- Most Forex traders lose all their money.
- Using the robot posted here in trading Forex does not guarantee success.
- Trading this robot could lead to serious financial loss.
- Trading this robot without understanding its underlying trading strategies guarantees traders will lose their money.
- This is not a set-and-forget ea; there is no such thing and anyone who tries to claim there is, is either stupid or lying. This ea requires frequent manual intervention.
- At best, a trading robot is only 90% as good as the manual strategy it trades. At best. At worst, it can be much less effective. If the strategy is rubbish, so is the robot.
- To trade this robot, you have to understand:
- How to use EA's.
Pipcruiser's Pipcrusher 'n Grid is Pipcruiser's Pipcrusher (down load and read about at http://www.stevehopwoodforex.com/phpBB3 ... 14#p101314) with HGB'nG (http://www.stevehopwoodforex.com/phpBB3 ... =87&t=4525) grid trading and hedging added.
I have made it possible for users to have complete control over the time periods they use, with these inputs:
- LongerTimeFrame: go on, take a guess.
- LongerPeriod: how many candles to include in the trend detection.
- LongerCandlesStart: the candle from which you want the calculation to start. The default means the previous candle.
Examples:
- 1) PP as originally intended
- - LongerTimeFrame = MN1. LongerPeriod = 1 LongerCandleStart = 1
- MediumTimeFrame = W1. MediumPeriod = 1. MediumCandleStart = 1.
- TradingTimeFrame = D1. TradingPeriod = 1. TradingCandleStart = 1.
- - LongerTimeFrame = D1. LongerPeriod = 20 LongerCandleStart = 2
- MediumTimeFrame = D1. MediumPeriod = 5. MediumCandleStart = 2.
- TradingTimeFrame = D1. TradingPeriod = 1. TradingCandleStart = 1.
- - LongerTimeFrame = D1. LongerPeriod = 30 LongerCandleStart = 10
- MediumTimeFrame = D1. MediumPeriod = 10. MediumCandleStart = 1.
- TradingTimeFrame = D1. TradingPeriod = 2. TradingCandleStart = 1.
- - LongerTimeFrame = MN1. LongerPeriod = 1 LongerCandleStart = 1
Try this out folks, and see if it is successful. I have traded PPoS on my live account, so I have high hopes of this flavour.
Matters of general interest
Go here to download and run the script that will fill your platform's missing chart history: http://www.stevehopwoodforex.com/phpBB3 ... f=15&t=254
Read this post:
http://www.stevehopwoodforex.com/phpBB3 ... p?f=6&t=78 Newbie traders, read this for inspiration and warning. Those of you who have suffered losses, read it for inspiration.
Masterly summary of hedging: http://www.forexfactory.com/showthread. ... ost4977179
EA coding
I receive may requests to code EA's. Traders, if I code your EA for free, then I will share it here. If you want me to code your EA without sharing, then my fee is $100 payable into my paypal account. I explain why at http://www.stevehopwoodforex.com/phpBB3 ... ?f=15&t=79, at the bottom of the post.
Useful utilities/EA's/scripts
- Multi purpose trade manager: http://www.stevehopwoodforex.com/phpBB3 ... ?f=21&t=64
- Account equity analyser: http://www.forexfactory.com/showthread. ... ost4709098, which includes a template for both USD and the Euro.
- Past-trades display indi by squalou; shows a graphical display of the success/failure of trades in your History tab. Breathtaking piece of work. http://www.forexfactory.com/showthread. ... ost3830610
- My shell EA – the code I use to produce EA's so quickly. http://www.stevehopwoodforex.com/phpBB3 ... ?f=15&t=79
-