- 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.
- Bob's HGI indicator.
- Holy Graily Bob at http://www.stevehopwoodforex.com/phpBB3 ... 61#p116761
- Pipcruiser's Pipmasher EA - the steroids version. http://www.stevehopwoodforex.com/phpBB3 ... 44#p114044
What follows a lot folks is this term: "We all know." It refers to those of us who understand what is happening here because we have been along for the ride. Tough if you are one of those who does not know. This thread is not for you - unless you had the brains to read the top part of this post and act upon it. If not, you will ignore this next statement as well. Post in such a way that shows that you have not read the requisite threads and I will delete you registration. Byeeeee. Moving on.
We all know that HGB is utterly fantastic when he gets it right. We all know he is utter crap when the markets are moving against him because he reacts too slowly to stop us giving back all those lurevly pips we made a day or two ago.
We all know that PPoS can sit silent for days when the markets are moving away from him. The trades follow him - deleted and then recreated in a new position at the open of the new D1 candle. Then he pounces.
Holy Graily Bob 'n Piproid is an attempt to marry the two EA's.
We shall shorten him to HP to save us all a lot of typing.
What I have attempted to do is this: HP only takes trades in the direction of PP's trend and retrace detection, following the appearance of an HGI signal. The HGB bit should work as normal. The imported PPoS stuff is what might cause bugs, but the inputs are as normal.
Ask your questions about basic stuff that you do not understand in the relevant "xxxx for Dummies" thread. Bog-basic questions here will be deleted. Read the relevant user guides.
No idea if this can be a runner as an EA. Let's give it a try and see.
Note that I have not tested this properly on demo, so there will be bugs.
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
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