Trendy Monster Moving Day

Trendy Monster Moving Day

Postby SteveHopwood » Sat Aug 01, 2020 7:47 am

SERIOUS WARNING
  • 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.
  • 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:

MAKE SURE YOU READ THIS POST http://www.stevehopwoodforex.com/phpBB3/viewtopic.php?p=111241#p111241 There was a Forex bloodbath on Jan 15th 2015 that you need to know about. This sort of Black Swan event can happen at any second.

I was speculating about the possibility of having all of the Trendy tribe 'trend' trade triggers in one place and decided to combine them all into one bot. Attached is Trendy Monster Moving Day. I have changed the terminology so that what we were previously describing as a 'trend' I now describe as a trade trigger. These are supported by higher time frame strength/direction indicators. Details in the attached user guide.

Monster is not an EA for the faint-hearted. I have not included descriptions of the inputs in the UG so my advice is this; do not use an indicator if you do not already understand it. Monster is for those who like to experiment. The only trade trigger whose default is 'true' is the MACD cross, to get those of you started who have little experience of all this stuff.

You can enable any combination of trade triggers. You can set them so they will only be traded if all agree, or will trade as soon as one of them passes its test. You can set any combination of HTF strength/direction indis to confirm/deny the trade.

Every thing else is Moving Day, so go to SteveHopwood @ Moving Day for the user guide for inputs you do not understand.

Remember that you will need all the TDesk stuff even if you are not going to send signals to it.

Special kudos to Alex (user name biobier) who has been with me from early in code development, spotting and fixing bloops and making invaluable suggestions for features to include. Thanks Alex. :clap: :clap: :clap:

Coders, go to the end of the UG for details about how to add your own choice of indi into the mix. Competent programmers will find the process easy.

Please use this thread for posting and discussing trading strategies and results. Go to SteveHopwood @ Trendy Monster MD for the hopelessly confused. Ask here. to ask for help with stuff you do not understand.

I have no idea if Monster can be successful. All we can do is try it and see.


:xm: :rocket:


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
-

-
You do not have the required permissions to view the files attached to this post.
Read the effing manual, ok?

Global Prime is the official SHF broker. Click here to sign up for a live account with Global Prime and join the several thousand SHF members who wisely choose GP as their broker of choice.

I still suffer from OCCD. Good thing, really.

Anyone here feeling generous? My paypal account is always in the market for a tiny donation. [email protected] is the account.

To see The Weekly Roundup of stuff you guys might have missed Click here

My special thanks to Tommaso (milanese) for all the incredible work he does here.
User avatar
SteveHopwood
 
Posts: 9095
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Trendy Monster Moving Day

Postby minaz » Sun Aug 02, 2020 11:52 pm

thanks Steve. for The new EA.

please forgive me if i am wrong :arrrg: :arrrg: . Is this correct at page 3 of the user guide ?

"Coenraad's method:
◦ go long if the low of the previous x candles (default 5) was below the 21 EMA.
◦ go long if the high of the previous x candles (default 5) was above the 21 EMA."


as earlier you wrote
This one is the brainchild of Coenraad, user name zaguy. This is his method:
Use a 21 period EMA set to the close price:
The market is trending long if the low of the previous 5 candles is above the moving average.
The market is trending short if the high of the previous 5 candles is below the moving average.
Any mixture means the market is ranging, so no trading.
Send a stop and a limit order, x pips away from the market. Taking buying as an example:
The market falls and fills the limit order: delete the stop order and add the buy stop grid in the normal way.
The market rises and fills the stop order: delete the limit order and add the buy stop grid in the normal way.

at this topic:
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?p=170686#p170686

I am just asking because i felt it's not correct ...Again forgive me i am wrong.

Regards,
Mina Maher
minaz
 
Posts: 9
Joined: Sat Jul 09, 2016 4:32 pm

Trendy Monster Moving Day

Postby SteveHopwood » Mon Aug 03, 2020 12:04 am

minaz » Sun Aug 02, 2020 11:52 pm wrote:thanks Steve. for The new EA.

please forgive me if i am wrong :arrrg: :arrrg: . Is this correct at page 3 of the user guide ?

"Coenraad's method:
◦ go long if the low of the previous x candles (default 5) was below the 21 EMA.
◦ go long if the high of the previous x candles (default 5) was above the 21 EMA."


as earlier you wrote
This one is the brainchild of Coenraad, user name zaguy. This is his method:
Use a 21 period EMA set to the close price:
The market is trending long if the low of the previous 5 candles is above the moving average.
The market is trending short if the high of the previous 5 candles is below the moving average.
Any mixture means the market is ranging, so no trading.
Send a stop and a limit order, x pips away from the market. Taking buying as an example:
The market falls and fills the limit order: delete the stop order and add the buy stop grid in the normal way.
The market rises and fills the stop order: delete the limit order and add the buy stop grid in the normal way.

at this topic:
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?p=170686#p170686

I am just asking because i felt it's not correct ...Again forgive me i am wrong.

Regards,
Mina Maher

Thanks. That is a typo that I will correct in the morning.

This:
"Coenraad's method:
◦ go long if the low of the previous x candles (default 5) was below the 21 EMA.
◦ go long if the high of the previous x candles (default 5) was above the 21 EMA."

Should be:
"Coenraad's method:
◦ go long if the low of the previous x candles (default 5) was below the 21 EMA.
◦ go short if the high of the previous x candles (default 5) was above the 21 EMA."

Great spot. Thanks. :clap: :clap: :clap:

:xm: :rocket:
Read the effing manual, ok?

Global Prime is the official SHF broker. Click here to sign up for a live account with Global Prime and join the several thousand SHF members who wisely choose GP as their broker of choice.

I still suffer from OCCD. Good thing, really.

Anyone here feeling generous? My paypal account is always in the market for a tiny donation. [email protected] is the account.

To see The Weekly Roundup of stuff you guys might have missed Click here

My special thanks to Tommaso (milanese) for all the incredible work he does here.
User avatar
SteveHopwood
 
Posts: 9095
Joined: Tue Nov 15, 2011 8:43 am
Location: Misterton - an insignificant village in England. Very pleasant to live in.


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