Shelley's multi-pair basket trader

[Zypip]

I have 5 demo running in parallel each taking trades at JYopen, LDNopen and NYopen with different filter's setup. Like running comparative studies in parallel to see which one will glitch first. Will report the results soon but first will have to restart it with the newly fixed version of Shelley.

I also had the "close losing basket" option on for a while but noticed that it was consistently driving the basket to early abortion.

Could someone please refresh my memory on how this option will trigger the basket to close? I would guess that as soon as the basket is losing it will shut it down.

PS: Shelley was discovered by accident by FOrexgirl, like penicillin or viagra . All greatest mankind discoveries have been made by accident so we shall hope for the best

Oops! forget my silly question, I got my answer looking at the code I won't be using this option anyway. Cheers.

[stimpy]

just started shelley & 10.2 NB for the first time this morning at the open 8am GMT.

-750 pips on shelley atm - how far would you let your basket go before you pulled the plug? Given the reversal this morning have the results over the last few weeks been due to a strongly trending market?

would you still base your basket on a breakout style time setting 22:00 to 8am GMT and take the hit every so often or go for one of the currency strength indies option or an indicator (tma slope vs stoch & outside TMA bands or otherwise) feature prevalent across all smaller basket charts i.e EU EJ ENZD ECAD EGBP EAUD etc

avoiding that change and subsequent reverse move will need a cost benefit analysis....

[mackaozy]

just started shelley & 10.2 NB for the first time this morning at the open 8am GMT.

-750 pips on shelley atm - how far would you let your basket go before you pulled the plug? Given the reversal this morning have the results over the last few weeks been due to a strongly trending market?

would you still base your basket on a breakout style time setting 22:00 to 8am GMT and take the hit every so often or go for one of the currency strength indies option or an indicator (tma slope vs stoch & outside TMA bands or otherwise) feature prevalent across all smaller basket charts i.e EU EJ ENZD ECAD EGBP EAUD etc

avoiding that change and subsequent reverse move will need a cost benefit analysis....

Sorry for this but..

Why would you begin at 8am GMT today??

1. It's bank holiday today and tomorrow here in the UK (So there is NO London open today) everyone is at home..
2. The London open is at GMT +1 as it's BST here.

No wonder...

[stimpy]

just started shelley & 10.2 NB for the first time this morning at the open 8am GMT.

-750 pips on shelley atm - how far would you let your basket go before you pulled the plug? Given the reversal this morning have the results over the last few weeks been due to a strongly trending market?

would you still base your basket on a breakout style time setting 22:00 to 8am GMT and take the hit every so often or go for one of the currency strength indies option or an indicator (tma slope vs stoch & outside TMA bands or otherwise) feature prevalent across all smaller basket charts i.e EU EJ ENZD ECAD EGBP EAUD etc

avoiding that change and subsequent reverse move will need a cost benefit analysis....

Sorry for this but..

Why would you begin at 8am GMT today??

1. It's bank holiday today and tomorrow here in the UK
2. The London open is at GMT +1 as it's BST here.

No wonder...

1. why wouldn't you?
2. those are the default settings.
3. if bank holidays are not tradeable have you suggested we code in a calendar?

[phil_trade]

Ehup all members of the Superior Gender.

Oh, and the guys as well.

Version 1u is in post 1. This is a bugfix and it is a biggy.

Gary alerted me to a problem with Shelly's Woh 2x1 reading this morning. It is a complicated problem, so I will not describe it.

I had no London trades this morning. On my chart, I saw that Woh was always opposite to that of the Slope, so the trade was cancelled.

Doing my usual morning trawl through my live-trading charts, I noticed that my chart Woh and those of Shelley's were mostly opposites. When I looked at Shelly's code, I could see nothing wrong. I thought to have a look at the Woh 2x1 source code and found I had copied the calculation code incorrectly. Goodness knows how.

My guess is that we did not notice this last week because the week was established by the time we loaded Shelley onto our charts. Not sure; nor does it matter.

If you are one of those who insists on running a previous version, then you have no alternative other to go into the code editor and make the changes manually. If you have never done this, then now is the perfect time to learn how. Go to http://www.stevehopwoodforex.com/phpBB3 ... ?f=21&t=64 and learn to edit a script code. With a little bit of imagination and brain-power, you can use the techniques to do the required editing.

Go to Void ReadTable()
Find this line of code:
double wo = iMA(symbol,PERIOD_W1,1,0,MODE_SMA,PRICE_OPEN,0);
Change it to:
double wo = iMA(symbol,PERIOD_W1,2,1,MODE_LWMA,PRICE_OPEN,0);

Then find this line of code:
TradePair[cc][6] = none;
and change it to:
TradePair[cc][2] = none;

Don't re-compile. Save the edited file, close down and restart the platform. The edited version will be re-compiled automatically and your settings retained. If you recompile, you have to restart each instance of S and load up your set file.

Gary, I think this solves your thingy.

Until I get around to fixing it, this probably applies to Simple Shelley also.

Hello Steve

I suppose you mismatch the code between Woh 1x0 et 2x0. So One question appear, why don't you use both Woh like in NB 10.2 EA ?

Because upside-down Shelley doesn't use it manually. It would be easy enough to include, but let's see how we get on without it. I am using none of the confirmation filters on my own demo.

ho ho Steve, be careful not to create a schism in Nb religion
You're right Shelley !It's also reported into Verb NB rules compilation.

So Steve, in NB 10.2 EA, don't we have to remove the 2 lines if (WeeklyDirection != up) return(false);
if (WeeklyDirection != down) return(false); from bool LookForLongTrend(int tf) ?

Code: Select all

bool LookForLongTrend(int tf)
{
   /*
   Returns true if Slope and Woh trend are up, else returns false
   - Slope must be >= 0.4
   - Woh must be green   
   */
   
   if (tf == PERIOD_D1)
   {
      if (D1SlopeVal < 0.4) return(false);
      if (D1WohVal <= 0) return(false);
     if (WeeklyDirection != up) return(false);

[phil_trade]

Steve wrote

Because upside-down Shelley doesn't use it manually. It would be easy enough to include, but let's see how we get on without it. I am using none of the confirmation filters on my own demo.

Sure but these days are so trendy that you can trade Heads or tails !

My first constatation with ForexTester BackTest From 2009 till 2011 is a lot different. I will post complete result asap.

[Bunker]

Here are my results for the Asian session. Not bad for a Sunday night.
Everything OOTB
H4 made $80 and D1 made $35. All this within an hour.
Cheers!

Bunker

Hi Bunker,

I like your templet, esp., the Slope Diplay with bigger fonts and diplayed in two colums. Can you please tell me how to change fonts, etc., please? I've tried myself, but to no avail.

Kenboi
I usually prepare S to open 30 minutes before each session. I was late this time (for the Asian session) because I had problem with my criminal.

Michaelhryu
I think this is what you are looking for: http://www.stevehopwoodforex.com/phpBB3 ... 481#p14481
As for the arrows, you just have to change your Font size (default = 9) I changed it to 12.
Cheers!
Bunker

[Armen]

Hello mates,
I can't find the way to build friendship with this version U.
Can anyone send your *.set file, please.

[Caillou]

Hi

We will have losers days, this is unavoidable. You can stop trading at bank holidays, at Christmas, on Mondays, NFP, G8..........you can always have a reason for not trading, and then, when everything seems to be perfect for trading, you lose.
It´s impossible to have the same trending weeks always.......

Time will tell if Shelley is enough profitable in trending days vs ranging/retracement days

[mackaozy]

Hi

We will have losers days, this is unavoidable. You can stop trading at bank holidays, at Christmas, on Mondays, NFP, G8..........you can always have a reason for not trading, and then, when everything seems to be perfect for trading, you lose.
It´s impossible to have the same trending weeks always.......

Time will tell if Shelley is enough profitable in trending days vs ranging/retracement days

You guys may find this interesting:

http://www.stevehopwoodforex.com/phpBB3 ... f=37&t=606