- 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:
- How to use EA's.
- The original Moving Day at viewtopic.php?p=169624#p169624
- The indicators you intend to use
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 viewtopic.php?p=169624#p169624 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.
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 viewtopic.php?p=170846#p170846 to ask for help with stuff you do not understand.
There are a host of inputs and you will not need many of them. The attached, "How to hide unwanted inputs.pdf" explains how. Even non-coders can do it. It is simple and you cannot do any harm. Try it.
I have no idea if Monster can be successful. All we can do is try it and see.
Demo accounts for you to follow
MACD with SuperSlope for strength confirmation:
Login: 2192319
Investor: ece1enu
Edit 21/9/20
At the time of writing this edit, using GRaB as the trade trigger is looking good. It is early days though and we have been here before, so don't rush to put this on live trading accounts. You can download a setfile for H1 from viewtopic.php?p=171093#p171093, along with a template for the individual charts.
This demo is using that setfile:
Login: 2198132
Investor: gonk8iu
This demo is trading the same was but on the H4:
Login: 2198133
Investor: 8ztrsqa
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
- http://www.stevehopwoodforex.com/phpBB3 ... =21&t=5190
- 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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