Balls to the Wall, a 1 minute 1 trade EA

[SteveHopwood]

Hi All

While visually backtesting earlier today I saw a the yellow line appear on the opposite side of the market than what I would have expected.
I then re-read the thread as well as Paulus's initial explanation at FF.
I then scanned through version 1h and found what I believe might be a typo causing this:

Line # 2514-2516:
if (Fopen > Fclose) CreateHLine(LowLineName, iLow(NULL, PERIOD_H1, 1), STYLE_SOLID, 0,
LineColour);//Market fell
if (Fopen < Fclose) CreateHLine(LowLineName, iHigh(NULL, PERIOD_H1, 1), STYLE_SOLID, 0,
LineColour);//Market rose
I think iLow and iHigh should be swopped.

I made a copy of the code with this change and it seemed to have resolved the position of the yellow line.
I might be wrong, but thought I highlight the posibility.

FXJoe

Hmmmm. Slightly scary that I got this arse end over tip. Nothing new there. Utterly terrifying that it took a newbie here to both spot it and have the courage to point it out. Nice one, Joe; your name is now showing up in a much more fetching colour that it did originally.

Ok guys; either Joe is an idiot or I have confirmed yet again my idiocy status. I have read the code and compared it with the info in the post 1 pdf many times. Doesn't matter how many times I look; Joe appears to be correct.

Fix in post 1; this might give the original Balls a second chance. I shall try it again on demo on Monday.

Thanks Joe. Nice one.

[fxjoe2]

Glad to contribute some.

[wolfeman]

I could be wrong, but this might explain why the trades using slope were all closing immediately. I must give it a try...

Hi All

While visually backtesting earlier today I saw a the yellow line appear on the opposite side of the market than what I would have expected.
I then re-read the thread as well as Paulus's initial explanation at FF.
I then scanned through version 1h and found what I believe might be a typo causing this:

Line # 2514-2516:
if (Fopen > Fclose) CreateHLine(LowLineName, iLow(NULL, PERIOD_H1, 1), STYLE_SOLID, 0,
LineColour);//Market fell
if (Fopen < Fclose) CreateHLine(LowLineName, iHigh(NULL, PERIOD_H1, 1), STYLE_SOLID, 0,
LineColour);//Market rose
I think iLow and iHigh should be swopped.

I made a copy of the code with this change and it seemed to have resolved the position of the yellow line.
I might be wrong, but thought I highlight the posibility.

FXJoe

Hmmmm. Slightly scary that I got this arse end over tip. Nothing new there. Utterly terrifying that it took a newbie here to both spot it and have the courage to point it out. Nice one, Joe; your name is now showing up in a much more fetching colour that it did originally.

Ok guys; either Joe is an idiot or I have confirmed yet again my idiocy status. I have read the code and compared it with the info in the post 1 pdf many times. Doesn't matter how many times I look; Joe appears to be correct.

Fix in post 1; this might give the original Balls a second chance. I shall try it again on demo on Monday.

Thanks Joe. Nice one.

[jth]

Hi Guys,
Firstly Everyone have a good trading week.

OK last friday was a very bad looking day for the basket system by mid afternoon. At this point i had lost 2 piar with quite big losses at that, then the market started to turn. In the last 5 minutes before the market close on friday the system was $-400.00 dollars short from BE for the day. I decided to leave the basket going for sunday open.
I opened the Empty4 on sunday before market open and see what would happen, the basket hit TP 5 seconds after open which gave me a small total profit from friday of $383.80

But it's still a profit (see attached report.)

Anyway i am still waiting for London open

Regards
JTH

will report what happens win or lose.

[patman]

Hi All

While visually backtesting earlier today I saw a the yellow line appear on the opposite side of the market than what I would have expected.
I then re-read the thread as well as Paulus's initial explanation at FF.
I then scanned through version 1h and found what I believe might be a typo causing this:

Line # 2514-2516:
if (Fopen > Fclose) CreateHLine(LowLineName, iLow(NULL, PERIOD_H1, 1), STYLE_SOLID, 0,
LineColour);//Market fell
if (Fopen < Fclose) CreateHLine(LowLineName, iHigh(NULL, PERIOD_H1, 1), STYLE_SOLID, 0,
LineColour);//Market rose
I think iLow and iHigh should be swopped.

I made a copy of the code with this change and it seemed to have resolved the position of the yellow line.
I might be wrong, but thought I highlight the posibility.

FXJoe

Hmmmm. Slightly scary that I got this arse end over tip. Nothing new there. Utterly terrifying that it took a newbie here to both spot it and have the courage to point it out. Nice one, Joe; your name is now showing up in a much more fetching colour that it did originally.

Ok guys; either Joe is an idiot or I have confirmed yet again my idiocy status. I have read the code and compared it with the info in the post 1 pdf many times. Doesn't matter how many times I look; Joe appears to be correct.

Fix in post 1; this might give the original Balls a second chance. I shall try it again on demo on Monday.

Thanks Joe. Nice one.

Hi Steve,

I had wondered about this and was setting up to test today

I also figured the if statement

Code: Select all

  if (TimeHour(TimeLocal() ) == MarketOpenHour && ObjectGet(LowLineName, OBJPROP_PRICE1) != iLow(NULL, PERIOD_H1, 1) && !TradingDone && !DisableLineUse)

needed to be changed too.

if OBJPROP_PRICE1 = iHigh then for the first hour the EA keeps re-drawing the line - I think.

Would this work?

Code: Select all

  if (TimeHour(TimeLocal() ) == MarketOpenHour && (ObjectGet(LowLineName, OBJPROP_PRICE1) != iLow(NULL, PERIOD_H1, 1) || ObjectGet(LowLineName, OBJPROP_PRICE1) != iHigh(NULL, PERIOD_H1, 1)) && !TradingDone && !DisableLineUse)

patman

[cuzgeorge]

Hi Steve, all,
i'm getting this error on the new Wolfie and Balls v1h.
i believe it has something to do with Balud's time software, but cant see whats wrong.
Steve, enlighten us please; the part refers to two different trading time names, please refer to pic with highlighted code.
I cant get rid of the blank alert box that keeps coming up. ive had no trades on Wolfie yet, but v1g is working fine and v1i has had a win from this morning, albeit a small BE win.
regards
Cuzgeorge

EDIT; ive tried removing the code and recompiling , but it still comes up., ive also tried changing times and also removing times altogether. same issue.

[jboy]

jth,

what leverage are you using on your demo? I suspect it is quite high because in the US brokers, it is only 1:50 leverage. I don't see how one can open all 8 pairs at the same time with 1:50 leverage, I don't think the broker will allow the cumulative lots of 8 pairs.

jboy

[cuzgeorge]

Hey Jboy, if i may, a leverage of 1:50 is far too low for this kind of EA. If you can try to get a higher leverage crim.
also, you can turn down the risk dramatically or adjust to fixed lots to avoid that problem.
It is as you suspect a crim thing, so hope this helps.
regards
cuz

[jboy]

Yes, I think you are right. I will need to dial down the risk dramatically to run this EA in the US broker. I will probably need to cut down the risk to 0.5% instead of 5%. Shame. It won't really feel like Balls to the Wall. LOL. The CTFC has neutered the balls of US traders.

[jth]

Hi Guys,

Boooooooom Yeah

Basket TP was just hit: for $2479.74 = 10% of capital (Detailed report Attached)
5 pairs were triggered.
Time basket TP reached is: 09;59 local time (11;59 criminal time)
Will be waiting for NY open to setup trades again.
Regards
JTH

jth,

what leverage are you using on your demo? The EA is generating some huge lots on my criminal (mbtrading) since it says I don't have enough money to open the trades. I'm in the US, so the leverage is at 1:50, perhaps that is the reason...but I don't think that is. I will dig into the code to see if I can fix this. I think I saw someone else who had this problem earlier in the thread. but many others do not have this problem at all, so it may be criminal specific.

jboy

Hi jboy,
i Think to reduce the lot size you need to change the Riskpercent from 5 to say about 2. then your lot size should change. Give that a try.
JTH