MultiBob, a multi symbol NB10.2(a) autotrader

[Baluda]

1) I have got 2 entry signals thus far which is good:
- Buy EURAUD at 1.27091 with the comment "D1 Trend" in a DT. However, the entry actually meets CTS Sell conditions instead (near upper Fast line, above SMA(20) & SMA(240), TMASlope <0.55)
- Sell AUDCHF at at 0.95244 with the comment "D1 Trend" in a UT. However, the entry actually meets CTS Buy conditions instead (near lower Fast line, below SMA(20) & SMA(240), TMASlope >-0.55)

CC,

Could you specify at what time these signals where generated. I will check on it tomorrow.

Note, I am in CET, what timezone are you in?

Paul

[coolncalm]

1) I have got 2 entry signals thus far which is good:
- Buy EURAUD at 1.27091 with the comment "D1 Trend" in a DT. However, the entry actually meets CTS Sell conditions instead (near upper Fast line, above SMA(20) & SMA(240), TMASlope <0.55)
- Sell AUDCHF at at 0.95244 with the comment "D1 Trend" in a UT. However, the entry actually meets CTS Buy conditions instead (near lower Fast line, below SMA(20) & SMA(240), TMASlope >-0.55)

CC,

Could you specify at what time these signals where generated. I will check on it tomorrow.

Note, I am in CET, what timezone are you in?

Paul

Crim's time (NZ, GMT+3):
EURAUD - 2012.10.17 11:23
AUDCHF - 2012.10.17 11:24

[lvdfx888]

I'm currently watching audusd as it looks to be making its way back to the MP - but the piviot alignments tell me this is in a downtrend and we are seeing a retrace. If we get a new H4 high posted at the MP along with the TMA Slope bands then I think we have a valid set-up.

Nice call. However, I cannot predict PA for the life of me, I can only fast-follow the current/emerging bias at high probability points
Seeing that PA has reached significantly beyond its trading range to touch MP, it may either do what you have suggested, or fall back just enough to gather further momentum and then go back up all the way beyond MP to the H4 trading range upper limit until it sets a H4 high. Both secenarios are probable so do not get caught unawares. Either way, the pair looks good to sell on momentum weakness near MP. in the first scenario, the short entry will last a while; in the latter, it will be very brief and setting BE will be key.

Cheers,
CC[/quote]

Hi CC,

"go back up all the way beyond MP to the H4 trading range upper limit until it sets a H4 high", do you mean when it reaches Fast TMA Line (D1) ?

au h4.gif

Thanks, Ron

[linuspoon]

Hi Paul,

Great work in your EA. I took a look at the CTS portion of the code and I found that the CTSMom does not seem correct. Currently, the code is :

if ( ( slopePrior < 0.55 && slopeNow > 0.55 )
|| ( slopePrior > -0.55 && slopeNow < -0.55 ) ) symbolValues[iCTSMomentum] = momRaising;
if ( ( slopePrior > 0.80 && slopeNow < 0.80 )
|| ( slopePrior < -0.80 && slopeNow > -0.80 ) ) symbolValues[iCTSMomentum] = momFalling;

Based on CC's writeup, any slope value between 0.80 to 0.55 (sloping downwards) is considered as one of the valid condition for short entry while value between -0.80 to -0.55 (sloping upwards) is one of the valid condition for long entry, both being momentum weakening. I believe that CTS does not use momentum strengthening as one of the entry conditions. As such, should the code be rewritten as :

if ( ( slopePrior > slopeNow && slopeNow < 0.80 && slopeNow > 0.55 )
|| ( slopePrior < slopeNow && slopeNow > -0.80 && slopeNow < -0.55 ) ) symbolValues[iCTSMomentum] = momFalling;


We can do away with the strengthening momentum portion unless you want to keep it for information/display only.

Linus

[coolncalm]

Hi CC,

"go back up all the way beyond MP to the H4 trading range upper limit until it sets a H4 high", do you mean when it reaches Fast TMA Line (D1) ?


Thanks, Ron

Yep. The D1 lines form the trading range on the H4 TF just as the H4 lines do for the H1 TF.

[Baluda]

1) I have got 2 entry signals thus far which is good:
- Buy EURAUD at 1.27091 with the comment "D1 Trend" in a DT. However, the entry actually meets CTS Sell conditions instead (near upper Fast line, above SMA(20) & SMA(240), TMASlope <0.55)
- Sell AUDCHF at at 0.95244 with the comment "D1 Trend" in a UT. However, the entry actually meets CTS Buy conditions instead (near lower Fast line, below SMA(20) & SMA(240), TMASlope >-0.55)
Is it possible the conditions may have been switched around?

2) The display presents the CTSBias correctly; however, especially in **-RR pivot formations, emerging bias resulting from a MTF high/low or MP crosses is yet to be captured. Should this be expected soon?

CC,

1:
The 'D1 Trend' buy is a NB 10.2 type trade. Could it be you have the 'tradeBN10.2' user setting set to true? If so, please use the set file I posted to the other thread.

2: It is not clear to me how to set up clear rules that define the 'emerging bias'. Could you take some time to think about this. It is clear what you mean by emerging bias. (DP or WP will change in a few hours and I know now that the bias will change in my favour.) Is there any way to define hard rules to describe 'emerging bias'.

FYI, I have not implemented SMA checks yet.

Paul

[Baluda]

New version MultiBob v1.2.13 in post 1.
Changes:

• Tightened momentum calculation, TY Lius
• Improved CTS Momentum display, now shows H1 slope and strenghtening or weakening arrow when needed.
• Improved CTS HPTP display, now shows nearest TMA line and distance from current price.

Again, CTS does NOT trade for now. It is only for display and testing purposes.

Enjoy,

Paul

[alex_forex]

Thanks Paul

[pacinvest]

Hi All

Just a little report on Multibob performance trading on demo from me. I started with demo trading 3 weeks ago. First week I set all trading options on and ended week at a profit some 200 pips. Second week again all options on, not so good down several hundred pips. Obviously alot of ranging or retracement going on. With so many trades being made I struggled to do all the analysis that I could have done but clearly going for trending trades on day timeframe in those conditions is close to suicidal.

For this week with fresh account I set Multibob to trade only 10.2a on 4h and day. My thought here is trade rules around pivot alignment could handle the ranging conditions better than some of the triggers in 10.2. I was also interested in how the EA would do trading on the 4hr timeframe under 10.2a in these conditions. I just closed all open trades because happy to call it a week and sit out Friday this week and I want to set up a new start for next week. This week without huge trending opportunity the EA has done well all week and has finished at around 550 pips in profit for the week, trading 40 trades with 12 loosers. As far as I can see no bugs involved in orders or trade management. I wish I could say my manual trading was doing as well.

Looking at the trades, I think the reason this week went so well is that the EA was doing well with h4 trades which makes sense given that retracements and ranging still dominates. I am hopeful that what is happening here is that the EA is holding off on day tf entries due to the triggers not being hit but is getting in there with some good h4 trades. Any comments on this?

This leads me to a request. It would be really interesting and valuable in the 10.2a trading mode if we could easily distinguish whether the trade was a h4 trade or day trade. One way is via the comment generated. Not sure how much of coding headache this would create? Or is there some other simple way that I haven't thought of.

This week I used a 2% risk setting which all worked in terms of execution but seem a bit high considering the number of trades open and the degree of correlation between pairs that goes on. There can be up to and over ten trades open at a time in 10.2a h4 and day tf mode. Any comments on risk setting for MB?

[Jollyroger]

The "Comments" feature of the MT platform does a great job for this. You can use the sort feature and your trades willl be listed alphabetically