jiva34's BB Stop auto-trader

[SWG123]

Yes i can confirm forward in forward testing this does not like the 1 min time frame.

That depends on your MM. It was originally intended as a 5 pip scalper - what did you use in your testing?

[trader689]

if anyone has had success with this robot unattended can you please share timeframe and settings? i just am getting no luck, thanks

[trader689]

hey glenn, what do you mean by 15/1.5? thanks. also which version are you using

[winsteadglenn]

The Bol. Band indicator default settings are two-stage: first, 20/2; then, 15/1.5
Still playing around. Entries were typically too late on the fifteen min. window. I got beat up badly overnight, due to oscillations on that T.F.
It may well be that OOTB is ok on the five min. window, if I ignore the oscillations.
I like the system. My Cray SuperComputer is on loan to the government, so figuring it out will take more time. LOL.
My experiment is to use settings of 10/1.2 in both slots of the EA, and change the visual B.B. indicator accordingly. Scroll-back looked pretty good on the five min. window. I may try a BE of 10/take five; JS of maybe 15. Just guesswork.

This certainly did not work. Constant bleed.

[Xfinity]

Anyone else that have problems with the breakeven / stop loss function?

My settings are 200 for breakeven, but when 250 had gone my way. Nothing happened.

Update - 23/11-2011:
Watched more closely when the bot put in a order, it seems that it adds an extra 100. So if I have stop loss of 300 points it gets 400 points. Something wrong in my part or is it HiddenPips?

[trader689]

ok thanks glenn please keep us posted on your results

[fxshadow]

if anyone has had success with this robot unattended can you please share timeframe and settings? i just am getting no luck, thanks

If you're looking for a high win rate, trade only E/U on the 15TF. Use default settings except change TP from 0 to 5 and trading hrs to Europe opening to London/NY overlap. After you see what it can do, just up the lot's. This is called putting all your eggs in one basket which means you should keep a very close eye on it.

[trader689]

thanks for the info will try this!

if anyone has had success with this robot unattended can you please share timeframe and settings? i just am getting no luck, thanks

If you're looking for a high win rate, trade only E/U on the 15TF. Use default settings except change TP from 0 to 5 and trading hrs to Europe opening to London/NY overlap. After you see what it can do, just up the lot's. This is called putting all your eggs in one basket which means you should keep a very close eye on it.

[EnPoint]

"close on opposite signal" set to false is a winner...

Figured it might be. You get some nice runners when consulting a higher timeframe BB or even just the slow BB on the same TF. And the 5, 0.5 settings (either you or Khalad) suggested allows for some tight entry points. This is a beautiful piece of work and strategy as well. Not trading much the rest of the year but this baby will be put to work starting in Jan.

[Cyrus7]

Hey guys,

I've a problem with the illustration of the daily open/pivot lines. They are just visible until i make the first changes in the settings. Even if i switch the settings from "true" to "false" to "true" again, the lines are not on the chart.

..I hope that i'm not the only one who can't see the lines?!

Thanks for your help!!
Mathias