Pitbul: Brian's strategy automated

[Sundog]

Sorry, I should've said.

Its an Cowboy IBFX demo, 200 dollar start (i dont believe in demoing with 50K? whats the point). its on a 5 min AudCad chart. I just put it on OOTB, with the adjustments made, that you'll find in the set file above.
Good luck. Im still looking for the description of absolute time and such if anyone knows where I can find that?

Cheers

[garyfritz]

Great! Thanks.

I *think* the absolute time / etc specifies the lookback period for the EA, similar to George's Pitbull indicator. So if you set it to an absolute time of XX:YY, that's similar to opening a basket of "indicator trades" at time XX:YY and then seeing what it's done since then. I think. I don't know how the EA makes use of that as time goes on.

[jb68]

Absolute time - is the time when you open Brian's virtual basket based on crim's clock.
Relative time/minutes - we get the result for what happens in last n minutes when we start the EA. It will find the fastest moving pair for last 180 minutes in default settings. This didn't work well for me.

If we open this basket as Marcello did we transform our pitbul in a London breakup strategy for the fastest moving pair. London breakup works decent so if we select best moving pair we can get a killer EA.
I've been in vacation so I did no trades for last week.

[garyfritz]

jb68, do you understand how Marcello got the results he posted? I tried his settings and lost money.

[MarcelloT]

Confirm, in the previous week Ptbull steadily losing

[jb68]

jb68, do you understand how Marcello got the results he posted? I tried his settings and lost money.

I think so, however London Breakup as a strategy doesn't work all the time. Using the fastest moving pair and a basket will increase our chances but there are days when everything will not work as it should.

I think this strategy has a lot of potential but we should find a way to optimize TP and SL.

[Panamamike]

I would like to try this EA at two different sessions. I would like to start it after the cluster of Euro and GBP news, so begin at around 9 GMT . I would use MTPM to manage these trades.

Then I would like a second session to start after US news releases and run the same way as above. I would be trying to capture the most likely two trending thrusts of the day by trading the two stongest and two weakest during those periods.

Cold someone add a second start and end time to the EA?

[garyfritz]

Why not run two separate tests with the two trading periods?

[Panamamike]

I have been trading this by closing the basket when it reaches profit instead of closing each trade when in profit. I am wondering if it would be possible to add an option to set the basket's target to breakeven if it has been open for a certain amount of time.

Sometimes I will have a basket open for days, I have been removing the EA and adding it back with a basket profit of $0.10 just so it will be able to start over with fresh trades. Hope I am making sense

I see there is still some interest in the EA, and so am prepared to continue development.

Any further requests on top of this one? Sing out, for when I look into this.

Stop trading for the day when daily profit, by either dollar amount or %of equity is reached.

[Sundog]

Thanks guys for the time explantion