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jiva34's BB Stop auto-trader
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Author:  jiva34 [ Mon Dec 05, 2011 6:07 am ]
Post subject:  Re: jiva34's BB Stop auto-trader
If trading this manually I found this neat ea that lets you mange trades by moving the lines on the chart itself.
http://codebase.mql4.com/7821
Author:  jiva34 [ Mon Dec 05, 2011 7:16 am ]
Post subject:  Re: jiva34's BB Stop auto-trader
test driving on demo...manual trades
using the line on chart ea to manage orders, so there are gray lines at trade openings.
(second position was placed high testing the trade managing ea)
Author:  Sundog [ Mon Dec 05, 2011 10:35 am ]
Post subject:  Re: jiva34's BB Stop auto-trader
Greetings,

I've been running this live for the last 2 weeks, with mixed success, but to be expected as im tuning the settings as I go (could never run the back tester successfully).

I have noticed that inevitable as the signal is given and the trade taken, the price always receeds back 5-10 pips. Would it be possible to add a function to place a limit order, which would expire within 2 candles, so that we could get a better trade placement.

As usual, my thanks to you all, for your time, ideas and expertise.

Regards

Sundog.
Author:  jiva34 [ Mon Dec 05, 2011 10:59 am ]
Post subject:  Re: jiva34's BB Stop auto-trader
Sundog wrote:Greetings,

I've been running this live for the last 2 weeks, with mixed success, but to be expected as im tuning the settings as I go (could never run the back tester successfully).

I have noticed that inevitable as the signal is given and the trade taken, the price always receeds back 5-10 pips. Would it be possible to add a function to place a limit order, which would expire within 2 candles, so that we could get a better trade placement.

As usual, my thanks to you all, for your time, ideas and expertise.

Regards

Sundog.
Am requesting Steve to change the exit algorithm. Instead of exiting on an opposite signal. Exit would be when candle closes on opposite side of the fast bbstop..
This is a trade in progress from Europe session. (manual trade)
Author:  jiva34 [ Mon Dec 05, 2011 11:26 am ]
Post subject:  Re: jiva34's BB Stop auto-trader
long closed, short opened
Author:  gaheitman [ Mon Dec 05, 2011 11:56 am ]
Post subject:  Re: jiva34's BB Stop auto-trader
jiva34 wrote: Am requesting Steve to change the exit algorithm. Instead of exiting on an opposite signal. Exit would be when candle closes on opposite side of the fast bbstop..
This is a trade in progress from Europe session. (manual trade)
I suspect Steve's working on TIB, so I thought I'd jump in.

Attached is a version that should do what you ask. I have added the setting:

Code: Select all

extern bool    CloseTradeOnFastTrendChange=true;
along with code to handle it (it was really just a copy and paste of the code that was in place for closing on the slow trend change).

I've run it in ST and it is certainly looks like it is working. Here is today's trade:
pic_13 2011-12-05 06.51.gif
Let me know if you have any questions.

George
Author:  SteveHopwood [ Mon Dec 05, 2011 12:07 pm ]
Post subject:  Re: jiva34's BB Stop auto-trader
Fabulous George. Thanks.

I have replaced the version in post 1 with yours.

:D
Author:  bobasker [ Mon Dec 05, 2011 12:17 pm ]
Post subject:  Re: jiva34's BB Stop auto-trader
Updated excel file with forward test results here.

http://www.stevehopwoodforex.com/phpBB3 ... ?f=4&t=120
Author:  SeventySe7en [ Mon Dec 05, 2011 12:20 pm ]
Post subject:  Re: jiva34's BB Stop auto-trader
@ gaheitman:
Thanks George! :)

@ Jiva
What settings are you using for M1 TF? All averages on/off? TP? SL? Hiddenpips? CloseTradeOnOppositeSignal=false/true? You get the picture ;).

Thanks!
Author:  jiva34 [ Mon Dec 05, 2011 12:32 pm ]
Post subject:  Re: jiva34's BB Stop auto-trader
SeventySe7en wrote:@ gaheitman:
Thanks George! :)

@ Jiva
What settings are you using for M1 TF? All averages on/off? TP? SL? Hiddenpips? CloseTradeOnOppositeSignal=false/true? You get the picture ;).

Thanks!
aa false, no tp, no sl, close on fast bb, 180 slow, 90 fast. opposite signal false.
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