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Spider: an auto-trader for spiderforex's VQ system
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Author:  SteveHopwood [ Tue Jan 03, 2012 2:38 pm ]
Post subject:  Re: Spider: an auto-trader for spiderforex's VQ system

gaheitman wrote:
rebeljedi wrote:Hi Steve,

I have been testing spider and I'm thinking of preventing spider to "overtrade" within the same day and lose the profit gained within the same day.

Hence, I ask for your kind consideration to add a win-stop/loss-continue filter:

Win-stop/loss-continue filter logic:
1. if spider makes a win within the start and end hours, the bot stops trading within the start and end hours for the same day, and continues only the next day's start and end hours.
2. if spider makes a loss within the start and end hours, the bot continues until there is a win within the start and end hours for the same day and then the bot stops trading for the same day. The bot will continue its trading the next day's start and end hours.

In addition, will you consider making the start and end time to have both hours and minutes too?

Thanks!
This functionality exists in the DoneForTheDay() code I posted a bit back. It has settings for MaxWinningTrades and MaxLosingTrades (among others). Perhaps Steve can look over it and see if it is worth adding.

If he is too busy with other EAs (he's got several in the early stages) I'll take a crack at updating it with the new time check (includes multiple sessions and hours/minutes) as well as the DoneForTheDay() code.

George
Great if you could do that, George. Thanks.

:D
Author:  rebeljedi [ Tue Jan 03, 2012 3:38 pm ]
Post subject:  Re: Spider: an auto-trader for spiderforex's VQ system

Hi Steve, George,

thanks a lot for your consideration and help, looking forward to the EA!
Author:  alex_forex [ Tue Jan 03, 2012 6:40 pm ]
Post subject:  Re: Spider: an auto-trader for spiderforex's VQ system

Just launched a new demo, I was missing SS :mrgreen:

Image

starting balance 100.000 USD / 4 pairs M30 @ 0.1 lot / VQ lenght = 8 :geek:

Regards
Alex
Author:  gaheitman [ Tue Jan 03, 2012 9:11 pm ]
Post subject:  Re: Spider: an auto-trader for spiderforex's VQ system

rebeljedi wrote:Hi Steve,

I have been testing spider and I'm thinking of preventing spider to "overtrade" within the same day and lose the profit gained within the same day.

Hence, I ask for your kind consideration to add a win-stop/loss-continue filter:

Win-stop/loss-continue filter logic:
1. if spider makes a win within the start and end hours, the bot stops trading within the start and end hours for the same day, and continues only the next day's start and end hours.
2. if spider makes a loss within the start and end hours, the bot continues until there is a win within the start and end hours for the same day and then the bot stops trading for the same day. The bot will continue its trading the next day's start and end hours.

In addition, will you consider making the start and end time to have both hours and minutes too?

Thanks!
OK, I've modified the EA to include the following enhancements:
  • Time Check now includes options for all three sessions, Asian, European and US. The time is still local time.
  • Times can now be entered to the minute.
  • Done for the day code has been added. There are multiple options for DFTD, which you can review at http://www.stevehopwoodforex.com/phpBB3 ... 2529#p2529
  • The code now checks to make sure VQ7.EX4 is in the indicator folder and will show an error if it is not. It also directs the user back to this forum to get the file.
For the DoneForTheDay settings, I believe you want to turn on DFTDMaxWinningTrades = 1. That will have it keep trading until it gets a winner. In this case, "winner" means a trade closed in profit.

I know nothing about the operation of this bot, so I need someone to test it before putting it out there for general consumption. Let me know if you are willing and I'll send it along to you.

George
Author:  alex_forex [ Tue Jan 03, 2012 9:14 pm ]
Post subject:  Re: Spider: an auto-trader for spiderforex's VQ system

I got a fresh demo account, you can send it to me, I will be glad to run it ;)

Regards
Alex
Author:  rebeljedi [ Wed Jan 04, 2012 1:51 am ]
Post subject:  Re: Spider: an auto-trader for spiderforex's VQ system

gaheitman wrote: OK, I've modified the EA to include the following enhancements:
  • Time Check now includes options for all three sessions, Asian, European and US. The time is still local time.
  • Times can now be entered to the minute.
  • Done for the day code has been added. There are multiple options for DFTD, which you can review at http://www.stevehopwoodforex.com/phpBB3 ... 2529#p2529
  • The code now checks to make sure VQ7.EX4 is in the indicator folder and will show an error if it is not. It also directs the user back to this forum to get the file.
For the DoneForTheDay settings, I believe you want to turn on DFTDMaxWinningTrades = 1. That will have it keep trading until it gets a winner. In this case, "winner" means a trade closed in profit.

I know nothing about the operation of this bot, so I need someone to test it before putting it out there for general consumption. Let me know if you are willing and I'll send it along to you.

George
Hi George,
thanks a lot for your help!
yes, please send the EA and I will test it and inform you the outcome.
Author:  HamFX [ Wed Jan 04, 2012 9:37 am ]
Post subject:  Re: Spider: an auto-trader for spiderforex's VQ system

I'm happy to support testing campaign if you like
Author:  mydone [ Wed Jan 04, 2012 12:46 pm ]
Post subject:  Re: Spider: an auto-trader for spiderforex's VQ system

Guys i love slow martin 1.5 and if tp is more than 1.5 of st. try this. Please help me to understand what pairs are safier to go together? i want find 2 pairs that are really different in flats and trends to trade martin safier (sorry for language)
Author:  alex_forex [ Wed Jan 04, 2012 7:03 pm ]
Post subject:  Re: Spider: an auto-trader for spiderforex's VQ system

George,

After the display issue sorted out ;) I got the message that I don't have the VQ indicator
but I have... I didn't rename it... it is called VQ7.ex4 but it looks like it does not recognise it.

Regards
Alex
Author:  alex_forex [ Wed Jan 04, 2012 7:13 pm ]
Post subject:  Re: Spider: an auto-trader for spiderforex's VQ system

After some restart of this crappy Empty4 I don't have this issue anymore.... ! :roll:

We are now outside of the trading hours so I'll keep you update tomorrow ;)

Alex
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