The New Beast!

[Ribelo]

Great! Set file is in the first post.

[alex_forex]

Demo @Alpari UK : 10k$
Simple Beast with setfile in post 1, just changed ECN = false
12 pairs



Regards
Alex

[Ribelo]

Big thanks Alex. I could put a demo and linked it myfxbook, but my only computer is noisy desktop, and I could't sleep at night ..: P

Update in first post.

[alex_forex]

You're welcome

It runs on my VPS...so i can't hear it

Will update the EA with 23.11.11 version today.

Regards
Alex

[DING]

Ribelo,

what is the reentry pip rule for simple beast recovery?
it still have trouble in CHF,JPY at big news story .
and suggest the Hedge should let it workable.

[DING]

I think do hedge condition could filter on Bob's NB10 D1 trend definition with price break D1 demand zone, I will do visual back test the idea whether workable... :

[Ribelo]

sixth = (TopLine - BottomLine)/6
RsiTrendFactor = MathAbs ( RsiVal - 50.0 ) / 25;
RsiTrendFactor = MathExp(RsiTrendFactor );

Code: Select all

RsiVal	RsiTrendFactor
50	  |	1
55	  |	1,221402758
60	  |	1,491824698
65	  |	1,8221188
70	  |	2,225540928
75	  |	2,718281828
80	  |	3,320116923
85	  |	4,055199967
90	  |	4,953032424
95	  |	6,049647464
100	  |	7,389056099

ReEntryLinePips = sixth * (OpenTrades+1)*RsiTrendFactor

The larger volatility the higher ReEntryLinePips, the stronger the trend the higher ReEntryLinePips.

I'm going to have to see if OrderType shall affect the ReEntryLinePips.

Tomorrow I will finally add the CBI Module, and look at the Hedge. Before did not do that because I'm trying to fix all the mistakes the first to know, and make changes to things actually existing. The longer the code, the harder to find errors.

[Rascacio]

Ribelo,

what is the reentry pip rule for simple beast recovery?
it still have trouble in CHF,JPY at big news story .
and suggest the Hedge should let it workable.

Hi there, in my humble opinion I would keep clear of any CHF and JPY pairs when using The Beast in any way shape or form !!!

The Beast can fall into big DD and with these pairs it can be horrendous and last for weeks. I know this for a fact, having nearly lost my shirt a couple of times with my live account.

I stopped trading live a couple of months ago and set up a new £5000 demo on 21st Sept with only 5 pairs - EURCAD, EURGBP, EURUSD, GBPUSD an USDCAD. My balance now stands at £7583 but at present I have a DD of £1284 !!!! This is big but it is not something I am too worried about (It's a demo !!) as it's been there before and I have confidence that it will recover.

I am looking forward to testing this new version and will set up a new demo at the weekend.

[musky]

Im gettting these on BT and forward with aut calc lots set to off. Any ideas? Thanks.
jor OP_BUY order send failed with error(134): not enough money

[Ribelo]

Run Visual BackTest, press F3 and check GlobalVariables.