Bob and Jem and Shelley's Pivot Basket auto-trader
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garyfritz
Re: Bob and Jem and Shelley's Pivot Basket auto-trader
FWIW I've been running 1j since Sunday and got no trades. All waiting for pivot crosses.
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Armen
Re: Bob and Jem and Shelley's Pivot Basket auto-trader
Gary, the same is hear. Patience my friend. Better to forward with little baby steps, IMHO.
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harry45
- Trader
- Posts: 158
- Joined: Fri Nov 18, 2011 11:36 am
- Location: Russia,St.Petersburg
Re: Bob and Jem and Shelley's Pivot Basket auto-trader
I have some ideas about this EA.When( for long) Slope is above "buy level", all Pivots are in alignment and price is above DP-EA takes trade.The main problem is exit.I suppose if we have some sort of MA
and candle closes under MA, trade closes in spite of big value of Slope.It prevents us from DD.If it is basket and other pairs are under conditions OK.When mentioned pair gains strength and candle closes above MA new trade will be open and it joins to basket.
See att. pic. Lines "1" and "3" limit "buy zone".Lines "2","2a" dotted aqua show candles closed under MA.
Example: EA takes trade near line "1" and closes it near line "2".After two candles, EA takes trade again and closes trade near "2a".Between "2a" and "3" no trades -PA below MA.In such approach we need not think about exit level.
Regards
P.S.It makes a great sense in Baluda EA
and candle closes under MA, trade closes in spite of big value of Slope.It prevents us from DD.If it is basket and other pairs are under conditions OK.When mentioned pair gains strength and candle closes above MA new trade will be open and it joins to basket.
See att. pic. Lines "1" and "3" limit "buy zone".Lines "2","2a" dotted aqua show candles closed under MA.
Example: EA takes trade near line "1" and closes it near line "2".After two candles, EA takes trade again and closes trade near "2a".Between "2a" and "3" no trades -PA below MA.In such approach we need not think about exit level.
Regards
P.S.It makes a great sense in Baluda EA
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Armen
Re: Bob and Jem and Shelley's Pivot Basket auto-trader
Hello Harry, in 10.2 we have MA 5 shift 1. That MA is supposed to do the job if I correctly got your message. Actually this is what Bob suggested.harry45 wrote:I have some ideas about this EA.When( for long) Slope is above "buy level", all Pivots are in alignment and price is above DP-EA takes trade.The main problem is exit.I suppose if we have some sort of MA ...
Even in basket case we can employ MA 5 as an exit. I mean every single pair in the basket can be closed based on PA position against MA 5.
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harry45
- Trader
- Posts: 158
- Joined: Fri Nov 18, 2011 11:36 am
- Location: Russia,St.Petersburg
Re: Bob and Jem and Shelley's Pivot Basket auto-trader
Armen,Armen wrote:Hello Harry, in 10.2 we have MA 5 shift 1. That MA is supposed to do the job if I correctly got your message. Actually this is what Bob suggested.harry45 wrote:I have some ideas about this EA.When( for long) Slope is above "buy level", all Pivots are in alignment and price is above DP-EA takes trade.The main problem is exit.I suppose if we have some sort of MA ...
Even in basket case we can employ MA 5 as an exit. I mean every single pair in the basket can be closed based on PA position against MA 5.
You are right about 5x1 LWMA and it application in 10.2,but if we mean EA- PA crosses 5x1MA very often(depends on TF) that is why we should use- may be 10x1,20x1 or others, as trader likes(especially if you a long term trader).But the point is-MA should be an option in EA(especially in Baluda EA).Slope doesnt permit to have reliable exit. EA (without MA) can take trade at the falling Slope and great DD becomes a reality.
Regards
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Armen
Re: Bob and Jem and Shelley's Pivot Basket auto-trader
OK Harry. Now I got your point.
Thanks.
Thanks.
- Mike
- Trader
- Posts: 272
- Joined: Sun Dec 11, 2011 12:30 pm
- Location: Italy
Re: Bob and Jem and Shelley's Pivot Basket auto-trader
1j with loaded history and loop true/false and 0 or 9999 on TP/SL/JL-Options on single and basket trades opens and closes trades faster than I can follow within seconds.
I am only an enduser and only the idea to have to find the error would drive e crazy. You get all my admiration, respect and thanks.
I am only an enduser and only the idea to have to find the error would drive e crazy. You get all my admiration, respect and thanks.
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harry45
- Trader
- Posts: 158
- Joined: Fri Nov 18, 2011 11:36 am
- Location: Russia,St.Petersburg
Re: Bob and Jem and Shelley's Pivot Basket auto-trader
I have no trades with v1j up to now OOTB.Mike wrote:1j with loaded history and loop true/false and 0 or 9999 on TP/SL/JL-Options on single and basket trades opens and closes trades faster than I can follow within seconds.
I am only an enduser and only the idea to have to find the error would drive e crazy. You get all my admiration, respect and thanks.
Install fresh Empty4.
Regads
- Mike
- Trader
- Posts: 272
- Joined: Sun Dec 11, 2011 12:30 pm
- Location: Italy
Re: Bob and Jem and Shelley's Pivot Basket auto-trader
Set "OnlyAddToOpenBasket" = false and it will start tradingharry45 wrote: I have no trades with v1j up to now OOTB.
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harry45
- Trader
- Posts: 158
- Joined: Fri Nov 18, 2011 11:36 am
- Location: Russia,St.Petersburg
Re: Bob and Jem and Shelley's Pivot Basket auto-trader
Thanks,Mike. I took your advise but EA is looking for trade conditions(suppose so).Mike wrote:Set "OnlyAddToOpenBasket" = false and it will start tradingharry45 wrote: I have no trades with v1j up to now OOTB.
What is your broker and how many pairs are available? Mine-Cowboy Go Markets-25 pairs.
Regards