OK Harry. Now I got your point.
Thanks.
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| Bob and Jem and Shelley's Pivot Basket auto-trader https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=658 |
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| Author: | garyfritz [ Tue Jul 17, 2012 11:15 am ] |
| Post subject: | 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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| Author: | Armen [ Tue Jul 17, 2012 11:27 am ] |
| Post subject: | 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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| Author: | harry45 [ Tue Jul 17, 2012 12:59 pm ] |
| Post subject: | 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 |
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| Author: | Armen [ Tue Jul 17, 2012 1:48 pm ] |
| Post subject: | 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. 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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| Author: | harry45 [ Tue Jul 17, 2012 2:37 pm ] |
| Post subject: | Re: Bob and Jem and Shelley's Pivot Basket auto-trader |
Armen, 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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| Author: | Armen [ Tue Jul 17, 2012 3:10 pm ] |
| Post subject: | Re: Bob and Jem and Shelley's Pivot Basket auto-trader |
OK Harry. Now I got your point. Thanks. |
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| Author: | Mike [ Tue Jul 17, 2012 5:08 pm ] |
| Post subject: | 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. |
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| Author: | harry45 [ Tue Jul 17, 2012 6:24 pm ] |
| Post subject: | Re: Bob and Jem and Shelley's Pivot Basket auto-trader |
I have no trades with v1j up to now OOTB. Install fresh Empty4. Regads |
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| Author: | Mike [ Tue Jul 17, 2012 8:01 pm ] |
| Post subject: | Re: Bob and Jem and Shelley's Pivot Basket auto-trader |
Set "OnlyAddToOpenBasket" = false and it will start trading |
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| Author: | harry45 [ Tue Jul 17, 2012 8:53 pm ] |
| Post subject: | 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). What is your broker and how many pairs are available? Mine-Cowboy Go Markets-25 pairs. Regards |
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