MultiBob, a multi symbol NB10.2(a) autotrader

[lucklogic]

Wow ........................ just a big thank you for all your hard work

[lucklogic]

Could someone explain what the, if activated, correlation modules within the EA are trying do ???

[spyderman]

Could someone explain what the, if activated, correlation modules within the EA are trying do ???

Helping you to avoid trading too many pairs with similar price movement. For example Eur/Usd and Gbp/Usd are typically highly correlated. Trading one position in each would effectively be trading two positions in either one. Correlation is referenced by a range of numeric value from -99 (high reverse correlation) to 99 (high positive correlation) The EA allows you to set at what point you want it to filter your trade pairs for correlation purposes.

[hopfi2k]

After running this bot for some days, I realized that the entries are mostly timed perfect. On the other hand, I see problems closing positions at the right point/time...

Since MultiBob is already a multi-pair bot, I think all open trades can be considered as a "basket". I did some modifications to monitor the basket low's and high's and implemented a percentage trailing stop based on a combined "basket" (all open trades) profit. The first thing I realized was, that trades tend to turn into losers after being winners in the beginning (see pictures attached) and that drawdowns are usually the same as earlier gains!
My basket trailing is based on Risk or Lots and aims to go for a Risk:Reward Ration of 1:1. Since the entries are usually so good (thanks to Slope I monitored frequent basket closures with nice profits. Some testing needs to be done next week, but things look quite promising already.

Looking forward for your comments.

Cheers,
Andy

Andy,

I appreciate your thoughts and have had a similar idea. Look forward to seeing how you implement this and the results.

Thanks Spyderman,

Please check your PM's

Cheers,
Andy

[wBear]

Hi Paul,
Fantastic
v1.1.8 is now ok in handling symbols with & without suffix within the same broker. Just wanted to report back after upgrading -- Thank you!

[garyfritz]

Running 10.2a, MB suddenly started spitting out error 134's ("Not enough money") on every tick. It had just finally worked its basket into positive territory. Plenty of money in the account.

It did it for about 5 minutes and then stopped.

[gaheitman]

Running 10.2a, MB suddenly started spitting out error 134's ("Not enough money") on every tick. It had just finally worked its basket into positive territory. Plenty of money in the account.

The logs should show what trade it is trying to enter... I only have a single AUDJPY trade, but I reset everything this evening and am only trading limited pairs.

George

[lvdfx888]

Thanks Paul for the new version.

Loaded v1.1.8 with 10.2a enabled, 3 trades were opened even there's no DP cross. Although it's in the right direction with profits , but too far from DP.

ac pivotshort.gif

Thanks,
Ron

[phil_trade]

Thanks Paul for the new version.

Loaded v1.1.8 with 10.2a enabled, 3 trades were opened even there's no DP cross. Although it's in the right direction with profits , but too far from DP.

ac pivotshort.gif

Thanks,
Ron

It was taken at 0.97211 2012.10.02 04:01 so +65 pips now. When did you run 10.2a ?

[lvdfx888]

Thanks Paul for the new version.

Loaded v1.1.8 with 10.2a enabled, 3 trades were opened even there's no DP cross. Although it's in the right direction with profits , but too far from DP.

ac pivotshort.gif

Thanks,
Ron

It was taken at 0.97211 2012.10.02 04:01 so +65 pips now. When did you run 10.2a ?

Hi Phil,

I run the new version after 2 (M15) candles move. AUDCHF was opened around 63 PIPS from DP with TP set at 10 PIPS from open price, and TP reached and trade is now closed.

Capture.JPG

Thanks
Ron