SERIOUS WARNING
- Most Forex traders lose all their money.
- Using the robot posted here in trading Forex does not guarantee success.
- Trading this robot could lead to serious financial loss.
- Trading this robot without understanding its underlying trading strategies guarantees traders will lose their money.
- This is not a set-and-forget ea; there is no such thing and anyone who tries to claim there is, is either stupid or lying. This ea requires frequent manual intervention.
- At best, a trading robot is only 90% as good as the manual strategy it trades. At best. At worst, it can be much less effective. If the strategy is rubbish, so is the robot.
- To trade this robot, you have to understand:
- How to use EA's. Remember to set IsGlobalPrimeOrECNCriminal to 'true' if your crim insists on two-stage order sending.
- Bob And Shelley Again at http://www.stevehopwoodforex.com/phpBB3 ... f=5&t=2759
RxCape sent me this pm on Friday:
Here is the pic that RxCape sent to illustrate the entries: So, the only difference between this EA and BASA is this: The Main Entry is based on the envelope; everything else is as expected in BASA. If any of you have been living on Mars recently, visit http://www.stevehopwoodforex.com/phpBB3 ... f=5&t=2759 and download the User Guide for details.RxCape wrote:Steve:
I have been testing BASA and at the same time examining a couple of different entry criteria. In particular I have been visually testing the idea of entering on the first open and close, in the trend direction, outside an envelope surrounding the 240 MA trend line. This is slightly different than Shelley's entry criteria. In my visual inspection, this gives pretty good entries. This is really a Momentum / Breakout entry tacked onto Shelley's idea. I have shared this idea with Shelley and indicated that I would continue to inspect it.
Specifically: I have set up the 240 moving average with an envelope based upon a 100 period ATR. A picture is attached. In the attached indicator, the ATR period and ATR multiplier are variable.
I have been using an indicator on my charts to visually represent the envelope. I have attached it here.
I realize it is possible to create this slightly different BASA, but do you have an interest in doing so?
I have attached the indi that RxCape sent me to display the envelope. DBASA will work without it - the code to calculate the envelope bands is within the bot.
Take the bot for a spin and see how it goes.
Shell user guide
This describes the usual inputs in my EA's. Consult it for details not listed above.
Matters of general interest
Go here to download and run the script that will fill your platform's missing chart history: http://www.stevehopwoodforex.com/phpBB3 ... f=15&t=254
Read this post:
http://www.stevehopwoodforex.com/phpBB3 ... p?f=6&t=78 Newbie traders, read this for inspiration and warning. Those of you who have suffered losses, read it for inspiration.
Masterly summary of hedging: http://www.forexfactory.com/showthread. ... ost4977179
EA coding
I receive may requests to code EA's. Traders, if I code your EA for free, then I will share it here. If you want me to code your EA without sharing, then my fee is $100 payable into my paypal account. I explain why at http://www.stevehopwoodforex.com/phpBB3 ... ?f=15&t=79, at the bottom of the post.
Useful utilities/EA's/scripts
- MaryJane has posted a fabulous utility to allow us to resize EA input windows: http://www.forexfactory.com/showthread.php?t=299017
- Multi purpose trade manager: http://www.stevehopwoodforex.com/phpBB3 ... ?f=21&t=64
- Account equity analyser: http://www.forexfactory.com/showthread. ... ost4709098, which includes a template for both USD and the Euro.
- Past-trades display indi by squalou; shows a graphical display of the success/failure of trades in your History tab. Breathtaking piece of work. http://www.forexfactory.com/showthread. ... ost3830610
- My shell EA – the code I use to produce EA's so quickly. http://www.stevehopwoodforex.com/phpBB3 ... ?f=15&t=79