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Holy Graily Bob and his Ma, in a Hedge
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=4619		 Page 1 of 4
Author:  SteveHopwood [ Sat Feb 20, 2016 5:39 pm ]
Post subject:  Holy Graily Bob and his Ma, in a Hedge
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.
    • Bob's HGI indicator.
    • Moving averages

MAKE SURE YOU READ THIS POST http://www.stevehopwoodforex.com/phpBB3 ... 41#p111241 There was a Forex bloodbath on Jan 15th 2015 that you need to know about.

"Holy Graily Bob" is an attempted automation of trading with Bob's Holy Grail Indicator. "Holy Graily Bob and his Ma" adds the moving averages filter offered by tnavi at http://www.stevehopwoodforex.com/phpBB3 ... 29#p134929

Download Bob's zipfile from http://www.stevehopwoodforex.com/phpBB3 ... 45#p105045. You need a version of HGI in your Indicators Folder - extract it from the zipfile. Remember to change HGB's HGI_Name input to the name of the version you are using, or he will be excessively rude to you.

"Holy Graily Bob and his Ma, in a Hedge" is HGB'nG combined with "Holy Graily Bob and his Ma", so:
  • there are no Main and Multi trades.
  • the initial trade is taken in the direction indicated by tnavi's moving averages.
  • the grid of trades is sent as we are used to through HGB'nG, so we have both the trading strategies.
There is no need for all the MA's in tnavi's template. The bot uses the fastest and slowest of the quick and the slow MA's - you can vary these if you wish, by scrolling through the inputs to the MA section.

Are you a confused newbie? Don't clutter this thread with requests for basic information - I will delete them. Ask instead at http://www.stevehopwoodforex.com/phpBB3 ... 91#p105691 where friendly souls will help you out.

Have fun folks.

:xm:

EDIT ON 19TH MARCH 2016
I have subsumed the original EA here into HGBnG. Please read this post for details: http://www.stevehopwoodforex.com/phpBB3 ... 50#p137350 I shall develop this version no further, as it is redundant.

You will see in the post that this version was not working properly, so you need the updated version in the HGBnG thread.

The attached set file has defaults designed for trading the bot as I described earlier.


Manual intervention
To those of you with the occasional firing brain cell who are not too stupid and lazy to take any notice of anything I write: congratulations on reading this bit. You are in a minority. Read this post:
http://www.stevehopwoodforex.com/phpBB3 ... 77#p119077 You will not be sorry that you did so.


HGI and so-called 'repainting'
Members new to all this have difficulty grasping the implications of this deceptively simple fact: The Holy Grail Indicator works in the here and now:
  • what happened on the previous candle is irrelevant.
  • what happened 5 minutes ago is irrelevant.
  • what happened on the previous tick is irrelevant.
The only thing that matters is what HGI is showing now. There is a problem with this and here it is: the indicator generates a signal (how is briefly described in the User Guide) which generates a trade. The conditions that generated the trade can change but the signal does not leave the chart until you refresh it by changing time frames or restarting the platform. Thus it looks as though the indi is 'repainting'.

It is not. When loaded, it cannot print a signal for trading conditions that do not exist. The fact that they existed 5 minutes ago is irrelevant; the indi works in the here and now and cannot know that they existed 5 minutes ago? 'Historic' signals are on the chart because the conditions that created them were still in place at the candle close; there is no way of telling how early in the development of that candle those conditions first came into being.

Got it? Tough if not because I do not care. What I do care about is being dragged here to read yet another whinge about 'repainting' by a dimwit too thick to understand the basic concept of 'here and now'. I shall delete posts about it - along with the writer if I am in a bad mood. Sorry to sound harsh, but I am doing some 'heading off at the pass' here.

HGB makes shed-loads of pips, then gives them right back
HGB is absolutely brilliant when the markets move in his favour. Those multi-trades rack up the pips.

Thing is, those large moves are always followed by a pull-back. Strongly rising markets start to fall; strongly falling markets start to rise. These 'corrections' can last for some time before the overall trend resumes its move.

HGI is total rubbish at spotting when the change has started and will continue to generate signals in the direction of the trend. HGB will take these signals and enter trades in the teeth of the howling gale of the retrace. We give all our pips straight back.

It is absolutely essential that users learn to close down positions that are massively in your favour - then stop trading for the week. People make 1000, 1500, 2000 pips in a day, adding anything up to about 20% to their account balance. Believe me guys and nonguys - I have gone whole years without making that number of pips.

Emblazon this upon your hearts and souls folks: take your profits; close your positions; turn off Experts on your platform; sit on your hands and do not trade again that week.

Whether bringing his Ma to the party will make any difference to this is something we shall have to see.

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 -

-
Author:  trader689 [ Sun Feb 21, 2016 1:01 pm ]
Post subject:  Holy Graily Bob and his Ma, in a Hedge
thanks for coding this Steve. the original HGB n his MA is great, and this looks inspired

:clap:
Author:  andrepixel [ Tue Feb 23, 2016 3:31 am ]
Post subject:  Holy Graily Bob and his Ma, in a Hedge
You combined, two of the best EA available? Grid and MA, i think it will be Great :good:
Author:  SteveHopwood [ Thu Feb 25, 2016 10:21 am ]
Post subject:  Holy Graily Bob and his Ma, in a Hedge
I was wondering why HGB and His Ma has traded up a storm this week, whilst this version here did bugger all until he leaped into life on UJ a few minutes ago.

I rarely display the Comments pane on my platform, so I had a look at Ma's and saw that most of the Main trades are RAD trades, which I had not included in his Ma in a Hedge version. I have added RAD trading to this one.

V 1a ins post 1.


:xm:
Author:  Peepaws [ Thu Feb 25, 2016 12:46 pm ]
Post subject:  Holy Graily Bob and his Ma, in a Hedge
Thanks Steve!
Author:  SteveHopwood [ Tue Mar 01, 2016 10:21 am ]
Post subject:  Holy Graily Bob and his Ma, in a Hedge
V 1b is in post 1.

I have not interfered with this bot, so he has quietly accumulated 556 pips. I noticed that he did not appear to be sending the opposite direction hedge stop orders.

I looked at this a few minutes ago. He is sending the stops, but they are being deleted at the next tick. There is a function called LookForTradeClosure() which examines each trade and closes/deletes it if the conditions are correct to do so.

So, using a buy signal as an example, HGB would obediently send the grid of trades. At the next tick he would cycle through the trades, find that there were sell stops open in the teeth of the HGI buy signal, and equally obediently delete them.

As I often remark, well brunged up bots, my lot. Just a tad on the thick side.

I have solved this in 1b by canceling the call to LookForTradeClosure(). Note that this also means that Slope based closures cannot happen.

Those of you who can, make your own edit by commenting out the whole block of code starting at line 3147. Use /* to start the comment out block and */ to end it:

Code: Select all

         /*
         TradeWasClosed = LookForTradeClosure(OrderTicket() );
         if (TradeWasClosed) 
         {
            if (type == OP_BUY) BuyOpen = false;//Will be reset if subsequent trades are buys that are not closed
            if (type == OP_SELL) SellOpen = false;//Will be reset if subsequent trades are sells that are not closed
            cc++;
            continue;
         }//if (TradeWasClosed)
         */
The block colour will turn grey when it is commented out.

:xm:
Author:  milanese [ Tue Mar 01, 2016 11:13 am ]
Post subject:  Holy Graily Bob and his Ma, in a Hedge
SteveHopwood » Tue Mar 01, 2016 10:21 am wrote:V 1b is in post 1.

..

Code: Select all

         /*
         TradeWasClosed = LookForTradeClosure(OrderTicket() );
         if (TradeWasClosed) 
         {
            if (type == OP_BUY) BuyOpen = false;//Will be reset if subsequent trades are buys that are not closed
            if (type == OP_SELL) SellOpen = false;//Will be reset if subsequent trades are sells that are not closed
            cc++;
            continue;
         }//if (TradeWasClosed)
         */
The block colour will turn grey when it is commented out.

:xm:
I modified the board mql code higlighter that it does now the same if parts are outcommented...

Cheers :)

Tommaso
Author:  SteveHopwood [ Tue Mar 01, 2016 11:32 am ]
Post subject:  Holy Graily Bob and his Ma, in a Hedge
Brilliant. Thanks. :clap: :clap: :clap: :clap:

:lol:
Author:  SteveHopwood [ Wed Mar 02, 2016 11:31 am ]
Post subject:  Holy Graily Bob and his Ma, in a Hedge
V 1c is in post 1. I have added position and semafor displays to the chart.

:xm:
Author:  SteveHopwood [ Wed Mar 02, 2016 6:53 pm ]
Post subject:  Holy Graily Bob and his Ma, in a Hedge
V 1d is in post 1. I have added the same CloseOnlyInPositivePips input here that I have just posted about in the HGB'nG thread.

:xm:
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