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Holy Graily Bob's Candle Power
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Author:  SteveHopwood [ Sun Sep 10, 2017 10:25 am ]
Post subject:  Holy Graily Bob's Candle Power
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:
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.




Everything you need to know about this EA is in the user guide.

Attached is a setfile that marx64 is using successfully - explanation at http://www.stevehopwoodforex.com/phpBB3 ... 71#p158071

Remember that the hgi_lib.ex4 that the user guide tells you to download is time-limited and will expire from time to time. Read this post for some more information: http://www.stevehopwoodforex.com/phpBB3 ... 50#p158691


:xm:

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 -

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Author:  thomasmore [ Mon Sep 11, 2017 8:49 am ]
Post subject:  Holy Graily Bob's Candle Power
Hi Steve,
Launched this morning on M5, EURUSD,GBPJPY and EURNZD.
It places BuyStop ans SellStop as it should.
Do I understand it correctly that as soon as either of the pending orders is filled, the other should be cancelled ? Or, the unfilled order sits there until a new set of BS/SS is placed?
Best regards,
Thomasmore
Author:  SteveHopwood [ Mon Sep 11, 2017 10:54 am ]
Post subject:  Holy Graily Bob's Candle Power
thomasmore » Mon Sep 11, 2017 8:49 am wrote:Hi Steve,
Launched this morning on M5, EURUSD,GBPJPY and EURNZD.
It places BuyStop ans SellStop as it should.
Do I understand it correctly that as soon as either of the pending orders is filled, the other should be cancelled ? Or, the unfilled order sits there until a new set of BS/SS is placed?
Best regards,
Thomasmore
Unfilled stop orders sit there until they are replaced at the open of the next candle.

:xm:
Author:  Wavegarrick [ Mon Sep 11, 2017 1:56 pm ]
Post subject:  Holy Graily Bob's Candle Power
A nice piece of work :good: ,

Thanks Steve, I am encouraged by the first days results.

Cheers
Leon
Author:  SteveHopwood [ Mon Sep 11, 2017 8:03 pm ]
Post subject:  Holy Graily Bob's Candle Power
Mine closed its fourth M5 GJ $10 hedged basket of the day a while ago. This is fun.

You guys might want to set MinMinutesBetweenTradeOpenClose to zero. A stop order can fill when the market is moving quickly in a favourable direction, then a basket can close less than a minute after the order filled, generating a 'possible rogue trade' and causing the bot to hang up its hat. This happened to me twice today.

:xm:
Author:  szfxtrader [ Mon Sep 11, 2017 10:31 pm ]
Post subject:  Holy Graily Bob's Candle Power
SteveHopwood » Mon Sep 11, 2017 8:03 pm wrote:Mine closed its fourth M5 GJ $10 hedged basket of the day a while ago. This is fun.

You guys might want to set MinMinutesBetweenTradeOpenClose to zero. A stop order can fill when the market is moving quickly in a favourable direction, then a basket can close less than a minute after the order filled, generating a 'possible rogue trade' and causing the bot to hang up its hat. This happened to me twice today.

:xm:
Thank you very much for sharing it. Could you please let me know if your 0.1 lot size is worth a dollar or ten cents per pip? Thank you in advance for your reply!
Author:  SteveHopwood [ Mon Sep 11, 2017 11:04 pm ]
Post subject:  Holy Graily Bob's Candle Power
szfxtrader » Mon Sep 11, 2017 10:31 pm wrote:
Thank you very much for sharing it. Could you please let me know if your 0.1 lot size is worth a dollar or ten cents per pip? Thank you in advance for your reply!
No idea. Don't care. Perhaps Jeremy can tell you. I trade what is safe on my account.

Guys, everything I post regarding lot sizes reflects either what I am trading live or what I am trading on demo with GP. I neither know nor care what happens when trading with the criminals. Nor do I know nor care whether a pip is worth a dollar, a cent, a pound, a punt or the national currency of a tiny but yet to be discovered nation on an asteroid in the Kuiper belt.

I know that you cannot all be Global Prime clients and my heart bleeds for you. Anybody who can be a GP client but is not yet; you are an idiot.

:xm:
Author:  szfxtrader [ Mon Sep 11, 2017 11:10 pm ]
Post subject:  Holy Graily Bob's Candle Power
SteveHopwood » Mon Sep 11, 2017 11:04 pm wrote: No idea. Don't care. Perhaps Jeremy can tell you. I trade what is safe on my account.

Guys, everything I post regarding lot sizes reflects either what I am trading live or what I am trading on demo with GP. I neither know nor care what happens when trading with the criminals. Nor do I know nor care whether a pip is worth a dollar, a cent, a pound, a punt or the national currency of a tiny but yet to be discovered nation on an asteroid in the Kuiper belt.

I know that you cannot all be Global Prime clients and my heart bleeds for you. Anybody who can be a GP client but is not yet; you are an idiot.

:xm:
:smile:
Author:  szfxtrader [ Tue Sep 12, 2017 8:25 am ]
Post subject:  Holy Graily Bob's Candle Power
Good morning Steve,

What do you think about a minimum candle size check before the open of the pending orders?

Example: if the high - low of the last candle is < 10 pips then the EA will not send the pending orders
Author:  SteveHopwood [ Tue Sep 12, 2017 8:45 am ]
Post subject:  Holy Graily Bob's Candle Power
szfxtrader » Tue Sep 12, 2017 8:25 am wrote:Good morning Steve,

What do you think about a minimum candle size check before the open of the pending orders?

Example: if the high - low of the last candle is < 10 pips then the EA will not send the pending orders
Don't need it.

:xm:
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