stevehopwoodforex.com
https://www.stevehopwoodforex.com/phpBB3/
Print view

Moving Day's Pet Millipede
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=5847
Page 1 of 2
Author:  SteveHopwood [ Wed Jun 03, 2020 5:27 pm ]
Post subject:  Moving Day's Pet Millipede

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.
  • 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. This sort of Black Swan event can happen at any second.

Moving Day's Pet Millipede is the brain child of Rueben, one of our newest, youngest and most talented members. OK, so his first approach to me included this, "This millipede system is derived from Pipeasy’s Equity Millipede," but Ruebon thought of applying it to Moving Day. :clap: :clap: :clap: :clap: :clap: :clap: :clap:

Details in the <thankfully short> attached User Guide.

Enjoy.

:xm: :rocket:


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:  biobier [ Thu Jun 04, 2020 6:46 am ]
Post subject:  Moving Day's Pet Millipede

Sounds really interesting. Will start a demo with the defaults!

I spotted the template name for FxTestify is not changed from the origin MD:

Code: Select all

      ChartSaveTemplate(0,StringFormat("ZZT2MTPL-%s-%s-%s-%d-%d-%d-%d","SHF","MD","MULSYM",Period(),AccountNumber(),TimeCurrent(),MagicNumber));
I suggest MDPM instead of MD.
Author:  c1borg [ Thu Jun 04, 2020 8:33 am ]
Post subject:  Moving Day's Pet Millipede

Very interesting idea love it :smile: lets see how it pans out. Is it a huge ask to put it as an option in Desky?
Author:  SteveHopwood [ Thu Jun 04, 2020 10:13 am ]
Post subject:  Moving Day's Pet Millipede

biobier » Thu Jun 04, 2020 6:46 am wrote:Sounds really interesting. Will start a demo with the defaults!

I spotted the template name for FxTestify is not changed from the origin MD:

Code: Select all

      ChartSaveTemplate(0,StringFormat("ZZT2MTPL-%s-%s-%s-%d-%d-%d-%d","SHF","MD","MULSYM",Period(),AccountNumber(),TimeCurrent(),MagicNumber));
I suggest MDPM instead of MD.
Nice spot. I am always forgetting this. Thanks. :clap: :clap: :clap: :clap: :clap:

Fixed in 1e in post 1.

:xm: :rocket:
Author:  SteveHopwood [ Thu Jun 04, 2020 10:27 am ]
Post subject:  Moving Day's Pet Millipede

c1borg » Thu Jun 04, 2020 8:33 am wrote:Very interesting idea love it :smile: lets see how it pans out. Is it a huge ask to put it as an option in Desky?
Usual input. Usual place. I do not see the relevance of your question.

:xm: :rocket:
Author:  c1borg [ Thu Jun 04, 2020 10:32 am ]
Post subject:  Moving Day's Pet Millipede

SteveHopwood » Thu Jun 04, 2020 10:27 am wrote: Usual input. Usual place. I do not see the relevance of your question.

:xm: :rocket:
I actually deleted the second part after about a minute of posting :lol: obviously didn't work. Ignore :smile:
Author:  biobier [ Thu Jun 04, 2020 2:31 pm ]
Post subject:  Moving Day's Pet Millipede

Shouldn't it be possible to achieve the same with the break even settings available in Moving Day using option "PartClosePercent" (not in documentation by the way)?
With these settings compared to the new we got in MDPM:
BreakEvenPips is TakeProfitPips (50 or better 51)
PartClosePercent is PercentageToClose (95)
BreakEvenProfit is BreakEvenProfitPipsM (50)
TakeProfitPips is LegTakeProfitPips (1000)


By this BE would close 95% at 50 pips and leave the rest running till 1000 pips.

Or do I get it wrong? I might be missing a puzzle so please bear with me.
Author:  SteveHopwood [ Thu Jun 04, 2020 3:17 pm ]
Post subject:  Moving Day's Pet Millipede

biobier » Thu Jun 04, 2020 2:31 pm wrote:Shouldn't it be possible to achieve the same with the break even settings available in Moving Day using option "PartClosePercent" (not in documentation by the way)?
With these settings compared to the new we got in MDPM:
BreakEvenPips is TakeProfitPips (50 or better 51)
PartClosePercent is PercentageToClose (95)
BreakEvenProfit is BreakEvenProfitPipsM (50)
TakeProfitPips is LegTakeProfitPips (1000)


By this BE would close 95% at 50 pips and leave the rest running till 1000 pips.

Or do I get it wrong? I might be missing a puzzle so please bear with me.
I don't know. Try it and see.

:xm: :rocket:
Author:  Wavegarrick [ Thu Jun 04, 2020 3:46 pm ]
Post subject:  Moving Day's Pet Millipede

Thanks, Steve and Rueben for setting this up for us.
I had my first trade today, The only thing I changed is the hard lot sizing from $1 to 0.50c. The rest is OOTB.

As per my picture MDPM closed the whole trade at 50 pips profit and opened another trade at 0.02c which is 5 percent of 0.50c. As per the manual, my understanding is that it should have closed 95% and let the remaining 5% run.

I looked through the settings to see if I did not overlook something and could not find anything.

Is there anything I am overlooking?

Cheers
Leon
Author:  SteveHopwood [ Thu Jun 04, 2020 5:06 pm ]
Post subject:  Moving Day's Pet Millipede

Wavegarrick » Thu Jun 04, 2020 3:46 pm wrote:Thanks, Steve and Rueben for setting this up for us.
I had my first trade today, The only thing I changed is the hard lot sizing from $1 to 0.50c. The rest is OOTB.

As per my picture MDPM closed the whole trade at 50 pips profit and opened another trade at 0.02c which is 5 percent of 0.50c. As per the manual, my understanding is that it should have closed 95% and let the remaining 5% run.

I looked through the settings to see if I did not overlook something and could not find anything.

Is there anything I am overlooking?

Cheers
Leon
What is the order comment with that 'new' trade?

:xm: :rocket:
All times are UTC Page 1 of 2