Suggestion 1H GBPJPY BOT

[Giorgio007]

EA reduces on opposite signal whatever value you put in the main settings but it also has a SL and if you scroll all the way down you can also set an absolute SL. If the DD seems high either lower the position size or limit the amount of max open orders (more than likely this option) to something more manageable. The bot isn't gonna win every trade nor is it gonna have a perfect entry every trade

Which TP do you recommend using? The EA generates a positive float these days, but it does not end up closing the orders, because the TP is very far away.
Which TP and SL do you recommend? I think that a closer TP, keeping the SL away, could solve the closure of all the positive float. What do you think? I would like your opinion, thank you

 

[Giorgio007]

EA reduces on opposite signal whatever value you put in the main settings but it also has a SL and if you scroll all the way down you can also set an absolute SL. If the DD seems high either lower the position size or limit the amount of max open orders (more than likely this option) to something more manageable. The bot isn't gonna win every trade nor is it gonna have a perfect entry every trade

In the photo that I attach you are all the cooperatives currently open, it has been positive for 2 days, but it does not finish closing, the DD increases positively.

 

[flash0009]

Instant entry with market price and higher lots will kill the profit but like flashtrade1 they are saying higher profit is possible.

 

[Cofferic]

Hi Colin
Please can you add time filter (Start Time-End Time) to GBPJPY EA?

 

[Colin_]

Hi Cori, where is the limit of maximum open trades? I do not see it

*FACEPALM* You're trolling me now right? C'mon guys i even posted a picture explaining the parameters


Lemme fully explain the parameters again since some people can't seem to understand English....
#1 HOW MUCH IT ORIGINALLY OPENS THE TRADE FORE
#2 THE MAXIMUM AMOUNT IN LOT SIZE FOR POSITION
#3 THE AMOUNT TO ADD TO TRADE ON SAME SIGNAL
#4 THE AMOUNT TO REDUCE WHEN OPPOSITE SIGNAL (USUALLY DOESN'T REDUCE UNLESS SAID TRADES ARE PROFITING BUT HAVE SEEN IT CLOSE OUT SOME LOSING TRADES)


HUH? Instant entry with market price will kill profits? No, going on bad losing streaks, over leveraging, not having a proper set SL/TP, Flat out running a shit bot are things that will kill your profits. Listen guys, it's not gonna have a flawless entry or 100% winning trades all the time. There is always going to be some percent of draw down on any trading account. You know you can always set a reasonable trailing stop, or download the tick data and run the backtest yourself in visual mode to get a feel for how it trades. OR optimize each parameter one by one (which will take until the second coming of Christ) trying to find the best combination but remember guys just because it happened in the past doesn't mean it'll happen again in the future. Just don't over due it with MAXIMUM POSITION AMOUNT! for your account balance and you should be fine, yeah it's gonna lose some trades occasionally.

I'm still working on the code to fully predict the future with 100% accuracy but it's quite a way from being done

 

[Colin_]

Hi Colin
Please can you add time filter (Start Time-End Time) to GBPJPY EA?

I'm far too busy to do this, best i can do is send you the source code and you can add it yourself

And as for whoever was saying it's taking trades against the trend, just because it's an automated trading system doesn't mean you throw all your own discretion out the window. Put a 200 EMA on your chart if the price is above set the bot to "ONLY LONG" and if the price is below set to "ONLY SHORT". BOOM, Problem Solved

 

[Giorgio007]

*FACEPALM* You're trolling me now right? C'mon guys i even posted a picture explaining the parameters
View attachment 120651

Lemme fully explain the parameters again since some people can't seem to understand English....
#1 HOW MUCH IT ORIGINALLY OPENS THE TRADE FORE
#2 THE MAXIMUM AMOUNT IN LOT SIZE FOR POSITION
#3 THE AMOUNT TO ADD TO TRADE ON SAME SIGNAL
#4 THE AMOUNT TO REDUCE WHEN OPPOSITE SIGNAL (USUALLY DOESN'T REDUCE UNLESS SAID TRADES ARE PROFITING BUT HAVE SEEN IT CLOSE OUT SOME LOSING TRADES)


HUH? Instant entry with market price will kill profits? No, going on bad losing streaks, over leveraging, not having a proper set SL/TP, Flat out running a shit bot are things that will kill your profits. Listen guys, it's not gonna have a flawless entry or 100% winning trades all the time. There is always going to be some percent of draw down on any trading account. You know you can always set a reasonable trailing stop, or download the tick data and run the backtest yourself in visual mode to get a feel for how it trades. OR optimize each parameter one by one (which will take until the second coming of Christ) trying to find the best combination but remember guys just because it happened in the past doesn't mean it'll happen again in the future. Just don't over due it with MAXIMUM POSITION AMOUNT! for your account balance and you should be fine, yeah it's gonna lose some trades occasionally.

I'm still working on the code to fully predict the future with 100% accuracy but it's quite a way from being done

Hi Cori,

I don't know who is FACEPALM *

Excuse me, I had not understood before.
Now everything ok with your explanation and graph, thank you very much,

I would also like to be able to add a filter (Start Time-End Time) to GBPJPY EA and some other filter. If you can share the code I would be grateful, thanks again Cori.

 

['''Timmy]

Next week, SPX and market will go down, JPY pairs will go down.

 

['''Timmy]

Next week, GBPJPY has a good chance drop to 133 - 132.70, this is a bearish wave. Currently just bounce to the bearish wave 2, expect drop to 133 on wave 3.

I'm far too busy to do this, best i can do is send you the source code and you can add it yourself

And as for whoever was saying it's taking trades against the trend, just because it's an automated trading system doesn't mean you throw all your own discretion out the window. Put a 200 EMA on your chart if the price is above set the bot to "ONLY LONG" and if the price is below set to "ONLY SHORT". BOOM, Problem Solved

I'm far too busy to do this, best i can do is send you the source code and you can add it yourself

And as for whoever was saying it's taking trades against the trend, just because it's an automated trading system doesn't mean you throw all your own discretion out the window. Put a 200 EMA on your chart if the price is above set the bot to "ONLY LONG" and if the price is below set to "ONLY SHORT". BOOM, Problem Solved

 

[Colin_]

Hi Cori,

I don't know who is FACEPALM *

Excuse me, I had not understood before.
Now everything ok with your explanation and graph, thank you very much,

I would also like to be able to add a filter (Start Time-End Time) to GBPJPY EA and some other filter. If you can share the code I would be grateful, thanks again Cori.

Facepalm is the action of me putting my hand in front of my face in disgust. I guess you didn't see the picture in the previous pages of posts, it's ok I guess. i explained it more than a few times . But when you think about it or read.... it's kinda self explanatory "Max Position Amount" What else could it possibly be?
Are you misspelling my name on purpose?

 

[Giorgio007]

Facepalm is the action of me putting my hand in front of my face in disgust. I guess you didn't see the picture in the previous pages of posts, it's ok I guess. i explained it more than a few times . But when you think about it or read.... it's kinda self explanatory "Max Position Amount" What else could it possibly be?
Are you misspelling my name on purpose?

What's wrong Colin? Can't I get confused when writing to understand? Why are you on the offensive?

 

[Giorgio007]

Facepalm is the action of me putting my hand in front of my face in disgust. I guess you didn't see the picture in the previous pages of posts, it's ok I guess. i explained it more than a few times . But when you think about it or read.... it's kinda self explanatory "Max Position Amount" What else could it possibly be?
Are you misspelling my name on purpose?

The other day, I left you a message and you didn't respond. I haven't bothered, I understand that you're busy. I am not looking for conflicts with you, I am here to test your EA, improve help and contribute.

I did not understand the previous image well, perhaps it was a lapsu, I do not think it is serious. Excuse me again !! okay Colin?

 

[abdiep]

here my setting, Thank for EA

 

[abdiep]

This is my review for this thread:
alus pisan

 

[John Peterson]

It'll turn arou

and but all signs point to more bullish trends. These trades were profitable at one point yesterday now all my trades are in the negative and the draw down gives me a bit of anxiety

here's a clip of me back testing the newest EA I'm working on, the entry is nearly flawless and hardly ever takes bad trades

This new EA looks great ! Are you planning on releasing it to the forum? I would love to try it out on one of my demo vps accounts. Thanks

 

[Colin_]

here my setting, Thank for EA

I STRONGLY advise against those settings. What's the TP set to? 400? you realize that's only 40 pips right?
The thing is the bot's exit strategy is more based on opposite signals and not TP... The key is to find a good amount to reduce based on what your original lot size is, how much you're adding, how much total you're allowed open. Lowering the TP to such levels completely cuts your legs from underneath you and is not good. If you're not comfortable with the bot holding onto trades sometimes for as long as a month (in profit) before cashing in bigtime then this isn't the bot for you

 

[Colin_]

What's wrong Colin? Can't I get confused when writing to understand? Why are you on the offensive?

Sorry I've been back testing the 2 bots for a total of over 80 hours this week, it tends to leave me quite edgy

This new EA looks great ! Are you planning on releasing it to the forum? I would love to try it out on one of my demo vps accounts. Thanks

I plan on selling it actually, but not for some outrageous price like a lot of bots out there. I feel 50 USD is an extremely fair price

 

[smith123]

What is tested robo as I have still not understand but seen performance on forexrobotrading and looking impressive.

 

[Giorgio007]

Sorry I've been back testing the 2 bots for a total of over 80 hours this week, it tends to leave me quite edgy



I plan on selling it actually, but not for some outrageous price like a lot of bots out there. I feel 50 USD is an extremely fair price

Good morning Colin

Don't worry, I understand you perfectly brother, it is hard and exhausting work to try again and again.

Every effort has a reward, this EA is promising, I am very surprised by its low DD.

If you need help or something I can do for you, let me know and I will help you, here I am.

Colin I am interested in buying your EA, I think it is fair to value your effort and good work. Please tell me how can I buy your EA?

What you need just tell me.

Have a nice day

 

[maxmani]

What a great community we have here!
Many thanks to all