EA to help FAPTurbo long results

xchaparro · #1 12-21-2008, 12:31 AM

I am working on creating a EA to help with the stop loss on the long strategy. I am looking people to test it and improve it. I am getting better results than the default settings on the fapturbo on all my backtests.
I am using these settings

FapTurbo_Lots=0.00000000
FapTurbo_LotsRiskReductor=2.00000000
FapTurbo_MaxOrders=2
FapTurbo_MaxLots=10
FapTurbo_StopTime=9
FapTurbo_aaa=35
FapTurbo_bbb=48
FapTurbo_TakeProfit=20.00000000
FapTurbo_StopLoss=600.00000000
FapTurbo_TrailingStop=0.00000000
FapTurbo_DurationInHours=0
FapTurbo_CloseAfterXmonths=0
FapTurbo_PeriodMALarge=100
FapTurbo_PeriodMASmall=30
FapTurbo_PriceMA_0_6=0
FapTurbo_TypeMA_0_3=0
FapTurbo_ShiftMALarge=3
FapTurbo_ShiftMASmall=1
FapTurbo_LookForDays=2
FapTurbo_CriticalDays=0
FapTurbo_RelaxDays=0
FapTurbo_HedgingLotReducer=0.00000000
FapTurbo_Hedging=0
FapTurbo_TradeNFP=1
FapTurbo_TradeFriday=1
FapTurbo_Prudent=0
FapTurbo_SymAlligatorOnCritica=1
FapTurbo_FixedDirection=1
FapTurbo_ClsLsrOnMrktChnge=0
FapTurbo_AlwaysTrade=0
FapTurbo_LowLot=0.10000000
FapTurbo_TooGoodToBeTrue=50
FapTurbo_PrudentPeriod=30
FapTurbo_StartWorkTimeHour=0
FapTurbo_StartWorkTimeMin=0
FapTurbo_EndWorkTimeHour=0
FapTurbo_EndWorkTimeMin=0
FapTurbo_OneTrade=0
FapTurbo_SpanGator=0.50000000
FapTurbo_SlipPage=3

Safeguard Settings
FapTurbo_TakeProfit = 20;
FapTurbo_StopLoss=600.0;
InitialStop=300.0;
Margin=150.0;
Factor=2;
Trailstop=100;

InitialStop is the level where the EA open the opposite trade.
Margin is the stop loss of the opposite trade and break even level
Factor is the multiplier of the lot size for the opposite trade.

The way it work when the trade reach the value InitialStop - Margin reset SL and TP.
When reaches InitialStop open a trade in the opposite direction with SL = Margin and TP = SL of the initial trade
If the trade reverse is closed by the SL
If the trade reach InitialStop + Margin move the SL to break even.
If the first opposite trade was closed by SL and the initial move back to the negative, the second opposite trade will open at InitialStop + margin avoiding possible up and down aroung the InitialStop. After the trade is close by stop loss the hedging one continues with trailing stop.

I fixed some bugs. here is the updated file.

limitup · #2 12-21-2008, 03:23 PM

Quote:

Originally Posted by xchaparro

I am working on creating a EA to help with the stop loss on the long strategy. I am looking people to test it and improve it. I am getting better results than the default settings on the fapturbo no all my backtests.
I am using these settings

FapTurbo_Lots=0.00000000
FapTurbo_LotsRiskReductor=1.00000000
FapTurbo_MaxOrders=3
FapTurbo_MaxLots=10
FapTurbo_StopTime=9
FapTurbo_aaa=35
FapTurbo_bbb=48
FapTurbo_TakeProfit=20.00000000
FapTurbo_StopLoss=600.00000000
FapTurbo_TrailingStop=0.00000000
FapTurbo_DurationInHours=0
FapTurbo_CloseAfterXmonths=0
FapTurbo_PeriodMALarge=100
FapTurbo_PeriodMASmall=30
FapTurbo_PriceMA_0_6=0
FapTurbo_TypeMA_0_3=0
FapTurbo_ShiftMALarge=3
FapTurbo_ShiftMASmall=1
FapTurbo_LookForDays=2
FapTurbo_CriticalDays=45
FapTurbo_RelaxDays=0
FapTurbo_HedgingLotReducer=0.00000000
FapTurbo_Hedging=0
FapTurbo_TradeNFP=1
FapTurbo_TradeFriday=1
FapTurbo_Prudent=0
FapTurbo_SymAlligatorOnCritica=1
FapTurbo_FixedDirection=1
FapTurbo_ClsLsrOnMrktChnge=0
FapTurbo_AlwaysTrade=0
FapTurbo_LowLot=0.10000000
FapTurbo_TooGoodToBeTrue=50
FapTurbo_PrudentPeriod=30
FapTurbo_StartWorkTimeHour=0
FapTurbo_StartWorkTimeMin=0
FapTurbo_EndWorkTimeHour=0
FapTurbo_EndWorkTimeMin=0
FapTurbo_OneTrade=0
FapTurbo_SpanGator=0.50000000
FapTurbo_SlipPage=3

A signal bridge to a currenex or ECN account from a demo would be more helpful

^eagle^ · #3 12-21-2008, 10:16 PM

Quote:

Originally Posted by xchaparro

I am working on creating a EA to help with the stop loss on the long strategy. I am looking people to test it and improve it. I am getting better results than the default settings on the fapturbo no all my backtests.
I am using these settings

FapTurbo_Lots=0.00000000
FapTurbo_LotsRiskReductor=1.00000000
FapTurbo_MaxOrders=3
FapTurbo_MaxLots=10
FapTurbo_StopTime=9
FapTurbo_aaa=35
FapTurbo_bbb=48
FapTurbo_TakeProfit=20.00000000
FapTurbo_StopLoss=600.00000000
FapTurbo_TrailingStop=0.00000000
FapTurbo_DurationInHours=0
FapTurbo_CloseAfterXmonths=0
FapTurbo_PeriodMALarge=100
FapTurbo_PeriodMASmall=30
FapTurbo_PriceMA_0_6=0
FapTurbo_TypeMA_0_3=0
FapTurbo_ShiftMALarge=3
FapTurbo_ShiftMASmall=1
FapTurbo_LookForDays=2
FapTurbo_CriticalDays=45
FapTurbo_RelaxDays=0
FapTurbo_HedgingLotReducer=0.00000000
FapTurbo_Hedging=0
FapTurbo_TradeNFP=1
FapTurbo_TradeFriday=1
FapTurbo_Prudent=0
FapTurbo_SymAlligatorOnCritica=1
FapTurbo_FixedDirection=1
FapTurbo_ClsLsrOnMrktChnge=0
FapTurbo_AlwaysTrade=0
FapTurbo_LowLot=0.10000000
FapTurbo_TooGoodToBeTrue=50
FapTurbo_PrudentPeriod=30
FapTurbo_StartWorkTimeHour=0
FapTurbo_StartWorkTimeMin=0
FapTurbo_EndWorkTimeHour=0
FapTurbo_EndWorkTimeMin=0
FapTurbo_OneTrade=0
FapTurbo_SpanGator=0.50000000
FapTurbo_SlipPage=3

So you would add this EA to the same chart as fapturbo and it would adjust Stop loss? That is bring it up based on price movement once it was well into profit?

xchaparro · #4 12-22-2008, 12:29 PM

so far create a opposite trade when reaches a specific value. I would like to include some indicator like MA to make it smarter

JasonSTX · #5 12-24-2008, 11:45 AM

you run this EA on a EURUSD M1 chart and FAPT Long Term on a separate EURUSD M1 chart.

It will open an opposite trade when you hit -100, this hedges your loss so you will no lose as much on a -500 stop loss.

http://www.fapturbo.com/forum/viewto...54d8f6cfccce5e

fapturbo forum post on this for more information. I think it is a great idea.

Quote:

Originally Posted by limitup

A signal bridge to a currenex or ECN account from a demo would be more helpful

Oh, Here is a quick bridge that I wrote for exporting all open orders to an XML file.

Code:

//+------------------------------------------------------------------+
//|                                                   RSS Export.mq4 |
//|                                                         jasonstx |
//|                                                                  |
//+------------------------------------------------------------------+
#property copyright "jasonstx"
#property link      ""

//+------------------------------------------------------------------+
//| script program start function                                    |
//+------------------------------------------------------------------+
string YourRSSTitle="RSS Exporter";
string YourDesc="Script to export open and closed orders to an XML file.  Will be placed in the files directory.";
string filename="test.xml";
int start()
  {
  while (IsConnected())
  {
     WriteXMLFile(GetOpenedData(),GetClosedData());
     Sleep(5000);
  }
  
  
  
   return(0);
  }
 
 string GetOpenedData()
 {
 string ret="";
 for(int i=0;i<OrdersTotal();i++)
   {
    if (OrderSelect(i,SELECT_BY_POS,MODE_TRADES)==false) break;
      int YourTicket1=OrderTicket();
      datetime YourDateTimeOpened1=OrderOpenTime();
      string YourOrderType1=OrderType();
      double YourLotSize1=OrderLots();    
      double YourPrice1=OrderOpenPrice();
      string YourPair1=OrderSymbol();
      ret=ret+CreateOpenOrdersXML(YourTicket1,YourOrderType1,YourDateTimeOpened1,YourPair1,YourLotSize1,YourPrice1,YourOrderType1);
   }
   return (ret);
 }
 string GetClosedData()
 {
 string ret="";
 for(int x=0;x<OrdersHistoryTotal();x++)
   {
    if (OrderSelect(x,SELECT_BY_POS,MODE_HISTORY)==false) break;
      int YourTicket2=OrderTicket();
      datetime YourDateTimeOpened2=OrderOpenTime();
      datetime YourDateTimeClosed2=OrderCloseTime();
      string YourOrderType2=OrderType();
      double YourLotSize2=OrderLots();    
      double YourPrice2=OrderOpenPrice();
      double YourProfit2=OrderProfit();
      string YourPair2=OrderSymbol();
      ret=ret+CreateClosedOrdersXML(YourTicket2,YourOrderType2,YourDateTimeOpened2,YourDateTimeClosed2,YourPair2,YourLotSize2,YourPrice2,YourProfit2, YourOrderType2);
   }
   return (ret);
 }
 
 
 
 
 void WriteXMLFile(string openeddata, string closeddata)
 {
   string start = GetXMLOpen();
   string end = GetXMLClose();
   int handlerss=FileOpen(filename, FILE_WRITE, ';');               
   
   if(handlerss>0)                                                 
    {
    FileWrite(handlerss,start+"<openorders>"+openeddata+"</openorders>"+"<closedorders>"+closeddata+"</closedorders>"+end);
    FileClose(handlerss);
    } else {
      MessageBox("ERROR WRITING RSS FILE","ERROR",0);
     }
 }
  
   
 string CreateOpenOrdersXML(int YourTicket, string YourOrderType, datetime YourDateTimeOpened,string YourPair, double YourLotSize, double YourPrice,string YourOrderType)
 {
   string ret = "";
   ret=
   "<item>"+
   "<description>Open Order</description>"+
   "<ticket>"+YourTicket+"</ticket>"+
   "<datetime>"+YourDateTimeOpened+"</datetime>"+
   "<pair>"+YourPair+"</pair>"+
   "<lotsize>"+YourLotSize+"</lotsize>"+
   "<type>"+YourOrderType+"</type>"+
   "<price>"+YourPrice+"</price>"+
   "<ordertype>"+YourOrderType+"</ordertype>"+
   "</item>";
   return (ret);
 
 }
 
 string CreateClosedOrdersXML(int YourTicket,string YourOrderType, datetime YourDateTimeOpened,datetime YourDateTimeClosed,string YourPair, double YourLotSize, double YourPrice, double YourProfit, string YourOrderType)
 {
   string ret = "";
   ret=
   "<item>"+
   "<description>Closed Order</description>"+
   "<ticket>"+YourTicket+"</ticket>"+
   "<datetime>"+YourDateTimeOpened+"</datetime>"+
   "<datetimeclosed>"+YourDateTimeClosed+"</datetimeclosed>"+
   "<pair>"+YourPair+"</pair>"+
   "<lotsize>"+YourLotSize+"</lotsize>"+
   "<type>"+YourOrderType+"</type>"+
   "<price>"+YourPrice+"</price>"+
   "<ordertype>"+YourOrderType+"</ordertype>"+
   "<profit>"+YourProfit+"</profit>"+
   "</item>";
   return (ret);
 
 }
 
 string GetXMLOpen()
 {
   string ret = "<?xml version=\"1.0\"?><rss version=\"0.91\">"+
   "<channel>"+
   "<title>"+YourRSSTitle+"</title>"+
   "<description>"+YourDesc+"</description>";

   return (ret);
 }
 
 string GetXMLClose()
 {
   string ret = "</channel></rss>";
   
   return (ret);
 } 
  
  
  
//+------------------------------------------------------------------+

Its a script, not an EA, so you can drag it onto any open chart, it doesn't matter which. It will update the file every 5 seconds.

Someone can use this to write another script to import the orders into any other trading platform they want.

ardor · #6 12-25-2008, 04:16 AM

xchaparro

What, if anything, would we need to change for SafeGuard to work with Zanwonton's EA

ardor

xchaparro · #7 12-26-2008, 03:14 PM

Quote:

Originally Posted by ardor

xchaparro

What, if anything, would we need to change for SafeGuard to work with Zanwonton's EA

ardor

You can use it with any EA, just put it in a different chart. This is a variable stop loss that modify the stop loss setting on the order to minimize the losses.

ardor · #8 12-27-2008, 07:59 PM

Quote:

Originally Posted by xchaparro

You can use it with any EA, just put it in a different chart. This is a variable stop loss that modify the stop loss setting on the order to minimize the losses.

Aha !!! Thanks for the info. I'll give it a go.

ardor

xchaparro · #9 12-30-2008, 12:07 PM

Quote:

Originally Posted by Miksa

sorry, i don't get it. why would one need "an EA to help fapturbo long results"?

what is the benefit of opening an opposite trade / hedge comparing to just setting SL = 100 to automatically close "a trade when you hit -100"?

If you configure SL 100 you will lose a lot of money because about 30 % of the trades go over 100 pip but only 10 % go further. The idea is create a opposite trade at -300 pip with SL -600 if the trade reverse should brake even. If the trade stop at -600 you only lose 300 pips. I did the math and the % of trades decrease by almost half every 100 pips

Ganglion · #10 01-04-2009, 10:01 AM

I have a small question. How were you able to backtest this hedging EA? Is it possible to backtest two EAs at the same time?