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Forex Autopilot Settings and Back-Testing New threads posted to this board should include a log of back-testing results as well as the settings used to arrive at them.

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  #21  
Old 02-24-2010, 08:08 PM
Earl Earl is offline
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any questions..I'm going to post the programs as well...I just put up the code so I would be able to show you were to adjust
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  #22  
Old 02-24-2010, 08:12 PM
Sooner Sooner is offline
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Quote:
Originally Posted by Earl View Post
this one takes 2 opposite orders 10 pip out using a stop

all the stops expire in 25 mins

I can tell you how to modify them to suit your needs
I like the orders idea as they are either filled or not, and you don't have to depend on filling at the time of the move.... on the TP level in the last one you posted is that the gap between the open price and the order price? If so I need to move that to 100 for a 5 digit broker.
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  #23  
Old 02-24-2010, 08:14 PM
Earl Earl is offline
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yup..test it out on demo...please
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  #24  
Old 02-24-2010, 08:18 PM
Sooner Sooner is offline
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Quote:
Originally Posted by Earl View Post
yup..test it out on demo...please
Demo? I am taking it live right now AND blaming you if I don't make 2300% in the next 4 hours!

Thanks for the info man, I will keep you posted on how it does or if any other ideas strike me. I know everyone does not like hedging but I have found with FAPS that the trades in DD allow me no margin manual trades which supplement the balance while in DD. Up 6% for the month right now from a myriad of methods, would be more if I was not live testing Fusion which is about BE at this point.

Sticking with the order based one, I LOVE the idea of expiring the orders after 25 minutes, that is pure genius.
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Last edited by Sooner; 02-24-2010 at 08:21 PM.
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  #25  
Old 02-24-2010, 08:28 PM
Earl Earl is offline
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I run all 3 programs and the e-trailing..so four in total

we all know the FAPS will hit around 97% of it's positions

example

sell is taken 1.3612...

1 sell stop will open 1.3608

and two buys stops will open at 1.3622

scenarios

the price goes down you profit on the sells and the buys stops dissappear

the price goes up... hits your two buystops power hedging

it goes down and up without taking profit...all hedged up no worries

it could let all stops expire and do nothing

so many things to watch for..
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  #26  
Old 02-24-2010, 08:32 PM
Earl Earl is offline
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Quote:
Originally Posted by Sooner View Post
Demo? I am taking it live right now AND blaming you if I don't make 2300% in the next 4 hours!

Thanks for the info man, I will keep you posted on how it does or if any other ideas strike me. I know everyone does not like hedging but I have found with FAPS that the trades in DD allow me no margin manual trades which supplement the balance while in DD. Up 6% for the month right now from a myriad of methods, would be more if I was not live testing Fusion which is about BE at this point.

Sticking with the order based one, I LOVE the idea of expiring the orders after 25 minutes, that is pure genius.
it does get confusing...but it about making some extra money...not getting rich...


I think you should should use the fib lines to know where to set the FAPS hedger program

usually the number is around 50 pips...

I'll try and post a diagram of how to draw fib lines
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  #27  
Old 02-24-2010, 08:38 PM
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Ok so I didn't lie, I have it running live, BUT I have manual confiramations on which I don't intend to approve until it has shown me that I didn't bork up the code even though it compiled. Mainly I don't want to watch my live accounts and a demo on my laptop right now. I will set it up on my two demo's I have running at work in the morning.
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Last edited by Sooner; 02-24-2010 at 08:40 PM.
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  #28  
Old 02-24-2010, 08:42 PM
Earl Earl is offline
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I have it live as well...it works..but I don't want to be the cause of someone blowing their account...

FAPS works best with 2 orders.....
you can get great pips if you use the e-traing to grab all the other orders...sometimes you'll just break evven...but when it hits it hits..

Last edited by Earl; 03-01-2010 at 08:54 PM.
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  #29  
Old 02-24-2010, 09:05 PM
Earl Earl is offline
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I did a small fib line drawing....
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File Type: jpg feb23.jpg (17.5 KB, 19 views)
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  #30  
Old 02-24-2010, 09:08 PM
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Hmm even though I set it for lots of 0.01 it wants to open 0.1 which is to rich for me right now. Any ideas?

Nevermind, I found it in the code, it is hard coded instead of using the variable.
ticket=OrderSend(Symbol(),OP_SELLSTOP,0.01,Bid-8*point,0,0,0,"FAPS Pending 2011",16384,expiration,Red);
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Last edited by Sooner; 02-24-2010 at 09:14 PM.
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