He released it on the "secret" forum. Didn't you get the memo?

scooby-doo BOJ JPY pairs trading robot

Identifying the "other factors that may be influencing the price" is the constant challenge facing all of us.

scooby-doo BOJ JPY pairs trading robot

"Flawless" is a strong word. Are you saying the BOJ intervention trading principle, when applied correctly, is perfect? So, where is the robot deficient? What parts of the BOJ intervention trading principle can you trade manually that a robot can't?

scooby-doo BOJ JPY pairs trading robot

Nicely done, Invisible! Check the trend calculation as it appears the M15 MAs are missing.

scooby-doo BOJ JPY pairs trading robot

OK, that's what you said previously...I thought the ADR reference might have been erroneous. Thanks...continued success with your EA.

scooby-doo BOJ JPY pairs trading robot

Are you really using the ADR (Average Daily Range) for the SL? That would certainly give it lots of room - about 200 (or so) pips on GBPJPY. Is R:R still 1:1?

scooby-doo BOJ JPY pairs trading robot

If a news filter is not condusive to higher profitability of a trading strategy, then there certainly is no reason to use it. So many of the strategies presented here have had such bad Risk:Reward ratios (2:1, 3:1, and higher), they had to strive ...

scooby-doo BOJ JPY pairs trading robot

I'm not sure about #3. Are there specific examples of incorrect impact for news events? If we can find a pattern of incorrect information, we can probably implement a fix for this issue. There are solutions for #4. For example, when the XML file is ...

scooby-doo BOJ JPY pairs trading robot

Invisible, I'll reply to your PM in a little bit. I attached the current status of your original EA on my FxPro demo account for comparison.

scooby-doo BOJ JPY pairs trading robot

I believe charvo added the necessary code. During my backtesting of your modified version of scooby's EA (yes, backtesting can be done), the day that really stood out to be was Feb 3rd/4th. Depending on your news filter settings, the drawdown on the ...

scooby-doo BOJ JPY pairs trading robot

Don't know, I did not write it. There is a function for the news check, but it is never called. charvo noticed this when he added his news modification as he added code to actually call the news filter function.

scooby-doo BOJ JPY pairs trading robot

The Scooby-Invisibles-Mod.mq4 EA does not use the news filter.

scooby-doo BOJ JPY pairs trading robot

All pairs are worthy to trade under the right conditions. In the EA I've been working on (similiar to what Scooby and Steve are doing), I mostly use the JPY and USD pairs. Occasionally, some others like GBPCHF, EURGBP. It depends on the spread and ...

scooby-doo BOJ JPY pairs trading robot

If you do this, you may want to re-visit the criteria for entering trades. For example, the combination of low RSI period (3) and a tight ranging pair (EURCHF) can lead to an almost infinitely bad risk:reward ratio on some of your entries. Earlier ...

scooby-doo BOJ JPY pairs trading robot

Well, it is running fine on my FxPro demo.

scooby-doo BOJ JPY pairs trading robot

Given the fact that many are using your EA without issue, the most probable explanation is user error.

scooby-doo BOJ JPY pairs trading robot

Steve - Does it make sense to move this ADR mumbo-jumbo to its own thread?

scooby-doo BOJ JPY pairs trading robot

My live broker has 23 of the 28 majors pairs. I use a formula (based upon many factors including ADR, pair price, and spread) to rank the pairs from most-desirable-to-trade to least-desirable-to-trade. Not surprising, GBPJPY, EURJPY, AUDJPY, and ...

scooby-doo BOJ JPY pairs trading robot

Use arrays

scooby-doo BOJ JPY pairs trading robot

You're making it too difficult. The calcMACD_BB function I provided should be copied as is to the EA - there is no need to change it. See attached file for example implementation (I did not test this).

scooby-doo BOJ JPY pairs trading robot