kricka
06 Aug 2013, 02:42

Right on! cAlgoFx,

takes a long time and dedication for trading, to develop a robot, that maybe will stand the test of time. However algorithms fails at times and changes need to be made during this process, especially in live trading and after the real life testing has been done to validate the script . It should not discouarage futher development to make the algorithm perform better. It might be even an advantage to face some draw backs in the early stages, so improvements can be made to the code.

kricka
06 Aug 2013, 02:01

Hi Researcher,

Thanks for contributing your analyze chart. Looking forward to export some backtesting for analyze. Good work!

kricka
06 Aug 2013, 00:14

Hi,

don't think its possible on android directly as there is no android app available for cTrader or cAlgo. Proberly Spotware team is working and testing out apps for Android as it is becoming a major OS in tablets and cellphones. One can use 3-party software for android like Teamviewer and link it to your stationära PC or VPS. If its fast enough for serious trading is questionable though. Maybe worth a try http://www.teamviewer.com/sv/download/mobile.aspx .

kricka
05 Aug 2013, 16:53

I agree it would be nice if spotware could give us the exact calculation used in the stop loss. I think the 2 pips is just to ensure its above break even but more info is needed so we know the rules of the stop loss and how it differs with different currency pairs.

kricka
04 Aug 2013, 22:06

Hi,

cMulti is the way to go. There is a big community of traders interested in mirrow trading. Its an outlet for developers too, to get subscribers for their algorithms. A win win situation for everybody.

Nice that its coming soon.

kricka
02 Aug 2013, 23:11

Hi hichem,

nice curve and good profit so far, hopefully the drawdown will stay stable. Win / loss ratio is very consistent by looking trhough the trades. A real account is a big plus.

What kind of risk & money management protection do you have outside the stop loss and target per single positions?

kricka
02 Aug 2013, 21:45

Hi,

you can select move to break-even or traling stop loss, not both at the same time. Break-even is with commision included and based on net profit.

Wish they had a check box to enable a default setting instead of the need to click 3 times to have the protection in place.

kricka
31 Jul 2013, 11:33

Hi,

thanks for the Connection Quality indicator. Its a very important feature and the bar-indicator as well. No need to ping the server anymore. :)

kricka
30 Jul 2013, 23:31

Hi,

it's a very nice feature though I was hoping the Spotware team had made it a default choice under "Order Execution Settings". The market is as we all know fast moving and in some cases there is not time enough to change the traling manually. There is also the risk of making errors changing this with every positions. A deafult setting of the trailing is needed but this is defenitely in the right direction.

kricka
28 Jul 2013, 05:59

Hi Nego,

you are saying that it is possible to stop other robots from a main robot when it stops. How do you exactly write such a code in the main robot and in the other robot/s you would like to stop at the same time?

According to the Spotware team it is not possible to accomplish this.

Thanks if you can help me with this.

kricka
27 Jul 2013, 02:35

Thanks breakermind,

going to try the code out some more, did not get it work the first try but I'll see after some more testing.

kricka
26 Jul 2013, 12:10

Hi damon153058,

to stop other robots running from another robot is not possible within the cAlgo platform. There is a 3th-party software that can handle this. Robotlink by Scyware. Google it and you will get more info on it.

The other question you have is more towards risk & money management of your trading account. There is many different way to handle this depending on how your basic robot is coded. The best way to learn is to study the cAlgo API reference and read and test your coding with the many samples provided. A lot of very good samples brings up the subject of money management and how to protect your self against drawdowns.

kricka
26 Jul 2013, 10:56

Hi,

The first question, is in my opinion, a very important one. Do not place any positions without a stop loss in place. It can actually blow up your account, if there is a technical error or if something goes totally against your position, or if the robot placing orders, goes haywire. A stop loss is on the brokerage server and protect you even if you have a power outage or if your pc computer is malfunction for some reason. That is why so many traders use a VPS in case of such a scenario. Anyways, always have a stop loss in place in the robot's algorithm, placing the initial order.

Your question is how to I get  that kind of a protection?

1. Have a stop loss in place in every position you make.

2. Have an account equity protection, in case the stop loss do not get triggered.

How to accomplish this is to write a code in the robot placing the orders so it will protect the trading account, if the account equity reach a certain amount in loss, it will close all open positions.

kricka
24 Jul 2013, 17:45

RE:

It prints automatically to the log. The Log is located at the bottom of the platorm with the Positions, Orders, History and then the Log tab.

kricka
24 Jul 2013, 08:44

Mickjugger,

thanks for your very good instruction, works perfectly for linking Tradersway to myfxbook.

kricka
24 Jul 2013, 08:09

Hi panupat,

what you can do is to print it to the log.

Within an if statement it could look like this.

if (  Account.Equity >= variable  )

 Print("Your own text {0}", Account.Equity );

This will print the account equity standing if the if statement. is true, to the log.

There is another way, by checking the info on screen by using ChartObjects.DrawText

ChartObjects.DrawText("Your own text", "Your own text"  Account.Equity, StaticPosition.TopRight, Colors.Red );

After the testing is done, one can remove the "Print" and "ChartObjects.DrawText" from the code. Its a fast way to get to know if the coding is done right.

There is alot of info on both the Print and the ChartObjects.DrawText in the reference API section.

kricka
20 Jul 2013, 06:21

Hi,

a stop loss is a stop loss and a position should be stopped out regardless if the position is out of range or within the range. Slippage we can take as long we know that we are protected on the downside. This is very important for the developer team of Spotware to pay attention to, so the traders are assured that the protection is valid. Tecnical errors in a worst case scenario should not have any bearing as long tho stop loss order is in place. After all, the stop loss was placed to protect the trade, even if it was triggered out f range the platform have to aknowledge that the position needs to be closed. On the other hand tecnical errors can happen and to be assured that our positions is protected whatever happens, other security messurment needs to be firmly in place. I'm refering to having protection outside the robot placing the orders, an external robot dedicated to guard the trading account and keep an eye on all opened poitions made by manual trading or made by other robots.

kricka
19 Jul 2013, 19:41

The same goes for Tradersway. Cannot log in either.

kricka
18 Jul 2013, 23:09

Mocean, your experience with the stop loss not being filled is nothing new, this can happen and the soloution is to have protection beyond the initial trade. A position without stop loss can even blow up an account if the trade goes against you as it did in your case. Hopefully you got out of it not losing too much. My suggestion is to have an account equity protection in your robot in case the stop loss don't get filled. This will protect you even in a bad case scenario like the one you experienced.

kricka
18 Jul 2013, 22:42

Hi,

If I understand it right 2 pips stop loss in a news enviroment is a risky trade. The chance of not being filled is very big because of the fast moving market. My question is, was the technical error at the precise time the market tried to fill your stop loss, the reason it was out of range, or did the technical error delayed you stop loss being filled until it was out of range.