Home Forums General Discussion My automated filtering and trade copying system

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    • #63311
      User Avatarrichard
      Participant

      I thought I would show what I have been working on to fully automate, analyse, filter and copy trades to live account.  I have been working on this system for 12 months.  I hired a Russian programmer to help me create the system. It has been a big mission costing me a fair amount of $$$ and probably a 1000+ hours of my time testing and debugging etc….

      Some people may find it interesting, others may see it as an overkill but it works for me…..  I show it here to show what can be done if you want to go down this path and to share my findings.  I am not looking to sell the system, or certainly not at this stage anyway….

      There was a few people on the other forum that talked about doing this and also there was the MT4 Tracker that someone created that was good.  Any way I got sick of waiting and decided to create exactly what I wanted that suited my trading style.

      A lot of the inputs / settings are based on what Petko teaches here.  Basically I wanted something that would track all info from the demo, allow me to filter it in as many ways as possible and then automatically send the selected trades to a live account.

      I will add some screen shots with explanations:

      I run a tracker EA in the demo accounts which captures all the account data and sends it to a Mysql database.  The database is capable of handling 1000’s of lines of data.  I have had as many as 12000 strategies and 100’s of accounts running.

      The database holds all the data and carries out some of the equations:

       

       

       

    • #63312
      User Avatarrichard
      Participant

      Then I use a windows based app to carry out the filtering:

      I have 8 different live accounts assigned to the app.  I assign the magic numbers to the accounts.  the magic numbers are critical.  I use what Petko teaches here to create the magic number, but the middle 3 numbers are the batch number that allows me to group certain ea’s together.

      I can filter the trades from the demos with any of the filters, I can set using days and trade no. I have 3 different time / trade periods and can also select top 10,20 etc….

    • #63313

      wow !!! congrats !!! my respect for you !

    • #63314
      User Avatarrichard
      Participant

      Once I have set the filters and the strategies meet the criteria they will automatically be copied from the demo account to the Live account next time they open in the demo.  Live account shown with Copier EA running.  (I am still on demo for testing so this is a “live” demo account:

    • #63315
      User Avatarrichard
      Participant

      I have just finished adding some graphics to the APP to give me a quick snapshot of where all the accounts and strategies are up to:

      This is Petko’s EAs from his last course with a 1.2 PF over the last 4 trades filter attached:

       

    • #63316
      User Avatarrichard
      Participant

      One of the main reasons I started this is that I wanted the ability to run many side by side tests with slight variations / filters and then have an easy way to show the results…..

       

      Any way that is enough for now.

       

      I will show some future results of what I come up with if people are interested…..

    • #63323
      User AvatarIlan Vardy
      Moderator

      Hey Richard,

      This is very interesting. Please keep us informed, not only on the development, but the results of you “live” demo account.

      The question I have for you is, if you choose to change the criteria by which the system selects the EAs to move from demo to live, how easy is it to do?

      Cheers,

       

      Ilan

       

    • #63335
      User Avatarrichard
      Participant

      The settings for each of the filters can be changed instantly.  If after the change there are strats that  don’t meet the new criteria they will be removed immediately from the live account….  And any strats that now meet the new criteria will open on the live the next time they open in demo.

      I watched your course the other day and have started a few trials running that will be ready in 2 weeks.  I am thinking about the best way to automatically send the chosen strats to the live.  Either by TOP # of each pair or other ways.  Anyway all these options can be selected so that it will run on auto….

      Image of pop up box to change settings instantly attached.  This is from your course that I started a few days ago.  Took a beating overnight but still looking good.

      I like your concept of changing out weekly.  Is there a reason you don’t close down on Friday end of market and avoid potential gaps over the weekend instead of Monday morning…..

       

       

    • #63341

      Hey Richard,

      I am very happy to see when someone does something extra and useful. Usually, most traders wait and depend on the others…so good job to you!

      I am still not sure if I understand how this app works and if a database is actually needed, but I am super happy that my courses helped you out!

      Keep us updated with your work!

       

    • #63342
      User AvatarJordyTr971
      Participant

      Congrat!

      I’m doing something similar but much much less complex.

      I have 100ea on a demo account, and my Copier system copy the top 3 ea that make the most profit on to my live account

      the copier update the top 3 each seconde

      I don’t know if it will be profitable but we’ll see soon !

       

    • #63343
      User AvatarIlan Vardy
      Moderator

      Hey Richard,

       

      Yes, there were some draw downs, but overall, the portfolio is profitable for the week.

      Which broker are you using?

       

      Ilan

    • #63344
      User AvatarIlan Vardy
      Moderator

      Hey Jordy,

       

      What criteria are you using to select the top 3 EAs? Net profit only?

       

      Cheers,

      Ilan

       

    • #63348
      User AvatarJordyTr971
      Participant

      Hi Ilan,

      Yes net profit only.

      If you have some advise for me I’ll listen !

      Thank you

    • #63349
      User Avatarrichard
      Participant

      I am using Global Prime here in Australia.  They allow unlimited demo’s with no expiry which a lot of brokers don’t seem to allow.  I also have a pepperstone account but have not used that much yet, although they have higher leverage that might be useful in the future……

    • #63350

      Hey Jordy,

      Did you code the copier or you took it from somewhere?

      Cheers,

    • #63354
      User AvatarIlan Vardy
      Moderator

      Hey Jordy,

      Net profit is of course very important, but I would include a minimum count of trades too. This way, you will know the EAs are more robust. But let us know how your current system is working.

      Cheers,

      Ilan

    • #63358
      User AvatarJordyTr971
      Participant

      Actually I am waiting for minimum 5 trades on all EA’s before activating the copier .

      I’ll let you know how it work!

      Hi petko,

      I’ve hired a developer to code it for me .

    • #63359

      Great job, guys!

      And I am very happy that you are sharing your work!

      Long time it was just me sharing my EAs, strategies, courses, and now there are more people which make me feel great!

      Cheers,

    • #63362
      User Avatarrichard
      Participant

      Hey Petko, regarding the Database.  It basically does a similar job as FX Blue but automatically and Live.  It will show all of the strats in the app.  Then you use the app to filter out the ones that you want to trade.  Example:  Allow the first 4 trades to be copied to the live account but then only copy trades that have a 1.2 PF over the last week and also a net balance of $1 and a R2 above 50% over the last month, or whatever you want.  I can use any of the filters in the images above in any sequence and send only the selected ones to the live account.  Basically exactly what you do manually when you select which strats to take to the live account the system will do it all Live and Automatically….

    • #63461

      Richard,

      This is very impressive and I thank you very much for sharing.

      Samuel

    • #63464
      User Avatarrichard
      Participant

      Thought I would post some results from the last week:

      This is from Petko’s Top 30 for October.  I missed the first week of the month as I had a bug I had to sort out in the system.  So this has just the completed weeks data at this stage.

      I am running 3 side by side tests and comparing the results:

      Test 1 – No filters, so basically the demo trading and all trades included.  I like to use this as my base and then see how effective the filtering is at increasing profitability, reducing DD etc….

      Test 2 – Strict filter applied.  Do not copy the first trade.  Apply a 1.2 PF to ALL trades and also a 1.2 PF to the last 4 trades.  This means all strategies need to perform well from the beginning and continue to perform or they will be dropped.

      Test 3 – Relaxed filter applied. Allow the first 3 trades through with no filtering. Apply a 1.2 PF to the last 4 trades.  This allows the strategies to get underway for a few trades without being removed too early and the 1.2 PF to the last 4 trades ensures that they are then performing reasonable well.  Strategies that get off to a poor start but then improve and meet the 1.2PF for the last 4 trades criteria will then be selected

       

       

       

       

    • #63465
      User Avatarrichard
      Participant

      Test 1:

      Sideways, which is good for the demo results.

       

    • #63466
      User Avatarrichard
      Participant

      Test 2:

      Was heading in the wrong direction and the market was very favourable in the fast session.  I am not reading to much into the gains at this stage as it was just one good session.  See what happens next week.

       

    • #63467
      User Avatarrichard
      Participant

      Test 3:

      This is more what I am looking for….  Nice consistent gains.  Another thing I am just starting to focus on is how well a Test handles things when the market moves against your positions.  You can see in the demo that that big drop midweek was handled well by test 3 with a loss only about half the size of the demo.  This is exactly what I am hoping to see….

      You can see test 3 is now only running 20 of the 30 strategies that the demo is running.  So 10 have been filtered out as not performing at this stage.  Test 2 the stricter filtering has even less.

      So for me finding the right filtering balance is very important.  What I have learnt over the last few months is that light filtering works better then heavy filtering.  If I try to remove too many strategies with strict criteria I don’t get as good results….

      Light filtering appears to give the strategies enough room to prove themselves without getting taken out too early…

      Any way these are just my ideas so please don’t take them as anything more than that….and test and prove your own systems….

       

       

    • #63468
      User Avatarrichard
      Participant

      This is the result from the first week of IIan’s Weekly Robots Course. (I’m hoping it is OK to post these results…..  Let me know if not……)

      There is no filtering applied to these strats as they are already filtered for the week before installed.  So they are simply left to run for the week as is.  I definitely like this approach and have started running some demo’s looking to set up a similar system myself…..

      But as you can see, a very successful week……

       

    • #63470
      User AvatarIlan Vardy
      Moderator

      Hey Richard,

      Great! How often do you filter, and move the EAs from demo to “live”?

       

      Ilan

    • #63471
      User Avatarrichard
      Participant

      On Petko’s top 30 above it is set to live. The tick in the tick box next to the account number means that the filter is applied automatically and is live.  So as trades close in the demo, the filter fields on the app are updated instantly.  If those closed trades mean the strategy now meets the filter criteria that I set, then that magic number will be sent to the live account and held there.  The next time the strategy opens / closes on the demo it will be auto copied to the live.  Same as if a recently closed trade puts the strategy below the filter criteria the magic number will be removed from the live account.  This way everything happens automatically and in real time…

      I can also momentarily check the tick box and then untick it. This will send the filtered magic numbers to the live  account but because it is then unticked the magic numbers will stay the same and not update as described above.  This is what I am thinking I will do with my new demos when they have run for 2 weeks to emulate what you are doing.  So i will set weekly and monthly to 1.4 PF, min of 3 trades and each week send the filtered magic numbers to the live.  This will update the Live account.  If any of the strats are the same it should just keep those running, remove any that no longer meet the criteria and then start opening in sync with the demo.  The only issue I see with this is any strats that are already running on demo won’t start straight away on the live.  I will have to wait for the next time they open on demo before they are copied to live.  Anyway I will run some side by side tests with my system automatically running and manually placing them as you currently do and see what the results are…..  Hope that makes sense……

    • #63472
      User Avatarrichard
      Participant

      So this is how I would set up to trade what you do.

      Minimum 3 trades.  So you can see only strats with more than 3 trades are displayed.  Then 20 days and 5 days set to 1.4PF,  My system only reads trading days so this is 4 weeks and 1 week.

      As you can see these strats were only started a few days ago so not ready yet but the system will automatically capture the last 5 days and 20 days and calculate the PF etc.  Those that meet the criteria will stay displayed.

      So that i send an even number of strats from each of the 4 currency pairs being traded I have also selected that only the top 3 of each currency are to be sent to live.  (See pop up box) You can see this by the green boxes next to the strats.  Again if a recently closed demo trade is better then 1 of the green strats then it will push it out of its spot and replace it……

       

    • #63765
      User AvatarEddie
      Participant

      Hi Richard

      You’ve pot a hell of a lot of work into this project.

      I really, really hope it works out well for you.

      Keep up the gret work!

      Best Regards

      Eddie

      PS Thanks for sharing.

    • #76940
      User Avatarriuzk
      Participant

      Hey Richard,

      Awesome project you have ongoing.

       

      Any update on regarding the progress? Have you been trying to testing this out with an live account?

       

      Thanks.

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