DislikedMargin Percent is what brokers use to determine . i will not answer any further questions that can be answered by reading the thread.Ignored
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DislikedMargin Percent is what brokers use to determine . i will not answer any further questions that can be answered by reading the thread.Ignored
DislikedHi guys
I've been trying to demo the Addsix_03bx version and I am getting no trades. I have applied the EA to a eurusd chart and its been running like that for about 4-5 days with no trades.
There is nothing in the journal with suggests any errors etc.
What am i doing wrong?
Thanks in advance.Ignored
DislikedI've abandoned all my back and forward testing of the Phantom EAs.
Although in many instances they were looking OK, there have been a number of backtests in 2009 I did for 03bx that turned bad. But my main issue is that I dont understand the logic that well and from my own perspective I prefer to work with things I can understand on a more fundamental basis.
Generally I trade news manually and for a simpleton like me, that's very understandable. However, I'm also developing a gap trading EA, early signs of which are looking good and I'm testing...Ignored
DislikedDr who,
How did you back test multiple pair EA? Guessing it wasnt on Mt4? And how much faith do you put in back testing. I always get very different results whenever I backtest anything.Ignored
DislikedFrazer, forgive me for not being up on the later versions, but is there a version that is based on Phantom_AddSix_02a and which starts closing biggest losers when margin drops to a specified level?
I think there might be one in this post: http://www.forexfactory.com/showpost.php?p=4237873
Heck, I can't even remember what the 'x factor' is! Found it...'x' means the EA only adds trades if all previous trades for the pair are winners.Ignored
DislikedJust when you think this EA is down for the count it turns around and takes profit. This basket started on Jan.4 and saw over 100 trades. DD was over 10% at one time and margin (50:1 leverage) was down to 150%. I was going to see how margin call closures would effect it but it didn't get to that point.Ignored
DislikedFrezard,
The addsix_2a, at times has bigger DD, reason it places trades without checking whether the previous trade was a winner.
The addsix_2ax has pip step and cut looser option. I do not want cut looser option but want the trades to be added if previous trade was a winner. The pip step ( 10 ) alone will satisfy this or it has inherent feature to add phantom winners only ? ThanksIgnored
DislikedAny EA that I have posted which has a "x" in the name will only open a trade if all previous trades on the pair are winners. The Pip Step option just adds a little extra by requiring the trade to be at least Pip Step pips more than the last trade on that pair. Or, that is the intent. I have not checked to see if that actually works.
So the answer is AddSix_02ax will do what you want without any of the CL, TH, PS options. You can just make all those options false and the EA will only place a new trade if all previous trades on the pair are winners....Ignored
DislikedAll of these EAs have an amazing ability to come back from what appears to be the grave.
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Is that amazing or what!?Ignored
DislikedThanks a lot frezard. Wonderful I tested all these days the addsix_2a. Like every one else here, i am happy with this EA, as i never had equity loss. The only complaint is at times, the DD runs more but never lost.
I want to test now the addsix_2ax version to decide which one to go about.
Any way thanks for the wonderful EA's.Ignored
DislikedI didn't anticipate they'd be able to do this (probably because I didn't know what the current brőker actions were when low margin levels are hit...I thought they used to close ALL trades on low margin triggers), but now we have had several graphic demonstrations of why the old trading wisdom phrase "cut the losers early and let the winners run" came to be.
It really is wisdom, not just empty words.....Ignored