First of all, this thread is a little modification from the original EA from Basket 14 EA System thread. So all the gratitude to MC and everyone who has contributed. I start a new thread because I think this EA has enough potential to merit a separate one.
If you want to understand exactly how the EA works, Basket 14 EA System reading is a must. I will not explain something that MC has done before better than anyone.
The EA is called Art Phantom for D' Artagnan because it opens real trades only for 3 pairs relevants for each session: EUR for London Session, USD for New York Session and JPY for Tokyo Session.
The 3 pairs are: EUR/JPY (Athos), USD/JPY (Porthos) and EUR/USD (Aramis), The Three Musketeers. Each 60 min for one version, 30 min for another version (Tim' s Suggestion) and each 15 min for the last version, D' Artagnan could call one of the Three Musketeers (sometimes two) in order to achieve the target (PP). Musketeers are only available once, twice or four times in an hour, depending the version.
Trades could be: Buy Athos, Sell Porthos and Sell Aramis, so if D' Artagnan call The Three Musketeers and they are all together at the same time we have "all for one, one for all", a perfect syntetic hedge. So with only 3 pairs we could reach this situation very quick if market goes against our position and DD could be under control very soon.
This EA follows a really simple strategy: it will open Real Trades only if the Phantom Trade of this pair is in profit and if all previous Real Trades of this pair are in profit.
We have 3 versions:
1.- Art Phantom Extreme: possible call at min 0, 15, 30 and 45.
2.- Art Phantom Full: possible call at min 15 and 45.
3.- Art Phantom Light: possible call at min 15.
DD would be similar in all versions but with Extreme we must reach this situation quicker, recovery must be quicker too and Profit Target would be reach with less pair movement. Obviously trades could increase too.
The Three Musketeers could use differents swords: EUR/JPY, USD/JPY, EUR/USD; or GBP/USD, EUR/GBP, EUR/USD; or GBP/JPY, EUR/GBP, EUR/JPY(Charvo' s Suggestion), or any others you want to try.
I' m not a coder, I' ve only made ( and anyone could) a very simple change: just open Metaeditor, try and check errors with Compiler. You will learn a lot if you try.
These EA' s are in their first test stage so they need more time to know exactly their performance.
About Settings: with 10.000.-$ demo account, 500:1 Leverage, MMTU = 0.4 and P.P = 1.0 seems to work splendid.
Art Phantom Full: since 18-11-2010, Gain: + 3,46%, max DD: - 6,10%, Lowest Margin: 1.482,63%, actually Floating P/L: + 18,21.-$, 8 trades open.
With this EA, a 26 pips movement is enough to reach 1% profit target, as I saw last Friday, so the potential is really high.
Enjoy it.
If you want to understand exactly how the EA works, Basket 14 EA System reading is a must. I will not explain something that MC has done before better than anyone.
The EA is called Art Phantom for D' Artagnan because it opens real trades only for 3 pairs relevants for each session: EUR for London Session, USD for New York Session and JPY for Tokyo Session.
The 3 pairs are: EUR/JPY (Athos), USD/JPY (Porthos) and EUR/USD (Aramis), The Three Musketeers. Each 60 min for one version, 30 min for another version (Tim' s Suggestion) and each 15 min for the last version, D' Artagnan could call one of the Three Musketeers (sometimes two) in order to achieve the target (PP). Musketeers are only available once, twice or four times in an hour, depending the version.
Trades could be: Buy Athos, Sell Porthos and Sell Aramis, so if D' Artagnan call The Three Musketeers and they are all together at the same time we have "all for one, one for all", a perfect syntetic hedge. So with only 3 pairs we could reach this situation very quick if market goes against our position and DD could be under control very soon.
This EA follows a really simple strategy: it will open Real Trades only if the Phantom Trade of this pair is in profit and if all previous Real Trades of this pair are in profit.
We have 3 versions:
1.- Art Phantom Extreme: possible call at min 0, 15, 30 and 45.
2.- Art Phantom Full: possible call at min 15 and 45.
3.- Art Phantom Light: possible call at min 15.
DD would be similar in all versions but with Extreme we must reach this situation quicker, recovery must be quicker too and Profit Target would be reach with less pair movement. Obviously trades could increase too.
The Three Musketeers could use differents swords: EUR/JPY, USD/JPY, EUR/USD; or GBP/USD, EUR/GBP, EUR/USD; or GBP/JPY, EUR/GBP, EUR/JPY(Charvo' s Suggestion), or any others you want to try.
I' m not a coder, I' ve only made ( and anyone could) a very simple change: just open Metaeditor, try and check errors with Compiler. You will learn a lot if you try.
These EA' s are in their first test stage so they need more time to know exactly their performance.
About Settings: with 10.000.-$ demo account, 500:1 Leverage, MMTU = 0.4 and P.P = 1.0 seems to work splendid.
Art Phantom Full: since 18-11-2010, Gain: + 3,46%, max DD: - 6,10%, Lowest Margin: 1.482,63%, actually Floating P/L: + 18,21.-$, 8 trades open.
With this EA, a 26 pips movement is enough to reach 1% profit target, as I saw last Friday, so the potential is really high.
Enjoy it.
Attached File(s)
