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Phoenix is here!

  • #741
  • Sep 28, 2006 2:22pm Sep 28, 2006 2:22pm
Performance 28th September

7 am to 7 pm GMT

Closed positions:

GBP/JPY long +42

Open positions:

None
Regards
  • #742
  • Sep 28, 2006 4:38pm Sep 28, 2006 4:38pm
Hi Hendrick and All,

Have started live (DEMO) trial. Will observe using Hendrick defaults, and then tweak as you have suggested, Hendrick.

Will keep you posted.

Thanks for including me in "the loop."

Kind regards,

Grahame
  • #743
  • Sep 29, 2006 12:25am Sep 29, 2006 12:25am
Hello Hendrick and all of you, who follow this thread!

Here are my latest statements for three accounts at different brokers. The results are so different as the brokers are.

I used the default settings and also changed them as Hendrick suggested in the previous posts.

Kind regards
mamba22
Attached File(s)
File Type: zip Phoenix.zip   22 KB | 347 downloads
  • #744
  • Sep 29, 2006 12:43am Sep 29, 2006 12:43am
Quoting A1Cruiser
I started the test this morning (Sep 27) at 8 o'clock GMT on three Japanese pairs:
USDJPY, EURJPY and GBPJPY.

The broker is Velocity4x, account opening balance USD 5000, leverage: 100.
I use the default settings on M15 timeframe. MM: true, risk: 0.02

There are two trades so far:
09:15 sell 0.10 lot USDJPY @ 117.15 currently -25.54
10:30 sell 0.10 lot EURJPY @ 148.97 currently -22.13
Current position:
09:15 sell 0.10 lot USDJPY @ 117.15 currently -61.93 - still open
10:30 sell 0.10 lot EURJPY @ 148.97 - stopped out Sep 28 23:42 @ 149.81 -71.23
  • #745
  • Sep 29, 2006 1:25am Sep 29, 2006 1:25am
Open trades Phoenix 4.2 at 8:30 (GMT+2)
Attached Image
  • #746
  • Sep 29, 2006 2:04am Sep 29, 2006 2:04am
Quoting A1Cruiser
I started the test this morning (Sep 27) at 8 o'clock GMT on three Japanese pairs:
USDJPY, EURJPY and GBPJPY.

The broker is Velocity4x, account opening balance USD 5000, leverage: 100.
I use the default settings on M15 timeframe. MM: true, risk: 0.02

There are two trades so far:
09:15 sell 0.10 lot USDJPY @ 117.15 currently -25.54
10:30 sell 0.10 lot EURJPY @ 148.97 currently -22.13
Current position:
09:15 sell 0.10 lot USDJPY @ 117.15 - stopped out Sep 29 06:49 @ 117.99 -71.19
10:30 sell 0.10 lot EURJPY @ 148.97 - stopped out Sep 28 23:42 @ 149.81 -71.23

There is no position currently open.
  • #747
  • Sep 29, 2006 8:36am Sep 29, 2006 8:36am
Quoting A1Cruiser
Current position:
09:15 sell 0.10 lot USDJPY @ 117.15 - stopped out Sep 29 06:49 @ 117.99 -71.19
10:30 sell 0.10 lot EURJPY @ 148.97 - stopped out Sep 28 23:42 @ 149.81 -71.23

There is no position currently open.
Hi A1Cruiser,
I had the exact same position on EURJPY so when I noticed it getting close to the stoploss I upped to 150.0 and it seems the price is going down now. I am waiting to see what happens next. Just my 2 cents.....
  • #748
  • Sep 29, 2006 12:37pm Sep 29, 2006 12:37pm
Hello Hendrick,

I'd like to thank you for the copy of P4. It's already installed in my PC and i'd like to start testing Sunday. I will share my results with everyone.

Since i am a newbie, will someone be kind enough to give me some step-by-step instructions to get the P4 started with MT4.

It's a pleasure being here. I thank you all for all the help.

Sincerely,

ypierre
  • #749
  • Sep 29, 2006 12:42pm Sep 29, 2006 12:42pm
I'm now in the middle of nowhere in France. Will be back Sunday evening.
  • #750
  • Sep 29, 2006 1:44pm Sep 29, 2006 1:44pm
Performance 29th September

7 am to 7 pm GMT

Closed positions:

GBP/JPY long +42

Open positions:

EUR/USD long +18
USD/JPY long +14
USD/CAD long -6

Performance for the week 25-29 September 06

Starting balance USD5000
Ending Balance 4730.46
Equity 4766.68
Regards
  • #751
  • Sep 29, 2006 2:44pm Sep 29, 2006 2:44pm
I am trying to test Phoenix on a mini demo account on the EURUSD and USDJPY but I am not getting any trades.

Any ideas?

I been reading and reading and dont see any idea's


Doc
  • #752
  • Sep 30, 2006 10:26pm Sep 30, 2006 10:26pm
Quoting AutoDoc
I am trying to test Phoenix on a mini demo account on the EURUSD and USDJPY but I am not getting any trades.

Any ideas?

I been reading and reading and dont see any idea's


Doc
you can just wait it ,and it will work later.
  • #753
  • Sep 30, 2006 10:37pm Sep 30, 2006 10:37pm
Hello everyone,
My first week of testing (09.24-09.29).
Starting ballance $10 000.
Current:<TABLE cellSpacing=1 cellPadding=3 border=0><TBODY><TR align=right><TD colSpan=2>Balance:</TD><TD colSpan=2>8 680.20</TD><TD colSpan=4>Equity:</TD><TD>8 803.62</TD></TR></TBODY></TABLE>
Attached File(s)
File Type: zip Phoenix.zip   8 KB | 399 downloads
  • #754
  • Oct 1, 2006 1:10am Oct 1, 2006 1:10am
Quoting amaruenterprise
Hi A1Cruiser,
I had the exact same position on EURJPY so when I noticed it getting close to the stoploss I upped to 150.0 and it seems the price is going down now. I am waiting to see what happens next. Just my 2 cents.....
Hi Amaruenterprise,

Well, it can be done. But I am on a demo with Phoenix and I think testing the Stop Loss settings is a part of the game.
On my experiences with other EAs, I personally think that bigger Stop Loss values should be used at Phoenix as well but we will see as a result of our collective experiment here.
  • #755
  • Oct 1, 2006 10:00am Oct 1, 2006 10:00am
Statement after 2 weeks forward testing Phoenix 4.2.

AUDUSD 2 trades +0 -2 (needs tweaking)
CHFJPY 4 +3 -1 (2 weeks more testing)
EURCHF 2 +2 -0 (2 weeks more testing)
EURJPY 7 +5 -2 (2 weeks more testing)
EURUSD 3 +2 -1 (needs tweaking)
GBPCHF 2 +1 -1 (2 weeks more testing)
GBPJPY 8 +7 -1 (OK)
GBPUSD 4 +3 -1 (2 weeks more testing)
USDCAD 4 +3 -1 (OK)
USDJPY 8 +7 -1 (OK)
USDCHF no trades (needs tweaking)
EURAUD no trades (needs tweaking)

I will be testing all the pairs for another 2 weeks.
Attached File(s)
File Type: zip Phoenix4_D.zip   10 KB | 486 downloads
File Type: doc PHOENIX 4.2 1-10-2006.doc   38 KB | 565 downloads
  • #756
  • Oct 1, 2006 9:11pm Oct 1, 2006 9:11pm
Hedrick,

First week statement for the new Phoenix is attached. Brief summary: Traded the JPY pairs you recommended with settings you suggested (all updated). 11 pairs opened trades: 4-USD/JPY; two losses. 5-EUR/JPY; two losses. 2-GBP/JPY; no losses. There was no float at the end of the week. My initial capital was $5112. Total loss for the week was $182.02.

Some suggestions:

It would be very helpful if you updated/revised your manual on Phoenix. I know it has evolved into something different than when you started. This would help us to understand how it works and knowing that would help us all work together to optimize it. You tell us that changing SL, TP and other parameters would throw the pairs "out of balance." We need to have a deeper understanding about your ideas and theories on Phoenix so that we can help you develop it.

As it stands now it looks like Phoenix's stop loss is too low and take profit too high. I think these need to be changed but we need to know how to keep the pairs "in balance" as you say. Thanks for all your work, by the way.

Just my two cents...

1 Trader2
Attached File(s)
File Type: doc 1st week Phoenix.doc   92 KB | 535 downloads
  • #757
  • Oct 2, 2006 1:49am Oct 2, 2006 1:49am
Quoting 1trader2
Hedrick,

First week statement for the new Phoenix is attached. Brief summary: Traded the JPY pairs you recommended with settings you suggested (all updated). 11 pairs opened trades: 4-USD/JPY; two losses. 5-EUR/JPY; two losses. 2-GBP/JPY; no losses. There was no float at the end of the week. My initial capital was $5112. Total loss for the week was $182.02.

Some suggestions:

It would be very helpful if you updated/revised your manual on Phoenix. I know it has evolved into something different than when you started. This would help us to understand how it works and knowing that would help us all work together to optimize it. You tell us that changing SL, TP and other parameters would throw the pairs "out of balance." We need to have a deeper understanding about your ideas and theories on Phoenix so that we can help you develop it.

As it stands now it looks like Phoenix's stop loss is too low and take profit too high. I think these need to be changed but we need to know how to keep the pairs "in balance" as you say. Thanks for all your work, by the way.

Just my two cents...

1 Trader2
Hi,

Thanks for your contribution. I will make the necessary changes to the manual for <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1:City w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:City> as soon as possible. Maybe I will start a new thread because <st1:City w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:City> 4.2 is so different from the previous versions. I will just wait for the results of my forward test this week. If these are ok, I will continue the development and will make a fresh start with a new thread.
  • #758
  • Oct 2, 2006 12:03pm Oct 2, 2006 12:03pm
Latest settings Phoenix 4.2

Major change AUDUSD and EURAUD
Attached File(s)
File Type: doc PHOENIX 4.2_ 2-10-2006.doc   38 KB | 606 downloads
  • #759
  • Edited Oct 4, 2006 11:19am Oct 3, 2006 12:21pm | Edited Oct 4, 2006 11:19am
I will no longer be part of this thread because there's not enough feedback. Good luck to you all and happy trading! I will continue developing Phoenix (it's still very profitable for me). Maybe I will be back in a new thread.

===============
Forget about this!
  • #760
  • Oct 3, 2006 2:00pm Oct 3, 2006 2:00pm
5th report- North Finance demo on 12 pairs. Started on Sep 24. I've been away from Friday Sep 29 until today and no trading during that time.

Balance - 10 902.36
Equity - 10 724.92
Results, graphic file and settings .doc attached.

Wackena
<!-- / message --><!-- attachments -->
Attached File(s)
File Type: zip Phoenix v4.2.zip   16 KB | 428 downloads
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