Phoenix 2007 (new thread) | Page 3 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Phoenix Forex Manager trading journal 25 replies

Phoenix Foundation 1 reply

Can someone fix the Phoenix EA? 0 replies

Automated Trading Championship 2007: New Challenge! 33 replies

Phoenix is here! 848 replies

Attachments: Phoenix 2007 (new thread)
Exit Attachments

Phoenix 2007 (new thread)

  • #41
  • Oct 8, 2006 10:46pm Oct 8, 2006 10:46pm
i hope your EA places really well in the championship.

that Russian in 1st place is cruising.

I should log in very five minutes and steal his signals for a live account...
  • #42
  • Oct 8, 2006 10:55pm Oct 8, 2006 10:55pm
Hedrick,

Thanks for carrying on with Phoenix in the new thread and for the new manual & updated settings for 4.2. I added 4 new pairs to my demo account for a total of 7 that you recommended, all with the new settings in your initial post of this new thread. I will start forward testing these tonight EST in the US. I will try to update the list daily if possible and no less than weekly.

Congratulations on your present position in 2nd place in the contest. I'm proud to know you. I've never known anyone from the Netherlands. By the way, you write and I assume speak, excellent English.

I am, however, still curious about how Phoenix "works." I'm a novice in programming but I'm assuming from what I can gather that the premise is based on an envelope similar to Firebird (but greatly sophisticated). I know that you are "teasing" us and will gradually reveal more details about the basis of Phoenix as it evolves...however, a little more factual info (as well as the philosophy of Phoenix and optimization of EA's you've offered) would help us to help you in its development.

I want you to know that we all appreciate your great work...and don't forget to give your wife the time she deserves...it will actually make you more productive in the end and make for a happier household and life.

Mike Johnson
aka 1Trader2
  • #43
  • Oct 9, 2006 12:11am Oct 9, 2006 12:11am
Going to start a demo FXDD $10k tonight.

FB 1a US/Jap M5
FB 1.0C1 Aud/US M5
US/CHF Phoenix M15
US/Cad Phoenix M15
CHF/Jap Phoenix M15
GBP/Jap Phoenix M15
Euro/Jap Phoenix M15
and another pair (undecided) FB H4 TS MM M5

anyone know if the EuroX2 EA works???
i'd like to add a good Euro/US EA and a GBP/US EA.
  • #44
  • Oct 9, 2006 1:13am Oct 9, 2006 1:13am
There is an active thread on EuroX2 on forex-tsd
I personally wouldn't throw money at it in a hurry...

Quoting bradman
anyone know if the EuroX2 EA works???
i'd like to add a good Euro/US EA and a GBP/US EA.
  • #45
  • Oct 9, 2006 1:17am Oct 9, 2006 1:17am
I just noticed one thing with thing with this EA. It still says Pheonix3 in the comment field. Not a big deal unless you are reporting off that field.
  • #46
  • Oct 9, 2006 1:28am Oct 9, 2006 1:28am
Quoting nvwine
Hendrick,
On forward demo tests that have been running a week or two - do you want us to immediately implement new settings when you post them in the thread? or Do you want us to keep the old settings for comparison against the new settings others are using?

Nice new thread, good first post.

Are they going to post your interview under the news tab on the Trading Championship web site?
Hi Nvwine,

I think it's better to switch over to the new settings. Yes I think the interview will be under the news tab. I believe somewhere this week.
  • #47
  • Oct 9, 2006 1:34am Oct 9, 2006 1:34am
Quoting RizkInvestments
I've been trading for 12 years and only 4 years ago did I finally realize this. Good to see that someone else out there believes the same thing ;-)

Good luck to you in your venture!
Kal
Hi Kal,

I'm looking for people that experienced these cycles/patterns in their daily practice. So if you have the time one of these days maybe you can tell me more about what you have found. Thanks.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>
  • #48
  • Oct 9, 2006 1:53am Oct 9, 2006 1:53am
Quoting 1trader2
Hedrick,

Thanks for carrying on with Phoenix in the new thread and for the new manual & updated settings for 4.2. I added 4 new pairs to my demo account for a total of 7 that you recommended, all with the new settings in your initial post of this new thread. I will start forward testing these tonight EST in the US. I will try to update the list daily if possible and no less than weekly.

Congratulations on your present position in 2nd place in the contest. I'm proud to know you. I've never known anyone from the Netherlands. By the way, you write and I assume speak, excellent English.

I am, however, still curious about how Phoenix "works." I'm a novice in programming but I'm assuming from what I can gather that the premise is based on an envelope similar to Firebird (but greatly sophisticated). I know that you are "teasing" us and will gradually reveal more details about the basis of Phoenix as it evolves...however, a little more factual info (as well as the philosophy of Phoenix and optimization of EA's you've offered) would help us to help you in its development.

I want you to know that we all appreciate your great work...and don't forget to give your wife the time she deserves...it will actually make you more productive in the end and make for a happier household and life.

Mike Johnson
aka 1Trader2
Hi Mike,

I will give you more information about the working of Phoenix as soon as possible. You can also read more about it in the interview that will be published somewhere this week on the Contest site.

And you're absolutly right about the time I have to give to my wife (and the rest of my familiy).
  • #49
  • Oct 9, 2006 1:54am Oct 9, 2006 1:54am
Quoting altapowder
I just noticed one thing with thing with this EA. It still says Pheonix3 in the comment field. Not a big deal unless you are reporting off that field.
Oops, you're right.
  • #50
  • Oct 9, 2006 4:03am Oct 9, 2006 4:03am
New version Phoenix (4_2_02) in first post. Fixed a problem with certain micro-accounts where the broker puts a "m" behind the pairs (so USDJPYm instead of USDJPY).
  • #51
  • Oct 9, 2006 4:52am Oct 9, 2006 4:52am
Hi Hendrick,

nice to see that you're still putting so much effoert into Phoenix. I really didn't like the path of development Phoenix took so I looked for other strategies / EAs. However, I didn't really find any which is as good as Phoenix. Additionally, I don't like Phoenix R:R (risk-reward-ratio) because the S/L is so much bigger than the T/P.
Well....but now, I'm gonna try it again because these forward test results are amazing...
  • #52
  • Oct 9, 2006 5:50am Oct 9, 2006 5:50am
Do you guys have recomendations for which broker to use on a LIVE mini account for this strategy?

PS. I've read you entire thread (this one) and it's much easier to digest when there are only a couple of pages long.

PPS. Also I love your idea of posting the EA to the first thread, makes it SO much easier to find. But may I sugest that you keep the old ones there as well. It will allow you to go back in time if you want to undo some changes. Also usefull for reference when you want to see at which point in time you introduced a particular feature.
Just my 2 pips worth
  • #53
  • Oct 9, 2006 6:05am Oct 9, 2006 6:05am
Quoting tradeigel
Hi Hendrick,

nice to see that you're still putting so much effoert into Phoenix. I really didn't like the path of development Phoenix took so I looked for other strategies / EAs. However, I didn't really find any which is as good as Phoenix. Additionally, I don't like Phoenix R:R (risk-reward-ratio) because the S/L is so much bigger than the T/P.
Well....but now, I'm gonna try it again because these forward test results are amazing...
Hey Tradeigel!

There you are! Thought you abandoned me! <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>

<o></o>

In the case of a TP of 42 and a SL 84 we have a negative RRR and that's something you have to avoid. On the other hand some EA's needs enough space to develop their trades. <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1:City w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:City> is in essence a counter-trend EA. When it opens a trade you will often see that the price at first goes against it. If your SL is too low your trade will then be closed to early and in loss. <o></o>

<o></o>

I think I'm going to make a different set of settings for those who want to test a different RRR. What about a 1:1 ratio? <o></o>

<o> </o>
  • #54
  • Oct 9, 2006 7:08am Oct 9, 2006 7:08am
Hendrick...OK, PrefSettings is true but I have MM set to false to trade mini's and the TS is a gonner...
  • #55
  • Oct 9, 2006 7:12am Oct 9, 2006 7:12am
yeah, that's probably better...I only wonder if it works :/

Quoting Hendrick
Hey Tradeigel!

There you are! Thought you abandoned me! <o></o>

<o></o>

In the case of a TP of 42 and a SL 84 we have a negative RRR and that's something you have to avoid. On the other hand some EA's needs enough space to develop their trades. <st1:city w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:city> is in essence a counter-trend EA. When it opens a trade you will often see that the price at first goes against it. If your SL is too low your trade will then be closed to early and in loss. <o></o>

<o></o>

I think I'm going to make a different set of settings for those who want to test a different RRR. What about a 1:1 ratio? <o></o>

<o></o>
  • #56
  • Oct 9, 2006 7:35am Oct 9, 2006 7:35am
I'm just thining out loud here...US holiday, Japan 'Sports Day', and the N. Korean nuclear test...are we in for a volatility spike?

Please note: when I think out loud I make less sense vs. thinking to myself. I still haven't cleaned my room.....
  • #57
  • Oct 9, 2006 7:49am Oct 9, 2006 7:49am
Hi Hendrick,

As mentioned I've just started a forward test on demo accounts with 3 brokers (space fx, interbank fx, and metatradeer) using the latest that you posted in your first post.

Will try to update my results on a daily basis.

BTW, did you incorporate your latest settings into the EA or should I copy it from the settings file? I'm just asking because I'm wondering which ones you will keep up to date ... is the EA always going to have the latest, or are the settings file going to be the latest?
Just my 2 pips worth
  • #58
  • Oct 9, 2006 8:22am Oct 9, 2006 8:22am
Quoting saltcafe
Hi Hendrick,

As mentioned I've just started a forward test on demo accounts with 3 brokers (space fx, interbank fx, and metatradeer) using the latest that you posted in your first post.

Will try to update my results on a daily basis.

BTW, did you incorporate your latest settings into the EA or should I copy it from the settings file? I'm just asking because I'm wondering which ones you will keep up to date ... is the EA always going to have the latest, or are the settings file going to be the latest?
Good question! I forgot to mention the difference. When the settings file changes so will the EA. So you can copy and paste the new settings in the EA or just install the new EA.
  • #59
  • Oct 9, 2006 8:26am Oct 9, 2006 8:26am
Quoting Hendrick
Good question! I forgot to mention the difference. When the settings file changes so will the EA. So you can copy and paste the new settings in the EA or just install the new EA.
So in that case I can assume that the EA will always have the latest and greatest!!! Makes life easier to work with.

I havn't been running this set-up for less then an hour and there are already differences in the trades being taken depending on the broker. On Interbank FX I have two trades open while the others are yet to open a position. I'm running this on ALL of the charts available at each broker.

Catch ya.
Just my 2 pips worth
  • #60
  • Oct 9, 2006 8:48am Oct 9, 2006 8:48am
Fantastic results so far in the World Championship! I am rooting for you to win. I only wish my own EA EverLong was doing as well in the standings. What ever I can do on this thread to help with the development of Phoenix I will do it. Thanks for sharing all of your hard work with the rest of us and I can't wait to read your interview.
0 traders viewing now