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  • #101
  • Oct 10, 2006 11:32pm Oct 10, 2006 11:32pm
Hi


Hendrick, thanks for sharing your system.


I downloaded <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1:City><st1lace>Phoenix</st1lace></st1:City> and put it on a M15 USDJPY chart.

Then, I decided to place on the chart the indicators that <st1:City><st1lace>Phoenix</st1lace></st1:City> uses as signals, so that I can actually see what <st1:City><st1lace>Phoenix</st1lace></st1:City> is thinking.


So, I put the Envelopes indicator (<st1:City><st1lace>Phoenix</st1lace></st1:City>’s first signal) on the chart setting the parameters as per the <st1:City><st1lace>Phoenix</st1lace></st1:City> parameters for USDJPY.

Period = 2
MA method = Simple
Apply to = Close
Deviation percent = 0.0032


The result looked strange, the envelopes had almost merged together as one line. Perhaps I entered the parameters wrong, so I check the Envelopes properties window and the deviation percent was 0.00 not 0.0032.


OK, so I must have typed it in wrong, so I re-enter 0.0032, but the same thing happened. In the Envelopes properties window 0.0032 always becomes 0.00 when you re open the properties window. It is like the deviation percent will only accept a value of two decimal places and the rest is truncated.


If this is true of the indicator placed on a chart does the Envelopes indicator behave in the same way when running in an EA?

i.e. when the EA runs, does it turn 0.0032 into 0.00 for USDJPY?
For GBPJPY turn 0.0072 into 0.00 ?
For CHFJPY turn 0.012 into 0.01 ?
etc


So, I did the following with the strategy tester.

1. Ran Phoenix on the strategy tester on USDJPY with the "Percent" parameter left as 0.0032.

2. When it finished clicked on the Open Chart button.

3. On the chart that opened up, I looked at the Envelopes deviation percent parameter, it was 0.10 not 0.0032


What happened? Was0.0032 truncated to 0.00? Did the system therefore use the default value of 0.10 ???????


Perhaps I am doing something wrong?


Can anyone please explain?


Many thanks, Mark
  • #102
  • Oct 10, 2006 11:34pm Oct 10, 2006 11:34pm
FXDD sucks

P4 has settings for CHF/Jap and GBP/Jap

i see many of you trade GBP/Jap

there is no option for these pairs on FXDD, unless someone knows how to 'customise' pairs there.
  • #103
  • Oct 11, 2006 12:10am Oct 11, 2006 12:10am
Quoting bradman
FXDD sucks

P4 has settings for CHF/Jap and GBP/Jap

i see many of you trade GBP/Jap

there is no option for these pairs on FXDD, unless someone knows how to 'customise' pairs there.
Hi bradman,
I trade with FXDD and there on my platform, the mt4. The way i get to all the pairs click on file hit new chart and down toward the bottom you'll see forex scroll down to that and it should bring all the pairs up. I hope this is of some help....Valerie......
  • #104
  • Oct 11, 2006 12:43am Oct 11, 2006 12:43am
P4 has been doing very nicely with GBP/JPY so far... 3 out of 3 targets hit, 4th one on the way Well done!
  • #105
  • Oct 11, 2006 12:58am Oct 11, 2006 12:58am
Palmer,

Are you stll using a TS?

Quoting Palmer
Oh, yeah I initially had a TS in set at 20 so that's why that 2nd trade looks a little 'thin'. There are five positions open right now with a floating PL of about $63 in the negative....mini's.
  • #106
  • Oct 11, 2006 1:00am Oct 11, 2006 1:00am
third time trying to post this.

laptop has EAs running and the currencies were not there.

standard computer has same FXDD account and the other currencies are there. nz and mex etc as well

FXDD wierd, or these computers...
  • #107
  • Oct 11, 2006 1:10am Oct 11, 2006 1:10am
Hi Mark,

If you place the indicators with these settings on your chart then indeed you see something that doesn't make sense at all. With Phoenix I'm trying to discover patterns/cycles that you will not see with Technical Analyses on your chart. I will give a further explanation later.


Quoting ozujsko
Hi


Hendrick, thanks for sharing your system.


I downloaded <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1:City><st1lace>Phoenix</st1lace></st1:City> and put it on a M15 USDJPY chart.

Then, I decided to place on the chart the indicators that <st1:City><st1lace>Phoenix</st1lace></st1:City> uses as signals, so that I can actually see what <st1:City><st1lace>Phoenix</st1lace></st1:City> is thinking.


So, I put the Envelopes indicator (<st1:City><st1lace>Phoenix</st1lace></st1:City>’s first signal) on the chart setting the parameters as per the <st1:City><st1lace>Phoenix</st1lace></st1:City> parameters for USDJPY.

Period = 2
MA method = Simple
Apply to = Close
Deviation percent = 0.0032


The result looked strange, the envelopes had almost merged together as one line. Perhaps I entered the parameters wrong, so I check the Envelopes properties window and the deviation percent was 0.00 not 0.0032.


OK, so I must have typed it in wrong, so I re-enter 0.0032, but the same thing happened. In the Envelopes properties window 0.0032 always becomes 0.00 when you re open the properties window. It is like the deviation percent will only accept a value of two decimal places and the rest is truncated.


If this is true of the indicator placed on a chart does the Envelopes indicator behave in the same way when running in an EA?

i.e. when the EA runs, does it turn 0.0032 into 0.00 for USDJPY?
For GBPJPY turn 0.0072 into 0.00 ?
For CHFJPY turn 0.012 into 0.01 ?
etc


So, I did the following with the strategy tester.

1. Ran Phoenix on the strategy tester on USDJPY with the "Percent" parameter left as 0.0032.

2. When it finished clicked on the Open Chart button.

3. On the chart that opened up, I looked at the Envelopes deviation percent parameter, it was 0.10 not 0.0032


What happened? Was0.0032 truncated to 0.00? Did the system therefore use the default value of 0.10 ???????


Perhaps I am doing something wrong?


Can anyone please explain?


Many thanks, Mark
  • #108
  • Oct 11, 2006 3:12am Oct 11, 2006 3:12am
Hi Hendrick,
Thanks for your work.
Regarding the indicator you are using, I got confused about OsMA.
From MT help manual, the OSMA is used as:

<TABLE class=docvar cellSpacing=0 cellPadding=0 border=0><TBODY><TR vAlign=top><TD><NOBR>double iOsMA(</NOBR></TD><TD>string symbol, int timeframe, int fast_ema_period, int slow_ema_period, int signal_period, int applied_price, int shift)</TD></TR></TBODY></TABLE>

In your EA, it is used as:
double OsMABar2=iOsMA(NULL,0,OSMASlow,OSMAFast,OSMASignal,PRICE_CLOSE,2);
double OsMABar1=iOsMA(NULL,0,OSMASlow,OSMAFast,OSMASignal,PRICE_CLOSE,1);

I noticed that OSMASlow is passed down to parameter fast_ema_period, and OSMAFast to slow_ema_period. If we put the indicator OsMA with the seting in the code in the chart, we would got the different values.

Just wonder if the switch is made purposely.

Thanks again for your nice work.

forex4syg



Quoting Hendrick
Hi Mark,

If you place the indicators with these settings on your chart then indeed you see something that doesn't make sense at all. With Phoenix I'm trying to discover patterns/cycles that you will not see with Technical Analyses on your chart. I will give a further explanation later.
  • #109
  • Oct 11, 2006 3:23am Oct 11, 2006 3:23am
Hi,

You're right, this is confusing, but in my tests I'ved switched slow and fast several times (in the code) to see what the effects would be. I leave it this way for now because otherwise the settings won't fit anymore. I will change this for Phoenix 5. Thanks!


Quoting forex4syg
Hi Hendrick,
Thanks for your work.
Regarding the indicator you are using, I got confused about OsMA.
From MT help manual, the OSMA is used as:

<TABLE class=docvar cellSpacing=0 cellPadding=0 border=0><TBODY><TR vAlign=top><TD><NOBR>double iOsMA(</NOBR></TD><TD>string symbol, int timeframe, int fast_ema_period, int slow_ema_period, int signal_period, int applied_price, int shift)</TD></TR></TBODY></TABLE>

In your EA, it is used as:
double OsMABar2=iOsMA(NULL,0,OSMASlow,OSMAFast,OSMASignal,PRICE_CLOSE,2);
double OsMABar1=iOsMA(NULL,0,OSMASlow,OSMAFast,OSMASignal,PRICE_CLOSE,1);

I noticed that OSMASlow is passed down to parameter fast_ema_period, and OSMAFast to slow_ema_period. If we put the indicator OsMA with the seting in the code in the chart, we would got the different values.

Just wonder if the switch is made purposely.

Thanks again for your nice work.

forex4syg
  • #110
  • Oct 11, 2006 3:51am Oct 11, 2006 3:51am
Quoting Hendrick
Strange Saltcafe all these differences!
Hi Hendrick, I agree with you. I'm myself astounded why there would be such a huge discrepency. At the moment if I look at the accounts I have:

Space FX: with 10870 equity
Strategy Builder FX: with 9880 equity
Interbank FX: with 10616 equity

I will post detailed statements again towards the later part of the afternoon. This looks like any strategy is either doomed to failure on one broker while can thrive on another ... now take you pick as to where you would be lucky!

Between you and me, I have to admit that the only REAL way of gaining broker independance would be to set-up up a quarum of broker feeds (at least 3, preferably 5) and use that as the price feed for the calculation, then place trades not at market but with predefined leves for price, SP & TP. But unfortunatelly this is only really theory, since it is not really possible within the current framework available to us. Only can dream about this at the moment.

Talk later.
Just my 2 pips worth
  • #111
  • Oct 11, 2006 6:42am Oct 11, 2006 6:42am
Thanks for your reply Achilles Heel.

I looked in to it and found there is a time difference of 1 hour indeed between the two.
I was aware there are different times on different broker servers but I always thought, when *back testing*, MT4 would starts at the same time/point.... For instance always at 00:00 GMT..
Apparently not then..

Did most back testing with my FXDD account so will probably use this one as a 'master' and once in a while double check settings on other MetaTraders..

Cheers

Quoting Achilles heel
Could the servers these two different versions are connecting to be different? If so have you checked the server time zone settings?

not sure if this is the case but its worth checking.

Good luck,
Ah.
  • #112
  • Oct 11, 2006 7:19am Oct 11, 2006 7:19am
I just received the following mail from MetaQuotes:


Quote
Interview with Harry Brinkhuis (Hendrick)

On the website of the Automated Trading Championship 2006, the interview with Harry Brinkhuis (Hendrick) has been published. Harry gave interesting details about his Expert Advisor, Phoenix, that took the second place according to the Championship First Week results:

To my findings a Take Profit of 42 and a Stop Loss of 84 is the right combination for Phoenix. They are part of what I call the balance between settings, timeframe, Stop Loss and Take Profit. Other people that were testing Phoenix tried to change Take Profit and Stop Loss and got very different results. They somehow changed "The Balance"!

The full text of the interview was published on the website of the Automated Trading Championship 2006 in the News section.


Go Hendrick!
  • #113
  • Oct 11, 2006 7:25am Oct 11, 2006 7:25am
Hendrick:

No, I got rid of the TS. That floating PL has creeping back up to the plus side this morning...
  • #114
  • Oct 11, 2006 8:21am Oct 11, 2006 8:21am
I liked your interview ... but no mention of the EA’s placing trades on multiple currencies. Was that an editorial cut from the interview?<o></o>
Just my 2 pips worth
  • #115
  • Oct 11, 2006 9:42am Oct 11, 2006 9:42am
Today's results posted for comparison purposes.

Space FX is powering ahead, while StrategyBuilder is in the doldrums. Interbank is somewhere in the middle.

It looks like a race between identical cars, problem is that the cars are identical and the circuit is supposed to be the same as well, but alas it doesn't appear to be so.

I'm beginning to think that to truly test this system (or any other MT4 based EA) then you really need to open up a couple of brokers (at least 3) and then do a compare to be able to determine if your system is actually profitable.<o></o>
Attached File(s)
File Type: zip 20061011Interbank FX Trader 4.zip   8 KB | 331 downloads
File Type: zip 20061011Space FX.zip   7 KB | 323 downloads
File Type: zip 20061011StrategyBuilderFX 4.zip   8 KB | 311 downloads
Just my 2 pips worth
  • #116
  • Oct 11, 2006 10:46am Oct 11, 2006 10:46am
Quoting saltcafe
I liked your interview ... but no mention of the EA’s placing trades on multiple currencies. Was that an editorial cut from the interview?<?xml:namespace prefix = o /><o></o>
I just forgot! Sorry! Will try to mail them this week.
  • #117
  • Oct 11, 2006 10:55am Oct 11, 2006 10:55am
Boring, boring, and boring!! Another boring day! Nothing really moves. But let’s wait for tomorrow. A lot of economic news. That should really shake up the currencies. And if I'm not mistaking <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1:City w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:City> will perform better as soon things gets moving.<?xml:namespace prefix = o /><o></o>

<o></o>

And if you want to know what your open trades will do, visit this site:<o></o>

<o></o>

http://www.mizuho-cb.co.uk/TresInter...X_-_Majors.htm<o></o>

<o></o>

Very good!<o></o>

<o> </o>
  • #118
  • Oct 11, 2006 11:22am Oct 11, 2006 11:22am
OK. Let’s talk about the MaximumRisk parameter in <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1lace w:st="on"><st1:City w:st="on">Phoenix</st1:City></st1lace>. But first what do you expect from Forex? What do you expect from a MetaTrader Expert Advisor like <st1:City w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:City>? Are you happy with a lot of small gains or are you going for the Big Money?<?xml:namespace prefix = o /><o></o>

<o> </o>

Well, if you like me then you’re not satisfied with the small gains but you want to improve your financial situation drastically. That means go for the Big Money and take some risks. <o></o>

<o> </o>

These are the results for a six months backward test for the GBPUSD (4.2 – 10.2)<o></o>

<o> </o>

MM=false Lots=1<o></o>

Net Profit 14.888 (MD=5.92%)<o></o>

<o> </o>

MM=true MaximumRisk=0.05 (default)<o></o>

Net Profit 10.115 (MD=7.24%)<o></o>

<o> </o>

MM=true MaximumRisk=0.1<o></o>

Net Profit 29.117 (MD=14.8%)<o></o>

<o> </o>

MM=true MaximumRisk=0.12<o></o>

Net Profit 40.598 (MD=16.95%)<o></o>

<o> </o>

If you really trust <st1:City w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:City> and if your back and forward testing shows you the results you want, then there’s nothing against increasing the MaximumRisk.<o></o>

<o> </o>

In my opinion <st1:City w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:City> 4.2 will make you money. It’s your choice to be satisfied with a couple of small gains or to change the MaximumRisk parameter in order to get a bigger piece of the cake. Personally I know what to do!<o></o>

<o> </o>

(If you’re going live with <st1:City w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:City> then be aware that Forex is a risky business. You and you alone are responsible for what you are doing or willing to do with <st1:City w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:City>. Don’t come to me when things went wrong!)<o></o>
  • #119
  • Oct 11, 2006 12:39pm Oct 11, 2006 12:39pm
Results for today. No movements. Tommorow looks much more challending for Phoenix. Will cross my fingers ;-)
Attached File(s)
File Type: zip 10_11_2006_Phoenix_full_acc_forw.zip   7 KB | 8,348 downloads
  • #120
  • Oct 11, 2006 1:25pm Oct 11, 2006 1:25pm
Thanks Snoopy. Keeps us posted.


Quoting snoopy
Results for today. No movements. Tommorow looks much more challending for Phoenix. Will cross my fingers ;-)
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