Harry:
Would the SL on both positions be at 100 from entry or just the second position?
Interesting stuff....
Would the SL on both positions be at 100 from entry or just the second position?
Interesting stuff....
- #321
- Oct 21, 2006 8:49am Oct 21, 2006 8:49am
- | Joined Apr 2005 | Status: Cruising The Outer Rim... | 2,175 Posts
- #323
- Oct 21, 2006 9:46am Oct 21, 2006 9:46am
- | Joined Apr 2005 | Status: Cruising The Outer Rim... | 2,175 Posts
- #324
- Oct 21, 2006 9:47am Oct 21, 2006 9:47am
- | Joined Apr 2005 | Status: Cruising The Outer Rim... | 2,175 Posts
- #326
- Oct 21, 2006 10:33am Oct 21, 2006 10:33am
- | Joined Apr 2005 | Status: Cruising The Outer Rim... | 2,175 Posts
- #328
- Oct 21, 2006 2:50pm Oct 21, 2006 2:50pm
- | Joined Apr 2005 | Status: Cruising The Outer Rim... | 2,175 Posts
- #330
- Oct 22, 2006 10:31am Oct 22, 2006 10:31am
Just a quick recap of the development of the next version of <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1
lace w:st="on"><st1:City w:st="on">Phoenix</st1:City></st1lace>. <st1:City w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:City> 5 has some nice additions. One of them is opening a second trade (in the same direction) when the first trade is a certain amount of pips in profit. The first trade is using a low TP and a much lower SL than a TP of 42 and a SL of 84. Consider this first trade as a scout that is exploring the market. If the market is not right for <st1:City w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:City> the first trade will end in a loss. This loss is however limited due to a low SL. But when the scout is in profit the second trade (with a higher TP and SL) will open with a fair chance of becoming a profitable trade (and so is your first trade).<?xml:namespace prefix = o /><o></o>
<o></o>
Other additions are:<o></o>
<o></o>
- closing trades after a certain amount of hours (seems to work for a couple of pairs).<o></o>
- moving your SL to breakeven when your trade is in profit.<o></o>
<o></o>
... And so on and so on.<o></o>
<o></o>
I think <st1:City w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:City> will be more profitable in the long run. But one thing: I need your support!! <o></o>
<o></o>
And now a very small critical remark:<o></o>
<o></o>
When the new <st1:City w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:City> thread just started there were a couple of visitors that were very enthusiastic. I haven't seen these visitors lately. And that’s not surprising at all, because they are "the takers": People that are willing to try a new EA for a week and hops to another EA when the first one isn’t profitable within the first couple of days. Well, goodbye to them, we don't need them! And that's why my love and my gratitude goes to the regular visitors of this thread. They understand that developing a good Expert Advisor takes a lot of time. I hope you guys will continue your support for the coming time!<o></o>
<o></o>
And let be honest, in the Contest <st1:City w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:City> is still occupying the fourth place out of 260 EA's! So it has some potential. And together we will develop <st1:City w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:City> further into a very good EA. Let's go for it!!!<o></o>
lace w:st="on"><st1:City w:st="on">Phoenix</st1:City></st1lace>. <st1:City w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:City> 5 has some nice additions. One of them is opening a second trade (in the same direction) when the first trade is a certain amount of pips in profit. The first trade is using a low TP and a much lower SL than a TP of 42 and a SL of 84. Consider this first trade as a scout that is exploring the market. If the market is not right for <st1:City w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:City> the first trade will end in a loss. This loss is however limited due to a low SL. But when the scout is in profit the second trade (with a higher TP and SL) will open with a fair chance of becoming a profitable trade (and so is your first trade).<?xml:namespace prefix = o /><o></o><o
></o>Other additions are:<o
></o><o
></o>- closing trades after a certain amount of hours (seems to work for a couple of pairs).<o
></o>- moving your SL to breakeven when your trade is in profit.<o
></o><o
></o>... And so on and so on.<o
></o><o
></o>I think <st1:City w:st="on"><st1
lace w:st="on">Phoenix</st1lace></st1:City> will be more profitable in the long run. But one thing: I need your support!! <o></o><o
></o>And now a very small critical remark:<o
></o><o
></o>When the new <st1:City w:st="on"><st1
lace w:st="on">Phoenix</st1lace></st1:City> thread just started there were a couple of visitors that were very enthusiastic. I haven't seen these visitors lately. And that’s not surprising at all, because they are "the takers": People that are willing to try a new EA for a week and hops to another EA when the first one isn’t profitable within the first couple of days. Well, goodbye to them, we don't need them! And that's why my love and my gratitude goes to the regular visitors of this thread. They understand that developing a good Expert Advisor takes a lot of time. I hope you guys will continue your support for the coming time!<o></o><o
></o>And let be honest, in the Contest <st1:City w:st="on"><st1
lace w:st="on">Phoenix</st1lace></st1:City> is still occupying the fourth place out of 260 EA's! So it has some potential. And together we will develop <st1:City w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:City> further into a very good EA. Let's go for it!!!<o></o> - #332
- Oct 22, 2006 10:48am Oct 22, 2006 10:48am
Hey, we love this new tread. I THINK i'M ADDICTED. Tx Hendrick, the amount of time you put in here is absolutly amazing, and I think we all appricate it temendously. And these new additions are really awesome.
Can't wait for Phoenix 5
Can't wait for Phoenix 5
Just a quick recap of the development of the next version of <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1
<o
Other additions are:<o
<o
- closing trades after a certain amount of hours (seems to work for a couple of pairs).<o
- moving your SL to breakeven when your trade is in profit.<o
<o
... And so on and so on.<o
<o
I think <st1:City w:st="on"><st1
<o
And now a very small critical remark:<o
<o
When the new <st1:City w:st="on"><st1
<o
And let be honest, in the Contest <st1:City w:st="on"><st1
- #333
- Oct 22, 2006 10:58am Oct 22, 2006 10:58am
Hi Harry!
Been on a trip so haven’t had time to post for a while. Please find attached the relationship between time of an open trade and Profit/Loss which I find on my Neuimex and North Finance accounts. Will do my FXDD account as soon as my brain is back on GMT +1 too ;-)
Too premature to draw any conclusions I guess but will keep updating in the future.
></o><o
></o>Back to earth again Vince? This is a great stuff! Will help me a lot. I think you will find the new option for <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1:City w:st="on"><st1
lace w:st="on">Phoenix</st1lace></st1:City> 5 to close a trade after a certain amount of hours very useful! <o></o><o
></o>Vince, I must have your e-mail address here somewhere, but I can't find it. Will you send me your e-mail once again so I can send you the beta version of <st1:City w:st="on"><st1
lace w:st="on">Phoenix</st1lace></st1:City> 5? <o></o><o
></o>Some day we will meet each other somewhere in the sky (I'm travelling a lot) and I hope you will give me then an inside view of your cockpit! Imagine that!<o
></o><o
></o>Take care buddy!<o
></o><o
></o>Harry<o
></o><o
> </o>
- #334
- Oct 22, 2006 10:59am Oct 22, 2006 10:59am
- Joined Jan 2006 | Status: Pips Ahoy! | 1,130 Posts
I think <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1:City w:st="on"><st1
I checked in over at the contest as i do each Weekend awaiting the results. Good trading.
Cheers,
Thom
When the new <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1:City w:st="on"><st1
></o>Can imagine it must be rather frustrating for you to see people be interested up to the point were they have been explained how to setup the EA and than 'bugger off'...
Maybe I shouldn’t say anything myself... ;-) because haven't been able to post last week.. (trip to the <st1:country-region w:st="on"><st1
lace w:st="on">US</st1lace></st1:country-region>). But you can count on my support (how ever limited/insignificant my input will be… at least I'll do my best).<o></o>Will post the rest of my findings (see post 329) of my FXDD account as promised later this evening! Will include the Detailed Statements of the past week soon too.
Keep up your great work Harry, don’t let some people spoil it for you!<o
></o> - #336
- Oct 22, 2006 11:09am Oct 22, 2006 11:09am
Phoenix test results from 10.08.06.
Settings: default
Pairs: USDJPY, EURUSD, GBPUSD, USDCHF, GBPCHF, AUDUSD, EURCHF, EURJPY, GBPJPY, CHFJPY, EURAUD, EURCAD
Timeframe: M15
Broker: IBFX
I will appreciate any comments on my results.
Thanks.
It's up and down for now. But in this stage we learn a lot form our profits as well as from our losses. Keep us posted with your results and stay tuned for the next version of <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1:City w:st="on"><st1
lace w:st="on">Phoenix</st1lace></st1:City>. Appreciate your contribution!<?xml:namespace prefix = u2 /><u2></u2><?xml:namespace prefix = o /><o></o><u2
> </u2><o></o>- #338
- Oct 22, 2006 11:14am Oct 22, 2006 11:14am
Did notice this too.. <?xml:namespace prefix = o /><o
Can imagine it must be rather frustrating for you to see people be interested up to the point were they have been explained how to setup the EA and than 'bugger off'...
Maybe I shouldn’t say anything myself... ;-) because haven't been able to post last week.. (trip to the <?xml:namespace prefix = st1 /><st1:country-region w:st="on"><st1
Will post the rest of my findings (see post 329) of my FXDD account as promised later this evening! Will include the Detailed Statements of the past week soon too.
Keep up your great work Harry, don’t let some people spoil it for you!<o
- #339
- Oct 22, 2006 11:31am Oct 22, 2006 11:31am
- | Joined Apr 2005 | Status: Cruising The Outer Rim... | 2,175 Posts