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Phoenix 2007 (new thread)

  • #441
  • Oct 27, 2006 8:42pm Oct 27, 2006 8:42pm
Hello there, I just wanted to ask a few questions about the theory of Pheonix 4.2. I realize that Pheonix sees patterns or something that I don't see when it enters a trade. I guess what I would like to know is when is it apropriate to turn it on and off, and why the 84/42 theory? My appogies if this has been addressed prior to this tread. Thank you Hendrick for all of your hard work!
Walrus
  • #442
  • Oct 27, 2006 10:41pm Oct 27, 2006 10:41pm
Quoting walrus
Hello there, I just wanted to ask a few questions about the theory of Pheonix 4.2. I realize that Pheonix sees patterns or something that I don't see when it enters a trade. I guess what I would like to know is when is it apropriate to turn it on and off, and why the 84/42 theory? My appogies if this has been addressed prior to this tread. Thank you Hendrick for all of your hard work!
Walrus
I am pretty sure it's because 84/42 has achieved the best results in backtesting. Definately try different settings, but it seems the 84/42 keeps coming back the best. Those numbers are included in the things Hendrick is working on; basically adjusting them when price moves, adding to positive positions, etc. I am not sure if you need to turn it off, the idea is to turn it on and walk away.
"Its not where your at, but where your coming from"
  • #443
  • Oct 28, 2006 2:39am Oct 28, 2006 2:39am
hello all..

I need someone plz to give me the latest settings for Phoenix_EA_v4_2_03
coz when i apply it to any chart , it dosent work .. so maybe i'm missing something .
And tell me plz , with which pairs does it work the best ??

Thanx a lot .
  • #444
  • Oct 28, 2006 4:53am Oct 28, 2006 4:53am
It was not a good week for my Phoenix tests. As often happens to me the demo account is still positive and the wheels fell off the wagon in the live account. When P5 arrives I'll switch a couple of tests to that but it is too soon to evaluate P4 as far as long term success. I may trim some currency pairs from my tests. My tests were also compromised this week because I ran them on a virtual private server. The crazy VPS had at least 1 problem every 24 hours. I think I'll move everything back to my own computers. I can not explain how the two tests can be so different. Both tests use the same preferred settings. The two tests below have the same format as last time. First sorted by currency pair and then the original report.

Reminder to IBFX customers with live standard accounts - New server address starting Sunday.
Attached File(s)
File Type: pdf IBFXm Live 1006-1027.pdf   74 KB | 474 downloads
File Type: pdf Alpari Demo 1005-1027.pdf   69 KB | 467 downloads
  • #445
  • Oct 28, 2006 9:56am Oct 28, 2006 9:56am
ditto. P4 took out a lot of stops this week. But thats the whole point of testing isn't it ?
  • #446
  • Oct 28, 2006 10:11am Oct 28, 2006 10:11am
A short recap on the development of Phoenix 5.

Tomorrow I will post version 5 of Phoenix. You can use Phoenix 5 in three different modes:
Phoenix Classic: same as Phoenix 4.2 but with extra functions like BreakEven, Close trades after x hours and so on.

Phoenix SecondTrade: Open a second trade after the first trade is a certain amount of pips in profit. Very special and nice results.

Phoenix 123:
Open three trades at the same time (one of you posted this idea). Lot size 1 is 0.5, two is 1 and three is 1.5. This mode comes with a lot of possible settings. Very good results......!

So, stay tuned! Phoenix is getting better by the day, so pick your copy tomorrow as long as it's free!

(To all of you who sent me e-mails, I was just too focused on Phoenix 5 (bad habit). Sorry!. I will answer you all tomorrow.)
  • #447
  • Oct 28, 2006 12:45pm Oct 28, 2006 12:45pm
Quoting Hendrick
A short recap on the development of Phoenix 5.

Tomorrow I will post version 5 of Phoenix. You can use Phoenix 5 in three different modes:
Phoenix Classic: same as Phoenix 4.2 but with extra functions like BreakEven, Close trades after x hours and so on.

Phoenix SecondTrade: Open a second trade after the first trade is a certain amount of pips in profit. Very special and nice results.

Phoenix 123:
Open three trades at the same time (one of you posted this idea). Lot size 1 is 0.5, two is 1 and three is 1.5. This mode comes with a lot of possible settings. Very good results......!

So, stay tuned! Phoenix is getting better by the day, so pick your copy tomorrow as long as it's free!

(To all of you who sent me e-mails, I was just too focused on Phoenix 5 (bad habit). Sorry!. I will answer you all tomorrow.)
Awesome! You touched on a couple of my thoughts (wow, that sounds dirty) that I was gonna post up here when I was reading just now. I look forward to testing the new version out.
  • #448
  • Oct 28, 2006 1:47pm Oct 28, 2006 1:47pm
Quoting Skyhook
Awesome! You touched on a couple of my thoughts (wow, that sounds dirty) that I was gonna post up here when I was reading just now. I look forward to testing the new version out.
yeah, definitely!
  • #449
  • Oct 28, 2006 3:11pm Oct 28, 2006 3:11pm
Phoenix 4.2 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
Can wait to start with version 5 !
Thanks Hendrick !
Attached File(s)
File Type: zip Phoenix.zip   12 KB | 406 downloads
  • #450
  • Oct 29, 2006 11:18am Oct 29, 2006 11:18am
Promised you to post <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1lace w:st="on"><st1:City w:st="on">Phoenix</st1:City></st1lace> 5 this weekend. Came across some very ugly errors! Will have to solve these first. Will post the new version at the end of the week.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>

<o></o>

(<st1:City w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:City> 5 will be a lot better than 4.2!)<o></o>
  • #451
  • Oct 29, 2006 12:33pm Oct 29, 2006 12:33pm
Quoting Hendrick
Promised you to post <st1lace w:st="on"><st1:city w:st="on">Phoenix</st1:city></st1lace> 5 this weekend. Came across some very ugly errors! Will have to solve these first. Will post the new version at the end of the week.<o></o>

(<st1:city w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:city> 5 will be a lot better than 4.2!)<o></o>
No problem ... will continue running the demos on the previous version to compare results. Last week wasn't particularly good for the EA. We will see what this week brings.
Just my 2 pips worth
  • #452
  • Oct 29, 2006 7:25pm Oct 29, 2006 7:25pm
ok,

First of all, i'm one desperate guy.

after been weeks following this thread, weeks of forward testing, and some back testing, none, i mean none of them are showing profits. I thought this is not true, i must be missing something. After i've gone through the statement posted by everyone, finally i can make myself believe that this EA is a failure.

I wondered why everyone get so excited about this EA, has anyone made $1000 with this EA yet? or even $100. I know we are here to help testing out the potential of phoenix EA. Well, test's over, the result is NEGATIVE for phoenixv2.02 specificly, v2.03 is no better, agree?

Hope the new coming phoenix could do well.

~Keep it up !


Chad

Life goes on
  • #453
  • Oct 29, 2006 8:13pm Oct 29, 2006 8:13pm
Quoting chad
ok,

First of all, i'm one desperate guy.

after been weeks following this thread, weeks of forward testing, and some back testing, none, i mean none of them are showing profits. I thought this is not true, i must be missing something. After i've gone through the statement posted by everyone, finally i can make myself believe that this EA is a failure.

I wondered why everyone get so excited about this EA, has anyone made $1000 with this EA yet? or even $100. I know we are here to help testing out the potential of phoenix EA. Well, test's over, the result is NEGATIVE for phoenixv2.02 specificly, v2.03 is no better, agree?

Hope the new coming phoenix could do well.

~Keep it up !


Chad

Life goes on
Sofar I have only lost money on testing EA's, but that won't stop me.
Some people dream of making money and when you can make money, then you dream of making money the lazy way.
Who doesn't want to relax on the beach while your EA is making money at home!

Happy tradings
  • #454
  • Oct 29, 2006 9:31pm Oct 29, 2006 9:31pm
Quoting humax
Sofar I have only lost money on testing EA's, but that won't stop me.
Some people dream of making money and when you can make money, then you dream of making money the lazy way.
Who doesn't want to relax on the beach while your EA is making money at home!

Happy tradings
Hey! I am not lazy! I merely prefer to work smarter, not harder. I view the EA as an evolutionary step down the system development path. Brainstorm a system, construct this system to prove it's viability, test, tweak and refine, automate it, build a new system, repeat.
  • #455
  • Oct 30, 2006 1:38am Oct 30, 2006 1:38am
Quoting chad
ok,

First of all, i'm one desperate guy.

after been weeks following this thread, weeks of forward testing, and some back testing, none, i mean none of them are showing profits. I thought this is not true, i must be missing something. After i've gone through the statement posted by everyone, finally i can make myself believe that this EA is a failure.

I wondered why everyone get so excited about this EA, has anyone made $1000 with this EA yet? or even $100. I know we are here to help testing out the potential of phoenix EA. Well, test's over, the result is NEGATIVE for phoenixv2.02 specificly, v2.03 is no better, agree?

Hope the new coming phoenix could do well.

~Keep it up !


Chad

Life goes on
Hi Chad,

I think you're missing the point here. For now it's just testing and tweaking in order to find the right code and settings 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>. Failures are as good as successes because we can learn a lot of both. It's a process with a beginning and an end and we are somewhere in the middle of it. I don't think it's fair to call an EA a failure as long as it's still in development. What we need now is people who want to test <st1:City w:st="on">Phoenix</st1:City>, study the code and post their ideas on how to improve <st1:City w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:City>. Hope your next post in this forum will be a little more constructive.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>

<o></o>

Regards,<o></o>

<o></o>

Hendrick.<o></o>
  • #456
  • Oct 30, 2006 4:45am Oct 30, 2006 4:45am
Quoting Hendrick
Hi Chad,

I think you're missing the point here. For now it's just testing and tweaking in order to find the right code and settings 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>. Failures are as good as successes because we can learn a lot of both. It's a process with a beginning and an end and we are somewhere in the middle of it. I don't think it's fair to call ................
Hi hendrick,

I do agree with you. It's just my nature, I told u i'm a deperate guy, nothing's fair to me. Sorry if my comment harms u, there's a chinese saying says that 'failure is the origin of success' . I agree that failure is as good as success. I been through lot of failure in my entire life, i believe my future success will comes from that point. I hope u understand me. As long as i'm still replying this thread, i'm supporting you, honestly.

I can see u never give up with your EA which is what i've been admiring u of. I think it's matter of time when u could claim your success.

I'm standing by here for your new version.

Lastly, i have a little suggestion. I think we should determine the pairs that pheonix would do well in, and then continue the developement of the EA base on the few winning pairs. My theory is, running more pairs means more opportunity and in every opportunity there's risk and profits. My point is to play 'SAFE'. sorry if i'm talking nonsense.


Chad

Life goes on
  • #457
  • Oct 30, 2006 6:37am Oct 30, 2006 6:37am
Hi Hendrick and All,

I do wonder if there is wisdom in really focussing all attention on fine tuning Phoenix for just one currency - say, GBPUSD (which generally has the largest movements and therefore potentially the greatest profits.)

Could various folk trialling numerous different currencies be a classic case of "too much information?" Especially when Hendrick has to interrupt his deliberations to consider and reply to all?

This is not meant to diminish all the efforts of many fine folks, but maybe a concerted unified effort might speed things up and fine tune more effectively?

Sorry . . .

Regards,

Grahame.
  • #458
  • Oct 30, 2006 7:08am Oct 30, 2006 7:08am
Ah don't be so impatient . We will soon have good settings for most of the pairs. It's just a matter of time and effort. Those who have followed this thread have heard some brilliant ideas been talked about over the past few weeks, some of which are making their way into Pheonix 5.

It would be silly to drop effort on the other pairs at this stage. In the long run (i.e. when they become profitable) you will be glad they were there as they make more moeny and provide some diversification.

If you are using this live for money (i.e. not testing) you don't have to run it on all pairs it supports. Just run it on the most profitable pairs (GBPJPY and USDJPY). But do remember this EA is still in development. Last week was a bad week for P4 so don't say we didn't warn you .
  • #459
  • Oct 30, 2006 11:07am Oct 30, 2006 11:07am
Helo every1.


I'm forward testing Phoenix 4.2.03 into all pairs avaliable in IBFX.

What i did is set all JPY pairs to 0.15 MaximumRisk because they seems to be the best ones. And its working for me

What i seen in the last week that the USD pairs have been messed up, but im hopefull that we'll find the best settings for it.

I'll post my results soon... For now a have too many trades open....

Why when we backtesting in longer periods they give us a nice results and when we test for a short period (like 2 month) usualy they give a negative report?

Hey Hendrick you're doing very very great at contest!! Congratulation, hope your EA keep working the same way till 31 december. I think you and Brazilian guy have the best EA. Because the others EA have had just a few trades and could be luck! But who knows.....

Its just my $0.02....

Regards
No Brain, no Gain.
  • #460
  • Oct 30, 2006 11:08am Oct 30, 2006 11:08am
<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o>Hi Hendrick</o>
<o>I find this articule about traiding systems optimization maybe is usefull for Phoenix. it is written in EasyLeguage but the exponation is very clear and the Autor has various articles related to that subject</o>
<o>like rapid prototyping method for trading system develpment. etc</o>
<o></o>
Attached File(s)
File Type: doc Better Optimization.doc   116 KB | 3,508 downloads
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