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Phoenix 2007 (new thread)

  • #801
  • Nov 13, 2006 3:29pm Nov 13, 2006 3:29pm
Hi! I have a proposal about a modification of Phoenix.
According to backtests, the maximum number of consecutive losses is 2, for example, for USD/JPY. So, we use Martingale.
When we have 2 consecutive losses of 0.1 lot each, that is 84*2=168 pips, third position should be opened let's say 0.3 lot, therefore total loss of three trades will be only 132-168= -36pips instead of 42-168 =-124 pips if we open third position of 0.1 lot.
Please, give your comments!
P.S. to Artemos - Zemliaku privet!))
  • #802
  • Nov 13, 2006 4:32pm Nov 13, 2006 4:32pm
I've logged this proposal. Just to be clear, what you're suggesting is to triple the number of lots after 2 consecutive losses with the assumption that the next trade will be a winner (because backtesting shows only a max of 2 consecutive losses, although I thought the max was just 1 loss) as a way of reducing the effect of the two consecutive losses.

Regardless, if indeed Phoenix can continue limiting consecutive losses, a method of scaling up the lots would make sense. Currently, Phoenix has an option which does the exact opposite, namely, it reduces the number of lots after a loss. I would think it would be rather easy to reverse this.

Suggestion noted and added to the list I'm keeping.

Thanks

Bill

Quoting Trader83
Hi! I have a proposal about a modification of Phoenix.
According to backtests, the maximum number of consecutive losses is 2, for example, for USD/JPY. So, we use Martingale.
When we have 2 consecutive losses of 0.1 lot each, that is 84*2=168 pips, third position should be opened let's say 0.3 lot, therefore total loss of three trades will be only 132-168= -36pips instead of 42-168 =-124 pips if we open third position of 0.1 lot.
Please, give your comments!
P.S. to Artemos - Zemliaku privet!))
  • #803
  • Nov 13, 2006 7:05pm Nov 13, 2006 7:05pm
Update by installation. Some in sync with MQL4.com contest installation, some not, some oddities.

A) Entered long at 118.14 (similar to long entry just made on MQL4.com)

B) Still hasn't placed any trades. Is IBFX not allowing Phoenix_4_CONTEST from running on demo or real accounts? (That would be odd)

C) Entered short at 118.14, TP at 117.72 then reversed and entered long at 117.72. I have no idea why it went short when all other installs went long, but, it worked here.

D) Entered long at 118.13 similar to MQL4.com contest version.


Quoting billworld
I began 4 demo accounts yesterday running Phoenix 4.x/5.x at 2 brokers as follows. All installations began running within 30 minutes of one another. I don't recall exactly the order in which they were started up, so the A-B-C-D sequence doesn't necessarily represent the first started to the last started.

A) IBFX P5.63 (default Classic settings; mode1, max risk .30, micros, decrease factor 1)

B) IBFX P4 Contest version (default settings)

C) FBFX P5.63 (default Classic settings; mode1, max risk .30, micros, decrease factor 1)

D) FBFX P4 Contest version (default settings)

Interestingly, this morning I check and see the following.

A) Placed a long entry at 117.23 at approx. 01:30 GMT which exited when TP was hit at 117.65.

B) Placed no trades. Remains flat.

C) Placed a short entry at 117.33 at approx. 07:00 GMT which is open right now at a -60p floating loss.

D) Placed a short entry at 117.33 at approx. 07:00 GMT which is open right now at a -60p floating loss.

Conclusions
-------------------------------------
- Oddly we were long at one broker and short at another at the same time (although entries were offset by about 6.5 hours).

- Install B didn't make any trades even though the contest version at MQL4.com did make a trade during this time (long entry at 117.15)

- C) and D) installs placed entries at the exact same point even though I thought the settings were different for the Contest version vs the relased versions (or is there a settings file which the contest version is reading which overrides the default settings in the EA, Hendrick please clarify)

Now, to test the theory that installing and starting a fresh EA at the same time as when the MQL4.com contest version remains flat, I've now installed an additional new installation of the Contest 4 EA as currently the MQL4.com contest version is flat. We'll see if it gets synced up with the MQL4.com version at the get-go.
  • #804
  • Nov 13, 2006 8:02pm Nov 13, 2006 8:02pm
Hats of to Hendrick with the competition and ALL the work he has done. I tried various setting on USD/JPY for the past 6 months [on 90%] and can't get any thing better than the defaults and what he has been trying in his last post.
  • #805
  • Nov 13, 2006 8:33pm Nov 13, 2006 8:33pm
someone made an indicator showing the signals made by Phoenix.
the code in
http://championship.mql4.com/2006/users/Hendrick/page2

and i make an indicator by it
so we can have a look at how the Phoenix works

Here it goes:
Attached File(s)
File Type: mq4 Handrick P4 CONTEST.mq4   5 KB | 507 downloads
  • #806
  • Nov 13, 2006 9:10pm Nov 13, 2006 9:10pm
Important to note is that said indicator shows all signals. Once in a trade, Phoenix does not exit upon receiving a reversing signal.

Quoting appleparty
someone made an indicator showing the signals made by Phoenix.
the code in
http://championship.mql4.com/2006/users/Hendrick/page2

and i make an indicator by it
so we can have a look at how the Phoenix works

Here it goes:
  • #807
  • Nov 13, 2006 9:38pm Nov 13, 2006 9:38pm
My demo's are running great while my live account is a complete loser. I have had 6 trades is a row get stopped out. I switched from mode 3 to mode 2 and the first 3 trades have opened and are 40 pips down. Any suggestions as to why this is happening?


Thanks
  • #808
  • Nov 13, 2006 9:55pm Nov 13, 2006 9:55pm
welcome to FX!!!!!!!!!!!!!!!!!!



Quoting traderlismiss
My demo's are running great while my live account is a complete loser. I have had 6 trades is a row get stopped out. I switched from mode 3 to mode 2 and the first 3 trades have opened and are 40 pips down. Any suggestions as to why this is happening?


Thanks
  • #809
  • Edited 10:42pm Nov 13, 2006 10:19pm | Edited 10:42pm
Quoting alsup1955
welcome to FX!!!!!!!!!!!!!!!!!!
Nice comment.......glad you want to help.

I understand FX, just not why there is such a difference between a demo and live EA.
  • #810
  • Nov 13, 2006 10:25pm Nov 13, 2006 10:25pm
i have been running two phoenix and two firebirds simultaneously, at this point both of my firebirds are slaughtering myphoenix trades. This has been over a period of three weeks....all demo
  • #811
  • Nov 13, 2006 11:34pm Nov 13, 2006 11:34pm
Could you provide some details or paste statements comparing the two? Are you running with default settings for both? What pairs/timeframes? Thanks.

Quoting preacher165
i have been running two phoenix and two firebirds simultaneously, at this point both of my firebirds are slaughtering myphoenix trades. This has been over a period of three weeks....all demo
  • #812
  • Nov 14, 2006 12:03am Nov 14, 2006 12:03am
I restarted testing today on three pairs usd jpy, eur jpy, and gbp jpy. I am using Phoenix 4.2.02. An order was placed on the usd jpy at exactly the same price as Hendrick in the contest with same stop loss and target. The broker is North Finance. Here are the settings I am using for usd jpy:

SMAPeriod = 2;
SMA2Bars = 18;
Percent = 0.0032;
TakeProfit = 42;
StopLoss = 84;
TrailingStop = 0;
OSMAFast = 5;
OSMASlow = 22;
OSMASignal = 2;
EnvelopePeriod = 2;
Fast_Period = 25;
Slow_Period = 15;
DVBuySell = 0.0029;
DVStayOut = 0.024;

I am assuming these are the contest settings. Matt
"Its not where your at, but where your coming from"
  • #813
  • Nov 14, 2006 12:04am Nov 14, 2006 12:04am
Quoting preacher165
i have been running two phoenix and two firebirds simultaneously, at this point both of my firebirds are slaughtering myphoenix trades. This has been over a period of three weeks....all demo
Hi preacher165, care to post how much is the "slaughtering"? ,aybe some grpahs + data will do great.
Even though i am sure phoenix is much safer and less wild than firebird.=)
Look forward to your post! thanks.

cheers,
ed
  • #814
  • Nov 14, 2006 12:21am Nov 14, 2006 12:21am
There is a Firebird thread. I would suggest if you want to look at the many versions of FB and and results go over to that thread and leave this thread for Phoenix. If we start posting statements and discussing FB it will detract from the Phoenix discussion. If you look at the original FB and Phoenix threads you will see the original overlap in participants.
  • #815
  • Nov 14, 2006 1:52am Nov 14, 2006 1:52am
Quoting wackena

I found this .doc on ForexTSD forum. It discusses method to get 99% Model Quality. It's a good read, but seems to be labor intensive. Could be worth the effort.
Wau, i didn't understand everything in that tutor, but I still like it

I have one 'lazy' question. Say, someone sucesfully complete all steps and get 99% acurate data. Is it possible, to copy that file onto another computer and that way get 99% acurate data onto that computer? That way, you don't need to understand process and you still have chance to get 99% backtesting tool lol

Mario
  • #816
  • Nov 14, 2006 1:52am Nov 14, 2006 1:52am
Quoting Hendrick
Ok guys...now it's the time to start a new demo with Mode1. I know why the Contest Version is waiting!! Hurry up!!
Hendrick's Phoenix Contest EA in the Championship compared to Phoenix Contest EA on my IBFX Live mini account last night.

Time Type Price S/L T/P
23:45 Buy 118.11 117.27 118.53 - Hendrick's Championship EA
22:30 Buy 118.15 117.30 118.56 - My IBFX Mini Live account

At present time, this Buy is in negative float.

Wackena
  • #817
  • Nov 14, 2006 3:44am Nov 14, 2006 3:44am
At this link website,
http://championship.mql4.com/2006/participants/Hendrick

I saw Hendrick's account history usd/jpy and these below trades were loss. I think that these news might make the higher risky (or volatility or create the wrong signal) for the phoenix to trade. (I'm not 100% right or not sure). I knew that we suppose to open 24/7 for phoenix although the big news happens.

1. 4273522 2006.10.06 22:00 sell 5.00 usdjpy 118.98 119.82 118.56 2006.10.11 20:33 119.82 -3 505.26
News:
10/6/2006 8:30:00 AMUS(1) September non-farm payrolls120k128k
10/11/2006 7:50:00 PMJapan(1) JPY Trade Balance248B951B

2. 4294256 2006.10.17 03:30 buy 5.00 usdjpy 119.09 118.25 119.51 2006.10.19 15:46 118.25 -3 551.80
News:
10/16/2006 12:00:00 PMUS(1) Fed Chairman Bernanke speaks
10/19/2006 8:40:00 PMJapan(1) BoJ Governor Fukui speaks----

3. 4308627 2006.10.23 20:45 buy 5.00 usdjpy 119.30 118.46 119.72 2006.10.26 18:28 118.46 -3 545.50
News:
10/24/2006 7:50:00 PMJapan(1) September Trade Balance866.9 bln yen196.0 bln yen
Hope my input can help and somebody can make the contributions for phoenix. Good luck for your championship, Hendrick. Thank you,

Santoso
  • #818
  • Nov 14, 2006 3:47am Nov 14, 2006 3:47am
You can see the past news from this website
http:
//dataDOTforextipsDOTcom/(2sxrjf55zpyxmc453xrmei45)/eventsDOTaspx
  • #819
  • Nov 14, 2006 4:18am Nov 14, 2006 4:18am
Quoting alamanjani
Wau, i didn't understand everything in that tutor, but I still like it

I have one 'lazy' question. Say, someone sucesfully complete all steps and get 99% acurate data. Is it possible, to copy that file onto another computer and that way get 99% acurate data onto that computer? That way, you don't need to understand process and you still have chance to get 99% backtesting tool lol

Mario
Mario, as I read the article for 99% Model, the creation steps makes a .fxt file that can be copied to other computers. I have not tried the method and do not know how easy or difficult it is to make a Live data feed file or to convert data from other sources.

Wackena
  • #820
  • Edited 6:56am Nov 14, 2006 4:31am | Edited 6:56am
Idea:

OP_SELL with TP=Ask-TakeProfit*Point+spread

Especialy for pairs with wide spread. For example, for CHFJPY Alpari has sp=5. And today on my acc was not enough 2p to rich TP and now it's in minus. And all res/supp lines are based on Bid charts.

What d'U think?
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