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Basket 14 EA System

  • #561
  • Sep 22, 2010 12:34pm Sep 22, 2010 12:34pm
Pinhead, sorry, I don't think anyone will be able to resolve your issue with that small amount of information. I assume you did a Show All or the EA would never have worked in the beginning.
Open to new approaches.
  • #562
  • Sep 22, 2010 12:43pm Sep 22, 2010 12:43pm
Quoting frazerd
Yes, at 500:1 leverage I believe 0.4 is the highest you should set Max Margin.

Just for information, I changed all my 500:1 demos to 0.4 a couple of days ago when you and I discussed it. It is working fine, but I don't think it's making any difference in results. What happens is both winners and losers are twice the size as before, so it takes just as long to reach the Equity Profit Target. That is my initial assessment. Seems to me that unless we raise the ProfitPct to 2, we are just increasing our risk with no increase in reward. Not good.
I was under the impression that with leverage of 500:1 the max margin should be 0.2. I think this was mentioned earlier in thread. That's what I have been using. Works fine

Paul
  • #563
  • Sep 22, 2010 12:54pm Sep 22, 2010 12:54pm
Here's a little more info.
Attached File(s)
File Type: pdf DetailedStatement.pdf   61 KB | 286 downloads
  • #564
  • Sep 22, 2010 1:04pm Sep 22, 2010 1:04pm
Anyone testing Basket14_Add_02aa, and Basket14_Add_02c ? I started testing these 2 about 24 hours ago and no trades yet. I'm sure I have everything set up correctly.
  • #565
  • Sep 22, 2010 1:17pm Sep 22, 2010 1:17pm
Quoting forexripper
Should I leave maxmargin at 0.4 and profit at 1.25 or change something here. Thankx
That's up to you.. it should work OK. If it's a demo it will be good to test some higher ProfitPct settings anyway. For live trading I'm going to leave MaxMargin at 0.2 and ProfitPct at 1. I know that works well and I like the safety of the lower MaxMargin.
Frazer
  • #566
  • Sep 22, 2010 1:22pm Sep 22, 2010 1:22pm
Quoting paulbt38
I was under the impression that with leverage of 500:1 the max margin should be 0.2. I think this was mentioned earlier in thread. That's what I have been using. Works fine
Paul, yes, I did put that out early in the thread, but then MC doubled his recommended setting for 100:1 leverage, so I figured we could double the 500:1 MaxMargin, as well. It does work fine and is probably pretty safe, but I can't see that it is giving me any additional profit, so why take the extra risk?
Frazer
  • #567
  • Sep 22, 2010 1:32pm Sep 22, 2010 1:32pm
Quoting dim13
Anyone testing Basket14_Add_02aa, and Basket14_Add_02c ? I started testing these 2 about 24 hours ago and no trades yet. I'm sure I have everything set up correctly.
They look for a 24-hour spike in RVI delta between the two sides of the hedge, so it can take a while for trades to open.

I will be testing a slightly modified 02c that opens with the same logic as 02 but adds trades under slightly different logic. If it works well, I'll post the EA.
Open to new approaches.
  • #568
  • Sep 22, 2010 1:59pm Sep 22, 2010 1:59pm
Quoting Pinhead
Here's a little more info.
I'm sorry, a statement can't tell us why only 7 trades are opened. Something must have changed with your trading platform, or perhaps you have margin issues. Is your account standard or mini? Probably standard. The exchange rates appear to be missing digits and the dollar amounts in the trades are very high for a $10k account. I urge everyone to make a serious study of account types, leverage, margin, equity, balance, lot sizes and the relationships among them. If those things aren't well understood, one should stay away not only from EAs but from trading altogether.
Open to new approaches.
  • #569
  • Sep 22, 2010 3:07pm Sep 22, 2010 3:07pm
This one has closed twice more already today and both times the Original trades had a negative or near negative total value, with the add-ons accounting for all the profit.

MC, doesn't this suggest the possibility of reserecting the phantom trades? And maybe opening larger lots of the add-ons? Which, of course would not be add-ons if we are using phantoms.
Attached File(s)
File Type: xls Bskt14_Add_01_500-1.xls   101 KB | 238 downloads
Frazer
  • #570
  • Sep 22, 2010 3:31pm Sep 22, 2010 3:31pm
Yes Frazer, I've had those same thoughts. As you obviously understand very well, with phantoms, we won't have negative open trades from the original 14 because they won't be there. And we'll have more margin for the add-ons.
Open to new approaches.
  • #571
  • Sep 22, 2010 3:36pm Sep 22, 2010 3:36pm
Quoting MetaCoder
Yes Frazer, I've had those same thoughts. As you obviously understand very well, with phantoms, we won't have negative open trades from the original 14 because they won't be there. And we'll have more margin for the add-ons.
Exactly!! Sure sounds like a real deal.. if the Add_01 logic continues to perform as it is right now, with the larger lot sizes and no negative original trades we would be scooping up 1% profit very quickly.
Frazer
  • #572
  • Edited 6:54pm Sep 22, 2010 5:47pm | Edited 6:54pm
I haven't had a chance to test this yet. With this much code, bugs are almost inevitable because even when I think I nailed it on the first try, there is usually at least one issue.

This will not open real trades until at least one phantom trade is 20 pips in the good. If that is the case during minute 0, trades will be added in the direction of pairs that have gained at least 20 pips. You can change the default 20 by altering the PipTarget4Add setting.

You can track phantom buy and phantom sell pips in the screen comments. I list pips by individual pair, by phantom buys as a group, by phantom sells as a group, and then as an entire group.

It is complicated to track phantom PL by dollar amount and I can surely crack that little problem given time, but for now I have chosen pips. Yes I do know what's involved code-wise, so no need to chime in, you coding wizards out there.

Default for MaxMarginToUse is 0.2, default for ProfitPct is 1.0. I intend to test with these settings on a 50:1 leveraged demo.

There is significant new code here (actually some older code surgically fitted into the newer Add code), so don't expect bug-free operation at first.

Please report anomalies you see and I'll upload corrections as soon as I can. I'm busier than usual these next several days all the way through the weekend so please be patient.
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V
Attached File(s)
File Type: mq4 Phantom14_Add_01.mq4   46 KB | 266 downloads
Open to new approaches.
  • #573
  • Sep 22, 2010 5:53pm Sep 22, 2010 5:53pm
Just a quick up date on b 14-01 started 9/9 0000gmt

Settings: 3000k demo/marg 2.0/prof pct 0.8/ET 2/50:1 lev

current equity 3298.98 {9.96% gain since 9/9/10}

Nice and steady seems to close out a leg about once per day.
avg about 2.5 cut and reverse per leg.

Also testing basket 14-add04 Up 12.3% since sunday. But that is deceptive because Im using fxopen demo didnt realize min trade size is .1 {1$ per pip} so for my account size way way too risky. But it hasnt blown up yet so Ill keep it going see what happens {lowest margin 112%}.
  • #574
  • Sep 22, 2010 5:56pm Sep 22, 2010 5:56pm
Now that is what I call fast work.. thanks MC.
Frazer
  • #575
  • Sep 22, 2010 6:08pm Sep 22, 2010 6:08pm
Frazer, if this sounds familiar, it should, because it's VERY close to a phantom-based EA we did a while back.

There are some key differences, though.

One, we only let 14 trades get opened with the old EA. Two, we used much more margin per trade. Three, we trimmed losers at a regular interval.

With this new EA, we are not imposing a limit on the number of trades we can open, despite the presence of the MaxTrades setting. It's not used, I didn't mean to leave it in [UPDATE: just removed it and reuploaded].

We are using much less margin per trade.

We are not trimming losers.

My intent is for this to behave a lot like Add_01 but without the original basket of 14 opened as real trades.
Open to new approaches.
  • #576
  • Sep 22, 2010 6:34pm Sep 22, 2010 6:34pm
Skoda_02 had a fantastic run on my new $1K 500:1 demo account.

Roughly 6.5% gain in about 12.5 hours... woah!

But of course there is the law of averages, will report back in a week.

ET: 2
MaxMarginToUse: 0.4
ProfitPct: 1.0
RegressionLength: 10
Attached File(s)
File Type: doc DetailedStatement.doc   217 KB | 285 downloads
  • #577
  • Sep 22, 2010 6:45pm Sep 22, 2010 6:45pm
Quoting forexripper
Do I need to change anything? My demo is of $2000 with lots opening 0.1 each. Leverage is 500:1. Do I need to change the MaxMarginToUse? Thanks for your help
Have a look at my settings above, you are using too much Margin per trade.

If you used 0.4 like I do, the lot per trade for you on starting capital of $2K would be a more comfortable 0.04

2000 * (0.4 / 100) * (500 / 100000) = 0.04
  • #578
  • Sep 22, 2010 7:13pm Sep 22, 2010 7:13pm
Quoting MetaCoder
I'm sorry, a statement can't tell us why only 7 trades are opened. Something must have changed with your trading platform, or perhaps you have margin issues. Is your account standard or mini? Probably standard. The exchange rates appear to be missing digits and the dollar amounts in the trades are very high for a $10k account. I urge everyone to make a serious study of account types, leverage, margin, equity, balance, lot sizes and the relationships among them. If those things aren't well understood, one should stay away not only from EAs but from...
I was thinking something may have happened to the platform, too. Margin isn't the issue, as there's $8300 available. It allows manual trading with no problem. Settings are default. I'm just gonna pull the plug on this one.
  • #579
  • Sep 22, 2010 7:19pm Sep 22, 2010 7:19pm
Quoting MetaCoder
My intent is for this to behave a lot like Add_01 but without the original basket of 14 opened as real trades.
That's exactly what I was hoping for. Great. I'll get it running tonight.
Frazer
  • #580
  • Sep 22, 2010 7:20pm Sep 22, 2010 7:20pm
Quoting MetaCoder
I haven't had a chance to test this yet. With this much code, bugs are almost inevitable because even when I think I nailed it on the first try, there is usually at least one issue.

This will not open real trades until at least one phantom trade is 20 pips in the good. If that is the case during minute 0, trades will be added in the direction of pairs that have gained at least 20 pips. You can change the default 20 by altering the PipTarget4Add setting.

You can track phantom buy and phantom sell pips in the screen comments. I list pips by...
Nice work, can't wait to try this one out!

Quoting the-game
Skoda_02 had a fantastic run on my new $1K 500:1 demo account.

Roughly 6.5% gain in about 12.5 hours... woah!

But of course there is the law of averages, will report back in a week.

ET: 2
MaxMarginToUse: 0.4
ProfitPct: 1.0
RegressionLength: 10
I have had Skoda_02 running with en ET of 2 and RegressionLength of 96 for approx 22hrs now & it has had 5 equity pops in that time. Maybe it's not sa bad as I thought? Early days though.
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