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Basket 14 EA System

  • #681
  • Sep 24, 2010 2:35pm Sep 24, 2010 2:35pm
So tazmaan since you have possibly the most experience among us watching the Phantom concept as it is intended to work, do you think it looks better than the EAs that first open the 14 trades and then start adding?
Open to new approaches.
  • #682
  • Sep 24, 2010 2:44pm Sep 24, 2010 2:44pm
Need more time to come to a conclusion on that, but I do really like the concept of the phantom. basically just trying to add trades while they are moving in the right direction, without the experimental beginning trade to hold us back while we figure it out
In my mod, i have it taking a reverse of the trades that are -20 pips and more as well, which makes sense to me.
We'll see after a week or so if it holds any value i guess.
  • #683
  • Edited 3:11pm Sep 24, 2010 2:49pm | Edited 3:11pm
As frazerd's well notated spreadsheets show us, the 14 initial trades really do hold us back most of the time. They usually contribute negatively, but the add-on trades overcome the initial trades and we reach our profit goal. So having only the add-ons and no real initial trades but virtual/"phantom" trades as our reference should prove to be a superior strategy.
Open to new approaches.
  • #684
  • Sep 24, 2010 3:29pm Sep 24, 2010 3:29pm
Quoting tazmaan
In my mod, i have it taking a reverse of the trades that are -20 pips and more as well, which makes sense to me.
In choppy seas I think your accounts will get pretty beat up with that tactic.
Open to new approaches.
  • #685
  • Edited 3:44pm Sep 24, 2010 3:33pm | Edited 3:44pm
Yeah, we'll find out soon enough I am sure

however, i don't see it being SO different than just taking >+20 pip addons. a long eu phantom that is >20 pips in profit, is the same as a short eu phantom that is >-20 pips in loss.
At least that's how my mind is working through it anyhow. time will tell how wrong I am
  • #686
  • Sep 24, 2010 4:01pm Sep 24, 2010 4:01pm
Meta in one of my posts something similar I had suggested. i.e. phantom trades and taking trades in live account which get into profits. I talked about trade only which trim and reverse and keep target small to close them all. Hwoever, I am still not sure how to limit the losses if those winners eventually turn out to be losers (assuming they do so before the equity pop).
  • #687
  • Sep 24, 2010 4:04pm Sep 24, 2010 4:04pm
+20 trades only applies to those in Sell basket i.e. any buy basket trade (phantom) gets to +20 trade for add on opened so is true for any sell basket trade (phantom) which gets to 20 pips profit. So why consider -20? May be u r trying to sell the buy basket trades if they get -20. Right? Will have more trades opened that way. It is kind of taking only trades which trim and reverse, which in this case would be trimmed when -20
  • #688
  • Sep 24, 2010 4:24pm Sep 24, 2010 4:24pm
phantom 02 doesnt take them in baskets, only individual pairs which are > piptarget4add.
I dont believe there is trim and reverse in this version either.
  • #689
  • Sep 24, 2010 4:25pm Sep 24, 2010 4:25pm
Quoting forexripper
Hwoever, I am still not sure how to limit the losses if those winners eventually turn out to be losers (assuming they do so before the equity pop).
More trades will be added to the new winning pairs. This offsets the losses and eventually tips the account to profit.
Open to new approaches.
  • #690
  • Sep 24, 2010 4:26pm Sep 24, 2010 4:26pm
Quoting MetaCoder
Very interesting, were you using the corrected Phantom EAs or the ones uploaded yesterday?

I used the original with the error not corrected and using 20 pips for add ons. But later I corrected the eruchf thing. The profit was generated without eurchf.

p777m
  • #691
  • Sep 24, 2010 7:05pm Sep 24, 2010 7:05pm
Just a data point. I've been testing Basket14_Add_02 and Basket14_Add_02aa this week on separate demo accounts. The aa version is getting beat up pretty bad but the straight Basket14_Add_02 seems to be doing pretty well with little pain.

I believe MetaCoder is testing Basket14_Add_02 as well. My results seem to agree with his.
You are in a maze of twisty little passages, all alike.
  • #692
  • Edited Sep 25, 2010 12:09am Sep 24, 2010 11:20pm | Edited Sep 25, 2010 12:09am
since we shouldn't be manual trading or have any other EA on.... would this not mean we would need a seperate computer so we can let basket 14 run continuously?

even on two seperate computers, i don't know if my same live a/c could be opened seperately. i may have to have 2 seperate computers and 2 seperate live a/c's.

one for my normal trading, and another just to leave it running.

edit: not to be rude, but there seems to be so many different versions everyone is testing. if i use a 3k live a/c and use: Phantom14_Add_01a-the-game.mq4 (48.9 KB, 20 views) will that work?

or are things still being sorted out and i should demo first?
  • #693
  • Sep 25, 2010 1:30am Sep 25, 2010 1:30am
Quoting chiba_san
since we shouldn't be manual trading or have any other EA on.... would this not mean we would need a seperate computer so we can let basket 14 run continuously?

even on two seperate computers, i don't know if my same live a/c could be opened seperately. i may have to have 2 seperate computers and 2 seperate live a/c's.

one for my normal trading, and another just to leave it running.
You can run numerous platforms on one computer - why do you think you can only run one?
Quote
edit: not to be rude, but there seems to be so many different versions everyone is testing. if i use a 3k live a/c and use: Phantom14_Add_01a-the-game.mq4 (48.9 KB, 20 views) will that work?

or are things still being sorted out and i should demo first?
You should never trade any EA live without running it on a demo first to see for yourself how it works and be sure you are comfortable with it before you trade it live.
Frazer
  • #694
  • Sep 25, 2010 2:38am Sep 25, 2010 2:38am
really? that's great!

can you show me how i can open an additional MT4 on the same computer? i'm using fxcm.

thanks
  • #695
  • Sep 25, 2010 3:19am Sep 25, 2010 3:19am
Quoting chiba_san
really? that's great!

can you show me how i can open an additional MT4 on the same computer? i'm using fxcm.

thanks
Just download another platform, and mark it #2 or put a name to it to make it a different folder.
  • #696
  • Sep 25, 2010 6:17am Sep 25, 2010 6:17am
Quoting MetaCoder
We use Beyond Compare at work. Invaluable.
WinMerge
  • #697
  • Edited 7:29am Sep 25, 2010 7:12am | Edited 7:29am
Quoting MetaCoder
Also, Phantom 01a probably won't open trades as-is because I didn't multiply PL_Array[i] by 10.0.
Hi MC,

I'm not entirely sure what your intent is but I think this mod is not needed, as it is taken care of by the following lines for each pair:

E.g.

Inserted Code
EURCHF_PL = (EURCHFbid - MarketInfo(EURCHFsym, MODE_ASK)) / EURCHFpoint;
EURCHF_PL *= TickvalArray[EURCHFidx]*UseLots;
PL_Array[EURCHFidx] = EURCHF_PL;

The 01a EA was working fine without your modification.

With your modification it would open trades if the pair's profit is 1/10th of the DollarProfitTarget.

Was this your intent?
  • #698
  • Sep 25, 2010 7:14am Sep 25, 2010 7:14am
Hi MC and Frazerd

Great thread. You have done an incredible job with coding MC and analysis Frazerd. Thank you for all your efforts!

MC - I just loaded the phantoms yesterday and noticed when I re-compiled the EA's that the phantoms reset. To keep these EA's consistent with Basket14_01 and Basket14_Add_01, wouldn't it be necessary to keep the original phantom information until all activity is closed by the close all function.

As you know, I have dabbled in coding a bit, but am not sure how to avoid the phantoms from resetting.

As always, thanks for all your efforts MC and Frazerd.

Mark
  • #699
  • Sep 25, 2010 7:42am Sep 25, 2010 7:42am
Put them into Global Variables dude
  • #700
  • Sep 25, 2010 9:05am Sep 25, 2010 9:05am
yes. thanks for that. it's been all sorted out.

which version are you testing, sir?

Quoting sanyhuis
Just download another platform, and mark it #2 or put a name to it to make it a different folder.
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