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Basket 14 EA System

  • #841
  • Sep 30, 2010 10:45pm Sep 30, 2010 10:45pm
yes i downloaded it after the correction.
Quoting frazerd
Which Phantom EA are you using? Did you download it after MC made the correction at http://www.forexfactory.com/showthre...42#post4047142 Before that change it would not open trades at all.

Can you provide a screenshot of the screen comments?
Attached Image (click to enlarge)
Click to Enlarge Name: screen.jpg Size: 241 KB
  • #842
  • Sep 30, 2010 11:05pm Sep 30, 2010 11:05pm
Quoting the-game
For everyone else, see attached for the fix
dim13, thanks for the help on fixing the issue. all is working exactly as desired now. I won't keep wasting thread space on my idea/mod, the stats link is posted so anyone can check out how it's doing any time they like.
appreciate the help guys, we'll see how it pans out over more time.
  • #843
  • Sep 30, 2010 11:06pm Sep 30, 2010 11:06pm
fredgold,
does alpari taking trades? look in your journal tab, see if anything unusual.
  • #844
  • Sep 30, 2010 11:10pm Sep 30, 2010 11:10pm
it is FXCM.no they dont take any trade.
regards
Fred
Quoting getting
fredgold,
does alpari taking trades? look in your journal tab, see if anything unusual.
  • #845
  • Sep 30, 2010 11:21pm Sep 30, 2010 11:21pm
fredgold,
skip that version, and try http://www.forexfactory.com/showpost...&postcount=840

make sure u delete gvariables.dat; clear out all the variables previous version left behind.
http://www.forexfactory.com/showpost...&postcount=782
  • #846
  • Sep 30, 2010 11:34pm Sep 30, 2010 11:34pm
i did use this one.when we supposed to get a trade after start?
fred
Quoting getting
fredgold,
skip that version, and try http://www.forexfactory.com/showpost...&postcount=840

make sure u delete gvariables.dat; clear out all the variables previous version left behind.
http://www.forexfactory.com/showpost...&postcount=782
  • #847
  • Sep 30, 2010 11:35pm Sep 30, 2010 11:35pm
Quoting fredgold3434
yes i downloaded it after the correction.
I see why now, looks like you're Dollar Profit Target in that image is $1018

None of the Phantoms are even close to that, be patient.

NOTE: The Phantoms will reset if you change timeframes or if you look at the EA settings (with or without changing them) then press OK, but they won't reset if you press Cancel instead.
This may be your issue as you don't seem to be doing anything else wrong.
  • #848
  • Oct 1, 2010 1:11am Oct 1, 2010 1:11am
Quoting fredgold3434
starting capital =$101824.97,leverage=200:1 Maxmargintouse=0.2 profitpct=1.0
i use all defualt settings.
thanks
fred
You also should be using MaxMarginToUse=1.0 (as per MC first post recommendations for 200:1 leverage)

You're using 0.2 which would take 5 times longer to reach your 1% Profit Target ($1018.25 away)
  • #849
  • Edited 8:55am Oct 1, 2010 8:04am | Edited 8:55am
Quoting the-game
You also should be using MaxMarginToUse=1.0 (as per MC first post recommendations for 200:1 leverage)

You're using 0.2 which would take 5 times longer to reach your 1% Profit Target ($1018.25 away)
Beware - MaxMarginToUse is totally different in the phantom EAs. The 1.0 for 200:1 leverage was for opening the basket trades, not add-ons. EDIT: Add-ons in the Bskt_Add EAs were 1/10 the size of the basket trades. When MC wrote the Phantom EAs he increased the size of the added trades, but still kept them small enough to not endanger your account. I would not use 1.0 - at that lot size your account will be very vulnerable if you get several trades open and they are not winners.

fredgold, the problem is the small phantom values compared to your 1018 dollar target, as the-game said. In the corrected version of the phantoms MC has the dollar target being divided by 10, which is good for smaller accounts. But it is not enough for your 100,000(+) account. Try changing it to 1/100,but don't ask me how to do it. MC or the-game or any other programmer will know how.

That's my best guess at what is causing the problem. Hope it helps.
Frazer
  • #850
  • Oct 1, 2010 9:50am Oct 1, 2010 9:50am
Quoting tazmaan
dim13, thanks for the help on fixing the issue. all is working exactly as desired now.
You're welcome. Glad it's working according to plan. I'm going to try it out starting next week.

I'm a little confused now on the MaxMarginToUse parameter for the Phantom EAs, for 50:1 on a MINI account (1 pip for 1.00 Lot = $1). I currently have it set at 0.3 (Lots 0.01, ProfitPct = 0.75) - no equity pops this week. What would you guys recommend for 50:1 MINI ? Thanks
  • #851
  • Oct 1, 2010 10:02am Oct 1, 2010 10:02am
Quoting fredgold3434
yes i downloaded it after the correction.
The profitable phantom trades aren't reaching the DollarProfitLevels needed to trigger trades.

It's problematic getting it automatically proportional for every account type and every leverage level.
Open to new approaches.
  • #852
  • Oct 1, 2010 10:06am Oct 1, 2010 10:06am
Quoting dim13
You're welcome. Glad it's working according to plan. I'm going to try it out starting next week.

I'm a little confused now on the MaxMarginToUse parameter for the Phantom EAs, for 50:1 on a MINI account (1 pip for 1.00 Lot = $1). I currently have it set at 0.3 (Lots 0.01, ProfitPct = 0.75) - no equity pops this week. What would you guys recommend for 50:1 MINI ? Thanks
50:1 on a IBFX mini account is what MC trades. The MaxMarginToUse on the phantoms should not change with leverage. Just leave it alone. Use the setting MC made default unless you just want to experiment with increased risk.
Frazer
  • #853
  • Oct 1, 2010 10:07am Oct 1, 2010 10:07am
so can you please tell us how can we adjust the setting for different account size and leverage level?
regards
fred
Quoting MetaCoder
The profitable phantom trades aren't reaching the DollarProfitLevels needed to trigger trades.

It's problematic getting it automatically proportional for every account type and every leverage level.
  • #854
  • Oct 1, 2010 1:34pm Oct 1, 2010 1:34pm
Quoting the-game
Hi MC,

I can confirm that his coding is correct.

All he is doing for that section of code is to see if a phantom pair is < -20pips and see if any existing real open orders for that pair are in profit.

It can happen.

It's basically the mirror image of the original Phantom strategy.
Let's first makes sure we're referring to the same section of code.

It's this I'm referring to:
Inserted Code
 
      if (PL_Array[i] <= PipTarget4Reverse            &&
          AllSymbolTradesInProfit(SymbolArray[i]) &&
         !SymbolMarked(SymbolArray[i]))
      {
        if (i < 7)
        {
          Comment("Reversing a " + SymbolArray[i] + " buy trade...");
          Print("Reversing a " + SymbolArray[i] + " long.");
          OrderSend(SymbolArray[i],OP_SELL,UseLots,MarketInfo(SymbolArray[i], MODE_BID),
                    Slippage,0,0,"Reversing a long loser",MagicNumber,Blue);
          MarkSymbolAdded(SymbolArray[i]);
          Sleep(1000);
        }
        else
        // if (i >= 7)
        {
          Comment("Reversing a " + SymbolArray[i] + " sell trade...");
          Print("Reversing a " + SymbolArray[i] + " short.");
          OrderSend(SymbolArray[i],OP_BUY,UseLots,MarketInfo(SymbolArray[i], MODE_ASK),
                    Slippage,0,0,"Reversing a short loser",MagicNumber,Red);
          MarkSymbolAdded(SymbolArray[i]);
          Sleep(1000);
        }
      }
It had slipped my mind that AllSymbolTradesInProfit(SymbolArray[i]) will return true if no trades are open on the pair yet.

Now that I'm past that, I think the tactic bypasses the relative safety of staying inside the hedge framework. If you are happily trading along and the wind is at your back, you will see fast profit.

If there is a reversal when you have a lot of trades open, the drawdown might not be overcome because you could have many pairs committed to one direction.
Open to new approaches.
  • #855
  • Oct 1, 2010 1:38pm Oct 1, 2010 1:38pm
Quoting the-game
I see why now, looks like you're Dollar Profit Target in that image is $1018

None of the Phantoms are even close to that, be patient.
He could find this section in the source code:
Inserted Code
 
void AddIfNeeded()
{
  if (TimeMinute(TimeCurrent()) != 0) ClearSymbolMarks();
  if (BidsHaveChanged &&
      TimeMinute(TimeCurrent()) == 0 &&
     !CloseAll)
  {
    for (i = GBPUSDidx; i <= EURCHFidx; i++)
    {
      if (PL_Array[i]*10.0 > DollarProfitTarget &&
And change the 10.0 to some larger value to get the comparison to evaluate true and trigger trades.
Open to new approaches.
  • #856
  • Oct 1, 2010 2:01pm Oct 1, 2010 2:01pm
Quoting MetaCoder

Now that I'm past that, I think the tactic bypasses the relative safety of staying inside the hedge framework. If you are happily trading along and the wind is at your back, you will see fast profit.

If there is a reversal when you have a lot of trades open, the drawdown might not be overcome because you could have many pairs committed to one direction.

Yeah, as is what's happening currently, will have to see what ends up happening with it next week.
  • #857
  • Oct 1, 2010 10:31pm Oct 1, 2010 10:31pm
Hi MC
you mean change the value 10.0 to 20.0 for $100k account?
or may be change to 15.0 even 30.0?
please make it clear for us.
thanks
Quoting MetaCoder
He could find this section in the source code:
Inserted Code
 
void AddIfNeeded()
{
  if (TimeMinute(TimeCurrent()) != 0) ClearSymbolMarks();
  if (BidsHaveChanged &&
      TimeMinute(TimeCurrent()) == 0 &&
     !CloseAll)
  {
    for (i = GBPUSDidx; i <= EURCHFidx; i++)
    {
      if (PL_Array[i]*10.0 > DollarProfitTarget &&
And change the 10.0 to some larger value to get the comparison to evaluate true and trigger trades.
  • #858
  • Edited 10:16pm Oct 2, 2010 8:56am | Edited 10:16pm
Quoting fredgold3434
Hi MC
you mean change the value 10.0 to 20.0 for $100k account?
or may be change to 15.0 even 30.0?
please make it clear for us.
thanks
Fred, you need to look at your Dollar Profit Target, then use a multiple that will put your highest phantoms at or near or maybe above the target. It is your call. MC has provided the basics, now it's up to us to make it work for our trading preferences. Most of us don't trade with as high a balance as you, so we don't have the problem. Since your profit target is 1000(+), if you wanted a phantom with +$10 value to be close to the trigger, you would need to use 100 as the multiple, making it $1000. If you want +$5 to reach the target use 200. The multiple multiplies all your phantoms by that amount and then checks to see if any have reached the target.
Frazer
  • #859
  • Edited Oct 3, 2010 9:32am Oct 2, 2010 11:30pm | Edited Oct 3, 2010 9:32am
Quoting MetaCoder
He could find this section in the source code:
Inserted Code
 
void AddIfNeeded()
{
  if (TimeMinute(TimeCurrent()) != 0) ClearSymbolMarks();
  if (BidsHaveChanged &&
      TimeMinute(TimeCurrent()) == 0 &&
     !CloseAll)
  {
    for (i = GBPUSDidx; i <= EURCHFidx; i++)
    {
      if (PL_Array[i]*10.0 > DollarProfitTarget &&
And change the 10.0 to some larger value to get the comparison to evaluate true and trigger trades.
MC, I don't find this piece of coding in AddSix. How is this problem handled in that EA? I have it on a small demo with less than $2000 balance and I'm thinking of making the multiple smaller so it will not open as many trades. I had one long stretch of 103 added trades that got me into a 20% drawdown at one point, but finally closed. EDIT: This happened during a time when my VPS provider was having problems staying connected, so the large number of trades could have been a result of that rather than the trigger being too low.

EDIT: Here's another thought for the Phantom14 $ EAs. Could we have a external variable that designates the phantom profit level that the user wants trades to be opened (PhantomTrigger4Add), similar to the pip phantom EAs, then have the EA divide the Dollar Profit Target by PhantomTrigger4Add and use that for the multiplier.

Using fredgold's example - his Profit Target is 1018 and he decides he wants a phantom profit of $+2.00 to be the PhantomTrigger4Add, so the EA divides 1018 by 2 and gets a multiplier of 509. Is that doable?

It would make the EA work for anyone with any size account, and any variable settings (ProfitPct, MaxMarginToUse,etc.) and leverage. They only need to figure out what is the best PhantomTrigger.
Frazer
  • #860
  • Oct 3, 2010 7:06pm Oct 3, 2010 7:06pm
Quoting frazerd
MC, I don't find this piece of coding in AddSix. How is this problem handled in that EA?
I can answer my own question. AddSix does not have the problem. It apparently opens any winner of the 6 pairs, regardless of amount. I watched it open a EURCHF that was up just $+0.36.
Frazer
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