basket 14-add02 is running almost 3 weeks with -30% profit .is anybody else has the same problem?
it seems that EA does not work well at all.
regards
Fred
Anyone still running the older versions, like basket14_02 and basket14_03?
My 02 running since 9/8 just finally closed out a long running basket, after a trim or two. It's now sitting at 16% gain since 9/8, max odd of 11%.
It's a slow one, but seems pretty safe to me.
14_03 started the same time, is sitting at 8.7%, and even if it manages to get a pop this week, will probably only hit 10% gain, so is a good comparison of the two so far.
Anyone still running the older versions, like basket14_02 and basket14_03?
My 02 running since 9/8 just finally closed out a long running basket, after a trim or two. It's now sitting at 16% gain since 9/8, max odd of 11%.
It's a slow one, but seems pretty safe to me.
14_03 started the same time, is sitting at 8.7%, and even if it manages to get a pop this week, will probably only hit 10% gain, so is a good comparison of the two so far.
Ignored
Tazmaan
I am running Basket14_02. Current leg been running 8 days now but looks like it is slowing getting there.
I am running Basket14_02. Current leg been running 8 days now but looks like it is slowing getting there.
Paul
Ignored
Me too, and it's been down to less than 50% of my starting capital. After this close, assuming it closes, it will be basket's last trade for me. The swaps start to add up on 14 currency pairs over several days/weeks as well.
Anyone that is running a Basket14 EA with ET2 is probably in a big drawdown right now. I am running Basket14_01 on 2 demos, 1 is ET2 and the other ET3. The ET2 has 28 trim and reverse trades and is over $1000 away from closing. It has not closed since 22 Sep. ET3, on the other hand closed twice last week and has not trimmed since the last close on 28 Sep, so it is just $120 away from a close.
In a choppy market ET3 will always outshine ET2 and seldom have a very big drawdown. However, over the long term ET2 will be more profitable if it survives. So far it has survived very well, but this may be it's biggest test.
I've said it before and I'll say it again, if you do not like big drawdowns use ET3. Or better yet, I think we are all going to be better off using the Phantom add EAs. I believe we have moved beyond the Basket14 era.
Hey tazmaan, I started a demo with your mod last night shortly after the market opened. I am being much more conservative than you with MaxMarginToUse set at 0.1 and ProfitPct 0.5. It has closed 3 times already for about 1.28% profit. I have it on a 500:1 GoMarkets account. EDIT: Biggest Floating loss $-163, -3.14%.
Nice to see, hopefully we'll see some nice gains from your conservative settings over the next few weeks. Mine has hit a rough spot, we'll see if it can carve its way out.
I've been testing a concept for a while and will test it for a while longer before I post EAs that implement it.
The concept is to open trades during minute 0 when a pair is the biggest phantom winner (in dollars/cents, not pips).
This tends to limit the number of trades and I have verified that it can get us to profit. It also avoids having to mess with proportionality; we bypass the need for comparing a phantom trade's PL against DollarProfitTarget.
This concept can be applied to all 14 pairs or to a subset of the pairs, such as the ones found in AddSix.
I've verified that equity pop can be reached this way.
A further restriction you can add is to only add a trade when all other trades on that pair are in profit, as we have done elsewhere. I don't know how many of us are fond of that criterion.
The first AddSix EA, and the only one posted here so far, adds trades on any phantom pair that is in profit during minute 0. That criterion is very loose so it can lead to a lot of trades. My demo finally closed a LOT of trades for profit on Friday. Margin had gotten dangerously low.
I then started running an AddSix version that only opens a trade for a pair if it is the biggest phantom winner in minute 0. This gave me a much quicker profit closure.
This is one of my observations that validates the tactic of trading biggest phantom winners.
Hi MC
I have a question regarding Phantom14 game. when phantom game did the profit,should i reset it for the next making profit or just leave it by itself,it will do it the next and so on.
thank you
fred
I then started running an AddSix version that only opens a trade for a pair if it is the biggest phantom winner in minute 0. This gave me a much quicker profit closure.
Ignored
Could you post the modified AddSix as AddSix_02. I kind of like the AddSix idea and that mod would improve it greatly. I'd like to load it on top of my AddSix demo that is already running and is down about $120 now to see how quickly it can recover.
Hi MC
I have a question regarding Phantom14 game. when phantom game did the profit,should i reset it for the next making profit or just leave it by itself,it will do it the next and so on.
thank you
fred
Ignored
If you want it to always trade exactly the same, you would have to reset after every close.
and for reset,we have to delete global variable,right? how about the setting"stop after no trade" true or false in the EA?does it not works?
thank you very much
fred
