Basket 14 EA System

thegame,
ok, so what i see so far it's darn close. If you have time, maybe you can explain to me why this line gets commented out:

/*if (TimeMinute(TimeCurrent()) != 0)*/ ClearSymbolMarks();

I took that to mean that every hour, it clears the previous trades that were added in the global variables, so it can look again to see who the biggest winner/loser is and whether there is a previous trade that is profitable in order to add. So it didn't dawn on me to just comment it out, thought it was where I had to add the 30min check and have it clearmarks at 0 and 30.

Not sure if that is the issue that I see so far, but I believe it was what someone fixed for me last time? What I saw instantly was eurjpy being the biggestwinner on it's first check, it opened the ej trade twice. Other than that, looks like its working well, but it'd be nice to not allow it to open a trade more than once per check.
The prior fix was when I had it set to 0 || 30 instead of 0 && 30, so maybe the same issue happening here?

Have a look at your ORIGINAL mod from Add_02.taz and have a look at mine (that I recently posted a few posts back) at that same line.

They look different, but in fact they produce the same result.

As dim13 pointed out your mod would always be true, therefore ClearSymbolMarks() would always be called.

That is why I commented out that if statement.

NOTE: ClearSymbolMarks() just clears all pairs that they have already been marked as added.

In reality your mod does not need to call ClearSymbolMarks() at all as long as the !SymbolMarked(SymbolArray[i]) && MarkSymbolAdded(SymbolArray[i]) code is removed.

Now for the *fixed* taz-mod you just have to add this line in front of the ClearSymbolMarks() code:


But as I said last week, this mod will not allow the EA "ride" the momentum, so you would need a smaller ProfitPct value.

taz, when I said earlier that I have been using your original Add_02.taz mod, I did mean THE original one you posted, not the fixed one.

I hope I have not confused you

I've seen that happen also and wondered why.

I truly have no idea, I've scanned the code over and over and cannot figure out why.

All I can put it down to is that when the EA tried closing everything, at that moment the market direction rapidly changed (reversed quickly or continued quickly).

So if you have a LOT of trades it will take around 1 second for each trade to close based on MC's original coding.
A lot can happen in that 20-30 seconds (i.e. 20 - 30 trades to close).

It has it's good side, where the trade direction agrees with the rapidly continuing market direction and you can end up in almost double your profit target.

I've modified the lines "Sleep(1000);" to "Sleep(100);", but that still managed to happen to me.

Yeah, sorry, I am still totally confused as to what that line does and whether it should be commented out or not lol.
I'll add it and see if that fixes the issue, or makes it worse I guess.

On your other comments about the closure amount,
Having had alot of experience trading ea's that use a global equity closure (gec) method, it's uncommon at all to have trades try to close at 1% and by the time they managed to get all closed, to end up with a very different result.
These particular ea's aren't the fastest in the world at closing trades, and that could be something that could be improved, but i don't think its extremely important. It's random whether the market is moving against u or with u at the time u are trying to close trades, so one time you might get .9%, other times u might get 1.3%. So to me it's not a big concern yet.
I do have to say I like things to mass close as fast as possible, but this is something that can be addressed at a later time probably.

Your mod without the fix allows the EA to add to the pair with profitable trades every half hour, and it will check every tick if it can add.
*** EDIT: This basically means it will add trades during the 00 or 30 minute marks (i.e. for the whole minute each half hour if it sees that it can)

Your mod with the fix does the above but only checks every half hour to see if it can add.
*** EDIT: This means that it will only be able to add once every half hour.

You know where I stand (no fix) as it rides the market momentum.

ok, think i understand then. I think my confusion is that with my original mod that I uploaded and hacked up myself, i havent seen it trying to take a trade every tick, only once per half hour. So that's where I got confused I guess.
I have added the line and that should get me back to only one trade per half hour per condition thanks

Sorry, yes I have confused you there.

What I meant to say is that your original mod called ClearSymbolMarks() every tick, hence allowing the EA to check if it can add on every tick in that whole minute of 00 or 30.
But it did indeed only add to a pair's profitable trades every half hour.

AHHH, ok I am completely clear now, thanks!
And sorry to the thread for all of my drivel, hopefully we can get back on track.

Hi MC,

Regarding your AddSix EAs, have you thought about only accounting for the six pairs chosen?

What I mean to say is to ignore all other pairs throughout the code.

We are planning to write an EA that is very similiar to the IBFX
partial close platform.. I am doing some research and would really like to know
its linkage to the program discussed in this thread namely the
Phantom... please consider this request with patience as we are
rather new to this platform and trading environment...where do I get the code and implementation..

thanks,

I have a question regarding the "Tick".is it same as a pip?
if not what does tick mean exactly ?
regards
Fred

a tick is a movement of price.
any time price moves is referred to as a tick

A thick is every time the bid/ask price of a pair changes.

Hi,

i'm relatively new and i follow your posts since a few days.
I get a thought concerning the parameter you enter in the EA.

I'm sure that you know that the parameters which can be entered within the EAs are not perfect and are always to be improved. I mean than the 1% Profit to be reach is a condition to close the orders. Same with the >+20 pips or <-20 pips to enter a trade with the Phantom EA.

But I have a question with that. don't you think that the fact to have "numbers" as condition to eneter or close orders could not be right every days. I mean, the volatility can change like the trends, like the range...

So i like the first idea of the first version, instead of the Phantom one (even if the Phantom is apparently better from your last posts, if i'm right).

So my question is the following, and i hope i won't hurt anyone. Do you think that this is possible to make en EA, based on your ideas of hedging, that does not use this entering parameters ?

because the +/-20 pips could be 30 pips the week after (for the EA to performs well) and 15 the week after again...Or maybe is it possible to based this on the ATR index ?

Regards

PS maybe you have already thought about that, but i think i did not read something like that on your posts.

Like MC said in his FAQ link on page 1, if you think it's a good idea try coding it yourself.

Please keep in mind that this thread is still in it's infancy/experimental stage.

Hello,

I'm new in the forex world. I've been watching this thread and some of the post. It appears that the Phantom ea is very good. However. I installed it in my demo and after a few hours, I see a few pairs on the positive and more in the negative.
Any idea on how I can control the take profit/stop loss. I'm using a demo with $1000 balance and 1:500.
Thank you in advance for your help.

I'm using the Phantom14_add_02.taz

Is the smallest lot on your account 0.1 or 0.01?
I have this version (the one from post #839 !!!) running since this morning 08:45.
My demo account was $2537,7 when I started it. 200:1 leverage. Smallest lot 0.01.
My settings are:
Max margin to use: 0.4 ( I started it with 0.1 but changed it after an hour or 2 to get it faster to the $ profit amount)
ProfitPct 0.5
I believe these where the standard settings.

At this moment there are no trades open, but it has closed 5 times for an 0,5% profit today! Account now is $2606,82
The lotsize it opened was 0.05. (except for the first ones which were 0.01) Max floating drawdown was -0,51%

It guess you should play a bit with the max margin to use (and/or the profitpct) When it opened the first ones with 0.1 max margin to use, the most profit for all the open trades I saw was $3.50. So I guessed when it opens 4 times bigger lots, it should have reached the 0,5% profit at that time, which was $12,68. (4x $3.50) Thats why I changed it to 0.4