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Basket 14 EA System

  • #1,141
  • Oct 18, 2010 10:35am Oct 18, 2010 10:35am
Hello MetaCoder,

I am using your Phantom_add6_02 with a great success on my live account. Thanks again for all your work you share with us.

I have a question/suggestion.
Would it be possible to make this EA so it is invisible to the broker?
I think this would make the EA perfect.

Best regards
  • #1,142
  • Oct 18, 2010 11:05am Oct 18, 2010 11:05am
Quoting vienna
Hello MetaCoder please explain
EA Phatom_AddSix_02 original-
expects profit-dollar profit target 20,33 usd-
you see the picture the ea not closed -
what is the target for the profit ?
and what is the system from the pairs?
please i am not understand...
i see ,i see.....
best regards
vienna
Vienna, your screen comments tell the story. Your Last Flat Equity was 2033.15. That could have been left from a previous EA running on the same account. If so, you can change it from the Extras tab at the top of the page - Extras > Global Variables or F3 key. Change the Last Flat Equity to your current Equity.

The Dollar Profit Target is 20.33 and that gives you a Equity Profit Target of 2053.48. The EA will close when your Equity exceeds 2053.48 unless you change the Last Flat Equity.

You are also showing a Lowest Margin % of 48.66%, which could also be left from a previous EA with the same Magic Number. You can also change that using the F3 key to reflect your current Margin Level.

The problem is that all our EAs have the same Magic Number, so when you put a new EA on a platform that had previously been running another of these EAs, it will pick up the Global Variables that are pre-existing on the platform.
Frazer
  • #1,143
  • Oct 18, 2010 11:17am Oct 18, 2010 11:17am
Quoting Pluto2
Would it be possible to make this EA so it is invisible to the broker?
Since I have no idea what that means, the answer is no.
Open to new approaches.
  • #1,144
  • Oct 18, 2010 11:26am Oct 18, 2010 11:26am
Quoting MetaCoder
Since I have no idea what that means, the answer is no.
He probably means does it use stop or limit orders for entry or TP/SL orders for exit.

The answer is still no.
You are in a maze of twisty little passages, all alike.
  • #1,145
  • Oct 18, 2010 11:58am Oct 18, 2010 11:58am
MC, have you given any thought to using the taz strategy on AddSix_02? Require all previous trades to be winners and take a opposite trade on biggest loser if it's one of the 6 pairs.
Frazer
  • #1,146
  • Oct 18, 2010 12:08pm Oct 18, 2010 12:08pm
PipPete,

Just click the PaperClip at the top of each page to find all files. Select the "Hide Images". What is listed are all of the most recent files and EAs. No need to search. Put this into your personal bag of tricks.

KingHigh
  • #1,147
  • Oct 18, 2010 12:28pm Oct 18, 2010 12:28pm
MetaCoder,

Invisible to the broker;

The broker doesn't see the magic number or comments.
So it is not clear at first glance that this is an EA trading.
A few EAs are designed this way.
Some EAs have a "hidden/invisible" TP and SL also.
I am sure that some of the more experienced traders/coders will be able to explain in more detail. Anybody?

Thanks
  • #1,148
  • Oct 18, 2010 12:58pm Oct 18, 2010 12:58pm
Quoting frazerd
MC, have you given any thought to using the taz strategy on AddSix_02? Require all previous trades to be winners and take a opposite trade on biggest loser if it's one of the 6 pairs.
I haven't seen that permutation of the strategy work well with my own eyes. I don't like it.
Open to new approaches.
  • #1,149
  • Edited 1:33pm Oct 18, 2010 1:00pm | Edited 1:33pm
Quoting Pluto2
Some EAs have a "hidden/invisible" TP and SL also.
There are NO stoplosses. Profit levels ARE invisible.

I like to keep magic numbers and comments but it is a simple matter to take them out if you wish because you have the source code.

How do you know the bröker sees the magic numbers and the comments? [EDIT] What was I thinking, of course the broker's servers see the magic numbers and comments. However I believe even if they are left out of the function calls, the broker can still see you're trading with an EA.
Open to new approaches.
  • #1,150
  • Oct 18, 2010 1:11pm Oct 18, 2010 1:11pm
Quoting MetaCoder
I haven't seen that permutation of the strategy work well with my own eyes. I don't like it.
It sure has worked well for me on the 500:1 account and has gotten off to a good start on IBFX 50:1, as well, but too early to get excited about yet.

Ref requiring previous trades to be positive, I am looking at a good example of why we might want to do that. The AddSix_02 demo that I started last night now has 7 trades, all GBPCHF and only 1 of those is a winner. The pair has been the biggest winner for several hours, but is not going anywhere except slightly down.
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenShot_002 18-Oct-10.gif Size: 43 KB
Frazer
  • #1,151
  • Edited 1:47pm Oct 18, 2010 1:34pm | Edited 1:47pm
Quoting frazerd
It sure has worked well for me on the 500:1 account and has gotten off to a good start on IBFX 50:1, as well, but too early to get excited about yet.
That's great but I won't be pursuing it further. It steps outside the safer framework of the balanced hedge and I've already seen how a reversal can catch a batch of trades and send the equity down.
Open to new approaches.
  • #1,152
  • Oct 18, 2010 2:05pm Oct 18, 2010 2:05pm
Quoting frazerd
Vienna, your screen comments tell the story. Your Last Flat Equity was 2033.15. That could have been left from a previous EA running on the same account. If so, you can change it from the Extras tab at the top of the page - Extras > Global Variables or F3 key. Change the Last Flat Equity to your current Equity.

The Dollar Profit Target is 20.33 and that gives you a Equity Profit Target of 2053.48. The EA will close when your Equity exceeds 2053.48 unless you change the Last Flat Equity.

You are also showing a Lowest Margin % of 48.66%, which...
thank you frazerd,
for their help,
I understand better.
best regards
vienna
  • #1,153
  • Oct 18, 2010 2:30pm Oct 18, 2010 2:30pm
Hi MataCoder
it seems some of the EA here have a great profitmaking performance.
after few weeks testing in the demo account,of course i would like to opena live account.

1-My question is if I prefer to open an small live account with for example $500, which parameters in setting should i change to have a very small profit to avoid just in case a big loss and margin call??

2-Or if there is no answer for the first question what is the minumum account size we should have to avoid wipe out and margin call??
I hope I'm explaining it well.
Best regards
fred
  • #1,154
  • Oct 18, 2010 2:33pm Oct 18, 2010 2:33pm
Hi
If you dont mind just for info as a reffrence,can you tell us what is the account size and broker you use?
regards
Fred
Quoting Pluto2
Hello MetaCoder,

I am using your Phantom_add6_02 with a great success on my live account. Thanks again for all your work you share with us.

I have a question/suggestion.
Would it be possible to make this EA so it is invisible to the broker?
I think this would make the EA perfect.

Best regards
  • #1,155
  • Edited 9:24pm Oct 18, 2010 2:49pm | Edited 9:24pm
Fredgold,

Live account with ActivTrades, Standard $5,000, leverage 200:1
Margin 0.4 Profit% 0.5

Margin 0.4 trades 0.4 lot, Profit 0.5% = $25.00 TP
This may be too conservative.
MetaCoder will probably know better.

I am testing the EA also on a couple of demo accounts with different, more aggressive margin and profit%.
In mean time, I am extremely happy to be conservative on my live account.

Edit: Margin 0.4 trades 0.04 lot; not 0.4 lot. Sorry, my typo mistake.

Cheers
  • #1,156
  • Oct 18, 2010 3:18pm Oct 18, 2010 3:18pm
Quoting MetaCoder
That's great but I won't be pursuing it further. It steps outside the safer framework of the balanced hedge and I've already seen how a reversal can catch a batch of trades and send the equity down.

all of my taz perform well at start, but eventually the DD will multiply to the point that's not feasible in real acct.
http://www.mt4i.com/users/gettingb14/portfolio
  • #1,157
  • Oct 18, 2010 3:26pm Oct 18, 2010 3:26pm
At this point I'll just reiterate my recommendation to noobs to try out Basket14_Add_02 in a demo account for starters. It's "safer" (if anything can be safe in this market LOL) than many of the permutations floating around in the thread that I've tried. My 1 month performance has been good with steady gains and low drawdowns.

It looks like Phantom_AddSix_02 is the most promising of the phantom series so I'm starting that up on my other demo account this evening.

So before getting all excited and funding live accounts to run these EAs, do yourself a favor and demo for a couple of months. It takes some reading, but go through this thread and you'll be able to find which variants have promise and which do not.
You are in a maze of twisty little passages, all alike.
  • #1,158
  • Oct 18, 2010 4:58pm Oct 18, 2010 4:58pm
Quoting KingHigh
PipPete,

Just click the PaperClip at the top of each page to find all files. Select the "Hide Images". What is listed are all of the most recent files and EAs. No need to search. Put this into your personal bag of tricks.

KingHigh
Thanks a lot KingHigh.. Getting, thanks for posting your portfolio. I had the same problem with the taz versions, but man, look at your Phantomaddsix1- ~40% in less than 3 wks? that is huge! what was your max DD on that, if you don't mind? Did you use min lots? (looks like it)
I'm testing that version right now..

THanks,
PipPete
  • #1,159
  • Oct 18, 2010 5:52pm Oct 18, 2010 5:52pm
Quoting pippete
Thanks a lot KingHigh.. Getting, thanks for posting your portfolio. I had the same problem with the taz versions, but man, look at your Phantomaddsix1- ~40% in less than 3 wks? that is huge! what was your max DD on that, if you don't mind? Did you use min lots? (looks like it)
I'm testing that version right now..

THanks,
PipPete
gomkt500_phanaddsix1 dd=41.27%
gomkt500_phanaddsix2 dd=9.36%
g5_phanaddsix02taz dd=21.49%(check every 15min with added script below)

(TimeMinute(TimeCurrent()) == 0 || TimeMinute(TimeCurrent()) == 15 || TimeMinute(TimeCurrent()) == 30 || TimeMinute(TimeCurrent()) == 45) &&
  • #1,160
  • Oct 18, 2010 7:37pm Oct 18, 2010 7:37pm
Quoting MetaCoder
That's great but I won't be pursuing it further. It steps outside the safer framework of the balanced hedge and I've already seen how a reversal can catch a batch of trades and send the equity down.
Here is another screenshot of Phantom_AddSix_02. It now has 11 trades, all GBPCHF and all losers. You may remember from the screenshot I posted this morning that GBPCHF was the biggest winner at +$2.17. At 2300 it was still the biggest winner. It is now at $1.71 and it looks like EURGBP has moved up to take over as biggest winner, but EURGBP is not one of the 6 pairs we are adding so GBPCHF will continue to be my only pair. Seems to me that puts my account well outside the framework of the balanced hedge and if the GBPCHF continues it's upward move and accelerates, I will have 11 trades that will become big losers rather than small ones and it will send my equity way down.

I guess my point is that none of these EAs stays within the framework of a balanced hedge. The profit comes from being out of balance in the right direction. But we have yet to come up with a system that ensures we are always on the right side of a big move, so regardless of which EA we are using there is always that chance of getting into a low equity situation. As you can see from my screenshot, AddSix_02 is certainly not low-equity-proof.

Just my thoughts on the matter for what they're worth.
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenShot_006 18-Oct-10.gif Size: 48 KB
Frazer
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