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Basket 14 EA System

  • #1,341
  • Oct 25, 2010 2:42pm Oct 25, 2010 2:42pm
Quoting Caillou
Hi all,

Started demo account 10.000$, Leverage 200:1, MaxMargintoUse: 0.5 (0.1 lots), ProfitPct: 0.75 (Ratio MaxMargintoUse/ProfitPct: 0.67), running since 14h00 (GMT+2) in VPS.
Since now, max DD: 0,3%...seems slow but safe....only 2 trades (1 winning, 1 loosing). I think overtrade is usually a mistake, we are all very impatient...
For me a very clean and pure ea...will have good results sure...thanks MC...
Will post results....
For now AddSix 03b is my best shot at a clean & pure EA. I am waiting to see if resetting the phantom trades every 8 hours is helpful or not.
Open to new approaches.
  • #1,342
  • Oct 25, 2010 2:52pm Oct 25, 2010 2:52pm
Quoting MetaCoder
No problem, I hope we can help you trade forex with ease and confidence, and of course, profit!
I am confident.
best regards
vienna
  • #1,343
  • Oct 25, 2010 5:18pm Oct 25, 2010 5:18pm
Hello all,

It is morning in my part of the world. During the night Phantom_Addsix_02.taz churned out another profit, now 8 in the last 24 hours and 3 from last Friday. Maximum drawdown was $450 on a $10000 demo.

Phantom_Addsix_03b has been operating 24 hours with no wins and is currently in a DD Of $1150 on $10000 demo.

A little confusing as this is very contradictory to what most others are seeing.
I suppose the best option is to keep testing and see what develops.

Thanks for your prior comments, much appreciated.

Regards.
  • #1,344
  • Oct 25, 2010 5:40pm Oct 25, 2010 5:40pm
Quoting aajduk
A little confusing as this is very contradictory to what most others are seeing.
A short amount of time with any strategy isn't a good indication of what it will do in all market conditions (obviously). When a taz version gets caught with a lot of open trades during a sharp reversal, you'll see the downside of it.

Also you could have different settings on the different EAs. Are the lot sizes the same?
Open to new approaches.
  • #1,345
  • Edited 5:59pm Oct 25, 2010 5:46pm | Edited 5:59pm
With the taz versions and some of the other EAs, it might be worthwhile to put the following code at the start of the AddIfNeeded function:

Inserted Code
 
  if MathMod(TimeHour(TimeCurrent()),8) == 0.0 && 
      TimeMinute(TimeCurrent()) == 1)
  {
    ResetPhantoms();
  }

This resets the phantom trades every 8 hours. The advantage of this is that we catch changes in market direction sooner.
Open to new approaches.
  • #1,346
  • Oct 25, 2010 7:59pm Oct 25, 2010 7:59pm
Quoting MetaCoder
With the taz versions and some of the other EAs, it might be worthwhile to put the following code at the start of the AddIfNeeded function:

Inserted Code
 
  if MathMod(TimeHour(TimeCurrent()),8) == 0.0 && 
      TimeMinute(TimeCurrent()) == 1)
  {
    ResetPhantoms();
  }

This resets the phantom trades every 8 hours. The advantage of this is that we catch changes in market direction sooner.
there is a typo in there, unbalanced brackets, try this

if (MathMod(TimeHour(TimeCurrent()),8) == 0.0 &&
TimeMinute(TimeCurrent()) == 1)
{
ResetPhantoms();
}
  • #1,347
  • Oct 25, 2010 8:19pm Oct 25, 2010 8:19pm
i had Phantom_AddSix_02.taz running yesterday. it popped 4 wins very quickly then went into a big big DD , right now at 10%. from the code, it reverses biggest losers , this causes imbalance in the hedge and because of this we may run into dangerous one sided trades as MC pointed out. i am stopping this demo for now. if at all i continue, i will do with reverse4trade value as very very big like 1000, so that it doesnt reverse, also it adds trades every 30 min. i dont like too many trades

last week i had Phantom_AddSix_02 running. the drawdown was small, the trades took longer time to hit targets. but i suited my style. less trades, less DD

this week i will try 03b on another account. good thing with this is it resets the phantoms every 8 hrs, this is cool. but the flip side is it gives more trades (than 02). lets see

i also want to try 02 with reset every 8 hrs, this may speed up the things a bit compared to pure 02
  • #1,348
  • Edited 8:33pm Oct 25, 2010 8:24pm | Edited 8:33pm
Quoting MetaCoder
For now AddSix 03b is my best shot at a clean & pure EA. I am waiting to see if resetting the phantom trades every 8 hours is helpful or not.
Hi MC, thanks for a highly illuminating thread

I'm testing this specific phantom with interest and wonder what factor will dominate after several washes...?

Will the factor be the same for basket 14 and phantom?

One influential ingredient may be the absence of loser cutting from phantoms. (Is that correct?)

Another may be extended consolidation. With a single pair, if short or long volume increases in the desired direction, but price keeps reversing and doesn't trend significantly, there's failure, as margin climbs (phantom only), and the exit sits as high as everest (both potentially). But with a group of pairs, it may be subtly different?

Any clarity on this, much appreciated!
  • #1,349
  • Oct 25, 2010 8:29pm Oct 25, 2010 8:29pm
Quoting tazmaan
Wish mine was going as well. Here I thought I would mellow things out by running the regular addsix 02. Has only had like 2 pops since 10/18 and is sitting at over 20% dd, 29% dd at is peak last week.
200:1 lev 0.4 mmtu
hi tazmaan, this 20%, 29%dd is about regular add 06 02 or add 06 02.taz ?

its confusing from your post
  • #1,350
  • Oct 25, 2010 9:17pm Oct 25, 2010 9:17pm
original version, nothing modded.
So i've had to give up on that one as well, and have moved on to addsix 03b.
Looks like I already am going to have to fix that one too, as its machine gunning orders at the top of the hour, instead of only allowing for 1 trade to open. Just gotta remember what the fix was for that
  • #1,351
  • Oct 25, 2010 9:40pm Oct 25, 2010 9:40pm
Thanks MC for your comments,

My settings were the same in each ea.

I certainly agree that results over a short time are not really valid. It was just an observation.

The extra line you sugeested adding to the versions:

if (MathMod(TimeHour(TimeCurrent()),8) == 0.0 &&
TimeMinute(TimeCurrent()) == 1)
{
ResetPhantoms();
}

I assume this does not have to be added to the Phantom_Addsix_03b, am I correct.
And is the above version the latest in all of them except for the taz series? Just trying to get to a point of using what most others are using so we can compare results a little better.


Regards.
  • #1,352
  • Oct 26, 2010 1:02am Oct 26, 2010 1:02am
i started phantom-addsix-3b this morning,so far no trade at all.is it normal?
regards
fred
  • #1,353
  • Oct 26, 2010 1:19am Oct 26, 2010 1:19am
Quoting fredgold3434
i started phantom-addsix-3b this morning,so far no trade at all.is it normal?
regards
fred
No more trades for Phantom_AddSix_02 in 15 hours, extremely slow so I moved to Phantom_AddSix_03b too. Each hour a trade was opened so I think it is no normal Fredgold. Maybe you have the same problem I had with Lots. What is your mmtu ?
  • #1,354
  • Oct 26, 2010 1:31am Oct 26, 2010 1:31am
Maxmargintouse=0.67 as the defualt.
fred
Quoting Caillou
No more trades for Phantom_AddSix_02 in 15 hours, extremely slow so I moved to Phantom_AddSix_03b too. Each hour a trade was opened so I think it is no normal Fredgold. Maybe you have the same problem I had with Lots. What is your mmtu ?
  • #1,355
  • Oct 26, 2010 1:36am Oct 26, 2010 1:36am
Quoting fredgold3434
Maxmargintouse=0.67 as the defualt.
fred
The only mmtu accepted by my broker is: 0.25, 0.5, 1.0, ..... I use on a 200:1 Leverage, 10.000.-$ account mmtu: 0.5 (0.1 lots) and ProfitPct: 0.75 (ratio: 0.67)...hope it helps
  • #1,356
  • Oct 26, 2010 1:42am Oct 26, 2010 1:42am
levrage 50:1 $10000 mini account.so i change the MMTU to 0.5 and profitpac to 0.75.
lets see if it works
thanks
Quoting Caillou
The only mmtu accepted by my broker is: 0.25, 0.5, 1.0, ..... I use on a 200:1 Leverage, 10.000.-$ account mmtu: 0.5 (0.1 lots) and ProfitPct: 0.75 (ratio: 0.67)...hope it helps
  • #1,357
  • Oct 26, 2010 1:51am Oct 26, 2010 1:51am
Quoting fredgold3434
levrage 50:1 $10000 mini account.so i change the MMTU to 0.5 and profitpac to 0.75.
lets see if it works
thanks
You will see in 10 minutes.....
  • #1,358
  • Oct 26, 2010 1:58am Oct 26, 2010 1:58am
but 03 and 03a open trades as normal with that mmtu 0.67
fred
Quoting Caillou
You will see in 10 minutes.....
  • #1,359
  • Oct 26, 2010 2:02am Oct 26, 2010 2:02am
it trys to open trade but nothing happened?

Quoting Caillou
You will see in 10 minutes.....
  • #1,360
  • Oct 26, 2010 2:04am Oct 26, 2010 2:04am
if you have lotsize restrictions from the broker, set the lots manually. the ea won't open trades if its trying to use a lotsize other than the ones you listed allowed by your broker.
So until the code for that can be added by someone, either test on a broker without restrictions on lotsize, or set it manually (usesmallestlot set to true)


oops, it appears in 3b MC took out the actual lotsize input, so who knows what it will do now lol. Guess you better test on another broker demo with no lotsize restrictions
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