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Attachments: Basket 14 EA System
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Basket 14 EA System

  • #1,841
  • Nov 16, 2010 9:16pm Nov 16, 2010 9:16pm
Quoting roundrock
by trading session you mean the start of our first order ? then this is nothing to do with US,EU,AS market sessions.

you are saying if it takes more than 4 hours from first order, then most likely it will go slow and add several orders. is that true ? if that is the case then how do we know this cycle will take 2 hrs, 3 hrs, 4 hrs or 1 day , 2 days...

if we start our first order at EU opening or US opening then it will close faster ?...
trading session, leg, what ever you want to call it starts on our first real order through to when all orders are closed.

The 4 hour thing is just a pattern I've seen where after the 4 hours the EA tends to eat up your margin while it is trying to recover.

Basically the EA is trying to adapt to a changing market, but it is hard for it to do so if there are active orders that were adapted to the market more than 4 hours ago.

The only way to know if we can close faster if we start our trading session at the start of each Open or near the Close of the EU, US, AS markets is to test.

I agree with what you are saying about the AS hours, so we should probably concentrate on EU and US hours, just like Jag has proposed.
  • #1,842
  • Nov 17, 2010 12:15am Nov 17, 2010 12:15am
Quoting roundrock
by trading session you mean the start of our first order ? then this is nothing to do with US,EU,AS market sessions.

you are saying if it takes more than 4 hours from first order, then most likely it will go slow and add several orders. is that true ? if that is the case then how do we know this cycle will take 2 hrs, 3 hrs, 4 hrs or 1 day , 2 days...

if we start our first order at EU opening or US opening then it will close faster ?...

I don't agree AS is where the big boys set up there trades... if you watch volume you can see it. direction is initially set up in AS then a headfake and then the real trend. Sometimes Asian follows right through and we see DOW down 300+ those days.

If you look at AS its possible to have a profitable basket either during start of tokyo or between tokyo and start of frankfurt/london.

But maybe its not worth the hastle.. this is why it sucks not being able to test properly.
  • #1,843
  • Nov 17, 2010 12:48am Nov 17, 2010 12:48am
Quoting Toothman
roundrock,
I think we really need to add or change code to get these EA's to close faster. Once you get 20-30 trades open, price bounces around so fast that a winning basket can become a loser by the time all trades are closed. I looked at one of MC's statements and it took 4 min. to close 150 trades. I used a CloseAll script in a little experiment and closed 150 trades in 29 seconds.
You should remember that the opposite can also happen, you can walk away with more profit.

I think if you trade for a month or so the losing trades because of the delay and the winning trades will even out more or less.
  • #1,844
  • Nov 17, 2010 3:32am Nov 17, 2010 3:32am
Quoting Toothman
roundrock,
I think we really need to add or change code to get these EA's to close faster. Once you get 20-30 trades open, price bounces around so fast that a winning basket can become a loser by the time all trades are closed. I looked at one of MC's statements and it took 4 min. to close 150 trades. I used a CloseAll script in a little experiment and closed 150 trades in 29 seconds.
I extracted the attached trade manager from Steve's MPTM. It closed 56 trades in 18 secs using my demo account. I use this EA to close Phantom 6 trades. It has an option on increasing the profit target when the number of trades increases. Just set your Phantom 6 EA to a high profit target and set the MPTM to your chosen profit target.
Attached File(s)
File Type: mq4 Basket Trade Manager.mq4   20 KB | 478 downloads
  • #1,845
  • Nov 17, 2010 4:42am Nov 17, 2010 4:42am
Hi everyone,

I was very satisfied with Phantom3_01x, +2.9% in less 24h, max DD: -2.79%, but I noticed that during Asian Session movements for 3 pairs (EUR, USD, GBP) were very erratics, so a lot of trades and in London Session we have to recover that.
Thatīs why I have changed pairs, now with Phantom3_suv we have Buy EUR/JPY, Sell EUR/USD and Sell USD/JPY. So now we have 3 weight pairs one for each session: EUR for London, USD for New York and JPY for Tokyo. Because of that the name "suv", Iīm looking for a phantom ea able to run ok 24h, for all sessions. Letīs see whatīs happens.....

http://www.myfxbook.com/members/Serg...tom3-suv/64513
Attached File(s)
File Type: mq4 Phantom3_suv.mq4   49 KB | 358 downloads
  • #1,846
  • Nov 17, 2010 5:09am Nov 17, 2010 5:09am
Quoting navk
Phantom-addsix_2a :

Another basket got closed, the present equity 5370 $.
Phantom_addsix_2a :

Todays update as of 6 AM EST : Balance 5426 $, Started trading since 10 th nov. 5 trading days, Profit up by 426 $. 8.5 %. total. 1.7 % per trading day.

My settings :

Initial deposit 5000 $.
Leverage 200 : 1
MMTU : 0.75
PROFIT : 1.0

Have seen maximum of 12 trades per basket.
Intraday only.
  • #1,847
  • Nov 17, 2010 5:14am Nov 17, 2010 5:14am
Quoting Caillou
Hi everyone,

I was very satisfied with Phantom3_01x, +2.9% in less 24h, max DD: -2.79%, but I noticed that during Asian Session movements for 3 pairs (EUR, USD, GBP) were very erratics, so a lot of trades and in London Session we have to recover that.
Thatīs why I have changed pairs, now with Phantom3_suv we have Buy EUR/JPY, Sell EUR/USD and Sell USD/JPY. So now we have 3 weight pairs one for each session: EUR for London, USD for New York and JPY for Tokyo. Because of that the name "suv", Iīm looking for a phantom ea able to run ok 24h, for...
I am running this phantom_suv too. I will publish the updates. Thanks
Intraday only.
  • #1,848
  • Nov 17, 2010 5:21am Nov 17, 2010 5:21am
Quoting navk
I am running this phantom_suv too. I will publish the updates. Thanks
Hi Navk,

Your Phantom_AddSix_02a results are great, what was your max DD and Lowest Margin ? 1.7% per trading day is coooooollll !!!!!!! You try with Phantom_AddSix_02a without x mod?

Thank you
  • #1,849
  • Nov 17, 2010 5:29am Nov 17, 2010 5:29am
Quoting Caillou
Hi Navk,

Your Phantom_AddSix_02a results are great, what was your max DD and Lowest Margin ? 1.7% per trading day is coooooollll !!!!!!! You try with Phantom_AddSix_02a without x mod?

Thank you
Max drawdown: - 9.6 %

Lowest margin : 468 %

Largest floating loss : 468 $.

Yes, i am running w/o x mod.
Intraday only.
  • #1,850
  • Nov 17, 2010 5:33am Nov 17, 2010 5:33am
Quoting navk
Phantom_addsix_2a :

Todays update as of 6 AM EST : Balance 5426 $, Started trading since 10 th nov. 5 trading days, Profit up by 426 $. 8.5 %. total. 1.7 % per trading day.

My settings :

Initial deposit 5000 $.
Leverage 200 : 1
MMTU : 0.75
PROFIT : 1.0

Have seen maximum of 12 trades per basket.
Navk,
Can't understand how you're getting these results with Add6-2a. I've been running it since fri. afternoon without a closure. Currently 36 trades 657% margin with $1124 DD (about 3%) trading 50:1 with IBFX. Are you running it on specific hours? thanks
  • #1,851
  • Nov 17, 2010 6:36am Nov 17, 2010 6:36am
this week has been very very slow for 02ax, 01x

trades are not moving and new orders are not being added as existing trades are in losses and new phantoms are not coming
  • #1,852
  • Nov 17, 2010 6:42am Nov 17, 2010 6:42am
Quoting Toothman
Navk,
Can't understand how you're getting these results with Add6-2a. I've been running it since fri. afternoon without a closure. Currently 36 trades 657% margin with $1124 DD (about 3%) trading 50:1 with IBFX. Are you running it on specific hours? thanks
I'm thinking the larger lot size you're trading is getting you to closure faster but what if you go into a 30-40 trade basket.
  • #1,853
  • Nov 17, 2010 7:56am Nov 17, 2010 7:56am
It takes 0.08 lots, and i have seen maximum 12 trades in a basket. Surprising to me if others are not having same results. At times it takes even two trades. But it does not take one trade every hour.
Intraday only.
  • #1,854
  • Nov 17, 2010 8:30am Nov 17, 2010 8:30am
Quoting navk
Phantom_addsix_2a :

Todays update as of 6 AM EST : Balance 5426 $, Started trading since 10 th nov. 5 trading days, Profit up by 426 $. 8.5 %. total. 1.7 % per trading day.

My settings :

Initial deposit 5000 $.
Leverage 200 : 1
MMTU : 0.75
PROFIT : 1.0

Have seen maximum of 12 trades per basket.
Phantom_addsix_2a :

Another basket got closed. Present balance 5483 $ . No open trades at present. The last basket had only 8 trades. Very impressive returns. 9.6 % since nov 10 th.

Note : Since biginning i allowed this EA to trade for 24 hrs.
Intraday only.
  • #1,855
  • Nov 17, 2010 8:39am Nov 17, 2010 8:39am
Quoting Toothman
I'm thinking the larger lot size you're trading is getting you to closure faster but what if you go into a 30-40 trade basket.
You can try with same settings as i have. Leverage 200:1.
Intraday only.
  • #1,856
  • Nov 17, 2010 8:44am Nov 17, 2010 8:44am
Quoting Caillou
Hi everyone,

I was very satisfied with Phantom3_01x, +2.9% in less 24h, max DD: -2.79%, but I noticed that during Asian Session movements for 3 pairs (EUR, USD, GBP) were very erratics, so a lot of trades and in London Session we have to recover that.
Thatīs why I have changed pairs, now with Phantom3_suv we have Buy EUR/JPY, Sell EUR/USD and Sell USD/JPY. So now we have 3 weight pairs one for each session: EUR for London, USD for New York and JPY for Tokyo. Because of that the name "suv", Iīm looking for a phantom ea able to run ok 24h, for...
Looks great work. Well done ! I was running this EA since 6 AM EST. Untill now two baskets got closed. Each basket 50 $.

My setting :

Opening balance 5000 $
Leverage 200:1
MMTU : 0.6
Lot size :0.1

Profit :1.0

Present equity : 5105 $.
Intraday only.
  • #1,857
  • Nov 17, 2010 9:12am Nov 17, 2010 9:12am
Hello Caillou,

Thanks for posting your EA. It looks like the Phantom3 is a great idea.
I have been running it with the same inputs as you, and have same great result.
Looking forward to testing your second Phantom3 EA.

Thanks again

Cheers
  • #1,858
  • Nov 17, 2010 9:29am Nov 17, 2010 9:29am
Hi Navk,

Thanks for posting your result with the Phantom_add6_02a.
I did abandon it, my results were not as great.
But I will test it again with your inputs.

Cheers
  • #1,859
  • Nov 17, 2010 9:51am Nov 17, 2010 9:51am
Quoting Toothman
Navk,
Can't understand how you're getting these results with Add6-2a. I've been running it since fri. afternoon without a closure. Currently 36 trades 657% margin with $1124 DD (about 3%) trading 50:1 with IBFX. Are you running it on specific hours? thanks
It's probably standard not mini lots. Therefore risk is high but so is reward.
Open to new approaches.
  • #1,860
  • Nov 17, 2010 10:17am Nov 17, 2010 10:17am
Quoting MetaCoder
It's probably standard not mini lots. Therefore risk is high but so is reward.
Meta coder,

First of all thanks to this wonderful EA.

Now my question :

It is a standard account but i trade with 0.08 lots. Profit i set 1.0, i have never seen more than 12 trades in a basket sisnce i started using this EA. It does not place orders every hour. This is great too. But at times, at the end of an hour it places two trades at a time.

Untill now 10 baskets got closed since last 10 th november (wednesday). How come for my account type only less number of trades in a basket?

Thanks.
Intraday only.
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