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Basket 14 EA System

  • #1,921
  • Nov 19, 2010 12:09am Nov 19, 2010 12:09am
Quoting timmy
Hi Caillou,
Possible additional variable to be added to the Phantom3.30_suv would be to have it only restart a new trade sequence an hour prior to the London open....
Hello Tim,

As I said before I' m not a coder and this reset change sounds a bit difficult for me but I promise I will check it, it could be a good idea
  • #1,922
  • Nov 19, 2010 12:20am Nov 19, 2010 12:20am
Quoting sidhujag
We aren't trying to create a perfect hedge or we wouldn't get anywhere would we

The idea of the synthetic hedge is exactly that... a synthetic "edge" to help us out when trades mount up.. to avoid margin call.. thats all it is.
Yeah that is also how I understand it but I see the word "perfect hedge" a lot so that is why I got confused hehe
  • #1,923
  • Nov 19, 2010 2:23am Nov 19, 2010 2:23am
Quoting sidhujag
Only reason I don't do 3 is because its not distributing your money as much as 6 pairs. Distribution is always better way to reach profit in the long run. But if 3 is better I can always modify it and try it out.
I agree with you however if we can make the DD smaller and possibly do so with the same size trade then we make a gain on the system. And logic would dictate that three pairs should produce a 'tighter' reaction with the hedge and so shrink the DD. (The issue being whether this will allow for good equity pops - thus the reason I was keen to see a simple pre-London open trade entry filter.)

Tim
  • #1,924
  • Nov 19, 2010 2:24am Nov 19, 2010 2:24am
Quoting Saidar
I see many people bring up the "perfect hedge" comment, I think we all should read this post I read a while ago:

http://www.forexfactory.com/showpost...&postcount=134

It explains that buying and selling 1 lot is NOT a hedge. For example:

"SELL 1Lot CHF/JPY means selling CHF 100 K (1 Lot), which is a dept of CHF 100K which buys for your balance JPY 9,883,000 on assets. "

Not sure if this will influence the EA but it should be given some attention.
Tell us something we don't know.

Tim
  • #1,925
  • Nov 19, 2010 2:34am Nov 19, 2010 2:34am
The other point to be made about the 3 pair trading approach is that it is very efficient on margin used. There is a possiblity that there are less trades causing a 'drag' on the pair with the momentum (in the positive direction) - so 'in theory' this should mean we will get less margin used to achieve the equity pop. Since there is a higher chance of more trades that turn negative with more pairs slowing down a close out...ie the more pairs being traded the more 'muddy' the water is Not sure if this is actually true.

But watching the Phantom3 EA's operate they certainly have incredibly low DD's for the last few days and have shown less than half the DD's of the Addsix series that I had running and have seen from Frazerd etc.

Time and testing will tell I guess.

Tim
  • #1,926
  • Nov 19, 2010 2:55am Nov 19, 2010 2:55am
Quoting timmy
The other point to be made about the 3 pair trading approach is that it is very efficient on margin used....
Exactly. That' s why with 3.30 version we can reach PP quicker but you can reach an unbalanced situation quicker too, I prefer DD control for trades taken each hour, not each 30 min. Maybe it' s better to increase MMTU than to increase trades.....let' s see
  • #1,927
  • Nov 19, 2010 3:16am Nov 19, 2010 3:16am
Quoting Caillou
Exactly. That' s why with 3.30 version we can reach PP quicker but you can reach an unbalanced situation quicker too, I prefer DD control for trades taken each hour, not each 30 min. Maybe it' s better to increase MMTU than to increase trades.....let' s see
Not sure about this. I was thinking more that we could possibly reach the pp quicker because there are less other pairs to conflict with a clean move (in one of the three pairs). I do not think that it follows that it will get unbalanced quicker also - since the other pairs are equally quick to react - this is not the case with less aligned pairs in a bigger basket.

I am not sure also about the 30 min trading - BUT - I am certain that the extra trades dynamically make no difference to the three pair trading basket (or any basket for that matter). It just allows the basket to react to the market conditions quicker (but doesn't make it more efficient or inefficient in terms of the basket itself). Sure it will add to the margin used - but this is very low anyways.

In theory it shouldn't add to the DD either, since the other pairs have equal chance (every 30 min)to restabilize the basket. It just allows the trade sequence to be more dynamic and react quicker to the market...I hope I am making myself clear on this.....

Again time will tell.

Tim
PS Sorry Saider - didn't mean to be so blunt on that reply to your earlier comment
  • #1,928
  • Edited 3:52am Nov 19, 2010 3:40am | Edited 3:52am
Quoting timmy
Not sure about this. I was thinking more that we could possibly reach the pp quicker because there are less other pairs to conflict with a clean move (in one of the three pairs). I do not think that it follows that it will get unbalanced quicker also - since the other pairs are equally quick to react - this is not the case with less aligned pairs in a bigger basket.

I am not sure also about the 30 min trading - BUT - I am certain that the extra trades dynamically make no difference to the three pair trading basket (or any basket for that matter)....
Sure, I don´t really care about margin use with 3 pairs and 500:1 Leverage, DD management is my obsession..
Actually I´m only worried about 3 versions:
-Phantom3_suv
-Phantom3.30_suv
-Phantom_AddSix_02a with Navk settings

I want to modify 1º to trade at min 15 each hour, not min 0 but all 3 seem the best for me.....
I can really know I am not convinced about an EA with 1 day test, to really know I am convinced I need much longer....
  • #1,929
  • Nov 19, 2010 5:09am Nov 19, 2010 5:09am
Phantom3.60_suv: exactly as Phantom3_suv but during min 15, not 0.

Phantom3.30_01x: exactly as Phantom3.30_suv but with GBPUSD, EURGBP and EURUSD (Pluto2 suggestion).
Attached File(s)
File Type: mq4 Phantom3.60_suv.mq4   49 KB | 476 downloads
File Type: mq4 Phantom3.30_01x.mq4   49 KB | 534 downloads
  • #1,930
  • Nov 19, 2010 5:47am Nov 19, 2010 5:47am
we havent heard about MC recently. would like to know his views on the new developments. its getting little too complicated with so many flavors and too many EAs. its difficult to keep track of what is what

i am only focussing on 01x and 02ax

01x popped 5 times in last 2 days

02ax is still in huge (10%) DD -- with 10k account 200:1, MMTU 0.2 PP 1%
  • #1,931
  • Nov 19, 2010 5:51am Nov 19, 2010 5:51am
Another closure for Phantom3.30_suv, this one +0.60%, not +1%, 13 trades closed in 1 min, if market moves during this min against you, your PP will be less, sometimes it will be more. Another reason to prefer less trades....

Gain: +1.62%, less than 24h, max DD: -6.12%

http://www.myfxbook.com/members/Serg...m330-suv/64752
  • #1,932
  • Nov 19, 2010 7:11am Nov 19, 2010 7:11am
AddSix-2a finally closed for first time since last friday. 71 trades with lowest margin a 350% (50:1 leverage). MMTU .3,PP .25.
  • #1,933
  • Nov 19, 2010 7:23am Nov 19, 2010 7:23am
And another, this one 4 trades, 1 hour. Maybe the only one able to catch so small moves....
+2.56%, just 1 trading day

http://www.myfxbook.com/members/Serg...m330-suv/64752
  • #1,934
  • Nov 19, 2010 7:53am Nov 19, 2010 7:53am
Quoting navk
Another basket closed. Present equity : 5225 $. Equity up by 4.5 %.
Phantom3_suv :

Two baskets got closed during europeon session.

Present balance : 5330 $. Equity up by 6.6 % in 3 days since 17 nov.

Right now another basket open.

Cheers !
Intraday only.
  • #1,935
  • Nov 19, 2010 7:55am Nov 19, 2010 7:55am
Quoting Caillou
And another, this one 4 trades, 1 hour. Maybe the only one able to catch so small moves....
+2.56%, just 1 trading day

http://www.myfxbook.com/members/Serg...m330-suv/64752
Caillou : Can you advise me your settings for 3.30 suv?

For me not a single basket got closed since yesterday. Thanks.
Intraday only.
  • #1,936
  • Nov 19, 2010 8:07am Nov 19, 2010 8:07am
I had same settings than Phantom3_suv:

MMTU: 0.4
PP: 1.0

10.000.-$, 500:1 Leverage
  • #1,937
  • Nov 19, 2010 8:31am Nov 19, 2010 8:31am
Nothing closed since last report - no updated spread sheet
Frazer
  • #1,938
  • Nov 19, 2010 8:57am Nov 19, 2010 8:57am
Quoting navk
Caillou : Can you advise me your settings for 3.30 suv?

For me not a single basket got closed since yesterday. Thanks.
Just remember that Caillou is using 500:1 leverage. If your leverage is not 500:1 his settings probably will not work for your account. Also, keep in mind that timing (when you enter the market with the new settings) has a lot to do with how well the EA performs the first few days.

As an example, my AddSix_01x is doing great since adding the x factor on my original demo, but I started another account with same EA, same settings, same leverage, same everything except start time. It has been running since 10 Nov and has not closed yet - 66 open trades, 343% lowest margin and -6.3% max DD.

Sometimes you get into a good flow and sometimes you don't. We need to concentrate on figuring out the optimum time to start the EAs. I start most of mine on Sunday evening when the market opens or late at night on other days. Those seem to do better than the few that I open during the daytime. It may be because they catch the London opening early on and not the Asian. That's why I think those who are concentrating on the different market hours may come up with a good solution.
Frazer
  • #1,939
  • Nov 19, 2010 9:18am Nov 19, 2010 9:18am
Another closure. Up +3.46%.....

http://www.myfxbook.com/members/Serg...m330-suv/64752
  • #1,940
  • Nov 19, 2010 9:22am Nov 19, 2010 9:22am
Quoting frazerd
Just remember that Caillou is using 500:1 leverage. If your leverage is not 500:1 his settings probably will not work for your account. Also, keep in mind that timing (when you enter the market with the new settings) has a lot to do with how well the EA performs the first few days.

As an example, my AddSix_01x is doing great since adding the x factor on my original demo, but I started another account with same EA, same settings, same leverage, same everything except start time. It has been running since 10 Nov and has not closed yet - 66 open...
I agree with you Frazerd that the start time is important but only for the first closure. After that, the new start time is absolutely random.
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