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Phantom 6 System

  • #221
  • Nov 21, 2010 2:55am Nov 21, 2010 2:55am
Quoting frazerd
Ph6_01_x closed again this morning.

01a still playing Pacman (not updated) down to $2818 Equity EDIT: from $3000 start

01ax still has not closed - lowest margin 440%, max DD -5.9% (not updated)
May I know what is the MMTU being used for Ph6_01_x?

Thanks
Ian
  • #222
  • Nov 21, 2010 3:13am Nov 21, 2010 3:13am
Quoting carolco
Phantom 6_01a @ IBFX DEMO mini 50:1 started 8th November with 500USD now it will be 530.60.
6 or seven rounds closed all in profit which started with 3.7USD per round. The robot uses 0.01 minilot (1pip 1 cent)
largest floating loss -12.6USD, floating DD 2.54%
profit percent 0.75, max margin to use 0.5

I intend to trade it on my IBFX Live account with exactly same equity and settings.

Phantom add6_02a @ IBFX DEMO mini 50:1 started 8th November with 10.000USD now its 10.166. 6 rounds closed all in profit. 25USD average profit per round.
Robot...
Any indication what is average number of trades being open for these runs?
  • #223
  • Nov 21, 2010 5:12am Nov 21, 2010 5:12am
I have briefly go through a few of the most recent posts and consolidated the attached Excel file. There some missing details as I cannot gather enough information from the posts or the attached results due to my limited understanding.

I hope it will be helpful for someone who is looking around and wants to have an overview of the possible parameters and results for Phantom.

After reading all the posts, I decided to run Phantom_Jag_V2 on a demo and see how it goes. Reason being I am more agreeable to the reset conditions as dictated by Phantom_Jag_V2

Stay Tune
Ian
Attached File(s)
File Type: xls Phantom 6 Testings Consolidation.xls   27 KB | 302 downloads
  • #224
  • Nov 21, 2010 4:57pm Nov 21, 2010 4:57pm
Quoting thorn
Your post is pretty much unreadable..and the way you are trading it wont take much drawdown to wipe the account. Dont get too excited about 2 days worth of results. You are trading .31 lots on a 1k account correct?
Good luck with that. Come back in month and let us know how it went.
What's wrong with what Perky is showing us?

We need all types of testing for this system.

The more I think what Perky is doing, the more it makes sense to me - or am I finally going mad?

BUT personally I would use a high MMTU and a low PP so that trades are frequently closed within an hour.
My thinking is that the Biggest Phantom Winner would have the most momentum when first traded, not after 1-2 hours.

Don't scare Perky away - we need the test results.
  • #225
  • Nov 21, 2010 9:19pm Nov 21, 2010 9:19pm
Quoting mallim
May I know what is the MMTU being used for Ph6_01_x?
MMTU 0.5and PP 0.5 on all 3 of my Phantom6 EAs.
Frazer
  • #226
  • Nov 21, 2010 9:40pm Nov 21, 2010 9:40pm
This is almost unbelievable. Ph6_01a was in a margin call situation since last Wednesday, closing the largest loser every time margin went down to 100%. I have left it running during the margin call just to see if there was any remote chance that it would recover as my AddSix_01x did.

I noticed on Friday after the close that the PL was over $600, but margin was still not much above 100%. Tonight when IBFX opened trading the PL continued to climb and about 2 hours later when I looked the EA had closed all trades for a .29% profit. A little disappointing that it didn't get .5% as per the setting , but it took 3(+) minutes to close all the trades.
Attached File(s)
File Type: xls IBFX Phant6.xls   132 KB | 257 downloads
Frazer
  • #227
  • Nov 22, 2010 6:57am Nov 22, 2010 6:57am
Quoting frazerd
This is almost unbelievable. Ph6_01a was in a margin call situation since last Wednesday, closing the largest loser every time margin went down to 100%. I have left it running during the margin call just to see if there was any remote chance that it would recover as my AddSix_01x did.

I noticed on Friday after the close that the PL was over $600, but margin was still not much above 100%. Tonight when IBFX opened trading the PL continued to climb and about 2 hours later when I looked the EA had closed all trades for a .29% profit. A little disappointing...
That 3 min. to close scares the heck out of me. So I've set the PP at something high like 4% and then on a separate chart I use this EA to close my trades. http://cdn.forexfactory.com/images/attach/mq4.gif CloseTrades_After_Account_Profit_Reached.mq4
  • #228
  • Nov 22, 2010 9:23am Nov 22, 2010 9:23am
Hi,

This would be my last update for the normal and reverse strategy. Sorry but I need to free some space to test another strategy.
Attached File(s)
File Type: xls Phantom_AddSix_02a Normal & Reversed.xls   64 KB | 372 downloads
  • #229
  • Nov 22, 2010 1:39pm Nov 22, 2010 1:39pm
Quoting Toothman
That 3 min. to close scares the heck out of me. So I've set the PP at something high like 4% and then on a separate chart I use this EA to close my trades. http://cdn.forexfactory.com/images/attach/mq4.gif CloseTrades_After_Account_Profit_Reached.mq4
I understand your concern. We might also try to limit the number of trades that have to be closed. This being the second time I have had a EA close for profit after a margin call, I really think we are missing a message here.

What if we had a external variable, a margin level at which the EA closes the biggest loser. The user could set that at any level desired. It would operate exactly the same as the brokers software, closing the biggest loser any time the trigger is hit, keeping margin above the trigger until the EA comes into profit. I'm thinking that it could be set at about 300% to just keep margin at a safe level above margin call level until it can get into profit. If it works, we might even want to go back to the AddSix EAs or even the Basket14 EAs and test it with those.

It might even be set at a very high level, 700 or 800% to keep open trades at a minimum as well as allowing the EA to get into profit more quickly. There would have to be a lot more testing to see if that would work.

If I were a programmer I would have already coded it. Seems to me it would just require inserting a new external variable called LowestMargin or CloseLoserTrigger or something and then put in another if statement to have the EA close the biggest loser any time that margin level is hit. I'm sure there would be a little more to it than that, but then I'm not a programmer.
Frazer
  • #230
  • Nov 22, 2010 8:17pm Nov 22, 2010 8:17pm
phantom_addsix_02x hasnt closed since last thursday. dd is at 10%, but not adding any new trade as all trades are in loss. DD is contained but PL is not moving as no new trades are being added nor existing trades are moving

sometimes not adding is a curse
  • #231
  • Nov 23, 2010 1:47am Nov 23, 2010 1:47am
Frazerd, why does it recover after a margin call?
Is it because the biggest looser is cut of and prevent a bigger loss for that pair, or is it because it has new margin to add more real trades and therefore come back from the DD naturally?

Say you close the biggest looser at a X margin level. The biggest looser at that moment is $ -100 and your original dollar profit target is $10, the EA then aims for 100+10 dollar, because it still wants to reach the old equity profit target. I assume you're aware of that and that doesn't need to be changed?
Only cut biggest looser @ x margin?
  • #232
  • Nov 23, 2010 5:11am Nov 23, 2010 5:11am
Quoting the-game
What's wrong with what Perky is showing us?

We need all types of testing for this system.

The more I think what Perky is doing, the more it makes sense to me - or am I finally going mad?

BUT personally I would use a high MMTU and a low PP so that trades are frequently closed within an hour.
My thinking is that the Biggest Phantom Winner would have the most momentum when first traded, not after 1-2 hours.

Don't scare Perky away - we need the test results.
thanks (II got a gun an I know how to use it!!)
If I had feelings im sure they would be hurt lol

oh btw its up to 50% profit on the $1000 initial capital ill post results in zip file at end of week (demo) 514$ profit to be precise and its only tuesday.... anyway its just an experiment I wanted to share
  • #233
  • Nov 23, 2010 6:29am Nov 23, 2010 6:29am
My AddSix-2a closed twice in the last two days. MMTU .4, using a separate EA to close all trades when profit( about .5%) reached. Total trades before closures were only 12 and 9. I'm letting EA run 24/7 with no intervention.
  • #234
  • Nov 23, 2010 9:06am Nov 23, 2010 9:06am
couldnt resist

demo stmt using my formula

remembering as equity increases yu can manually increase the takeprofit by $ amount
Attached File(s)
File Type: zip dsdnov.zip   3 KB | 382 downloads
  • #235
  • Nov 23, 2010 9:49am Nov 23, 2010 9:49am
Quoting JulesvH
Frazerd, why does it recover after a margin call?
Is it because the biggest looser is cut of and prevent a bigger loss for that pair, or is it because it has new margin to add more real trades and therefore come back from the DD naturally?

Say you close the biggest looser at a X margin level. The biggest looser at that moment is $ -100 and your original dollar profit target is $10, the EA then aims for 100+10 dollar, because it still wants to reach the old equity profit target. I assume you're aware of that and that doesn't need to be changed?
Only...
Cutting the biggest loser just buys time for the EA to come back into profit naturally. If you look at the spreadsheet I posted you can see exactly how it happened. The trades are sorted by closing time. You can see where the broker software started closing biggest losers and each time one was closed it brought the margin back above 100%, then some time later the margin was back down to 100% and another biggest loser was cut. That process went on for 3 days and reduced the balance by $800(+) until the remaing trades started to move favorably and reached the original Profit Target.

My suggestion is that we just duplicate what the broker margin call software does, but at an earlier time so that we never get to the margin call situation. I am testing it manually on one of my demos right now, closing biggest losers when margin goes down to somewhere between 309 and 304 - cannot be exact because I am not in front of the computer all the time - tryng to catch it at about 305%.
Frazer
  • #236
  • Nov 23, 2010 9:01pm Nov 23, 2010 9:01pm
Well Perky,

Like I said..You are going to double it or blow it and looks like double it is. Now the big question..would you trade it live??

But I do agree with your theory of using a higher mmtu and lower profit percent. The way I look at it, the less pips you need to get to close the better, less chance of drawdown. Now we just have to find that right balance. But I still think yours is a little too crazy.
  • #237
  • Nov 24, 2010 4:19am Nov 24, 2010 4:19am
Quoting thorn
Well Perky,

Like I said..You are going to double it or blow it and looks like double it is. Now the big question..would you trade it live??

But I do agree with your theory of using a higher mmtu and lower profit percent. The way I look at it, the less pips you need to get to close the better, less chance of drawdown. Now we just have to find that right balance. But I still think yours is a little too crazy.
i am trading it live on 150$ but different target of course
  • #238
  • Nov 24, 2010 9:19am Nov 24, 2010 9:19am
Quoting frazerd
Cutting the biggest loser just buys time for the EA to come back into profit naturally. If you look at the spreadsheet I posted you can see exactly how it happened. The trades are sorted by closing time. You can see where the broker software started closing biggest losers and each time one was closed it brought the margin back above 100%, then some time later the margin was back down to 100% and another biggest loser was cut. That process went on for 3 days and reduced the balance by $800(+) until the remaing trades started to move favorably and...
Hi Frazer. Which EA do you think is the best candidate for me to apply this treatment to (closing the biggest loser when margin drops to a defined level)?
Open to new approaches.
  • #239
  • Nov 24, 2010 12:00pm Nov 24, 2010 12:00pm
Open demo account standard the Euro 3000 leverage 50:1 03/11/2010 10:00 am
MMTU = 0.5
LOTS = 0.1
PP = 0.75

results to date 24/11/2010 18:00 pm 4164,84 +38.83%
DD = MAX -1685.91
LM = 61.53%

When I saw DD -1685.91 I thought not recover
but after 4 days in closed I think it was just luck
another demo account with an initial € 1500 to empty the account. http://cdn.forexfactory.com/images/icons/icon9.gif

MC reference to post 238
the best candidate and EA 01a - 01x according to my tests.

Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: DetailedStatement.gif Size: 6 KB
Attached Image
Attached File(s)
File Type: xls ziogioit-P6_01a.xls   107 KB | 238 downloads
  • #240
  • Nov 24, 2010 12:22pm Nov 24, 2010 12:22pm
Quoting MetaCoder
Hi Frazer. Which EA do you think is the best candidate for me to apply this treatment to (closing the biggest loser when margin drops to a defined level)?
First I need to tell you that on the Art Phantom EA thread charvo has coded this for the 3 pair versions started by caillou. Also, roundrock has coded a tactic of closing any loser that exceeds a user defined level, which I think may also work well.
Start here near bottom of page http://www.forexfactory.com/showthre...266629&page=13

Now let me work on which EAs I would recommend.
Frazer
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