Art Phantom EA

Quoting pedross

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Hi Caillou,

Some observations from demo (lite version)

From 10 succesful baskets the following were opened:

6 in London session
2 in Asian session
1 in New York session
1 in Frankfurt session

8 baskets closed in London, New York or after Frankfurt open and 2 closed during the Asian session (1 NY, 1 London)

I cannot comment upon DD by avioding the Asian session as I have only instigated this on my live lite account yesterday.

Once I have more stats I will post results.

It makes great sense to me to avoid the Asia session due to its...

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Quoting pedross

Disliked

Hi Caillou,

Some observations from demo (lite version)

From 10 succesful baskets the following were opened:

6 in London session
2 in Asian session
1 in New York session
1 in Frankfurt session

8 baskets closed in London, New York or after Frankfurt open and 2 closed during the Asian session (1 NY, 1 London)

I cannot comment upon DD by avioding the Asian session as I have only instigated this on my live lite account yesterday.

Once I have more stats I will post results.

It makes great sense to me to avoid the Asia session due to its...

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Quoting the-game

Disliked

Good Morning!...

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Quoting the-game

Disliked

Low Profile (and everyone else),

I'm feeling generous with my time and I've had a bit of time free, so I knocked this up.

See attached.


You'll see where my timings coding is by searching "the-game", and you'll see where roundrock's coding is by searching "roundrock".

I've also added a flag called "CutLoserTrades" in case anyone doesn't want to use that function.


P.S. Everyone: All my attachments have my mod where the Phantoms don't get reset if you change a setting, restart MT4, restart computer, change timeframe, etc, etc......

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Quoting vanupips

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it opened up a second position with only 2 pip difference ?!
something not working well yet !?

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Quoting timmy

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Nice one

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Quoting sidhujag

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If you think back to the idea of the OP.. the hedge should help out in DD situations.. so if I have 10 symbols it would be alot harder to minimize DD.. but also will be alot quicker to get higher % profits. It's all about balance and maybe choosing higher ranging pairs and not limiting trading (only 3 pairs out of a basket of 6) might actually be better. If you are limiting your pairs then you can have a case where your 3 pairs trade and are in DD while your opposing side doesn't trade because the 3 pairs you chose to trade are being outperformed...

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Quoting timmy

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If you consider that strong move will eventually occur to take you to profit then DD becomes the overriding factor to manage.... And getting tov higher % profits quicker is secondary. (Live to fight another day... and make some averagely nice profits along the way).

Further I do not believe you will get all three pairs in the negative for long since the cross is absolutely tied to the two primary pairs - you only get the negative position whilst the hedging pair(s) kick in. And the more volatile the market at the time of the reversal the greater...

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Quoting timmy

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Further I do not believe you will get all three pairs in the negative for long since the cross is absolutely tied to the two primary pairs - you only get the negative position whilst the hedging pair(s) kick in. And the more volatile the market at the time of the reversal the greater the DD (since the market moves further against the open positions before the hedge trades can kick in). But the three pairs have little relavance to the original 14 pairs in the Phantom basket - and it really only serves to choose which pair(s) start the sequence rolling...

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Quoting the-game

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timmy, in your second last post above, did you mean you wanted charvo's "low margin-kill biggest loser" coding in the Full version or did you mean you wanted roundrock's "cut loser trades that are a multiple of the negative Dollar Profit Target" in the Full version?

Because Art_Phantom_Full-Timings_&_Cut_Losers is based on my timings and roundrock's cut loser trades that are a multiple of the negative Dollar Profit Target coding.

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Quoting timmy

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So your version (which I can't load until the next equity pop) has variable timings (or are you saying the start/finish times are fixed. Hopefully you have them as variables - but if not then I would suggest 0600 to 1600 GMT as the trade sequence opening window.

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Quoting timmy

Disliked

I like your safty feature mod that does not alter any of the settings unless there is an equity pop. So a connection failure won't stuff up the EA when it comes back online...yes?

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Quoting charvo

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Sorry, it might have bugs, i'm demoing it now, will keep update it if i find the problem.

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//+------------------------------------------------------------------+
//| charvo add: Check if all trades in SIGNIFICANT profit.           |
//+------------------------------------------------------------------+
bool AllSymbolTradesInProfit(string theSymbol)
{
  for (j = 0; j < OrdersTotal(); j++)
  {
    OrderSelect(j,SELECT_BY_POS,MODE_TRADES);

    if (OrderMagicNumber() == MagicNumber &&
        OrderSymbol() == theSymbol)
    {
      if (OrderType() == OP_BUY && (MarketInfo(OrderSymbol(),MODE_BID)-OrderOpenPrice())<PipStep*MarketInfo(OrderSymbol(),MODE_POINT)) return(false);
      if (OrderType() == OP_SELL && (OrderOpenPrice()-MarketInfo(OrderSymbol(),MODE_ASK))<PipStep*MarketInfo(OrderSymbol(),MODE_POINT)) return(false);
    }
  }

  return(true);
}