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Art Phantom EA

  • #981
  • Dec 2, 2010 11:24am Dec 2, 2010 11:24am
Quoting navk
Art_phantom_full_TH_CL_PS :

Another one closed. 5489 $.

Sorry guys, only i am making profits today.
Art_phantom_full_TH_CL_PS :

Another one closed, 5544 $.

Totally seven baskets closed and overall profit today : 393 $
Intraday only.
  • #982
  • Dec 2, 2010 11:25am Dec 2, 2010 11:25am
Quoting navk
Art_phantom_full_TH_CL_PS :

Another one closed, 5544 $.
  • #983
  • Dec 2, 2010 11:27am Dec 2, 2010 11:27am
How many closures today Navk ? (still 10 Pipstep?)
  • #984
  • Dec 2, 2010 11:37am Dec 2, 2010 11:37am
yes, 10 pip step and all other setting false.

What i noticed is it has been placing trades in the direction of trend ( TODAY ). Adding a trend filter should help this EA in my opinion. Like the ones super trend or trend magic inputs to this EA.

Note : Pip step may not be necessary if we add trend filter. If you see other threads you can get trend magic inputs. Unfortunately i am not a coder to modify.
Intraday only.
  • #985
  • Dec 2, 2010 11:41am Dec 2, 2010 11:41am
Quoting navk
yes, 10 pip step and all other setting false.

What i noticed is it has been placing trades in the direction of trend ( TODAY ). Adding a trend filter should help this EA in my opinion. Like the ones super trend or trend magic inputs to this EA.
Yes, maybe, so many things to test.....
  • #986
  • Dec 2, 2010 11:43am Dec 2, 2010 11:43am
Quoting navk
yes, 10 pip step and all other setting false.

What i noticed is it has been placing trades in the direction of trend ( TODAY ). Adding a trend filter should help this EA in my opinion. Like the ones super trend or trend magic inputs to this EA.

Note : Pip step may not be necessary if we add trend filter. If you see other threads you can get trend magic inputs. Unfortunately i am not a coder to modify.
I think The-Game has done something similar and he was not absolutely satisfied....
  • #987
  • Dec 2, 2010 12:22pm Dec 2, 2010 12:22pm
Quoting Caillou
Now we are testing this, the edge of 3 pairs and 1 pair version. Normally if the market is range, all pairs will range so the problem is not solve with more pairs in my opinion......
Hello Caillou, I have to disagree with you this time. It is the fact that every pair is correlated, but they have pretty significant difference in terms of movements when they fall out of the correlation range at times.

On the other hand, I have been observing your myfxbook account, I see you change account name/EAs frequently. My humble opinion, maybe try each one for at least months before making decision or adjustments? that way will have sophisticated evidence to show either they work or dont work.

Thanks

LP
  • #988
  • Dec 2, 2010 12:39pm Dec 2, 2010 12:39pm
Quoting Caillou
Yes, I think you are the only one. Congratulations !!!!
My full version is nowhere near in trouble either, sitting at -1.5% dd right now, and still has never peaked past 8%.
  • #989
  • Dec 2, 2010 12:42pm Dec 2, 2010 12:42pm
Quoting Low Profile
Hello Caillou, I have to disagree with you this time. It is the fact that every pair is correlated, but they have pretty significant difference in terms of movements when they fall out of the correlation range at times.

On the other hand, I have been observing your myfxbook account, I see you change account name/EAs frequently. My humble opinion, maybe try each one for at least months before making decision or adjustments? that way will have sophisticated evidence to show either they work or dont work.

Thanks

LP
Hi LP,

Yes, you are right, I have changed a lot from one version to another, very frequently. I know that with a few days it's not enough time to know if an EA will work but for me, sometimes I only need 1 day to know if I don't like a version. To know if I really like a version is totally different, I need a lot of time.

That's why I try one version, I find a mod that I think it could improve this EA then I rejected the first one, and try the new one, and more, and more and more....

Sure I'm wrong but if I don' t like now for example Art_Phantom_Full without Pipstep mod, I think it's a waste of time to spend months with it. But as I said if I like Art_Phantom_Full_TH_CL_PS I will try for months.....I reject what I don't like quickly, I try what I like slowly.....

Just my opinion.
  • #990
  • Dec 2, 2010 12:45pm Dec 2, 2010 12:45pm
Quoting tazmaan
My full version is nowhere near in trouble either, sitting at -1.5% dd right now, and still has never peaked past 8%.
A DD < 8% is really comfortable.....
  • #991
  • Dec 2, 2010 1:09pm Dec 2, 2010 1:09pm
I agree, as soon as it goes over 20% or so, usually ends up in the trash for me.
(unless its putting out 10% per day or so
  • #992
  • Dec 2, 2010 2:16pm Dec 2, 2010 2:16pm
Quoting tazmaan
I agree, as soon as it goes over 20% or so, usually ends up in the trash for me.
(unless its putting out 10% per day or so
What leverage are your accounts using?
  • #993
  • Dec 2, 2010 2:19pm Dec 2, 2010 2:19pm
PipStep should be at least 15 or 20 so that you don't accumulate too many pos at a ranging level.

PP set at 1 is too high.

these 2 factors combined, you have a ”lethal weapon“

your LIVE trading should be more conservative.

now that u r in 20% DD, you might try these two:

1. delete the biggest loser, one by one, so that you have all opened positions in hedge. for example: you have 4 pairs with opened position:
LONG: 5gu, 3ej; SHORT 3gj, 4eu;
so you close 2 gu losers, and 1 eu loser (well, eu might not be loser, but in order to form a hedged basket, you might have to just close 1 ej), then you will have:
Long 3gu(you cut 2), 3ej; and Short 3gj, 3eu(you cut 1)
now, this 3:3:3:3, is a good hedge, your DD will be fixed at this level mostly.

2. adjust your EA's PP to some 0.01 or 0.02, anyway, very small value, so that when market moves, your EA will take out your positions faster, hopefully.

This is my advice, but you take your own risk. good luck. however, Low PP, and some PipStep value are safeguards to your capital, don't loose them in future.



Quoting dambuster
art_phantom_full
Account leverage: 1:500
Initial balance: 1000
MMTU setting: 0.4
PP setting: 1
PipStep if applicable: na

19 open trades, MaxDD 18.02%
  • #994
  • Dec 2, 2010 2:21pm Dec 2, 2010 2:21pm
Quoting saintmo
What leverage are your accounts using?
Testing all on 300:1, 1k balance
  • #995
  • Dec 2, 2010 3:11pm Dec 2, 2010 3:11pm
Quoting tazmaan
Testing all on 300:1, 1k balance

OK; thanks.

saintmo
  • #996
  • Dec 2, 2010 3:12pm Dec 2, 2010 3:12pm
Quoting Caillou
About Cut Loss mod, my first opinion was not very positive, but after reading post 262 from Frazerd in "Phantom 6 System" thread, I think a bit different.

I recommend you to read that, make much sense to me the last paragraph.
I agree too now, I'm trying x4 multiplier, although I think x3 is optimal.
  • #997
  • Dec 2, 2010 4:23pm Dec 2, 2010 4:23pm
Phantom_Full still floating at the moment. I will switch to Phantom_Full_TH_CL_PS if Phantom_Full reaches DD of >15% (now still below 10%). It is up to the EA to save itself from being replaced
  • #998
  • Dec 2, 2010 7:46pm Dec 2, 2010 7:46pm
i added pipstep logic to it, this mod is not working at all. its taking too many trades to close. with one pair, we need some momentum (in terms of number of pairs, number of lots, number of pips) to help us reach PP. With pipstep number trades is reduced but also profitabality. i havent measured how much improvement it made in terms of DD

with 3 pairs, it may be a different story

without pipstep, withput stoploss, without trading hours filter this EA gave 26 pops in last 15 days. with 200:1, MMTU 0.2, PP 0.5 H1. but if i run this from jan 2010, results are scary especially at begining. it almost hit 0 balance in feb-mar
Attached File(s)
File Type: mq4 Single Pair Phantom.mq4   26 KB | 263 downloads
  • #999
  • Dec 2, 2010 8:31pm Dec 2, 2010 8:31pm
yep, already makes a difference. that last report I sent showing like 90% dd, a simple pipstep addition of 15 on that same run, decreased the dd to 50% with same profit.
Will play with it some more, even though I see no benefit at all to running a single pair version
  • #1,000
  • Dec 2, 2010 8:56pm Dec 2, 2010 8:56pm
Quoting roundrock
can someone explain the edge with this system ? you are taking a random start price and buy if it goes up and sell if it goes down. but if the market goes up and down in a range that keeps expanding to a point that your account blows out.

how can you avoid the big DD and the death trade.

with more pairs, chances of one pair getting into a good trend and hence help us reach the PP are more. with one pair, that chance is less plus the ideosynchrocies of that pair plays a major role.
I have applied your latest version (not pip step) and I am completely surprised.

Starting balance: $500
Profit: $60
Time frame: 15min
Lot size: 0.01 PP: 1% MMTU: 50%
Duration: Less than 24hrs
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