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Art Phantom EA

  • #1,041
  • Edited 4:44pm Dec 3, 2010 4:14pm | Edited 4:44pm
You're right, but dont forget that the hedging is a stop loss "method". But it's better cause of the second chance. I think this is one of the ways, to make a big profit. You are absolutely right about decreasing But this is only seems like increasing, in the reality is not increasing. You aren't increasing the loser trades. (the loss is stoped). BTW the system is amazing, and respect for everyone, who developed the EA!
Attached Image (click to enlarge)
Click to Enlarge Name: hedge system.gif Size: 18 KB
Develop the old ways! Backtest with 25% quality... JOKE!
  • #1,042
  • Dec 3, 2010 4:53pm Dec 3, 2010 4:53pm
I have to think about it. I'm with you, I love when the basket reaches an hedge situation. It happened to me today before NFP and nothing moves, it's the safest situation you can have.

Since I read your first comment, I can't forget the idea of cutting winners. What about if when a loser trade hit for example 2 * Profit Target, we close the trade AND when a winner trade hit the same, we close it too? The Balance will be the same, number of trades will decrease and we will limit the maximum for a winner and loser trade. And the most important, I think we could increase the speed for EA's reaction for openning news and fresh trades.

I think someone (sorry, I don't remember his name) is doing manually something similar with success.
  • #1,043
  • Dec 3, 2010 5:01pm Dec 3, 2010 5:01pm
Sorry, but can you explain it again? I'm lost. Sorry.
Edit: I think we speak about nearly the same thing I call it: Free trade, or non loss trade Check the pic.
Develop the old ways! Backtest with 25% quality... JOKE!
  • #1,044
  • Dec 4, 2010 12:00am Dec 4, 2010 12:00am
Quoting Caillou
Vienna, change pairs in "Add to winning pairs"...
Caillou...
can u explain what modification to be done to change time frame ie full to light version?
I am not able to find out...
Thanx in advance
  • #1,045
  • Dec 4, 2010 1:26am Dec 4, 2010 1:26am
Quoting floydian666
Sorry, but can you explain it again? I'm lost. Sorry.
Edit: I think we speak about nearly the same thing I call it: Free trade, or non loss trade Check the pic.
It's a bit difficult for me to explain. Basically I'm talking about the "Cut the biggest loser" strategy + "Cut the biggest winner" strategy but as I said before maybe it's a total nonsense.

About you idea, when a loss trade reach -50.-$, we hedge it, and we do the same for each trade with -50.-$ ? I want to understand you because it could be a good idea.....
  • #1,046
  • Dec 4, 2010 1:30am Dec 4, 2010 1:30am
Quoting 24hrs
Caillou...
can u explain what modification to be done to change time frame ie full to light version?
I am not able to find out...
Thanx in advance
I can't open metaeditor now, I'm not in the office but I think it's in the beginning of "Add to winning pairs", just delete the 45 checking.....
  • #1,047
  • Dec 4, 2010 2:54am Dec 4, 2010 2:54am
Quoting Caillou
It's a bit difficult for me to explain. Basically I'm talking about the "Cut the biggest loser" strategy + "Cut the biggest winner" strategy but as I said before maybe it's a total nonsense.

About you idea, when a loss trade reach -50.-$, we hedge it, and we do the same for each trade with -50.-$ ? I want to understand you because it could be a good idea.....
You get it! Yes. We hedge the -50$ trades. As I explained, it's like a stop loss, with a second chance. So in Worst Case, the hedge will remains for years... like an "opened stop loss".
Develop the old ways! Backtest with 25% quality... JOKE!
  • #1,048
  • Dec 4, 2010 3:09am Dec 4, 2010 3:09am
Quoting floydian666
You get it! Yes. We hedge the -50$ trades. As I explained, it's like a stop loss, with a second chance. So in Worst Case, the hedge will remains for years... like an "opened stop loss".
Ok, I have to think about it.......
  • #1,049
  • Dec 4, 2010 7:57pm Dec 4, 2010 7:57pm
I continue to make adjustments on the 4D version and an occasional 2%+ daily ain't all bad (running with another EA). I'll continue tweaking and post a final version if I find it.

I'll likely try moving away from trading EUR pairs due to the higher margin requirements. At 50:1 margin, 1 lot of EUR is $279 +, GBP pairs are $317 or so while NZDUSD requires about $152. That's worthy of consideration.

Further testing needed.

Regards,

TR
Attached File(s)
File Type: xls IBFX DEMO 1 Mini.xls   30 KB | 269 downloads
  • #1,050
  • Dec 5, 2010 1:30am Dec 5, 2010 1:30am
Quoting TradeRunner
I continue to make adjustments on the 4D version and an occasional 2%+ daily ain't all bad (running with another EA). I'll continue tweaking and post a final version if I find it.

I'll likely try moving away from trading EUR pairs due to the higher margin requirements. At 50:1 margin, 1 lot of EUR is $279 +, GBP pairs are $317 or so while NZDUSD requires about $152. That's worthy of consideration.

Further testing needed.

Regards,

TR
Thank you TR,

Please keep posting your results.......
  • #1,051
  • Dec 5, 2010 5:10am Dec 5, 2010 5:10am
Quoting Caillou
Ok, I have to think about it.......
In my own thread somebody asked me about my hedge system and I think we have to talk about it. The question was, what happens when we close the hedge position at 0 loss, and the price turns once again to short direction. (the candles turn short if the price is between the hedge and the primary position).
I think we can add the third chance, example at -100$ or somewhere. I think we can't lose the 2-3-4-5... chances... it's so unreal. If we win only one chance, we win back all of the losses. Of course we have to make a good money management system customized for each pair. And remember this system is working only if we have a hard time and big losses.
Develop the old ways! Backtest with 25% quality... JOKE!
  • #1,052
  • Dec 5, 2010 5:52am Dec 5, 2010 5:52am
Quoting floydian666
In my own thread somebody asked me about my hedge system and I think we have to talk about it. The question was, what happens when we close the hedge position at...
I' m going to read your thread, sounds really interesting......
  • #1,053
  • Dec 5, 2010 10:52pm Dec 5, 2010 10:52pm
Good morning

After extream now I stopped testing full version. (DD -$200+, for 0.01 lot size, 20+trades running, 1:100 margin).
Light version is still under control.

Started single pair phantom testing on 5m 15m 30m 60m timeframes.

Regards,
24hrs
  • #1,054
  • Dec 5, 2010 11:53pm Dec 5, 2010 11:53pm
24hrs, it is because you are testing with MMTU set to 50 (50% of your margin), is that correct?
  • #1,055
  • Dec 6, 2010 1:19am Dec 6, 2010 1:19am
Quoting the-game
24hrs, it is because you are testing with MMTU set to 50 (50% of your margin), is that correct?
Yaa may be....
but I dont give more importance to MMTU.. and I will not mind to use even 90% MMTU either. I dont think MMTU makes any change even if it use 10%... Just only less trades, but very less hopes for recovery.
But 30-20 trades with more than $200 dd is not justified for any EA.
  • #1,056
  • Edited 4:31am Dec 6, 2010 3:24am | Edited 4:31am
Despite closing the biggest loser last week, Max DD now on 27% with art_phantom_full

Although very dissapointing, as its on a live account, I will let it run its course either to a margin call or to recovery...
  • #1,057
  • Dec 6, 2010 6:15am Dec 6, 2010 6:15am
Phantom_Full
1 Basket closed, carry over from last Friday. Plus 2 more baskets today since I use low PCT. If EU keep going south, going to close another basket soon (I saw EU bouncing back up just now).

MMTU 1.6
PCT 0.4
DD -7.9
Cum Profit since day1 $1300

Opened another system:

Phantom_Full_SinglePair
1 basket closed, but now EA stop trading? Will wait for some more minutes before restarting the EA.

MMTU 1.0
PCT 1.0
DD.. (i guess EA reset it to zero?)
  • #1,058
  • Dec 6, 2010 9:49am Dec 6, 2010 9:49am
Quoting 24hrs
Yaa may be....
but I dont give more importance to MMTU.. and I will not mind to use even 90% MMTU either. I dont think MMTU makes any change even if it use 10%... Just only less trades, but very less hopes for recovery.
But 30-20 trades with more than $200 dd is not justified for any EA.
It matters because it determines the lotsize your trades are opening at. If you lotsize is too high relative to your balance, of course your DD is doing to be too high.
I STILL have yet to see dd over 8%, and I have been running full untouched for the 3rd week now.

http://www.myfxbook.com/widget?id=68...pe=1&color=red
  • #1,059
  • Dec 6, 2010 9:50am Dec 6, 2010 9:50am
Quoting dambuster
Despite closing the biggest loser last week, Max DD now on 27% with art_phantom_full

Although very dissapointing, as its on a live account, I will let it run its course either to a margin call or to recovery...
I don't think you had answered as to what lotsize/balance you are running?
  • #1,060
  • Dec 6, 2010 10:25am Dec 6, 2010 10:25am
Quoting tazmaan
I don't think you had answered as to what lotsize/balance you are running?
Hi Tazmaan,

What were your settings, leverage and account balance for your Art_Phantom_Full? Running 24/7?

An 8% DD is really comfortable.
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