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Phantom 6 System

  • #261
  • Dec 1, 2010 4:47pm Dec 1, 2010 4:47pm
Currently I'm trying a trend filter to prevent a pair from trading against it's own trend.

I think it is common sense to do this as the pair will always make big moves in the right direction where there is the least resistance.

I still have to refine it as my first iteration was very slow at detecting the change of trend.
  • #262
  • Edited Dec 2, 2010 12:11pm Dec 1, 2010 9:18pm | Edited Dec 2, 2010 12:11pm
Quoting the-game
Currently I'm trying a trend filter to prevent a pair from trading against it's own trend.

I think it is common sense to do this as the pair will always make big moves in the right direction where there is the least resistance.

I still have to refine it as my first iteration was very slow at detecting the change of trend.
Yes, I saw your latest post on the trend filter. Thanks for all your work on the mods. As you can see I'm using them on the 6 pair versions.

I have read some of your posts about the CL and I am not in agreement. I'm with LP on that one. Don't know if you read my post on the previous page where I put it on a dying Collective demo and it saved the day. If I had not done that, it would have taken a looong time for the EA to recover enough to overcome those big losers and it might never have happened, unless it went into margin call,EDIT: which closes the biggest losers, and that may well have allowed it to survive, as we have seen happen several times now. But that woud have taken even more time.

Here is my thinking on that subject: cutting the biggest losers does not disrupt the normal functioning of the EA. It just speeds it up. Think about it.. if the biggest loser pair turns around and becomes the biggest winner, how long will it take for that biggest loser to become a winner? And until it does become a winner the EA cannot open new trades on that pair. On the other hand if you have closed the biggest losers, the less big losers of that pair that have not been cut will come into profit at some point and the EA will open new trades of that pair much sooner and bring the basket into profit sooner.
Frazer
  • #263
  • Dec 2, 2010 5:49am Dec 2, 2010 5:49am
On my latest Phantom6_01x:

Running with cut loser set at x2 $profit target. Since last closure the EA has cut 11 strait losing trades. It is $90 away from equity close target.

It will be interesting to see how it recovers, or if it does recover. Still like the idea but not sure exactly where the losers should be cut. I am testing a few different variations but only running for few days so will need more time to see what happens.
  • #264
  • Dec 2, 2010 10:48am Dec 2, 2010 10:48am
Quoting frazerd
They had about 3 pages of pissing contests. Too many prima donnas trying to tell each other what to do. But they are coming up with some good ideas. I have not contributed because I'm not running any of their 3 pair versions. They are now trying to develope a 1 pair version. That one really confuses me, but it uses real hedging I believe and would be of no use to those of us trading in the US.
I'll leave them to cut their own paths through the dark forests and jungles, or have their forty years in the desert, or whatever.
Open to new approaches.
  • #265
  • Dec 2, 2010 4:57pm Dec 2, 2010 4:57pm
Quoting frazerd
Yes, I saw your latest post on the trend filter. Thanks for all your work on the mods. As you can see I'm using them on the 6 pair versions.

I have read some of your posts about the CL and I am not in agreement. I'm with LP on that one. Don't know if you read my post on the previous page where I put it on a dying Collective demo and it saved the day. If I had not done that, it would have taken a looong time for the EA to recover enough to overcome those big losers and it might never have happened, unless it went into margin call,EDIT: which...
I'm with LP and you now, even before I read this post, because my EURUSD sell is now about -243 pips (maybe even more before I looked at it this morning!).

I think I will now use the CL mod, but the multiplier I still have to figure out.
  • #266
  • Dec 2, 2010 4:59pm Dec 2, 2010 4:59pm
Quoting thorn
On my latest Phantom6_01x:

Running with cut loser set at x2 $profit target. Since last closure the EA has cut 11 strait losing trades. It is $90 away from equity close target.

It will be interesting to see how it recovers, or if it does recover. Still like the idea but not sure exactly where the losers should be cut. I am testing a few different variations but only running for few days so will need more time to see what happens.
Low Profile on the Art Phantom thread has said that the x2 multiplier is too small, he said he is finding more success with the x3 multiplier.

I'm going to try x4 to start with and see how I go.
  • #267
  • Dec 2, 2010 6:56pm Dec 2, 2010 6:56pm
Quoting MetaCoder
I'll leave them to cut their own paths through the dark forests and jungles, or have their forty years in the desert, or whatever.
I've done my four(ty) years regarding EA's. The time draws near for a solution. I've witnessed my "EA goals" being achieved and now only need to witness consistency.

There is a 3 pair version (not yet posted) that shows great promise. We shall see.

Best Regards,

TR
  • #268
  • Edited Dec 3, 2010 8:37am Dec 2, 2010 8:42pm | Edited Dec 3, 2010 8:37am
Quoting the-game
Low Profile on the Art Phantom thread has said that the x2 multiplier is too small, he said he is finding more success with the x3 multiplier.

I'm going to try x4 to start with and see how I go.
I think the CLM setting may need to be adjusted for the type account, leverage and PP. I need to examine this theory more closely, but that is my initial thinking based on the different types of accounts and different leverages I am using on demos. I have several IBFX mini 50:1 demos plus a Tadawal standard 500:1 and a Collective standard 100:1. The IBFX accounts are TRUE mini accounts where 1 pip = 1 cent, whereas the accounts that some brokers refer to as mini accounts, only because they allow .01 lot size, 1 pip = 10 cents.

So on a $3000 IBFX account with PP 1 ($30) and MMTU .4 I am
trading .05 lot per trade and at 50:1 leverage rarely see a loser as big as -$30.

On TheCollective with same PP ($30) and MMTU .6 I am trading .02 lot per trade and with 100:1 leverage during a big DD biggest losers are -70 and up to -125.

Tadawal is totally different since they have a .05 min lot size and .05 step. That account started with $4000 and is now up to almost $5000. At .4 MMTU I am now trading .1 lot per trade, Profit Target is $50. At 500:1 leverage I often see losers of -70 and as big as -160.

Long story, short, I think for a 50:1 MINI account the CLM needs to be as low as 1 or maybe even .75 to be effective at all. And on the standard accounts with higher leverage 2 seems to be appropriate. I have used 2 on both of those and had good results. As I said, I need to look closer at those accounts to see what might be the best settings. But my initial thought is that 3 would be too large to be effective on the higher leveraged accounts and 4 would probably never cause a cut.

EDIT: That is if your PP is 1. If it is .5 you can double those figures and if 2 half them. Just saw my mistake from the first edit.
Frazer
  • #269
  • Dec 2, 2010 9:57pm Dec 2, 2010 9:57pm
My thoughts exactly, hence why I am using CLM of 3, so that the EA will only cut in the most dire of situations.
I guess it really depends on your own personal risk threshold.
  • #270
  • Dec 3, 2010 8:41am Dec 3, 2010 8:41am
Quoting frazerd
EDIT: That is if your PP is 1. If it is .5 you can double those figures and if 2 half them. Just saw my mistake from the first edit.
Just saw my dumb mistake in my edit on above post and corrected it. It was a little late when I posted that last Night.
Frazer
  • #271
  • Dec 3, 2010 4:58pm Dec 3, 2010 4:58pm
This EA is humming right along and staying out of trouble. Three weeks now trading $39,500 demo.with 50:1 leverage. 10 closures for a total of $2,000 with these settings MMTU .3-.4, with a second EA ( on another chart) that closes all trades(very quickly) at $200 profit. The most trades was 70+ with the first basket with most baskets closing since in less than 20-25 trades. Some baskets had less than 10 trades. Biggest DD- (-1.78%), lowest margin-(686%)
  • #272
  • Dec 3, 2010 11:42pm Dec 3, 2010 11:42pm
Quoting Toothman
This EA is humming right along and staying out of trouble. Three weeks now trading $39,500 demo.with 50:1 leverage. 10 closures for a total of $2,000 with these settings MMTU .3-.4, with a second EA ( on another chart) that closes all trades(very quickly) at $200 profit. The most trades was 70+ with the first basket with most baskets closing since in less than 20-25 trades. Some baskets had less than 10 trades. Biggest DD- (-1.78%), lowest margin-(686%)
Absolutely right, and it runs really smooth. I am surprised with comparatively fewer no of pairs opened at any given time compared to 3 pair phantoms, and I am itching to go Live. Probably the hedging factor works perfectly here.
"Put all your efforts in becoming effortless"
  • #273
  • Dec 4, 2010 7:52pm Dec 4, 2010 7:52pm
Running with cut loser set at x2 $profit target. Since last closure the EA has cut 11 strait losing trades. It is $90 away from equity close target.

Just an update. PH6_01x cut loser x2.

EA trimmed total of 19 strait trades then recovered and closed twice on friday. total profit for week was 1.89%.

The settings are mmtu- 0.8. prfit %- 0.30.

OK here is what I noticed going over all the trades for the week. Most of the trims were EURUSD shorts. When EU and GU took off after nfp the long GU trades are what mostly brought the EA to profit. Had I not trimmed the EU shorts they would have dragged down the EA and probably would have kept it from closing. Now to be fair there were some trades that were closed as losers and then came back into profit. But overall I would say the trims did their job and allowed the EA to profit from a strong move on friday.
Not convinced x2 is the best setting but I will continue to test and Im also testing x3 and also x1. Surprisingly trimming at x1 has also worked well so far. I will test for few week and see how it goes.

I figure the end of month around the holidays should be a good test for these EA's as the market gets thin and choppy.
  • #274
  • Dec 4, 2010 8:38pm Dec 4, 2010 8:38pm
been forward-testing 01x with relatively promising results. i just added the cut loss and pipstep code as I think that is some needed structure in a system such as this. i will continue to test 2 versions of it to observe wiggle room, r:r, etc.
was wondering...i took a look at the code but couldnt figure out how to alter the 60min interval (not a coder). if anyone could give me a pointer i'd appreciate it. thanks
  • #275
  • Edited 10:08pm Dec 4, 2010 9:47pm | Edited 10:08pm
Quoting thorn
The settings are mmtu- 0.8. prfit %- 0.30.
May I ask what leverage you are trading and account balance?

My 01x, mini acct, 50:1 leverage and $3000 starting balance has never closed and I have now added the CL function and it has closed 14 losers at CLM 1.5 and waitng for a good move to get into profit. MMTU is .5 and PP .5

I am also using CL on Ph6_01a, same leverage and settings, but the CL function has not yet been activated. The EA has closed 5 times on equity pops without any trades reachig -1.5*$PT.

On Ph6_01 I am now using the x factor plus latest mods from the-game and it is called Ph6_01_x_CL_PS_TH. Same basic settings as above with TH 7, 19 and PS 10. That was just added Thursday and it has closed one time. I suspect that using PipStep may preclude the large losers, or at least several of the same pair.
Attached File(s)
File Type: xls IBFX Phant6.xls   214 KB | 264 downloads
Frazer
  • #276
  • Dec 5, 2010 7:21am Dec 5, 2010 7:21am
loaded ea but canfind cutlosss parasmeter is it in the code?
Quoting thorn
Running with cut loser set at x2 $profit target. Since last closure the EA has cut 11 strait losing trades. It is $90 away from equity close target.

Just an update. PH6_01x cut loser x2.

EA trimmed total of 19 strait trades then recovered and closed twice on friday. total profit for week was 1.89%.

The settings are mmtu- 0.8. prfit %- 0.30.

OK here is what I noticed going over all the trades for the week. Most of the trims were EURUSD shorts. When EU and GU took off after nfp the long GU trades are what mostly brought the EA to profit....
  • #277
  • Dec 5, 2010 8:25am Dec 5, 2010 8:25am
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 03/12/2010 20:00 pm 4653.80 +55.13%
DD = MAX -1685.91
LM = 61.53%
Attached Image (click to enlarge)
Click to Enlarge Name: DetailedStatement.gif Size: 6 KB
  • #278
  • Dec 5, 2010 8:32am Dec 5, 2010 8:32am
Quoting Ziogioit
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 03/12/2010 20:00 pm 4653.80 +55.13%
DD = MAX -1685.91
LM = 61.53%
Did you have a margin call with that 61% margin. If so, how many trades were closed by broker before your basket TP'd.? thanks
  • #279
  • Dec 5, 2010 8:40am Dec 5, 2010 8:40am
There doesn't seem to be much said about the AddSix02a EA. Is anyone else running it besides me and IamTHAT. Has anyone had a margin call or very low margin with it? I know MC thought it was the most consistent of the bunch when he started this thread. So far I"m loving it. See my results in post 271.
  • #280
  • Dec 5, 2010 11:51am Dec 5, 2010 11:51am
Censura,

Cut loss is a mod you need to add to the EA. Im on my laptop so I dont have access to my home comp ATM.. You can find it in some of the EAs already posted, if you know how to cut/paste you can add it to the EA you are using. If not I can post the lines you will need to add, but not untill later tonight.
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