None of these have ever traded. All started on fresh demo accounts and this is the first time I have ever tested any of these.
Hi,
I have done a lot of forward testing on demo accounts (VPS) and think, that Art Phantom too often opens position into the "wrong" direction. This of course ends up in draw downs that all of us are hardly trying to avoid.
After analyzing the forward test, I decided to use a trend filter. As QQE Advance gives reliable results, I quickly hacked together a modified version of the Art Phantom EA now using QQE. From my observation it gives better results than the other variants of the Art Phantom. But please try for yourself.
Put the attached modified EA in your /experts folder and the QQE indicator in the /experts/indicators dir. The Art Phantom QQE introduces a few new parameters (scroll down to the bottom of the input parameters):
QQE_Timeframe: The timeframe QQE uses. I had good results with 60 (= 1h) and 30 (= 30m).
QQE_SF, QQE_RSI_Period, QQE_WP: leave these as they are unless you know what you are doing!
Furthermore the actual trend of QQE is displayed in brackets right to the Phantom pairs.
The massive use of QQE consumes a lot of CPU power. Please don't complain if your machine is getting slow
One final word. While using this modified version of the Art Phantom, I usually leave the PP very small (like 0.2), especially when using small timeframes (QQE_Timeframe=30). This results in frequent trades and quick (small) profits. Looks like I prefer to have some small money quick in my pocket
Cheers,
Andy
I have done a lot of forward testing on demo accounts (VPS) and think, that Art Phantom too often opens position into the "wrong" direction. This of course ends up in draw downs that all of us are hardly trying to avoid.
After analyzing the forward test, I decided to use a trend filter. As QQE Advance gives reliable results, I quickly hacked together a modified version of the Art Phantom EA now using QQE. From my observation it gives better results than the other variants of the Art Phantom. But please try for yourself.
Put the attached modified EA in your /experts folder and the QQE indicator in the /experts/indicators dir. The Art Phantom QQE introduces a few new parameters (scroll down to the bottom of the input parameters):
QQE_Timeframe: The timeframe QQE uses. I had good results with 60 (= 1h) and 30 (= 30m).
QQE_SF, QQE_RSI_Period, QQE_WP: leave these as they are unless you know what you are doing!
Furthermore the actual trend of QQE is displayed in brackets right to the Phantom pairs.
The massive use of QQE consumes a lot of CPU power. Please don't complain if your machine is getting slow
One final word. While using this modified version of the Art Phantom, I usually leave the PP very small (like 0.2), especially when using small timeframes (QQE_Timeframe=30). This results in frequent trades and quick (small) profits. Looks like I prefer to have some small money quick in my pocket
Cheers,
Andy
- #1,089
- Dec 7, 2010 5:04pm Dec 7, 2010 5:04pm
Hi,
I have done a lot of forward testing on demo accounts (VPS) and think, that Art Phantom too often opens position into the "wrong" direction. This of course ends up in draw downs that all of us are hardly trying to avoid.
After analyzing the forward test, I decided to use a trend filter. As QQE Advance gives reliable results, I quickly hacked together a modified version of the Art Phantom EA now using QQE. From my observation it gives better results than the other variants of the Art Phantom. But please try for yourself.
Put the attached...
I will try QQE now
- #1,092
- Dec 7, 2010 8:03pm Dec 7, 2010 8:03pm
- Joined Dec 2006 | Status: Backtest is meaningless (to me) | 2,176 Posts
