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Art Phantom EA

  • #1,141
  • Edited 2:37pm Dec 9, 2010 2:22pm | Edited 2:37pm
Hello Hopfi2k,

I have some ideas I would like to experiment with. Maybe you could assist? I'm not an MT4 coder, but I can sometimes hack other peoples code and get it to do what I want.

What does QQE return when a symbol is ranging? 0=downtrend, 1=uptrend. Does 2=ranging? The reason I ask is I would like to test not opening new trades when ranging. Currently the logic prevents opening short trades when the trend is up and long trades when the trend is down, but it will open trades in either direction when ranging. (or am I confused?) I suspect we might further reduce DD by only opening orders when there is a trend.

QQE might also be a good 2nd check when cutting losers. Overall we had improved performance when using a stoploss, but it made the results a little choppier in places due to reversals after the cuts. We might try only closing losing buys that exceed our SL and QQE=1(down trend) and the inverse close losing sells when they exceed SL and QQE=0 (uptrend). Implementing this is outside my abilities as we can't just set the SL when the order is opened. It would have to be tracked by the ea. Implementing this along with the other CL-cutloser code would probably be easier.

I don't know that either of these suggestions would actually help, but I have a feeling they could and backtesting will confirm or refute.
  • #1,142
  • Dec 9, 2010 2:33pm Dec 9, 2010 2:33pm
Hi all,

I took the latest ideas (credit go to roundrock) and changed the QQE version as follows:

1. Only open a position if trend of QQE_TrendTimeframe (default H4) AND QQE_EntryTimeframe (default M14) match. In other words, QQE for both timeframes have to be in the same direction.

2. If a maximum number of open trades (Reduce_PP_afterMaxTrades, default 12) is reached, the ProfitPct is set to Reduce_PP_to (default 0.0). This should in theory allow the basket to close more easily at the price of no profit (depending of the Reduce_PP_to setting).

I didn't spend time in testing this, so don't blame me if something goes wrong

Cheers,
Andy
Attached File(s)
File Type: mq4 art_phantom_full_qqe_dual.mq4   54 KB | 333 downloads
  • #1,143
  • Dec 9, 2010 2:40pm Dec 9, 2010 2:40pm
Quoting hopfi2k
Hi all,

I took the latest ideas (credit go to roundrock) and changed the QQE version as follows:

1. Only open a position if trend of QQE_TrendTimeframe (default H4) AND QQE_EntryTimeframe (default M14) match. In other words, QQE for both timeframes have to be in the same direction.

2. If a maximum number of open trades (Reduce_PP_afterMaxTrades, default 12) is reached, the ProfitPct is set to Reduce_PP_to (default 0.0). This should in theory allow the basket to close more easily at the price...
Thanks a lot Andy.

So "Reduce_PP_to" can be a negative value ?
  • #1,144
  • Dec 9, 2010 2:44pm Dec 9, 2010 2:44pm
In theory...yes.

Haven't tried it yet, but I'll have a look into the code.

Cheers,
Andy

Quoting Caillou
Thanks a lot Andy.

So "Reduce_PP_to" can be a negative value ?
  • #1,145
  • Dec 9, 2010 2:49pm Dec 9, 2010 2:49pm
Quoting hopfi2k
In theory...yes.

Haven't tried it yet, but I'll have a look into the code.

Cheers,
Andy
Thank you. Will test tomorrow.
  • #1,146
  • Dec 9, 2010 2:52pm Dec 9, 2010 2:52pm
CyberNerd,

The "RANGING"-question was a good one! Seems like you are having any eye for details
Ranging indicates, that main and signal line of QQE are closer than 5 pips. Whenever main and signal line are coming close, either a trend change is ahead (crossing) or the trend is weak. Instead of getting caught just before a trend change (main and signal narrow, later crossing), I decided its better not to open a position rather than risking to be trapped on the wrong side of the trend (by indicating RANGING which maybe is a bit confusing, maybe I should call that situation "FORBIDDEN" or "WEAK"?)

Your idea of cutting single losers when exceeding SL and QQE trend is opposite is something that I can quickly implement. Give me 15 minutes.

Cheers,
Andy


Quoting CyberNerd
Hello Hopfi2k,

I have some ideas I would like to experiment with....
  • #1,147
  • Dec 9, 2010 3:25pm Dec 9, 2010 3:25pm
Quoting Caillou
I know, I know but if I don´t get excited now, maybe I will not get later, so I like to live the present, just in case the future is worse.

Single_Pair_Phantom from post 998 (Pipstep 0 and the rest of filters false), EUR/USD, M15 (and M30 if is not too much), MMTU: 0.4, PP:0.5, 10.000.-$, 500:1

Thank you very much Tazmaan
Here you go, m15 and m30 since jan 2010 (not all the way til today, didn't feel like going thru the painful process of updating my tickdata after 11/26, which was the last time I updated it).
Attached File(s)
File Type: zip singlepair.eum30.zip   29 KB | 223 downloads
File Type: zip singlepair.eum15.zip   30 KB | 232 downloads
  • #1,148
  • Edited 3:57pm Dec 9, 2010 3:37pm | Edited 3:57pm
Hello again,

...here comes another new version of the Art Phantom.

This time adding CyberNerds idea of closing single looser pairs if SL hit and the position is against QQE Trend. (good one, CyberNerd!)

New parameter in settings SL_per_position. Default is 50 (pips). If a position goes 50 or more pips into loss and meanwhile QQE trend changed, this position is closed.

Again, this is totally untested, use on your own risk

Cheers,
Andy
Attached File(s)
File Type: mq4 art_phantom_full_qqe_dual_sl.mq4   56 KB | 318 downloads
  • #1,149
  • Dec 9, 2010 4:11pm Dec 9, 2010 4:11pm
Quoting tazmaan
Here you go, m15 and m30 since jan 2010 (not all the way til today, didn't feel like going thru the painful process of updating my tickdata after 11/26, which was the last time I updated it).
Thank you very much Tazmaan, but Pipstep is set to 15? I'm forwardtesting with Pipstep set to 0. I'm not sure about the advantages of this mod with one pair version.

Don't worry, thanks for your backtest.
  • #1,150
  • Dec 9, 2010 4:28pm Dec 9, 2010 4:28pm
Quoting Caillou
Thank you very much Tazmaan, but Pipstep is set to 15? I'm forwardtesting with Pipstep set to 0. I'm not sure about the advantages of this mod with one pair version.

Don't worry, thanks for your backtest.
Sorry, appears I missed changing that. Rerunning them for you now
  • #1,151
  • Dec 9, 2010 4:48pm Dec 9, 2010 4:48pm
here they are
Attached File(s)
File Type: zip singlepair.eu.zip   89 KB | 222 downloads
  • #1,152
  • Dec 9, 2010 5:29pm Dec 9, 2010 5:29pm
Quoting tazmaan
here they are
Thanks again Tazmaan.

I think now settings are correct but there's still something different with forwardtest. I mean with the same settings, in my forward test, my initial lot size is 0,2 lots to reach 50.-$ profit, that it is 25 pips movement for one trade.

In backtest initial lot size is 0,04 for the same profit, so 125 pips for one trade. With my lot size the first profit in backtest would be reached with 3 trades, not with 17 as show the backtest.

I think leverage must be much lower with Gomarkets (I have 500:1), MMTU with Leverage and Balance will determine Lot size, then I think results can not be compared with my forwardtest, maybe they will be better or worst.

Anyway, thank you Tazmaan
  • #1,153
  • Dec 9, 2010 5:56pm Dec 9, 2010 5:56pm
I believe my gomarket demo platform that I use for the tickdata backtesting is set at 300:1
I can't change it to 500:1. I can play with the mmtu to get it to line up if u want me to, will just take tweaking that is all.

Not pretty
Attached File(s)
File Type: zip singlepair.eu.m15.30.zip   41 KB | 212 downloads
  • #1,154
  • Dec 9, 2010 7:32pm Dec 9, 2010 7:32pm
Quoting CyberNerd
I've been following this thread and the two by metacoder. Congrats to everyone who contributed on developing this system. I would like to share the results of my testing.

I'm using the version of the single phantom ea I posted yesterday. All my backtests have been performed on metaquotes 90% data. Alpari UK is my broker. Unfortunately, thats the best I can offer. I've run all my backtests from Jan 1, 2008-to date. This takes forever, but fortunately I have a fast gaming system. if you are just testing a couple months, you don't see the whole picture....

excellent analysis. this will really help everyone. just to make sure ShowComments should be false in backtesting to speed it up
  • #1,155
  • Dec 9, 2010 7:38pm Dec 9, 2010 7:38pm
Quoting hopfi2k
Hi all,

I took the latest ideas (credit go to roundrock) and changed the QQE version as follows:

1. Only open a position if trend of QQE_TrendTimeframe (default H4) AND QQE_EntryTimeframe (default M14) match. In other words, QQE for both timeframes have to be in the same direction.

2. If a maximum number of open trades (Reduce_PP_afterMaxTrades, default 12) is reached, the ProfitPct is set to Reduce_PP_to (default 0.0). This should in theory allow the basket to close more easily at the price...

Reduce_PP_to cant be 0, it has to be a small negative like -0.1

with 0, we could reach DEADLOCK. if there 5 buys and 5 sells in equidistance from startPrice, then max net profit is 0 (minus spread) whichever way the market goes beyond the range.
  • #1,156
  • Dec 10, 2010 12:20am Dec 10, 2010 12:20am
I added bailout code to the existing EA. All prev features still exist, this is an additional feature

I added 3 new external parameters

TotalMaxOrders --- If the basket reaches this many trades (in both directions together), it stops placing new order

BailoutLossPct --- When we reach TotalMaxOrders stage, we look to bailout with a small loss. this is a positive number, but still a loss


BailoutCooling -- After we bailedout with a small loss, we will wait for market to give us a new direction. This is how many bars we wait after the bailout before starting a new basket. my suggestion is atleast 10 bars.


If after reaching TotalMaxOrders , we are in profit, we will close the basket and take whatever we get. if we are in loss and loss is greater than BailoutLossPct , we will wait and hope for a closeout at BailoutLossPct .

During backtest we need to vary TotalMaxOrders and derive a optimum number thats not too big nor too small. Right now i put a number
12. this is just a guess, so dont take it as final. keep changing and get a feel...

in case you want to turnoff this feature make TotalMaxOrders as a large number like 999

i havent tested this a lot. i ran one cycle its working fine, but cant guarantee bugs.. pl report any issues
Attached File(s)
File Type: mq4 Single Pair Phantom.mq4   29 KB | 279 downloads
  • #1,157
  • Dec 10, 2010 12:38am Dec 10, 2010 12:38am
Quoting roundrock
I added bailout code to the existing EA. All prev features still exist, this is an additional feature

I added 3 new external parameters

TotalMaxOrders --- If the basket reaches this many trades (in both directions together), it stops placing new order

BailoutLossPct --- When we reach TotalMaxOrders stage, we look to bailout with a small loss. this is a positive number, but still a loss


BailoutCooling -- After we bailedout with a small loss, we will wait for market to give us a new direction. This is how many bars we wait after...
Thank you Roundrock, great work.

Is it possible to add ( I think we don't have it in this version) the feature "StopAfternoTrades" ?

Thanks again
  • #1,158
  • Dec 10, 2010 12:50am Dec 10, 2010 12:50am
i need your support guys, i've been trading EURUSD for years and i'm tired of manually trading it. so finally i've made my 1st EA, and i wrote my strategy of trading there, it still have some bugs that i'm workin on fixing it, but I have tested it on MT4 tester and attached are the results on monthly bases.
I tested it on 10,000 USD equity, trading with 1 lot standard each.

my question is, is the Tester accurate? can i rely on it as its live trading? or would the performance be different on the live trading?
please advise ...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: October.jpg Size: 63 KB
Click to Enlarge Name: Nov.jpg Size: 65 KB
Click to Enlarge Name: DEC.jpg Size: 65 KB
  • #1,159
  • Dec 10, 2010 1:43am Dec 10, 2010 1:43am
"StopAfternoTrades". what does it do ?
  • #1,160
  • Dec 10, 2010 2:07am Dec 10, 2010 2:07am
Quoting roundrock
"StopAfternoTrades". what does it do ?
If this option is set to "true", after the current basket closed, the EA will not open any new trade untill you set it to "false" again. I think this could be usefull if you need to make a withdraw, deposit, ......

You can find it in versions from post 1.

Thank you Roundrock
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