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Phantom 6 System

  • #321
  • Dec 13, 2010 10:02am Dec 13, 2010 10:02am
Hi guys,

just a short update of my Phantom6_01a, in case you are interested

Had my next closure today, which was hanging around since Wednesday last week, but my 5000 eur account has made it up to 5153 in exactly 1 week, this is little more than 3%. Nice so far, next basket already half way done but floating at the moment. DD has been 4.39% ... quite ok. Forgot to say I am using 0.02 lots on Alpari UK 1:500, and 0.5 PT. MM is 0.07 for 0.02 lots @5k.

Will fire up a myfxbook acc soon I guess.

Cheers again for all the good work, keep on going !

xxl205
"We are all just prisoners ... of our own device ..." (Hotel California)
  • #322
  • Dec 13, 2010 10:22am Dec 13, 2010 10:22am
Quoting frazerd
Here are all the AddSix EAs with the Close Loser (CL), Trading Hours (TH) and Pip Step (PS)

If CloseLoserTrades is true the EA will close any loser trade that exceeds -CloseLoserMultiplier (CLM)*Dollar Profit Target.

If UseTradingHours is true it will start a new basket of trades only during the hours you specify. But baskets that were already open will continue to function as normal.

If UsePipStep is true it will only open new trades of the same pair if it is PipStep pips above the last trade of that pair.

If you don't want to use an option...
Thanks.

If we choose trading hours option, it will not start new basket, ok. But will the EA add new trades on to existing basket during these hours?
Intraday only.
  • #323
  • Dec 13, 2010 10:53am Dec 13, 2010 10:53am
Quoting navk
Thanks.

If we choose trading hours option, it will not start new basket, ok. But will the EA add new trades on to existing basket during these hours?
Yes, that is my understanding. The way it works is, if there are no open trades at the close hour,it changes StopAfterNoTrades to true and then at the start hour it will change it back to false. Thus, if a basket is open at the stop hour the EA just continues as normal.
Frazer
  • #324
  • Dec 13, 2010 9:23pm Dec 13, 2010 9:23pm
AddSix_02a still staying out of trouble and closing every day or two. Won't let it trade now until the start of new year. Can't wait to turn it back on.
  • #325
  • Dec 13, 2010 9:29pm Dec 13, 2010 9:29pm
Yep mine also.
Frazerd,
have you still been running a default addsix 02a along with your other modded versions? Curious how it stacks up thusfar if so.
  • #326
  • Dec 13, 2010 10:17pm Dec 13, 2010 10:17pm
Quoting Toothman
AddSix_02a still staying out of trouble and closing every day or two. Won't let it trade now until the start of new year. Can't wait to turn it back on.
My demo closed 3 times yesterday with 0.4 MMTU. I will stick 0.2 or 0.3 when i go live shortly.
"Put all your efforts in becoming effortless"
  • #327
  • Dec 13, 2010 11:02pm Dec 13, 2010 11:02pm
Quoting tazmaan
Yep mine also.
Frazerd,
have you still been running a default addsix 02a along with your other modded versions? Curious how it stacks up thusfar if so.
No. All of my AddSix EAs got screwed up when I was trying to load some of the mod versions on top of the originals without stopping and removing the old version. They closed all tradeswhen I loaded the mod versions.

So I reset the Global variables and started them as if new demos and they all now have some form of the mod versions.

My AddSix_02a with x factor and Close Loser mod is doing very well also. I just did the restart on 28 Nov and it has closed 4 times and has not been below 850% margin. Settings are now MMTU .5, PP .5, CLM .5. The CLM has only come into play 1 time on the last basket.
Attached File(s)
File Type: xls IBFX AddSix.xls   654 KB | 278 downloads
Frazer
  • #328
  • Dec 13, 2010 11:05pm Dec 13, 2010 11:05pm
when the basket turns into profit, it does not matter whether the profit pct is 0.4 or 0.5 or 1.0. It closes in profit whatever you set.

I am running with profit pct 1.0 and MMTU 0.5.
Intraday only.
  • #329
  • Dec 13, 2010 11:23pm Dec 13, 2010 11:23pm
Here is the one that is really doing super.

I now have this one running with AddSix_03bx_CL_TH_PS. Settings are:
MMTU .4
PP 1.0
CLM 2
TH false
PS 20

It is up 35% since I started it on 23 Oct (less than2 months) and lowest margin has been 791.4%. Up 14% since I added the CL and PS on 30 Nov. The CLM has come into play on every basket close except one.

I am seriously considering opening a live account with TadawulFX I believe they are still accepting US clients.
Attached File(s)
File Type: xls TD_AddSix_03bx_500-1_MMTU-.4_PP-1.0.xls   154 KB | 233 downloads
Frazer
  • #330
  • Dec 13, 2010 11:47pm Dec 13, 2010 11:47pm
Quoting frazerd
Here is the one that is really doing super.

I now have this one running with AddSix_03bx_CL_TH_PS. Settings are:
MMTU .4
PP 1.0
CLM 2
TH false
PS 20

It is up 35% since I started it on 23 Oct (less than2 months) and lowest margin has been 791.4%. Up 14% since I added the CL and PS on 30 Nov. The CLM has come into play on every basket close except one.

I am seriously considering opening a live account with TadawulFX I believe they are still accepting US clients.
Have never tried CL option. Will try now.
Intraday only.
  • #331
  • Dec 14, 2010 12:46am Dec 14, 2010 12:46am
hello.
I try to understand how this EA but I do not understand (I use google translate) we take the same position we? EA should put that on the 6 pairs? etc. .. brief can you help me understand this EA with simple words I'm not a girl but very inteligente promised I'll try to understand :-)
thank you
  • #332
  • Dec 14, 2010 1:07am Dec 14, 2010 1:07am
Quoting panthere
hello.
I try to understand how this EA but I do not understand (I use google translate) we take the same position we? EA should put that on the 6 pairs? etc. .. brief can you help me understand this EA with simple words I'm not a girl but very inteligente promised I'll try to understand :-)
thank you
Doesn't matter if you are not a girl
Single EA on any pair. Only one EA can be run on one mt4 platform. (wish I could run more - running 12 mt4s on my pc now)
"Put all your efforts in becoming effortless"
  • #333
  • Dec 14, 2010 1:22am Dec 14, 2010 1:22am
Hello.

you put this EA on each pair? and how do you stand? manually or is EA? sorry but I struggle to understand :-(
  • #334
  • Dec 14, 2010 1:40am Dec 14, 2010 1:40am
Quoting panthere
Hello.
sorry but I struggle to understand :-(
I am struggling too.
EA on one pair - not each pair
"Put all your efforts in becoming effortless"
  • #335
  • Dec 14, 2010 1:49am Dec 14, 2010 1:49am
Quoting frazerd
Here are all the AddSix EAs with the Close Loser (CL), Trading Hours (TH) and Pip Step (PS)

If CloseLoserTrades is true the EA will close any loser trade that exceeds -CloseLoserMultiplier (CLM)*Dollar Profit Target.

If UseTradingHours is true it will start a new basket of trades only during the hours you specify. But baskets that were already open will continue to function as normal.

If UsePipStep is true it will only open new trades of the same pair if it is PipStep pips above the last trade of that pair.

If you don't want to use...
Hey guys,

Been doing backtesting my version and found that using hours is crucial... cutting major losses(and/or setting BE on profitable trades) may or may not be helpful and using PipStep definitely hurts the EA long term. That being said the right hours to choose will make or break your account.

Cheers,
Jag
  • #336
  • Dec 14, 2010 2:20am Dec 14, 2010 2:20am
but how one takes a stand? manually or is EA? and if so how to do manually?
  • #337
  • Dec 14, 2010 7:16am Dec 14, 2010 7:16am
Quoting sidhujag
Hey guys,

Been doing backtesting my version and found that using hours is crucial... cutting major losses(and/or setting BE on profitable trades) may or may not be helpful and using PipStep definitely hurts the EA long term. That being said the right hours to choose will make or break your account.

Cheers,
Jag
Thanks for all the testing you've done. Could you post the EA or script you made to do your testing? What version are you testing? What hours seem to be optimum? thanks
  • #338
  • Dec 14, 2010 8:46am Dec 14, 2010 8:46am
Quoting navk
Have never tried CL option. Will try now.
Phantom_addsix_03bx_CL_TH_PS :

MY setting:
MMTU: 0.4, PROFITPCT : 1.0
Pip step : 15
Trading hrs : false
Cutlooser anabled and cut looser multiplier : 2.0

The first basket closed but not 1 %, instead it closed at 2 %. I am running addsix_2a also and this time it closed with profit 2.6 % my setting 1.0. Surprising.

Frezard?
Intraday only.
  • #339
  • Dec 14, 2010 9:51am Dec 14, 2010 9:51am
Hi,

I copy and paste my last post on "Art Phantom EA" thread:

"After a lot of versions tested, once again I changed my opinion (http://cdn.forexfactory.com/images/s.../yim/happy.gif). Until today, the most interesting version of all Phantom EAs (just my opinion) is Phantom_AddSix_03bx_CLTHPS with these settings:

- 500:1
- MMTU: 0.4
- PP: 1.0
- TH: False
- PS: False (I´m not sure about the advantage of this setting on this version)
- CL: 2.0

The same settings as Frazerd unless PipStep.

I´m still interested in Single_Pair_Phantom version but for now only for testing modifications (like TH, PS, CL) because the more optimized gain and DD are, based on my results, for AddSix_03bx_CLTHPS version.

I´m not going to post results since it´s too early, but I recommend you to test it, the results will leave you speechless....."
  • #340
  • Dec 14, 2010 10:21am Dec 14, 2010 10:21am
Quoting navk
Phantom_addsix_03bx_CL_TH_PS :

MY setting:
MMTU: 0.4, PROFITPCT : 1.0
Pip step : 15
Trading hrs : false
Cutlooser anabled and cut looser multiplier : 2.0

The first basket closed but not 1 %, instead it closed at 2 %. I am running addsix_2a also and this time it closed with profit 2.6 % my setting 1.0. Surprising.

Frezard?
sometimes you will get more, sometimes less. just depends on how market is moving when it's trying to close trades.

frazerd:
here's the link to my 02a, see how it compares to your other mods
http://www.myfxbook.com/widget?id=70...pe=1&color=red
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