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Phantom 6 System

  • #361
  • Dec 16, 2010 2:43pm Dec 16, 2010 2:43pm
Quoting Edd Ganuelas
In pipped in once in a while in this thread to check in what is new going on..... My question is how do you define a CL in terms of lossing pips? Does the EA will automatically closed a loser when it reach a certain ?? pips (+sread)?
It has nothing to do with pips. When you "pipped in once in a while" why don't you try reading the previous posts before asking questions. In this case post #319.
Frazer
  • #362
  • Dec 16, 2010 6:03pm Dec 16, 2010 6:03pm
Quoting frazerd
It has nothing to do with pips. When you "pipped in once in a while" why don't you try reading the previous posts before asking questions. In this case post #319.
--

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

--

Sorry, I just need confirmation if my assumption is correct as I thought it addressed the problem of DD and the way you replied by post do not display your generosity of sharing your efforts you put in cut&paste improvement of the EAs. I am not sure though if your intention is really to help people or just to reap praises from others as a result of your efforts. If that is your entention, you got mine, but not my ??spect. God Bless you.
  • #363
  • Dec 16, 2010 7:16pm Dec 16, 2010 7:16pm
Quoting Nicastro
Sir,

My compliments to you in having conceived the Phantom specie of basket trades.

I have downladed and tested a few of the EA versions submitted in the various threads on the subject.

All of the EAs contain variables inputs for Sunday = 0, Monday =1, Tuesady=2 etc each with an ascending number.

Could you please tell me what these variable inputs relate to?

Further, could a coder use these inputs (or create others) to control the number of baskets that the EA closes on each particular day after which number the EA will not trade on...
Nicastro, i saw yr question on APF thread too. before a coder can help you , you need convince the code why this mod will work ? does it improvae the profitabality ? or its just a convinience ? why do you want to limit the number of closures per day ? on this wednesday we have 5 pops. and we dont have one since then. so thats not a valid mod in my view
  • #364
  • Dec 16, 2010 7:22pm Dec 16, 2010 7:22pm
Quoting Caillou
Yes, but I only remember for standard accounts. I think it is:

Lot size: Balance * (MMTU/100) * (Leverage/100.000)

100.000 is for Standard accounts, for mini or micro I donīt know, sorry.

Maybe looking at the code, we could find it. I will check it.

Inserted Code
void SetLotSize()
{
  Investment = MaxMarginToUse / 100.0;
  // The symbol the EA is attached to should be good enough for the purposes of LOTSIZE
  UseLots = valLastFlatEq * Investment * (Leverage / MarketInfo(Symbol(), MODE_LOTSIZE));
  UseLots = StrToDouble(DoubleToStr(UseLots,2));
  if (UseSmallestLot || UseLots < MinLots) UseLots = MinLots;
  if (UseLots > MaxLots) UseLots = MaxLots;
  return(0);
}

there is a external variable for account standard lot.

extern int MiniSize = 10000;
extern int StdSize = 100000;

but these are not used in the formula. i am not sure MODE_LOTSIZE changes for each currency..
  • #365
  • Edited 2:51am Dec 17, 2010 1:12am | Edited 2:51am
here you go ...

you can set your own pair symbols.... first 3 are winners in each group..
Attached File(s)
File Type: mq4 Ph_AddSix_02x_CL_TH_PS_Symbol.mq4   61 KB | 272 downloads
  • #366
  • Dec 17, 2010 2:51am Dec 17, 2010 2:51am
Being a very successful gambler with my own automated Betfair algorithms and a reasonably successful part-time FX news trader (which I'm about to take more seriously), I'm interested in the mathematics of this system.

I can't quite understand the logic behind 'buy the pair in greatest phantom profit on the hour'. I appreciate the fact that we're dealing with synthetic hedges but because I don't know the FX market as well as many on here, perhaps someone could outline the maths involved, or at least point me in the right direction.

I've read this thread and most of the other phantom-based threads but the logic behind the concept escapes me. I'm not necessarily the sharpest knife in the drawer but I generally can understand stuff once its explained.

My own view of the FX market has been that any analysis of historic data is generally meaningless when applied to predicting future movement and whilst I understand this current system is not attempting to predict future movement per se, it is using historic data to determine an action. And I'm wondering what the logic is that is driving that.
He was looking for the card so high and wild hed never need to deal another
  • #367
  • Dec 17, 2010 4:14am Dec 17, 2010 4:14am
Quoting roundrock
Nicastro, i saw yr question on APF thread too. before a coder can help you , you need convince the code why this mod will work ? does it improvae the profitabality ? or its just a convinience ? why do you want to limit the number of closures per day ? on this wednesday we have 5 pops. and we dont have one since then. so thats not a valid mod in my view

Thank you roundrock for taking the time to reply.

Such a mod would improve profitability by cutting down on the number of baskets that linger and go into extensive DD.

I have been observing that baskets that linger get opened post 14.00 GMT. Baskets opened within 8-13 GMT have a tendancy to reach TP relatively quickly as the baskets are in the market at its most liquid period.

I have also noted that some days are more active than others. The problem is that for those who cannot access their VPS at all times, it is inefficient to use the Stop after No.of Trades function.

Though by setting the number of baskets one is prepared to trade on a particular day, possibly even at the start of the week, one can take a (hopefully) successful conservative view and still trade a satisfactory number of baskets.

One may set the Sunday Variable to 0, The Monday variable to 2 baskets, The Tuesday variable to 3, The Wednesday variable to 10 (by which time the trading hours mod sets in) Thursday 3, Friday, 1.

The mod will try to avoid dreaded lingering basket which ofte spills over into the next day with a consequent effect on overall profitability

I hope you agree and can take the time to code the mod
  • #368
  • Dec 17, 2010 5:56am Dec 17, 2010 5:56am
Four closures this week on demo. Last closure was only a five trade basket.
  • #369
  • Dec 17, 2010 10:47am Dec 17, 2010 10:47am
Quoting roundrock
here you go ...

you can set your own pair symbols.... first 3 are winners in each group..
I must have missed something, roundrock. Can you explain a little better whatthis does?
Frazer
  • #370
  • Edited 1:49pm Dec 17, 2010 1:39pm | Edited 1:49pm
Quoting dr_who
Being a very successful gambler with my own automated Betfair algorithms and a reasonably successful part-time FX news trader (which I'm about to take more seriously), I'm interested in the mathematics of this system.

I can't quite understand the logic behind 'buy the pair in greatest phantom profit on the hour'. I appreciate the fact that we're dealing with synthetic hedges but because I don't know the FX market as well as many on here, perhaps someone could outline the maths involved, or at least point me in the right direction.

I've read...
There is almost no math to understand.

If you're so successful with your Betfair systems, why make inquiries here? Maybe you're the one who should be educating us.

Does it occur to you that all news also represents PAST events, just as is the case with technical data? No matter what you base your trading on, your trades are based on what has occurred. Maybe you have found a way to predict the future. Please do enlighten us.

A great many forward testing statements have been posted to validate the thinking behind opening trades on phantom winners. If the whole idea eludes you after the exhaustive explanations already offered up on silver platters, there's nothing left to do but wish you a good day and a fine weekend.
Open to new approaches.
  • #371
  • Dec 17, 2010 2:23pm Dec 17, 2010 2:23pm
Can someone explain the lowesdt %margin display

i have margin % of 6246.57 and lowest 407.35%
  • #372
  • Dec 17, 2010 3:20pm Dec 17, 2010 3:20pm
Quoting censura
Can someone explain the lowesdt %margin display

i have margin % of 6246.57 and lowest 407.35%
That's how low your margin got down to during one of your baskets.
  • #373
  • Dec 17, 2010 3:54pm Dec 17, 2010 3:54pm
wow, on another oint i h vae live trades open and it added trades at 7 pips intervals ie 5505, 5013, 5020 is this right seems very close to open new trades
  • #374
  • Dec 17, 2010 4:14pm Dec 17, 2010 4:14pm
Metacoder, you're response sounds like you interpreted my post as confrontational when it certainly wasn't meant to be so.
I genuinely wanted to know what the mathematical foundation was and that's all there was to it.
Just because I'm successful in one area doesn't preclude me being interested in other areas and in any case, the liquidity I tap into in Betfair has fallen dramatically over the past twelve months and I need to look for other avenues.
As you're no doubt aware, you can't stand still these days as everything is in a state of flux and what works one day is not guaranteed to work the next.

Anyway, I'll try to see what I can make of the maths myself because, as you rightly say, there are lots of solid data to show lots of users are getting the concept to work, although I did note that user 'timmy' did make the point that at some stage there is a high probability of hitting a 'basket of death'. If that really is the case then I'd like to understand a little more of what processes are involved so its liklihood is either reduced, removed or made predictable.

And if I can move the case forward in some way, I'm happy to do my bit. I'm not a naysayer that you might assume but a genuine individual who is simply trying to understand what he is doing.

And if you think I'm being confrontational then think again because I'm not.
He was looking for the card so high and wild hed never need to deal another
  • #375
  • Dec 17, 2010 8:21pm Dec 17, 2010 8:21pm
Quoting frazerd
I must have missed something, roundrock. Can you explain a little better whatthis does?
frazer, right now the symbols are hardcoded in the code. i have externalized them, that means user can input their own set of symbols. they can change the 14 or 6. this allows users to tweak the phantom 6 symbols if they want. first 3 in each group are our phantom buy/sell symbols

however existing traders dont need to do any change as i have defaulted the symbols to existing set

hopefully this will not confuse the thread if someone tries to come up with a new symbol set that may or may not work.

right now there are too many CHF pairs in our 6. i feel this is slow mover. we can switch to some other ative set. also if i am using TH for EU, US i can remove JPY, AUD pairs and put only EU, GBP, USD, CHF pairs...

similarly somebody in asia can do with only those active symbols...
  • #376
  • Dec 17, 2010 10:06pm Dec 17, 2010 10:06pm
Quoting roundrock
here you go ...

you can set your own pair symbols.... first 3 are winners in each group..
Thanks roundrick, definitly makes these wonderful EA's robust.
can you please update Ph_AddSix_03bx_CL_TH_PS.mq4 ?

I want to try these 6 pairs as i dnt want to trade asian session.

Sells - EUR/USD USD/CAD GBP/CHF
Buys - EUR/CAD GBP/USD USD/CHF

Thanks
  • #377
  • Dec 18, 2010 4:38pm Dec 18, 2010 4:38pm
Quoting dr_who
I did note that user 'timmy' did make the point that at some stage there is a high probability of hitting a 'basket of death'. If that really is the case...
Well gosh, if timmy says look out for the basket of death, I guess we must have no idea what we're doing.
Open to new approaches.
  • #378
  • Dec 18, 2010 6:57pm Dec 18, 2010 6:57pm
dr who,

Demo a few of the EA's. Week or two should do it. It will give you better understanding of howthey work. Try the ones with different mods to see whats good and whats not. Everyone if different and has their own opinions so you have to try it for yourself. As for the maths, dont think their is much to understand. I like the phantom 6 EA's as I have been trading them since october.

As for the "basket of death". Is it possible? Sure it is. Always a risk in trading. Have I seen it or even been close. No, not with the phantom 6.
But I trade very small and conservitive and limit drawdown as much as possible. If you want opinions or proof look at frazed posts. He has tested more than anyone and probably longer too. As for 'timmy' saying there is high probability of basket of death, well I havnt seen that post. But if so, does timmy show any proof of that? I dont take anyones word of what will "probably" happen, good or bad. Thats why I test things for myself.

I think your questions and concerns are valid and you did read alot of the thread unlike most who come in and ask the same dumb questions over and over. So MC response to you did seem a bit rude IMO. But public forum, so take it with a grain of salt.

Check that: with the holidays coming up, this is probably NOT the best few weeks to test the EA. Maybe wait till after new year.
  • #379
  • Dec 18, 2010 10:21pm Dec 18, 2010 10:21pm
Dr Who.
go to this file:
http://www.forexfactory.com/showthre...52050&posted=1 # post4252050
is an improved version of phantom.
and the queue there is no sarcasm, contempt and aggression.
I have never seen a queue so contemptuous that it has evidence that some think they are gods they might even believe they are born with innate knowledge.
I think that this short lane must leave here the questions have no place compliments, flattery ok no problem.
a little advice guys back down to earth :-)

cordially
  • #380
  • Dec 19, 2010 4:28am Dec 19, 2010 4:28am
Quoting ssvirk
Thanks roundrick, definitly makes these wonderful EA's robust.
can you please update Ph_AddSix_03bx_CL_TH_PS.mq4 ?

I want to try these 6 pairs as i dnt want to trade asian session.

Sells - EUR/USD USD/CAD GBP/CHF
Buys - EUR/CAD GBP/USD USD/CHF...
here you go ....

do report the results with new symbol set
Attached File(s)
File Type: mq4 Ph_AddSix_03bx_CL_TH_PS_Symbol.mq4   58 KB | 331 downloads
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