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Phantom 6 System

  • #381
  • Dec 19, 2010 4:49pm Dec 19, 2010 4:49pm
Quoting roundrock
here you go ....

do report the results with new symbol set
Thanks roundrock, i will put it on one of my demo account.
  • #382
  • Dec 20, 2010 6:32pm Dec 20, 2010 6:32pm
Hey Frazerd:

my 602a still cruising along with 0 problems
Was curious how some of your other mods are comparing to the basic 602a?

http://www.myfxbook.com/widget?id=70...pe=1&color=red

Which version can be run indentical to 602a but with the addition of the CLx3 ?
I think that's the only mod I wouldn't mind seeing how it compares over a longer period to the basic.
  • #383
  • Dec 20, 2010 6:51pm Dec 20, 2010 6:51pm
Quoting tazmaan
Hey Frazerd:

my 602a still cruising along with 0 problems
Was curious how some of your other mods are comparing to the basic 602a?

http://www.myfxbook.com/widget?id=70...pe=1&color=red

Which version can be run indentical to 602a but with the addition of the CLx3 ?
I think that's the only mod I wouldn't mind seeing how it compares over a longer period to the basic.
Hey Tazman

which version you are using for this account. can you please point me to the exact post and you settings aswell ?

Cheers
  • #384
  • Dec 20, 2010 6:52pm Dec 20, 2010 6:52pm
no, but the information is easily found if u spend a little time on this thread
version was already mentioned
  • #385
  • Dec 20, 2010 9:39pm Dec 20, 2010 9:39pm
does this ea reset on each disconnect.? I have quite a few.......I have no open trades yet..just running a day... so maybe not happening ....and somewhere in this thread some talked about that and what to do.
  • #386
  • Dec 20, 2010 9:45pm Dec 20, 2010 9:45pm
Quoting tazmaan
no, but the information is easily found if u spend a little time on this thread
version was already mentioned
Cheeky ... lol
There are lots of versions floating around.
I think its this one.
Phantom_AddSix_02a.mq4 but not really sure coz your posts says +602a.
  • #387
  • Dec 20, 2010 10:02pm Dec 20, 2010 10:02pm
yes that is correct, .4 mmtu, 1 pp, 200:1 1k balance
  • #388
  • Dec 20, 2010 10:46pm Dec 20, 2010 10:46pm
Quoting tazmaan
yes that is correct, .4 mmtu, 1 pp, 200:1 1k balance
Thanks Taz
  • #389
  • Edited 6:27am Dec 21, 2010 6:03am | Edited 6:27am
Quoting tazmaan
Hey Frazerd:

my 602a still cruising along with 0 problems
Was curious how some of your other mods are comparing to the basic 602a?

http://www.myfxbook.com/widget?id=70...pe=1&color=red

Which version can be run indentical to 602a but with the addition of the CLx3 ?
I think that's the only mod I wouldn't mind seeing how it compares over a longer period to the basic.
Taz,
My +602a has also done very well since Nov. 11th. .4MMTU .5PP 50:1 ,40K balance. Up almost 10% during this period. Max. DD during this period has been less than 2%. Lowest margin was around 475%.
  • #390
  • Dec 21, 2010 6:07am Dec 21, 2010 6:07am
Quoting 4XWeezal
does this ea reset on each disconnect.? I have quite a few.......I have no open trades yet..just running a day... so maybe not happening ....and somewhere in this thread some talked about that and what to do.
It doesn't reset if you lose connection or put computer on standby but it will if you shut down completely.
  • #391
  • Dec 21, 2010 9:48am Dec 21, 2010 9:48am
Does this mean it will open a trade if pipstep value is hit ie buy order if set to 20 and trade advances by 20 pips another trade opens . if so does this overide the trade per hr settings.

Also i have my CL set at 0.5 and expected trades to be clossed once a trade went beyond this point ie less than 0.5% but it did not happen i have running Ph-addsix_03bx_CL_TH_PS
  • #392
  • Dec 21, 2010 1:41pm Dec 21, 2010 1:41pm
Quoting censura
Does this mean it will open a trade if pipstep value is hit ie buy order if set to 20 and trade advances by 20 pips another trade opens . if so does this overide the trade per hr settings.

Also i have my CL set at 0.5 and expected trades to be clossed once a trade went beyond this point ie less than 0.5% but it did not happen i have running Ph-addsix_03bx_CL_TH_PS
I have been having computer problems and other business things that have kept me too busy to post much here lately. Although I am signed into the FF and my computer is always on, I am not at the computer very much, so bear with me.

Censura, these EAs only open trafes on the hour if the criteria has been met. The 20 pip step will not over ride that. Also the EAs reset the phantoms after a closure for profit. You obviously are not reading the previous posts. These questions have been answered numerous times. CutLoserMultiplier (CLM) is a multiplier of the -Dollar Profit Target. So if your balance is $1000 and PP is set to 1.0, your Profit Target will be 1% or .01*1000 = $10. If CLM is .5 then the EA will cut any loser that is -$5 or more (.5*-10).
Frazer
  • #393
  • Dec 21, 2010 4:37pm Dec 21, 2010 4:37pm
ok thank you do people think it would be better to open trades as pips advance rather than arbetary 1hr intervals after all you could open a trade which i only 1 pip away from previous trades?

Quoting frazerd
I have been having computer problems and other business things that have kept me too busy to post much here lately. Although I am signed into the FF and my computer is always on, I am not at the computer very much, so bear with me.

Censura, these EAs only open trafes on the hour if the criteria has been met. The 20 pip step will not over ride that. Also the EAs reset the phantoms after a closure for profit. You obviously are not reading the previous posts. These questions have been answered numerous times. CutLoserMultiplier (CLM) is a multiplier...
  • #394
  • Dec 21, 2010 6:30pm Dec 21, 2010 6:30pm
Quoting Toothman
It doesn't reset if you lose connection or put computer on standby but it will if you shut down completely.
thank you... no trades so far so I assume its just a choppy week.
  • #395
  • Edited 4:56am Dec 22, 2010 4:27am | Edited 4:56am
Quoting thorn
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...

Thorn, thanks for the sensible reply.

I've been doing my homework and think I now understand much more of the logic and maths behind these basket EAs. I've also been testing a few out, including the Jag EAs which have been a bit problematic. Nevertheless things have been going well, particularly with Phantom6_01a. It would seem to me that some of the most important settings that will have a significant effect on longterm expectancy are PP and Lot Size relative to AccntSize. (You'll have to overlook any naivety I have as I probably dont have as much FX experience as many on here). And what we need here is some way to backtest with an array of settings for these. BTW is it possible to have LotSize as a %age of AccntSize because that would seem to be useful ? I appreciate you can't backtest a basket system on MT4 but I wonder if anyone has done this using Dukascopy's own platform on which you can as far as I'm aware ?

Assuming a 'basket of death' is inevitable I would have thought a routine of automatically withdrawing profit from the account after a basket is closed may be a good idea too, so the account always trades from a base figure rather than a growing one.

Those interested in this strategy will be interested in this too I think http://www.datatime.eu/public/gbot/
Tom is a very bright guy.....
He was looking for the card so high and wild hed never need to deal another
  • #396
  • Dec 22, 2010 5:19am Dec 22, 2010 5:19am
Quoting panthere
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

Thanks for the post. I've also been testing Jag's EA but haven't been doing so well with them but I'll persevere to get the settings suitable for my accounts. The same still applies as far as testing is concerned.

Its a shame MC is so full of sarcasm because I think we all acknowledge the work he has done but hey, to each his own.....Merry Christmas Metacoder......and everyone else.....read about Tom's GBot as its a good piece of kit.....
He was looking for the card so high and wild hed never need to deal another
  • #397
  • Dec 22, 2010 6:02am Dec 22, 2010 6:02am
Quoting 4XWeezal
thank you... no trades so far so I assume its just a choppy week.
4X,
Which EA are you running? My AddSix_02a has been trading all week. Do you have the smiley face and are the phantoms moving?
  • #398
  • Dec 22, 2010 6:15am Dec 22, 2010 6:15am
Quoting dr_who
Thorn, thanks for the sensible reply.

I've been doing my homework and think I now understand much more of the logic and maths behind these basket EAs. I've also been testing a few out, including the Jag EAs which have been a bit problematic. Nevertheless things have been going well, particularly with Phantom6_01a. It would seem to me that some of the most important settings that will have a significant effect on longterm expectancy are PP and Lot Size relative to AccntSize. (You'll have to overlook any naivety I have as I probably dont have as...
dr who
The MMTU setting does set the lot size as a %age of the balance. As the balance goes up, if you leave the MMTU setting the same, the lot size will increase . Have you looked at the AddSix_02a EA? I've been running it for over two months now with good results. I'm using an MMTU setting of .4 . I take profit with a separate EA at roughly .5%.
  • #399
  • Dec 22, 2010 6:27am Dec 22, 2010 6:27am
Thanks Toothman. I think I probably need to spend a bit more time understanding the MT4 language....
He was looking for the card so high and wild hed never need to deal another
  • #400
  • Dec 22, 2010 8:55am Dec 22, 2010 8:55am
Quoting Toothman
dr who
The MMTU setting does set the lot size as a %age of the balance. As the balance goes up, if you leave the MMTU setting the same, the lot size will increase . Have you looked at the AddSix_02a EA? I've been running it for over two months now with good results. I'm using an MMTU setting of .4 . I take profit with a separate EA at roughly .5%.
I run addsix_2a with with 0.5 MMTU and Profitpct 1.0. Very successful. One trade per day, average guaranteed, though in forex market i shoud not say anything guaranted.
Intraday only.
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