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Phantom 6 System

  • #481
  • Dec 30, 2010 11:52pm Dec 30, 2010 11:52pm
ah ok JCS , thank you very much for your explanations
  • #482
  • Dec 31, 2010 1:22am Dec 31, 2010 1:22am
Hallo together

Sorry for my bad English , and first I want wish all here a Happy New Year.

When i Want change the Pairs to trade what a must do.
For ex. I want to trade

Buy GBPUSD,EURCAD,EURGBP
Sell EURUSD,EURAUD,AUDCAD
So you see no CHF and JPY Pair
How I can chance the Ea

Thanks for Reply

Icemaan
  • #483
  • Edited 7:34am Dec 31, 2010 7:24am | Edited 7:34am
Wow, 117 trades and margin down to 155% ( using 50:1 leverage). I was going to leave it go to see how margin call would close trades but didn't get MC. The great part about these EA's is the the way the synthetic hedge works. I never saw DD more than 5%. This gives you plenty of time to let things play out ( in this case it took 9 days). So the AddSix_02a has given me some trouble over the holiday chop but it did survive with a total of 6 closures. And by the way, the close all EA I posted a couple pages back closed 117 trades in 19 seconds. This would have taken 3-4 min with the 02a EA doing the closing. We need to somehow incorporate this close all (or something like it) into these phantoms to speed up the closure process. It didn't reset the phantoms though so that would have to be dealt with.
  • #484
  • Dec 31, 2010 7:46am Dec 31, 2010 7:46am
Tooth, how exactly do I use your closing EA ? I've never used that type of EA before. Do I simply put it on the same chart as the Phantom EA ?
Excuse my ignorance...
He was looking for the card so high and wild hed never need to deal another
  • #485
  • Dec 31, 2010 8:24am Dec 31, 2010 8:24am
Quoting dr_who
Tooth, how exactly do I use your closing EA ? I've never used that type of EA before. Do I simply put it on the same chart as the Phantom EA ?
Excuse my ignorance...
dr who,
Put it on another chart other than the one your pantom EA is on. Set the profit $ amount and it will close everything in a hurry when that amount is reached. Set the PP function on the phantom EA to something high like 4-5% and then it won't interfere with the close all when profit reached EA.
  • #486
  • Dec 31, 2010 8:58am Dec 31, 2010 8:58am
Thanks for the heads up. Happy New Year btw.....
He was looking for the card so high and wild hed never need to deal another
  • #487
  • Edited 10:15pm Dec 31, 2010 5:05pm | Edited 10:15pm
I think this system is a good system but what you do not understand is that success requires an intelligent selection of pairs.
which is sad with this kind of forum is that if you do not code is not listening to you, some are more serious link between programming incompetence and lack of logic or intelligence.

take a simple example:
in the version you 3bx_cl_th_ps in pairs on sale this:

12. GBPCHF
13. CHFJPY
but if you look at the correlation of the 2 pairs you find that the correlation is negative to -82% which is huge, this means that if the system takes a position on his reasons for X 2 pairs of the 2 pairs will be losing heavily.


etc. ..
Happy New Year to all.
cordially
  • #488
  • Dec 31, 2010 8:32pm Dec 31, 2010 8:32pm
Quoting panthere
I think this system is a good system but what you do not understand is that success requires an intelligent selection of pairs.
which is sad with this kind of forum is that if you do not code is not listening to you, some are more serious link between programming incompetence and lack of logic or intelligence.

take a simple example:
in the version you 3bx_cl_th_ps in pairs on sale this:

12. GBPCHF
13. CHFJPY
but if you look at the correlation of the 2 pairs you find that the correlation is negative to -82% which is huge, this means that if the...

OK, so change the pairs you trade to something you like better. If you want to go with more corelated pairs then open metaeditor and change it.
Its not that hard. The EA's posted are just the basic framework and are easily modified, even for a programming idiot like me.
  • #489
  • Dec 31, 2010 9:47pm Dec 31, 2010 9:47pm
really , dont use the ea then. no problem. There are tons of ea's making millions of cash that are better than this. From my perspective, this ea has everything a good system needs. The theory of getting a run periodically, adding to it and cutting your losers at certain intervals is a great trading idea. People s/b thankfull the programmer and the author posted anything at all. I know I wouldnt of shared this idea --- let alone someone complaining about correlation that has little affect. I mean, if anyone is that good of a trader; program your own.
  • #490
  • Dec 31, 2010 10:27pm Dec 31, 2010 10:27pm
yes I'm ok with you 4XWeezal this system is a very good system the concept is great (great because you had to think and this concept is really beautiful, the designer has a very fine mind) I'm not a programmer but I unfortunately under metatrader 'have many ideas for improvement so I'll learn MQL4 patiently and try to perfect it.
cordially
  • #491
  • Jan 3, 2011 1:36pm Jan 3, 2011 1:36pm
My Add6 03bx EA placed a double trade today. Both at the beginning of hour 16:00, both on the EUR/JPY. This one is supposed to make only one trade per hour at most. Has anyone else seen this? thanks
  • #492
  • Jan 3, 2011 3:28pm Jan 3, 2011 3:28pm
The only time I've seen that happen is when I had 2 instances of my VPS running at the same time with all the demos open on both. That will cause double trades. If you are on VPS, right click on the task bar at bottom of screen and select Task Manager. If it shows 2 instances of the VPS open, that is the problem.
Frazer
  • #493
  • Jan 3, 2011 5:05pm Jan 3, 2011 5:05pm
Quoting frazerd
The only time I've seen that happen is when I had 2 instances of my VPS running at the same time with all the demos open on both. That will cause double trades. If you are on VPS, right click on the task bar at bottom of screen and select Task Manager. If it shows 2 instances of the VPS open, that is the problem.
Hello Frazer,
Not on VPS so that couldn't be the problem.
  • #494
  • Jan 3, 2011 6:36pm Jan 3, 2011 6:36pm
Quoting panthere
I think this system is a good system but what you do not understand is that success requires an intelligent selection of pairs.
which is sad with this kind of forum is that if you do not code is not listening to you, some are more serious link between programming incompetence and lack of logic or intelligence.

take a simple example:
in the version you 3bx_cl_th_ps in pairs on sale this:

12. GBPCHF
13. CHFJPY
but if you look at the correlation of the 2 pairs you find that the correlation is negative to -82% which is huge, this means that if the...
pl see the old posts, i have made the pairs configuable, so that you can test yr own pair set
  • #495
  • Jan 3, 2011 11:20pm Jan 3, 2011 11:20pm
Hello roundrock
sorry but I can not find this version of Phantom with pairs configurable?
cordially
  • #496
  • Jan 4, 2011 8:42am Jan 4, 2011 8:42am
Quoting frazerd
Here is one that has continued to take profit daily in spite of the holiday season.
Lowest margin since the restart 11/29 is 430.18.
That looks great and I think it validates the R&D you've been doing. The additional tactics seem solid. Happy New Year!

I'm sure the thread has been quiet mainly due to the holidays. Well now most people are getting back into their regular routines as the new year gets underway.
Open to new approaches.
  • #497
  • Jan 4, 2011 1:55pm Jan 4, 2011 1:55pm
Quoting Toothman
My Add6 03bx EA placed a double trade today. Both at the beginning of hour 16:00, both on the EUR/JPY. This one is supposed to make only one trade per hour at most. Has anyone else seen this? thanks
I figured out what happened yesterday with Frazers help. When I opened up the platform for the week, I accidentally opened a second instance of the platform and didn't notice it. So nothing wrong with the EA. Sorry for the false alarm MC.
  • #498
  • Jan 4, 2011 3:42pm Jan 4, 2011 3:42pm
quiet or not, this is already a "holy grail" system in my mind.

Thank you again, MC!

The only thing the EA needs might be some functional improvement.

Quoting MetaCoder
I'm sure the thread has been quiet mainly due to the holidays. Well now most people are getting back into their regular routines as the new year gets underway.
  • #499
  • Jan 4, 2011 5:28pm Jan 4, 2011 5:28pm
Happy new year all,

So I left my demo's running thru the holidays, phantom 6_01x. Both trade same pairs and settings except demo 1- 100:1, clm 1.8. Demo 2 50:1, clm 1.0.

OK so demo 1 is in some fairly deep DD around 8% and a long way to go to reach profit pct, not sure if it will get there.

Demo 2 has been plugging along nicely just as it always has (+ 9.4%) since nov 24 start date. A little slow during last 2 weeks but still closing a basket every day or two.

Now I wonder why the big difference in performance? Does leverage and cut loser multiplier make that big of a difference? or is it just a mater of timing when a basket gets started. Something to ponder!!

Note: Demo 1 is still up 5.5% since december 1 start even if i was to close basket for loss now, but will keep open to see how EA handles this situation.
  • #500
  • Jan 4, 2011 7:14pm Jan 4, 2011 7:14pm
Quoting thorn
Happy new year all,

So I left my demo's running thru the holidays, phantom 6_01x. Both trade same pairs and settings except demo 1- 100:1,...
I am running live with micro lots. .I like cut loser better in a trading sense as it helps with DD, but that doesn't mean this is going to work any better than without. I don't know what the death trade yet will look like but I want to go 30-40 trades deep to find out my courage...I think that it could send you deep like a roulette wheel so you may need quite a large margin. Others have done well right off the bat.. there is probably something to the strategy; but I think anytime you want a 100% non money losing trade basket it could give you a ride.
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