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Art Phantom EA

  • #1,361
  • Jan 13, 2011 6:47am Jan 13, 2011 6:47am
I really want to know what will be the best combination for Phantom EAs (PP, CL, PS)

Right now I am testing Add_Six_03bx with following combinations...
PP=1, CL=2, PS=1
Results are good but not impressive. It takes on an avg 1.5 das to close basket.

Anyone testing with some other combination? and having better results?

Regards,
24Hrs.
  • #1,362
  • Jan 13, 2011 7:14am Jan 13, 2011 7:14am
Quoting 24hrs
May be its because of demo account got expire. i m using alpari-uk demo account.
I had a demo on alpari-us and it did expire after 30 days if I remember. Not good if you want to test for longer term. As for the settings you mention in other post I think it depends on each person. I dont test 03bx, have been testing mostly the phantom 6_01 EA's or some of my own variations of it. I have had better results using a lower PP, usually in the range of 0.3-0.5%. For cut loser multiplier usually 1 or 1.5 on a 50:1 leverage demo. I have been testing for 3-4 months now and find the lower PP reduces the chance of extended drawdown, and although the lower cut loser multiplier does give you more losing trades I feel it helps the EA recover faster when the market gets choppy and you get stuck in those 3-4 day basket opens.

My longest running demo is a phantom6_01x with settings of MMTU-0.5, PP-0.25, CLM 1.0, lev 50:1 (I dont use pip step or trading hours). Since 11/24/2010 total profit 12.48% max drawdown 5.56%. I have tried many different variations of mmtu, PP and different leverages and so far this has worked the best, even made it thru the holiday weeks with no problems.
  • #1,363
  • Jan 14, 2011 12:01am Jan 14, 2011 12:01am
Hi,

Is there any way that the close all function contained within the EA itself can be made to work quicker. It is not unusual to take over 30 seconds to close baskets of upto 20 trades so that we are largely guessing at the PP result.
Sure, sometimes we get more than we bargained for - but more often it's less.

I'm not winging - but it would be an improvement.
  • #1,364
  • Jan 14, 2011 7:50am Jan 14, 2011 7:50am
Quoting thorn
I had a demo on alpari-us and it did expire after 30 days if I remember. Not good if you want to test for longer term. As for the settings you mention in other post I think it depends on each person. I dont test 03bx, have been testing mostly the phantom 6_01 EA's or some of my own variations of it. I have had better results using a lower PP, usually in the range of 0.3-0.5%. For cut loser multiplier usually 1 or 1.5 on a 50:1 leverage demo. I have been testing for 3-4 months now and find the lower PP reduces the chance of extended drawdown,...
Well with PP=1, CL=2, PS=1, it closses on an avg of 3-4 baskets per week.

Next week I will try for CL=1 (remaining same) Lets see what will be the results.

I am near conclusion that this ea make avg 20-25% return per month. and thats sufficient.

So plannig to go live from 1st Feb 2011

Regards
24hrs.
  • #1,365
  • Jan 18, 2011 8:42am Jan 18, 2011 8:42am
Not sure if "Old Ticks" affect the EA. Seems to make the EA stop trading. I'll keep testing & monitoring.
  • #1,366
  • Jan 21, 2011 8:41pm Jan 21, 2011 8:41pm
Hello all phantom lovers...

I want to know whether broker spread make any difference on PP or Cl.

I am testing Add_Six_03bx from last 2 months with following settings
Account1. $500 PP=1 CL=1 PS=1
Account2. $500 PP=0.5 CL=1.5 PS=1

Out of this account1 is doing fine... clossing 4-5 baskets per week but right now recovering from big dd... currently trading at BEP.
But account2 is nowhere in competition... it loss allmost 25% account balance and dont know when reach TP target. I am clossing this from next week.

For 1st account CL= -$5 and 2nd account CL= -$3.45
As per my knowlegde, there is difference in spreads for live account and demo account. Live account has more spread than demo.

Suppose if 1st account settings are used for live trading, broker spread will play major roll and may cause to reach -$5 quickly (as that of 2nd account) and will blow up account.

So the question is how CL is calculated? Does it have same (-ve) pip as that of PP?

Regards
24hrs.
  • #1,367
  • Jan 22, 2011 3:15pm Jan 22, 2011 3:15pm
I had a strange (apparently unusual) experience on my $10k demo with Forex.com with the extreme EA. I saw in the original basket thread that situations may arise where trades may not be opened unless the marketwatch window has all the symbols on display. I hadn't done so when I had started running the EA, I was using the default visible ones on display.

Maybe it was just luck on the day/timing with the bullish activity with the Euro, but I had 65.17% increase in the account equity from 8pm Thursday until the US close on Friday. 210 trades executed, 1hour average holding time with 1:200 leverage.

I'm curious to know from those who have been testing the EA for a longer period of time if this is normal behaviour, also if anybody experienced the same on Friday. Settings were default.
  • #1,368
  • Jan 22, 2011 9:16pm Jan 22, 2011 9:16pm
Quoting thorn
I had a demo on alpari-us and it did expire after 30 days if I remember. Not good if you want to test for longer term. As for the settings you mention in other post I think it depends on each person. I dont test 03bx, have been testing mostly the phantom 6_01 EA's or some of my own variations of it. I have had better results using a lower PP, usually in the range of 0.3-0.5%. For cut loser multiplier usually 1 or 1.5 on a 50:1 leverage demo. I have been testing for 3-4 months now and find the lower PP reduces the chance of extended drawdown, and...
hi thorn, the EA i saw here doesnt have the CLM feature. can you post your EA. Also i noticed you are trading with different symbol set. i would like to test this on my oanda mt4

thanks a lot
  • #1,369
  • Jan 23, 2011 4:42am Jan 23, 2011 4:42am
Hello,
I downloaded your art phantom extreme EA but it doesn't trade at all. I try different tf but it seems I'm missing something somewhere... can anybody help me please????
  • #1,370
  • Jan 24, 2011 8:15am Jan 24, 2011 8:15am
Dear guys,

first post for me in this forum, and after i read all the forums threads i think, and read all the thread here, i decided to go with Ph_AddSix_03bx_CL_TH_PS in two live accounts.. so i will post here what happened in my account ..

i think demo is not enough guys or even the backtest, you have to RISK some of your live account to see it LIVE trading ...

and ALSO you have to intervention the basket sometimes.. DONT LEAVE it PLAY ALONE.. thats my advice... close some trades to make the leverage and margin breathing again and not squeezed.. and let the profits run .
  • #1,371
  • Jan 24, 2011 12:02pm Jan 24, 2011 12:02pm
Quoting steeko
Dear guys,

first post for me in this forum, and after i read all the forums threads i think, and read all the thread here, i decided to go with Ph_AddSix_03bx_CL_TH_PS in two live accounts.. so i will post here what happened in my account ..

i think demo is not enough guys or even the backtest, you have to RISK some of your live account to see it LIVE trading ...

and ALSO you have to intervention the basket sometimes.. DONT LEAVE it PLAY ALONE.. thats my advice... close some trades to make the leverage and margin breathing again and not...

Thats gr8
I was also planning to go live with this ea till last week. I am demo testing it from last 2-3months on VPS. Its performance was fine. But in last week this ea works surprisingly...

My setting were PP=1 Cl=1 Pipstep=10.
With this settings it clossed nearly 5-6 baskets in first 2-3days (of last week) and then after wed its performance was worse of all my testing. It eat up all profit and cut losser continuosly for almost 10-12 times. Fortunately it recovers and rich at break even on friday night. So over all gain for last week was not even a single basket.

I test this ea on 3 terminals on mt4 for balance $500, $1000, $5000. I observed that even with same settings it shows differnnt results for different terminals. So my gain for last week was like ($500=$4 , $1000=$6 and $5000= $-750) I observed that this ea is little bit lazy on large balance.

Well it will be interesting to know what setting you are using for live trading?

From this week I changed settings.
For first ($500, $1000, $5000) setting are PP=1.0, Cl=1.0 Pipstep=20 and
For another ($500, $1000, $5000) settings are PP=1.0, Cl=2.0, Pipstep=20

Lets see..... Please do share your results

Regards
24hrs.
  • #1,372
  • Jan 25, 2011 7:25am Jan 25, 2011 7:25am
Quoting 24hrs
Thats gr8
I was also planning to go live with this ea till last week. I am demo testing it from last 2-3months on VPS. Its performance was fine. But in last week this ea works surprisingly...

My setting were PP=1 Cl=1 Pipstep=10.
With this settings it clossed nearly 5-6 baskets in first 2-3days (of last week) and then after wed its performance was worse of all my testing. It eat up all profit and cut losser continuosly for almost 10-12 times. Fortunately it recovers and rich at break even on friday night. So over all gain for last week was...
hi 24hrs, for 1000$ account what is your MMTU, Leverage and the lotsize ? is the lotsize 0.01 ?
  • #1,373
  • Jan 25, 2011 11:02am Jan 25, 2011 11:02am
Quoting roundrock
hi 24hrs, for 1000$ account what is your MMTU, Leverage and the lotsize ? is the lotsize 0.01 ?
Hi roundrock...
For all account size MMTU=0.4 (i don think it makes any difference)
Leverage=1:100
Lotsize= $500=0.01 $1000=0.02 $5000=0.1 (i think its automatic and there is no option to change lot size)

Regards,
24hrs.
  • #1,374
  • Jan 25, 2011 8:04pm Jan 25, 2011 8:04pm
Quoting 24hrs
Hi roundrock...
For all account size MMTU=0.4 (i don think it makes any difference)
Leverage=1:100
Lotsize= $500=0.01 $1000=0.02 $5000=0.1 (i think its automatic and there is no option to change lot size)

Regards,
24hrs.
on a 500$ account, 0.01 lot size is very high. in my view. i can understand the lowest you can trade is 0.01 lot, but i recommend atleast 3k account for this. otherwise you will run into DD issues.
  • #1,375
  • Jan 25, 2011 10:39pm Jan 25, 2011 10:39pm
Quoting roundrock
on a 500$ account, 0.01 lot size is very high. in my view. i can understand the lowest you can trade is 0.01 lot, but i recommend atleast 3k account for this. otherwise you will run into DD issues.
As I said earlier lot size is calculated by ea only. There is no option to change lot size. If you trade with $3000 lot size may be around 0.06.
  • #1,376
  • Jan 26, 2011 12:49am Jan 26, 2011 12:49am
Quoting 24hrs
As I said earlier lot size is calculated by ea only. There is no option to change lot size. If you trade with $3000 lot size may be around 0.06.
you cant change MMTU, but you can change your account size
  • #1,377
  • Jan 26, 2011 9:31pm Jan 26, 2011 9:31pm
Hello All

I have been testing the Art Full dual QQE EA and have had good results and now want to trade it live on a mini account.

The problem I have is when I put it on any mini account demo or live message keep appearing in the expert and journal tab like this "2011.01.27 07:28:44 QQE ADV CHFJPY,H4: loaded successfully"
every second, the Ea Runs fun but this takes all my PC's memory and eventually MT4 give an error out of memory.

I then need to reboot the PC. which is about every 40 min.

Has anyone had this issue or have a solution.

thanks
  • #1,378
  • Jan 27, 2011 6:11am Jan 27, 2011 6:11am
The iCustom calls to qqe are most likely the problem. The easiest and most efficient solution is to remove the iCustom calls and replace them with an internal function to calculate the qqe values.

Quoting RED-Dragon
Hello All

I have been testing the Art Full dual QQE EA and have had good results and now want to trade it live on a mini account.

The problem I have is when I put it on any mini account demo or live message keep appearing in the expert and journal tab like this "2011.01.27 07:28:44 QQE ADV CHFJPY,H4: loaded successfully"
every second, the Ea Runs fun but this takes all my PC's memory and eventually MT4 give an error out of memory.

I then need to reboot the PC. which is about every 40 min.

Has anyone had this issue or have a solution....
  • #1,379
  • Jan 27, 2011 7:20am Jan 27, 2011 7:20am
in your code, search for "icustom("

then you find the line of calling qqe

then add " if (Minute() == 1) " in front of this line


this is less efficient than zz's, but might be easier for you to do. cheap 1 cent.


Quoting RED-Dragon
Hello All

I have been testing the Art Full dual QQE EA and have had good results and now want to trade it live on a mini account.

The problem I have is when I put it on any mini account demo or live message keep appearing in the expert and journal tab like this "2011.01.27 07:28:44 QQE ADV CHFJPY,H4: loaded successfully"
every second, the Ea Runs fun but this takes all my PC's memory and eventually MT4 give an error out of memory.

I then need to reboot the PC. which is about every 40 min.

Has anyone had this issue or have a solution....
  • #1,380
  • Jan 28, 2011 10:41am Jan 28, 2011 10:41am
Hi all,

Well my testing of Ph_AddSix_03bx_CL_TH_PS is doing fine with settings mentioned in last post... will continue to demo test for this month...
Its approximately 7-8% up for this week.

But main problem I face with MT4 terminal is demo account becomes invalid after 3-4 days. Because of this I cant test continuosly. Somebody please tell me the solution? Its alpariUK.

There is lot of discussion going on phantom 6 thread.. but i am satisfied with phantom strategy used in above ea.

Regards
24hrs.
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