Phantom 6 System | Page 33 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Jag's Phantom 6 System 295 replies

Phantom 6 - Manual System 8 replies

Phantom Entry on ODL Japan. 2 replies

Tradeview CAD/JPY "Phantom" spike 0 replies

Phantom high, phantom low 0 replies

Attachments: Phantom 6 System
Exit Attachments

Phantom 6 System

  • #641
  • Jan 26, 2011 11:10am Jan 26, 2011 11:10am
Quoting Nicastro
Thanks Roundrock.
This is great.
I have downloaded and will start testing. Will start tomorrow with first phantom set for 8.15GMT.

Acc. Size = 1140,
Margin 100:1
MMTU 2.1 for both,
PP of 0.8
Recovery PCT= 10%
Trade Count for Recovery= 5
Recovery Lot Ratio = 1.1
Phantom reset = 8Hrs
I will manually set Stop after no Trades to True after 3PM GMT
CLT = False

I will keep the tread posted on forward demo results.
My test is running here, if interested: http://www.mt4i.com/users/achab-phantom6_01xr

Unfotunately there are some differences with open lots (0.10 old, 0.40 new), because I changed the settings while the EA was running. Let's see if it will recover the unusual situation.

New settings:
Acc. Size = 10000,
Margin 200:1
MMTU 2.1 for both,
PP of 0.8
Recovery PCT= 10%
Trade Count for Recovery= 5
Recovery Lot Ratio = 1.1
Phantom reset = 8Hrs
CLT = False

I will leave the EA goes on.

/achab
  • #642
  • Jan 27, 2011 3:26am Jan 27, 2011 3:26am
Quoting roundrock
right now it adds the biggest phantom winner provided all its trades are in profits. do you want this to be changed to add ALL phantom winners provided all their trades are in profit ?

i modified the EA to add ALL winning phantoms provided all their prev trades are in profit. i modified the screen comments

regarding resetting phantoms after PP, i checked the code it does call reset. pl check again
Hi Roundrock,

I downloaded the latest version of the EA submitted with your post above, but it failed to take trades at both 8.15 GMT and 9.15 GMT even thhough in both cases there were positive phantoms for AU,EU and EJ

There was a smiley face showing et all - there was no reason why it should not trade, other EAs on different demo's traded perfectly.

Could you please have a look at the code inside and see what the problem is

Thanks in advance
  • #643
  • Jan 27, 2011 4:28am Jan 27, 2011 4:28am
Quoting Nicastro
Hi Roundrock,

I downloaded the latest version of the EA submitted with your post above, but it failed to take trades at both 8.15 GMT and 9.15 GMT even thhough in both cases there were positive phantoms for AU,EU and EJ

There was a smiley face showing et all - there was no reason why it should not trade, other EAs on different demo's traded perfectly.

Could you please have a look at the code inside and see what the problem is

Thanks in advance
After loading new version on the existing demo I was having problems with on screen display figures ... wrong last flat equity and equity target, and seemed to be getting no trades
I had deleted all globals before loading new version

I then opened a new account and everything works fine
Has closed 2 baskets since 8:15 and one in progress

There may of course be some underlying issue when reloading an update / new version onto an existing account, which will be a problem when using with live accounts
  • #644
  • Jan 27, 2011 4:37am Jan 27, 2011 4:37am
Quoting Nicastro
Hi Roundrock,

I downloaded the latest version of the EA submitted with your post above, but it failed to take trades at both 8.15 GMT and 9.15 GMT even thhough in both cases there were positive phantoms for AU,EU and EJ

There was a smiley face showing et all - there was no reason why it should not trade, other EAs on different demo's traded perfectly.

Could you please have a look at the code inside and see what the problem is

Thanks in advance

False alarm, Roundrock

The EA traded each of the 3 pairs at 10.15 GMT

I dont know what happened there - but away we are off and running for today
  • #645
  • Jan 27, 2011 4:40am Jan 27, 2011 4:40am
Quoting jcs
After loading new version on the existing demo I was having problems with on screen display figures ... wrong last flat equity and equity target, and seemed to be getting no trades
I had deleted all globals before loading new version

I then opened a new account and everything works fine
Has closed 2 baskets since 8:15 and one in progress

There may of course be some underlying issue when reloading an update / new version onto an existing account, which will be a problem when using with live accounts

Good to see that the EA is closing so quickly

My EA is now up and running without any form of intervention.
What happened previously, I do not know - but anyway lets see what the day brings
  • #646
  • Edited 6:24am Jan 27, 2011 4:56am | Edited 6:24am
Quoting Nicastro
Good to see that the EA is closing so quickly

My EA is now up and running without any form of intervention.
What happened previously, I do not know - but anyway lets see what the day brings
First closed in 15 minutes
Second in 16 minutes
Now third has closed in 39 minutes

1% profit target

Can't wait to see what happens when it goes the other way

EDIT ... Oops, Forgot to mention I have it on a 500:1 leverage account !

Just for Info
I opened an Alpari UK demo account for this and set leverage at 100:1 in new account info, loaded and just let it run, never even noticed at the time but it has opened at 500:1
When I check with Alpari UK site it seems all their demo accounts default to 500:1 regardless of what you apply for .... Nice !
Back to IBFX
  • #647
  • Jan 27, 2011 9:50am Jan 27, 2011 9:50am
an issue with "_addsix_02a":

geez these names......

seemingly most ppl trade "_01a" or "_01x" except Toothman

just want to remind those who use "_addsix_02a" of a potential problem(perhaps).

the EA will only add more positions if this pair is the best performer among 14 phantoms since last resetting.

this will lead to a situation that if you've already placed quite a few positions on a pair, and this pair is now trending fiercely, all positions of this pair are in profit, but, but, but, because it is 2nd best performer of 14 phantoms, the EA will NOT add more positions for this pair.

i observed this today, and think i might prefer adding more positions here if all previous pos are in positive side.
  • #648
  • Edited 10:21am Jan 27, 2011 10:17am | Edited 10:21am
Hi Roundrock

Reporting back on the day's events as follows:-

EA for some reason did not trade at 8.15 or 9.15 GMT

First basket opened at 10.15. Basket closed at PP at 11.50 GMT.The phantoms duly reset.

Second Basket opened at 12.15 GMT. It is currently open with 4 Long and 5 Short trades. The EA adds to positions as required.

Largest Floating loss $35
DD -2.94%
Current margin 370.6%
Lowest margin 370.12%
PP 0.8
MMTU 2.1
Leverage 100:1
  • #649
  • Jan 27, 2011 10:19am Jan 27, 2011 10:19am
Quoting jcs
First closed in 15 minutes
Second in 16 minutes
Now third has closed in 39 minutes

1% profit target

Can't wait to see what happens when it goes the other way

EDIT ... Oops, Forgot to mention I have it on a 500:1 leverage account !

..................

This is great. I suggest you dont go into the slower US PM session and most definately avoid Tokyo.
  • #650
  • Jan 27, 2011 10:28am Jan 27, 2011 10:28am
Quoting Nicastro
Hi Roundrock

Reporting back on the day's events as follows:-

EA for some reason did not trade at 8.15 or 9.15 GMT

First basket opened at 10.15. Basket closed at PP at 11.50 GMT.The phantoms duly reset.

Second Basket opened at 12.15 GMT. It is currently open with 4 Long and 5 Short trades. The EA adds to positions as required.

Largest Floating loss $35
DD -2.94%
Current margin 370.6%
Lowest margin 370.12%
PP 0.8
MMTU 2.1
Leverage 100:1
at 8:15, 9:15 is it possible that there is no phantom winner. may be all are losers. it matters when its doing the check ... on the minute, for 60 sec, if during this 60 sec window there is no phantom winner then no trade will be placed.

even though we have negatively corelated pairs, we may have this situation for a 60 sec window.

just a guess..
  • #651
  • Jan 27, 2011 10:40am Jan 27, 2011 10:40am
Quoting Nicastro
This is great. I suggest you dont go into the slower US PM session and most definately avoid Tokyo.
Not quite sure what to make of this yet
As you know I did not run this on a 500:1 leverage account intentionally

But, as of now it has closed 8 baskets in as many hours and booked 10% profit

Appreciate the advise, but I am going to let it run 24/5
I just want to see what happens, having never run an account with more than 100:1 leverage before
  • #652
  • Jan 27, 2011 10:54am Jan 27, 2011 10:54am
Quoting roundrock
at 8:15, 9:15 is it possible that there is no phantom winner. may be all are losers. it matters when its doing the check ... on the minute, for 60 sec, if during this 60 sec window there is no phantom winner then no trade will be placed.

even though we have negatively corelated pairs, we may have this situation for a 60 sec window.

just a guess..

Roundrock,

I was eyeballing at 8.15 and 9.15.
AU,EU and EJ were phantoms on each occasion

The problem is over now. I'll eyeball again tomorrow and report.
  • #653
  • Jan 27, 2011 10:58am Jan 27, 2011 10:58am
Quoting jcs
Not quite sure what to make of this yet
As you know I did not run this on a 500:1 leverage account intentionally

But, as of now it has closed 8 baskets in as many hours and booked 10% profit

Appreciate the advise, but I am going to let it run 24/5
I just want to see what happens, having never run an account with more than 100:1 leverage before

Hi,
Please report back on what happens. Particularly on the recovery front.
Can you please reduce the Trdae Count for Recovery to 3 trades so that we can see how it works over the slower periods.
  • #654
  • Jan 27, 2011 11:02am Jan 27, 2011 11:02am
Quoting Nicastro
Hi,
Please report back on what happens. Particularly on the recovery front.
Can you please reduce the Trdae Count for Recovery to 3 trades so that we can see how it works over the slower periods.
OK, have just set " max no of losing trades to place recovery trade " @ 3
  • #655
  • Jan 27, 2011 12:25pm Jan 27, 2011 12:25pm
My addsix_2a after testing for morethan two months, went into big floating loss. More than 20 %.
Intraday only.
  • #656
  • Jan 27, 2011 3:17pm Jan 27, 2011 3:17pm
Quoting navk
My addsix_2a after testing for morethan two months, went into big floating loss. More than 20 %.
What are your parameters? default?

But max 20% for 2 months looks not so bad....far from margin call....
  • #657
  • Edited 3:40pm Jan 27, 2011 3:29pm | Edited 3:40pm
Quoting jcs
First closed in 15 minutes
Second in 16 minutes
Now third has closed in 39 minutes

1% profit target

Can't wait to see what happens when it goes the other way

EDIT ... Oops, Forgot to mention I have it on a 500:1 leverage account !
jcs, could you post all of the settings you are using on the 500:1 account? I'm going to put this one on a Tadawul 500:1 demo and see how it works out there. Alpari UK is not accepting US clients, but Tadawul is.

EDIT: BTW, I have been monitoring these latest mods and they look very promising. Thanks to Nicastro and jcs for the great ideas and to roundrock for the coding.
Frazer
  • #658
  • Jan 27, 2011 6:31pm Jan 27, 2011 6:31pm
Quoting Taiyakixz
What are your parameters? default?

But max 20% for 2 months looks not so bad....far from margin call....
I can hope 10 % DD is recoverable, but 20 % ? Infact 26 %. It was a 5000 $ demo and it made 12 closures each 50 $. Then this problem. If it is a live a/c i will have a sleepless nights.
Intraday only.
  • #659
  • Jan 27, 2011 7:54pm Jan 27, 2011 7:54pm
Quoting jcs
OK, have just set " max no of losing trades to place recovery trade " @ 3
No closures whilst I have been asleep
Rather than try to explain what did or did not happen I attach a screenshot of the open trades at this time

Attached Image (click to enlarge)
Click to Enlarge Name: phantom6_01xr.gif Size: 74 KB
  • #660
  • Jan 27, 2011 8:02pm Jan 27, 2011 8:02pm
[quote=frazerd;4351025]jcs, could you post all of the settings you are using on the 500:1 account? quote]

Phanton6_01xR ( post 663 )
Standard 500:1 account
As defualt except following :-
Phantom check minute 15
Recovery % 10
Trade count for recovery 8 ( set to 3 overnight as requested by Nicastro )
Cut loser false
MMTU basket A 2
MMTU basket B 2
Profit % 1
0 traders viewing now