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Phantom 6 System

  • #961
  • Feb 16, 2011 2:21am Feb 16, 2011 2:21am
Quoting Password
Hey xxl,
sorry but I am not getting you.. currently you are testing which ea 'Phantom6_01a' or 'Phantom_Addsix_02'?

Well I am testing Ph_AddSix_03bx_CL_TH_PS from last 2-3 months. But I am not satisfied with its performance. I checked many combination of its parameter. Its performs well for first 2-3 baskets and then it revolve around break even because of CL.

So I want to ask is there any significant diff between 'Ph_AddSix_03bx_CL_TH_PS' and 'Phantom_Addsix_02'?
Should I switch to it?
I don't want to be bitchy here, but I have even stated the EXACT DATE in my answer, from when to when I use(d) the versions. Please read again, should be very clear.

I personally never looked at the 03 versions, and just can't tell the difference until I read the posts done already for it.

the Addsix 02a ran well on demo, lot of people reported nice results, the strategy seemed good, so I went forward on demo first and then decided to go live on it with cents as described. I would recommend everyone to go demo on their own at first.

IMHO you should switch to the addsix 02a, yes ;-)
"We are all just prisoners ... of our own device ..." (Hotel California)
  • #962
  • Feb 16, 2011 2:27am Feb 16, 2011 2:27am
Quoting mbkennel
Because I wouldn't want a trade at 7 or 7:15 to start without some momentum developing.

OK, Understood. Valid point!
Thanks
  • #963
  • Feb 16, 2011 3:23am Feb 16, 2011 3:23am
Good morning all,

decided to give you a view into the accounts I am managing.

http://www.myfxbook.com/id/members/smee205

I have NOT entered the description into myfxbook, but they are all running Phantom addsix 02a at the moment. Some of them HAD Phantom6_01a but no more.

Yes, I might have put my hands on this or that account to manage things, so it has been not entirely handsfree trading here.

We are enjoying the ride, as long as goes

cheers, xxl
"We are all just prisoners ... of our own device ..." (Hotel California)
  • #964
  • Feb 16, 2011 3:25am Feb 16, 2011 3:25am
Quoting roundrock
here u go....

it has 3 reset hours , one for each market. and also it has minutes, it resets on this minute on each of these 3 hours. it doesnt reset on basket closure
Thanks RR - much appreciated. I'll start a test on the weekend and report back
  • #965
  • Feb 17, 2011 2:34am Feb 17, 2011 2:34am
FINAL RESULTS AS AT 17 FEB

Method - Post 740

Settings

Alpari UK 500:1 standard account ( 0.01 min lot size - $3,000 starting balance )

Phantom6_01xR
Check Minute 15
Recovery False
Cut Loser Trades False
Trading Hours True ... start 5 finish 17
MMTU 2
ProfitPct 1


Current Results

16 x 12 hour trading sessions

Closed Baskets .... Toooooo many to count any more !
Account Profit 133%



This test account is now at a stage where I would have to be a complete irresponsible idiot ( been there done that many times ! ) to lose any money overall

Long before this stage I could either have withdraw the initial capital or placed a global account manager to close all open trades should the original capital level ever be tested again
Either way I would be trading with the markets money from that point on ...... a free ride
Appropriate management of baskets should ensure at least a reasonable chance of repeating the growth

So I do not see that this test will tell me anything new from here, except how much money it could make before and if it fails, which is not the point of my test
It is being able to get to this point with some reasonable degree of comfort that is important ....... I will not therefore be posting any more results

Considering these results has this profitable test changed my opinion of the ea’s from my very first post ? ..... Not yet
It is tempting to say the method has made the ea perform well, but I still must consider that to some extent ( maybe ???? ) I have just had luck on my side up to this point, I still believe the inevitable extreme bad basket/s will at the very least wipe out all the profits at some point ( if allowed !!!! ) .... and the level of DD even at 250% margin would still be difficult to sit through in a live situation

However it is very encouraging and will be interesting to see if it can be reproduced with some degree of consistency on different account setups

Considering these results, the big disappointment, is that no one has yet offered to code the auto cutting of trades to protect Margin Level in the way I have done manually with this test
It may well be the case additional manual intervention is still considered necessary or desirable in extreme cases, but it would go a long way to furthering automation for testing at least

I would still very much appreciate this to enable easier testing of multiple account setups

My suggested starting setup for most flexible testing would be :-

ProtectMarginLevel true/false
MarginLevelPct 250 ( user variable ) .... level below which trades are cut

We do not want to cut the last added biggest winner trade/s if possible, but will if no alternative trades are available ( protecting margin level is first priority )
So on first check these last added biggest winner trade/s should be excluded
IF no trades are available to cut on first check we must then include last added biggest winner trade/s

IF there is a profit trade always cut smallest profit trade and smallest loss trade together
CutProfitAndLossTogether true/false

IF above is set true but no profit trade is available cut by user set input parameters
IF above is set false cut by user set input parameters
CutBiggestProfitTrade true/false
CutSmallestProfitTrade true/false
CutBiggestLossTrades true/false
CutSmallestLossTrades true/false

User parameters can be set individually or in any combination

Using Phantom6_01xR initially
Anyone, please ?
  • #966
  • Edited 5:30am Feb 17, 2011 3:46am | Edited 5:30am
Quoting roundrock
[size=3][font=Times New Roman][color=black]What is happening to coding your idea as set out your post 767. I’m looking forward to testing it.

here u go !!! pl test, i didnt do lot of testing.. it should work

Hi Roundrock,

I had my first basket closure using OOTB settings.

1st basket trade at 13.18 GMT on 15 Feb.
Basket closed at 7.58 GMT on 17 Feb.
Trades: 4
Largest Floating DD -1.67%

Have you per chance had time to code my Sub-basket C idea set out in post 929? This should be grafted onto the EA as modified and uploaded on your post 818.

Your continued support would be greatly appreciated by us all at FF
  • #967
  • Feb 17, 2011 12:51pm Feb 17, 2011 12:51pm
This is my idea of a 'margin protector' per JCS, which disrupts the baskets the least.

We will maintain two global variables per basket, both reset to zero upon closure/flat position: number of trades eliminated due to margin (N), and the sum of their profits (S)

At any time (or on the hour/half/quarter/whatever), if we are in a "margin danger" situation, the bot loops through all open transactions, and tests, which trade closure---hypothetically---would result in the smallest average disturbance to the basket, computed by sum of profits / number of profits.

That is, minimum over existing open trades: MathAbs( (S+this_trades_PL)/(N+1) )

Whichever trade gives the minimum (excluding, in first of two passes, most recently added trade) will be chosen to be "sent off the island". When the margin-protecting trade closure is successful, update S and N as above.

Then, optionally, the cut trade's P/L will be added to the equity needed to close basket.

Rationale: the sequence of removed trades should be as sequentially anti-correlated as possible so that the overall disturbance to the basket, over time, is minimized.

We don't need to choose pairs of profit & loss this way, it will automatically find them.

Also, another obvious fix: do not open new trades if in a "margin-danger" position.
  • #968
  • Feb 17, 2011 4:04pm Feb 17, 2011 4:04pm
I like it MB
  • #969
  • Edited 8:09pm Feb 17, 2011 7:30pm | Edited 8:09pm
Quoting mbkennel
This is my idea of a 'margin protector' per JCS, which disrupts the baskets the least .....
We don't need to choose pairs of profit & loss this way, it will automatically find them..
Sounds good and certainly worth a try
Are you able to code it ?

" Also, another obvious fix: do not open new trades if in a "margin-danger" position " ... yes, but you are not getting the benefit of the newly added strongest performers ( current ) which we expect to be the most likely to produce the pop and are solely reliant upon the existing trades that have in effect gone ' bad ' to change and do the business
  • #970
  • Feb 17, 2011 9:00pm Feb 17, 2011 9:00pm
Quoting jcs
FINAL RESULTS AS AT 17 FEB

Method - Post 740

Settings

Alpari UK 500:1 standard account ( 0.01 min lot size - $3,000 starting balance )

Phantom6_01xR
Check Minute 15
Recovery False
[font=Verdana][color=black]Cut...

pl post the exact EA u r using since we have several flavors of Phantom6_01xR. i will try to add this mod. i cant guarantee when, but it will be done soon (within a week)

meanwhile can you mention whats the exact lotsize u got with those settings ? hours 5, 17 are GMT ?
  • #971
  • Feb 17, 2011 9:03pm Feb 17, 2011 9:03pm
any different CL coding with idea of a 'margin protector'
  • #972
  • Feb 17, 2011 9:08pm Feb 17, 2011 9:08pm
Quoting Nicastro
Hi Roundrock,

I had my first basket closure using OOTB settings.

1st basket trade at 13.18 GMT on 15 Feb.
Basket closed at 7.58 GMT on 17 Feb.
Trades: 4
Largest Floating DD -1.67%

Have you per chance had time to code my Sub-basket C idea set out in post 929? This should be grafted onto the EA as modified and uploaded on your post 818.

Your continued support would be greatly appreciated by us all at FF
hi Nicastro, right now i dont have any plans to add this basket c as i have other things to test. i need to test earlier mods before taking up new. no use of coding mods and not testing them.

i need you and others to report the test results for the mods i did

1. recovery system. is it useful ?

2. trading hours logic. is it helping ? is it better than earlier code

3. entering at DD. is it better ?

4. phantom resetting logic.

next in line : margin protector
  • #973
  • Edited 10:57pm Feb 17, 2011 10:34pm | Edited 10:57pm
Quoting roundrock
pl post the exact EA u r using since we have several flavors of Phantom6_01xR. i will try to add this mod. i cant guarantee when, but it will be done soon (within a week)

meanwhile can you mention whats the exact lotsize u got with those settings ? hours 5, 17 are GMT ?
Hi Roundrock, thank you

It is the one in your post 696
I have tried the later version you posted with different trading hours / phantom reset, but I had a few issues and I am not sure if it was my broker platform / internet problem or the code, it was closing baskets when it should not have basically
Suggest you use post 696 first as it seems pretty watertight

Not sure what you mean by exact lot size ..... size is set by MMTU automatically

I was using Alpari UK and have no idea how this relates to GMT .... way too complicated LOL
I am not sure start time is all that critical providing we trade the EU and US, but in the test I basically set my trading hours to avoid the late US and Asia sessions, as recommended by Nicastro ... started at a couple of hours before Europe open and end around close of Europe / mid US ( or earlier manually if I had a basket close nearing the end time and did not feel it was a good idea to let it open a new one this late in the day )

Shout if you need anything else, thanks again
  • #974
  • Feb 18, 2011 5:30am Feb 18, 2011 5:30am
Quoting roundrock
hi Nicastro, right now i dont have any plans to add this basket c as i have other things to test. i need to test earlier mods before taking up new. no use of coding mods and not testing them.

i need you and others to report the test results for the mods i did

1. recovery system. is it useful ?

2. trading hours logic. is it helping ? is it better than earlier code

3. entering at DD. is it better ?

4. phantom resetting logic.

next in line : margin protector

Roundrock,

I respond to the points using same numbering:-

1. Sadly No. What has been useful is the concept of 2 synthetically hedged sub-baskets and 2 accidental steps. One a high MMTU and second, a high leverage account. Trying to build on this by the introduction of a third sub-basket in the hope that this will help us to reduce MMTU while still keeping a good speed on basket closures. We won't know until we test.

2. Sadly no. I think the logic of resetting on a basket pop allows the EA to profit from short term fluctuations.

3. It is certainly much safer. The problem is that it is much slower than the EA with the recovery system (whether turned on or off) that JCS and FraserD are testing to name but a few.

I had my second basket closure using OOTB settings.

2nd basket: first trade entered at 10.00 GMT on 17 Feb.
Basket closed at 9.30 GMT on 18 Feb.
Trades: 5
Largest Floating DD -1.65%

Given the time it takes to closure, that it is a Friday and hence the weekend slowdown, I have tuned off the DD EA and will start testing once again from London open on Monday.

Would it be possible to have another DD EA with different pairs being traded with a different comment and different Magic number so that hopefully more than 1 EA can be used on a demo account?

4. The logic of resetting phantoms at AM start time (if there is no current basket open) and on each basket closure is my preferred option. This allows the EA to follow the market more aggressively.

I look forward to testing the coming Mod incorporating JCS's suggestion.
As an additional item, would it be possible to amend the EA by having a user defined option whereby the Cut Looser starts to operate once Margin Level reaches a user defined % level, cutting any number of losers to bring the Margin Level back up to %Level and then it goes to sleep until the margin level again goes back down to %Level.

Just a thought that may help.

Once again, many thanks for the generous donation of your time Roundrock.
  • #975
  • Feb 18, 2011 11:01am Feb 18, 2011 11:01am
I have been trading this WITHOUT EA. In other words I just bought 3 buys and 3 sells and let it go into profit. So far they have gone into 50 pips profit every time. Of course I have been trading only for last 3 days. No stop loss since they are all hedged.
  • #976
  • Feb 18, 2011 11:21am Feb 18, 2011 11:21am
I am looking for a SIMPLE EA that will close the basket when certain amount of profit is reached.
I have tried few like "close trades after account profit reached". But for some funny reasons they don,t and I get error message. I have been trading this system live on Ibfx.
  • #977
  • Feb 18, 2011 11:26am Feb 18, 2011 11:26am
I also have been trying a different basket :

Buys eurusd,usdchf,audcad

Sells audusd,eurchf,usdcad.

They also went into profit but seem to be for less pips compared to the other 6 pairs.
  • #978
  • Feb 18, 2011 11:28am Feb 18, 2011 11:28am
Quoting ES Trader
I have been trading this WITHOUT EA. In other words I just bought 3 buys and 3 sells and let it go into profit. So far they have gone into 50 pips profit every time. Of course I have been trading only for last 3 days. No stop loss since they are all hedged.
Your "Buy " and "sell" baskets for manual trades?

Many pairs being used, hence this question.
Intraday only.
  • #979
  • Feb 18, 2011 11:30am Feb 18, 2011 11:30am
Quoting navk
Your "Buy " and "sell" baskets for manual trades?

Many pairs being used, hence this question.
Probably any pairs would work if they are all synthetically hedged
  • #980
  • Feb 18, 2011 11:37am Feb 18, 2011 11:37am
I agree. I should try this, never thought about it.
Intraday only.
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