Phantom 6 System | Page 61 | 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

  • #1,201
  • Apr 5, 2011 12:15pm Apr 5, 2011 12:15pm
Quoting charvo
Take it easy, dude, is it your 2nd account on your list?

but last night when i checked, it was in okay DD, not close to a margin call yet.

looks like we need larger capital size, problem is how larger is enough.

and you lost all your profit? or all your capital?
Hi Charvo, congratulations on winning the bet at first

No, all the other accounts are safe, but took damage. What totally gives up some questions to me is, that 2 accounts had been startign with 500 bucks, one now is at 1340 euros and the other one is broke. With the same settings, everything. The EA simply didn't take the same trades, but should have done that... well. It's finally been the news today that killed it, they all sell the swissy for risk appetite again, and the UK had good numbers today ... GBPCHF has all the ammo for a mad run, in case you are on the wrong foot as the EA is.

*sigh*
"We are all just prisoners ... of our own device ..." (Hotel California)
  • #1,202
  • Apr 5, 2011 3:26pm Apr 5, 2011 3:26pm
not really happy about your congrats tho .

as i posted before, you can never expect identical results, even if u run same setting on same broker with a same computer. my guess is that it is MT4's natural fault, server's problem, or the market's nature.

to trade this EA, we must understand this condition.

i might have a figurative example:

both u and i want to buy a cup of coffee, we enter a starbucks simultaneously, we hand the cashier same bid for a cup of latte simultaneously, and then:

if there is one cashier, he'll take care of one of us first.
if there are two cashiers, they will be still difference in their responses.

this example might only reflect my own thought, and straying away far from reality. but my guess is that a starbucks is a broker, the cashier are the server, and u and i are two "ordersend()" functions.

looks like maybe you can consider merged two accounts, and trade two opposite EAs. that is, one is long xxxyyy, and the other is short xxxyyy.

by the way, an important question, there is NO pipstep used in your original addsix 02a, right?

Quoting xxl205
Hi Charvo, congratulations on winning the bet at first

No, all the other accounts are safe, but took damage. What totally gives up some questions to me is, that 2 accounts had been startign with 500 bucks, one now is at 1340 euros and the other one is broke. With the same settings, everything. The EA simply didn't take the same trades, but should have done that...
*sigh*
  • #1,203
  • Apr 5, 2011 4:10pm Apr 5, 2011 4:10pm
Quoting xxl205
Hi, just wanted to report that one of my small accounts with Addsix 02a original has run into margin call and the bet is lost.

The swissy has finally taken its toll. Crap.
Hi xxl205,

I am very sorry for you. And sad. Could you share your statement for a better understanding of why it has blown up?

Thank you in advance.
/achab
  • #1,204
  • Apr 5, 2011 5:01pm Apr 5, 2011 5:01pm
Quoting achab
Hi xxl205,

I am very sorry for you. And sad. Could you share your statement for a better understanding of why it has blown up?

Thank you in advance.
/achab
Well, as I am still in grief about it, I won't at the moment, sorry. Thanks for your participation. But we move on. I spoke to the account holder today and he said it doesn't hurt him that much as it does me ;-) this should calm me down a little, but still does not. Glad though, it wasn't my personal account, otherwise I'd be routing around for bullets at the moment... ;-)

Back on topic : No, Charvo, there was no pipstep, I was using it "as is".

But I have gambled around on demo with a version of 02a that switches GBPUSD to sell and GBPCHF to buy ... and it did well today. Maybe I'll watch that for a while before stopping the good thoughts about this EA principle.

But I also see your guys encouraging work for the new version(s), I will take my time to read it all ... after a while.

Not the one is down who falls, it is the one who doesn't stand up again.
"We are all just prisoners ... of our own device ..." (Hotel California)
  • #1,205
  • Apr 6, 2011 4:15am Apr 6, 2011 4:15am
Quoting xxl205
Well, as I am still in grief about it, I won't at the moment, sorry.
Here is something about my 2a demo which was in a drawdown of nearly 12% since 3-4 days, and I thought it is all over. Just now it closed for profit of 10%! (I set pp at 10%) Total 31 trades.
If your account had sustained for another day, probably you would have survived.
well, this PP setting has to be high especially when it is recovering from drawdown I think. When recovery happens it will go to other extreme.
There is hope with this one. Some parameters we need to control.
"Put all your efforts in becoming effortless"
  • #1,206
  • Apr 6, 2011 5:55am Apr 6, 2011 5:55am
Quoting xere
Hi, again. As I said yesterday, here it is the version 4.0 consolidated. This version changes from the 03 the next questions:

-Added the PhantomCheckMinute (from the achab's idea). The EA just consider trading if the current minute matches the input parameter.
-Added the MarginToCheck as a value, that is, if I want the EA doesn't open new trades when Free Margin was a 30% of the equity, then I must set the parameter with the value 0.30
-Added the corresponding line in the ACCOUNT AREA, tracking the Free margin and its protection.
-Added a...
Hi Xere,

on the new graphical interface I can read the last line ("Last Ph. Reset", in Aqua color) that refreshes after any close: does this version reset Phantom after the close?

If so, does the new 4.0 version override the "ResetHourInterval" option?

Have a nice day.
/achab
  • #1,207
  • Apr 6, 2011 6:18am Apr 6, 2011 6:18am
Quoting IamTHAT
Just now it closed for profit of 10%!
Another 3% today
"Put all your efforts in becoming effortless"
  • #1,208
  • Apr 6, 2011 6:22am Apr 6, 2011 6:22am
Quoting achab
Hi Xere,

on the new graphical interface I can read the last line ("Last Ph. Reset", in Aqua color) that refreshes after any close: does this version reset Phantom after the close?

If so, does the new 4.0 version override the "ResetHourInterval" option?

Have a nice day.
/achab
Hi.
Yes, I take as a base the 2a version, then change it to the 03 and now 4.0 I have changed nothing of this in my job. I keep it as it was. And, yes, I have also seen that on every basket close, the EA reset the phantom trades. Technically the value ResetHourInterval is working too, but practically just if after 8 hours there are no trades.
Do you think we should avoid this function?
  • #1,209
  • Apr 6, 2011 7:18am Apr 6, 2011 7:18am
Quoting xere
Hi.
Yes, I take as a base the 2a version, then change it to the 03 and now 4.0 I have changed nothing of this in my job. I keep it as it was. And, yes, I have also seen that on every basket close, the EA reset the phantom trades. Technically the value ResetHourInterval is working too, but practically just if after 8 hours there are no trades.
Do you think we should avoid this function?
I don't know it yet, let me think on that.

The think I don't understand is how (and why/when) this feature became useless, after resetting after every close.

Was it an omission or it was wanted? I really don't remember in which part of the post (or the basket 14 post) this feature was changed.

***

I have just re-read the code and I it's better to leave the reset feature "on" after "X" hours, just in case the phantom has many opened positions since more than 8 hours, in standard version: do you agree?
  • #1,210
  • Apr 6, 2011 7:41am Apr 6, 2011 7:41am
I keep telling you guys - it doesn't get much sweeter than Phantom6_01.mq4:
http://www.myfxbook.com/custom-widge...hartbgc=FFFFFF

Leverage 500:1, MMTU 0.1, PP 3.0, some minor trimming of biggest losers when available margin is less than 1000%. That's it.
  • #1,211
  • Apr 6, 2011 7:49am Apr 6, 2011 7:49am
Quoting achab
I don't know it yet, let me think on that.

The think I don't understand is how (and why/when) this feature became useless, after resetting after every close.

Was it an omission or it was wanted? I really don't remember in which part of the post (or the basket 14 post) this feature was changed.

***

I have just re-read the code and I it's better to leave the reset feature "on" after "X" hours, just in case the phantom has many opened positions since more than 8 hours, in standard version: do you agree?
I believe there is a better option: add a boolean parameter ReserPhantomAfterBasketClose (or similar in name, but this is very self-explanation name) Do you agree?
  • #1,212
  • Edited 8:18am Apr 6, 2011 7:54am | Edited 8:18am
Quoting TheMaxx
I keep telling you guys - it doesn't get much sweeter than Phantom6_01.mq4:
Leverage 500:1, MMTU 0.1, PP 3.0, some minor trimming of biggest losers when available margin is less than 1000%. That's it.
Oh no! I did not want to look beyond 2a. I don't want to demo one more phantom.
Anyway, good going, please keep testing.

2a from 28 Feb
Attached Image (click to enlarge)
Click to Enlarge Name: DetailedStatement.gif Size: 6 KB
"Put all your efforts in becoming effortless"
  • #1,213
  • Apr 6, 2011 8:01am Apr 6, 2011 8:01am
Quoting IamTHAT
Oh no! I did not want to look beyond 2a. I don't want to demo one more phantom.
Anyway, good going, please keep testing.
I'm not knocking anyone - I just think that for some there is a quest for perpetual improvement and never any implementation. I've run the base phantom against every variation suggested on FF and I've never seen any increase in performance or stability in the variations.
  • #1,214
  • Apr 6, 2011 8:24am Apr 6, 2011 8:24am
Quoting TheMaxx
I just think that for some there is a quest for perpetual improvement and never any implementation.
Yes, That is the human tendency.
That's why one sage said, when one comes across a mango tree full of fruits, one tends look at the angle of the branches, colour of the leaves etc. instead of relishing mango.
"Put all your efforts in becoming effortless"
  • #1,215
  • Apr 6, 2011 4:27pm Apr 6, 2011 4:27pm
Quoting xere
I believe there is a better option: add a boolean parameter ReserPhantomAfterBasketClose (or similar in name, but this is very self-explanation name) Do you agree?
Ok, good choice. I like the name you have found, too.

Good night.
/achab
  • #1,216
  • Edited Apr 8, 2011 3:42am Apr 7, 2011 5:58am | Edited Apr 8, 2011 3:42am
Hi, I upload the last version of the EA, with minor changes from 4.0
The mods:
1. Added the parameter ResetPhantomAtCloseBasket. If false, it just reset every ResetHoursPhantom
2. Added the update (proposal by achab) of the PhantomCheckMinute. This value is changing depending on the last basket closure.
3. In the graphical interface, it shows a comma after the "thousands", making more readable. (I did check it, but not on millions, could you do it?. I think it will do well)

Waiting for your feellings. Thanks
Attached File(s)
File Type: mq4 Phantom_AddSix_4.0.2.mq4   76 KB | 392 downloads
  • #1,217
  • Edited 1:58am Apr 8, 2011 1:09am | Edited 1:58am
  •  sym
  • Joined Apr 2011 | Status: Working... (too much) :) | 356 Posts
Quoting xere
Hi, I upload the last version of the EA, with minor changes from 4.0
The mods:
1. Added the parameter ResetPhantomAtCloseBasket. If false, it just reset every ResetHoursPhantom
2. Added the update (proposal by achab) of the PhantomCheckMinute. This value is changing depending on the last basket closure.
3. In the graphical interface, it shows a comma after the "thousands", making more readable. (I did check it, but not on millions, could you do it?. I think it will do well)

Waiting for your feellings. Thanks
Hi xere,
I've found a minor flaw.
My demo account is 3,007.39 US but shown on the screen was 3,7.39. It just missed two zero.
thanks for your piece

(could it be because I'm european and for my O.S. the right use of , and . is: 3.007,39 ???)
--- nothing to say ---
  • #1,218
  • Apr 8, 2011 3:28am Apr 8, 2011 3:28am
Quoting sym
Hi xere,
I've found a minor flaw.
My demo account is 3,007.39 US but shown on the screen was 3,7.39. It just missed two zero.
thanks for your piece

(could it be because I'm european and for my O.S. the right use of , and . is: 3.007,39 ???)
No no, sorry, it's my fault. I have edited the code. The last post is already changed. Thanks.
  • #1,219
  • Apr 8, 2011 7:10am Apr 8, 2011 7:10am
Hi All,

Thank you for your job in this thread. I think it is a different system and you could possibly reach some profits when most of people are using traditional systems. I´m testing the new version and I will share my results.

Anyone of you can tell me which is the best MMTU, PP in order to get highest ProfitVSRisk? (1:500 leverage)

I´m thinking about your proposal about including SL for all trades and It would be a disaster if you have 2 bad baskets or more. How does "Margin protect" works?. What happen when you reach "Margin protect" level?

Bye
  • #1,220
  • Apr 8, 2011 8:01am Apr 8, 2011 8:01am
Quoting morepipspls
Hi All,

Thank you for your job in this thread. I think it is a different system and you could possibly reach some profits when most of people are using traditional systems. I´m testing the new version and I will share my results.

Anyone of you can tell me which is...
There are 2 different points of view: I like to use a little MMTU (0.5) and PP (0.25). This way almost every basket reaches "easily" his target without a great DD (in an account with 5000 € and 1:500). It runs slowly but safe in the two weeks I am testing it. Some people prefers rise the PP until 3%. This is a taste question: some people have a great aversion to risk (as me), and some others not (but, of course, the profits will be exponentially bigger).
Right now, the Margin protect level just avoid send more new orders when it's reached. I think this parameter could be override in a future by a kind of Global Stop Loss, maybe closing all positions when basket is against us or avoiding the new ones.
The EA is running well, but I believe it has to be developed a little more.

Thanks for all.
8 traders viewing now