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Phantom 6 System

  • #1,241
  • Apr 10, 2011 9:48am Apr 10, 2011 9:48am
Quoting Caillou
Thank you Thorn,

I will have to change some pairs since I'm with Alpari UK. Are the 22 pairs forming a syntetic hedge?
Hi Caillou,

If you open the ea there are comments at top of code. But no, the 22 pairs is not an exact synthetic hedge. There is some extra exposure long in CHF and AUD and short in USD and JPY. But this should not make much difference as you would never be trading all 22 at once.

The more I have thought about this, the more I think maybe I should construct it to only trade a certain amount of pairs instead of all 22. Less pairs = less risk?? IDK.

Anyway, Its easy enough to do, so if you would like the big loser idea to trade a smaller basket tell me the number and specific pairs you would want to live trade and I can code it up.
  • #1,242
  • Apr 10, 2011 9:51am Apr 10, 2011 9:51am
Quoting xxl205
Thank you very much, you're the man ! I was wondering what that biggest loser strategy would work like some weeks ago here in this thread also, but as I am not capable coding it, I had to wait and sit it out if anyone would pick it up or maybe even listen to me

Now I will for sure fire up demo accounts with your both eas and I am waiting for more ideas to come. Thanx again !
Thanks for posting. I remember someone had the loser idea, I just couldnt remember who it was. Its been floating around in my brain to try since then.
  • #1,243
  • Apr 10, 2011 10:21am Apr 10, 2011 10:21am
Quoting morepipspls
Hi all,

If I was programmer but I´m not……My hope is programmers of this thread could share my vision and build a system with some of my ideas and your ideas too.

It is almost impossible to teach your computer to analyze the trend, but it is true that if one pair has now a lower price than a week,month, several month ago…I won´t bet that it is going to get a higher price.

This system just has the amazing recovery thanks to synthetic hedge, that is great, but if your first,second... trade goes with the trend,and in the second step, the system...
I agree 100%, but I think the reality is "lower risk = lower profit" and "higher risk = higher profit". If you look at Achabs tests, you will see that clearly.

Im in the lower risk, lower drawdown camp myself, so no, I wouldnt sleep at all with 90%. LOL. My goal is to achieve "lower risk = steady profit".

Your ideas are good, but my programing skills are no where near capable of doing something like that.
  • #1,244
  • Apr 10, 2011 11:06am Apr 10, 2011 11:06am
Quoting thorn
Hi Caillou,

If you open the ea there are comments at top of code. But no, the 22 pairs is not an exact synthetic hedge. There is some extra exposure long in CHF and AUD and short in USD and JPY. But this should not make much difference as you would never be trading all 22 at once.

The more I have thought about this, the more I think maybe I should construct it to only trade a certain amount of pairs instead of all 22. Less pairs = less risk?? IDK.

Anyway, Its easy enough to do, so if you would like the big loser idea to trade a smaller...
Hi Thorn,

I think important in your Loser Version is to trade the big loser, and not wich pairs and the number of pairs....

Anyway, when you have time it would be great to have the last version (I think it's from Xere)...so we can compare both versions.

Thank you
  • #1,245
  • Apr 10, 2011 11:43am Apr 10, 2011 11:43am
Quoting TheMaxx
0.075 PP is +5.07%
http://www.myfxbook.com/members/them...b-041-pp/99464
http://tinypic.com/r/4vssvt/7

2.0 PP is +17.09%
http://www.myfxbook.com/members/them...b-041-pp/99466
http://tinypic.com/r/90rqs6/7
Hi TheMaxx,

my first comment on your first week of these tests is the ratio between them.
The first ratio is about MMTU: 0.0750 / 2.0000 = 26.66;
The second is between Closed P/L: 854 / 252 = 3.38;
The third is between Lowest Margins: 2341 / 705 = 3.32.

It's interesting to notice that the second and the third are in practice the same.

Another comment could be about the ratio between MMTUs and Lowest Margins, that - even it one MMTU is bigger more than 26 times - the Lowest Margin "suffered" only a bit more than 3 times.

What do you think about?

Good Sunday.
/achab
  • #1,246
  • Apr 10, 2011 2:22pm Apr 10, 2011 2:22pm
Quoting thorn
I agree 100%, but I think the reality is "lower risk = lower profit" and "higher risk = higher profit". If you look at Achabs tests, you will see that clearly.

Im in the lower risk, lower drawdown camp myself, so no, I wouldnt sleep at all with 90%. LOL. My goal is to achieve "lower risk = steady profit".

Your ideas are good, but my programing skills are no where near capable of doing something like that.
Lol, I agree with you too…"Lower risk= steady profit" is a good target.
Ok I´m trying to know how many groups of six synthetic hedging pairs we can trade. Do you know it?. If we know that, we can select the best hedging group for every market condition (trend and spread). What do you think about this idea?.

Thanks Achab for sharing your results.
  • #1,247
  • Apr 10, 2011 4:40pm Apr 10, 2011 4:40pm
Quoting Caillou
Hi Thorn,

I think important in your Loser Version is to trade the big loser, and not wich pairs and the number of pairs....

Anyway, when you have time it would be great to have the last version (I think it's from Xere)...so we can compare both versions.

Thank you
Caillou,

This is the lastest version from xere. Everything is exactly the same except it trades the biggest loser. I renamed the file with _BL at end (for biggest loser).
Attached File(s)
File Type: mq4 Phantom_AddSix_4.0.2_BL.mq4   76 KB | 319 downloads
  • #1,248
  • Apr 10, 2011 4:58pm Apr 10, 2011 4:58pm
Quoting thorn
Caillou,

This is the lastest version from xere. Everything is exactly the same except it trades the biggest loser. I renamed the file with _BL at end (for biggest loser).
I have not seen yet the code, but would it be easier to code the same as I did but adding a parameter TradeBigLoser? This way we can check the same EA with the two possibilities...
The new EA could be called 4.1
  • #1,249
  • Apr 10, 2011 8:04pm Apr 10, 2011 8:04pm
Quoting xere
I have not seen yet the code, but would it be easier to code the same as I did but adding a parameter TradeBigLoser? This way we can check the same EA with the two possibilities...
The new EA could be called 4.1
I used your last posted EA. The only code I changed was this:

if (GBPUSD_PL > BiggestPhantomWinnerPL)
TO
if (GBPUSD_PL < BiggestPhantomLoserPL)

That for all pairs..Now ea trades biggest loser, no other changes made.
Execpt of course i re-named anything that was BiggestPhantomWinner to BiggestPhantomLoser.

What you are asking is way beyond my abilities. I understand mlq4 enough to change things, add things, and move things around and maybe copy/past from one ea to another. But actual coding like you do, no way. Not even sure the biggest loser idea has any merit. Just starting some tests on it now so dont worry too much about it for now.
  • #1,250
  • Apr 10, 2011 11:22pm Apr 10, 2011 11:22pm
Quoting thorn
I used your last posted EA. The only code I changed was this:

if (GBPUSD_PL > BiggestPhantomWinnerPL)...
OK, I see it's easier to change and even to keep the two trading logic. Test it. If its results are interesting, I will code it.
I thought too why we don't trade the best winner of the entire basket of 14 instead the sub-basket of 6? Just another idea to test....
  • #1,251
  • Apr 11, 2011 12:08am Apr 11, 2011 12:08am
Do you have to place the EA on a chart for each pair?
  • #1,252
  • Apr 11, 2011 12:19am Apr 11, 2011 12:19am
Quoting thorn
Caillou,

This is the lastest version from xere. Everything is exactly the same except it trades the biggest loser. I renamed the file with _BL at end (for biggest loser).
Thank you very much Thorn,

I will try it......
  • #1,253
  • Apr 11, 2011 2:00am Apr 11, 2011 2:00am
Quoting 2+2=4ex
Do you have to place the EA on a chart for each pair?
No, place the EA just in one chart.
  • #1,254
  • Apr 11, 2011 2:41am Apr 11, 2011 2:41am
Found this in forex tsd. Hope some of you will be interested to use it on a separate chart. A simpler form of MPTM i guess since we are interested in basket closures only.
It was described as:
Trailing P/L starts trailing when specified P/L (percentage) is reached.
You can specify trail start level and trailing width.

eg
Account Balance ( or Freemargi or Equity) 10000 / Trail Start 5% / Trail Width 2%
When current P/L exceeds 5%(500), EA starts trailing by 2%(200) width.
*when you use Freemargin or Equity, trail width is not fixed, because Freemargin and Equity itself are changing.
Attached File(s)
File Type: mq4 Simple Basket Close v2.mq4   8 KB | 272 downloads
  • #1,255
  • Apr 11, 2011 3:04am Apr 11, 2011 3:04am
Has anyone problems with Alpari Uk Demo acconts? My lot size changes each second between 0.01 and 0.2.....
  • #1,256
  • Apr 11, 2011 3:45am Apr 11, 2011 3:45am
Quoting Caillou
Hi Thorn,

I think important in your Loser Version is to trade the big loser, and not wich pairs and the number of pairs....

Anyway, when you have time it would be great to have the last version (I think it's from Xere)...so we can compare both versions.

Thank you
Hi Caillou,

Why do you want to trade Big Loser?. In the same direction?

Regards
  • #1,257
  • Apr 11, 2011 3:59am Apr 11, 2011 3:59am
Quoting Caillou
Great results The Maxx. What is your max DD on your second test?
You can see the answer in the second screenshot. $529.83 which was 10.56% on a $5K account.
  • #1,258
  • Apr 11, 2011 4:04am Apr 11, 2011 4:04am
Quoting achab
Hi TheMaxx,

my first comment on your first week of these tests is the ratio between them.
The first ratio is about MMTU: 0.0750 / 2.0000 = 26.66;
The second is between Closed P/L: 854 / 252 = 3.38;
The third is between Lowest Margins: 2341 / 705 = 3.32.

It's interesting to notice that the second and the third are in practice the same.

Another comment could be about the ratio between MMTUs and Lowest Margins, that - even it one MMTU is bigger more than 26 times - the Lowest Margin "suffered" only a bit more than 3 times.

What do you think about?

Good...
I think the key is how the phantom performs when it hits a bad basket. In my mind lowering PP decreases the frequency of bad baskets, but how baskets form is random so having a low PP doesn't mean you're never going to get a bad basket. A PP of 0.01 might get a bad basket on the first trade while a PP of 10 might not have a bad basket for months. And if the PP of 10 gets a bad basket, maybe you can just cut it and your account is cushioned by the profits you've made (*). I personally think if MMTU is fixed a large enough PP that leads to a regular closing of baskets is best.

(*) I think that due to the nature of the hedged baskets if you have enough leverage baskets will always recover so there is no such thing as a truly bad basket. Its just a matter of how long you can hold on until it turns around.
  • #1,259
  • Apr 11, 2011 4:49am Apr 11, 2011 4:49am
Quoting morepipspls
Hi Caillou,

Why do you want to trade Big Loser?. In the same direction?

Regards

Hi,

I´m only testing a Thorn´s idea......
  • #1,260
  • Apr 11, 2011 5:00am Apr 11, 2011 5:00am
Hi,

My first demo of Phantom_AddSix_4.0.2.mq4.

http://pulgarcito.mt4stats.com/

MMTU 0.3
PP 0.5
ResetPhantomAtCloseBasket: False -> I think that "MetaCoder" decided about 8 hours like a default setting and maybe wasn´t a random decision. 8 hours more and less is the duration that it could means the start point of a higher duration trend (one week more and less).

No trades since 2011.04.08 09:00, Which is the condition for adding a new trade to the basket?

If you review charts about six pairs that we are trading:

GBP/USD - Buy- GOES WITH THE TREND
USD/CHF -Buy- NO GOES WITH THE TREND
ERU/JPY-Buy- "MAYBE" GOES WITH THE TREND

GBP/CHF -Sell- GOES WITH THE TREND
CHF/JPY -Sell- NO GOES WITH THE TREND
EUR/CHF -Sell- GOES WITH THE TREND

In order to improve the system maybe the first trade should go with the trend.

PP about a percentage of Daily ATR of every pair traded, around 30% could be fine. This is only Brainstorming.

Regards

[IMG]file:///C:/DOCUME%7E1/un243615/CONFIG%7E1/Temp/moz-screenshot-1.png[/IMG][IMG]file:///C:/DOCUME%7E1/un243615/CONFIG%7E1/Temp/moz-screenshot-2.png[/IMG]
Attached Image(s) (click to enlarge)
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