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Phantom 6 System

  • #1,261
  • Apr 11, 2011 3:39am Apr 11, 2011 3:39am
Quoting morepipspls
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 wasnīt 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,...
Hi. I suspect that you don't understand exactly what a synthetic hedge is. USDCHF is a Buy pair in the basket ALWAYS, and this cannot be changed, or we are talking about another strategy, maybe better, but is another different strategy.
  • #1,262
  • Apr 11, 2011 5:11am Apr 11, 2011 5:11am
Quoting xere
Hi. I suspect that you don't understand exactly what a synthetic hedge is. USDCHF is a Buy pair in the basket ALWAYS, and this cannot be changed, or we are talking about another strategy, maybe better, but is another different strategy.
Hi Xere,

You explained very well in your last post. I donīt want to change from BUY to SELL with USDCHF, this wonīt work in this strategy, my question is, you could find another six phantoms that match 100% with their trends? (Buys and Sells). These Phantoms goes in 66% (4/6) with their pair trend (It is great) and maybe if your first trade it is one pair that goes with the trend, you donīt need much more trades to get your PP.

It was only an idea spoken with Thorn....

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

Thanks in advance!
  • #1,263
  • Apr 11, 2011 5:49am Apr 11, 2011 5:49am
Quoting morepipspls
Hi Xere,

You explained very well in your last post. I donīt want to change from BUY to SELL with USDCHF, this wonīt work in this strategy, my question is, you could find another six phantoms that match 100% with their trends? (Buys and Sells). These Phantoms goes in 66% (4/6) with their pair trend (It is great) and maybe if your first trade it is one pair that goes with the trend, you donīt need much more trades to get your PP.

It was only an idea spoken with Thorn....

In my demo, No trades since 2011.04.08 09:00, Which is the condition for...
Mornining,

I understand your thinking about going with the trend. The problem is, when creating a synthetic hedge of 6 pairs it is close to impossible to get all 6 going in one direction. The reason for this is correlation. Look at your basket and take EURJPY and CHFJPY for example. They are not ALWAYS trending in same direction but most of the time they are. Same with EURUSD and GBPUSD or whatever combination of pairs you use.

All the phantoms trade a specific currency both long and short. That is the whole idea of a synthetic hedge. As for the first trade going with the trend that would be hard to do, as you never know which of your pairs will be the strongest when you start a basket.

Looking at the charts for past week I would think EURJPY would be a good pair to start long as its been trending up. But look what happened since market open last night, its down 70-80 pips so you never know. And its correlated pair CHFJPY which you trade short is down about the same amount.

I thought the same way when I started testing these 6 months ago. But the more I tested, the more I realized trend really does not matter much.
  • #1,264
  • Apr 11, 2011 6:15am Apr 11, 2011 6:15am
Following on from Thorn's post, try switching the two baskets around - put the current buy basket into the sell basket and the current sell basket into the buy basket. You'll find that it will have a different profitability but it will still be profitable.
  • #1,265
  • Apr 11, 2011 7:14am Apr 11, 2011 7:14am
Quoting TheMaxx
Following on from Thorn's post, try switching the two baskets around - put the current buy basket into the sell basket and the current sell basket into the buy basket. You'll find that it will have a different profitability but it will still be profitable.
Morepippspls,

If you dont know how to change the EA's, let me know I can post something up for you. If you want to use differet pairs or change pairs or whatever. Just tell me any 6 pairs you want to trade long and short and I can create a synthetic 14 pair phantom with the 6 traded pairs. I have alot of configurations saved so I could whip something up quick.
  • #1,266
  • Apr 11, 2011 7:21am Apr 11, 2011 7:21am
Hey, Maxx: you mean only swapping the two baskets of buyside and sellside? or Thorn's "loser" theory that buy the worst long and sell the worst short?

Quoting TheMaxx
Following on from Thorn's post, try switching the two baskets around - put the current buy basket into the sell basket and the current sell basket into the buy basket. You'll find that it will have a different profitability but it will still be profitable.
  • #1,267
  • Apr 11, 2011 8:33am Apr 11, 2011 8:33am
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).

Hi Thorn,

Do you have any problem with this version? I have tested it and it only opens the first trade, after that, no more trades. Do you have the same problem or someone who has tested it?

Thank you
  • #1,268
  • Apr 11, 2011 8:47am Apr 11, 2011 8:47am
Quoting Caillou
Hi Thorn,

Do you have any problem with this version? I have tested it and it only opens the first trade, after that, no more trades. Do you have the same problem or someone who has tested it?

Thank you
I have the same problem with Phantom_AddSix_4.0.2.mq4.

Regards
  • #1,269
  • Apr 11, 2011 8:49am Apr 11, 2011 8:49am
Quoting morepipspls
I have the same problem with Phantom_AddSix_4.0.2.mq4.

Regards

Yes, me too. The same problem with both versions: Biggest winner and biggest loser......
  • #1,270
  • Apr 11, 2011 9:03am Apr 11, 2011 9:03am
Quoting morepipspls
Hi all,

If I was programmer but Iīm 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 wonīt 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...
Hi Guys,
I just want to share to you what Brian Brijon's approach posted in his thread to control dd. He leaved the origianal pairs intack and then control his dd by 5 to 10% by idenfifying the pairs that pop-up (winniers) and those that went negative. He then place a one or 2 trades for the winners as an add-on and a hedge for the pairs that went negative. When the profit/lost is almost balance or turned positive, he close a profitable pair and add another trade in line with the direction of the pair just closed, and the cycle begins anew. Hedging of course is not allowed for those that are US citizen, but for those outside the US, it is something that you might want to consider in this endeavour.

Thanks,

Edd
  • #1,271
  • Edited 9:24am Apr 11, 2011 9:22am | Edited 9:24am
Quoting thorn
Mornining,

I understand your thinking about going with the trend. The problem is, when creating a synthetic hedge of 6 pairs it is close to impossible to get all 6 going in one direction. The reason for this is correlation. Look at your basket and take EURJPY and CHFJPY for example. They are not ALWAYS trending in same direction but most of the time they are. Same with EURUSD and GBPUSD or whatever combination of pairs you use.

All the phantoms trade a specific currency both long and short. That is the whole idea of a synthetic hedge. As for...

Hi Thorn,

Thanks for your offer but I have a problem choosing another pairs, I donīt know which ones are a "Pure synthetic hedge".

I was thinking about you said about the trend and you are right, and If 66% pairs goes with the trend, it is not bad. Anyway, I was thinking too what is the biggest risk here, you trade in one way but it is going to wrong way and you add a new trade that it is not going in the opposite way.....More and less "Ranging Market" ?

I need your help (from everyone here) to know how many groups of pure synthetic hedge we can build, I watched another thread here and "Dryclean" recommends the following pairs (I donīt know if it is a pure syntethic)

 

  1. Buy

    1. AUDUSD
    2. EURUSD
    3. USDJPY

  2. Sell

    1. USDCHF
    2. GBPCHF
    3. EURJPY

We will have in our system two or more pure Synthetic Pure Hedging Phantoms groups and only we can trade one.

Which one?-> Higher Volatility-> Higher chances for getting our PP before or less DD and we will get a higher diversification. We always will trade with highest Volatility Phantoms Sixs

I have found one indicator that it could help us

http://metatrader5.blogspot.com/2008...indicator.html


About the profit. What do you think about setting the PP according to Daily Average True Range (ATR) of the pairs that you are trading?. It looks logical.

I know that it could be difficult but I had to ask you about this....

Regards

  • #1,272
  • Apr 11, 2011 9:26am Apr 11, 2011 9:26am
hey, had to reset my demo because of wrong PP, but it is still running fine with the 22 loser version also at your account, thorn ... makes me more confident that this might have been one step closer to success ^^
"We are all just prisoners ... of our own device ..." (Hotel California)
  • #1,273
  • Apr 11, 2011 9:40am Apr 11, 2011 9:40am
Quoting morepipspls
I need your help (from everyone here) to know how many groups of pure synthetic hedge we can build, I watched another thread here and "Dryclean" recommends the following pairs (I donīt know if it is a pure syntethic)

 

  1. Buy

    1. AUDUSD
    2. EURUSD
    3. USDJPY

  2. Sell

    1. USDCHF
    2. GBPCHF
    3. EURJPY

This is not a synthetic hedge. Look at the original baskets in the phantom code:
Quote
Group 1, The Phantom Buys
1. GBPUSD
2. USDCHF
3. EURJPY

Group 2, The Phantom Sells
4. GBPCHF
5. CHFJPY
6. EURCHF
This is the same as:
Group 1:
BUY GBP
SELL USD
BUY USD
SELL CHF
BUY EUR
SELL JPY

Group 2:
SELL GBP
BUY CHF
SELL CHF
BUY JPY
SELL EUR
BUY CHF

Now if you cancel out the buys and sells of each currency, not pair (ie. BUY GBP and SELL GBP cancel each other, SELL USD and BUY USD cancel each other), you'll see you're left with no currencies at the end of the exercise. Thorn suggested some synthetic hedges here. Start with those.
  • #1,274
  • Apr 11, 2011 9:53am Apr 11, 2011 9:53am
Quoting TheMaxx
This is not a synthetic hedge. Look at the original baskets in the phantom code:
This is the same as:
Group 1:
BUY GBP
SELL USD
BUY USD
SELL CHF
BUY...
Hey thanks TheMaxx,

So we have 3 more PHANTOMS CANDIDATES



set 1 (no YEN,CHF)
BUYS: GBPUSD/EURCAD/EURGBP
SELLS: EURUSD/EURAUD/AUDCAD

set 2 (no AUD,GBP)
BUYS: EURCHF/CHFJPY/USDJPY
SELLS: EURJPY/USDCAD/CADJPY

set 3 (no EUR,CAD)
BUYS: AUDUSD/GBPAUD/NZDJPY
SELLS: GBPUSD/NZDUSD/USDJPY
  • #1,275
  • Apr 11, 2011 11:13am Apr 11, 2011 11:13am
Quoting Caillou
Yes, me too. The same problem with both versions: Biggest winner and biggest loser......

Sorry guys I did not test it. If both versions are not working there must be a problem with the original code. I think Xere added a bunch of new stuff to that one maybe there is small bug somewhere.
  • #1,276
  • Apr 11, 2011 11:41am Apr 11, 2011 11:41am
Quoting morepipspls
Hey thanks TheMaxx,

So we have 3 more PHANTOMS CANDIDATES



set 1 (no YEN,CHF)
BUYS: GBPUSD/EURCAD/EURGBP
SELLS: EURUSD/EURAUD/AUDCAD

set 2 (no AUD,GBP)
BUYS: EURCHF/CHFJPY/USDJPY
SELLS: EURJPY/USDCAD/CADJPY

set 3 (no EUR,CAD)
BUYS: AUDUSD/GBPAUD/NZDJPY
SELLS: GBPUSD/NZDUSD/USDJPY
Those 3 would work fine. You probably realize by now there are many combos you can use. Now for set 1 you dont trade yen/chf but the 14 pair phantom would need to include those currencies. Cant make up a 14 pair hedge without them, but you dont have to take the real trades on them. Does that make sense? Kind of like the original 14 pairs include nzd but you dont take any real nzd trades. Ill try to put something together and post it later tonight. There seems to be a problem with the newer ea so Ill base anything off the previous version (addsix_4.0).
  • #1,277
  • Apr 11, 2011 1:08pm Apr 11, 2011 1:08pm
Quoting thorn
Sorry guys I did not test it. If both versions are not working there must be a problem with the original code. I think Xere added a bunch of new stuff to that one maybe there is small bug somewhere.
I am watching what the problem is. I suspect that the autochange of the PhantomCheckMinute proposed by achab is not well coded and maybe it's the source of the problem. Please, use this parameter with the value of 0 and check if the EA add new trades. I am doing right now the same. If this was the solution, I will study it with more caution...
  • #1,278
  • Apr 11, 2011 1:50pm Apr 11, 2011 1:50pm
Quoting xere
I am watching what the problem is. I suspect that the autochange of the PhantomCheckMinute proposed by achab is not well coded and maybe it's the source of the problem. Please, use this parameter with the value of 0 and check if the EA add new trades. I am doing right now the same. If this was the solution, I will study it with more caution...
I used PhantomCheckMinute with value 0 and I have the problem.
  • #1,279
  • Apr 11, 2011 3:20pm Apr 11, 2011 3:20pm
Quoting xere
No, place the EA just in one chart.
Thanks for reply. How do we change lot size?
  • #1,280
  • Apr 11, 2011 4:40pm Apr 11, 2011 4:40pm
Quoting 2+2=4ex
Thanks for reply. How do we change lot size?
Lot size is based on a percentage of the equity in account. On the input tab of the ea look for MaxMarginToUse(MMTU). I think the default value is 0.5%..Since its based on percentage, higher leverage will give you bigger lots.
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