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Phantom 6 System

  • #1,361
  • Apr 24, 2011 3:01pm Apr 24, 2011 3:01pm
Quoting xere
I don't know why I can't download the last version in order to adapt the GraphicalUI.
Strange. I'm reposting it.
Attached File(s)
File Type: mq4 Phantom_AddSix_5.1.1.mq4   91 KB | 361 downloads
  • #1,362
  • Apr 24, 2011 3:14pm Apr 24, 2011 3:14pm
Quoting vismut
Dear MCS,

you are right asking about 1.9 log GBP -USD. it wast the first order set by mistake.
But all the rest orders were placed by the EA.
Without this GBPUSD trade the closed orders in your statement closed in profit.

Quoting vismut
Ref. "too risky", i thought Fxmarket could give some more earning that Bank deposit.
FX can also give some more drawdowns, which you are experiencing with the open positions in your statement.
With default MMK=3 this EA should give you several percent profit in a month, will be about 100% a year with reinvesting; DD around 10-15%. It is already a bit better than in a bank
You increased risk tenfold, so drawdowns will almost certainly blow up your account.
  • #1,363
  • Apr 24, 2011 4:56pm Apr 24, 2011 4:56pm
Quoting mcs
Strange. I'm reposting it.
Thanks, this time it's OK. Doing the job.
  • #1,364
  • Apr 24, 2011 11:18pm Apr 24, 2011 11:18pm
Quoting mcs
Strange. I'm reposting it.
Thanks for sharing , looks good. Gona keep testing
Vit
  • #1,365
  • Apr 25, 2011 2:26am Apr 25, 2011 2:26am
Quoting vismut
hi all!

i have been testing this version: Phantom_AddSix_4.0.3 (default settings)
this system can hardly be considered as a having chances.
Why?
/achab
  • #1,366
  • Apr 25, 2011 5:06am Apr 25, 2011 5:06am
Quoting mcs
Hi morepipspls,

It is definitely not MMK. MMK only affects lot sizes, not basket closures.
Hi Mcs,

The reason could be "MarginToProtect=0.25"? I donīt think so...

Another question: Why do you think "AddSix 2a" is the best Phantoms EA?. Why not with pipstep (10 default) and factor "X"? (AddSix 2ax). I was thinking that maybe "Addsix 3bx" with pipstep=10 and no Cut lossers would be better if you use 0.01 lots in a small balance (around 3.000€).

Thanks!

Regards
  • #1,367
  • Apr 25, 2011 7:14am Apr 25, 2011 7:14am
Quoting mcs
Hi morepipspls,

It is definitely not MMK. MMK only affects lot sizes, not basket closures.
please note if you change MMK to 0 (to have 0.1 lot ) expert does not work
????
Vit
  • #1,368
  • Apr 25, 2011 10:51am Apr 25, 2011 10:51am
Quoting achab
Why?
/achab
it looks like "Whaaaaay?! Whaaaaay....?!" (joke).

dear Achab, MCS already explained that I had accepted to high risk/leverage. this led to sufficient DD.

Unfortunately i haven't manage to find neither any description of the system & it's variables, no recommendations

i keep going with testing it on demo. with default settings.
  • #1,369
  • Apr 25, 2011 2:23pm Apr 25, 2011 2:23pm
Quoting morepipspls
Another question: Why do you think "AddSix 2a" is the best Phantoms EA?. Why not with pipstep (10 default) and factor "X"? (AddSix 2ax). I was thinking that maybe "Addsix 3bx" with pipstep=10 and no Cut lossers would be better if you use 0.01 lots in a small balance (around 3.000€).
Really? I didn't know that I think so
I don't remember what does pipstep mean, regarding X factor - it is going to slow down basket formation. I'm already concerned about the performance of Phantom using default 3000 to 0.01 money management. Last week only gave me some 2.2% profit.
On the other hand, X factor could make baskets more profitable and reduce DD... You are welcome to experiment
  • #1,370
  • Edited 5:20pm Apr 25, 2011 2:25pm | Edited 5:20pm
Quoting vit007
please note if you change MMK to 0 (to have 0.1 lot ) expert does not work
????
Vit
MMK is not supposed to be 0. I didn't add a specific check for it, my bad. If you want to use 0.1 lot, you might want to set UseOriginalMMTU = 1 and UseSmallestLot = true or something like this.
Another way is to set your MMK to a value which gives you lot 0.1 given your deposit size. Say, if you have 10000 deposit and want to use lot 0.1, you will have to have MMK=1, for a deposit of 12345 MMK would be 1.2345, etc.
  • #1,371
  • Edited Apr 26, 2011 1:45pm Apr 25, 2011 6:26pm | Edited Apr 26, 2011 1:45pm
Quoting mcs
Really? I didn't know that I think so
I don't remember what does pipstep mean, regarding X factor - it is going to slow down basket formation. I'm already concerned about the performance of Phantom using default 3000 to 0.01 money management. Last week only gave me some 2.2% profit.
On the other hand, X factor could make baskets more profitable and reduce DD... You are welcome to experiment
Hi Mcs,

When you are working in the newest version from Addsix 02a I guess you prefer that one. You can see Pipstep definition by Frazerd here:

http://www.forexfactory.com/showpost.php?p=4237873

And an explanation about all ADDSIXPHANTOMS:

[b][i]Phantom_AddSix EAs Explained
[The basic strategy for all these EAs is to trade a basket of 14 Phantom currency pairs that provide a hedge. These are real time trades, but are not actually traded, thus the name Phantoms. The AddSix EAs only place real trades on 6 of the 14 pairs which also provide a hedge within the larger hedge, thus the name AddSix. The difference in the EAs is the logic used to select and add real trades.
The first AddSix EA (Phantom_AddSix_01), during minute 0, adds trades on any of the 6 traded phantom pairs that is in profit. That criterion is very loose so it can lead to a lot of trades.

Phantom_AddSix_02, in minute 0 of each hour, only opens a trade for a pair if it is the biggest phantom winner among all 14 pairs and is one of the six.
AddSix_02a is the same as 02, but resets phantoms every 8 hours.
Phantom_AddSix_03 has a subtle change from version 02 in an attempt to make it a little more like version 01, yet more efficient. It does not have the limitation that the biggest winning phantom must be biggest among all 14 pairs as in version 02. Instead, a winning phantom must only be the largest among the six traded pairs in order for a trade to be opened. We don't have to wait for them to distinguish themselves among all 14 pairs.

With version 03, it is possible that more than one trade can be opened in minute 0, but less likely than in version 01.

I believe this makes ver 03 a true hybrid of 01 and 02.

Version 03a is exactly the same as version 03, but it only allows one pair to be traded during minute 0.

Version 03b is exactly the same as version 03a, but it resets the phantom trades every 8 hours, roughly in synch with the 3 major market opening times (Asian, Euro/UK Zone, USA).

03b with pipstep=10 could be the most balanced version (profit-risk), but I canīt find anybody here who test 02ax version (the safest theoretically). I donīt think "cutlosser" of these EA is a good option.

Someone here can make a version from AddSix03b with trailing stop (profit), pipstep and the new graphical view?. Thanks in advance!

Regards
  • #1,372
  • Apr 26, 2011 3:10pm Apr 26, 2011 3:10pm
Hi morepipspls,

Interesting information, but looks a bit outdated. Starting from Phantom 4.0.3 (at least) it actually behaves exactly like Phantom_AddSix_02a, i.e. it opens a trade only if it is the biggest winner of all 14 pairs and belong to the 6 pair hedge. And it is possible in this version (and in the original version AddSix_02a) to open more than one trade in minute 0 (not very likely, only if during this minute price moves in such a way that there will be more than one biggest winner identified).

I'm not interested in making any new/alternative versions at the moment. I think, now it is better to test the existing one thoroughly.

Quoting morepipspls
Hi Mcs,

When you are working in the newest version from Addsix 02a I guess you prefer that one. You can see Pipstep definition by Frazerd here:

http://www.forexfactory.com/showpost.php?p=4237873

And an explanation about all ADDSIXPHANTOMS:

[b][i]Phantom_AddSix EAs Explained
[[i]The basic strategy for all these EAs is to trade a basket of 14 Phantom currency pairs that provide a hedge. These are real time trades, but are not actually traded, thus the name Phantoms. The AddSix EAs only place real trades on 6 of the 14 pairs which also...
  • #1,373
  • Apr 26, 2011 6:18pm Apr 26, 2011 6:18pm
Quoting mcs
Hi morepipspls,

Interesting information, but looks a bit outdated. Starting from Phantom 4.0.3 (at least) it actually behaves exactly like Phantom_AddSix_02a, i.e. it opens a trade only if it is the biggest winner of all 14 pairs and belong to the 6 pair hedge. And it is possible in this version (and in the original version AddSix_02a) to open more than one trade in minute...
Hi Mcs,

Achab has studied very well all the systems in this thread and I have been testing too and 03b it is more profitable. DD must not be very different although I respect your decision and itīs a pity Iīm not a programmer :-).

What do you think about pipstep?

Regards
  • #1,374
  • Apr 27, 2011 1:38am Apr 27, 2011 1:38am
Pipstep as well as an Xfactor is bad, according to my opinion; right now we effectively have AddSix_02a which is already quite slow when it comes down to profit. Any new additions are only going to slow down its performance.
It is already doing quite well, it is already booking some profit every week. You might want to introduce 03 factor, pipstep, x factor - whatever tickles your fancy. You are welcome.
I'm just not playing this game until I feel like I have to do so. When I get fancy, I can introduce another several external variables, like 'play like 03', play like '03b', 'trail whatever', 'x factor everything', 'pipstep stuff', etc.
It is very easy, but it is not my priority.


Quoting morepipspls
Achab has studied very well all the systems in this thread and I have been testing too and 03b it is more profitable. DD must not be very different although I respect your decision and itīs a pity Iīm not a programmer :-).

What do you think about pipstep?
Regards
  • #1,375
  • Edited 3:32am Apr 27, 2011 2:29am | Edited 3:32am
  •  sym
  • Joined Apr 2011 | Status: Working... (too much) :) | 356 Posts
Quoting mcs
What do you mean?


I do not think it is important at the moment. Maybe some time later.


Hi to everybody
I'm demo testing version 5.1 with good results.
Yesterday my basket reached +600 euros (lots 0.1 - 3.000 start capital) with TRAILING STOP but I had to manually close the basket when it retreated to +400 euros.
I also experience some little flaws on the details on the screen. I can't be now more accurate but I'll post the screenshot tomorrow.
Have a great day.

My phantom result: (keep in mind that the first drawdown was caused by some bad experiments not by the EA)

http://www.myfxbook.com/widget?id=10...=1&color=green
--- nothing to say ---
  • #1,376
  • Apr 27, 2011 4:05am Apr 27, 2011 4:05am
My demo is doing well, up +187%.
http://www.myfxbook.com/widgets/105843/large.jpg
  • #1,377
  • Apr 27, 2011 5:50am Apr 27, 2011 5:50am
Quoting TheMaxx
My demo is doing well, up +187%.

What parameters have you used for such breathtaking performance!
"Put all your efforts in becoming effortless"
  • #1,378
  • Apr 27, 2011 7:31am Apr 27, 2011 7:31am
Quoting IamTHAT
What parameters have you used for such breathtaking performance!
MMTU 0.4, PP 10

Now +217% suckas!!!
  • #1,379
  • Apr 27, 2011 8:51am Apr 27, 2011 8:51am
Nice, Pete,

Still your phantom_01 ? almost out of the box setting ?

i also feel that pipstep seems a thing that totally change the trading nature of the EA.

Quoting TheMaxx
MMTU 0.4, PP 10

Now +217% suckas!!!
  • #1,380
  • Apr 27, 2011 9:01am Apr 27, 2011 9:01am
Quoting charvo
Nice, Pete,

Still your phantom_01 ? almost out of the box setting ?

i also feel that pipstep seems a thing that totally change the trading nature of the EA.
Almost out of the box - I cut 1 biggest loser when margin hits 1000.
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