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Phantom 6 System

  • #1,421
  • May 10, 2011 6:11am May 10, 2011 6:11am
Quoting thorn
This should trade every 15 min. Keep in mind it is possible to have more than one biggest phantom winner in the minute the ea trades so you can get a trade in more than one pair.
Many thanks Thorn, this evening I'll try.

Only a little suggestion: rename this new version , e.g. Phantom_01a_TF15 , so will be possible distinguish it from other versions.

Thanks again.

JJ
  • #1,422
  • Edited 8:55am May 10, 2011 7:20am | Edited 8:55am
  •  sym
  • Joined Apr 2011 | Status: Working... (too much) :) | 356 Posts
Quoting thorn
This should trade every 15 min. Keep in mind it is possible to have more than one biggest phantom winner in the minute the ea trades so you can get a trade in more than one pair.
Hi Thorn

I'm forward testing Phantom. For me, sometimes it trades profitably, sometimes not very, because it works based on "time"... I mean after 1 hour it adds a new position or positions (as you teach me).
But I think it would be much better not using time-based open positions but pips open positions.
i.e. when the basket reaches -20 (or -30, or -40) pips, the EA must at once open a new hedge position. If the step-base pips is -20, if/when the basket reaches -40, -60, -80, -80, -100, it goes on opening new hedging position based on the best available (buy or sell) at the moment.
That's in order to avoid to get big D.D.

Could it be a new phantom variation?

Have a nice day
--- nothing to say ---
  • #1,423
  • Edited 3:14pm May 10, 2011 3:00pm | Edited 3:14pm
Quoting thorn
This should trade every 15 min. Keep in mind it is possible to have more than one biggest phantom winner in the minute the ea trades so you can get a trade in more than one pair.
Hi,
the modify works perfectly, each 15 minutes one or two trade are open. But now, the EA doesn't close the basket when PP is achieved. With an equity of 2000 and pp=1, the EA doesn't close with 90€ of profit.

Are there any other function that use the hourly TF and cause conflict with the new modify?

JJ
  • #1,424
  • May 10, 2011 5:58pm May 10, 2011 5:58pm
Quoting jjgengis
Hi,
the modify works perfectly, each 15 minutes one or two trade are open. But now, the EA doesn't close the basket when PP is achieved. With an equity of 2000 and pp=1, the EA doesn't close with 90€ of profit.

Are there any other function that use the hourly TF and cause conflict with the new modify?

JJ
Hard to say without seeing your platform. with 1% PP should have closed at 20 euros right? Did you clear the golbal variables after install of new EA? Sometimes that can mess things up.
  • #1,425
  • May 10, 2011 6:06pm May 10, 2011 6:06pm
Quoting sym
Hi Thorn

I'm forward testing Phantom. For me, sometimes it trades profitably, sometimes not very, because it works based on "time"... I mean after 1 hour it adds a new position or positions (as you teach me).
But I think it would be much better not using time-based open positions but pips open positions.
i.e. when the basket reaches -20 (or -30, or -40) pips, the EA must at once open a new hedge position. If the step-base pips is -20, if/when the basket reaches -40, -60, -80, -80, -100, it goes on opening new hedging position based on the best...
If you want to code it, you can try it. But I wont go there.
Not interested in re-inventing the wheel, if you know what I mean. After 8 months of testing and modifing, Im pretty happy with my phantoms as they stand now. I may test some minor mods and different pairs from here on but thats about it. I feel the basic concept plus my mods is enough for now.
  • #1,426
  • May 11, 2011 1:12am May 11, 2011 1:12am
  •  sym
  • Joined Apr 2011 | Status: Working... (too much) :) | 356 Posts
Quoting thorn
If you want to code it, you can try it. But I wont go there.
Not interested in re-inventing the wheel, if you know what I mean. After 8 months of testing and modifing, Im pretty happy with my phantoms as they stand now. I may test some minor mods and different pairs from here on but thats about it. I feel the basic concept plus my mods is enough for now.
OK, thank you. I wish you success trading with phantom. :-)
But take a look here (open trades):
http://www.myfxbook.com/widget?id=10...=1&color=green
If you change your mind...

I could code a new phantom but I haven't spare time and I'm not as good as you. :-)
Have a nice day.
--- nothing to say ---
  • #1,427
  • May 11, 2011 5:40am May 11, 2011 5:40am
Quoting sym
OK, thank you. I wish you success trading with phantom. :-)
But take a look here (open trades):
http://www.myfxbook.com/widget?id=10...=1&color=green
If you change your mind...

I could code a new phantom but I haven't spare time and I'm not as good as you. :-)
Have a nice day.
Took a look, would guess it has improved some with spike up g/u today. I dont trade that phantom. One thing it looks like you tradng 3k account with .1 trade size. IMO thats way too big trade size for 3k account. Should be trading .01-.02 lots per trade. You can get very good return like you did in april but you have to be prepared for large drawdown also.
  • #1,428
  • May 11, 2011 9:27am May 11, 2011 9:27am
Hello, Thorn:

I've been LIVE for 4 months, on a IBFX mini (1 pip 1 cent) with less than 150$. so it is roughly equivalent to an account with less than 1500$ for a 1 pip 1 dime on 0.01 lot. Since it is 1:50 leverage, i got margin calls like once per month. But margin calls do not hurt the capital badly. I've been hanging around 120~130$ for 2 months now. I did roughly estimate that to trade 0.02 lot safely with US brokers like FXDD, FXCM (0.01 lot, 1pip 1dime), $5000 will be the reasonable capital size.

i ve always used pipstep(or X factor that only add when previous postions are all positive). i found it is really slowing the EA down. On the other hand, my demo (and theMaxx demo) shows base phantom (w/o pipstep, or X factor) trades very quickly and accumulate profit fast. So now I doubt if pipstep and x-factor are valid features.

i'm very interested in your experiences, do you use pipstep or x-factor? if you do, how long could a basket be hanging there? my longest so far is one month of waiting (and it is still opened now). Or do you like pipstep/X factor feature?

by the way, i remember that you use different pair config. but do you manually intervene (cut losers or sth) the EA or only trade some specific hours?

many thanks!

Quoting thorn
After 8 months of testing and modifing, Im pretty happy with my phantoms as they stand now. I may test some minor mods and different pairs from here on but thats about it. I feel the basic concept plus my mods is enough for now.
  • #1,429
  • May 12, 2011 8:54am May 12, 2011 8:54am
Quoting TheMaxx
As previously stated in this thread, it is the Phantom_01.mq4 with extra code to close 1 loser every 12 hours once available margin drops below 1000.
Could you maybe post this Phantom with extra code to close the loser ? thanks
  • #1,430
  • May 12, 2011 5:16pm May 12, 2011 5:16pm
Quoting vanupips
Could you maybe post this Phantom with extra code to close the loser ? thanks
No
  • #1,431
  • May 12, 2011 5:28pm May 12, 2011 5:28pm
Coding bug?

Quoting TheMaxx
Up +357.35% b1tches.

http://www.myfxbook.com/widgets/105843/large.jpg
  • #1,432
  • May 13, 2011 10:58pm May 13, 2011 10:58pm
Looks like burned deposit, not a bug.

By the way, it looks like the market is going crazy nowadays: all my phantom variations are in big drawdown since the beginning of May. And all my other experts (loosely correlated, as I wrongly thought) are in big DDs as well

On my real account for phantom the drawdown was up to 35%. It is a little bit better now, but still not good.

Quoting zznbrm
Coding bug?
  • #1,433
  • May 14, 2011 10:57am May 14, 2011 10:57am
oversizing, mostly.

Quoting zznbrm
Coding bug?
  • #1,434
  • May 15, 2011 12:10am May 15, 2011 12:10am
In my demo testing for Phantom_AddSix_02a, Phantom_4, Phantom_601a,
I think the Phantom_AddSix_02a is the best to gain stable profit, from my observation if you go against the synthetic hedge strategy spirit, it will caused big DD in high rigid market.
  • #1,435
  • May 22, 2011 5:07am May 22, 2011 5:07am
Dear Phantom developers,
I have noticed that my phantom 5.1.1 has made "strange" trades during last week. I usually trade with 0.02 lot size (according to EA settings). But this week there we 2 orders 2.0 lot size made (which is a 100 higher in comparasion with standard lot size i trade).

Was is normally or not for the EA?
  • #1,436
  • May 22, 2011 4:32pm May 22, 2011 4:32pm
Hi vismut,

It is definitely not normal and I've never seen this.
The only strange thing I've seen is that if you change its settings 'on the fly', i.e. without removing it from the chart and putting back with the new settings, it sometimes fail to initialize properly and start reporting crap. I think it is a bug of Metatrader though.

Quoting vismut
Dear Phantom developers,
I have noticed that my phantom 5.1.1 has made "strange" trades during last week. I usually trade with 0.02 lot size (according to EA settings). But this week there we 2 orders 2.0 lot size made (which is a 100 higher in comparasion with standard lot size i trade).

Was is normally or not for the EA?
  • #1,437
  • Jul 17, 2011 6:17pm Jul 17, 2011 6:17pm
Quoting Devonfgu
...
I think the Phantom_AddSix_02a is the best to gain stable profit...
Hi Guys

Haven't read the whole thread yet, but maybe one of You know the answer.

I'm testing the Phantom_AddSix_02a on a 10,000$ demo account and 1:100 leverage.
I'm using the default settings lots 0.1, MMTU 0.3 and PP 0.25. Are these default settings meant to be used on a 1:100 leverage account or not?

So far I've only tested it for a week (last week) and it yielded 5.5% with max floating DD of -10.95%. Lowest margin was 337%.
This DD/Margin level occurred during the 24hr long life of a basket consisting of 19 positions in it's last hour.

What are Your opinion - am I risking a death basket here with these settings?
My goal is of course to avoid that - and play it safe

What are Your experiences with Thorns version evaluating the phantoms every 15 mins?
Any preferred settings for a 10,000$ account, 1:100 leverage?

Any inputs from experienced phantom-traders are appreciated.


Thanks
  • #1,438
  • Aug 1, 2011 2:23pm Aug 1, 2011 2:23pm
Quoting T.Trade
I'm testing the Phantom_AddSix_02a on a 10,000$ demo account and 1:100 leverage.
I'm using the default settings lots 0.1, MMTU 0.3 and PP 0.25.
Hello again

Present gain since July 7th is 16.40% with settings as above.

I've been unsuccessful in changing the lot size. Does anyone have a fix for this?
When I passed a 10% gain on the account I wanted to add 10 % to the lot size (from 0.1 to 0.11) to maintain the efficiency of the EA.
I tried to change the settings in the external parameters with no result. Then I tried to change the default lot size in metaeditor - but it still only trades 0.1 lot sizes.

I tried to hit F3 and delete the global variables (except LargestFloatingLoss, LastFlatBal, LastFlatEq etc.), unfortunately it only caused the trading history to be deleted, and didn't solve the problem.

Any helt will be appreciated.

Cheers
  • #1,439
  • Aug 1, 2011 3:12pm Aug 1, 2011 3:12pm
Quoting T.Trade
Hello again

Present gain since July 7th is 16.40% with settings as above.

I've been unsuccessful in changing the lot size. Does anyone have a fix for this?
When I passed a 10% gain on the account I wanted to add 10 % to the lot size (from 0.1 to 0.11) to maintain the efficiency of the EA.
I tried to change the settings in the external parameters with no result. Then I tried to change the default lot size in metaeditor - but it still only trades 0.1 lot sizes.

I tried to hit F3 and delete the global variables (except LargestFloatingLoss, LastFlatBal,...
Use the setting of "maximum margin to use" and set this at 1.0%

this should scale your lot size for you
  • #1,440
  • Aug 2, 2011 4:09pm Aug 2, 2011 4:09pm
Quoting Nicastro
Use the setting of "maximum margin to use" and set this at 1.0%

this should scale your lot size for you
Thanks Nicastro - Problem solved
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