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Phantom 6 System

  • #1,501
  • Dec 5, 2011 5:00pm Dec 5, 2011 5:00pm
Quoting achab
Hi Charvo,

and good morning. If you mean about this test (http://www.mt4i.com/users/achab-Phantom6_01x/stats) I can't say it has been a negative test.

In my personal opinion if the test is able to double the account it is a winner. If I had it in real, for sure I had withdrawal the capital after it doubled, or before.

Let me make an example: I trade because I want to earn $1,000 per month. In this case any month I would use to withdrawal $1000 and in the test above here I'd earn a lot of money, before it collapsed.

Don't you...
Hi achab,

The problem is that we donīt know when it is going to be collapsed. Maybe we should look for settings that it can survive a long time, (years, decades,centuries....)

Good night
  • #1,502
  • Dec 6, 2011 1:14am Dec 6, 2011 1:14am
Indeed. I heard about people who trade exactly like this - they take some EA (usually some Martingale variation), put it on live account and put the money it wins aside (ideally it should be done daily, but depends on the EA). When the EA blows the account, they reinstate the account with the money it won and transfer any excess funds to their bank accounts.
I, however, suspect that most of them are not making much money out of it. Maybe, if they have really good intuition and feel that 'black swan' is coming...
Anyway, it still comes down to trader's discretion which has already been mentioned as something that this EA really needs.

Quoting morepipspls
Hi achab,

The problem is that we donīt know when it is going to be collapsed. Maybe we should look for settings that it can survive a long time, (years, decades,centuries....)

Good night
  • #1,503
  • Mar 23, 2012 2:57pm Mar 23, 2012 2:57pm
Quoting achab
Hello to everyone,

I would like to read Bob's point of view, on this. Bob (MetaCoder) seems to be disappeared: does someone know where he is?

I wish you all a profitable week.

May the pips be with you.
/achab

Hello Achab wanted to ask you if you managed to get news of metacode
thanks
  • #1,504
  • Mar 26, 2012 5:59am Mar 26, 2012 5:59am
Quoting maxmax61
Hello Achab wanted to ask you if you managed to get news of metacode
thanks
Hello to you too.

Nope, unfortunately I still miss news about him. The "Phantom" project seems definitively closed.

By the way, if you will have any kind of news, let me know about him here, please.

I wish you a nice day.
/achab
  • #1,505
  • Mar 31, 2012 7:58am Mar 31, 2012 7:58am
Ahab Hello, I tried to read everything and I'm trying to demo the two versions Addsix-02a and-03b laAddsix for now with good results, as your commitment to this project and the many versions of Phantom wanted to ask you which version you think is the more balanced

(I also downloaded your version, but I have yet to try)

thanks
  • #1,506
  • May 8, 2013 3:35pm May 8, 2013 3:35pm
Hi,

I have abandoned these EAs, they have an inconvenient risk/gain ratio, IMHO.

What about you?

May the green pips always be with us.
/achab
  • #1,507
  • Sep 3, 2013 1:01pm Sep 3, 2013 1:01pm
Incorrectly applying one lot size to all pairs was one of the problems here.

I've worked out how to calculate correct lot sizes.


Group 1, The Phantom Buys (recent exchange rates shown)
1. GBPUSD 1.55419
2. USDCHF 0.93622
3. EURJPY 130.864

Which is:
Buy GBP
Buy USD
Buy EUR
Sell USD
Sell CHF
Sell JPY

Group 2, The Phantom Sells (recent exchange rates shown)
4. GBPCHF 1.45519
5. CHFJPY 106.154
6. EURCHF 1.23250

Which is:
Sell GBP
Sell CHF
Sell EUR
Buy CHF
Buy JPY
Buy CHF

* Here the Sell CHF and one of the Buy CHF's cancel out; lot sizes
must be right. The remaining Buy CHF offsets the Sell CHF in the
Phantom Buys; lot sizes must be right!


Since CHF occurs 4 times, let us calculate lot sizes for the currency pairs in this order:
(First set 0.03 as an example lot size for the very common CHF.)

Sell CHFJPY 106.154 -- 0.03 * 106.154 = JPY 3.18462
Sell GBPCHF 1.45519 -- 0.03 / 1.45519 = GBP 0.0206158645950013
Buy USDCHF 0.93622 -- 0.03 / 0.93622 = USD 0.0320437504005469
Sell EURCHF 1.23250 -- 0.03 / 1.23250 = EUR 0.0243407707910751
Buy GBPUSD 1.55419 -- 0.02 * 1.55419 = USD 0.0310838
Buy EURJPY 130.864 -- 0.02 * 130.864 = JPY 2.61728

Here are the key calculations:
Assume CHF if the calculated desired lot size (0.03 in this example).
Sell GBPCHF 1.45519 -- 0.03 / 1.45519 = GBP 0.0206158645950013, round to 0.02
Buy USDCHF 0.93622 -- 0.03 / 0.93622 = USD 0.0320437504005469, round to 0.03
Sell EURCHF 1.23250 -- 0.03 / 1.23250 = EUR 0.0243407707910751, round to 0.02

Therefore:
Buy GBPUSD 0.02 lots
Buy USDCHF 0.03 lots
Buy EURJPY 0.02 lots
Sell GBPCHF 0.02 lots
Sell CHFJPY 0.03 lots
Sell EURCHF 0.02 lots
Open to new approaches.
  • #1,508
  • Sep 4, 2013 4:34am Sep 4, 2013 4:34am
Excellent!!! Can you correct the code? If you could post a corrected version, I could apply that to my favourite Phantom mod.
  • #1,509
  • Sep 4, 2013 2:10pm Sep 4, 2013 2:10pm
Max, yes, I can correct the code, except I would change more than just the lot sizes.

My next version of Phantom6 would probably just add real trades when all pairs in the phantom trades align on opposite sides (buy vs sell, profitable vs unprofitable). The phantom trades would be reset immediately after opening each real trade, waiting for the next positive/negative alignment before opening another trade.

For now, trying substituting your SetLotSize function with this code:

void SetLotSizes()
{
Investment = MaxMarginToUse / 100.0;

// The symbol the EA is attached to is used for the purpose of MODE_LOTSIZE
UseLots = valLastFlatEq * Investment * (Leverage / MarketInfo(Symbol(), MODE_LOTSIZE));
UseLots = StrToDouble(DoubleToStr(UseLots/LotStep,0))*LotStep;
UseLots = StrToDouble(DoubleToStr(UseLots,2));

if (UseSmallestLot || UseLots < MinLots) UseLots = MinLots; if (UseLots > MaxLots) UseLots = MaxLots;
GBPCHFLots = UseLots / MarketInfo(GBPCHFsym, MODE_BID);
GBPCHFLots = StrToDouble(DoubleToStr(GBPCHFLots/LotStep,0))*LotStep;
GBPCHFLots = StrToDouble(DoubleToStr(GBPCHFLots,2));

if (UseSmallestLot || GBPCHFLots < MinLots) GBPCHFLots = MinLots; if (GBPCHFLots > MaxLots) GBPCHFLots = MaxLots;

USDCHFLots = UseLots / MarketInfo(USDCHFsym, MODE_BID);
USDCHFLots = StrToDouble(DoubleToStr(USDCHFLots/LotStep,0))*LotStep;
USDCHFLots = StrToDouble(DoubleToStr(USDCHFLots,2));

if (UseSmallestLot || USDCHFLots < MinLots) USDCHFLots = MinLots; if (USDCHFLots > MaxLots) USDCHFLots = MaxLots;

EURCHFLots = UseLots / MarketInfo(EURCHFsym, MODE_BID);
EURCHFLots = StrToDouble(DoubleToStr(EURCHFLots/LotStep,0))*LotStep;
EURCHFLots = StrToDouble(DoubleToStr(EURCHFLots,2));

if (UseSmallestLot || EURCHFLots < MinLots) EURCHFLots = MinLots; if (EURCHFLots > MaxLots) EURCHFLots = MaxLots;

GBPUSDLots = GBPCHFLots;
EURJPYLots = EURCHFLots;
CHFJPYLots = UseLots;

return(0);
}
Open to new approaches.
  • #1,510
  • Edited 11:32am Sep 5, 2013 5:45am | Edited 11:32am
Sweet thanks! Also now following your Reverse6 and Trim6 threads - thanks for your continued support of this system!
  • #1,511
  • Sep 5, 2013 10:43am Sep 5, 2013 10:43am
Quoting TheMaxx
Sweet thanks! Also now following your Reverse6 and Trim6 threads - thanks for your continued support of this system! {file}
You're welcome. I think it'll be more enjoyable this time around.
Open to new approaches.
  • #1,512
  • Sep 5, 2013 10:46am Sep 5, 2013 10:46am
Quoting MetaCoder
{quote} You're welcome. I think it'll be more enjoyable this time around.
Excellent. This weekend I'll set up a new VPS and start posting results.
  • #1,513
  • Sep 5, 2013 10:49am Sep 5, 2013 10:49am
Do be sure to download the latest versions of the EAs; just recently removed the unwanted restriction on trimming/reversing from both EAs.
Open to new approaches.
  • #1,514
  • Sep 5, 2013 11:13am Sep 5, 2013 11:13am
Hi Bob,

nice to meet you here again. What did you do in this long period?

Best regards.
/achab
  • #1,515
  • Sep 5, 2013 11:25am Sep 5, 2013 11:25am
Quoting TheMaxx
Sweet thanks! Also now following your Reverse6 and Trim6 threads - thanks for your continued support of this system! {file}
Hi.

Here you have the errors I get while trying to compile:
Inserted Code
'GBPCHFLots' - variable not defined C:Program Files (x86)Alpari NZ MT4expertsPhantom6_01_MC_SetLotSize.mq4 (485, 1)
'GBPCHFLots' - variable not defined C:Program Files (x86)Alpari NZ MT4expertsPhantom6_01_MC_SetLotSize.mq4 (486, 1)
'GBPCHFLots' - variable not defined C:Program Files (x86)Alpari NZ MT4expertsPhantom6_01_MC_SetLotSize.mq4 (486, 38)
'GBPCHFLots' - variable not defined C:Program Files (x86)Alpari NZ MT4expertsPhantom6_01_MC_SetLotSize.mq4 (487, 1)
'GBPCHFLots' - variable not defined C:Program Files (x86)Alpari NZ MT4expertsPhantom6_01_MC_SetLotSize.mq4 (487, 38)
'GBPCHFLots' - variable not defined C:Program Files (x86)Alpari NZ MT4expertsPhantom6_01_MC_SetLotSize.mq4 (489, 23)
'GBPCHFLots' - variable not defined C:Program Files (x86)Alpari NZ MT4expertsPhantom6_01_MC_SetLotSize.mq4 (489, 45)
'GBPCHFLots' - variable not defined C:Program Files (x86)Alpari NZ MT4expertsPhantom6_01_MC_SetLotSize.mq4 (489, 71)
'GBPCHFLots' - variable not defined C:Program Files (x86)Alpari NZ MT4expertsPhantom6_01_MC_SetLotSize.mq4 (489, 93)
'USDCHFLots' - variable not defined C:Program Files (x86)Alpari NZ MT4expertsPhantom6_01_MC_SetLotSize.mq4 (491, 1)
'USDCHFLots' - variable not defined C:Program Files (x86)Alpari NZ MT4expertsPhantom6_01_MC_SetLotSize.mq4 (492, 1)
'USDCHFLots' - variable not defined C:Program Files (x86)Alpari NZ MT4expertsPhantom6_01_MC_SetLotSize.mq4 (492, 38)
'USDCHFLots' - variable not defined C:Program Files (x86)Alpari NZ MT4expertsPhantom6_01_MC_SetLotSize.mq4 (493, 1)
'USDCHFLots' - variable not defined C:Program Files (x86)Alpari NZ MT4expertsPhantom6_01_MC_SetLotSize.mq4 (493, 38)
'USDCHFLots' - variable not defined C:Program Files (x86)Alpari NZ MT4expertsPhantom6_01_MC_SetLotSize.mq4 (495, 23)
'USDCHFLots' - variable not defined C:Program Files (x86)Alpari NZ MT4expertsPhantom6_01_MC_SetLotSize.mq4 (495, 45)
'USDCHFLots' - variable not defined C:Program Files (x86)Alpari NZ MT4expertsPhantom6_01_MC_SetLotSize.mq4 (495, 71)
'USDCHFLots' - variable not defined C:Program Files (x86)Alpari NZ MT4expertsPhantom6_01_MC_SetLotSize.mq4 (495, 93)
'EURCHFLots' - variable not defined C:Program Files (x86)Alpari NZ MT4expertsPhantom6_01_MC_SetLotSize.mq4 (497, 1)
'EURCHFLots' - variable not defined C:Program Files (x86)Alpari NZ MT4expertsPhantom6_01_MC_SetLotSize.mq4 (498, 1)
'EURCHFLots' - variable not defined C:Program Files (x86)Alpari NZ MT4expertsPhantom6_01_MC_SetLotSize.mq4 (498, 38)
'EURCHFLots' - variable not defined C:Program Files (x86)Alpari NZ MT4expertsPhantom6_01_MC_SetLotSize.mq4 (499, 1)
'EURCHFLots' - variable not defined C:Program Files (x86)Alpari NZ MT4expertsPhantom6_01_MC_SetLotSize.mq4 (499, 38)
'EURCHFLots' - variable not defined C:Program Files (x86)Alpari NZ MT4expertsPhantom6_01_MC_SetLotSize.mq4 (501, 23)
'EURCHFLots' - variable not defined C:Program Files (x86)Alpari NZ MT4expertsPhantom6_01_MC_SetLotSize.mq4 (501, 45)
'EURCHFLots' - variable not defined C:Program Files (x86)Alpari NZ MT4expertsPhantom6_01_MC_SetLotSize.mq4 (501, 71)
'EURCHFLots' - variable not defined C:Program Files (x86)Alpari NZ MT4expertsPhantom6_01_MC_SetLotSize.mq4 (501, 93)
'GBPUSDLots' - variable not defined C:Program Files (x86)Alpari NZ MT4expertsPhantom6_01_MC_SetLotSize.mq4 (503, 1)
'GBPCHFLots' - variable not defined C:Program Files (x86)Alpari NZ MT4expertsPhantom6_01_MC_SetLotSize.mq4 (503, 14)
'EURJPYLots' - variable not defined C:Program Files (x86)Alpari NZ MT4expertsPhantom6_01_MC_SetLotSize.mq4 (504, 1)
'EURCHFLots' - variable not defined C:Program Files (x86)Alpari NZ MT4expertsPhantom6_01_MC_SetLotSize.mq4 (504, 14)
'CHFJPYLots' - variable not defined C:Program Files (x86)Alpari NZ MT4expertsPhantom6_01_MC_SetLotSize.mq4 (505, 1)
32 errore(i), 0 avvertimento(i)

Best regards.
/achab
  • #1,516
  • Sep 5, 2013 11:34am Sep 5, 2013 11:34am
Quoting achab
{quote} Hi. Here you have the errors I get while trying to compile: 'GBPCHFLots' - variable not defined Crogram Files (x86)Alpari NZ MT4expertsPhantom6_01_MC_SetLotSize.mq4 (485, 1) 'GBPCHFLots' - variable not defined Crogram Files (x86)Alpari NZ MT4expertsPhantom6_01_MC_SetLotSize.mq4 (486, 1) 'GBPCHFLots' - variable not defined Crogram Files (x86)Alpari NZ
Best regards. /achab
My bad - try the attached - I think I've fixed it but I'm at work without access to MT4 so can't check.
Attached File(s)
File Type: mq4 Phantom6_01_MC_SetLotSize.mq4   34 KB | 634 downloads
  • #1,517
  • Sep 5, 2013 11:35am Sep 5, 2013 11:35am
achab, you could copy-and-paste from the Reverse6 or Trim6 EA the declarations of the variables your compilation is showing as undefined.

Here is the line where all lot-related variables are declared:

double UseLots, TempUseLots, GBPUSDLots, USDCHFLots, EURJPYLots, GBPCHFLots, CHFJPYLots, EURCHFLots, TotalLots, BuyLots, SellLots;
Open to new approaches.
  • #1,518
  • Sep 5, 2013 11:38am Sep 5, 2013 11:38am
Quoting achab
Hi Bob, nice to meet you here again. What did you do in this long period? Best regards. /achab
I got involved in a couple of hobbies pretty deeply. Work got more busy too. The break gave me a chance to let go of thinking about EAs and forex strategies, but some things still kicked around in the back of my mind and I'm glad I at least got more serious about tailored lot sizing for each pair in the hedge basket. That's a big key that I simply ignored in favor of implementing a lot of variations on tactics. Have to step back from time to time!
Open to new approaches.
  • #1,519
  • Sep 5, 2013 11:58am Sep 5, 2013 11:58am
Quoting matrixebiz
{quote} Ah, read the Basket 14 thread again. I get it Doesn't work out to well due to currency weight on JPY compared to CHF are different but will test and see how things go. Thanks
You were correct, Mr. matrixebiz!
Open to new approaches.
  • #1,520
  • Sep 5, 2013 2:36pm Sep 5, 2013 2:36pm
Quoting TheMaxx
{quote} My bad - try the attached - I think I've fixed it but I'm at work without access to MT4 so can't check. {file}
Hi maxx. Is this the latest version of the EA ?
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