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  • #141
  • Jul 13, 2006 11:13am Jul 13, 2006 11:13am
If you want to use my settings please be aware that the time-filters are for GMT+2 (these are Local Times). If you are in a differentt time-zone you have to convert these settings. Read the manual or just Google.
  • #142
  • Jul 13, 2006 11:17am Jul 13, 2006 11:17am
My results are still good after two days of testing Phoenix on the 15m for multiple currency pairs. The pair that has caused the biggest loss thus far is GBP/USD which has had 3 wins and 3 losses. My initial thoughts are that this pair either needs a wider stop than the default 42 pips or perhaps it should be traded on a higher time frame like the 30m. Time will tell I suppose. I'm curious to know how others have faired on Cable.

On the other hand, if my suggestion to have the ability to double lot sizes after losses (up to four times) was made available all three losses from cable would've been eliminated and my losses would be nearly zero. I have no idea if this is possible to implement, but if so, it is definitely a feature to consider as Phoenix grows and begins to soar!
  • #143
  • Jul 13, 2006 11:22am Jul 13, 2006 11:22am
this is becoming a great thread.
now - trailing stops. any thoughts on this, as it could help preserve any profits before an unfortunate swing to take out SL?????

I'm trying TP120, SL130.

tarjeel - are you suggesting martingale approach? could blow your account quite quickly if 5 or more trades go against you. lot-stepping would be a safer option. read the hedgehog thread which has a lot on this.
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  • #144
  • Jul 13, 2006 11:26am Jul 13, 2006 11:26am
CoesFX has a desk for minis. They clear through CFG, but have been working on a new relationship in the recent weeks. I have a contact there in that office that I speak to regularly. Their regular accounts are straight through, as is there model, but they're not set up for that yet on minis -- at least as of last week or so. When you login, are you logging in through a CFG server? They may have changed recently, but I kinda doubt it.

Search this forum for coesfx and cfg and you'll see some earlier posts by myself and others to confrim this.


Quoting alsup1955
Have mini acct. they have no desk, trading directly with the bank
  • #145
  • Jul 13, 2006 11:27am Jul 13, 2006 11:27am
Does anybody know what GMT Strategybuilder MT4 is set at? Or would I use my local time zone?
  • #146
  • Jul 13, 2006 11:29am Jul 13, 2006 11:29am
GBPUSD has accounted for most of my losers so far. I think I'll try H1 TF for this pair. I note Hendrick's statement had no cable trades!!

How can you tell from the history which is a surftrade?
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  • #147
  • Jul 13, 2006 11:30am Jul 13, 2006 11:30am
SBFX is GMT +2. If you're talking about setting the tradefrom/tradeuntil, that uses your local time. If you want to convert Hendrick's time to yours, you need to do the conversion.

Quoting hidethereal
Does anybody know what GMT Strategybuilder MT4 is set at? Or would I use my local time zone?
  • #148
  • Jul 13, 2006 11:31am Jul 13, 2006 11:31am
Let’s see if I got this right for Firebird version 2:<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>

<o> </o>

When using MM=true some people get 131 errors because some brokers don’t accept lot-sizes like 0.24. So for those we have to use a RoundUp function that will roundup these lot-sizes to the nearest integer (0.24 gets 0.2. 0.26 gets 0.3 and so on).<o></o>

<o> </o>

There was a bug when using MM=false and WantToGamble=true. In that case lots were calculated by MM although MM was false.<o></o>

<o> </o>

MM is not working as it should for MicroAccounts. I’ve discovered a different piece of code for Money management. It’s based on the idea that after some losses Lots will decrease. I like this.<o></o>

<o> </o>

If using UseSurf=true Surf orders where opened while a Regular order for the same pair in a different direction was still open. Some of you want to have the possibility to close these orders. I will not implement this because I’m not satisfied about the performance of “UseSurf”. I’m working at a different technique to “switch” <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1lace w:st="on"><st1:City w:st="on">Phoenix</st1:City></st1lace> from a counter-trend EA to a Trend-follower EA during a trending/volatile market.<o></o>

<o> </o>

<st1:City w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:City> is doing very well in a ranging market (the best I’ve seen until now). We can two things: prevent <st1:City w:st="on">Phoenix</st1:City> to place trades in a trending market (on the long run, a year or more, <st1:City w:st="on">Phoenix</st1:City> will make money) or to switch <st1:City w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:City> to a trend-follower EA if the market changes from ranging to trending. Please give me some feedback.

If you have any addition, please let me know!
<o> </o>

I will post version 2 of <st1:City w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:City> this weekend. <o></o>

<o> </o>

<o></o>

<o> </o>
  • #149
  • Jul 13, 2006 11:34am Jul 13, 2006 11:34am
Use your Local time. Hendrick is GMT+2, I'm GMT-5, so I subtract 7 from Hendrick's settings. e.g. if Hendrick's Gamble time is 16 to 17, I would put in 9 to 10 for my time zone.



Quoting hidethereal
Does anybody know what GMT Strategybuilder MT4 is set at? Or would I use my local time zone?
  • #150
  • Jul 13, 2006 11:35am Jul 13, 2006 11:35am
Quoting BenQ
SBFX is GMT +2. If you're talking about setting the tradefrom/tradeuntil, that uses your local time. If you want to convert Hendrick's time to yours, you need to do the conversion.
OK, thanks for the help. My local time is GMT -5. So I would just -7 from all of Hendricks times correct?
  • #151
  • Jul 13, 2006 11:36am Jul 13, 2006 11:36am
Well one of the best ways I've found to confirm a trend has been the HAT indicators (see thread). If you could code into phoenix to follow the trend when the bar goes above or below T3 that would change it nicely into a trend-follower.

see the HAT thread.
Attached File(s)
File Type: doc HAT Method.doc   52 KB | 623 downloads
File Type: mq4 T3 MA Nick.mq4   3 KB | 416 downloads
File Type: mq4 Donchian Channels.mq4   3 KB | 353 downloads
TRADE FOR SWAP
  • #152
  • Jul 13, 2006 11:36am Jul 13, 2006 11:36am
Quoting 4x4tx
Use your Local time. Hendrick is GMT+2, I'm GMT-5, so I subtract 7 from Hendrick's settings. e.g. if Hendrick's Gamble time is 16 to 17, I would put in 9 to 10 for my time zone.
LOL, thanks for the explanation. You actually answered my question before I asked it.
  • #153
  • Jul 13, 2006 11:39am Jul 13, 2006 11:39am
this business about timings still isn't clear to me. Are we going by the broker or by local??
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  • #154
  • Jul 13, 2006 11:43am Jul 13, 2006 11:43am
Quoting cgldsmth
this business about timings still isn't clear to me. Are we going by the broker or by local??
I was told to go by your local time zone.
  • #155
  • Jul 13, 2006 11:47am Jul 13, 2006 11:47am
Quoting cgldsmth
Well one of the best ways I've found to confirm a trend has been the HAT indicators (see thread). If you could code into phoenix to follow the trend when the bar goes above or below T3 that would change it nicely into a trend-follower.

see the HAT thread.
Thanks a lot for this. I will look at it.
  • #156
  • Jul 13, 2006 11:51am Jul 13, 2006 11:51am
Quoting Hendrick
Thanks a lot for this. I will look at it.
HAT method also gave a lot of false entry points. It is more of a visual confirmation than an entry/exit signal.
  • #157
  • Edited 12:04pm Jul 13, 2006 11:52am | Edited 12:04pm
Quoting Hendrick
<st1:city w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:city> is doing very well in a ranging market (the best I’ve seen until now). We can two things: prevent <st1:city w:st="on">Phoenix</st1:city> to place trades in a trending market (on the long run, a year or more, <st1:city w:st="on">Phoenix</st1:city> will make money) or to switch <st1:city w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:city> to a trend-follower EA if the market changes from ranging to trending. Please give me some feedback.
<o></o>
Well, why do you say after a year or more, Phoenix will make money? Why would it take so long to make real money?
So when do you think v2 will be available?
And yeah, I have an addition: Could you enable the trade to set TrailingAct & TrailingStep? I think right now it's using TrailingAct = TrailingStep and you call it Trailingstop. In my version, I implemented these two vars. + TrailingStop as boolean - you can toggle if you want TrailingStop.
If you want I can give you some code for this.
And by the way, I really like Tarheel's suggestion to double the traded amount after a loss. I mean, it's really easy to implement (especially in Phoenix) and you can just use a bool to toggle it.
  • #158
  • Jul 13, 2006 12:07pm Jul 13, 2006 12:07pm
hello everybody,

regarding this timezone thingy...

i am using MT4 with interbankfx and the localtime() function used within the PheonixEA does not return my localtime, it returns the server time. isn't this wierd ???

AZBOfin
  • #159
  • Jul 13, 2006 12:07pm Jul 13, 2006 12:07pm
Quoting tradeigel
Well, why do you say after a year or more, Phoenix will make money? Why would it take so long to make real money?
So when do you think v2 will be available?
And yeah, I have an addition: Could you enable the trade to set TrailingAct & TrailingStep? I think right now it's using TrailingAct = TrailingStep and you call it Trailingstop. In my version, I implemented these two vars. + TrailingStop as boolean - you can toggle if you want TrailingStop.
If you want I can give you some code for this.
And by the way, I really like Tarheel's suggestion to double the traded amount after a loss. I mean, it's really easy to implement (especially in Phoenix) and you can just use a bool to toggle it.
If the martingale approach is implemented it should have the option to not use it. People kill accounts using that method.
  • #160
  • Jul 13, 2006 12:17pm Jul 13, 2006 12:17pm
I get the 131 error either way false or true 1, .2 does not matter



Quoting Hendrick
Let’s see if I got this right for Firebird version 2:<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>

<o></o>

When using MM=true some people get 131 errors because some brokers don’t accept lot-sizes like 0.24. So for those we have to use a RoundUp function that will roundup these lot-sizes to the nearest integer (0.24 gets 0.2. 0.26 gets 0.3 and so on).<o></o>

<o></o>

There was a bug when using MM=false and WantToGamble=true. In that case lots were calculated by MM although MM was false.<o></o>

<o></o>

MM is not working as it should for MicroAccounts. I’ve discovered a different piece of code for Money management. It’s based on the idea that after some losses Lots will decrease. I like this.<o></o>

<o></o>

If using UseSurf=true Surf orders where opened while a Regular order for the same pair in a different direction was still open. Some of you want to have the possibility to close these orders. I will not implement this because I’m not satisfied about the performance of “UseSurf”. I’m working at a different technique to “switch” <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1lace w:st="on"><st1:City w:st="on">Phoenix</st1:City></st1lace> from a counter-trend EA to a Trend-follower EA during a trending/volatile market.<o></o>

<o></o>

<st1:City w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:City> is doing very well in a ranging market (the best I’ve seen until now). We can two things: prevent <st1:City w:st="on">Phoenix</st1:City> to place trades in a trending market (on the long run, a year or more, <st1:City w:st="on">Phoenix</st1:City> will make money) or to switch <st1:City w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:City> to a trend-follower EA if the market changes from ranging to trending. Please give me some feedback.

If you have any addition, please let me know!
<o></o>

I will post version 2 of <st1:City w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:City> this weekend. <o></o>

<o></o>

<o></o>

<o></o>
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