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  • #421
  • Jul 19, 2006 8:18am Jul 19, 2006 8:18am
Quoting tradeigel
well...what a day...booked a few wins this morning. Also, Phoenix did good during the CPI announcement. However, later right after Bernanke's speech, there was one awesome win (60 Pips) and two losses (2x 50 Pips). This time a really tight S/L would have been awesome...However, this normally doesn't work so well. Does anybody use this strategy?

Hendrick, your statement(is your timefilter like always?) looks awesome, how did you do after 16:00 ?
This is what happened. You know I use time-filters. One, is not trading from 15:00 to 16:00 pm. So at 16:00 it opened new trades and then we had the the Bernanke's speech at 16:00. Result: five losing trades at a row! I've noticed that all these news events are at "round times": 8:00, 10:30, 16:00 and so on. So the solution is simple: for the time-filters I have to take minutes in consideration: 16:13 instead of 16:00 for example. Will do this in version 2.3. <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>
  • #422
  • Jul 19, 2006 10:20am Jul 19, 2006 10:20am
Well I have no losses yet because I have a huge stop loss (300 pips). My loating is quite large though (about 360 pips in total). My booked pips is 248 so far.
  • #423
  • Jul 19, 2006 12:04pm Jul 19, 2006 12:04pm
Hi everyone,

I started Phoenix 2.1 after Bernanke gave his speech this morning. I guess it's working because it hasn't entered a trade yet. Question.. when do the SafePipDistanceNOW values update? Also, I'm assuming that if the NOW values are above Your SafePipDistance and Your SafeArea values, then it won't place trades? Does that make sense? Thanks!!


Quoting Yardie
Well I have no losses yet because I have a huge stop loss (300 pips). My loating is quite large though (about 360 pips in total). My booked pips is 248 so far.
  • #424
  • Jul 19, 2006 12:54pm Jul 19, 2006 12:54pm
Yes, I agree with the quote. I've been watching it closely and that seems to be how it's working.

Quoting 4x4tx
Hi everyone, ...Also, I'm assuming that if the NOW values are above Your SafePipDistance and Your SafeArea values, then it won't place trades? Does that make sense? Thanks!!
  • #425
  • Jul 20, 2006 3:26am Jul 20, 2006 3:26am
It looks like there is a small problem with the function subLotSize. I imagine it would not come into play that often but if your account free margin was low then the lot size could come out to bigger than expected.

Take these figures:
account free margin = $990
Lots = 1
Risk = 5
rounduplots = false
account is micro = false

the calculated lot size would be 1.0

Now if your account free margin is $991
the calculated lot size would be 0.1

I checked the higher values and they all come out ok and increase as your account free margin increases. It is just the small ones.

I would remove the Lots extern variable as it is effectivly not used anyway and replace the line:

Inserted Code
if(lotMM < 0.1)  lotMM = Lots;

with

Inserted Code
if(lotMM < 0.1)  lotMM = 0.1;
  • #426
  • Jul 20, 2006 4:37am Jul 20, 2006 4:37am
Geat couple days for Phoenix. In the last two days my v1.1 is 25/2. My v2.1 has closed 17/3 with 5 open trades. Each of the open trades is positive with a float of approx + 500 pips. Looking good.
  • #427
  • Jul 20, 2006 6:02am Jul 20, 2006 6:02am
WOW! That looks really nice. Let's check settings...
You aren't using these crazy 300/30 settings, are you?
And how can you have made +500 on EACH open trade?!

Quoting BenQ
Geat couple days for Phoenix. In the last two days my v1.1 is 25/2. My v2.1 has closed 17/3 with 5 open trades. Each of the open trades is positive with a float of approx + 500 pips. Looking good.
PS: Does anybody have experience with the Vegas methods and/or closing trading according to fib numbers? I don't, so it would be nice of this guy to tell us if there's a possibility to improve Phoenix with it.
  • #428
  • Jul 20, 2006 6:13am Jul 20, 2006 6:13am
No, I didn't mean each open trade is 500. Each open trade is positive -- the total float is/was 500. Using default settings on v2.1

Quoting tradeigel
WOW! That looks really nice. Let's check settings...

You aren't using these crazy 300/30 settings, are you?
And how can you have made +500 on EACH open trade?!



PS: Does anybody have experience with the Vegas methods and/or closing trading according to fib numbers? I don't, so it would be nice of this guy to tell us if there's a possibility to improve Phoenix with it.
  • #429
  • Jul 20, 2006 7:08am Jul 20, 2006 7:08am
I wonder how comes you have so many open trades? I am using Phoenix2.1 as well and had only one trade opened today (and also closed). Settings are default except for the take profit and all that.
  • #430
  • Jul 20, 2006 7:20am Jul 20, 2006 7:20am
Is anyone still testing Hendrick's earlier 55/60 settings or has everyone abandoned it in preference to the 18/42 settings? Just want to know the difference in results.

I'm still live with Firebird and at 11-4 for the week on 3 majors. Pheonix in demo is 15-3 on the same 3 majors.
  • #431
  • Jul 20, 2006 7:21am Jul 20, 2006 7:21am
That is odd. As I write this message, I have 4 open trades in v2.1. Three are in profit and one is about BE. Two of them are within 10 pips of hitting their trailing stop.

Quoting Yardie
I wonder how comes you have so many open trades? I am using Phoenix2.1 as well and had only one trade opened today (and also closed). Settings are default except for the take profit and all that.
  • #432
  • Jul 20, 2006 7:24am Jul 20, 2006 7:24am
I have a version running the 60/55. It produced the results I mentiond in #426.

Quoting AlphaPip
Is anyone still testing Hendrick's earlier 55/60 settings or has everyone abandoned it in preference to the 18/42 settings? Just want to know the difference in results.


I'm still live with Firebird and at 11-4 for the week on 3 majors. Pheonix in demo is 15-3 on the same 3 majors.
  • #433
  • Jul 20, 2006 8:02am Jul 20, 2006 8:02am
Quoting BenQ
I have a version running the 60/55. It produced the results I mentiond in #426.
Did it produce the 25-2 or 17-3 results? In either case, that's great!
  • #434
  • Jul 20, 2006 8:13am Jul 20, 2006 8:13am
BenQ, how did you do after Bernanke's speech? Do you use CloseSignal = TRUE? And you say +500, what is your trading volume?
  • #435
  • Jul 20, 2006 8:21am Jul 20, 2006 8:21am
The 60/55 produced the 17/3. CloseSignal is set to false on that version.

Quoting AlphaPip
Did it produce the 25-2 or 17-3 results? In either case, that's great!
  • #436
  • Jul 20, 2006 8:22am Jul 20, 2006 8:22am
The v1.1 versions did best for me during/after Bernanke.

Quoting tradeigel
BenQ, how did you do after Bernanke's speech? Do you use CloseSignal = TRUE? And you say +500, what is your trading volume?
  • #437
  • Jul 20, 2006 8:46am Jul 20, 2006 8:46am
I started 2 demos on Phoenix v2.1 on July 19 ~16:30 GMT on eur/usd, gbp/usd, usd/jpy, usd/chf, aud/usd, eur/gbp, eur/jpy. $5.000 Demos and MM=true, WantToGamble=true.

1st demo - tp=60, sl=55, ts=18. Same timefilters as Hendirck set to EST.
6 wins - no loses - 1 breakeven. Profit = $279.74. (it should be noted that for the 1st 14 hours, I was only running eur/usd, gbp/usd, usd/jpy, usd/chf)

2nd demo - tp=18, sl=42, ts=0. Same timefilters.
8 wins - no loses. Profit = $305.05

What I find interesting about using the ts is that when it can, it adjusts the sl to a point above the Buy entry point or below the Sell entry point. When successful in doing this by the OrderModify function, it makes sure of profits on that order. On Demo 1 above, the 6 wins consist of 5 sl profits and 1 tp profit. COOL.

Wackena
  • #438
  • Jul 20, 2006 9:13am Jul 20, 2006 9:13am
Hi all, I'm trying to run Pheonix on a new demo acct, but I get a frown face on my chart and an error when it attempts to open orders. Attached are my settings.
Attached File(s)
File Type: txt pheonix_test.txt   < 1 KB | 279 downloads
  • #439
  • Jul 20, 2006 9:18am Jul 20, 2006 9:18am
What is the error message you're getting?

Quoting AlphaPip
Hi all, I'm trying to run Pheonix on a new demo acct, but I get a frown face on my chart and an error when it attempts to open orders. Attached are my settings.
  • #440
  • Jul 20, 2006 9:20am Jul 20, 2006 9:20am
Quoting BenQ
What is the error message you're getting?
Pheonix_EA_v1_1 USDCHF, M15: Error Opening Sell Order: 4109
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