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  • #501
  • Jul 24, 2006 9:05am Jul 24, 2006 9:05am
Thanks! I turned off MM because it gave me 131 error. I will try changing the lots to 0.5 or 0.1. It's set to 24 hours because I want to find the good trading time. It proved that the default trading time slots are good.

Quoting kihl
Thanks for sharing your information
Is this your only forward testing?
This is your setting:

MA_Length=10
MA_Timeframe=15
Lots=1.00000000
MM=0
RoundupLots=1
AccountIsMicro=0
UseSafePips=1
SafePipsMinutes=240
SafePipsDistance=60
Percent=0.05000000
UseSafeArea=1
SafeArea=40.00000000
Risk=5
TakeProfit=60
StopLoss=55
TrailingStop=18
UseCloseSignal=1
TradeFrom1=0
TradeUntil1=24
TradeFrom2=0
TradeUntil2=0
TradeFrom3=0
TradeUntil3=0
TradeFrom4=0
TradeUntil4=0
WantToGamble=0
GambleFrom=10
GambleUntil=11
GambleFactor=2
P_EMA_Long=120
P_EMA_Short=12
P_EMA_TimeFrame=15
P_EMA_Method=3
P_EMA_Price=5

As I see in your statement and settings. Your money management is disabled, you are trading 24 hours straight and trading 1 lot for a 5k account. These are possible factors that affects negatively your testing.
My recommendations:
1. Turn on your Moneymanagement feature and trade at most 5% of your account for each trade.
2. Dont trade 24 hours. Its statiscally proven that at certain hours you have more risk of losing trades. More trades doesnt means more profit. Try the default settings of Phoenix 2.1
3. You are trading 1 lot, 20% percent of your account, you can gain more but you can also lose more.

Here is the default settings of Phoenix 2.1

Phoenix 2.1
MA_Length=10
MA_Timeframe=15
Lots=1.00000000
MM=1
RoundupLots=0
AccountIsMicro=0
UseSafePips=1
SafePipsMinutes=240
SafePipsDistance=60
Percent=0.05000000
UseSafeArea=1
SafeArea=40.00000000
Risk=5
TakeProfit=60
StopLoss=55
TrailingStop=18
UseCloseSignal=0
TradeFrom1=8
TradeUntil1=12
TradeFrom2=13
TradeUntil2=15
TradeFrom3=16
TradeUntil3=18
TradeFrom4=19
TradeUntil4=21
WantToGamble=1
GambleFrom=16
GambleUntil=17
GambleFactor=2
P_EMA_Long=120
P_EMA_Short=12
P_EMA_TimeFrame=15
P_EMA_Method=3
P_EMA_Price=5

You can try different settings with different combinations of TP, SL, Wanttogamble, TS, etc.
But dont turn off the MM and stick to the default trading time.
Hope this can help the community trying different settings for the best results.
  • #502
  • Jul 24, 2006 3:21pm Jul 24, 2006 3:21pm
It would be nice after a while to have a sort-of finalized settings list of parameters that have been found to consistenly give positive results. I know it's tough for me to keep track of who's running which test, which version EA, which pairs, 24 hr vs default trade times, SL, TP, and TS.


From what I gather now, it is better to leave the default trading times in place (modified for your own time zone) rather than having it run 24/7? Does that seem to be the general concensus?

Thanks. I really appreciate this forum, Hendrick's hard work on this excellent EA, and everybody's willingness to share their successes, as well as share their losers too.
  • #503
  • Jul 24, 2006 4:35pm Jul 24, 2006 4:35pm
Yeah, it's better to use the time settings. However, the pretty much best settings are always the most recent one which were issued together with the EA by Hendrick. I would test it anyways and get your own understanding of the best settings according to your trading style.

Quoting 4x4tx
It would be nice after a while to have a sort-of finalized settings list of parameters that have been found to consistenly give positive results. I know it's tough for me to keep track of who's running which test, which version EA, which pairs, 24 hr vs default trade times, SL, TP, and TS.


From what I gather now, it is better to leave the default trading times in place (modified for your own time zone) rather than having it run 24/7? Does that seem to be the general concensus?

Thanks. I really appreciate this forum, Hendrick's hard work on this excellent EA, and everybody's willingness to share their successes, as well as share their losers too.
  • #504
  • Jul 24, 2006 5:14pm Jul 24, 2006 5:14pm
I have not been able to use the EA properly since July 19th. I am not sure what is wrong...even version2 is not working. I have sorted of given up now but Tradeigel is trying to help me out. Baffling.
  • #505
  • Jul 24, 2006 5:33pm Jul 24, 2006 5:33pm
Yardie, maybe the version you have somehow got corrupted. Maybe try deleting it and downloading a fresh version -- just thinking out loud here.

Quoting Yardie
I have not been able to use the EA properly since July 19th. I am not sure what is wrong...even version2 is not working. I have sorted of given up now but Tradeigel is trying to help me out. Baffling.
  • #506
  • Jul 24, 2006 5:39pm Jul 24, 2006 5:39pm
Quoting Yardie
I have not been able to use the EA properly since July 19th. I am not sure what is wrong...even version2 is not working. I have sorted of given up now but Tradeigel is trying to help me out. Baffling.
Check you bar history for gaps on all timeframes. MT4 might have lost the plot. (corrupt .hst files)

Mono
Mono
  • #507
  • Jul 24, 2006 6:26pm Jul 24, 2006 6:26pm
How do I do this? Please tell me what I need to do step by step thanks.

Benq already tried deleting and installing fresh copy no dice. Still one GBPUSD trade per day hehe.. and today it opened up one USDCAD pair.


Quoting mono
Check you bar history for gaps on all timeframes. MT4 might have lost the plot. (corrupt .hst files)

Mono
  • #508
  • Jul 24, 2006 6:34pm Jul 24, 2006 6:34pm
So you installed a fresh copy of your MT4 platform. Cool. This is all stuff you probably did already, but what I like to do is to copy Hendrick's setting file into the \experts\preset subdirectory. Then I open up a new chart, attach the Phoenix EA, click on Load, select the settings file, then click OK. I do this for each pair's chart I want to trade. Make sure Live Trade is checked for each chart and Expert Advisor is enabled for the system. You should see your smiley face in the upper corner of each chart. By loading the setting file for each pair, I'm assured of getting the same value for each parameter. Hope this helps!



Quoting Yardie
How do I do this? Please tell me what I need to do step by step thanks.

Benq already tried deleting and installing fresh copy no dice. Still one GBPUSD trade per day hehe.. and today it opened up one USDCAD pair.
  • #509
  • Jul 24, 2006 6:37pm Jul 24, 2006 6:37pm
Yes, 4x, but unless you're in GMT +2 remember to change your times if you're using his exact settings. Also, making a template might save you a bit of time as well.

Quoting 4x4tx
So you installed a fresh copy of your MT4 platform. Cool. This is all stuff you probably did already, but what I like to do is to copy Hendrick's setting file into the \experts\preset subdirectory. Then I open up a new chart, attach the Phoenix EA, click on Load, select the settings file, then click OK. I do this for each pair's chart I want to trade. Make sure Live Trade is checked for each chart and Expert Advisor is enabled for the system. You should see your smiley face in the upper corner of each chart. By loading the setting file for each pair, I'm assured of getting the same value for each parameter. Hope this helps!
  • #510
  • Jul 24, 2006 6:48pm Jul 24, 2006 6:48pm
Yes Ben, I forgot to mention that, thanks!. I never tried making a template. That would be for loading EA's as well as whatever indicators you want to attach, right? Anything else that can be done with a template?



Quoting BenQ
Yes, 4x, but unless you're in GMT +2 remember to change your times if you're using his exact settings. Also, making a template might save you a bit of time as well.
  • #511
  • Jul 24, 2006 6:54pm Jul 24, 2006 6:54pm
Ok, got a newbie question.. When I look at a chart with Phoenix 2.1 running on it, I see in the upper left a value called AdMA? What moving average is it, and what is the value telling me? Right now, looking at the gbp/usd, the AdMA value is 1.6505 (on the M15 chart, btw).
  • #512
  • Jul 24, 2006 7:12pm Jul 24, 2006 7:12pm
Yes, templates are the best. Just set up one chart exactly like you want it -- EA, settings, indicators, candlesticks whatever. Once it's like you want it, click the templates button, save template, and then name it. Then open another chart, click the template button and scroll down to whatever you saved it as. Viola -- you have a new chart just like the first. Just continue to open as many charts as you want and load the template. You can save multiple templates with variations in the settings as long as you name it something else. Makes it easy.

Quoting 4x4tx
Yes Ben, I forgot to mention that, thanks!. I never tried making a template. That would be for loading EA's as well as whatever indicators you want to attach, right? Anything else that can be done with a template?
  • #513
  • Jul 24, 2006 7:34pm Jul 24, 2006 7:34pm
Sweeeet.. I had no idea you could save so much info on a chart with a template. Thanks for the info!!



Quoting BenQ
Yes, templates are the best. Just set up one chart exactly like you want it -- EA, settings, indicators, candlesticks whatever. Once it's like you want it, click the templates button, save template, and then name it. Then open another chart, click the template button and scroll down to whatever you saved it as. Viola -- you have a new chart just like the first. Just continue to open as many charts as you want and load the template. You can save multiple templates with variations in the settings as long as you name it something else. Makes it easy.
  • #514
  • Jul 24, 2006 8:00pm Jul 24, 2006 8:00pm
Alright guys I removed StrategybuilderFX completely from my computer and reinstalled a fresh copy as well as a fresh copy of Phoenix2.1 -- everything is activated. Wish me luck.
  • #515
  • Jul 25, 2006 6:18am Jul 25, 2006 6:18am
Alright Yardie, that's probably gonna do it. If you want you can post your settings, too so we can look if everything's alright.
And please don't become desperate.

Quoting Yardie
Alright guys I removed StrategybuilderFX completely from my computer and reinstalled a fresh copy as well as a fresh copy of Phoenix2.1 -- everything is activated. Wish me luck.

BTW guys, Phoenix is doing awesome right now...Started a new demo with only Phoenix v2.1 07/20/06. Always traded 0.2 lots on 4 pairs @ M15 => 433 $ profit. wins-losses: 20-1 with TrailingStop set to 18 and S/L to 55.
Sounds pretty nice, right? These days are good for Phoenix, unfortunately, there are different market conditions sometimes...
  • #516
  • Jul 25, 2006 7:25am Jul 25, 2006 7:25am
Which pairs, and you trading Hendrick's time filters or 24 hours?

Quoting tradeigel
BTW guys, Phoenix is doing awesome right now...Started a new demo with only Phoenix v2.1 07/20/06. Always traded 0.2 lots on 4 pairs @ M15 => 433 $ profit. wins-losses: 20-1 with TrailingStop set to 18 and S/L to 55.

Sounds pretty nice, right? These days are good for Phoenix, unfortunately, there are different market conditions sometimes...
  • #517
  • Jul 25, 2006 7:34am Jul 25, 2006 7:34am
Well, I am trading EUR/USD, USD/JPY, GBP/USD, EUR/CHF using my own time filter (that is, instead of the last TIMEUNTIL=21, I use TIMEUNTIL=22). Backtesting shows that the timefilter is very important.

Quoting BenQ
Which pairs, and you trading Hendrick's time filters or 24 hours?
  • #518
  • Jul 25, 2006 7:43am Jul 25, 2006 7:43am
Tradeigel,

You're GMT+2 also, aren't you?


Quoting tradeigel
Well, I am trading EUR/USD, USD/JPY, GBP/USD, EUR/CHF using my own time filter (that is, instead of the last TIMEUNTIL=21, I use TIMEUNTIL=22). Backtesting shows that the timefilter is very important.
  • #519
  • Jul 25, 2006 8:24am Jul 25, 2006 8:24am
Phoenix2.1 is still not working for me . Could the server be the problem? There is nothing in the Journak to indicate that there is a problem.



Quoting tradeigel
Alright Yardie, that's probably gonna do it. If you want you can post your settings, too so we can look if everything's alright.
And please don't become desperate.




BTW guys, Phoenix is doing awesome right now...Started a new demo with only Phoenix v2.1 07/20/06. Always traded 0.2 lots on 4 pairs @ M15 => 433 $ profit. wins-losses: 20-1 with TrailingStop set to 18 and S/L to 55.
Sounds pretty nice, right? These days are good for Phoenix, unfortunately, there are different market conditions sometimes...
  • #520
  • Jul 25, 2006 8:36am Jul 25, 2006 8:36am
I'm stumped with your case, Yardie. I'm on SBFX and v2.1 opened 6 trades today so far.

Quoting Yardie
Phoenix2.1 is still not working for me . Could the server be the problem? There is nothing in the Journak to indicate that there is a problem.
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