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Phoenix is here!

  • #601
  • Aug 27, 2006 6:41am Aug 27, 2006 6:41am
Well I just installed winzip and hope it work. The winrar doesn't work except winzip.
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File Type: zip DetailedStatement.zip   3 KB | 361 downloads
  • #602
  • Aug 28, 2006 8:29am Aug 28, 2006 8:29am
From Hendrick :

"As I said before it needs to be tweaked every 1 to 2 weeks."

Some folks may see this as not a real EA if it has to be fine-tuned every once in a while via human intervention. But, I beg to differ. Because market conditions are always changing with news releases, terror threats (the new news?), or a number of other different 'situations', I don't think any automated trading program will be able to adapt on its own...I take that back, I know of some neural's out there but that is a different subject. Traders, the humans, have to learn from their trading systems, EA's, as well. I believe that is what Hendrick is going through right now with v3.0; learning what it is doing and listening to what it is telling him. Additionally, having to alter a few inputs or parameters every once in a while keeps us in touch with things; the human factor. Think about it, if we let an EA run 100% on its own with no intervention....are we still traders or are we just really playing a slot machine? When Hendrick feels that the time is right for v3.0 to be released we will all be back at square one. Time to relearn what we have learned already and let the EA be the teacher....

Hendrick, it looks as if Hurricane Ernesto is going to miss us here on the beach...That being the case, the ice that was going to be in the cooler to store food is now going back in the blender and the gas the was going to power the generator will be fueling the grill, the key is still under the mat!

On to battle!!!!!!!!!
  • #603
  • Aug 28, 2006 11:42am Aug 28, 2006 11:42am
Quoting Palmer
From Hendrick :

"As I said before it needs to be tweaked every 1 to 2 weeks."

Some folks may see this as not a real EA if it has to be fine-tuned every once in a while via human intervention. But, I beg to differ. Because market conditions are always changing with news releases, terror threats (the new news?), or a number of other different 'situations', I don't think any automated trading program will be able to adapt on its own...I take that back, I know of some neural's out there but that is a different subject. Traders, the humans, have to learn from their trading systems, EA's, as well. I believe that is what Hendrick is going through right now with v3.0; learning what it is doing and listening to what it is telling him. Additionally, having to alter a few inputs or parameters every once in a while keeps us in touch with things; the human factor. Think about it, if we let an EA run 100% on its own with no intervention....are we still traders or are we just really playing a slot machine? When Hendrick feels that the time is right for v3.0 to be released we will all be back at square one. Time to relearn what we have learned already and let the EA be the teacher....

Hendrick, it looks as if Hurricane Ernesto is going to miss us here on the beach...That being the case, the ice that was going to be in the cooler to store food is now going back in the blender and the gas the was going to power the generator will be fueling the grill, the key is still under the mat!

On to battle!!!!!!!!!
Hey Palmer!!

Just what I needed mate!!

Cheers (and you will be the first one that will get his hands on Phoenix 3!).
  • #604
  • Aug 28, 2006 12:31pm Aug 28, 2006 12:31pm
wait, wait, wait; screw that! I thought I would be the first! Just joking.

Well, how's the development going Hendrick? Is there anything I could help you with?
  • #605
  • Aug 28, 2006 1:16pm Aug 28, 2006 1:16pm
Quoting tradeigel
wait, wait, wait; screw that! I thought I would be the first! Just joking.

Well, how's the development going Hendrick? Is there anything I could help you with?
Hi Tradeigel,

Testing and changing the code and testing again and changing the code again. And did I mentioned testing and changing the code? Hell of a job, but we are getting somewhere! It needs just a little bit more of time, but then ...Bingo!
  • #606
  • Aug 28, 2006 5:50pm Aug 28, 2006 5:50pm
I can see Hendrick the mad scientist in his laboratory now...If you're talking to yourself while in front of the computer...you're in big trouble dude. I'm still teaching myself the language and trying to answer the questions myself. I'm working on a few things as well with the London and New York open and the EUR/USD. I've got a ways to go but I'll pass on the results when I get to that point. Get some rest Hendrick, don't burn yourself out.

Good Trading To All
  • #607
  • Aug 28, 2006 6:31pm Aug 28, 2006 6:31pm
Hi Hendrick,

I do understand your determination in ensuring the ver 3.0 with good performance as I have been in computer application for 20+ years. To me at that time it is like a thrill of participating in famous tourement and want to be the first in position. But do take care your health as there is no other important part than yourself.
  • #608
  • Aug 28, 2006 11:35pm Aug 28, 2006 11:35pm
Don't believe Hendrick to much.
I bet he's just browsing the LearJet magazine to see how many pips they cost.
Incl. stewardesses ofcourse.
May the pips be with you.
  • #609
  • Aug 28, 2006 11:41pm Aug 28, 2006 11:41pm
Quoting TraderSeven
Don't believe Hendrick to much.
I bet he's just browsing the LearJet magazine to see how many pips they cost.
Incl. stewardesses ofcourse.
That is the point of having an EA right? So you can go enjoy life instead of trying to convince your friends and family that somehow this graph is worth $450 to you? Or is that just me again? Good work on the EA Hendrick, proves why I wish I knew how to program .
  • #610
  • Aug 29, 2006 12:27am Aug 29, 2006 12:27am
Quoting Hollis
That is the point of having an EA right? So you can go enjoy life instead of trying to convince your friends and family that somehow this graph is worth $450 to you? Or is that just me again? Good work on the EA Hendrick, proves why I wish I knew how to program .
I think you overlooked a few smilies
May the pips be with you.
  • #611
  • Aug 29, 2006 9:56pm Aug 29, 2006 9:56pm
Although there will be a version 3, does anyone have profitable results from version 2 that you can post? I messed up my news times a couple of days and that has really thrown off my results.

dee
  • #612
  • Aug 30, 2006 10:02am Aug 30, 2006 10:02am
Wish Phoenix EA v3 working very well.

I would like to have an forward test.

If this EA need to tweak every 1-2month than it will be great. We subscribe to Hendrik for a monthly basic and he will give the tweak to the subscriber.

But this really need a forward test.
  • #613
  • Aug 30, 2006 10:50am Aug 30, 2006 10:50am
Myfogo:

I believe that is what Hendrick is working on right now. There is no 'release date' for v3.0. Hendrick will give us a head's up I'm sure. I believe he's doing his best to 'listen' to what his code is telling him. It may be weeks or months before we 'see' anything. Composing an EA that produces 'confident' results is what we all would like to have. It's the parameters that need the adjusting to keep the confidence level high. It's like cooking...you want to get it just right before you invite people over for dinner.

Good Trading To All
  • #614
  • Aug 30, 2006 10:52am Aug 30, 2006 10:52am
Question for Hendrick.

Being paranoid, I like to forward test settings before I start using them with real cash. That takes a lot of time.
Maybe a month.
But you plan to release new settings every month. Are those setting well tested or is it gut feeling/experience of what they should be?
May the pips be with you.
  • #615
  • Aug 30, 2006 12:41pm Aug 30, 2006 12:41pm
Just a few thoughts on 'tweaking' here...This is a busy week for eco news and currencies. We had a GDP number today, EUR rates/talk tomorrow and non-farm payrolls on Friday. We may only see movement around the news release times = a spike. Some EA's have a hard time with spikes becuause the markets are range-bound and moving averages, MACD's or whatever are usually flat because of the lack of price movement. EA's can get beat to death during days like these so it may just be a good idea to turn them off. I know Firebird (or some versions of it) has a SL of 300 and if you have floating positions that are already down 100 to 150 pips or so around news releases that could really hurt if those stops get hit. I know this isn't anything new to anybody but tweaking parameters beucause of weeks like these is needed.

Tighten your stops....
  • #616
  • Edited 4:01am Aug 31, 2006 3:48am | Edited 4:01am
Quoting TraderSeven
Question for Hendrick.

Being paranoid, I like to forward test settings before I start using them with real cash. That takes a lot of time.
Maybe a month.
But you plan to release new settings every month. Are those setting well tested or is it gut feeling/experience of what they should be?
I believe Hendrick takes no responsibilities for proper settings and money loses. Each optimal settings must be adjusted for specific broker and must be reviewed on a regular basis (at least every 2 weeks). What he gives is a starting point for all of us.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>

Regards,<o></o>

Dmitri
  • #617
  • Aug 31, 2006 9:35am Aug 31, 2006 9:35am
I'm not saying Hendrick should take responsibility.
I always take full reposibility for my own trades

But I shall rephrase the question for you.
If I have to optimize every 2 weeks. How should I do that in such a short period of time. Just changing something and going live is suicide.
So I need to forward test for 2 weeks. And then I need new settings agian
And from what I understood from Hendrick it's not just running the optimizer.
Or are the new settings always lagging 2 weeks?
Hendrick?
May the pips be with you.
  • #618
  • Aug 31, 2006 11:33am Aug 31, 2006 11:33am
Hi guys,


Some information about the development of <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1lace w:st="on"><st1:City w:st="on">Phoenix</st1:City></st1lace> version 3. During the process of developing and testing, and testing and more testing I learned a lot. The idea about adjusting the settings every 2 weeks is not good. An EA should produce always the same results for every pair and for every period; it should be constantly profitable! <st1:City w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:City> 3 is not doing this so I decided to drop the whole project.

Mind you, it was not a waste of time because I learned a lot about EA's and testing EA's. Now I'm going to start with "nothing" and will try to develop a really good EA.

I'm now going to concentrate on my new project and will inform you about my progress. Maybe in this thread (<st1:City w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:City> 4?) or a new thread. My wife just told me I'm addicted to <st1:City w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:City>. I think she right. And I also think that some kind of addiction and a lot of “blood, sweat and tears" is needed to make something that's really worthwhile. Don't leave this thread and stay tuned!<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>
<o> </o>
  • #619
  • Aug 31, 2006 11:36am Aug 31, 2006 11:36am
Hey Hendrick,

I perfectly understand what you are saying. Looking forward to see what you come up with.
  • #620
  • Aug 31, 2006 11:45am Aug 31, 2006 11:45am
Hendrick,

All that tried to develop something themself know about the struggle your in.
It maybe best to shut dow your PC completly and spend some quality time with you wife. And start again with a fresh mind. Constantly pounding a problem can be counter effective.

But I agree with your decsion.
Altough I can't really judge Phoenix 3 because I never saw it; but it sounded like curvefitting. And that has a habit of backfiring.
May the pips be with you.
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