update cutting losers — Running with cut loser set at x2 $profit target. Since last closure the EA has cut 11 strait losing trades. It is $90 away from equity close target. Just an update. PH6_01x cut loser x2. EA trimmed total of 19 strait ...

Phantom 6 System

Cutting losers — On my latest Phantom6_01x: Running with cut loser set at x2 $profit target. Since last closure the EA has cut 11 strait losing trades. It is $90 away from equity close target. It will be interesting to see how it recovers, or ...

Phantom 6 System

trading with the trend — for the-game, Concerning trading with the trend. I trade a phantom 6 concept manually on my Oanda account. This isnt the place to get into what I do but it follows the basic concepts of these EA's. One filter I use is ...

Art Phantom EA

Stick to the topic — Lets keep this thread from going where too many have gone before. Keep the egos in check. If you dont agree with someones point of view or idea, fine, move on to the next post. Threads getting long enough without reading 2 ...

Art Phantom EA

Art full EU — Question, Using all symbol trades in profit- What happens if you have a sell trade and the market reverses. Your sell trade is now at a loss. If its at a loss how will the EA make a buy trade when it checks and see that all ...

Art Phantom EA

phantom6_01x — Metacoder, I have demo many versions of your EA's since september and would agree with frazerd. PH6_01x has been my best performing EA so far. Consistent equity pops with minimal drawdown. I was the one that asked roundrock to ...

Phantom 6 System

FIFO rules and trimming — Just had a thought for you guys trying out roundrocks mod that will trim losers. If you are using a US broker you may run into a problem trying to trim a loser because of first in first out(FIFO) rules. I ran into ...

Art Phantom EA

Timmy, You can copy the code off that phantom6_01x_A EA that roundrock coded up for me. I think it does what you are looking for.

Art Phantom EA

Thanks — Thanks Roundrock, I will set up a couple of demos and run them at same time. One with the trim and one without. It will probably take a few weeks of trading to see if it makes a big difference.

Art Phantom EA

Interesting — Well Perky, Like I said..You are going to double it or blow it and looks like double it is. Now the big question..would you trade it live?? But I do agree with your theory of using a higher mmtu and lower profit percent. The way ...

Phantom 6 System

roundrock — but has the basket closed in profot (considering the losses taken from losers) ? Hi Roundrock, Yes, it has closed multiple times. Please keep in mind that when you close a loser (or winner for that matter) your equity does not ...

Art Phantom EA

Trimming losers — I have been trimming losers on phantom6-01x. I do it manually because I couldnt figure out how to code what I do. Its probably easy enough to code but my programing skills are primative at best. Anyway I close out any trade ...

Art Phantom EA

OK..Im not sure I understand exactly what you are doing. But at $3.80 per pip what happens when your trades go down 100 pips and you just lost 38% of your account? And you said you have seen the draw down so dont really understand why you are adding ...

Phantom 6 System

Your post is pretty much unreadable..and the way you are trading it wont take much drawdown to wipe the account. Dont get too excited about 2 days worth of results. You are trading .31 lots on a 1k account correct? Good luck with that. Come back in ...

Phantom 6 System

So what do you think happens when you reset the phantoms? Its like looking at that time and seeing... hey its going up lets buy it! But not considering the background which tells you everything. I know sometimes looking in the short term is better ...

Phantom 6 System

if you mean to say dont change the direction (BUY/SELL), only a additional condition for ema then sythetic hedge will not be disturbed but you may not reach PP quickly as there will be very few trades and there is no guarantee that trend will remain ...

Basket 14 EA System

Caillou, Im about a day ahead of you on trading 3 pair hedge. I modified phantom6 01a to trade just 3 pairs. I started it thursday morning mmtu .5 with pp at .25%. So far there has been one profit close. Too early to tell how it will work. I also ...

Basket 14 EA System

Thats a good question. Probably in the early stages of a leg it doesnt matter. Its only when the trades build up you will need the hedge. I know we are not trading corelations here but if you look at any 6 pair basket, at least a few are somewhat ...

Phantom 6 System

different pairs — Just wondering, does it really matter that much what pairs you use to create the synthetic hedge? I mean if you use 6 pairs there are many variations that can be used. Just for fun I modified phantom6_01a to use different ...

Phantom 6 System

profit pct — After testing many of the Phantom Ea's I would agree that .25 PP is a good setting especialy on a 3k acct.. Less trades. Think about it, you only need 4 equity pops per week to make 1%. Already had 4 on 03b in 2 days. I would ...

Basket 14 EA System