I think we're complicating things too much. All we need to do is work out how to deal with large baskets. I'm of the opinion that we need to keep things simple. I think there are two options: 1. Cut Losing Trades - cut a single trade based on ...

Phantom 6 System

If you're trading pinbars location is just as important as the size of the pinbar.

Looking for an EA for this PIN Bar Indicator

That animated gif is giving me a seizure

Going Home - a multi-pair auto-trader for Dreamliner's strategy, by Steve Hopwood

If we're adding additional ways to close the basket, I'd appreciate an option to close the entire basket based on the value of the aggregated loss of the basket. So if the basket is say -2% of last flat equity, it could be closed.

Phantom 6 System

If that is the case, why would anyone use recovery when cutting a loser is a cheaper option?

Phantom 6 System

Could someone explain to me why you would use recovery over cutting a trade? In my mind the effect of cutting a loser and hedging a loser have the exact effect on your account, except that when you hedge you incur the additional cost of opening and ...

Phantom 6 System

Ah, I didn't realise that. I thought that when a loser was cut, it wasn't included in the PP calculation. If that's the case, I don't see the need for hedging losing trades. Why hedge a trade and incur the additional costs of the hedging trade, when ...

Phantom 6 System

I have a VPS with url and I'm very happy with them. I pay around $200/year

Phantom 6 System

Where's the EA? I couldn't find it on your site.

Moving Average Channels Trading System

No worries cobber.

Anyone interested in an EA project?

If the entry is simple, I'd first try the Expert Advisor Builder for MetaTrader 4: url

Anyone interested in an EA project?

You're right. Everyone will have a different tolerance to risk, reward, drawdown, etc. My current thought is to start opening baskets aggressively (every 15 or 30 mins) from 7GMT to 19GMT, then closeall if loss is greater than MMTU * 6 or the end of ...

Phantom 6 System

I was thinking about the margin level problem in a different way. What if, instead of viewing each basket as a group of trades, we viewed each basket as a single trade? So we view profitable basket, followed by profitable basket, followed by ...

Phantom 6 System

I noticed that IBFX has a neat closeall script that executes very fast: #include <IBFX - Quick Scripts.mqh> //---- void start() { /*+-------------------------------------------------------------------------+ Because these scripts are meant to ...

Phantom 6 System

Couldn't the trade simply be closed, but retained in memory for the purposes of calculating the PP?

Phantom 6 System

Original basket pairs vs new basket pairs — Has anyone done any testing of the profitability of the original basket pairs vs new basket pairs found in Phantom6_01xR.mq4? The Original Pairs: 1. GBPUSD 2. USDCHF 3. EURJPY 4. GBPCHF 5. CHFJPY 6. ...

Phantom 6 System

Is the reason trend lines don't work because they way they are drawn is subjective?

Trend Lines Don't Work

Looks totally legit to me.

Trading in 2 Minutes a day only

If you're worried about this you could hedge your winners. Or possibly it could be addressed within the code - ie it is closed but it still remains part of the basket for PP purposes (maybe not possible???)

Phantom 6 System

Thanks Steve. Will be posting forward test demo results soon.

Going Home - a multi-pair auto-trader for Dreamliner's strategy, by Steve Hopwood