I think it will break the bottom trendline and AUD will be well above 1USD. Just by looking at that chart. Reason: There usually is a big selloff or big spike before reversal... we haven't seen it yet... which leads me to believe it is still coming ...

EURUSD

7Bit, Have you considered a means of backtesting? I'm using JForex (Java) to backtest a basket EA and its historical data is accurate. THis is the only way to really see the value of a strategy... test it against the times you get into DD. Then have ...

Synthetic hedges, cointegration, mean reversion and similar stuff

Hi Saidar, Yes I was testing this morning before I left for work and noticed this. When using OHLC and my profit target is say $100 sometimes it closed at like $400... but also the system doesn't have a hard SL so it would be the same both ways. I ...

Jag's Phantom 6 System

Bonjour panthere, Comment ca va? Sa va bien! lol I take the best phantom at the london open(until profit is met). You can play with the times but say 1 or 2 hour before london opens you check to see the best performing phantom and trade that for say ...

Jag's Phantom 6 System

Sure I'll post it as soon as its ready. Price is executed on each bar or tick... so if you choose OHLC it will generate 4 ticks to check for your TP or SL. I don't understand what you mean it's inaccurate compared to MT4. It seems like its doing a ...

Jag's Phantom 6 System

Saidar you think dealing with multiple symbols on a tick basis would be fast? On top of that Java is interpreted so it is a little slower. However you can speed up the test to get an idea of your strategy by using OHLC ticks. I agree the platform is ...

Jag's Phantom 6 System

"I modified MetaCoder's Phantom 6 EA and played with it the way I feel would be more profitable long term." What part of the "way I feel" don't you understand? Keep reading. I have no assertions until they are proven by tests (which is what I am ...

Jag's Phantom 6 System

Hi Toothman, I found that the first few hours of LO/FO were best for "seeing" the trend of the day. After that you have to hope that you can get enough trend to get you your x%... if not then you will be in DD until it moves enough... so the idea is ...

Phantom 6 System

Hey guys, Been doing backtesting my version and found that using hours is crucial... cutting major losses(and/or setting BE on profitable trades) may or may not be helpful and using PipStep definitely hurts the EA long term. That being said the ...

Phantom 6 System

I agree initially gold/silver will spike however and be sold into big time then things like cattle wheat and things for basic necessity would sky rocket before the eventual collapse of everything since there would be no liquidity left just MM's ...

EURUSD

Hi Charvo, There are two possibilities.. one valLastFlatEq (last flat equity) got set to 0 or something so that AccountEquity() - 0 > DollarProfitTarget(something smaller than AccountEquity(). The second is that DollarProfitTarget got set to 0 so ...

Jag's Phantom 6 System

hi Tim its based on v1x so that shows that dd can build up like a proof of concept the demo is on their website im busy right now typing on my phone but its not hard to find. can you msg me the full rules you want implemented?

Jag's Phantom 6 System

It has optimization genetic optimization is just a optimization on the optimization process It basically tries to get to the same answer quicker... the brute force optimizer still exists... however with this strategy it is tough because you are ...

Jag's Phantom 6 System

Tim, Yes the goal is to test and see where the hiccups lie and how to prevent them. The backtests take a long time (6 month test ran overnight still not done). But that is expected because of the amount of ticks it has to go through. Only issue I ...

Jag's Phantom 6 System

Hi Saidar... I will post the strategy as soon as it is sound technically. Meta trader really sucks for backtesting... DO NOT TRUST IT even for 10 cents. The only way you will get OK results is if you are trading H1 and above and don't care about ...

Jag's Phantom 6 System

Have you guys downloaded JForex demo and played with it yet? It takes some getting used to... The API itself is alot nicer than mt4. EA is doing its job... backtest runs good.

Jag's Phantom 6 System

I would be hardpressed to find a trader with over a mill executing with Mt4... charting maybe but not executing.

Jag's Phantom 6 System

Yes Charvo you are right.. however note that Mt4 brokers do go down very frequently when they are running into losses (or you are winning) aswell as execution starts to suck when you win more often.... I'd rather either a) trade directly or b) trade ...

Jag's Phantom 6 System

Not necessarily... if you can expect it to go back to 1.3 you can expect it to go to 1.36 The trend is still positive until support (1.3187) is taken out followed by a lower low.

EURUSD

Hi Charvo, The 10 pairs is just to get tighter response from trend changes like you would use 3 pairs instead of 6 for example. The other difference is the two baskets asian and london... and after each session the profit gets set to BE. The hope is ...

Jag's Phantom 6 System