usetradehours — jcs, this is how it works during the trading hours it places/closes orders. at trade closing time, it checks if there are any open trades. if no, then it resets the phantoms and goes to sleep till next day trading start hour. ...

Phantom 6 System

my observation is like this entry at 80 diff. now the diff goes to 85-90, we are in DD. to cover this DD, diff has to come down twice as much as it went up. that means if it goes to 9- from 80, then when it comes to 60, we are BE. exit at 50 would ...

Hedge and Correlation Strategy

yes, we could lose an opportunity to get profit if it doesnt meet our DD criteria. most ( i dont have stats, but most of them) trades have atleast 1 cut loser, which means we can atleast expect 2% DD. even if we try with 1% DD, we get 1% additional ...

Phantom 6 System

here is an example lets say RR trades this new idea and SS trades the existing idea both start at same time. starting capital is 10000$. PP 1% SS places orders. RR doesnt. SS places orders. RR doesnt SS places orders. RR doesnt SS is in DD of 300$. ...

Phantom 6 System

scothedgefilter — Hi steve, thanks for implementing this filter. my understanding of this is different Lets say the entry criteria says buy EURCAD and sell GBPJPY. as per the EA it places buy order EURCAD and doesnt send sell GBPJPY if we set ...

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

less number of trades means less cost.

Hedge and Correlation Strategy

what are yr recovery settings ?

Phantom 6 System

ES, indi take cor period as days. so enter 240 instead of 50. no need to convert to hours

Hedge and Correlation Strategy

i think its a valid request. having multiple exit options. exit by stoch diff, exit by pipgain. you can chose to exit by pipgain always in which case we wait for pipgain even after stoch diff met the exit. lot of times we miss the pips by exiting ...

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

how much PP ?

Phantom 6 System

entry at discount — i mentioned this idea several times in the past, but didnt receive enough recognition or discussion. i am going to write again. only thing stopping me coding this idea is limitation of my coding skills and if someone else ...

Phantom 6 System

there's a bug in code to place recovery trades when total order count gies beyond a number. i fixed it now basically for a recovery trade to be placed, any one in the sub-basket has to meet these conditions total loss of this pair > rec pct OR total ...

Phantom 6 System

it doesnt stay > 80 all the time, it fluctuates between 80-65 and i enter at 80 and wait for a pip gain of 60-70 and exit, and re-enter at 80 and exit at pipgain what i mean is H4 gives multiple opportunities for entry/exit even though the sto diff ...

Hedge and Correlation Strategy

i modified the scots indi to add **** against the pairs that goes past 80 stoch diff. i disable alerts and use this instead. its easy to see which pairs have crossed 80 with this ***** marks on higher TF, we are going to stay longer in the trade and ...

Hedge and Correlation Strategy

same here

GBP/USD - one trade a day

chris, great data and analysis. can you do same analysis for years 2009, 2008 ? when i optimized with MT4 each year i got different set of numbers. so i stick to the original post. in 2010 may be GMT6 is good but in 2009 may be GMT04

GBP/USD - one trade a day

cgrey, we did end up on positive day. i think journal is a good way to concentrate more and fix any mistakes. atleast for 1 or 2 months. then it becomes redundant. especially if we are going LIVE, journal is needed. i am planning to go LIVE with 5% ...

GBP/USD - one trade a day

you can use this if you want, i added combined spread. combined spread is sum of both symbol spreads.

Hedge and Correlation Strategy

DL, Your excel looks very good, if you dont mind can you attach it here ? i am looking for a good trading journal excel thanks a lot

Hedge and Correlation Strategy

i dont see 2nd trade on your H1 chart. you should always use this EA on H1 chart and also you should NOT flip to other timeframes and comeback to H1 during that 1 hour. just leave it like that btw, there is no stoploss hit this friday. it closed in ...

EA for GBPUSD one trade system