Mornining, I understand your thinking about going with the trend. The problem is, when creating a synthetic hedge of 6 pairs it is close to impossible to get all 6 going in one direction. The reason for this is correlation. Look at your basket and ...

Phantom 6 System

I used your last posted EA. The only code I changed was this: if (GBPUSD_PL > BiggestPhantomWinnerPL) TO if (GBPUSD_PL < BiggestPhantomLoserPL) That for all pairs..Now ea trades biggest loser, no other changes made. Execpt of course i re-named ...

Phantom 6 System

Caillou, This is the lastest version from xere. Everything is exactly the same except it trades the biggest loser. I renamed the file with _BL at end (for biggest loser).

Phantom 6 System

I agree 100%, but I think the reality is "lower risk = lower profit" and "higher risk = higher profit". If you look at Achabs tests, you will see that clearly. Im in the lower risk, lower drawdown camp myself, so no, I wouldnt sleep at all with 90%. ...

Phantom 6 System

Thanks for posting. I remember someone had the loser idea, I just couldnt remember who it was. Its been floating around in my brain to try since then.

Phantom 6 System

Hi Caillou, If you open the ea there are comments at top of code. But no, the 22 pairs is not an exact synthetic hedge. There is some extra exposure long in CHF and AUD and short in USD and JPY. But this should not make much difference as you would ...

Phantom 6 System

New files — Here you go. You can open up the EA's and check the settings and read special notes at top of the code. Feel free to change anything as I know everyone has their own way of trading these phantoms. One special note for the phantom ...

Phantom 6 System

I thinks Achab was just testing many different settings. But yea, you would need balls of steel to trade like that. I start getting ill if DD reaches 5%. I will be starting some new tests using different number of pairs, number of traded pairs, etc. ...

Phantom 6 System

There are many combinations of pairs to use, as well as the number of traded pairs you can try. If you have any coding skills with mlq4 its pretty easy to configure the phantoms the way you want. The options and combos are unending so its fun to try ...

Phantom 6 System

Long term daily trend does not have much impact. The phantoms take advantage of shorter term moves. Trading with the trend was tried a while back with the qqe filter. Dont remember anyone having any luck with it including myself. The thing to ...

Phantom 6 System

A little off topic, but something strange I noticed. When ever I get a basket closure, almost everytime I get more profit than I should (positive slippage). Im thinking this is because when the basket closes the pairs Im trading are moving strongly ...

Phantom 6 System

Ok, I will agree with half of that statement. A PP of .1 or .5 will close alot more baskets than 3.0. I know this from many months of testing. However, you are right on the profitability. It may be close to the same or 3.0 could be more profitable. ...

Phantom 6 System

Not sure I can answer that question. Im in U.S so I only test with 50:1 leverage. As for blowing up, never had it happen. I have baskets get into some deep drawdown and not recover though. But one thing I did notice by trading small lots, the bad ...

Phantom 6 System

Xere, Thank you. Many of us have been testing the phantoms for some time now (for me since aug of last year). It is good to have a smart programer on board. I also agree slow and safe is the way to go. Any account that doubles in 2 months also to ...

Phantom 6 System

Xere, Few pages back we had discussed a bit about a trailing equity stop for the phantoms. Not for individual trades but for the account equity. I use a conservative profit pct of .25. Mostly because I like quicker closures and I am unable to ...

Phantom 6 System

Very nice Xere. I dont see anything else need to be added. Only question could the colors be customozed by user? I only ask as I have hard time seeing color red on black background. And yes, I could change backround but I like black. Thanks

Phantom 6 System

Achab, Try this one. Balance/Equity tracker indi. You can change the colors to suite your liking. It will also track your drawdowns. I use on H1 chart but I think it will work on all time frames.

Phantom 6 System

OK, Ill check it out. I remember that thread, from years ago. Never could wrap my mind around how he actually traded that system. You are right, we should take advantage of those high flying baskets when they happen. But still be able to take some ...

Phantom 6 System

So you have 10+ years trading forex? Reading your comments on this thread could have fooled me. Yes free forum, you are free to cheerlead your system. Best of luck to you with it.

Three Pairs Hedging

IamThat, I missed this post of yours. I just posted above about the trailing stop idea. Simple minds think alike LOL. Do you know how to code such a function into the EA?

Phantom 6 System