Few FAQ's:
When you are referring to Msg#, which thread you are talking about?
-
http://www.forex-tsd.com/expert-advi...ew-thread.html
Where do I get the latest version of EA?
- stable version, first post of this thread
- beta version’s:
http://www.forex-tsd.com/expert-advi...-post-1-a.html
I’ve never done this before. How do I start EA?
- Quick steps are in msg# 597, but more detailed steps are attached in first msg here. (Ultimate guide)
What is the difference betwen Mode 1, 2 and 3?
- Read the ‘Ultimate Guide” attachment in the first msg of this thread.
What is the best time frame for this EA?
- although you are welcome to try them all,
and post results, so far, it is used on 15M charts.
Is ph0enix still Using TimeFrame 15MIN ?
- yes
After I place EA on 15M chart, can I later change time frame?
- No. Read msg# 644
What setting should I use? Where I can find settings file?
- For start use default settings which are already in the code. But if you want to try different settings, check this URL:
Settings Files
Here you can find Live Testing reports:
Live Testing reports
What is the meaning of functions: TrailingStop, BreakEven and CloseAfterhours in Phoenix 5?
- Read msg# 482 and attached files
I want to use mine own settings for lot’s, but EA don’t let me.
- If MM is on, Phoenix will decide the size of the lots. If you want to use different number of lots, turn MM off (false).
Why different testers gets different results?
- Different brokers have different quality of demo data. Different brokers will act different on your live orders. There are different spreads… Some brokers will trade against you… Read msg# 775
Should I keep computer running 24/5? Will EA work when I close MT4?
- Yes, the best is to keep computer running. Read msg# 551
Which brokers don’t trade against you? Which are the best brokers for this EA?
- Hopefully our testing and sharing data and info will help us find out answers in the future.
I'm trading with 12 pip and 11 pip spread. Will this EA work?
- You are trading with big disadvantage, change your broker.
Can I use original Contest version if I have micro account?
- No. Use higher version instead. Read msg# 935, 944, 948, 924, 523
Contest? What contest? And what contest version?
- Contest:
http://championship.mql4.com/2006/participants
- Contest version:
http://championship.mql4.com/2006/users/Hendrick
Do I need the currencies history in order to run Phoenix, or it's only for testing purposes...
- History is only needed for backtesting. You can run Phoenix on a real or demo account without history.
EA have bad day today. Should I manually cancel the orders?
- If you use it on live account, why not, protect your money. But if you are using demo, no, let it go. Let’s see what it does. You may even be surprised.
Backtesters, be avare of build200:
After I’ve updated my MT4 to build200 I have some problems in strategy tester (not allowed to use “From” and “To” for setting time period)
- Read msg# 960
MT4 B200 don't let you use external history data (Alpari). The one, that MT4 B200 uses is not so good. Backtesting results will be different and worse. Don't upgrade MT4 for backtesting. Rather use previous version B198.
If you want to see Buy/Sell signals, use attached fille: Phoenix5 plotting buy sell signals.mq4 - don't forget, to compare Phoenix settings with the one in Indicator, they need to be the same - enter settings you have in Phoenix into Indicator.