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Originally Posted by daraknor
Phoenix in the contest brought many people over to the idea that automated trading could be viable. Phoenix as an experts system is a horrible way to introduce it. Phoenix as a simple system doesn't meet my needs, and I imagine many others as well.
Here is my proposal: fork development into two versions. A simple system has only a single trade, only the most basic common exit strategies, but full signal use. (If nothing else, a fast and lightweight EA useful for signal optimization.) The expert system would use the complete template, but not all possible functions are programmed at release. Settings similar to mode 3 will be available, multiple simultaneous trades, confirmation signals to adjust lot size based on signal data, etc.
I have been thinking of "how do I satisfy as many users as possible?" and I think this is the best way. I'm interested in any and all reactions to this separation. I welcome flames and constructive suggestions.
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daraknor
I'm still relatively new to MT4 EAs, though have demoed up to 5 potentially profitable ones in some depth (compared realtime with backtests) for the past 6 months. They were relatively easy to implement, so when I discovered Phoenix I though it would be the same. Hmmm, rather more difficult...
So I heartily endorse your idea and welcome any efforts to make Phoenix more useable to the masses.
Looking forward to Phoenix Simple BETA and many thanks for your wealth of contribution to Phoenix.
JRtrader