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What settings are you using? The version I downloaded had all settings zero-ized which makes it really hard to help Hendrick out with the forward testing.
Alan
Hi AlanD,
I'm using default settings....you can download the EA from the first post....
hi Hendrick! As I am an upsolutely Newbie and a big fan of yours, I installed the Phoenix v4.2_2 into my MT4. I must tell you that I trade 10 pairs. I was runnning it over 14 hours and it just did 3!! trades. I must have forgotten something. I did all those settings mentioned on this forum for the pairs, but still it seems very slow trading. I trade in 5M. Please advise . Thanks a bunch.
Nick
Timeframe is M15. How many trades per day do you expect? Let it run for a whole week and you will see that it will make enough trades.
I assume that you use all the default settings. Have you changed anything with the TP, SL or TS?
All default. Not to panic, I just started it at an unfortunate time. I have faith all will be well. The first closed trade made a profit, which is good.
Hi Hendrick
i engaged a Optimized Lot problem when i'm testing Phoenix 2007 system.From your code, i see that the optimized lot is related with history trading data. If i begin to trade with this system without any history data, what should the "orderprofit" be? and if i run this system the first time with some history data, what should the "orderprofit" be? Please see the result below in past 2 days, the USDJPY lot are just 0.1 and 0.2, should them be 1 when i just use this system the first time? I don't think this is a bug of your system but i think this strategy can be optimized.
and, if i just want to see clearly how many pips i got, could i change the code "return(lot)" to "return(1)" or "return(0.1)"?
Hi Hendrick
i engaged a Optimized Lot problem when i'm testing Phoenix 2007 system.From your code, i see that the optimized lot is related with history trading data. If i begin to trade with this system without any history data, what should the "orderprofit" be? and if i run this system the first time with some history data, what should the "orderprofit" be? Please see the result below in past 2 days, the USDJPY lot are just 0.1 and 0.2, should them be 1 when i just use this system the first time? I don't think this is a bug of your system but i think this strategy can be optimized.
and, if i just want to see clearly how many pips i got, could i change the code "return(lot)" to "return(1)" or "return(0.1)"?
thank you!
When using MM=true the number of lots is handled by the Money management function. If you want Phoenix to use a larger number of lots, use MM=false and change the value of Lots to any value you want. If you want to use MM but still want a larger number of lots you can change MaximumRisk. Instead of 0.05 you can bring it down to 0.03 or 0.01. Do a backward test with different values for MaximumRisk and see the difference.
My advice: use MM=true and MaximumRisk somewhere between 0.01 and 0.05. Don't change the code "return(lot)". This really makes no sense.