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LinkBack (39) | Thread Tools | Display Modes |
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Updates Phoenix 5
An updated version of Phoenix 5 (version 5.6.02).
- we now have the follwing pairs: USDJPY, EURJPY, GBPJPY, USDCHF, GBPUSD. - to avoid mistakes in choosing the right mode, there is now only one parameter for this : PhoenixMode. Classic mode=1, SencondTrade mode=2 and 123 mode=3 (thanks Herbert). - MicroAccount was still not working. Changed the code as suggested by lgvh. Manual for Phoenix is updated. |
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So for example in mode 1 if we have a signal and a setting of Risk of 1%, to me that would mean that I can loose at most 1% of my account value on this particular signal. Another example, in mode 2 where there may be two trades as a result of the one signal, then most likelly it would be preferable to split the 1% into 2 parts and risk each part on each trade. (though this is a bit slippery in this case since if I'm not mistaken the second trade doesn't come into play untill the first trade is set at BE and in profit already) Hopefully I'm not confusing things here, but that was my intention initially. What do you guys think about it? |
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1- There is some compatibility problem with the variable name "MicroAccount" with the compiler, I rename it to "Micro_Account" (must be done in all code) 2- In addition to the original sugested corrections it is necesary to change int CheckOpenTradeMode123()to int CheckOpenTradeMode123()Now tested with Real Trader (Metatrader from www.RealTrader.lv) I'm sorry to post the corrections without test the new version , I just saw the LotsOptimized() function that was the same (with the exception of the change of the variable name AccountIsMicro) and I posted in a hurry the code that worked for the previous version. Excuse my English, hope you understand ![]() |
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Thanks for your contribution! |
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It is true that Phoenix 5 can open up to 5 trades at once, if we switched on all the modes. But I guess it is not tested yet (?) However I like when seeing combination of the modes, compare to combination of the currency pair. Seeing your success trade on championship, I think better to concentrate on USDJPY rather than concentrating on other pairs. See this result? it is an amizing Phonex 5, can turn $1000 to $1 million within 6 months of trade. I am using mode 1 and mode 3. The risk is 0.3, using 2 modes it will consume 60% of the free margin. It is very great in backtest, but Let's see how it perform in forward test. |
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.Problem is, I just changed the code in version 5.6.02 to prevent this. So what should I do? Change it back to the old settings or what? Anyone? |
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LinkBack to this Thread: http://www.forex-tsd.com/phoenix/4012-phoenix-2007-new-thread.html
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