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  #341 (permalink)  
Old 04-22-2007, 01:49 PM
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Quote:
Originally Posted by daraknor
Now, there is another issue. Margin. We need the FreeMargin to stay open. Using the current system (FreeMargin/ multiplier_for_sanity* some_number_which_pretends_to_be_risk) we have free margin open, but a long term trade could easily destroy the account even with small lotsize. (1000 pips SL) If we are doing $ at risk per trade, then the FreeMargin needs to stay open, but we *know* mathematically that the account won't go bust. If we have a minimum margin value preserved in dollars, then we would avoid the bottom line. Unfortunately, this isn't compatible with the way brokers do the math. They calculate margin by %. Many brokers will start closing trades at around 50% or 75%. I have never heard of a trader on here recommending risking more than a small % of the overall account per trade. I would think that the FreeMargin% should always stay above 100% (In other words, fully leveraged but I would only use this math if we're calculating the maximum risk in real dollars per trade.)

Unfortunately there isn't a direct simple calculation we can do to predict the total margin potential. We could have a fixed ($$) or dynamic (% of All $$) system that is protected from loss in trade.

Ultimately the system for risk allocation should be safe for multiple systems to trade with.
Free margin caught my attention since the first trade I made on demo. The brokers say that it is there to protect us. I don't know much about it except that FXDD is calculating it this way :

(Lot X 100K X price of the base currency) divided by leverage
Exemple : Sell EU/USD : (5 X 100K X 1.3592) / 100 = 6796 $ fof free margin used.

In any case, we can not change this rule and need to make sure combined trades do not cross the total "Free Margin" line.
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  #342 (permalink)  
Old 04-22-2007, 03:20 PM
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This is already done for you, check the standard lib and include files that came with your MT platform.


Quote:
Originally Posted by Pcontour
The themes for the next release. Improve default values, and provide error translation.
  • I'm planning to make up a piece of code to translate the meaning of the err numbers. This should help clear up misguided beliefs and instill some truth. It's also going to save everyone time so they don't need to go look them up themselves. Since the trade has been blown, there should be a moment or two available to spit out a error code translation.
The following has been completed.

1. Extra debug information to help with problems
2. Change default decrease factor to 901010
3. Change default minlot to 0 to kick in my new fix to prevent lot size problems.

No change to the settings file for 5.7.4.

No. I have no planned date.

I recommend that you change your settings file to the default values as mentioned in step 2 and 3 above in version 5.7.3. It would reduce the number of errors you should see.
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  #343 (permalink)  
Old 04-23-2007, 12:32 AM
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Phoenix 6 Beta4 has been released with settings that have traded profitably on PhoenixFund live account. There are still a few features that I'd like to improve, but the defaults have many advanced settings enabled by default. P6 B4 Advanced version hasn't been released yet because I'm trying to debug a few more features.
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  #344 (permalink)  
Old 04-23-2007, 02:29 AM
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Quote:
Originally Posted by Mis B. Havin'
This is already done for you, check the standard lib and include files that came with your MT platform.
Thank You,

I found that a few days ago, and I have it working.
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  #345 (permalink)  
Old 04-27-2007, 08:17 PM
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Quote:
Originally Posted by daraknor
Phoenix 6 Beta4 has been released with settings that have traded profitably on PhoenixFund live account. There are still a few features that I'd like to improve, but the defaults have many advanced settings enabled by default. P6 B4 Advanced version hasn't been released yet because I'm trying to debug a few more features.
Hi daraknor ,where i can get that P6B4 ea.i would like to forward test it.

Thanks
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  #346 (permalink)  
Old 04-28-2007, 01:32 PM
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Quote:
Originally Posted by saat2006
Hi daraknor ,where i can get that P6B4 ea.i would like to forward test it.

Thanks
I am taking this initiative on behalf of Daraknor to save you time, go to the first page of this thread :

Phoenix 6 - Development, Download, Bugs - See Post#1
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Old 04-29-2007, 03:52 AM
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Phoenix 5.7.4 - released

The following has been completed.

1. Extra debug information to help with error message 129
2. Change default decrease factor to 901010
3. Change default minlot to 0 to kick in my new fix to prevent lot size problems.
4. Display error message text along with error message numbers.

No change to the settings file for 5.7.4.

I will post the code here until Daraknor moves it to post #1
Attached Files
File Type: mq4 Phoenix_EA_v5_7_4.mq4 (52.7 KB, 417 views)
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  #348 (permalink)  
Old 04-29-2007, 01:00 PM
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Quote:
Originally Posted by Pcontour
The following has been completed.

1. Extra debug information to help with error message 129
2. Change default decrease factor to 901010
3. Change default minlot to 0 to kick in my new fix to prevent lot size problems.
4. Display error message text along with error message numbers.

No change to the settings file for 5.7.4.

I will post the code here until Daraknor moves it to post #1
Thank you again for sharing your work ! Do you consider 5.7.4 stable ?
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  #349 (permalink)  
Old 04-30-2007, 01:21 AM
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Quote:
Originally Posted by m6m6
Thank you again for sharing your work ! Do you consider 5.7.4 stable ?
I think it is stable. I have no more changes in mind.
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  #350 (permalink)  
Old 04-30-2007, 04:05 PM
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Thanks for the new version.

I just updated my live account to 5.7.4

Quote:
Originally Posted by Pcontour
I think it is stable. I have no more changes in mind.
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