hi!
after all the comments on phoenix v5.6.8 and 5.7, i found that v5.6.8 mode 3 is the best.

is it true?

if i want to try forward test with this EA, which version would you recommend at the time being?

thankz

5.6.8 often has high performance in Mode3, but please keep in mind that mode3 is buggy in 5.6.8. #1 it doesn't work as intended. #2 sometimes it generates errors. If you do get errors, you should manually close the buggy trade. 5.7.0 is "working as intended" and so far without any errors. Settings of T1adj=1.0 T2adj=1.0 T3adj=1.7 for mode 3 in 5.7.0 were reported to have the highest performance of all.

Since 5.6.8 Mode3 wasn't working right, and 5.7.0 is working right, there won't be any more versions where Mode3 performs like 5.6.8 and the OrderModify bugs are going to stick around. If you want the performance of 5.6.8, specific settings in 5.7.0 can create similar performance or better. If you want exactly 5.6.8, then you will need to live with the OrderModify bugs. I recommend 5.7.0 tweaking the Mode3 settings the way you want them. (Suggested: 1.0 1.0 1.7)

Should the default setting in 5.7.0 be change for 1.0 1.0 1.7 or should we continue forward testing with 0.8 1.0 1.2 ?

Either setting is fine, 1.0 1.0 1.7 was found in backtesting as the best but most of the Mode3 logic is disabled (jumping from 3 to 1 trade.) I did some quick testing and found 0.8 1.0 1.2 to be decent performance, while 0.5 1.0 1.5 quickly lost a lot of money (not enough benefit from wins that reverse at 0.6).

If someone wants to have the functionality of 5.6.8, Then I recommend 1.0 1.0 1.7 because it is the most similar setting to the way 5.6.8 worked. I don't recommend trading buggy software, (5.6.8) but that is me.

Test whatever you like!

I'm off to spend time with friends and family! I hope you do the same.

Great explaination!

i will start to run live account with Phoenix after new year.

will post my results later.

Gambatte! (Good luck in japanese)

Hi,
The version 5_6_6 modifies the order of missed form, could verify the code of the EA. The modification of the StopLoss confers order 12 after.
Thanks

Attached Files

Phoenix V5_6_6.htm (10.5 KB, 27 views)

I seem to be spinning my wheels here. I optimized on GPUSD with version 570, then ported the settings to 571. When I run the new settings on the same time period I get completely different results. Starting over with 571, but now I wonder whether I completely misunderstand the way the EA works in testing.

Hendrick says use PrefSetting false for (back)testing and manually set values of inputs. For live or demo forward testing, PrefSettings should be false, and the values from the code will be used. But then why bother doing backtesting if the values are going to be ignored when you do forward testing or go live?

Also, with MM=false, is it not possible to set a lot size other than 1?

Please clarify. We need a clear, well-written manual to explain the EA's innerds and how to optimize for best results. Confused!

We want the manual to be based on 5.7.1 because it is so much easier to understand. There are so many settings they needed to be organized a little.

I modified 5.7.1 a little to include a 'hidden bug' fix. I will 'undo' the fix and 'redo' the fix to make sure the trades are the same with the default settings.

The settings you get by default are fairly optimized, except for EURUSD. The EURUSD settings were included because they are better than the default (no currency specific), but they are still as good as I want.

PrefSetting means "do i use the values that are set up for specific currencies?" If true, it loads currency specific settings. If false, it loads the settings you specify.

5.6.6 was known to be unstable. Please use the stable version 5.7.0 unless you want to help with testing.

A manual would be a great thing, even if it only involved descriptions of inputs initially. Perhaps a table of input settings should be done initially so that people know where to start with each currency. If you send me the raw data with annotations I could prepare a PDF. We can do that offlist if you wish.

PrefSettings: "do I use values that are set up for specific currencies?" Where does it get these settings?

I presume that the "settings you specify" are those we enter manually or prepare as a .set file. So if we optimize and create a .set file, we must always have PrefSettings=false (for optimization, backtesting, forward testing on a demo, and live trading). Is that correct?

What about the behaviour of MoneyManagement?

Thanks for your patience and assistance. Let me know what I can do to help.

BTW, I'm working on a potentially lossless optimization. Probably low yield, but maybe good for those of us who are sore losers.