1. After running several hours there is no trade entered. Is this because of the setting ?

If you look at your backtesting results you may see that sometimes there can be a lot of time between trades. When you do live testing this can be really obvious.

You have set U_PrefSettings to false which means you need to setup the settings file all on your own, you can't take advantage of optimized settings from the past that other's found worked well. While those may not be great settings in todays market, they work better if you don't know how to optimize the signals yourself.

Different FX Brokers sometimes give different trades. FXDD is the Broker that most Phoenix Traders are using. Starting your EA at a time that differs by just minutes can lead to a different trading pattern.

2. Is the function to detect if the market is trending or ranging implemented ?
If so how is it be activated ?

First part No.
Second part. It is a counter trending system, this is covered in the documentation, with a good explanation.

3. Is the function to avoid trending market implemented ?

It is a counter trending system, this is covered in the documentation.

4. Is the function to avoid specific time frame, f.e. news event, implemented ? If so how is it activated ?

Function to avoid certain timeframes is implement. In Signal 5 you can choose when you want to trade. Documentation gives the details.
Avoiding news is not coded. Although if you know when the news is coming out you can use Signal 5 to stop the EA from trading, at a certain time but I don't think it will get you out of any existing trades.

Thanks for your reply, Pcontour.

Which documentation are you referring to ?
Pls advise file name.

To avoid news effect what shall I do ? Close all positions ?

pjo

Docs - go to the attachments

I don't have all the answers, but I think you must close your trades manually.

You can find answers in the forum for phoenix.

Go to Search at the top of the forum window - select advanced search. Choose Phoenix at bottom right and put in what you want top left.

Can I please be guided on what is the latest stable version of Phoenix is? And where to download the EA?
I have the v5_6_03 and it is active on the chart but not placed any trades over several hours on a 15 minute time frame.I do not know what is wrong.
Thanks in advance

The last published version of Phoenix - "Phoenix 6 - Released" is here in the first post :
Phoenix - Development+Suggestions - MQ4 in Post#1

But there are a couple of problems with this version.
The first is that a variable "F_ATR" is setted to value 0.6 and it is too high. Try to change it to 0.
Others problems are with functions "X1_ManageExit" and "X9_ModifySL". I wrote about it in a post :
Phoenix - Development+Suggestions - MQ4 in Post#1

If it is profitable I am trying to explore

Hi.. I dont know whether the discussion about this version (5.6.03) is still valid here since there are already v6 available now..

BTW here is my question..

Anyone knows/practice the BreakEvenAfterPips and Mode2 Setting for USD/JPY pair? So far, I've found BreakEvenAfterPips setting tested by Hendrick which is 32 but cant find any for Mode2 setting.

I've read the entire thread in FF, and to have the same here is nearly impossible (seriously a lot of thread here...). Also have Search the entire section using Search Tools but cant find any related post.

If someone kind enough to help me about this, I would be appreciated!

Joe

hello guys, I just hope that those threads are still alive I have a question:

I've just downloaded last version (Phoenix6 Simple Beta5) of your software and implemeted it in MT4. I've tried it on a backtest and it seems that it's working. But I'm not sure if it will work on a real account. why? I'm from Czech Republic (GMT+1) and my currency is czech crowns, not dolars.

Can you please explain what I need to change to make it run properly? or it will work without any modification please? Thank you!