Here
"Phoenix - FAQ, Stable, User support -Read Post #1"

And there :
Phoenix - Development+Suggestions - MQ4 in Post#1

Adam, you list IBFX but the statement says MiG. A minor point, but important nonetheless. Try FXDD data instead and I think the results will be much better. We choose FXDD as our nonprofit PhoenixFund IB based on the performance of demo accounts being consistently better week after week. Demo and Real accounts are reported to be nearly identical.

I liked the easy scanning of trade results by currency, very handy reference.

jgerousis, I am fairly sure this system couldn't be manually traded without writing a great deal of code. Phoenix 6 will be more modular and easier to change things so it would paint signals instead of trade them. That can be done in Phoenix 5 as well, but there is no way to determine what the values of individual signals are. The system calculates derivatives of signals and checks their sign in order to trade. I haven't tried Hans123, SIBKIS, and Fozzy systems so I don't even have a worthless opinion on them. I see Fozzy v1.2 is now part of the Elite section, I'll defer to testing done there for a while.

Yeah, sorry. Good catch. I wonder why FXDD performs better than any other broker.

Thanks, I'm currently writing a program for statistical analysis. I'm still looking for a couple more testers. I know you probably already have your hands full but PM if you interested.

Sean

I'm not certain they are better than all brokers, but they are one of the few that meets the spike-free high-liquidity requirements. I did a decent investigation of them, including a bit of network perimeter probing and version checking. I feel comfortable with FXDD, MiG looked honest but I didn't get a warm fuzzy.

I've noted performance as inversely proportional to the number of strange spikes. We have a few high/low values in the FXDD stream, but nothing like the variable spread chaos we sometimes see with other brokers. (*cough* IBFX) Bid-Ask should be fairly steady. Occasionally spikes come through, but I've heard reports that large lot sizes were 1 or 2 pips away from SL and weren't hit. Compared to IBFX, I've read complaints about a 12 pip instant spike hitting SL on 1 lot minutes after the SL was tightened.

There is an ongoing discussion regarding brokers in other threads which is where some of this information (especially SL spikes) comes from. I asked around a few forums for people who have heard complaints regarding FXDD, and the coast was clear aside from one "Forex Bastard" who has obviously faked complaints.

Short Version: Honesty and Performance are likely directly related.

People progress from Junior to Intermeidate to advanced.

The Pref setting are great for Juniors. A new person couldn't make settings and do optimization, they would just quit and go away. People need the pref-settings for a starting point. The people who are helping out now, have gone through the stages.

If you take out the pref-settings you will lose the development system to get helpers.

We also need more infrastructure for testing and distributing the settings files. I don't like that getting a good settings file could be the equivalent of hearing a good joke. Some people get it, and some people don't. Having at least a baseline decent set of values built into Phoenix is a good start, we'll just need to update them a bit.

I totally agree as I would not be here if "Pref Settings" were not available.

__________________
"A discovery is said to be an accident meeting a prepared mind." Albert Szent-Gyorgyi

200% agree...

02/18/2007--02/23/2007 I didn't open 24 hours.
#1 Timeframe: M15
#2 Broker: IBFX
#3 Settings file: Defaults
#4 Account: Demo
#5 Version: 5.7.2w
#6 Phoenix mode: 3

Attached Images

feb23.gif (5.1 KB, 51 views)

Attached Files

feb23.htm (31.0 KB, 33 views)

02/18/2007--02/23/2007 I didn't open 24 hours.
#1 Timeframe: H1
#2 Broker: IBFX
#3 Settings file: optimization
#4 Account: Demo
#5 Version: 5.7.2a
#6 Phoenix mode: 3

Attached Images

18-23feb.gif (4.7 KB, 53 views)

Attached Files

18-23feb.htm (19.5 KB, 43 views)