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It looks very simple. I'll toss it into an EA later today to try it out. Template designed for Phoenix 6 will work well with this method.
Hi Daraknor,
How did this go? I have the EASY Method template but would like to setup buy and sell arrows whenever the green line is above the 50, red and yellow lines and the reverse for sell situations. This is just going to be a manual method.
wich version and settings works good enough to make money montlhy after montlhy?
I don't think I have EVER seen a statement made by any version of Phoenix that actually pulls out a profit. I don't understand why people keep developing it. Maybe one of the early ones did? The latest versions look like super-sophisticated money-losing machines.
__________________
"Don't workharder, work smarter." -- my Java professor
PhoenixFund reports
USDJPY M30 for June
+104.25 on 0.1 lotsizes. 6 wins, 2 losses, all negative swap. Approximately 130 pip gain.
USDCHF M15 for June
-100.74 on 0.1 lotsizes. 5 wins, 8 losses, mixed swap.
Monthly total: -25.89 due to swap, instead of a $3.50 gain overall.
At this point I'd recommend the USDJPY M30 settings, because a month of testing validated them. Another trade was made by USDJPY starting 06-28 closing 07-02 with a 34.29 gain. This was not included in the above report.
9 trades isn't a great sample, but these findings are consistent with the backtesting reports. PhoenixFund closes with another negative balance, but is currently positive for the month. Sorry about the delay in posting the report, I've been very busy. (Fiance had family emergency, plus several programming projects.) The foundation bookkeeper is taking over the reports and banking responsibilities.
Phoenix Fund is up $533.40 for the month. Right now the funds are split into two sections, and they will be combined into one when the bank transfer goes through.
Account 59077 previous balance: $789.00
Closing balance: $980.52
(needs to have half of previous winnings transferred to Wikipedia.org)
Account 59290 previous balance: $863.30
Closing balance: $1205.18
(previous monthly rebates combined)
This month a donation of $266.70 needs to be withdrawn and paid to a nonprofit.
A total of 13 trades were made this month.
M15 USDCHF from 2007-05-30 had 1 win 3 loss: -$49.89 (all 0.1 lot)
M30 USDJPY had 8 win 1 loss: +$583.29 (1 win at 0.1 lot, all other trades 0.3 lot)
My personal account did not trade the M30 USDJPY settings, and it is also with FXDD. If you join FXDD as your broker, PhoenixFund would appreciate being listed as your IB. Half of the monthly profits from trading Phoenix will be donated to charity, the other half will be reinvested.
I don't think I have EVER seen a statement made by any version of Phoenix that actually pulls out a profit. I don't understand why people keep developing it. Maybe one of the early ones did? The latest versions look like super-sophisticated money-losing machines.
i have try phoenix since last year..and the results i got were really different... every month was in loss... i quit testing a month ago..not worth my time
p/s - where's azbofin lately? i miss his acc statement...the only profitable statement in phoenix
I just disabled the USDJPY M30 settings after 3 losses. So far for the month, 2 wins 3 losses.
These settings overall have performed with 16 wins, 5 losses.
I don't know where AzboFin is at either. The key to keeping Phoenix profitable I think is having settings that you monitor, and turning them off when they don't perform. You need a "finger on the button" instead of a "fire and forget" strategy.
I just disabled the USDJPY M30 settings after 3 losses. So far for the month, 2 wins 3 losses.
These settings overall have performed with 16 wins, 5 losses.
I don't know where AzboFin is at either. The key to keeping Phoenix profitable I think is having settings that you monitor, and turning them off when they don't perform. You need a "finger on the button" instead of a "fire and forget" strategy.
Hi,
How about combining phoenix with Auto Optimization ....i have the code. The auto optimization will automaticly optimize the setting that we want with range of date we specify then use the setting that were optimize into the ea..
How about combining phoenix with Auto Optimization ....i have the code. The auto optimization will automaticly optimize the setting that we want with range of date we specify then use the setting that were optimize into the ea..
My opinion
Maybe one of the early ones did? The latest versions look like super-sophisticated money-losing machines.
Linear Mode
