Originally Posted by daraknor

I've only shared the strategy online with people that contributed to PhoenixFund, sort of a perk. I'm waiting on feedback from most of them still. Nobody has found any faults in it.

I'm still contributing to Phoenix, but the bandwagon moved on. We still have profitable settings, but we did have a month or so where I wasn't sure if we had any profitable settings.

Feel free to use the trailing stop code from Phoenix 6 Released, it will automatically use the best stop possible if the broker doesn't allow a closer stop.

For exits, I do really like the ATR. Take a constant value * ATR signal and then use that for exit in pips. When the price in pips collides with the ATR, then you exit. I need to avoid looking at some code I wrote that does that for a bit to make sure I come up with something different if I write it again... copyright agreements and so forth. Very easy to write, very effective. Remember to divide by Point if you want a consistent value usable on USDJPY and other currencies without modification of scale.

Good to see the same people around, working and contributing. I've mostly been working on a trading platform written in Python. I don't use any indicators at all for trading now because I'm not sure most really work anyway. I've seen some good indicators written, but the guy is still spending another month or two writing an EA based on them. (5 months so far and each indicator has more lines of code than Phoenix...)

Originally Posted by daraknor

I've only shared the strategy online with people that contributed to PhoenixFund, sort of a perk. I'm waiting on feedback from most of them still. Nobody has found any faults in it.

I'm still contributing to Phoenix, but the bandwagon moved on. We still have profitable settings, but we did have a month or so where I wasn't sure if we had any profitable settings.

Feel free to use the trailing stop code from Phoenix 6 Released, it will automatically use the best stop possible if the broker doesn't allow a closer stop.

For exits, I do really like the ATR. Take a constant value * ATR signal and then use that for exit in pips. When the price in pips collides with the ATR, then you exit. I need to avoid looking at some code I wrote that does that for a bit to make sure I come up with something different if I write it again... copyright agreements and so forth. Very easy to write, very effective. Remember to divide by Point if you want a consistent value usable on USDJPY and other currencies without modification of scale.

Good to see the same people around, working and contributing. I've mostly been working on a trading platform written in Python. I don't use any indicators at all for trading now because I'm not sure most really work anyway. I've seen some good indicators written, but the guy is still spending another month or two writing an EA based on them. (5 months so far and each indicator has more lines of code than Phoenix...)

Originally Posted by Guyver

This version improvements

1. Will trade long and short - just enable switch in the options
2. Time Feature ( nothing fancy - uses whole numbers to open & close orders at specific time and close each with incomming tick)

i just didn't had time to implement trailing stop yet i will as soon as possible there are options here as stated by members so i have to dig inside more.

any errors let me know.


guyver.

Originally Posted by mikejody

What is "PhoenixFund"? What "profitable settings" are you referring to? Some Phoenix settings, or for this thread? What is Phoenix trailing stop and where can we get it? Are you referring to the EA that was posted a few posts above, or one that someone else is working on?

Sorry to be so dense, but I am wondering if you maybe posted in the wrong thread?

Originally Posted by stevenali

interesting idea

can it combine with C-TRADER methode?