Correct lot sizes are found by deciding what you want to use as your "base" lot size, then considering the exchange rates to calculate the right lot size for every pair. Since GBP, CHF and USD all appear twice, pick one of those as your base. For ...

Three Pairs Hedging

Balance, equity and margin are independent of any EA.

Phantom 6 System

Wishing you luck with your strategy and EA! It's one of the most rewarding endeavors I know of.

Basket Trading EA

It's a matter of understanding the difference between balance and equity, not the settings. image I circled balance and equity in red. The balance was below $10,000 because one or more losing trades had been trimmed. The equity number shows what ...

Reverse6

More detail on Phantom6_03a: It seems we would want the EA to be free to take either direction on any pair in the basket. Why limit ourselves to one trade per pair? The main idea there is to keep our margin usage under control. The basket will ...

Phantom 6 System

You're probably looking only at floating profit, not whether current equity is greater than last flat equity. For full closure, current equity must exceed last flat equity by the dollar profit amount.

Reverse6

Worth a try.

Trim6

Friday action can be very fast; we've seen this before, lots.

Reverse6

Thanks for trying the stuff out, danjuma!

Phantom 6 System

Fast market action during closure, then? That can happen. Maybe the broker was widening spr-eads during the action. That can be a nasty thing.

Reverse6

I don't understand. Did you not close all of the trades?

Reverse6

danjuma, I would set up my demo to have the same amount and account type as I plan for a live account. All EA settings the same, etc.

Trim6

In summary, 03 and 03a are meant to catch big runners on both sides of the hedge. Trades can be opened in either direction on both sides of the hedge, NOT just in the directions indicated by the phantom trades. Version 03 will let multiple trades to ...

Phantom 6 System

Version 03a: Same as 03 but it only allows a trade to be opened if no trade already exists for that pair.

Phantom 6 System

Version 03 adds a trade to the biggest winning phantom pair among the six pairs, and it also adds a trade to the biggest losing phantom pair in the opposite direction of the phantom. This way, we will catch the biggest runner with one of these two ...

Phantom 6 System

I suggest you not go live until you have demo-traded the EAs for a good long time. You will want to understand as much as you possibly can before taking these live. When the EA takes an action you don't understand, it means you don't know the ...

Trim6

I don't like excessive trimming. Trim_01a has the condition MathAbs(BiggestLoserPL) >= 0.5 * BiggestWinnerPL to filter out the reversals that occur shortly after a phantom reset in the midst of strong action that quickly groups the two sets of ...

Trim6

I don't like excessive reversals. Reverse6_01a has the condition MathAbs(BiggestLoserPL) >= 0.5 * BiggestWinnerPL to filter out the reversals that occur shortly after a phantom reset in the midst of strong action that quickly groups the two sets of ...

Reverse6

danjuma, profit didn't go over $100. The screen clearly shows that your target is $10,100.00. Think equity, not balance. But, of course you are free to close the trades manually. I suggest turning off the EA before doing that.

Reverse6

I don't like excessive trimming. Phantom6_02a has the condition MathAbs(BiggestLoserPL) >= 0.5 * BiggestWinnerPL to filter out the trims that occur shortly after a phantom reset in the midst of strong action that quickly groups the two sets of ...

Phantom 6 System