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MetaCoder replied Oct 29, 2010Hey vienna, maybe you can get me hired to work with some bankers so I don't have to sling avionics code any more... Can't hurt to ask!
Remember everyone, learn how to set your parameters carefully and several of these EAs should do well for you. ...Basket 14 EA System
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MetaCoder replied Oct 29, 2010Some of you want this to be the ultimate conclusion. Either that, or you think spot forex should make you rich overnight. I believe the truth lies somewhere in between.
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MetaCoder replied Oct 29, 2010NO, but I think some of the thread participants want failure or expect failure, all the while foolishly setting themselves up for failure by using inappropriate account types for the account sizes, or not paying attention to the data being reported.
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MetaCoder replied Oct 29, 2010All is lost. It will never recover. Automatic trading is a cruel hoax.
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MetaCoder replied Oct 29, 2010If you approach even 10% drawdown, it means the balance is too small for the account type or your settings are too aggressive. Frazer has an excellent explanation of this above, which I am pretty sure we've repeated again and again, but we can't ...
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MetaCoder replied Oct 29, 2010Frazer, it's incredibly patient of you to keep explaining the facts about account types and settings, but I believe it's time to let people discover for themselves that they need to become serious students of these things.
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MetaCoder replied Oct 28, 2010Almost +20% in a month. http://bobthoughts.net/Phantom_AddSix_01a.htm
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Phantom 6 System
Started Oct 28, 2010|Trading Systems|1,540 replies
I've noticed a few posts that express difficulty understanding the systems. As a preface, I ...
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MetaCoder replied Oct 28, 2010Can't please everyone that's for sure. At least the EAs continue performing well.
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MetaCoder replied Oct 27, 2010Updates. http://bobthoughts.net/Phantom_AddSix_01a.htm http://bobthoughts.net/Phantom_AddSix_02alt.htm http://bobthoughts.net/Phantom_AddSix_03b.htm http://bobthoughts.net/Phantom_AddSix_03b_IBFX.htm
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MetaCoder replied Oct 27, 2010It takes a while to get one's brain around a many-pair sythetic hedge.
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MetaCoder replied Oct 27, 2010Yes, not cutting the losers is a key difference with the phantoms, plus letting pairs distinquish themselves with the phantom trade technique before we open actual trades.
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MetaCoder replied Oct 27, 2010Resetting the phantom trades near the opening time of each of the three major global trading regions somewhat mimics the effect of opening different instances of the EA at those same times.
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MetaCoder replied Oct 27, 2010Now let's not outsmart ourselves. In a strongly directional market, this would be a surefire way to get into big drawdown, fast. And if we try to outsmart ourselves even further by trying to "detect" that we're in a sideways market so maybe we ...
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MetaCoder replied Oct 27, 2010It's possible, but we don't depend on that to make our money. The pairs do all kinds of things at different times. But always some pairs are moving more than the others. We identify which ones those are and trade them. Pretty simple. One of the ...
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MetaCoder replied Oct 27, 2010It'll round down because the 0 in the call DoubleToStr(UseLots/LotStep,0) eliminates the fractional portion, leaving us with a whole number (integer) to multiply times LotStep. See this is why you guys pay me the big bucks.
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MetaCoder replied Oct 27, 2010Here is a solution to the lotstep issue we see with certain brökers. I think this will work but I haven't tested it for myself yet; please be sure to do so. First, in the Internal Variables section of the EA, declare the variable LotStep as double ...
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