Phoenix Dax Work In Progress


There is still a little way to go with this code but at the moment it is working well

I have added in the V2 filters mentioned in the previous Phoenix system videos and reworked the stops but the system does need more entry signals at higher time frames

I would also like to have a way of balancing the stop, at the moment it is configured to hang back. This allows for some retracement/consolidation before capturing a larger move but it would be nice to use the steepness of the bars or another indicator to move the stop more rapidly in the case of a more news driven type event so that the average return would be closer to the average MFE

I had considered using lower timeframes for this and on the 5 minute timeframe the longs work well but the shorts were not reliable, at least in initial testing. For the 5 minute tests I have looked to use 100k bars but this is meaning that each back test takes all day

The new file is available here to members

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