To my findings a Take Profit of 42 and a Stop Loss of 84 is the right combination
for Phoenix. They are part of what I call the balance between settings, timeframe,
Stop Loss and Take Profit. Other people that were testing Phoenix tried to change
Take Profit and Stop Loss and got very different results. They somehow changed
"The Balance"!
The full text of the interview was published on the website of the Automated Trading
Championship 2006 in the News section.
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On the website of the Automated Trading Championship 2006, the interview with Harry Brinkhuis (Hendrick) has been published. Harry gave interesting details about his Expert Advisor, Phoenix, that took the second place according to the Championship First Week results:
To my findings a Take Profit of 42 and a Stop Loss of 84 is the right combination for Phoenix. They are part of what I call the balance between settings, timeframe, Stop Loss and Take Profit. Other people that were testing Phoenix tried to change Take Profit and Stop Loss and got very different results. They somehow changed "The Balance"!
The full text of the interview was published on the website of the Automated Trading Championship 2006 in the News section.
The Automated Trading Championship 2006 is organized by the MetaQuotes Software Corp. and co-sponsored by Spacevision Switzerland SA, FXDD and Interbank FX LLC.