Then it looks temporarily better then here in Bonn...

Questions regarding Z12:

I read somewhere here at the forum that Z12 has some kind of intelligence. Meaning its learning from its former trades.

Q: Is this correct and what happens when I restart Z12 or update the Zorro version. Is Z12 than 'dumb' again?


At the moment Z12 has two shorts on USD/CHF. I can't see how they will be going into profit. The asset is already 'down' and when looking at a weekly timeframe I can't see how they will go down so that the stop loss will go break even.

Q: Will Z12 move the SL when the price isn't going nowhere for a given amount of time?

Q: I would like to see the next price level needed for a current trade so that SL is moving BE or at least going closer to the current price.

When I would see that USD/CHF must go down further 150pips to go BE I really would consider closing those trades.


thanks in advance

- Yes, it learns when you activate phantom trades in the .ini file. And yes, any restart makes Z12 dumb again. It's planned to change that in a future Z12 version.

- Depends on the algo. Some algos move the SL even when the price does not move.

- There is not really a price level. SL movement follows a rather complex algorithm.

Thanks for the info jcl.

I did two tests with Z12s. Same slider settings. One with and one without phantom trades:

Margin: 47
Risk: 10

without phantom trades: Annual +326% +62221p Capital: 4494$ Profit: 37981$
with phantom trades : Annual +250% +32506p Capital: 3404$ Profit: 22029$

So I set the margin slider to a value where the Capital is nearly the same as without Phantom trades.

Margin: 72

with phantom trades : Annual +293% +49055p Capital: 4560$ Profit: 32786$


It seems that Z12 has such a good performance that using phantom trades has any positive impact. So the phantom algo says: "Ups the equity curve doesn't look good any more lets suspend real trading and wait till the next profitable phantom trades arise". I think that just at this moment the next profitable real trade is around the corner and waits to be executed (which won't be)!? Conclusion: For Z12 phantom algo eats more profitable trades then it prevents bad trades from being executed?

jcl,

I always subscribed to the view that entries are a small part of trading and that the real money is made in good trade management, i.e knowing when to exit.

Can you share any of the complex stop management with us? Even point us in the right direction, for example:

1) I assume all z1 & z2 algos are symmetrical and all exit on an opposite signal if not stopped out.

2) Are any profit targets used on z2 algos? Again assuming no targets on z1 as they are trend following.

3) Does each algo have a tailored stop & exit tmf or is there sharing of tmfs in the broad trend & counter trend categories?

Yes, all algos are symmetrical. Profit targets are not used. Each algo has an individual exit algorithm.

Hi jcl can you answer my suggestion above also? It's just for my understanding...

WOW. I just rad the manual and found an information a knew already but forgot about:

By the way, the '$' sign in Zorro's messages does not necessarily mean US-Dollar, it stands for the account currency.


So it is a fault on my side to calculate a needed capital of 4000$ into € cause those 4000$ stand for 4000€?

My FXCM account is in €...


I just jumped into my VPS and lowered the margin slider !! *puuuh*


PS: The mistake is on my side but i really must say that using a currency symbol as a placeholder for the current currency is not optimal! Would be better to use any non currency symbol.

Why don't you just hedge them a bit? Then Zorro can go it's way and you can minimize your risk.