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Attachments: CCFp weekly signals (set and forget basket trading)
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CCFp weekly signals (set and forget basket trading)

  • #9,041
  • Jul 19, 2017 3:52am Jul 19, 2017 3:52am
Quoting FxMadness
{quote} Cashed in and bought an island ?
Haha won't be surprised
  • #9,042
  • Jul 19, 2017 3:57am Jul 19, 2017 3:57am
Beta 18
http://xm7.info/ea/ccfp_weekly/Beta/

Added input VirtualBounceTrigger to vBaskets section.

If you set this to a number the EA will trigger a virtual Basket using this as a second trigger.
For example.
UseVirtualBasket=True
VirtualLowerTriggerLevel=300
VirtualBounceTrigger =50
With these settings the EA will trigger a real basket after the vBasket has fallen -300 pips and then risen +50 pips from the -300 pips fall (sort of like a bounce, right? lol)

2nd example, this time trigger on the upside:
VirtualUpperTriggerLevel=450
VirtualBounceTrigger =-30
With these settings the EA will trigger a real basket after the vBasket has risen+450 pips and then fallen 30 pips from +450 pips

Leaving VirtualBounceTrigger=0 will set the EA to trigger real baskets using only VirtualUpperTriggerLevel and/or VirtualLowerTriggerLevel

So there you have it...
Next Beta will contain the gradual addition of trades to a basket as they each reach a set trigger level

Enjoy
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #9,043
  • Jul 19, 2017 4:09am Jul 19, 2017 4:09am
Quoting FxMadness
{quote} Cashed in and bought an island ?
Saw he lives at the Gold Coast.. Probably catching a wave as we speak.. :-)
  • #9,044
  • Jul 19, 2017 4:21am Jul 19, 2017 4:21am
Anyone with close and reverse script?
  • #9,045
  • Jul 19, 2017 4:50am Jul 19, 2017 4:50am
Quoting xmess7
Beta 18 http://xm7.info/ea/ccfp_weekly/Beta/ Added input VirtualBounceTrigger to vBaskets section. If you set this to a number the EA will trigger a virtual Basket using this as a second trigger. For example. UseVirtualBasket=True VirtualLowerTriggerLevel=300 VirtualBounceTrigger =50 With these settings the EA will trigger a real basket after the vBasket has fallen -300 pips and then risen +50 pips from the -300 pips fall (sort of like a bounce, right? lol) 2nd example, this time trigger on the upside: VirtualUpperTriggerLevel=450 VirtualBounceTrigger...
Cool idea this one of the bounce well thought jess
The arriving better than the arrival, the journey has just started
  • #9,046
  • Jul 19, 2017 5:25am Jul 19, 2017 5:25am
Quoting FxMadness
I changed the 50 pips fixed profit to 10 pips per pair and the sl to 20 pips per pair (i am a lazy trader). It is not ideal RnR but as long as it keeps hitting the tp most of the time. This was a 4 pair basket just now. You could start trading this way next to FPB's "set and forget" if you get bored watching the same basket for a month !! {image}
Yes that's right approach for SL and TP.. another thing that needs little attention is Over-trading, as you said you open another basket as previous basket hit TP..we can become victim of over trading at some point for example reversal after exhaustion of basket, why not limit to 1/2 baskets per session(Asian,London,US), just an idea.. your thoughts FXM
  • #9,047
  • Jul 19, 2017 5:31am Jul 19, 2017 5:31am
Quoting Skat
{quote} Yes that's right approach for SL and TP.. another thing that needs little attention is Over-trading, as you said you open another basket as previous basket hit TP..we can become victim of over trading at some point for example reversal after exhaustion of basket, why not limit to 1/2 baskets per session(Asian,London,US), just an idea.. your thoughts FXM
I had similar thoughts. Should test maximum baskets per session for several weeks to get an idea..

I had 2 TPs this morning. 1 with +50 pips and one with +80.. I wonder if we should try to move the TP higher than +50
  • #9,048
  • Jul 19, 2017 5:47am Jul 19, 2017 5:47am
Quoting bmcgowra
{quote} I had similar thoughts. Should test maximum baskets per session for several weeks to get an idea.. I had 2 TPs this morning. 1 with +50 pips and one with +80.. I wonder if we should try to move the TP higher than +50
Good to see you have same ideas and results ..Yes 3 to 5 baskets per day are good actually. I also had 1 basket with TP in LO session.. since we use (10 pips TP and 20 pips SL) per pair as of now, we can experiment better R:R, like 13/15 TP and 20 SL per pair..
  • #9,049
  • Jul 19, 2017 6:10am Jul 19, 2017 6:10am
Quoting Skat
{quote} Yes that's right approach for SL and TP.. another thing that needs little attention is Over-trading, as you said you open another basket as previous basket hit TP..we can become victim of over trading at some point for example reversal after exhaustion of basket, why not limit to 1/2 baskets per session(Asian,London,US), just an idea.. your thoughts FXM
Over-trading ?
Woke up this morning and with my first coffee in my hand i just opened a basket.
Boring....
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I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #9,050
  • Jul 19, 2017 6:16am Jul 19, 2017 6:16am
With losses, Wed, Thur, Fri last week, and yesterday, this set-up is now running a negative acct. balance.
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Vincit qui se vincit.
  • #9,051
  • Jul 19, 2017 6:22am Jul 19, 2017 6:22am
Quoting FxMadness
{quote} Over-trading ? Woke up this morning and with my first coffee in my hand i just opened a basket. Boring.... {image}
Nice, but shouldn't TP be 90 pips? SL 180...
  • #9,052
  • Jul 19, 2017 6:46am Jul 19, 2017 6:46am
Quoting Skat
{quote} Nice, but shouldn't TP be 90 pips? SL 180...
I put in fixed 50 because i forgot to reset the EA completely after a couple of asian baskets and beta 16 doesn't work correctly.

You have to understand i am never going to trade this system (well, never say never of course) because i got my own good trading systems in place.
The trading that i do with FXM is just to apply the little knowledge i have to the indicator, test it and try to improve it and come up with a good system for
other users. Call it a hobby for a retired bored man.


Over-trading ?
Only 102 trades since i started ccfp + strength.
That is not that many baskets.
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I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #9,053
  • Jul 19, 2017 6:49am Jul 19, 2017 6:49am
Quoting xmess7
Beta 18 http://xm7.info/ea/ccfp_weekly/Beta/ Added input VirtualBounceTrigger to vBaskets section. If you set this to a number the EA will trigger a virtual Basket using this as a second trigger. For example. UseVirtualBasket=True VirtualLowerTriggerLevel=300 VirtualBounceTrigger =50 With these settings the EA will trigger a real basket after the vBasket has fallen -300 pips and then risen +50 pips from the -300 pips fall (sort of like a bounce, right? lol) 2nd example, this time trigger on the upside: VirtualUpperTriggerLevel=450 VirtualBounceTrigger...
Hi xmess7,

That's really a good idea (bouncing). Fantastic

Benz
  • #9,054
  • Jul 19, 2017 6:54am Jul 19, 2017 6:54am
[Quote = FxMadness; 10100164] {quote} ¿Sobre-negociar? Desperté esta mañana y con mi primer café en mi mano acabo de abrir una canasta. Boring .... {image} [/ quote]
FxMadness Very good.
Which version of EA do you currently use for the basket?
  • #9,055
  • Jul 19, 2017 7:00am Jul 19, 2017 7:00am
Quote
So there you have it...
Next Beta will contain the gradual addition of trades to a basket as they each reach a set trigger level

Jess, that is really a bad idea for a "basket" trader.

Just an example

Initial ccfp 16 selected pairs, 8 fire right away with a target of 20 pips per pair so TP 160 pips.
You are at 159.9 pips with 8 pairs and pair 9 fires pulling you direct away from your target only just by the spread and slippage (and then the turn not 8 but now 9).
Even worse if you set a new tp when the 9th trades is added to 9 x 20 so to 180 pips. O jee, you where so close to the previous target.......

And i can go on with examples, didn't even talked about stop loss.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #9,056
  • Jul 19, 2017 7:01am Jul 19, 2017 7:01am
Quoting fibo38
[Quote = FxMadness; 10100164] {quote} Sobre-negociar? Despert esta maana y con mi primer caf en mi mano acabo de abrir una canasta. Boring .... {image} [/ quote] FxMadness Very good. Which version of EA do you currently use for the basket?
That was beta 16, this morning i switched to beta 17 which does handle the reset correctly.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #9,057
  • Jul 19, 2017 7:10am Jul 19, 2017 7:10am
Quoting luatrader
{quote} Great results...Could you share your settings please? I have been testing this amazing strategy for some weeks, and in my opinion, it gives better results opening the basket at 21:30 GMT on Monday. Thanks to ForexPinbar and Xmess for their wonderful work!
For weekly I am using Weekly FF FT TF with levels from 2,5-10 with Trend Filter On and OFF. Also with previous Weekly and MN candle filter on. Same thing applies for Trend filter off.



My next plan is to try and follow what Forexpinbar once posted here.



#moneyteam
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#moneyteam - on a million dollar mission. Don't tell me I can't - I can
  • #9,058
  • Jul 19, 2017 7:19am Jul 19, 2017 7:19am
Quoting Li0n21
{quote} For weekly I am using Weekly FF FT TF with levels from 2,5-10 with Trend Filter On and OFF. Also with previous Weekly and MN candle filter on. Same thing applies for Trend filter off. My next plan is to try and follow what Forexpinbar once posted here. #moneyteam {image}
Wait, what ?
You have to wait 5 years before you have $1,162,921,504,606,850,000,000.00 (thats rounded to the next 100k), seems a bit long to me.
There must be a faster way.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #9,059
  • Jul 19, 2017 7:30am Jul 19, 2017 7:30am
Quoting FxMadness
{quote} Wait, what ? You have to wait 5 years before you have $1,162,921,504,606,850,000,000.00 (thats rounded to the next 100k), seems a bit long to me. There must be a faster way.
could not find anything that is faster lmao.

My target is 11 months. Hopefully then just maintain a 20k a month. I already doubled my first month. Looking forward to the next month. One step at a time with the a positive attitude with a goal, we can achieve anything.
#moneyteam - on a million dollar mission. Don't tell me I can't - I can
  • #9,060
  • Jul 19, 2017 7:45am Jul 19, 2017 7:45am
Quoting Li0n21
{quote} could not find anything that is faster lmao. My target is 11 months. Hopefully then just maintain a 20k a month. I already doubled my first month. Looking forward to the next month. One step at a time with the a positive attitude with a goal, we can achieve anything.
The world is at our feet so to say.

And booms again, i have to start using lock and trailing.

Ships, this was beta 16 on the template so do not look at the min/max they are not reseted.
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I can calculate the movement of stars, but not the madness of men. Isaac N.
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