I am considering to use DB_CCFP_Diff.ex4 on real account would be separate into 2 baskets according to news events:
This concept hinged upon this principal: news time short tf rules, no news long tf rules.
Basket #1: no news trade at session opening [all pairs]
This concept hinged upon this principal: news time short tf rules, no news long tf rules.
Basket #1: no news trade at session opening [all pairs]
- candle and MTF CC-Diff setting: H1, H4, D1, level 2, use current = true, use MA
- Open 5-15 minutes after session open, close after 2-4 hours, or hold it until next session.
- Monitor and record down real time P&L after every 15mins to get optimal closing time.
Basket #2: news trade [only open if no pre-news large movement aka news leak movement]
- candle and MTF CC-Diff setting: M1, M5, M15, H1, level 1, use current = true, use Bar
- Open 1 minute before news, close it after 1 hour or hold it until next major news.
- Monitor and record down real time P&L after every 15mins to get optimal closing time.
Above trading rules are still refining. Your constructive recommendations/modifications much appreciated, feel free to test it out and share your results after every session.
I tried to upload .set files but upload not supported, so you have to do it manually follow the rules above with your own mods.
Please test and feedback together here. This first post will be modified/updated from time to time. Like to see more initiative of testers contributing results before proceed further.
Attached File(s)