CCFp weekly signals (set and forget basket trading) | Page 412 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

BASKET TRADE Management: Using multiple trade management EA's on basket trades 11 replies

Basket Knights - A Basket Trading Round Table 1,313 replies

Updated CCFp and CFP indis for relative strength trading 55 replies

TMS basket: Dashboard for a basket of MA-Filtered RSI Signals 135 replies

Set it & Forget it GBP and CHF signals... 6 replies

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

CCFp weekly signals (set and forget basket trading)

  • #8,221
  • Jul 6, 2017 7:51am Jul 6, 2017 7:51am
Quoting FxMadness
{quote} You are probably to ignorant to notice it but you are more than 10% as ignorant as you can be a day. Had to think hard about that sentence, must be my ignorant period now....
ignodrunk... ?
Take what you can, give nothing back
  • #8,222
  • Jul 6, 2017 7:56am Jul 6, 2017 7:56am
Quoting Husky77
{quote} ignodrunk... ?
Not yet, still some coding to do.....
A wait, i am never going to use this system to trade so "JACK WHERE ARE YOU....?"
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #8,223
  • Jul 6, 2017 7:57am Jul 6, 2017 7:57am
Quoting jenbols
{quote} yeah nice, you just started with MB and you found a bug that i was not aware of, well done lol ... I just tried what you reported and yes i confirm i typed some letters and came up with some other letters in the Ea comments ... i am normally not aware of those comments as i copy paste them directly onto to the EA comments .. so we need to let xmess know ,, however did you have before another basket under the same magic number ? as i found that when i reset GV variables , and all files in file folder, then the comment stays , but that...
No, this is the first time running the Master Basket EA

I have never entered that as a Comment, it wasn't there when I typed in New York

So, no idea where it came from, I thought it must be the default

I had reset the GVar a few times, using F3 and the Reset button, just to make sure they were clear

Thanks
It takes a lot for me to IGNORE you, but you can try.
  • #8,224
  • Jul 6, 2017 8:01am Jul 6, 2017 8:01am
Quoting braintheboss
Today I will let a tip for Xmess and FxMadness if they are interested. How cffp is a correlation tool and FxMadness had idea of explore an alternative with negative correlation I will add a new way for have 3 options to measure absolute strength ( I think is good mix all ways) Everybody knows arbitrage. If you see both captures you can do something similar but using different pairs with correlation closer 100/-100 ( mirror pairs) {image} {image} The main idea is take difference in movement of that mirror pairs and take an offset about possible real...
If you want to discuss arbitrage trading let's take it to PM.
Could be interesting to forcefully ADD pairs to a basket based on "super" positive or negative correlation even if they are not selected by the indicator.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #8,225
  • Jul 6, 2017 8:10am Jul 6, 2017 8:10am
Quoting FxMadness
{quote} You are probably to ignorant to notice it but you are more than 10% as ignorant as you can be a day. Had to think hard about that sentence, must be my ignorant period now....
I wish I was clever enough to understand what you mean but ignorance is bliss
  • #8,226
  • Jul 6, 2017 8:11am Jul 6, 2017 8:11am
Quoting Erebus
{quote} I know how you feel, but are you still ahead? I found out how to setup 6 CCFp with the new beta EA and gave it a run at New York open Don't worry, this is the demo in my signature It has terrible result because everytime I try something new, the market has another idea Look at GBPNZD, was a buy on every CCFp setting, and yet right at New York it takes a dive??? This oil inventory news coming soon will get the market moving I reckon.... {image}
Yeah,I am still up.just dont like giving it back ! its the long term we need to worry about I suppose,so might give it a rest till next week and see how it goes.
My theory was,using it on daily with a 150 tp/sl was to limit the major draw downs everyone has to just one day.it was working well then got spanked this week.Might need to adopt a 3 strike rule.once 3 negative days then come back next week.That would be in line with forexpinbars original strategy.
Lets keep plugging away !
  • #8,227
  • Jul 6, 2017 8:16am Jul 6, 2017 8:16am
I closed my trades for the week. This is on live micro account
Attached Image (click to enlarge)
Click to Enlarge Name: trade_report_Ww27'2017.png Size: 16 KB

I did not used the EA to trade but manually open the trade based on the signal from the CCFp Indicator at 4:00pm (Malaysia Time, Broker:InstaFX). What I noticed is that the equity dips much more around 7:00pm my time. Will try open trade at 7:00pm next week.
Green Pips to all
  • #8,228
  • Jul 6, 2017 8:18am Jul 6, 2017 8:18am
Quoting FxMadness
{quote} If you want to discuss arbitrage trading let's take it to PM. Could be interesting to forcefully ADD pairs to a basket based on "super" positive or negative correlation even if they are not selected by the indicator.
Ok. Let me this week for develop better the idea...
Try don't lose pants never...
  • #8,229
  • Jul 6, 2017 8:19am Jul 6, 2017 8:19am
Quoting nihilist23uk
{quote} Yeah,I am still up.just dont like giving it back ! its the long term we need to worry about I suppose,so might give it a rest till next week and see how it goes. My theory was,using it on daily with a 150 tp/sl was to limit the major draw downs everyone has to just one day.it was working well then got spanked this week.Might need to adopt a 3 strike rule.once 3 negative days then come back next week.That would be in line with forexpinbars original strategy. Lets keep plugging away !
That's what I forgot to ask you ---

Do you think those baskets ever came back or just too far gone?

Probably too hard to tell now.

The one I posted, it is now about +66 with +92 max after the oil news

Catch ya tomorrow
It takes a lot for me to IGNORE you, but you can try.
  • #8,230
  • Jul 6, 2017 9:10am Jul 6, 2017 9:10am
Quoting FxMadness
{quote} Already in there. I know the names are a bit wrong "low,medium,high" but it started out as ccfp period setting so see it as condition 1, condition 2 and condition 3. "Low" (condition 1) is always on but in addition you can turn 2, 3 and the correlation to be added to the mix. So ccfp condition 1 could be set to weekly FF and condition 2 to ccfp daily TT. All other combinations are possible but 1 is always the leader. If a pair does not pass the 1 conditions it is over. To explain correlation, If you set "Use pair correlation for selection"...
That's really awesome, thank you! Where it says "maximum correlations allowed" and the value is set to 1 by default, does that mean it will only allow 1 correlation per pair?
Truth is like poetry. And most people f*cking hate poetry.
  • #8,231
  • Jul 6, 2017 9:19am Jul 6, 2017 9:19am
Today is the first day that my pips are positive.
I think that the hour of day in opening positions is more effective than others. although other parameters have influence.
  • #8,232
  • Edited 9:43am Jul 6, 2017 9:28am | Edited 9:43am
Quoting mrdfx
{quote} That's really awesome, thank you! Where it says "maximum correlations allowed" and the value is set to 1 by default, does that mean it will only allow 1 correlation per pair?
Yes, default 1 is the minimum in order not to disturb the basket to much.
If Xmess7 adapts his EA you will be better off to do this selection manual.
The indicator will display the correlating pairs and you can manual select to not trade a pair by clicking on the pairs line changing "Buy/Sell" to "Not" .

There is no automation in do or don't trade one of the correlated pairs, that is mostly up to the traders judgement.
External inputs(upcoming news fi) make you choose one of both. The indicator will just eliminate both.

Btw. it will disregard pairs only if you set "Use correlation for selection" to true.
If set to false it will just display the correlated pairs but NOT exclude them.

Do not forget this part of the correlation settings.
Really important to now how correlation works and to combine that (specific period/bars) with the ccfp or strength indicator you are trading.
Attached Image
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #8,233
  • Jul 6, 2017 10:06am Jul 6, 2017 10:06am
Quoting Erebus
{quote} WOW, AWESOME I must have been sleeping to miss that post, I have just that setup actually, the 6 charts part that is So, can't wait for New York and have it all setup on just 1 chart, just WOW, save a lot of juggling with all the settings This is great, thanks for the update!
Dear Erebus:

you didn't fall asleep, Someone let the cat out of the bag LOL.
So as I tell everyone,,, be aware that these are beta versions and do and could have other bugs in them.
Plus I am constantly changing them, the intent is to have designated folks that are tearing them apart to find all the bugs, so we can fix them.

LOL, I was hoping to release a final version bug free... lol but that isn't going to happen, at least not now that everyone is using it LOL.
Our AWESOME IMAGINATION is the true holy grail!
  • #8,234
  • Jul 6, 2017 10:32am Jul 6, 2017 10:32am
Quoting FxMadness
I have to do some work at the header and update process but give it a try. Using the XMess7 basket EA it has no use to de-select pairs on the indicator because the EA does not recognize that and will turn any "Not" into a buy trade. So you can click on the pairs but do not use it. EAX pin support included. You do need the library ! Have fun. {file}
FxMadness:

Lets see if you get this statement...

I will NOT NOT fix the EA to recognize "NOT" as just "NOT" this weekend LOL
Our AWESOME IMAGINATION is the true holy grail!
  • #8,235
  • Jul 6, 2017 10:36am Jul 6, 2017 10:36am
Quoting bmcgowra
Xmess introduced me to this wonderful thread and I have tested it for 3 weeks now and have very good results. First I was put on ignored because I asked for a set file. I have difficulties with the Virtual server though. I cant use the "Close all trades" function. When I press the "close all trades" button I obviously have to syncronize the server, but the trades then stay open? The EA doesnt remember that it should close the trades.. Also if I close the trades manually the server will simply reopen the trades.. Does anyone else use the virtual...

Wow, the vps causes those issues? PM me. if you allow me I can run some tests on your vps to see what is happening...

Peace
J
Our AWESOME IMAGINATION is the true holy grail!
  • #8,236
  • Jul 6, 2017 10:37am Jul 6, 2017 10:37am
I didn't test something like this before. 56%++ with 9.52% DD in two weeks = doubling account in one month !
Attached Image

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 9 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 5 KB
It must come from a need!
  • #8,237
  • Jul 6, 2017 10:38am Jul 6, 2017 10:38am
Quoting stevefx67
Can anyone give me an idea as to what i am doing wrong (cos if I can figure that out I will keep it that way) I have various charts open with different setting ect. Please see below. {image} {image} {image} {image}
I recommend you use 37.7.7 ( http://xm7.info/ea/ccfp_weekly/ ).
37.7.6 has bugs when opening trades
Our AWESOME IMAGINATION is the true holy grail!
  • #8,238
  • Jul 6, 2017 10:43am Jul 6, 2017 10:43am
Quoting nihilist23uk
OK, for the last 4 weeks I have been running 10080 on ff tp 150pip sl 150 pips on daily tokyo open. Every day was a winner at 150pips with only one losing day in every week.account was up over 37% this had a risk of around 5% and suited my risk reward ratio. This week,I have lost 150pips every day...Not sure if I should carry on or leave it till next week... Any advice ? xmess7 ? how was your daily setup going this week ?
No, trading for me this week. US bank holiday .
Based on my tests on a live account (this was for another approach and EA). I had it running for 3 years and it was successful (still is LOL). But one thing would always happen. I would lose like 20-30% once every 3 months or so. Long story short, I found out that the losses were always incurred during a week that either had red news days, or political events, or US/EUR bank holidays.
For this basket approach I have selected to trade only Mon-Wednesday. If any red event or bank holiday falls on one of these days then I do not trade.
Our AWESOME IMAGINATION is the true holy grail!
  • #8,239
  • Jul 6, 2017 10:47am Jul 6, 2017 10:47am
Some little Live Account (2) results this morning, closed only after from an hour from opening_ no SL, only lock step
Having tried the 37.7.6 for 6-8 weeks continuously testing any market condition and the other update of 37.7.6 which had some bugs, i went for the other version and so i got used to it and decided to give it a go ... as soon as seeing the first sign of a good market today
i put it on chart with monthly level 4 and that is what i got ...
Max pips was 300 and resetted after restarting Mt4, and i had a lock step to 100 pips just to try ...
I am not recommending this, and is just to let know that it works on live to, but you gotta have to know what you doing before opening it and watching all charts from the ccfp-df list depending on the level
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Live account 1.jpg Size: 238 KB
Click to Enlarge Name: live account ccfp 2 ML4.jpg Size: 303 KB
Click to Enlarge Name: live account ccfp m4 3.jpg Size: 198 KB
The arriving better than the arrival, the journey has just started
  • #8,240
  • Jul 6, 2017 10:52am Jul 6, 2017 10:52am
Quoting Erebus
{quote} No, this is the first time running the Master Basket EA I have never entered that as a Comment, it wasn't there when I typed in New York So, no idea where it came from, I thought it must be the default I had reset the GVar a few times, using F3 and the Reset button, just to make sure they were clear Thanks
Erebus:
I think you are setting the Set_As_Master_Basket = true, that is why you are getting the misspelled label LOL.
I had discussed this before, will remove that input. It's not needed anymore.
Our AWESOME IMAGINATION is the true holy grail!
6 traders viewing now