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CCFp weekly signals (set and forget basket trading)

  • #8,361
  • Jul 8, 2017 4:02pm Jul 8, 2017 4:02pm
Quoting Encody123
{quote} xmess7 this;s tpl xmess7 site have week tpl... can u share u use tpl {image}
That's it. That is exactly what I use.
Read the last post of my weekly updates. . it tells you what I use on the EA and on the ccfp-diff
https://www.forexfactory.com/showthr...31#post9898731

For EA:
TradeMode=Weekly
OpenHour: 11:00GMT
OpenDay = Monday
Lotsize: 0.1lots/$2000 account balance
TP=10%
SL=0 (I check this manually, my overall risk is now -10%)

And yes I was using -15% risk. But observation has shown me that I can use -10% risk and still be ok.
So now I use 10% risk per week. So far I have only had that happen that week you saw... That is the only time I saw -15% in all of the weeks I have been trading this approach. If you think about it. If I had risked -10% that week, it would not made of difference. So that was another reason I lowered it to 10%.
Our AWESOME IMAGINATION is the true holy grail!
  • #8,362
  • Jul 8, 2017 4:05pm Jul 8, 2017 4:05pm
Hi x mess

Will you release the version soon with individual pair virtual basket option?
  • #8,363
  • Jul 8, 2017 5:16pm Jul 8, 2017 5:16pm
Li0n21 i'm also trying to keep monthly baskets open for the whole month, but what mode do i select and on which version. only two options seem to be daily and weekly, and weekly closes all trades on Friday.

please advise, thanks, blam

Quoting Li0n21
Opened Monthly baskets this week on July 5 @ LO and today hit over 5000 in pips. Here are the results. Plan is to keep it open until the end of the month. Trying to see where this will lead us. Will try update you guys weekly on this. Green Pips to all {image}
  • #8,364
  • Jul 8, 2017 5:31pm Jul 8, 2017 5:31pm
Quoting bgntrs
Hi x mess Will you release the version soon with individual pair virtual basket option?
? what? What is that ?
Our AWESOME IMAGINATION is the true holy grail!
  • #8,365
  • Jul 8, 2017 5:36pm Jul 8, 2017 5:36pm
Quoting blamshakk
Li0n21 i'm also trying to keep monthly baskets open for the whole month, but what mode do i select and on which version. only two options seem to be daily and weekly, and weekly closes all trades on Friday. please advise, thanks, blam {quote}
If you are using v37.7.7 or earlier you can tell the EA to ignore the Friday or daily close hours.
Set IgnoreAllCloseHours=true.

If you are using the beta version then just set "-" for bot the Friday and Daily Close hour inputs.
Our AWESOME IMAGINATION is the true holy grail!
  • #8,366
  • Jul 8, 2017 5:37pm Jul 8, 2017 5:37pm
Quoting xmess7
{quote} ? what? What is that ?
where the pair in the VB is only transferred to real basket when it reaches a pip level we specify. so instead of the whole basket being triggered at a certain level, each currency pair individually is triggered. This was discussed a couple of weeks ago and had your attention if i remember correctly?
  • #8,367
  • Jul 8, 2017 5:52pm Jul 8, 2017 5:52pm
Quoting FxMadness
{quote} What is a 'Basket Trade' A basket trade is an order to buy or sell a group of securities simultaneously. Basket trading is essential for institutional investors and investment funds who wish to hold a large number of securities in certain proportions. As cash moves in and out of the fund, large baskets...
Yes, that's nice but we have our own little definition going here

It takes a lot for me to IGNORE you, but you can try.
  • #8,368
  • Jul 8, 2017 6:20pm Jul 8, 2017 6:20pm
Quoting bgntrs
{quote} where the pair in the VB is only transferred to real basket when it reaches a pip level we specify. so instead of the whole basket being triggered at a certain level, each currency pair individually is triggered. This was discussed a couple of weeks ago and had your attention if i remember correctly?
Sorry, I completely forgot. Most of the time I am reading PMs and the thread off of my cell phone. so consequently I don't keep notes and as you probably can imagine, I am getting all kinds of requests, to change this, change that etc.

I think recall what you mentioned and I also recall saying that if it was not to hard to integrate that it would be done. So let me look and see, and if it is a simple code setup then we'll go ahead and add it.
Our AWESOME IMAGINATION is the true holy grail!
  • #8,369
  • Jul 8, 2017 6:31pm Jul 8, 2017 6:31pm
Quoting xmess7
{quote} Sorry, I completely forgot. Most of the time I am reading PMs and the thread off of my cell phone. so consequently I don't keep notes and as you probably can imagine, I am getting all kinds of requests, to change this, change that etc. I think recall what you mentioned and I also recall saying that if it was not to hard to integrate that it would be done. So let me look and see, and if it is a simple code setup then we'll go ahead and add it.
no worries at all. i recall you said the code structure was more or less in place anyway so shouldn't be too hard to integrate.
  • #8,370
  • Jul 8, 2017 7:02pm Jul 8, 2017 7:02pm
Quoting bgntrs
{quote} where the pair in the VB is only transferred to real basket when it reaches a pip level we specify. so instead of the whole basket being triggered at a certain level, each currency pair individually is triggered. This was discussed a couple of weeks ago and had your attention if i remember correctly?
Done! 15 minutes to implement. too!
This update is included in Beta 12

under the Virtual Basket Settings section
Set TradeTransferLevel to either + or - pips. The EA will use that number as a limit to allow a virtual trade into the real basket

For example:
TradeTransferLevel=30 pips ==> EA will only allow virtual trades that are equal or greater than that value to be included when the real basket is opened.
or
TradeTransferLevel=-30 pips ==> EA will only allow virtual trades that are equal or lesser than that value to be included when the real basket is opened.
Our AWESOME IMAGINATION is the true holy grail!
  • #8,371
  • Jul 8, 2017 7:11pm Jul 8, 2017 7:11pm
Quoting xmess7
{quote} Done! 15 minutes to implement. too! This update is included in Beta 12 under the Virtual Basket Settings section Set TradeTransferLevel to either + or - pips. The EA will use that number as a limit to allow a virtual trade into the real basket For example: TradeTransferLevel=30 pips ==> EA will only allow virtual trades that are equal or greater than that value to be included when the real basket is opened. or TradeTransferLevel=-30 pips ==> EA will only allow virtual trades that are equal or lesser than that value to be included when the...
It took you 15 min? I know someone on this thread that could have probably done it in 10 minutes!
  • #8,372
  • Jul 8, 2017 9:02pm Jul 8, 2017 9:02pm
thats brilliant thanks xmess

Quoting xmess7
{quote} If you are using v37.7.7 or earlier you can tell the EA to ignore the Friday or daily close hours. Set IgnoreAllCloseHours=true. If you are using the beta version then just set "-" for bot the Friday and Daily Close hour inputs.
  • #8,373
  • Jul 8, 2017 10:49pm Jul 8, 2017 10:49pm
Quoting xmess7
{quote} Done! 15 minutes to implement. too! This update is included in Beta 12 under the Virtual Basket Settings section Set TradeTransferLevel to either + or - pips. The EA will use that number as a limit to allow a virtual trade into the real basket For example: TradeTransferLevel=30 pips ==> EA will only allow virtual trades that are equal or greater than that value to be included when the real basket is opened. or TradeTransferLevel=-30 pips ==> EA will only allow virtual trades that are equal or lesser than that value to be included when the...
Sorry to be a nuisance but I think that's a little different from what I was thinking.

My idea was that, let's say you have your virtual basket with ten trades. I set my trigger level to 10 pips.

The real basket is open and ready to accept trades from the offset. As each pair in the VB hits 10 pips, it is individually transferred immediately to the real basket.

E.g., EU hits +10 pips and is then transferred to real basket, 10 mins later UJ hits +10 pips and is then transferred and so on.

By the end of the day, there are 7 trades in total in the real basket as 3 pairs failed to reach ten pips in positive each.

Does that make sense?
  • #8,374
  • Jul 9, 2017 12:34am Jul 9, 2017 12:34am
Quoting bgntrs
{quote} Sorry to be a nuisance but I think that's a little different from what I was thinking. My idea was that, let's say you have your virtual basket with ten trades. I set my trigger level to 10 pips. The real basket is open and ready to accept trades from the offset. As each pair in the VB hits 10 pips, it is individually transferred immediately to the real basket. E.g., EU hits +10 pips and is then transferred to real basket, 10 mins later UJ hits +10 pips and is then transferred and so on. By the end of the day, there are 7 trades in total...
You did not specify these conditions . (No worries every requester has done this)

You need clarify a couple points.
1. Does the transfer thing happen till the end of day or is it some specified range of hours or is it until a certain number of pairs are in real basket?
2. Does the EA monitor SL/TP/Lock during the time it is looking to transfer vTrades?
3. If the EA is to monitor SL/TP/Lock and it closes the real basket before End of Day, do we continue looking at the vBasket for new trades?

PEACE
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #8,375
  • Jul 9, 2017 1:22am Jul 9, 2017 1:22am
Quoting xmess7
{quote} You did not specify these conditions . (No worries every requester has done this) You need clarify a couple points. 1. Does the transfer thing happen till the end of day or is it some specified range of hours or is it until a certain number of pairs are in real basket? 2. Does the EA monitor SL/TP/Lock during the time it is looking to transfer vTrades? 3. If the EA is to monitor SL/TP/Lock and it closes the real basket before End of Day, do we continue looking at the vBasket for new trades? PEACE Jess
Jess:

I was under under the impression that the V-Basket acted to include all pairs when reached the threshold. The above is a different look at it and one that I would like to see. Assuming my understanding is correct and you add this additional functionality of looking at the individual pairs to pass the threshold to be included in a real basket, could you add this as an option in additional to my original understanding.

thor68
  • #8,376
  • Jul 9, 2017 2:48am Jul 9, 2017 2:48am
Quoting bgntrs
{quote} Sorry to be a nuisance but I think that's a little different from what I was thinking. My idea was that, let's say you have your virtual basket with ten trades. I set my trigger level to 10 pips. The real basket is open and ready to accept trades from the offset. As each pair in the VB hits 10 pips, it is individually transferred immediately to the real basket. E.g., EU hits +10 pips and is then transferred to real basket, 10 mins later UJ hits +10 pips and is then transferred and so on. By the end of the day, there are 7 trades in total...
It makes sense but you are moving further and further away from basket trading in the direction to individual trading.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #8,377
  • Jul 9, 2017 3:08am Jul 9, 2017 3:08am
Quoting xmess7
{quote} You did not specify these conditions . (No worries every requester has done this) You need clarify a couple points. 1. Does the transfer thing happen till the end of day or is it some specified range of hours or is it until a certain number of pairs are in real basket? 2. Does the EA monitor SL/TP/Lock during the time it is looking to transfer vTrades? 3. If the EA is to monitor SL/TP/Lock and it closes the real basket before End of Day, do we continue looking at the vBasket for new trades? PEACE Jess
1.The transfer period remains for the period you are trading. So if you are day trading then til the end of the day and if weekly trading then til the end of the week.

2. The SL/TP/Lock monitor should run from the moment the first pair is transferred to real basket.

3. If the basket has been closed before the end of the day, then the vbasket should be closed too

You're a legend Jesse
  • #8,378
  • Jul 9, 2017 3:09am Jul 9, 2017 3:09am
Quoting FxMadness
{quote} It makes sense but you are moving further and further away from basket trading in the direction to individual trading.
It's still basket trading, just trying to remove the bad eggs...lol
  • #8,379
  • Jul 9, 2017 3:15am Jul 9, 2017 3:15am
Quoting xmess7
{quote} That's it. That is exactly what I use. Read the last post of my weekly updates. . it tells you what I use on the EA and on the ccfp-diff https://www.forexfactory.com/showthr...31#post9898731 For EA: TradeMode=Weekly OpenHour: 11:00GMT OpenDay = Monday Lotsize: 0.1lots/$2000 account balance TP=10% SL=0 (I check this manually, my overall risk is now -10%) And yes I was using -15% risk. But observation has shown me that I can use -10% risk and still be ok. So now I use 10% risk per week. So far I have only had that happen...
Hi Xmess7,

First of all I want to say a big thank you for all the great work you are doing
Just a quick question, say if the basket is in 6% DD for the day what time would you close it?

Paul.
  • #8,380
  • Edited 4:19am Jul 9, 2017 4:01am | Edited 4:19am
Quoting bgntrs
{quote} It's still basket trading, just trying to remove the bad eggs...lol
Nope, you are trying to add good eggs.

Which will leave you chasing an ever increasing tp with every trade added.
They tricky part here will always be that when you start adding trades on a later time the first set of trades that started the basket could already be on the way down (next wave). Again this will your basket dangling and not reaching TP.

Just play those "what if" scenarios in your head.
I can calculate the movement of stars, but not the madness of men. Isaac N.
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