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CCFp weekly signals (set and forget basket trading)

  • #8,381
  • Jul 9, 2017 4:10am Jul 9, 2017 4:10am
Quoting FxMadness
{quote} 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 don't need to play the scenarios in my head, I've already done this manually with good results. The tp reaches much faster so I don't have to worry about trades being added later because most of the time it never even reaches that stage. However this was with a low daily tp target of 200 so can't speak for high tp targets

If I recall correctly, jenbols had a stab at this manually too and liked what he saw.
  • #8,382
  • Jul 9, 2017 4:51am Jul 9, 2017 4:51am
Quoting bgntrs
{quote} I don't need to play the scenarios in my head, I've already done this manually with good results. The tp reaches much faster so I don't have to worry about trades being added later because most of the time it never even reaches that stage. However this was with a low daily tp target of 200 so can't speak for high tp targets If I recall correctly, jenbols had a stab at this manually too and liked what he saw.
If i understand this correctly you want to add trades to the basket to reach the tp faster.
But that means you set a pre established basket tp somehow but how are you going to do that ?

With your idea on the start of the trading hour you have an idea of how many pairs you could be going to trade this session (ccfp indi) but you have no idea how many pairs you are actually going to trade and when the are kicking in.

So a question, suppose ccfp recommends 15 pairs do you set your tp at 15 * 20 pips = 300 while running the risk that only 5 pairs actually reach the threshold and trade leaving them to make 300 / 5 = 60 pips a pair or are you going to set tp a different way ?.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #8,383
  • Jul 9, 2017 5:09am Jul 9, 2017 5:09am
Quoting FxMadness
{quote} If i understand this correctly you want to add trades to the basket to reach the tp faster. But that means you set a pre established basket tp somehow but how are you going to do that ? With your idea on the start of the trading hour you have an idea of how many pairs you could be going to trade this session (ccfp indi) but you have no idea how many pairs you are actually going to trade and when the are kicking in. So a question, suppose ccfp recommends 15 pairs do you set your tp at 15 * 20 pips = 300 while running the risk that only 5...
Ah my friend, no one knows what is a good tp, we must trade for many more months to have a feel of what is a good tp.

But like I said, I used 200 which worked quite well. I'm not sure why you think more trades means easier tp reach, especially when many of those trades might be in minus and never become positive. That is the whole idea, to filter out the 'never become positive' trades.
  • #8,384
  • Jul 9, 2017 5:16am Jul 9, 2017 5:16am
Quoting bgntrs
{quote} It's still basket trading, just trying to remove the bad eggs...lol
agreed, either way, have it as an option to test.

A setting would determine which option to use.

It might be a smaller basket but still a basket it would reduce the risk and should move to TP easier and quicker
  • #8,385
  • Jul 9, 2017 5:38am Jul 9, 2017 5:38am
Guys and Gals I think Jess has fulfilled what was layouted by ForexPinbar first post ,by far. Adding Virtual baskets, individual TP et cetera is way beyond the mission. ForexPinbar suggested a way of trading, Jess is lazy (all programmers should be) and developed a Robot. Now we have a Robot, since long.

Enough is enough, Jess should be left alone. We who uses the latest Robot should PM him bugs. Jess corrects them (if he wants) and we might end up with the Final Robot and preferably the Vanilla version of it ( Vanilla, means a simplified version).

Stop for a while. And start look at your self from the outside. Why do you want to add Virtual, Individual TP/SL or any other kind of stuff? It can be you don't trust ForexPinbars strat and that is fine. Or maybe ForexPinbars strat does not suit you well, also fine. But both ForexPinbar (and others) have done just fine as the Robot where a long time ago. It is just you (me included) who have not.

If this goes on it might end up Jess gets bored about us all (I am guessing not knowing) or we get a total mix between 27 different traders. So Stop know, we have something good here. And we should concentrate more on the usage and angle of attack.

How come Jess can double the account in less then a year (some months) and I'm blowing my account all the time, even when I think I do the same? The solution is not 12.5 new parameters for the Robot, the solution is to ask those question however annoying that might be to Jess, Forexpinbar and others doing well.

Finally, I know people can speak for themselves so this is just my viewpoint and you don't need to agree. My advise is to STOP further development
  • #8,386
  • Jul 9, 2017 7:00am Jul 9, 2017 7:00am
Well said... I suggest we find what works for us and stick with it because traders have different personalities... Find what suits your personality as a trader and stick with it..
Quoting Sandberg
Guys and Gals I think Jess has fulfilled what was layouted by ForexPinbar first post ,by far. Adding Virtual baskets, individual TP et cetera is way beyond the mission. ForexPinbar suggested a way of trading, Jess is lazy (all programmers should be) and developed a Robot. Now we have a Robot, since long. Enough is enough, Jess should be left alone. We who uses the latest Robot should PM him bugs. Jess corrects them (if he wants) and we might end up with the Final Robot and preferably the Vanilla version of it ( Vanilla, means a simplified version)....
Goal of a successful trader is to make the best trades. Money is secondary
  • #8,387
  • Jul 9, 2017 8:32am Jul 9, 2017 8:32am
Quoting Sandberg
Guys and Gals I think Jess has fulfilled what was layouted by ForexPinbar first post ,by far. Adding Virtual baskets, individual TP et cetera is way beyond the mission. ForexPinbar suggested a way of trading, Jess is lazy (all programmers should be) and developed a Robot. Now we have a Robot, since long. Enough is enough, Jess should be left alone. We who uses the latest Robot should PM him bugs. Jess corrects them (if he wants) and we might end up with the Final Robot and preferably the Vanilla version of it ( Vanilla, means a simplified version)....
I concur. Everything is working great, that it thanks to Jesse's great coding and developing skills and also thanks to the very people who constantly reported and continue to report bugs. That being said, Sandberg is correct further development should be halted and instead concentrate on the bugs of the robot. Many people in this thread, including myself had and continue to have great success with this robot.
#moneyteam - on a million dollar mission. Don't tell me I can't - I can
  • #8,388
  • Jul 9, 2017 8:37am Jul 9, 2017 8:37am
NEW THREAD here https://www.forexfactory.com/showthread.php?p=10067166#post10067166 for Geko/GiG CCfp Dashboard EA traders and those interested in using this Dashboard.
Goal of a successful trader is to make the best trades. Money is secondary
  • #8,389
  • Jul 9, 2017 8:40am Jul 9, 2017 8:40am
Quoting Fxentropy
{quote} "Multiple baskets CCfp-Diff Monthly Signals" & "Multiple baskets CCfp-Diff weeklly Signals" Are you using here TF FF FT as well as L2 to L10...? thanks
Exactly.
Goal of a successful trader is to make the best trades. Money is secondary
  • #8,390
  • Jul 9, 2017 9:05am Jul 9, 2017 9:05am
Sandberg, you took my exact thoughts and put them into a clearly defined meaning. I alluded to this very fact several posts back.

I concur completely,
Gary

P.S. Xmess7 is a "superman coder"!!!!!!!!!!
  • #8,391
  • Jul 9, 2017 9:12am Jul 9, 2017 9:12am
Quoting Sandberg
How come Jess can double the account in less then a year (some months) and I'm blowing my account all the time, even when I think I do the same? The solution is not 12.5 new parameters for the Robot, the solution is to ask those question however annoying that might be to Jess, Forexpinbar and others doing well. Finally, I know people can speak for themselves so this is just my viewpoint and you don't need to agree. My advise is to STOP further development
I understand Jess doubled his account in 11 weeks.. I followed his advice and had the same results as him for the past 3 weeks.. Its actually not that difficult if you have discipline and stick to 1 strategy.
  • #8,392
  • Jul 9, 2017 9:13am Jul 9, 2017 9:13am
Quoting xmess7
{quote} s
It's a shame that the VB won't be the same as it used to be
i am here to play BASKET TRADING which is treating all those bunch of pairs as a whole
... I think xmess should do a poll or get people to vote when a new strategy is being proposed
otherwise he'll go mad for all these requests as everyone wants a different version ..

Moreover there should be a policy that when someone is proposing a new strategy
it should be proven on manual too_ An EA it is only reading values from what happens on Real Charts
but if you have records of weeks proving your strategy then it is more than welcome
and could be taken into consideration from jess _

After all this and new Beta 12 update, does it mean the VB won't be the same as before ? Triggering after a certain (-/+ pips)?
That was really successful for me and as i saw for other too_
One favour pls from jess.. could you pls advise which is the version you release where the VB was the traditional way ?
I want use that version only / Thank you

Here is what another Trader had said about updates of his system with a condition_

5) I am not accepting any requests for the coding of any "Holy Grail" EAs that you have dreams about, there are many coders
available to do that for you.

6) Any requests for an proven strategy to be converted into a PIN will be looked at only if it has a proven 6 month track record
and has the proof of performance to go with it. I will not waste my time coding ideas just to see if they work or not, and I don't
have time to read every thread that someone thinks has a strategy that may work as an PIN, only proven strategies will even be considered.
The idea of trading in this thread is to "KIS" by using no more than two indicators in a PIN and where Price Action (PA) is king.


Many of threads i have seen fail and lose interest from others, when too many things are added
and the meaning of keeping it simple disappears... hope won't be the same for this thread _

Quoting Sandberg
Guys ,,,,,,,,,,,,,,,,,t
Well said man !
The arriving better than the arrival, the journey has just started
  • #8,393
  • Jul 9, 2017 9:59am Jul 9, 2017 9:59am
I agree 100%! Watching how the EA has changed from already being very good, and getting results to what it is now, it's changed a lot. I think we all need to remember the basis of this strategy which was "set and forget" and the EA was to be a trade monitor for the CCFp indicator. The whole point is to "KISS" but it has not been the case.

Xmess7 has been really cool and understanding, but by adding almost everyone's request he's been making it more and more complex and complicated each update. We are moving further away from the original strategy IMO, and I don't think there's much more that needs to be added, in fact I think that some features (personal requests) could be actually scratched off entirely. I think it's better to keep testing and finding any potential bugs in the current version to help xmess7 finalize and complete V38.

I've been using a vanilla version for weeks now and its been working great for me without any of these new added features/requests from all the traders here. Lets keep the personal requests to a minimum and let xmess7 finish what is already an amazing EA. Cheers.
Truth is like poetry. And most people f*cking hate poetry.
  • #8,394
  • Jul 9, 2017 10:48am Jul 9, 2017 10:48am
Quoting xmess7
{quote} Folks: I just got back and saw that my basket was automatically closed by the EA. 32.4% at 806 pips, the high pip count was 894 pips. So I got most of the profit for the week. So did any of you have the EA close out your trades? Especially those of u that have Brokers that close 1 hour early? Please let me know, so we can close this part. emonts: LOL!! First of all I am not poor. Second we are up to v30, so 30 different versions LOL. 3rd, you hit it right on the nail!! With some time and more data we will be able to calculate a statistical...
what is the EA version being used, i followed till version 17
  • #8,395
  • Jul 9, 2017 11:14am Jul 9, 2017 11:14am
Quoting Sandberg
Guys and Gals I think Jess has fulfilled what was layouted by ForexPinbar first post ,by far. Adding Virtual baskets, individual TP et cetera is way beyond the mission. ForexPinbar suggested a way of trading, Jess is lazy (all programmers should be) and developed a Robot. Now we have a Robot, since long. Enough is enough, Jess should be left alone. We who uses the latest Robot should PM him bugs. Jess corrects them (if he wants) and we might end up with the Final Robot and preferably the Vanilla version of it ( Vanilla, means a simplified version)....
I do agree 110% on this...
  • #8,396
  • Jul 9, 2017 11:16am Jul 9, 2017 11:16am
Aww so many dashboards and strategies now
Here is what I've been happily testing and
as an overall on what's available atm
Attached Image (click to enlarge)
Click to Enlarge Name: TYPES OF DB EA's CN BE USED WITH CCFP-pic_.jpg Size: 1.2 MB
The arriving better than the arrival, the journey has just started
  • #8,397
  • Jul 9, 2017 12:13pm Jul 9, 2017 12:13pm
Quoting jenbols
Aww so many dashboards and strategies now Here is what I've been happily testing and as an overall on what's available atm {image}
Sisters DD dashboard ???
She did great things but you must be really old....
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #8,398
  • Jul 9, 2017 12:17pm Jul 9, 2017 12:17pm
Quoting FxMadness
{quote} Sisters DD dashboard ??? She did great things but you must be really old....
Yep, sisters if so we can say ..
lol am 38yo, not as young and fresh as you are ihihihih
The arriving better than the arrival, the journey has just started
  • #8,399
  • Jul 9, 2017 12:47pm Jul 9, 2017 12:47pm
Quoting thor68
{quote} 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
The original request was as follows:
1. Create virtual basket at set open hour
2. When vbasket hits some pip total trigger, open real basket
That is all she/he wrote..

This "new" request now involves individual virtual trades pip profit trigger levels.
So as you indicated if this gets implemented the EA will now have two options.
1. Trigger from the vBasket as a WHOLE to produce the real basket
or
2. As each virtual Trade reaches a certain trigger level build the real basket.
Our AWESOME IMAGINATION is the true holy grail!
  • #8,400
  • Jul 9, 2017 12:48pm Jul 9, 2017 12:48pm
Quoting FxMadness
{quote} It makes sense but you are moving further and further away from basket trading in the direction to individual trading.
Total agree... but who am I but just a "coder" LOL
Our AWESOME IMAGINATION is the true holy grail!
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