(binned per thread starter's request) CCFp-Diff ... Low Risk FIFO | Page 12 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

CCfp-Diff Strategy Entries, filtering, low DD, exits, etc 104 replies

Geko/GiG CCfp-Diff Dashboard 114 replies

CCfp-Diff LIVE Account Trading Journal 50 replies

CCFp or relative strength confusion 5 replies

Why the need for side scroll. w/ diff. time per. 1 reply

Attachments: (binned per thread starter's request) CCFp-Diff ... Low Risk FIFO
Exit Attachments

(binned per thread starter's request) CCFp-Diff ... Low Risk FIFO

  • #221
  • Aug 16, 2017 6:50am Aug 16, 2017 6:50am
Quoting aye4039
And another one... Sorry PIF just a noob but my settings involve tinkering the MAs specifically smoothed and the price open.. loaded these i think before Tokyo Close. {image}
When you say tinkering with the MA, what mods did you do besides changing the method and price, did you adjust the periods as well?

I think this is an interesting mod to change the MA settings, something that hasn't really been explored and opens up a while new world of testing.
Truth is like poetry. And most people f*cking hate poetry.
  • #222
  • Aug 16, 2017 7:02am Aug 16, 2017 7:02am
Hey guys,

Thanks for the thread PayItForward. Was just reading through the whole thread and it looks like we're getting really close to making the most of this strategy. After gathering 2 months of data with single baskets I've come to realise that it was somewhat of a waste as individual baskets don't have the potential compared to combining baskets with different settings as is done in this thread. Anyway, I've changed my settings and have started gathering data using a similar approach to Embry1. 4 baskets(TT,TF,FT,FF) per signal timeframe(4H,1D,1W,1MN) per market open(Tokyo 00:10, London 07:10, NY 12:10) and then 1 that combines all signals and all timeframes for each market open. Using default MA, correlation, duplicate trades on, opposite trades off and combining lots. That's 15 Baskets using only CCfP.

Will look at logging data for shorter time frames using combinations of strength and CC sometime later this week. If anyone has any ideas on settings and combinations, send them my way and I'll start logging and reporting on results every now and then within the thread.

I think there's only so close that we can get to "ideal settings" with forex as conditions are very variable and signal generation and responsiveness can only account for so much.That being said, I'm working on developing some sort of index to rank effectiveness of a basket based on consistency,drawdown and potential. I'll be sharing the results of my analysis periodically once I have data to work with.

Cheers
  • #223
  • Aug 16, 2017 7:06am Aug 16, 2017 7:06am
Wow what a rough day, not so sure why it was so bad today but it was. Both FIFO for TO and LO hit SL. My Embry 1 baskets hit SL for the first time for TO, LO is still open but not very pretty. The only baskets to hit profit were my 60 TF FxM baskets which usually do well when the other daily baskets don't do so well. GBP news basket also hit SL and I think that had a lot to do with the other baskets because it reversed the GBP trend. It figures the day I get all my baskets to open everything goes red lol. One bad day after 7 good ones isn't too bad, just glad I got my basket opening figured out for the most part.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 081617 60 LO.JPG Size: 271 KB
Click to Enlarge Name: 081617 60 TO.JPG Size: 282 KB
  • #224
  • Aug 16, 2017 7:08am Aug 16, 2017 7:08am
Quoting 123david321
Hey guys, Thanks for the thread PayItForward. Was just reading through the whole thread and it looks like we're getting really close to making the most of this strategy. After gathering 2 months of data with single baskets I've come to realise that it was somewhat of a waste as individual baskets don't have the potential compared to combining baskets with different settings as is done in this thread. Anyway, I've changed my settings and have started gathering data using a similar approach to Embry1. 4 baskets(TT,TF,FT,FF) per signal...
Depends on what do you call "potential", do you mean the number of pips ?
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #225
  • Aug 16, 2017 7:34am Aug 16, 2017 7:34am
Quoting FxMadness
{quote} Depends on what do you call "potential", do you mean the number of pips ?
Not necessarily. Consistency as well as drawdown. I still haven't had the time to gather all the data together to have a look at and determine the best way to trade as there was just too much data and it's time consuming extracting from the log. I'm sure there are ways to trade profitably using single baskets(by single baskets I mean signals generated by 1 set of settings) but from roughly skimming over the data I found that there was no consistent up trend in the output over time. There was no consistency in the signals generated. One day you'd get a lot of pips and the next you could potentially lose just as much. Again this isn't taking into consideration potential FIFO opportunities, just day long trading. Looking at Embry1's screenshots over the past week or two, the upside is much larger than the downside in comparison to single baskets and min pips is a much smaller percentage compared to the potential max.
  • #226
  • Aug 16, 2017 7:48am Aug 16, 2017 7:48am
Quoting 123david321
{quote} Not necessarily. Consistency as well as drawdown. I still haven't had the time to gather all the data together to have a look at and determine the best way to trade as there was just too much data and it's time consuming extracting from the log. I'm sure there are ways to trade profitably using single baskets(by single baskets I mean signals generated by 1 set of settings) but from roughly skimming over the data I found that there was no consistent up trend in the output over time. There was no consistency in the signals generated. One day...
Was going to PM this to someone but...

Just win 90% of your (single) baskets for 10 pips a day, get some capital and you will be a millionaire in no time.
And here is the (old) news, that will never work fully automatic !
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #227
  • Aug 16, 2017 7:54am Aug 16, 2017 7:54am
Quoting mrdfx
hey guys, not sure how your to went but none of my baskets hit their tp last night. On the other hand all baskets hit tp for lo.
tokyo open was in dd deep embry and pif on standart set up .
But on london open , embry daily set up went to 80 pips
alex
  • #228
  • Edited 8:11am Aug 16, 2017 7:58am | Edited 8:11am
Here is an idea.

Let's all enter this contest (name obscured, go and puzzle) and test out our strategies.
I am already in, always love a good contest.

"Forex adds eXtra money To my Money stash....... is launching the third Demo Trading Contest on 4 September, 2017 – have you registered yet?
Don’t miss the opportunity to test your skills in a completely risk-free trading environment and win $3,000 of real, withdrawable cash.*"
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #229
  • Aug 16, 2017 8:02am Aug 16, 2017 8:02am
Quoting agagukalex
{quote} tokyo open was in dd deep embry and pif on standart set up . But on london open , embry daily set up went to 80 pips alex
Yeah the day was coming for a SL hit, No worries though. No strategy can win every time we can just hope to win most of the time with a good R:R and you'll be rich. The kink in the plan today was the GBP news reversal I believe.
  • #230
  • Aug 16, 2017 8:04am Aug 16, 2017 8:04am
Quoting agagukalex
{quote} tokyo open was in dd deep embry and pif on standart set up . But on london open , embry daily set up went to 80 pips alex
Lock the signals 2 hours after TO open.
Make sure they are updated so TO +2:01 (i will build a feature into FXM for this "lock basket at ..:..).
Then have a look at LO -1 hour for a reversal or a continuation of the locked pairs and only then take your decision to go with the flow or the reversal.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #231
  • Aug 16, 2017 8:13am Aug 16, 2017 8:13am
Quoting Embry1
{quote} Yeah the day was coming for a SL hit, No worries though. No strategy can win every time we can just hope to win most of the time with a good R:R and you'll be rich. The kink in the plan today was the GBP news reversal I believe.
I think it was "big mouth not very subtle" Mr. Draghi who did that.....
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #232
  • Aug 16, 2017 8:14am Aug 16, 2017 8:14am
Quoting Embry1
{quote} Yeah the day was coming for a SL hit, No worries though. No strategy can win every time we can just hope to win most of the time with a good R:R and you'll be rich. The kink in the plan today was the GBP news reversal I believe.
Embry I tried your tpl settings but at 9:10 GMT . that was +170 when I close it manually (min -70 max 315 pips) May I ask to get good R:R what SL does you imply for LO?
  • #233
  • Aug 16, 2017 8:28am Aug 16, 2017 8:28am
Take a look at these charts.
On the left is CCFPp on the right strength (FXM only).
It looks a bit strange but i set the zero point for all currencies at 07:00 LO open so after that you can see the direction where they moved in today.
Attached Image (click to enlarge)
Click to Enlarge Name: interesting.JPG Size: 144 KB
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #234
  • Aug 16, 2017 8:30am Aug 16, 2017 8:30am
Quoting FxMadness
{quote} I think it was "big mouth not very subtle" Mr. Draghi who did that.....
Yeah Mr. Draghi ruined my streak lol.

Skat: I have not tried 09:10 GMT yet, let me know if that is consistent. I would imagine it was good today because that was after the GBP news. On my LO I'll keep a max SL of 500 pips and a profit lock starting at 350 with a TP of 1000. That's all still up for testing though, last week we had a basket hit 1700 pips and most of the DD was under 300.
  • #235
  • Aug 16, 2017 8:30am Aug 16, 2017 8:30am
So it seems everybody suffered with TO, just goes to show that it doesn't matter what kind of basket you running or testing, or what kind of exotic setting you using, if the market goes against you that's it, you lose.

This is the importance of using a SL to minimize the losses, but the challenge is to find the balance of making your SL wide enough for the basket to breath so it can come back, but also tight enough that if it goes the other way you don't risk losing too much. Having a good R/R is crucial, and Embry1 is right, we can't expect to win all the time but if we can win majority of the time we will be rich.
Truth is like poetry. And most people f*cking hate poetry.
  • #236
  • Aug 16, 2017 8:34am Aug 16, 2017 8:34am
Quoting mrdfx
So it seems everybody suffered with TO, just goes to show that it doesn't matter what kind of basket you running or testing, or what kind of exotic setting you using, if the market goes against you that's it, you lose. This is the importance of using a SL to minimize the losses, but the challenge is to find the balance of making your SL wide enough for the basket to breath so it can come back, but also tight enough that if it goes the other way you don't risk losing too much. Having a good R/R is crucial, and Embry1 is right, we can't expect to...
The good thing about my basket up until today is that the DD has been incredibly low, so with further testing you can get it so tight that the only way you'll lose is if the market goes against you like today, but if your SL was tight anyway it wont hurt as bad.
  • #237
  • Aug 16, 2017 8:39am Aug 16, 2017 8:39am
Very interesting. I think something similar happens at NYO as well.

Quoting FxMadness
Take a look at these charts. On the left is CCFPp on the right strength (FXM only). It looks a bit strange but i set the zero point for all currencies at 07:00 LO open so after that you can see the direction where they moved in today. {image}
  • #238
  • Aug 16, 2017 8:42am Aug 16, 2017 8:42am
"So it seems everybody suffered with TO, just goes to show that it doesn't matter what kind of basket you running or testing, or what kind of exotic setting you using, if the market goes against you that's it, you lose.

This is the importance of using a SL to minimize the losses, but the challenge is to find the balance of making your SL wide enough for the basket to breath so it can come back, but also tight enough that if it goes the other way you don't risk losing too much. Having a good R/R is crucial, and Embry1 is right, we can't expect to win all the time but if we can win majority of the time we will be rich.
It's all about the pips.. Make the pips and the $$$ will follow..
CCFp FIFO Daily (https://www.forexfactory.com/mrdfx#75) Return This Week: -26.1%"

"The good thing about my basket up until today is that the DD has been incredibly low, so with further testing you can get it so tight that the only way you'll lose is if the market goes against you like today, but if your SL was tight anyway it wont hurt as bad.
Embry1 TO (https://www.forexfactory.com/embry1#50) Return This Month: 4.7% "

One says "room to breath so it can come back" and the other "low DD".
Those are opposite statements (and TE results but that is just demo and experimenting).

"Room to breath" in my eyes means that you should not enter those trades at that point off time.
If you would have used another entry point to start trading you probably would not have needed that room.
Jess tried to prevent that by creating the VB.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #239
  • Aug 16, 2017 8:44am Aug 16, 2017 8:44am
Quoting FxMadness
Take a look at these charts. On the left is CCFPp on the right strength (FXM only). It looks a bit strange but i set the zero point for all currencies at 07:00 LO open so after that you can see the direction where they moved in today. {image}
wow !! this is very nice and clear on the right side when action get over on LO ..
Nice work
Alex
  • #240
  • Aug 16, 2017 8:47am Aug 16, 2017 8:47am
Quoting notreally
Very interesting. I think something similar happens at NYO as well. {quote}
CCFp at NY open (or around) aud reversed and jpy/nzd went ballistic.
Attached Image (click to enlarge)
Click to Enlarge Name: Nyopen.JPG Size: 76 KB
I can calculate the movement of stars, but not the madness of men. Isaac N.
0 traders viewing now