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CCFp weekly signals (set and forget basket trading)

  • #11,521
  • Sep 1, 2017 5:03pm Sep 1, 2017 5:03pm
Update on vBasket operation (using beta 44)

It turns out that when the FXMadness indicators are used the EA records empty strings for those baskets that have no suggested pairs.
So when virtual basket was calculating profit per pair, those empty strings were somehow associated to prices. Sine the empty string had no originating price the calculation of profit yielded HUGE pips. This values were added to the other profits (which were normal) and thus you had this HUGE number of PIPS.

The correction to this bug was made and is already in beta 44.

There is still one minor thing that needs to be dealit with. If you set vBasket Hours (hours that vBasket is allowed to run open) the EA , when you attempt to change inputs, that will reset the vBasket to 0. So as long as you do not change your inputs the vBasket will not be reset and work correctly.
For the mean time you can do just that, set your vBasket hours and once the virtual basket opens do not touch it. OR You can set the vBasket hours to 0. This will allow you to make changes after the virtual basket is open without being concerned that it will be reset.
In addition if you are not using vBasketHours the EA will close ANY virtual basket that are still open at the end of GMT day (23:59 GMT), so that too will control the length of time that a vBasket is opened.

The root cause is known and in the next update this will be working properly.
Our AWESOME IMAGINATION is the true holy grail!
  • #11,522
  • Sep 1, 2017 5:23pm Sep 1, 2017 5:23pm
Quoting xmess7
Update on vBasket operation (using beta 44) It turns out that when the FXMadness indicators are used the EA records empty strings for those baskets that have no suggested pairs. So when virtual basket was calculating profit per pair, those empty strings were somehow associated to prices. Sine the empty string had no originating price the calculation of profit yielded HUGE pips. This values were added to the other profits (which were normal) and thus you had this HUGE number of PIPS. The correction to this bug was made and is already in beta 44....
A really great thank you for all your relentless work on this EA ...it is your baby ...and your answer time is awesome , patching here and there sometimes from your cell phone lol ...Now with the VB glitch solved , a whole new matrix of tests can go to the lab. Xmess in the name of all here and there .... have a great WE ..Take care. TGIF.
  • #11,523
  • Sep 1, 2017 5:50pm Sep 1, 2017 5:50pm
Quoting xmess7
Update on vBasket operation (using beta 44) It turns out that when the FXMadness indicators are used the EA records empty strings for those baskets that have no suggested pairs. So when virtual basket was calculating profit per pair, those empty strings were somehow associated to prices. Sine the empty string had no originating price the calculation of profit yielded HUGE pips. This values were added to the other profits (which were normal) and thus you had this HUGE number of PIPS. The correction to this bug was made and is already in beta...
The VB i didn't like it, i was not interested to use it, but you put so much effort adjusting those strings and nulls that look like hieroglyphis to me_
I am now ready to try it_
Really you are hard worker and also enjoying what you do. with your contagious enthusiasm
able to captivate our attention and interest.
H.E was right by saying: Happiness in intelligent people is the rarest thing I know
The arriving better than the arrival, the journey has just started
  • #11,524
  • Sep 2, 2017 1:06pm Sep 2, 2017 1:06pm
I have been testing Nesta settings for past 1 week and it was making over 20 to 50% daily. But during news, the baskets end up in huge loss.
For example, On friday, I was testing with a demo account of $200 and using 0.01 as lot size. Everything was completely automatic and there was no manual intervention. It opened continously using virtual basket and a trigger of 100 pip for real baskets. It opened 39 trades in total. All were profitable except for 6 trades. These loss making trades were running at times of news. The profitable trades made a total of $221.79 on an account started with $200 in 1 day. But the 6 loss making baskets made a total loss of $238.42.

I am trying to make set and forget basket trading with minmum manual intervention. What should I when a basket goes negative? Stop trading during news is an option. But it is manually and news needs to be monitored. Another option is to keep a basket stop loss of around 400 pip. 80% baskets never went below -400 pips. What other options do I have to manage the loss?

The attached screenshot shows the time at which baskets opened and closed, max & min pips, Profit/loss.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 70 KB
  • #11,525
  • Sep 2, 2017 1:16pm Sep 2, 2017 1:16pm
Quoting IamJAX
I have been testing Nesta settings for past 1 week and it was making over 20 to 50% daily. But during news, the baskets end up in huge loss. For example, On friday, I was testing with a demo account of $200 and using 0.01 as lot size. Everything was completely automatic and there was no manual intervention. It opened continously using virtual basket and a trigger of 100 pip for real baskets. It opened 39 trades in total. All were profitable except for 6 trades. These loss making trades were running at times of news. The profitable trades made a...
Which template and set file are you testing? Are u using the latest?
Are you using the latest FXMadness indicator?

Thnx
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #11,526
  • Sep 2, 2017 1:55pm Sep 2, 2017 1:55pm
Quoting IamJAX
I have been testing Nesta settings for past 1 week and it was making over 20 to 50% daily. But during news, the baskets end up in huge loss. For example, On friday, I was testing with a demo account of $200 and using 0.01 as lot size. Everything was completely automatic and there was no manual intervention. It opened continously using virtual basket and a trigger of 100 pip for real baskets. It opened 39 trades in total. All were profitable except for 6 trades. These loss making trades were running at times of news. The profitable trades made a...
You cannot run 39 trades with $200 you will get hurt every time. Go open a demo 10k minimum.
  • #11,527
  • Sep 2, 2017 2:13pm Sep 2, 2017 2:13pm
Quoting xmess7
{quote} Which template and set file are you testing? Are u using the latest? Are you using the latest FXMadness indicator? Thnx Jess
I am using Nesta's daily 4.2 with latest FXM Indicators. The nesta's template uses ccfp v2.0 MF and CCFP v2.0 (with Pin) indicators also in addition to FXM.

Nesta's settings are making good profit....always made around 30 to 50% on a day. But during news, they go down a lot.

I was also testing Payitforward's settings. They made less returns. But during news they had less drawdown and all baskets finally closed in profit. On friday Payitforward setting gave a return of 40%.

Quoting claudia1
{quote} You cannot run 39 trades with $200 you will get hurt every time. Go open a demo 10k minimum.
Oops. I meant to say it opened 39 sets of baskets in total the whole day on friday....not 39 trades.

When I start with real account, I plan to start with $200. That is why I am doing all tests on demo account with $200 with 0.01 lot/$200 balance.



I am just trying to figure out what to do when basket goes negative. As for making profit, both nesta and Payitforward are good.
  • #11,528
  • Sep 3, 2017 12:43pm Sep 3, 2017 12:43pm
Quoting IamJAX
{quote} I am using Nesta's daily 4.2 with latest FXM Indicators. The nesta's template uses ccfp v2.0 MF and CCFP v2.0 (with Pin) indicators also in addition to FXM. Nesta's settings are making good profit....always made around 30 to 50% on a day. But during news, they go down a lot. I was also testing Payitforward's settings. They made less returns. But during news they had less drawdown and all baskets finally closed in profit. On friday Payitforward setting gave a return of 40%. {quote} Oops. I meant to say it opened 39 sets of baskets...
39 baskets ! Need an institutional size account to run that - potentially 1092 open trades ...
  • #11,529
  • Edited Sep 4, 2017 3:25am Sep 3, 2017 8:02pm | Edited Sep 4, 2017 3:25am
In regards to weekly baskets, have you guys found any difference in success when opening the basket on Mondays vs Tuesdays?
  • #11,530
  • Edited 9:26am Sep 4, 2017 7:33am | Edited 9:26am
Quoting xmess7
Beta 44 xm7_Ccfp_Wkly_TradeMonitor_v37.7.8_beta_44..ex4 Ok fixed. vBasket is working properly. Please test. Remember this only deals with the vBasket fix. ProfitLock FlipTrades etc will be looked at one at a time. Thnx .
hello, xmess7 and everyone here.
I'm a beneficiary who use your EA from two weeks ago, Thank you for your tireless efforts,

I have a suggestion now. Could you add a function that "Don't trade pairs which include designated currency ______"
I found that
The currency farthest from the CCFP indi. zero line is likely to be reversed, many examples are like the pictures below.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 89 KB
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot4.png Size: 80 KB


So I don't wanna trade it, but i can't do it with your EA & FXM__Diff3.

I think twice, FXM__Diff3 indicator add "Don't trade The currency farthest from the CCFP indi. zero line" is better, because it can calculate automaticly.

JIN XING
  • #11,531
  • Sep 4, 2017 9:26am Sep 4, 2017 9:26am
Quoting kimstar519
{quote} hello, xmess7 and everyone here. I'm a beneficiary who use your EA from two weeks ago, Thank you for your tireless efforts, I have a suggestion now. Could you add a function that "Don't trade pairs which include designated currency ______" I found that The currency farthest from the CCFP indi. zero line is likely to be reversed, many examples are like the pictures below. {image}{image} So I don't wanna trade it, but i can't do it with your EA & FXM__Diff3. JIN XING
There are people that do that. One of them excludes any pairs with NZD and CHF.

What you are asking is already there. In the indicator, there is a check mark beside every pairs. If you uncheck that, it will not be traded.
Everything in the universe is mathematical including fear and greed.
  • #11,532
  • Sep 4, 2017 9:32am Sep 4, 2017 9:32am
Quoting claudia1
{quote} You cannot run 39 trades with $200 you will get hurt every time. Go open a demo 10k minimum.
Oanda allows lots of $1, however, not on their mt4 platform but on their proprietary platform. I tried it for a while. I used to run my indicators on a demo account on their mt4 platform and enter $1 lots on their proprietary.
Everything in the universe is mathematical including fear and greed.
  • #11,533
  • Sep 4, 2017 9:36am Sep 4, 2017 9:36am
Quoting bae67
{quote} There are people that do that. One of them excludes any pairs with NZD and CHF. What you are asking is already there. In the indicator, there is a check mark beside every pairs. If you uncheck that, it will not be traded.
Really so, thank you for your kind of reply.

Please ignore my question~

JIN XING
  • #11,534
  • Sep 4, 2017 9:38am Sep 4, 2017 9:38am
Quoting kimstar519
{quote} hello, xmess7 and everyone here. I'm a beneficiary who use your EA from two weeks ago, Thank you for your tireless efforts, I have a suggestion now. Could you add a function that "Don't trade pairs which include designated currency ______" I found that The currency farthest from the CCFP indi. zero line is likely to be reversed, many examples are like the pictures below. {image}{image} So I don't wanna trade it, but i can't do it with your EA & FXM__Diff3. I think twice, FXM__Diff3 indicator add "Don't trade The currency farthest from...
Firstly the FXM.Diff3 indicator is not created by xmess7 but by FxMadness, and in the FXM indie settings you can exclude selected pairs that you want. Alternatively you can use the CCFp_Diff indicator and in the settings you can set your select pairs that you want to exclude to false.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2017-09-04 at 11.36.06 AM.png Size: 20 KB
Truth is like poetry. And most people f*cking hate poetry.
  • #11,535
  • Sep 4, 2017 9:51am Sep 4, 2017 9:51am
I really want to test this system. Kudos to all the developers and traders who have worked on this. I am just confused with one thing. there are so many diff versions of the indicator available that I am confused which one's to add to mt4. Can someone place all the indicators in one reply?
  • #11,536
  • Sep 4, 2017 10:27am Sep 4, 2017 10:27am
Quoting giveachance
I really want to test this system. Kudos to all the developers and traders who have worked on this. I am just confused with one thing. there are so many diff versions of the indicator available that I am confused which one's to add to mt4. Can someone place all the indicators in one reply?
There are 3 main versions being used currently. The original CCFp-Diff 2.0, then the CCFp-Diff 2.0 MTF, and there is the new FXM-Diff3 version created by FxMadness which includes more options to include like Strength, CC, and BBSqueeze. You can find them by clicking at the top on the paperclip. Which one to use depends on what you prefer and how you will use them.
Truth is like poetry. And most people f*cking hate poetry.
  • #11,537
  • Sep 4, 2017 10:34am Sep 4, 2017 10:34am
Quoting mrdfx
{quote} There are 3 main versions being used currently. The original CCFp-Diff 2.0, then the CCFp-Diff 2.0 MTF, and there is the new FXM-Diff3 version created by FxMadness which includes more options to include like Strength, CC, and BBSqueeze. You can find them by clicking at the top on the paperclip. Which one to use depends on what you prefer and how you will use them.
check some of Jenbols posts, it contains lot of information such as the following posts:

https://www.forexfactory.com/showthr...7#post10207607
https://www.forexfactory.com/showthr...2#post10208502
  • #11,538
  • Sep 4, 2017 11:05am Sep 4, 2017 11:05am
Quoting mrdfx
{quote} There are 3 main versions being used currently. The original CCFp-Diff 2.0, then the CCFp-Diff 2.0 MTF, and there is the new FXM-Diff3 version created by FxMadness which includes more options to include like Strength, CC, and BBSqueeze. You can find them by clicking at the top on the paperclip. Which one to use depends on what you prefer and how you will use them.

Hello MRDFX,

Nice explanations for us! Could be used the 3 indicators in 1 chart?

Thank you Master for conceptual help!!
  • #11,539
  • Sep 4, 2017 11:07am Sep 4, 2017 11:07am
Quoting casaccia
{quote} Hello MRDFX, Nice explanations for us! Could be used the 3 indicators in 1 chart? Thank you Master for conceptual help!!
Yes if you wanted to use all 3 on the same chart sure you can, providing that you use the latest beta version of xmess7's EA.
Truth is like poetry. And most people f*cking hate poetry.
  • #11,540
  • Sep 4, 2017 11:13am Sep 4, 2017 11:13am
Quoting mrdfx
{quote} Yes if you wanted to use all 3 on the same chart sure you can, providing that you use the latest beta version of xmess7's EA.


MRDFX,

Are these indicators appropiate for any time frame? (monthly, weekly and daily)
Are there some preferences for given time frame?

Thank you for your conceptual rescue!!
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