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CCFp weekly signals (set and forget basket trading)

  • #11,721
  • Sep 20, 2017 6:58am Sep 20, 2017 6:58am
Quoting bgntrs
after much experimenting, i have concluded single basket trading is the safest and best. below are separate baskets, TF and FF, MA 3/5. TP was set at 40 pips per trade. both hit tp today. single basket trading has been the most consistent for me. {image} {image}
How long have you been trading this setup for? Looks like a sensible approach. Can you kindly share the template.

thanks
  • #11,722
  • Sep 20, 2017 7:32am Sep 20, 2017 7:32am
yeah, i'd like to use your tpl too. For what i have seen in this thread, the most safe and profitable
tpl are the one with single basket and tp of 40-50 pips and manual trade. The rest it's Like a 50/50 (except fxpb and other few of members). So i suggest to forgot for now to make 8000pips in one day and to concentrate on something realistic and who works,and try to make it better for a definitive daily tpl
Quoting Sham81
{quote} How long have you been trading this setup for? Looks like a sensible approach. Can you kindly share the template. thanks
  • #11,723
  • Edited 8:23am Sep 20, 2017 7:58am | Edited 8:23am
Quoting jakefirst89
{quote} I dont not use trail on GVC, but I use profit lock. profit lock, as well on basket sl and tp on GVC is setting up manually depand on the user and measured in cash profit, not pips. For instances if you have $2000 and willing to risk 10% so you will have to set basket sl to $200. Similarly, the profit lock is measured by cash profit and should be set up manually up to six levels. the level and the amount of cash that wanted to be lock is depand on the user. example: lock 1 at level $200 lock amount $100 lock 2 at level $300 lock amount $...
Thanks a lot!
Following the advice I'm trying that setting but this week is not very well so far so I will confirm the workings of this in a few days.
Thanks again for great advice.
Second one is..
I overlooked the column(Stop after this many profitable baskets),so sorry.
  • #11,724
  • Sep 20, 2017 9:27am Sep 20, 2017 9:27am
We've crossed back over from the nether. Maybe a good sign for FOMC. Drawdown was worse for this basket this week than last week with a 500 pip max DD and a 4200 pip max gain. Did not run a Strength basket this week because it had horrible results. Sticking to this basket for my weekly testing, so far the account is up about 40% since I started which isn't too bad.
Attached Image (click to enlarge)
Click to Enlarge Name: 092017 Weekly Update.JPG Size: 273 KB
  • #11,725
  • Edited 7:07pm Sep 20, 2017 10:04am | Edited 7:07pm
Quoting Forexpinbar
{quote} Monthly signals not doing well this month compared to the previous months..Based on that article I posted sometime ago on this thread about the worst trading month being August , another article says the worst is September.. Another one says both August and September are the worst trading months in the year. http://time.com/money/4885699/august...-stock-market/ https://www.cnbc.com/2017/09/04/get-...or-stocks.html
Yeah, my September has been bad, I have only made 3216 pips so far this month. Everybody seems to have evolved this simple idea into how can I make 1,000,000 pips in a week mentality. That's great if that can make you happy and you can realistically trade that without a huge bank account. I don't need millions of pips to make a living at this nor a huge bank account. I guess it is like the fable The Tortoise and The Hare, slow and steady wins the race. My settings are pretty simple, I will try to go off of memory here as I am not at home right now to look at the exact setup. I trade daily. I use the weekly signals. I actually use the older version of the EA version 37.6. Like I said, I am not in front of my computer to look it up. As I said, I trade daily, I use a FF setting with no TP. I use the trailing stop of 100 pips at 50% increasing every 10. I have a stop loss of 350. I open that trade at 9 GMT. Some days I make hundreds, most I make about 70-80.

I also use a TF setting. No TP, trailing stop triggered at 100 pips at 50% increasing every 10 pips. I have a stop loss of 350. Again, some days I make 100s of pips, and most days it is 50-80. This one I open at 00:25 GMT. No particular reason, just to see if it captures the pips I need.

Take this for what you want, I for one don't mind these "bad months" if I can make 3000 pips. I do have bad weeks as well and am still tweaking my settings to find what will work best for me. I only demo this right now but am looking to test it live with a micro account. I have been trading this for about 5 months but at different settings. I have used these settings for about a month now. When I get a chance, I will confirm my settings and try and do some screen shots.
  • #11,726
  • Sep 20, 2017 1:07pm Sep 20, 2017 1:07pm
this week i thought i'd try opening the below baskets on a monday at 9am GMT. They failed within 24 hours. I opened them tuesday at 9am GMT which is when I normally open them and both hit tp today, although one basket did come close to sl. This week is definitely a difficult week.

I have reason to believe opening the baskets at 10am would fair better so will try this next week.

For those asking for tpl, stop being lazy. I've told you the settings, it's one basket for goodness sake. Weekly, default MA, FF one basket, TF the second, level 3.
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  • #11,727
  • Sep 20, 2017 1:34pm Sep 20, 2017 1:34pm
Exactly what I thought! I figured the weekly basket would do well during the FOMC news. Gained about 1000 pips and counting.
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  • #11,728
  • Sep 20, 2017 1:34pm Sep 20, 2017 1:34pm
Thank you to FOMC my weekly baskets took a huge boost. They were doing ok until now but FOMC wowoow.. I'm happy, very happy.
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Truth is like poetry. And most people f*cking hate poetry.
  • #11,729
  • Sep 20, 2017 3:50pm Sep 20, 2017 3:50pm
Quoting mrdfx
Thank you to FOMC my weekly baskets took a huge boost. They were doing ok until now but FOMC wowoow.. I'm happy, very happy. {image} {image} {image}
Hi Mrd , you have Weekly1 with 2 baskets , Weekly2 w/4 baskets ...both with 15 pairs ... which ea or ea's are you using ? Ferru or FXM or a "combo" .
Strength or Ccfp (for fxm) ?. As Embry1 mentioned seems that Strength works better on Monthly and ccfp doing better on Weekly approach ...can you confirm this ? Cheers. Stephan .
  • #11,730
  • Sep 20, 2017 5:31pm Sep 20, 2017 5:31pm
Quoting stefdek
{quote} Hi Mrd , you have Weekly1 with 2 baskets , Weekly2 w/4 baskets ...both with 15 pairs ... which ea or ea's are you using ? Ferru or FXM or a "combo" . Strength or Ccfp (for fxm) ?. As Embry1 mentioned seems that Strength works better on Monthly and ccfp doing better on Weekly approach ...can you confirm this ? Cheers. Stephan .
Hi stefdek I'm using different variations of settings for each basket to test which is better. I have some charts with 2 baskets, 4 baskets, and 8 baskets, each using a combination of CCFp and Strength. Lots of different testing is the only way to know..

I'm using the FXM indicator for all my baskets. It's too soon to tell which setting is better for me as I'm using combinations of the 2 but I will say that I like using the CCFp more for weekly baskets and the Strength for Daily. I have seen good success with only the CCfp used weekly and I still use it. I'm not too sure about monthly as I only started testing recently using CCfp and Strength and its not going so well so far, I'll probably stick to weekly an daily baskets in future.
Truth is like poetry. And most people f*cking hate poetry.
  • #11,731
  • Sep 20, 2017 6:02pm Sep 20, 2017 6:02pm
Hey guys, think I was slightly aggressive for no reason at all earlier...lol. Apologies. Here's the tpl
Attached File(s)
File Type: tpl weeky single ff.tpl   29 KB | 362 downloads
  • #11,732
  • Sep 20, 2017 6:03pm Sep 20, 2017 6:03pm
Quoting mrdfx
{quote} Hi stefdek I'm using different variations of settings for each basket to test which is better. I have some charts with 2 baskets, 4 baskets, and 8 baskets, each using a combination of CCFp and Strength. Lots of different testing is the only way to know.. I'm using the FXM indicator for all my baskets. It's too soon to tell which setting is better for me as I'm using combinations of the 2 but I will say that I like using the CCFp more for weekly baskets and the Strength for Daily. I have seen good success with only the CCfp used weekly...
I do know you have a bunch of testing rolling on .lol...this is good as it seems you have the hardware ok to perform all of these. So, FXM only indi .This is already a clue and this is just fine ... . I was more "FIFO" style on TO and LO ..with very poor results ( flip coin style...even with a VB ) ...RED numbers ... so , I wil look for Weekly settings , and play a little with FXM TTM ( this one ..a bit tricky for someone who have no experience with manual trading) , maybe with a combo of
GVC/Aseme Pin filtering ....just like you are doing ...( but far much less then you are... ) ...

Take care.
  • #11,733
  • Sep 20, 2017 10:27pm Sep 20, 2017 10:27pm
Thanks for sharing your strategy. Do you close the daily trades at the end of the day or let them run until SL or Profit Lock close them?

Quoting ron7276
{quote} Yeah, my September has been bad, I have only made 3216 pips so far this month. Everybody seems to have evolved this simple idea into how can I make 1,000,000 pips in a week mentality. That's great if that can make you happy and you can realistically trade that without a huge bank account. I don't need millions of pips to make a living at this nor a huge bank account. I guess it is like the fable The Tortoise and The Hare, slow and steady wins the race. My settings are pretty simple, I will try to go off of memory here as I am...
  • #11,734
  • Sep 20, 2017 11:59pm Sep 20, 2017 11:59pm
Quoting SGKen
Jess weekly settings are profitable for me this week too. It was opened yesterday and closed when I woke up today at a 10% profit target. Stop loss is also 10%. {image}
Are u using the ole Golden rules? Similar to the ones on pg 1?? OH! how could you? Where are your 10000 baskets? LOL
LOL
Our AWESOME IMAGINATION is the true holy grail!
  • #11,735
  • Sep 21, 2017 12:08am Sep 21, 2017 12:08am
Folks:
Expect an update this weekend or early Friday. Will have some issues with VB and pipcount and etc fixed.

Tnx
Our AWESOME IMAGINATION is the true holy grail!
  • #11,736
  • Sep 21, 2017 12:09am Sep 21, 2017 12:09am
OH yea and for those that need it.
FIFO rules will be added to the trade closing process
Our AWESOME IMAGINATION is the true holy grail!
  • #11,737
  • Sep 21, 2017 12:57am Sep 21, 2017 12:57am
Good point here and worth further testing.
Do you trade both baskets on Mondays too ?

Best regards,
Bubincka

Quoting ron7276
{quote} Yeah, my September has been bad, I have only made 3216 pips so far this month. Everybody seems to have evolved this simple idea into how can I make 1,000,000 pips in a week mentality. That's great if that can make you happy and you can realistically trade that without a huge bank account. I don't need millions of pips to make a living at this nor a huge bank account. I guess it is like the fable The Tortoise and The Hare, slow and steady wins the race. My settings are pretty simple, I will try to go off of memory here as I am...
Porta itineris dicitur longissima esse
  • #11,738
  • Sep 21, 2017 1:48am Sep 21, 2017 1:48am
A bit of satisfaction from classic Weekly setup, only changes with respect to the original are to run it at 09:05 GMT on Tuesday.
Attached Image (click to enlarge)
Click to Enlarge Name: Weekly.jpg Size: 144 KB
Porta itineris dicitur longissima esse
  • #11,739
  • Sep 21, 2017 6:18am Sep 21, 2017 6:18am
Quoting jauhar
Thanks for sharing your strategy. Do you close the daily trades at the end of the day or let them run until SL or Profit Lock close them? {quote}

I let them go. They either hit TP, SL, or end of day. Like the title says "Set and forget".
  • #11,740
  • Sep 21, 2017 6:22am Sep 21, 2017 6:22am
Quoting bubincka
Good point here and worth further testing. Do you trade both baskets on Mondays too ? Best regards, Bubincka {quote}

For sure there needs to be more testing. I use to only trade Tuesday, Wednesday and Thursday. In the last month, I have traded everyday even Fridays. I literally "set and forget". I don't look at news or use any other indicators with this. Risky? Probably but I'm making pips and prior to my 5 months of testing this, I had a hard time pulling in 100 pips in a month, now I seem to get them in a matter of hours. My way is not the holy grail and probably not the best way but it works for me.
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