Daily CCFp, CC, & strength [with EA XM7-FXM] | Page 145 | Forex Factory

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Attachments: Daily CCFp, CC, & strength [with EA XM7-FXM]
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Daily CCFp, CC, & strength [with EA XM7-FXM]

  • #2,881
  • Oct 1, 2017 4:14am Oct 1, 2017 4:14am
Quoting FxMadness
{quote} I hate to burst your bubble but there is no FXM-4 or FXM_diff4, it does not exists.
Thanx lol, most of us know all that and can see that it was nothing but a name change ...from 3-to-4
problem was when i saw a ccfp-diff having the same values of fxm ... now that was a shock and dont know where it came from, so i deleted it all
and i'd better do my own templates with right indic source and right indi name,,,
Thanx for your contribution on here, the Fxm is cool, but i just wish you hadn't put "UseBarinsteadMA" separated from his Cousin "Use Current"
Anyway no complain your work is great _ Salut
The arriving better than the arrival, the journey has just started
  • #2,882
  • Oct 1, 2017 8:32am Oct 1, 2017 8:32am
Quoting xmess7
{quote} Got it. tomorrow will take a look at each point. I will have question for you cause some of the issue are not clear. But let me try to see if I understand..... so tomorrow will have some questions and maybe answers... Jess
Hello buddy.
I'm still waiting for your questions and advice.
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  • #2,883
  • Oct 1, 2017 8:34am Oct 1, 2017 8:34am
Quoting jenbols
{quote} Thanx lol, most of us know all that and can see that it was nothing but a name change ...from 3-to-4 problem was when i saw a ccfp-diff having the same values of fxm ... now that was a shock and dont know where it came from, so i deleted it all and i'd better do my own templates with right indic source and right indi name,,, Thanx for your contribution on here, the Fxm is cool, but i just wish you hadn't put "UseBarinsteadMA" separated from his Cousin "Use Current" Anyway no complain your work is great _ Salut
You're right, Comrade. We know this.
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  • #2,884
  • Oct 1, 2017 8:40am Oct 1, 2017 8:40am
Some seek to play with words and names. What hates and happy is not important to me. It's important for me to consult, help, and test, and they are helpful in improving the work, they have the right to object. People in loneliness are not useful to us. And it's better to do their job until they are accountable for their work. And do not just be responsible for a particular stratum.
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  • #2,885
  • Oct 1, 2017 8:46am Oct 1, 2017 8:46am
Quoting stefdek
{quote} Ok , maybe it is too brainstorming for me to swap from pip concept to $$$ with "factor" approach ( which in raw is not bad) ... seems that in your example a certain 5$ distance is always kept ..a distance between the actual profit of the basket and the adjusted ( positive) SL . With Xm7 is is quite different while the profits climb the distance is widening ... WITH XM7 If Lock 50% @ 100 pips -----------> 50 pips if I set Step is 50 ... then at 150 pips -----> 50% ------------> 75 pips 200 pips ------> 50% ------------> 100 pips 300 pips...
Added the lock profit step to the basket manager and I have v3 ready to be tested when the market opens

It will work this way :

1- You setup the lock profit you want from the EA settings. Example : 5$
2- You setup the lock profit factor you want from the EA settings. Example : 0.25
3) When the basket's total profit reaches 5$ the Basket SL will move to the lock profit value which is : 5*0.25 = 1.25$
4) No matter what happens next the SL will not change, if the basket went up to 50$ that SL will remain 1.25$ and if the basket drops down to 1.25% then the basket will close on that profit.
5) For now if you want the lock profit to be enabled the trailstop will be auto-disabled as I don't think both should work together

The Future plan once it's tested and known to work properly is to add multiple lock profit steps instead of just 1. So for example first step is to lock 25% when it reaches 5$ and second step is 50% when it reaches 10$ and so on

Since the market is closed there is no way for me to know if this will work properly so will be waiting till tomorrow to release.

If anyone want a copy of the Basket_Manager_v3 anyways to test it pm me
  • #2,886
  • Oct 1, 2017 8:49am Oct 1, 2017 8:49am
Quoting nesta
Hello. UPDATE october 1 I made the weekly update. And all the new Tpls and the 6th Edition series. Mostly optimized. I optimized all tpls. Jens (https://www.forexfactory.com/jenbols) settings based on 15 minutes after the opening of the London market and in fact 07:05 gmt. And I changed a bit. Just the same hour. I run my midterm tpl, either at 23:05 or 00:05. I do not declare in the short-term system and it's free. Everyone can choose and work from 3 tpl of short duration. The new update is currently being released with the beta (https://www.forexfactory.com/xmess7)...
LAST-Version (https://www.forexfactory.com/showthread.php?p=10345684#post10345684)
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  • #2,887
  • Oct 1, 2017 8:54am Oct 1, 2017 8:54am
Quoting Nooby114
{quote} Added the lock profit step to the basket manager and I have v3 ready to be tested when the market opens It will work this way : 1- You setup the lock profit you want from the EA settings. Example : 5$ 2- You setup the lock profit factor you want from the EA settings. Example : 0.25 3) When the basket's total profit reaches 5$ the Basket SL will move to the lock profit value which is : 5*0.25 = 1.25$ 4) No matter what happens next the SL will not change, if the basket went up to 50$ that SL will remain 1.25$ and if the basket drops down to...
I forgot to add that I really think this is maybe the same way the lock profit in XM7 EA works but I'm not sure the only difference I can see is that XM7 EA works with pips while mine works in account balance $

If I missed something and both are different please explain, but anyways will test if it's working and will added multiple lock profit levels then
  • #2,888
  • Oct 1, 2017 9:04am Oct 1, 2017 9:04am
Quoting alextavares
{quote} Sorry, I don't have trade explorer, but there was no drawdown at all, I am thinking about start a live account using this approach get daily midterm basket trades signals on demo account, and start in live account place a buy or sell limit in RDL RDH, if the trade is for buy I will place a limit buy at RDL, if sell limit order RDH using no strategy, no stop loss, only manual buy sell limit, this demo account is growing {image} I think if use the daily mid signals, will have more profit and less risk .since we will go with the trend, Nesta...
Can you please explain further more how you expect this to work with the currency strength stuff we're working on ?

I understand you want to put buy and sell limit orders on fibo levels but I don't understand where does the a certain currency strength or weakness helps here. Do you want to get the general pair strength from say the Daily TF and then open trades when price retraces on lets say H1 before it bounce back up ?
  • #2,890
  • Oct 1, 2017 9:15am Oct 1, 2017 9:15am
Quoting rajancr
{image}{image}
Dear friend.
I do not understand your posts that are related to our system. This system is different and irrelevant to our topic. If you have a suggestion, you must write accurately. The photos you put are a little dumb and unrelated to the subject of the system.
Thanks
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  • #2,892
  • Oct 1, 2017 3:32pm Oct 1, 2017 3:32pm
Quote
but i just wish you hadn't put "UseBarinsteadMA" separated from his Cousin "Use Current"

Jens,

I did that because "usebar" applies to ccfp and cc but not to strength settings.
Attached Image
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #2,893
  • Oct 1, 2017 3:40pm Oct 1, 2017 3:40pm
Fxmadness @= I could only suspect that, but yes it was more because when they are near as text are easy and faster for the eyes to see that's all_
_ i found a way to make sets faster by putting letters so to locate immediately the related sections., thanx for clarifying it_/
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The arriving better than the arrival, the journey has just started
  • #2,894
  • Oct 1, 2017 4:31pm Oct 1, 2017 4:31pm
Quoting Nooby114
{quote} Added the lock profit step to the basket manager and I have v3 ready to be tested when the market opens It will work this way : 1- You setup the lock profit you want from the EA settings. Example : 5$ 2- You setup the lock profit factor you want from the EA settings. Example : 0.25
Hi Nooby , Xm7 EA has also capabilities to set SL-TP-Lock in $$ value in its settings ..using equity percentage . So, I am sorry but I do not see anything new in
your approach.But we all know that you are working hard on a valuable add'on to trailing/BE/ SL functions to take care of the basket once opened....

Keep on with your energy on this ...you are very close.
  • #2,895
  • Oct 1, 2017 7:49pm Oct 1, 2017 7:49pm
Quoting stefdek
{quote} Hi Nooby , Xm7 EA has also capabilities to set SL-TP-Lock in $$ value in its settings ..using equity percentage . So, I am sorry but I do not see anything new in your approach.But we all know that you are working hard on a valuable add'on to trailing/BE/ SL functions to take care of the basket once opened.... Keep on with your energy on this ...you are very close.
Thank you for your kind works But that is what I said before don't you remember ?

I did say that I added trail stop since it was not an option in XM7 EA then you mentioned you expected more settings like how lock profit works and was surprised there was only 1 option for the trailstop.

My reply to you then was that it was already in XM7 but then went on and added it anyways based on your request.

It's ok anyways no big deal but just wanted to point out that I already said this was very close to how XM7 works, here look at those posts and tell me if i missed something or maybe bad communication after all English isn't my native language

https://www.forexfactory.com/showthread.php?p=10341278#post10341278
https://www.forexfactory.com/showthread.php?p=10341290#post10341290
https://www.forexfactory.com/showthread.php?p=10341386#post10341386
  • #2,896
  • Oct 1, 2017 7:55pm Oct 1, 2017 7:55pm
Nesta, I will be trying 4 templates this week and I hope my PC doesn't catch fire rofl
They are exactly with the same settings and all but I'll do just 1 difference from my side.
Instead of opening a trade for each symbol that is recommended by the indicators, I will only open trades form pairs that will be repeated in the indicator suggestions

Like for example if EUR USD Buy appeared only 1 time on one of the suggestions from the indicators in the template I'll not open but if it was repeated like 3-4 times in the other ones I'll open.

Also I changed the times I'll open baskets on, instead of 15m after each session I'll make it 1 hr

Good luck everyone this week
  • #2,897
  • Oct 1, 2017 8:06pm Oct 1, 2017 8:06pm
Quoting Nooby114
Nesta, I will be trying 4 templates this week and I hope my PC doesn't catch fire rofl They are exactly with the same settings and all but I'll do just 1 difference from my side. Instead of opening a trade for each symbol that is recommended by the indicators, I will only open trades form pairs that will be repeated in the indicator suggestions Like for example if EUR USD Buy appeared only 1 time on one of the suggestions from the indicators in the template I'll not open but if it was repeated like 3-4 times in the other ones I'll open. Also I changed...
23:17
00:13
6.5.1
145pips
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  • #2,898
  • Oct 1, 2017 8:40pm Oct 1, 2017 8:40pm
Quoting alextavares
{quote} Sorry, I don't have trade explorer, but there was no drawdown at all, I am thinking about start a live account using this approach get daily midterm basket trades signals on demo account, and start in live account place a buy or sell limit in RDL RDH, if the trade is for buy I will place a limit buy at RDL, if sell limit order RDH using no strategy, no stop loss, only manual buy sell limit, this demo account is growing {image} I think if use the daily mid signals, will have more profit and less risk .since we will go with the trend, Nesta...
Oi Alex , this is not a bad concept ...keep on the good work . I tried to find the indi your are using on best mt4 indi's dot com ...could not find it is this a Donchain channel approach ?? I have never traded manually , so , this is totally new stuff to me. Can you post a link or name the Indi ?
or maybe a mised a clue on your screenschot ?
  • #2,899
  • Oct 2, 2017 2:39am Oct 2, 2017 2:39am
what is the latest update for the filter? tq

Quoting Nooby114
I also have another EA that does that exact same thing as i explained but then use another "Extra Filter" like RSI and MACD for example. The idea is after you get the signal from the FXM Indicator you then go to each pair that got a signal and check the RSI and MACD in the H1 - M30 - M15 - M5 charts The one I'm talking about is the one that uses the extra filter as I explained before, the one with that indicator {image} Do you want that EA too ? If you do it will probably take me a couple of days to clean up the code a bit more
  • #2,900
  • Oct 2, 2017 4:43am Oct 2, 2017 4:43am
Quoting chong444
what is the latest update for the filter? tq {quote}
The indicator that we use as an extra filter was already done sometime ago and today I'll be done with the EA to open basket with the extra filter, should be done in few hours I hope
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