CCFp weekly signals (set and forget basket trading) | Page 636 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

BASKET TRADE Management: Using multiple trade management EA's on basket trades 11 replies

Basket Knights - A Basket Trading Round Table 1,313 replies

Updated CCFp and CFP indis for relative strength trading 55 replies

TMS basket: Dashboard for a basket of MA-Filtered RSI Signals 135 replies

Set it & Forget it GBP and CHF signals... 6 replies

Attachments: CCFp weekly signals (set and forget basket trading)
Exit Attachments

CCFp weekly signals (set and forget basket trading)

  • #12,701
  • Edited 8:57pm Feb 21, 2018 10:35am | Edited 8:57pm
Currency Momentum Strength Meter Indicator = CCFp-Diff (Use Current = true , UseBarInsteadofMA = false ) + Correct MA Formula

Indicator needs human intervention in just three settings.

Attached Image



Trade Level = Default is 2.0.
Trade Level = 2.0 means , find the strength levels that are Equal or Greater Than AbsoluteValue(2.0) , match the currencies that are opposite colors, and give suggestions in accordance with that level.

If you increase trade level, there will be less trading suggestions.

Main Time Frame = Daily ,Weekly Or Monthly (same as CFP_Diff Time Frame Setting) Default : Weekly

Prefix & Suffix = For those whose brokers have symbols that contain prefixes & suffixes. If none leave it empty.

Other settings are same with ccfp_diff so leave them as default.
  • #12,702
  • Feb 21, 2018 11:45am Feb 21, 2018 11:45am
Have been watching indy with corrections for about 90 mins. Suggestions have been added and removed, and added again, etc. Indy appears to be working just as it should. Congrats, and thank you grandaevus. Will begin testing tomorrow.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYproM1.png Size: 42 KB
Vincit qui se vincit.
  • #12,703
  • Edited 12:20pm Feb 21, 2018 12:06pm | Edited 12:20pm
Quoting Pippopotamus
Have been watching indy with corrections for about 90 mins. Suggestions have been added and removed, and added again, etc. Indy appears to be working just as it should. Congrats, and thank you grandaevus. Will begin testing tomorrow. {image}
Thank you very much Pippopotamus and sorry about yesterday, You were right and I was wrong.
  • #12,704
  • Feb 21, 2018 12:10pm Feb 21, 2018 12:10pm
Quoting countpips
{quote} Hi MRDFX. I did 145 pips on your strategy today by using the set and template that you provided, but the fxm_diff 3 indicator does not show up in the chart indicators folder so that I can adjust it's settings. There is no indicator there to adjust, just a "txt" printing on the screen, even though the template somehow trades from the missing indicator. I heard that for this to work on some setups, one must have the same EA that was used in the uploaded template. Can you tell me the EA that you were using when you uploaded your template and...
Go to this thread to download the latest FXM indicator which I am using and install it to your indicators folder: https://www.forexfactory.com/showthread.php?t=695101

Then go here to download the latest xm7 EA and install it to your experts folder: http://xm7.info/ea/ccfp_weekly/beta_37_9/

Then after everything is updated and installed try loading the template again. Take note that I rename the last part of the EA version number to WTM, it helps with version updates.
Truth is like poetry. And most people f*cking hate poetry.
  • #12,705
  • Feb 21, 2018 1:03pm Feb 21, 2018 1:03pm
Quoting mrdfx
{quote} Go to this thread to download the latest FXM indicator which I am using and install it to your indicators folder: https://www.forexfactory.com/showthread.php?t=695101 Then go here to download the latest xm7 EA and install it to your experts folder: http://xm7.info/ea/ccfp_weekly/beta_37_9/ Then after everything is updated and installed try loading the template again. Take note that I rename the last part of the EA version number to WTM, it helps with version updates.
Thanks mrdfx. Much appreciated. I'll check it out.
  • #12,706
  • Feb 21, 2018 5:54pm Feb 21, 2018 5:54pm
I've been manually back testing USD/JPY with one rule and have found trading the Daily pretty promising over the course of 3- 5 days. 30 pips - 100 pips theres about.
This should be fun.
thanks,
thjw
  • #12,707
  • Edited Feb 22, 2018 12:05am Feb 21, 2018 8:53pm | Edited Feb 22, 2018 12:05am
Quoting Bomi
{quote} Hi Grandaevus, The indicator is fantastic currently I am using it. Thank you very much. I am using this indi checking on MTHLY, Weekly and Daily. If all three are showing the same currencies than those currencies I usually Buy/sell. Since you have mentioned for Daily/Weekly/Monthly have different ranges can you guide me which ranges I have to select for all three. Appreciated. Bomi
Trade Level = Default is 2.0.
Trade Level = 2.0 means , find the strength levels that are Equal or Greater Than AbsoluteValue(2.0) , match the currencies that are opposite colors, and give suggestions in accordance with that level.

If you increase trade level, there will be less trading suggestions.

In Daily Time frame : Strength levels are usually between [-2 >----< 2] range. If you set a TradingLevel higher than 2.5, probably there won't be any Trading Suggestions since strength levels rarely exceeds -3 / 3 in Daily Time Frame.
In my opinion Ideal Setting for TradeLevel is 2 for Daily Time Frame.

In Weekly & Monthly Time Frame : Strength levels that exceed 4 -5 level are easily seen in these time frames.
I set a trading level 5.5 to filter the weaker trading suggestions.
  • #12,708
  • Feb 22, 2018 5:53am Feb 22, 2018 5:53am
Quoting grandaevus
{quote} Trade Level = Default is 2.0. Trade Level = 2.0 means , find the strength levels that are Equal or Greater Than AbsoluteValue(2.0) , match the currencies that are opposite colors, and give suggestions in accordance with that level. If you increase trade level, there will be less trading suggestions. In Daily Time frame : Strength levels are usually between [-2 >----< 2] range. If you set a TradingLevel higher than 2.5, probably there won't be any Trading Suggestions since strength levels rarely exceeds -3 / 3 in Daily Time Frame. In my opinion...
nice work brother
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 45 KB
twitter: @gettoefl
  • #12,709
  • Feb 22, 2018 6:10am Feb 22, 2018 6:10am
Quoting gettoefl
{quote} nice work brother {image}
Thanks mate.
  • #12,710
  • Feb 22, 2018 6:56am Feb 22, 2018 6:56am
Quoting grandaevus
{quote} Thanks mate.
opened 10am gmt weekly and monthly together level 2 ... 27 hours later closed tp = 25pips/pair
twitter: @gettoefl
  • #12,711
  • Feb 22, 2018 8:51am Feb 22, 2018 8:51am
Quoting gettoefl
{quote} nice work brother {image}
How did you manage to get two on the same screen? When i place two on the same windows one disappears.

Thanks.
  • #12,712
  • Feb 22, 2018 10:50am Feb 22, 2018 10:50am
Quoting c0mputernick
{quote} How did you manage to get two on the same screen? When i place two on the same windows one disappears. Thanks.
When you want to run more than one instance of CMSM , just change their ObjectIdNo so that each one of them have different Id Numbers.

And don't forget to change their X, Y Axis.
  • #12,713
  • Feb 22, 2018 1:15pm Feb 22, 2018 1:15pm
Quoting gettoefl
{quote} opened 10am gmt weekly and monthly together level 2 ... 27 hours later closed tp = 25pips/pair
Do you have TRUE "open new if new trades appear add to basket"?
Anything above the line is an uptrend, below the line is a downtrend.
  • #12,714
  • Feb 22, 2018 4:42pm Feb 22, 2018 4:42pm
This weeks results:
HAD NETWORK ISSUES BOTH TUESDAY AND THURSDAY - Baskets started 5-10 mins late!

No screenshots available this week due to network issues.

TUESDAY
No VB =-54 Max =148 Min =-129
VB =-93 Max=108 Min =-168

WEDNESDAY
No VB =243 Max =340 Min =-22
VB =181 Max=283 Min =-85

THURSDAY
No VB =29 Max =184 Min =-102
VB =25 Max=180 Min =-106

  • #12,715
  • Feb 22, 2018 7:05pm Feb 22, 2018 7:05pm
Quoting grandaevus
{quote} Trade Level = Default is 2.0. Trade Level = 2.0 means , find the strength levels that are Equal or Greater Than AbsoluteValue(2.0) , match the currencies that are opposite colors, and give suggestions in accordance with that level. If you increase trade level, there will be less trading suggestions. In Daily Time frame : Strength levels are usually between [-2 >----< 2] range. If you set a TradingLevel higher than 2.5, probably there won't be any Trading Suggestions since strength levels rarely exceeds -3 / 3 in Daily Time Frame. In my opinion...
Hi Grandaevus,

Thanks for reply. You have explained it very clearly. Now I do understand. I have kept range 4 for daily and that's why it was not showing anything. I usally follow your weekly range of 5.5 which is much more reliable. Appreciated.

Bomi
  • #12,716
  • Feb 23, 2018 4:55am Feb 23, 2018 4:55am
Quoting grandaevus
Currency Momentum Strength Meter Indicator V11.01 for MT4 & MT5 A new momentum strength indicator with the updated ma formula as stated in https://www.mql5.com/en/code/9088 {image} Please also read posts https://www.forexfactory.com/showthr...35569&page=472 Post #9432 https://www.forexfactory.com/showthr...35569&page=473 Post #9442, 9444, 9445, 9448, 9450, 9451, 9453, 9455, 9456, 9457 https://www.forexfactory.com/showthr...35569&page=477...
Hi Grandaevus,
First of all thanks a lot for your fantastic CMSM Indicator.
I have demo account with IC Markets and I am not able to connect CMSM indi with XM7 EA ( have tried version 38, v37.9 ) and both EA's are giving me warning that CMSM is not rcognized by XM7 EA.

I see that other traders managed to make it work. What should I do to start this tandem to work together?

Have a lot of green pips
Mike
Attached Image (click to enlarge)
Click to Enlarge Name: CMSM+XM7.PNG Size: 40 KB
  • #12,717
  • Feb 23, 2018 5:55am Feb 23, 2018 5:55am
Quoting miekra
{quote} Hi Grandaevus, First of all thanks a lot for your fantastic CMSM Indicator. I have demo account with IC Markets and I am not able to connect CMSM indi with XM7 EA ( have tried version 38, v37.9 ) and both EA's are giving me warning that CMSM is not rcognized by XM7 EA. I see that other traders managed to make it work. What should I do to start this tandem to work together? Have a lot of green pips Mike {image}
Hi Mike,

Drawn objects showing the strength levels & trade suggestions mean that indicator is working properly.

As far as I know, Jess made the needed changes in code to support CMSM indicator.
  • #12,718
  • Feb 23, 2018 6:31am Feb 23, 2018 6:31am
Quoting grandaevus
{quote} Hi Mike, Drawn objects showing the strength levels & trade suggestions mean that indicator is working properly. As far as I know, Jess made the needed changes in code to support CMSM indicator.
Hi Grandaevus and Jess,
Thanks a lot for fantastic CMSM indicator and EA v.38_beta_2 worked fine.
Previous versions of XM7 EA doesn't recognize CMSM.

Have a great day
Mike
  • #12,719
  • Feb 24, 2018 7:48am Feb 24, 2018 7:48am
Have tried to use v37.7.7 to try out ppwest setting, however encounter the below error (cannot set timer).
Have also searched in this thread, but couldn't find the solution. anyone faced and know how to fix it?
Attached Image (click to enlarge)
Click to Enlarge Name: ccfp error.PNG Size: 19 KB
  • #12,720
  • Feb 25, 2018 1:22am Feb 25, 2018 1:22am
hi friends ...
The results of the last week are :
+100 Pips
-106 Pips
+103 Pips
+116 Pips
+130 Pips
---------------
sum = +343 Pips
Attached Image

Attached Image

Attached Image

Attached Image

Attached Image


Bye
1 trader viewing now