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CCFp weekly signals (set and forget basket trading)

  • #13,421
  • Jun 5, 2018 6:39am Jun 5, 2018 6:39am
Quoting johnsmith2nd
Using grandaevus's strength meter, with yohec's set file + some of my own amendments. Basket opened this morning. 9 pairs.
I'm curious why your basket opened well before 14:10 GMT. Your screenshot shows the current time as 07:31 GMT.

I'm writing this 4 hours after your post and it is still not 14:10 GMT Tuesday.

Did you open the basket manually?
  • #13,422
  • Edited 7:35am Jun 5, 2018 6:59am | Edited 7:35am
I will definitely use the lock -profits command - from 581 pips down to 74...
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  • #13,423
  • Jun 5, 2018 7:45am Jun 5, 2018 7:45am
Quoting wp3vv
I will definitely use the lock -profits command - from 581 pips down to 74...
How do you get the green Pip Gain chart to plot like you show in your screenshot?
  • #13,424
  • Jun 5, 2018 8:06am Jun 5, 2018 8:06am
Quoting yohec
{quote} I'm curious why your basket opened well before 14:10 GMT. Your screenshot shows the current time as 07:31 GMT. I'm writing this 4 hours after your post and it is still not 14:10 GMT Tuesday. Did you open the basket manually?
I did
  • #13,425
  • Jun 5, 2018 8:14am Jun 5, 2018 8:14am
Quoting johnsmith2nd
{quote} I did
Lol. Just checking that it was not an EA malfunction since I am going to start using v40.71 this week
  • #13,426
  • Jun 5, 2018 8:21am Jun 5, 2018 8:21am
Quoting yohec
{quote} Lol. Just checking that it was not an EA malfunction since I am going to start using v40.71 this week
However I note VB is set to false which appears contrary to your own strategy? Unless I've missed some alterations in your strategy?
  • #13,427
  • Jun 5, 2018 8:47am Jun 5, 2018 8:47am
Quoting johnsmith2nd
{quote} However I note VB is set to false which appears contrary to your own strategy? Unless I've missed some alterations in your strategy?
On Tuesday 14:10 GMT I open 1 Real Basket and 1 Virtual Basket. So it is set to "True" on one and "False" on the other.
  • #13,428
  • Jun 5, 2018 9:15am Jun 5, 2018 9:15am
Quoting yohec
{quote} How do you get the green Pip Gain chart to plot like you show in your screenshot?
Right-Click on the charts - go "properties, colors, bar up(lime) bar down(lime)
  • #13,429
  • Jun 5, 2018 9:20am Jun 5, 2018 9:20am
Quoting yohec
{quote} On Tuesday 14:10 GMT I open 1 Real Basket and 1 Virtual Basket. So it is set to "True" on one and "False" on the other.
Got it, so your essentially running two EAs one with VB on and other with VB off.
Cheers
  • #13,430
  • Jun 5, 2018 9:28am Jun 5, 2018 9:28am
Quoting yohec
{quote} How do you get the green Pip Gain chart to plot like you show in your screenshot?
I f you're talking about the trade monitor showing translucent, that happens when you plot price, Like I have there. I don't like to hide price feels weird to me.
  • #13,431
  • Jun 5, 2018 10:04am Jun 5, 2018 10:04am
Quoting wp3vv
{quote} I f you're talking about the trade monitor showing translucent, that happens when you plot price, Like I have there. I don't like to hide price feels weird to me.
Thanks.

What I'm going to start doing (I wish I had started months ago) is logging the Pip count from Monday London open all the way to Friday New York close. I will then create a chart with all of these curves overlaid on top of each other. What I'm looking for is to see if there is a time of the week that consistently sees the highest and the lowest pip counts. This information may help select optimum times for opening and closing of baskets.

That is why I selected Tuesday 14:10 GMT as the best opening time for my baskets. Unfortunately this time is based only on my observations, without the actual data to back this.

I only learned about the Log to File Pipcount function in the EA. I thought I had read every single post in this thread.
  • #13,432
  • Jun 5, 2018 4:15pm Jun 5, 2018 4:15pm
Opened Real Basket and VB at 14:10 GMT, Tuesday. VB triggered Real Basket at -300 pips at 21:00 GMT.

SL is set at -500 pips for each basket.
  • #13,433
  • Jun 6, 2018 12:36am Jun 6, 2018 12:36am
Quoting yohec
{quote} Thanks. What I'm going to start doing (I wish I had started months ago) is logging the Pip count from Monday London open all the way to Friday New York close. I will then create a chart with all of these curves overlaid on top of each other. What I'm looking for is to see if there is a time of the week that consistently sees the highest and the lowest pip counts. This information may help select optimum times for opening and closing of baskets. That is why I selected Tuesday 14:10 GMT as the best opening time for my baskets. Unfortunately...
Yohec:
Eventually I plan to try your approach... I will look into adding the feature whereby you can have he EA launch a real basket and a virtual basket at the same time.
This will not be difficult since essentially all of the functions are present, its just that hey are separate..

Take care
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #13,434
  • Jun 6, 2018 3:21am Jun 6, 2018 3:21am
It appears my basket has been stopped out.
It would seem profit lock was activated at 300 pips, then SL was activated after basket began to lose pips.
So it's captured a neat 278 pips for this week.
First time getting back into CCFp after long hiatus. I used grandaevus's CMSM 14.01, default settings. I know there are a few (mrdfx) who's experimented a bit with his settings, but so far the default has been promising.
There was an initial drawdown of -192 pips, so in this instance a VB could have been beneficial to avoid the risk.

@yohec, I note that you've got fixed SL's as opposed to the SL with ATR. Have you found the fixed SL provides a more consistent base for capturing pips? Less is more etc...
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  • #13,435
  • Jun 6, 2018 7:38am Jun 6, 2018 7:38am
Quoting johnsmith2nd
@yohec, I note that you've got fixed SL's as opposed to the SL with ATR. Have you found the fixed SL provides a more consistent base for capturing pips? Less is more etc...
I have not tried using SL based on ATR. I haven't really thought about it.
  • #13,436
  • Jun 6, 2018 7:44am Jun 6, 2018 7:44am
Quoting xmess7
{quote} Yohec: Eventually I plan to try your approach... I will look into adding the feature whereby you can have he EA launch a real basket and a virtual basket at the same time. This will not be difficult since essentially all of the functions are present, its just that hey are separate.. Take care Jess
I have been opening baskets in separate accounts. Oanda allow you to create "sub accounts" so it is easy for me.

Since I trade from USA, I have to follow the "First in, First Out (FIFO)" rules. So if I were to open 2 baskets in the same account, then the first basket will have to close first. There will be times when I will prefer to close the second basket first, but I won't be able because of FIFO.
  • #13,437
  • Jun 6, 2018 9:07am Jun 6, 2018 9:07am
Quoting yohec
{quote} I have been opening baskets in separate accounts. Oanda allow you to create "sub accounts" so it is easy for me. Since I trade from USA, I have to follow the "First in, First Out (FIFO)" rules. So if I were to open 2 baskets in the same account, then the first basket will have to close first. There will be times when I will prefer to close the second basket first, but I won't be able because of FIFO.
Same here - it sucks.
I am out for the week - -400 pips - no problem.

The lock in profits function would save me from going red.
  • #13,438
  • Jun 6, 2018 9:16am Jun 6, 2018 9:16am
Quoting wp3vv
{quote} Same here - it sucks. I am out for the week - -400 pips - no problem. The lock in profits function would save me from going red.
My primary basket hit SL of -500 pips. My second basket is still open, currently at -180 pips.
  • #13,439
  • Jun 6, 2018 9:38am Jun 6, 2018 9:38am
Quoting yohec
{quote} My primary basket hit SL of -500 pips. My second basket is still open, currently at -180 pips.
Oanda's sub account option is something I will consider - I haven't trade live with them since 2007.

johnsith2nd got on the green using lock in profits. That is something I need to incorporate at least in this EA. I don't trade forex.
  • #13,440
  • Jun 6, 2018 9:45am Jun 6, 2018 9:45am
This is a test - using CMSM Indicator -

Everything looks green - that's odd!!
well. let's see what happens.
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