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CCFp weekly signals (set and forget basket trading)

  • #13,801
  • Jul 19, 2018 4:08pm Jul 19, 2018 4:08pm
Quoting ggtraderbr
@xmess7 Can you tell me which of your sets is being more profitable? The old or the new version? Could you tell me how long you are trading this new version?
Both approaches were profitable. I plan to run that first approach as well. I dont have my notes with me but later on i will give u the posts for that first approach. i think i ran it for about 3 month.. got roughly 10% a week, was close to doubling the account. I think in the last weeks i gota loss.. dont recall..

The current test with mdrfx sertings modified to run on wednesday, started bsck in the last week of May...
Here is the post were i report the first results:
https://www.forexfactory.com/showthr...9#post11133539

This is the post where i report the first image:
https://www.forexfactory.com/showthr...5#post11140405

And of course this is the last post:
https://www.forexfactory.com/showthr...5#post11275135

As u can see the account started with $500..
J
Our AWESOME IMAGINATION is the true holy grail!
  • #13,802
  • Jul 19, 2018 7:18pm Jul 19, 2018 7:18pm
Quoting xmess7
{quote} pipswtd: The lotsize I use is sorta of aggressive. (0.04 lots per $500 of balance) but the only thing I can attest to is that since late april I have only really had 1 -10% loss and a slew of successful trades. I will add that in other conditions I had less then 5% gain due to me closing the basket manually(see profit close profit approach). In addition I am not counting a -5% loss I took two Monday's ago due to an error in the the EA opening a basket at the open of market. So in general MRDfx's preset has been successful. Now the probability...
Hi Jess.
"The lotsize I use is sorta of aggressive. (0.04 lots per $500 of balance)" ----> Hmm.., so what's the moderate lots in your view ?
Thanks for the great sharing!
  • #13,803
  • Jul 19, 2018 7:38pm Jul 19, 2018 7:38pm
Quoting JmYm
{quote} Hi Jess. "The lotsize I use is sorta of aggressive. (0.04 lots per $500 of balance)" ----> Hmm.., so what's the moderate lots in your view ? Thanks for the great sharing!
0.01/1000 is best to start with... you would need to adjjust your tp and sl to lower values.

Moderate, perhaps 01/500?? Maybe, to me it is but to others that stil may be aggressive..

J
Our AWESOME IMAGINATION is the true holy grail!
  • #13,804
  • Jul 19, 2018 8:05pm Jul 19, 2018 8:05pm
Quoting xmess7
{quote} 0.01/1000 is best to start with... you would need to adjjust your tp and sl to lower values. Moderate, perhaps 01/500?? Maybe, to me it is but to others that stil may be aggressive.. J
Yes, Jess. The lower lots per balance, the lower we must set the TP & SL % value.
But 0.01/1000 seems way too low for our goal tho..
I'm not a conservative guy, neither aggressive one. lol
  • #13,805
  • Edited Jul 20, 2018 6:25am Jul 19, 2018 9:14pm | Edited Jul 20, 2018 6:25am
Quoting JmYm
{quote} Yes, Jess. The lower lots per balance, the lower we must set the TP & SL % value. But 0.01/1000 seems way too low for our goal tho.. I'm not a conservative guy, neither aggressive one. lol
Just a suggestion.. I usually start with that and increase it until i find the size and tp/sl i am comfy with...
J
Our AWESOME IMAGINATION is the true holy grail!
  • #13,806
  • Edited Jul 20, 2018 6:25am Jul 19, 2018 9:16pm | Edited Jul 20, 2018 6:25am
Yo Yohec... are u around?? Any progress?? What ya up to with your strat??
Our AWESOME IMAGINATION is the true holy grail!
  • #13,807
  • Jul 19, 2018 9:24pm Jul 19, 2018 9:24pm
Quoting pipswtd
{quote} Hi Jess, Here is the screen shot i took. As i said, i followed all MRDFX accounts, he had them listed in his signature, after the crash they are no longer in his signature. I sure hope he can enlighten us all what happened so everybody can learn from it. {image}
pipswtd:
According to the image he didnt blow the account. He just lost the gain. So he is still in the game.
Blowing an account is have $20k and letting it fall to $500 ( been there done that ).

So he'll be back and probably with a stop lol.

J
Our AWESOME IMAGINATION is the true holy grail!
  • #13,808
  • Jul 19, 2018 9:56pm Jul 19, 2018 9:56pm
Quoting xmess7
Yo Yohec... arwcu around?? Any progress?? What ya up to with your strat??
Yo Jess, I'm still here trading the same strategy. This week I got stopped out on my primary basket at -500 pips but I closed out the second basket at +240 pips with bigger position size. So overall a small loss for the week.

For the year I've had 25 winning weeks and 4 losing weeks.

I've been following your discussion with JmYm regarding position sizing. I noticed neither one of you has mentioned margin requirement. In my case, I have to consider the account size to determine my maximum position size allowed. For example, assuming the position size for my primary basket was 0.02 lots and 0.03 for the secondary basket, and 15 pairs were opened. The margin requirement for the primary basket is about $1200 and about $1800 for the second basket. So I need to have $3000 available in my account to trade the minimum position size for my strat. That is how I determine the maximum position size for my strategy.

Since I live in USA I am limited to 1:50 leverage. With larger leverage, account size can be significantly lower to trade my strategy.
  • #13,809
  • Jul 20, 2018 2:30am Jul 20, 2018 2:30am
I Noticed that H4 is the best for intraday and for scalping, but to reduce high drawdown for swing trading, sure to make H4 and D1 align together.
  • #13,810
  • Jul 20, 2018 4:08am Jul 20, 2018 4:08am
Quoting xmess7
{quote} Yep its the candle colors filter.. if D1 and W1 candles do not match then that pair will be ignored. If u want all pairs on list to be traded just set testCandleColors=false (input is at bottom of list, name may be different) J
Thank you Jess! Do you suggest that I keep that setting on true for safety? Do you have it true or false?

Cheers
  • #13,811
  • Jul 20, 2018 6:08am Jul 20, 2018 6:08am
Quoting Lolaso
{quote} Thank you Jess! Do you suggest that I keep that setting on true for safety? Do you have it true or false? Cheers
Lolaso:
If you are using MRDFX's preset leave it as is. It is part of the approach. Otherwise its up to you whether or not to use the filters. There is only two of them
CandleColors and BBSquezze.

J
Our AWESOME IMAGINATION is the true holy grail!
  • #13,812
  • Jul 20, 2018 6:24am Jul 20, 2018 6:24am
Quoting yohec
{quote} Yo Jess, I'm still here trading the same strategy. This week I got stopped out on my primary basket at -500 pips but I closed out the second basket at +240 pips with bigger position size. So overall a small loss for the week. For the year I've had 25 winning weeks and 4 losing weeks. I've been following your discussion with JmYm regarding position sizing. I noticed neither one of you has mentioned margin requirement. In my case, I have to consider the account size to determine my maximum position size allowed. For example, assuming the position...
yohec:
Good to know your still at it and yes will try your approach soon..

I also live in the US. When using Oanda I try to use as much lotsize as possible. In general , this is how I deal with margin when dealing with the 50:1 situation. Onda has its margin call set at 50%. So your account can fall as much as 50% and that's when trades get closed. So since I know my risk is about 5%-15% (depends on approach or EA I use) I can then use 100% of the margin to use as much lotsize as possible. As long as you manually or thru an EA control your risk to a number that is much less than a 50% loss then you will be ok and you get to use as much lotsize as possible.

For this basket strategy I would simple use an average number of trades and addition of the lotsizes determine the required balance. There is another EA I run on Oanda that creates groups of trades. Since the margin demand is aggressive the lotsizes that are used on the EA allow it to generates on average about 0.2% per day. Not a huge number but this is more suited for large bankrolls.. However this week was interesting. Despite all of the wild movements it has generated just about 2% so far.. nice..

Now I do dabble with maximizing as much as possible the lotsizes for approaches like these under 50:1 conditions. I recall that a couple of months ago articles appeared that indicated the the EUROPEAN market was considering the 50:1 route like what the US had. Who knows it may happen... just got to be ready..
J
Our AWESOME IMAGINATION is the true holy grail!
  • #13,813
  • Edited Jul 21, 2018 10:58pm Jul 20, 2018 11:46pm | Edited Jul 21, 2018 10:58pm
Quoting xmess7
{quote} Both approaches were profitable. I plan to run that first approach as well. I dont have my notes with me but later on i will give u the posts for that first approach. i think i ran it for about 3 month.. got roughly 10% a week, was close to doubling the account. I think in the last weeks i gota loss.. dont recall.. The current test with mdrfx sertings modified to run on wednesday, started bsck in the last week of May... Here is the post were i report the first results: https://www.forexfactory.com/showthr...9#post11133539...

Hi Jess,

Thanks for sharing the nice info.
Do you enable virtual baskets on your setting?

Understand that you also enable trade on Mon and Wed, so you enable 2 EA on 2 chart by using same CMSM setting right?


Thank you.
A
  • #13,814
  • Edited Jul 23, 2018 2:43am Jul 22, 2018 7:33pm | Edited Jul 23, 2018 2:43am
hi J .

Need some advise for same setting of CMSM v17.01 on difference broker. Is this normal ?

Btw what is the difference between CMSM 14.01 and 17.01? Do ever tested with v17.01?

Currently I'm running test with v17.01 on 2 difference broker.

Thanks
A
Attached Image (click to enlarge)
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  • #13,815
  • Jul 22, 2018 7:48pm Jul 22, 2018 7:48pm
Quoting Ancient
hi . Need some advise for same setting of CMSM v17.01 on difference broker. Is this normal ? {image}
Nope. I let rhe EA trade 1 basket on monday and then it will trade another on wednesday. yoi can do this manually by changing the day to trade from monday to wednesday. Or set the trade mode to daily and set the days to trade to monday,wednesday.
Our AWESOME IMAGINATION is the true holy grail!
  • #13,816
  • Jul 23, 2018 1:35am Jul 23, 2018 1:35am
Quoting xmess7
{quote} Nope. I let rhe EA trade 1 basket on monday and then it will trade another on wednesday. yoi can do this manually by changing the day to trade from monday to wednesday. Or set the trade mode to daily and set the days to trade to monday,wednesday.
Thanks for the advice. Forgot there is options to set day for trade.
  • #13,817
  • Jul 23, 2018 2:52am Jul 23, 2018 2:52am
With a upper limit of VB, it did not trigger the RB for today Monday basket - Based on MRDFX preset.
Attached Image
  • #13,818
  • Jul 23, 2018 5:03am Jul 23, 2018 5:03am
Hello friends
I am a new member on this system!
I would like to share my experiences with you
My settings are based on "mrdfx" method
thank you mrdfx !
The first week was really good for me
Hope for better weeks
+102
+111
+100

dear can u give me the settings for the ea
  • #13,819
  • Jul 23, 2018 5:07am Jul 23, 2018 5:07am
Attached Image (click to enlarge)
Click to Enlarge Name: en.PNG Size: 51 KB

Here are my entries this week, had to open manually because EA didn't open them.
  • #13,820
  • Jul 23, 2018 5:19am Jul 23, 2018 5:19am
pls can you gentlemen give a updated summery with the indi and ea version and template thanks indeed
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