CCFp weekly signals (set and forget basket trading) | Page 714 | 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)

  • #14,261
  • Sep 8, 2018 8:42pm Sep 8, 2018 8:42pm
Quoting Mingteikg
{quote} Yes- for now I’m letting it run without SL TP as I want to have a feeling how much it can go both sides for me to plan the TP and SL this is on demo, while I have mrdfx preset in live
I see. Good method. I think I should do the same test too. Thanks.
  • #14,262
  • Sep 9, 2018 6:26am Sep 9, 2018 6:26am
Quoting steveq
{quote} I see. What is your set level for VB trigger? is it the same in mrdfx set file?
Hi steveq,
I use around 30 pips as VB trigger. I explained my settings in post 14130.
If the number of pairs suggested by the indikator is more then 10 I will set the trigger al little bit higher. I take around 3 pips per pair
so if there were only 5 pairs suggestetd I would set the VB to 15 - 20 pips. But I don't think the VB trigger is as much important as the SL/TP value.
Here comes the advantage of the SL/TP setting calculated by atr. I f the volatility of the basket is higher your target is automatically set higher.
But I am still forward testing with these settings. The last trades where OK but that doesn't mean much.
I tested different settings with the dashboard which I also found here in this thread. I had 8 weeks of good winning trades, little losses. Then
I decided to try it live and I had 6 or 7 days in a row only loosing. In the 8 weeks before I had a maximum of 3 or 4 loosing days in a row. So you see
that even 8 weeks of tsting are not enough to be sure if the system works as expected.
  • #14,263
  • Sep 10, 2018 4:45am Sep 10, 2018 4:45am
Hi Jess and all, today the basket recommended 12 pairs, 6 buy and 6 sell, but the EA only open trade 4 buy pairs. It normally opens all recommended pairs. I am using v41.1 and new set mrdfx set file. Is it normal?
  • #14,264
  • Sep 10, 2018 4:56am Sep 10, 2018 4:56am
Quoting steveq
Hi Jess and all, today the basket recommended 12 pairs, 6 buy and 6 sell, but the EA only open trade 4 buy pairs. It normally opens all recommended pairs. I am using v41.1 and new set mrdfx set file. Is it normal?
i don't know how to see recomend
but my ea only open 4 trade swell
  • #14,265
  • Sep 10, 2018 5:00am Sep 10, 2018 5:00am
Quoting Forexpinbar
This was 2 months ago when I was playing with the CCFp signals and didnt take it seriously..During this time I was testing different basket stop loss and take profit for they system..FYI I didnt enter the signals provided by the Currency dashboard meter you see in the screenshot rather I entered the CCFp weekly signals into the basket to manage my basket positions.I wish us all prosperity with this system as we explore and test it thoroughly.. {image}
Hi Traders,
Please help me who use following EA and chart system. I like to learn. Please help me who use this systems.
Thank you.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Chart.png Size: 86 KB
Click to Enlarge Name: EA.png Size: 147 KB
  • #14,266
  • Sep 10, 2018 5:04am Sep 10, 2018 5:04am
Quoting HengkiTjen
{quote} i don't know how to see recomend but my ea only open 4 trade swell
It's under trade suggestion.

If yours also opened 4 then the EA would work normal then.

Cheers,
Steve
  • #14,267
  • Sep 10, 2018 6:29am Sep 10, 2018 6:29am
Quoting thomas1386
{quote} Hi steveq, I use around 30 pips as VB trigger. I explained my settings in post 14130. If the number of pairs suggested by the indikator is more then 10 I will set the trigger al little bit higher. I take around 3 pips per pair so if there were only 5 pairs suggestetd I would set the VB to 15 - 20 pips. But I don't think the VB trigger is as much important as the SL/TP value. Here comes the advantage of the SL/TP setting calculated by atr. I f the volatility of the basket is higher your target is automatically set higher. But I am still forward...
i have been using vb 30 for months on tue wed thursday only. on some occassions it works well to filter out if the trade will be positive or not. But from my experience.. i dont think vb 30 is good enough. there are days when the market is sideways and it can really hit ur SL most of the time. i am observing using vb 50 or more..
  • #14,270
  • Sep 10, 2018 8:31am Sep 10, 2018 8:31am
Hi Guys,

I am trying to find the post that explains the trail/profit lock operation. I know I read it but I just cannot seem to find it. Can anyone point me to the post (or give me an explanation on how it works).

Thanks in advance
maahome
  • #14,271
  • Sep 10, 2018 8:57am Sep 10, 2018 8:57am
Monday target hit +5.5%. Actually got an extra 0.2% thanks to the GBP spike.

Now we wait for Wednesday.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2018-09-10 at 10.07.05.png Size: 316 KB
Truth is like poetry. And most people f*cking hate poetry.
  • #14,272
  • Sep 10, 2018 9:02am Sep 10, 2018 9:02am
Quoting steveq
Hi Jess and all, today the basket recommended 12 pairs, 6 buy and 6 sell, but the EA only open trade 4 buy pairs. It normally opens all recommended pairs. I am using v41.1 and new set mrdfx set file. Is it normal?
Completely normal. If the indicator is suggesting 12 pairs, then when the EA opens the real basket it will firstly filter the 12 pairs through the Candle Color Trend, and only those pairs that match will be allowed to the real basket.

If only 4/12 pairs opened then that means that 8 pairs did not pass the Candle Color Trend filter.

This filter helps to only allow suggested pairs that are in line with the overall underlying major trend.
Truth is like poetry. And most people f*cking hate poetry.
  • #14,273
  • Sep 10, 2018 9:15am Sep 10, 2018 9:15am
Monday Baskets successful:

Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 78 KB


Attached Image (click to enlarge)
Click to Enlarge Name: Image2.png Size: 62 KB
  • #14,274
  • Sep 10, 2018 9:51am Sep 10, 2018 9:51am
Same thing happened again. Again basket closed on the same day, even though it was set to be closed on Friday. What is wrong with my settings? Please help me.

I have attached her with my set files and screenshot, please help me
Attached Image (click to enlarge)
Click to Enlarge Name: 9-10-2018 8-09-59 PM.jpg Size: 273 KB
Attached File(s)
File Type: txt CCFP_SET_File.txt   2 KB | 150 downloads
File Type: txt Indicator_set_FILE.txt   < 1 KB | 154 downloads
  • #14,275
  • Sep 10, 2018 10:15am Sep 10, 2018 10:15am
Monday basket +7% (got extra 2% due to price movement)

Indicator: CMSM with Level=2
Using MRDFX preset to open Monday/Wednesday
With tp:5% sl:10% lotsize: 0.04/500
Attached Image (click to enlarge)
Click to Enlarge Name: ccfp.jpg Size: 130 KB
Our AWESOME IMAGINATION is the true holy grail!
  • #14,276
  • Sep 10, 2018 10:25am Sep 10, 2018 10:25am
Quoting nirmalak
Same thing happened again. Again basket closed on the same day, even though it was set to be closed on Friday. What is wrong with my settings? Please help me. I have attached her with my set files and screenshot, please help me {image} {file} {file}
nirmalak:
Hi. Hey what is your broker gmt offset? Hit F3 (global variables) and look for xm7_BrokerGMTOffset. Tell me what that number is.
thnx
J
Our AWESOME IMAGINATION is the true holy grail!
  • #14,277
  • Sep 10, 2018 10:54am Sep 10, 2018 10:54am
Quoting maahome
Hi Guys, I am trying to find the post that explains the trail/profit lock operation. I know I read it but I just cannot seem to find it. Can anyone point me to the post (or give me an explanation on how it works). Thanks in advance maahome
Maahome:

I'll explain. There are two types of trailing stop features. PercentOfProfit and TrailStop. Both can be in pips or percentage.

TrailStop:
This is yer regular trailing stop. if you set the lockStep to 7.. then every time the basket profit = profit + 7(%/pips) the EA sets an invisible stop that is 7 behind the current set profit level. Pip values can be pips or %.
Example:
Balance 100 lock step=7 pips
At 100+7, new trail stop = 100 (107-7)
At 107+7, new trail stop = 107 (114-7)
At 114+7, new trail stop = 114 (121-7)
etc etc

PercentOfProfit(Forexpinnar contribution):
In this case the EA sets an invisble stop at x percent of the profit each time it breaks the lockstep value. Again the pip values can be (pips or %). You also have to tell the EA when to start the trrail stop by setting a value to StartProfitLock.
Example:
Balance 100, StartProfitLock =5pips, lock step=7pips,
percentLevel 80%
At 100+5, new trail stop = 84 (105 * 80%)
At 105+7, new trail stop = 89.6 (112 * 80%)
At 112+7, new trail stop = 95.2 (119 * 80%)
Etc etc

J
Our AWESOME IMAGINATION is the true holy grail!
  • #14,278
  • Sep 10, 2018 11:09am Sep 10, 2018 11:09am
Quoting minigan
{quote} i have been using vb 30 for months on tue wed thursday only. on some occassions it works well to filter out if the trade will be positive or not. But from my experience.. i dont think vb 30 is good enough. there are days when the market is sideways and it can really hit ur SL most of the time. i am observing using vb 50 or more..
minigan:

Lets see if minimizing the stop can help the process. Consider manually closing the basket whenver you see that after 3 hrs profit is less than 2.5%.

The reason i consider this is cause i noticed of my 3 or 4, -7% stop outs (over the last 3 months)... i had the opportunity to see exactly that.. obviously if i had taken action my profit would now be much more. Plus this also tips the ratio scale to our favor over the long run....

Have fun
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #14,279
  • Sep 10, 2018 11:27am Sep 10, 2018 11:27am
Quoting xmess7
{quote} nirmalak: Hi. Hey what is your broker gmt offset? Hit F3 (global variables) and look for xm7_BrokerGMTOffset. Tell me what that number is. thnx J
My broker is Tickmill

Herewith I attached GMT Offset
Attached Image (click to enlarge)
Click to Enlarge Name: GMT_Off_set.jpg Size: 157 KB
  • #14,280
  • Sep 10, 2018 11:41am Sep 10, 2018 11:41am
Hi Guys,

I really like this EA - great work all!

Has anyone tried trading this every day? Or at least on a Tuesday/Thursday? I always like these days for trading. I will test myself to see but just wanted to see if anyone has any long term experience of that.

Cheers
4 traders viewing now