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CCFp weekly signals (set and forget basket trading)

  • #14,941
  • Oct 16, 2018 3:17am Oct 16, 2018 3:17am
Monday 200 pips SL. I should use VB from now on.
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  • #14,942
  • Edited Oct 17, 2018 1:32am Oct 16, 2018 3:35am | Edited Oct 17, 2018 1:32am
Quoting steveq
Monday 200 pips SL. I should use VB from now on. {image}
2 is too low for a weekly time frame trade level.

EUR, GBP & AUD strength levels are around 2~3 (too low for W1)

In order to filter weak pairs, I'd use TradeLevel=8 for this week.
  • #14,943
  • Oct 16, 2018 3:43am Oct 16, 2018 3:43am
Quoting mrdfx
Someone asked me a while back why I use a VB for the weekly basket? Well today is a perfect example of exactly why I use a VB. Saved myself a 10% loss today thanks to the VB. {image}



you're using the candle filter if that times
  • #14,944
  • Oct 16, 2018 3:50am Oct 16, 2018 3:50am
Quoting grandaevus
{quote} 2 is too low for a weekly time frame trade level. EUR, GBP & AUD strength levels are around 2~3 (too low for W1) In order to filter weak pairs, I'd use Trade=8 for this week.
Thanks for the comment. So would you recommend level 8 in general for weekly?
  • #14,945
  • Oct 16, 2018 4:10am Oct 16, 2018 4:10am
Quoting steveq
{quote} Thanks for the comment. So would you recommend level 8 in general for weekly?
It depends on currency strength levels.

Strength levels often make gaps.
EUR, GBP & AUD strength levels = 2~3 . Then momentum strength jumps to 8.xx which means anything below 7-8 would be risky.
  • #14,946
  • Edited 5:10am Oct 16, 2018 4:31am | Edited 5:10am
A general formula to find a strength level that filters the weakest pairs;

 

  1. Look for the lowest currency strength levels
  2. Find a strength level that makes a gap to lowest strength levels.
  3. Set the trade level value 0 or 1 below to that strength level.

  • #14,947
  • Oct 16, 2018 5:05am Oct 16, 2018 5:05am
[quote=mrdfx;11584775]Someone asked me a while back why I use a VB for the weekly basket? Well today is a perfect example of exactly why I use a VB. Saved myself a 10% loss today thanks to the VB. {image}[/quote

is mean when we setting VB=True
when we put trigger 20.0
is mean when hit positive 20pips positive will trigger the trade??

sorrry im newbie and poor english
  • #14,948
  • Oct 16, 2018 6:08am Oct 16, 2018 6:08am
Quoting HengkiTjen
Quoting mrdfx
Someone asked me a while back why I use a VB for the weekly basket? Well today is a perfect example of exactly why I use a VB. Saved myself a 10% loss today thanks to the VB. {image}
is mean when we setting VB=True when we put trigger 20.0 is mean when hit positive 20pips positive will trigger the trade?? sorrry im newbie and poor english
thats correct
  • #14,949
  • Oct 16, 2018 9:02am Oct 16, 2018 9:02am
Quoting grandaevus
{quote} 2 is too low for a weekly time frame trade level. EUR, GBP & AUD strength levels are around 2~3 (too low for W1) In order to filter weak pairs, I'd use Trade=8 for this week.
Since you list in order by strength of pair. I use Level 2 but in the EA I also use a Max Trade of 6 to make sure I'm only taking the top 6 strongest trades according to the list of suggested pairs. I know this doesn't necessarily fix the issue of "finding the gap" in strength but this does insure me that I'm only taking the strongest pairs suggested.
  • #14,950
  • Oct 16, 2018 9:40am Oct 16, 2018 9:40am
Monday basket with a little profit from profit lock setting.
This basket was triggered with virtual bounce settings -200 and 50 pips. It reached over 200+ pips but my tp was a little too high.
Next try on wednesday...
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  • #14,951
  • Oct 16, 2018 10:20am Oct 16, 2018 10:20am
Quoting grandaevus
A general formula to find a strength level that filters the weakest pairs; Look for the lowest currency strength levels Find a strength level that makes a gap to lowest strength levels. Set the trade level value 0 or 1 below to that strength level.
Hello Grandaevus,

It's not clear for me yet - is it possible you can post an example?

Regards and thx for your great indi.
Jan
  • #14,952
  • Oct 16, 2018 10:25am Oct 16, 2018 10:25am
Quoting grandaevus
{quote} It depends on currency strength levels. Strength levels often make gaps. EUR, GBP & AUD strength levels = 2~3 . Then momentum strength jumps to 8.xx which means anything below 7-8 would be risky.
Hmmmmm what do u guys think?? Should i add this logic to the EA?

Now, since i dont have the csms ource (not asking for it ) what the EA can do is reset the level on the cmsm. But it wil need to reload the chart...and since some of ya use several charts plus on the mt5 side the indicator calls up a bunch of charts it might cause problems....
Our AWESOME IMAGINATION is the true holy grail!
  • #14,953
  • Oct 16, 2018 10:45am Oct 16, 2018 10:45am
Quoting grandaevus
A general formula to find a strength level that filters the weakest pairs; Look for the lowest currency strength levels Find a strength level that makes a gap to lowest strength levels. Set the trade level value 0 or 1 below to that strength level.
grandaevus:
if i have the EA pick the pairs... after determing the level from the currencies... would it be a matter of selecting the pairs that contains one a currency that meets the already established level?

Example:
EA using the approach you stipulated, determines that Level=3. So we look for level> 3 or level < -3(if curremcy has a negative value)

Then EA scans the suggested list and on any pair that has a currency that is greater than (if its level is positive) or less than (if its level is negative) it picks that pair.

Say you had a list like:
eurusd (1,2)
gbpusd (-3,4)
nzdusd (1,1)
audusd (2,-5)
cadjpy (6,3)

Then only audusd and cadjpy are selected.. cause one currency in each of those pairs meets the requirement of the level > 3 or level < -3 (for negative values).

Is this correct?
J
Our AWESOME IMAGINATION is the true holy grail!
  • #14,954
  • Oct 16, 2018 10:46am Oct 16, 2018 10:46am
Quoting xmess7
{quote} Hmmmmm what do u guys think?? Should i add this logic to the EA? Now, since i dont have the csms ource (not asking for it ) what the EA can do is reset the level on the cmsm. But it wil need to reload the chart...and since some of ya use several charts plus on the mt5 side the indicator calls up a bunch of charts it might cause problems....
Jess I'm still waiting for your EA to make my coffee and do the laundry..
Truth is like poetry. And most people f*cking hate poetry.
  • #14,955
  • Oct 16, 2018 10:55am Oct 16, 2018 10:55am
Quoting mrdfx
{quote} Jess I'm still waiting for your EA to make my coffee and do the laundry..
Yea dont worry... eventually the EA will be able to clean all of our private parts .....
Our AWESOME IMAGINATION is the true holy grail!
  • #14,956
  • Oct 16, 2018 10:56am Oct 16, 2018 10:56am
Is this normal or myself ? Need help to kill my curiosity.

The time show in the CCF show ongoing right ?
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  • #14,957
  • Oct 16, 2018 11:01am Oct 16, 2018 11:01am
Quoting grandaevus
A general formula to find a strength level that filters the weakest pairs; Look for the lowest currency strength levels Find a strength level that makes a gap to lowest strength levels. Set the trade level value 0 or 1 below to that strength level.
WAIT A MINUTE.... grandaevus!! Why don't u add that logic you presented to your indicator?? Lol just call the input Select Pairs By Gap Analysis (true/false) lol....

If ya want i can send ya the function all u do is pligvand play it..... lol...otherwise this EA will be basically creating the list... if the logic i provided makes sense...

J
Our AWESOME IMAGINATION is the true holy grail!
  • #14,958
  • Oct 16, 2018 11:17am Oct 16, 2018 11:17am
Quoting ahrexcmfung
Is this normal or myself ? Need help to kill my curiosity. The time show in the CCF show ongoing right ? {image}
Let me kill your curiosity.!.... lol

No that is not normal. That means that the EA stopped working. The error you see on the expert log means yhst you probably entered your hours incorrectly. You must have this format HH:mm. Also it seems arw trying to ue a range of hours... HH1:mm - HH2:mm. Please make sure that the format is correct. Mt4 is limited in that you cannot programatically verify the structure of a text. Well it is possible but with the tools mt4 provides it woud take alot of code.

I plan to remove the range hours so i dont recommend any one try this nor the descrete hours (hours separated by comma). The EA already has some of those abilities thru the latest inputs....

So ahrexcmfung use as single hour entry instead and make sure the format is HH:mm

Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #14,959
  • Oct 16, 2018 11:34am Oct 16, 2018 11:34am
Quoting xmess7
{quote} Yea dont worry... eventually the EA will be able to clean all of our private parts .....
Oh yay that makes me all warm and fuzzy.
Truth is like poetry. And most people f*cking hate poetry.
  • #14,960
  • Oct 16, 2018 1:02pm Oct 16, 2018 1:02pm
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