CCFp weekly signals (set and forget basket trading)

ok let me change that real quick !

I need just to put 4% ?

Kinda loss here ...sorry

CURRENT SETTINGS

Hi, perhaps i find a motivation for the problem:
I now tried to open a buy limit in my mt4 (FXPRO , count demo) and exit the error message "TOO MANY ORDERS".
I think the problem started from the varius charts of CMSM i opened togheter(up to 36 in one time) .
Firstly i thought it was my pc (or the EA) that created the problem (0) but i also opened other brokers demo with only 8 charts togheter and there wasn't the problem, so now i think IT'S THE BROKER THE PROBLEM!
What do you think? Is it possible? Thanks

If so, is there and indicator that show the max numbers of operation left avaiable in the broker you are using?

Hi Kostantin, what type of Mtf Indicator are you using? The CCFp-Diff_[v2.0-MTF] ? And what are the settings? I want to try..

Hi folks
im gonna start live account with $500
what the best size for lot size ?
take profit and use % or pips ?
and how many max trade allows?
trade only Monday and Wednesday


Thanks amazing peoples

Hi Jess,

A query on the CMSM Indi use for the EA. If you have 2 CMSM indi's on the chart with say one for 4h and one for daily - do they both have to agree for the EA to place the trade? Sorry if this has already been asked but I could not find a definitive answer.

Thanks
maahome

No, no agreement in the way you think, the EA will recognize that you have two lists and it will just apply the filter to each list and then create a a final list that will be used to open a real basket. The only agreement if you want to call it that, depends on the options u pocked (allow duplicates, allow hedging etc).

I use this and it is agressive. But I have gotten us to it and I protect my balance...

select eh LotsPerBalance on the pull down menu and set
the lots per balance input = 0.4/500

If u are using the mrdfx preset then that is all you need to change..
J

could be. I have not found the reason for this yet.

Thanks Jess

you are using the TrailStop option of the pull down.
That means that you will only need the input called TrailStop

Since you have that at 50.. that means that the EA has to travel 50% (u have decided to use percentage instead of pips).

So your number are kinda high and you will more than likely never reach those levels cause your tp is set to 5% and your sl is set to 7%.

Do you see what I mean?? how can u ever reach 50% when your TP is just 5%??

On another note. FOLKS DO NOT USE THE OPTION TrailStop option for now. I have fixed it in the new version.
It is not correct that way it is written at the moment. IT WILL set a trail but there is no flexibility. Not like the other option where u can tell it WHEN To start.

I will the new version out by this weekend.

You are telling the EA to continue to monitor the Indicator trade suggested list AFTER it has already opened a REAL BASKET.
The EA is then monitoring the indicator trade suggestion list for any pairs that flip or changes direction. When the EA detects that then it looks at the list of open trades to see if the same pair is present and FLIPS or changes the direction of the trade. What it really does is close the open trade and re-opens it but in the new direction. Be Aware that you are incurring spread/commission fees when that is done.

J

Very aggressive. It means every $100 0.08 lot size

yip its very agressive
i guess it depends on how comfortable the user is hey, only after my balance we over $300 did i change my lot size to 0.02 - i stuck with 0.01 for quite a while to prevent huge losses that made me not wanna Sit on my hands

Nov 02- WIN

Hi xmess7 (and all),

I know this might no go down well with others, and does often cause debates, but please no one hate me too much for the suggestion

Have you thought of maybe starting a new thread where you can control the 1st page content and do the things you said above? One just specifically for the EA with the 3 strategies?

1st problem this might address is the issue relating to 'newbie' questions. So the age-old FF strategy thread problem is that new guys read the last 10 pages, see the success and then want straight in on the action. They ask basic questions, older contributors get annoyed - sometimes understandably. Usually you just say 'look at the 1st page' and they find their answers. However, because the OP of the thread is no longer active on it, the first page cannot be updated with the latest EAs, instructions, etc. The age-old response to this is, just read the whole thread - sure everyone gets this, people should be willing to invest some time in reading and gaining knowledge about a system. However, this thread has suffered from a higher than usual amount of basic questions, because it doesn't have a central point of reference on the first page. This makes it more confusing than it needs to be for new guys trying to learn and feeds the frustration of the older contributors when these guys ask basic questions. With all the updates, people trying new things etc - it is easy to see how hard it might be to distinguish which strategies work, for how long they have worked, and even what the strategy is at all.

Another thing it might solve is the recent disagreement between some contributors over continuing experimenting etc.

On one hand I agree with bojack, MRDFX, Pippo, etc. We have a very successful strategy/EA that works. I'm happy with it, have been for a while, and went live about a month ago. So why make the EA more complicated? Because that is often when things start to go wrong. Why not just focus on live trading and making profit/managing risk and losses? However, as Rumbaut and others have said - what is the problem with others experimenting further? We have our strategy/ies that work for us, they want to try different things. It just shows how successful the Strategy/EA is, because it is clearly profitable, but also flexible. Maybe one day our strategy starts to flat-line and these guys might have the solution to continue trading the CCFp/CSMS method.

So you could leave guys to experiment in this thread and set up a new one for your EA with the specific strategies that have a proven track record of success. Later down the line, these guys might want to, with your permission, set up their own threads with their own strategies based on your EA and Forexpinbar's strategy.

Finally the thread is just too big. When this happens, threads tend to loose focus, look at the Trading Made Simple thread. Before long you will just have different tribes/cliques taking up most of the thread by taking shots at each other and complaining. It doesn't help anyone and eventually the thread becomes detached from the core strategy, nobody knows who to listen to, and then a great strategy might become lost. In my opinion, its always better to just start new threads when new divergences in the strategy emerge, for both the clarity and sanity of all contributors .

Anyhow, that's just my 2 pennies. Of course you (xmess7 or others) may not want the aggravation of administering an entire thread etc, which I totally understand as well.

A massive thanks to everybody who was worked on this great strategy, indicators, and EA, especially xmess7, grandaveas, MRDFX, Pippo, Forexpinbar, and just everybody who has dedicated some time and effort in getting us to where we are today! It is a great example of a collaborative achievement, and we should always remember that. This is what these threads are meant to be about, succeeding by sharing, learning, experimenting, and testing with others - together.

Green pips to everyone!

Today's result, -150 pips. Basket was suffering badly, and NFP report drove it over the edge.

I think he meant 0.04/500

Hi everyone,
Week's reults, a bad Monday versus a great Wednesday.

Thanks