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CCFp weekly signals (set and forget basket trading)

  • #15,501
  • Nov 9, 2018 11:21am Nov 9, 2018 11:21am
Quoting xmess7
Wednesday Basket Result (Basket was opened last Wednesday with a 1 time lock at 1%) MT4 v43 (haven't updated to v44 yet LOL) Indicator CMSM v17.01: level 2@ PERIOD_W1, MA(3,5,MODE_EMA,PRICE_WEIGTHED). MA x [1,2,3,4,8,12]] Decided to close basket since Monday will have US banks on holiday. Closed basket +8.51% No trading on Monday (bank holiday) {image}
Xmess7,

Been a long time follower of this forum but only just registered. I was wondering if you could provide the set file for this as I would like to have a play with it on a demo account?

I tired to work it out myself but didn't want to put the wrong settings in the stop lock etc.

Thanks again

Jon
  • #15,502
  • Nov 9, 2018 11:57am Nov 9, 2018 11:57am
Hello everyone, I'm sorry to insist again with the same problem, but I tried another broker and it works. Does anyone know why it works in one and not in another? Thanks and best regards.
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  • #15,503
  • Nov 9, 2018 1:46pm Nov 9, 2018 1:46pm
Quoting locuaz007
Hello everyone, I'm sorry to insist again with the same problem, but I tried another broker and it works. Does anyone know why it works in one and not in another? Thanks and best regards. {image}
locuaz007: hello, welcome.

The only one that could help you is the creator (Grandevus). He might be able to shed some light since he will know how he COLLECTS the pairs data.

I have noticed that when u run the indicator in MT5, that several CHARTS are opened.. I mean alot... so I can only assume that the other broker's feed was not up to the task of providing that much data and that was why you saw issues.. Just a speculation....

Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #15,504
  • Nov 9, 2018 1:48pm Nov 9, 2018 1:48pm
Quoting JonMalco
{quote} Xmess7, Been a long time follower of this forum but only just registered. I was wondering if you could provide the set file for this as I would like to have a play with it on a demo account? I tired to work it out myself but didn't want to put the wrong settings in the stop lock etc. Thanks again Jon
Everything you need is on page 1. In fact its the first thing you read on Post 1 .
Our AWESOME IMAGINATION is the true holy grail!
  • #15,505
  • Nov 9, 2018 1:50pm Nov 9, 2018 1:50pm
Locuaz007,

Im having a sort of similar problem in MT5. MT4 works fine for me but I am also trying MT5.

Both demo accounts with FX Pro.

In MT5, with both 18.01 and 17.01, when I select a time frame greater than daily it doesn't produce any strength levels or trade suggestions. Is this a problem with FX Pro with MT5, as it works fine in MT4?
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  • #15,506
  • Nov 9, 2018 2:03pm Nov 9, 2018 2:03pm
Quoting xmess7
{quote} Everything you need is on page 1. In fact its the first thing you read on Post 1 .
Thanks Xmess7, I had been using MrDFX settings but wasnt sure about the changes that you had made.

How does this look?
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  • #15,507
  • Nov 9, 2018 2:17pm Nov 9, 2018 2:17pm
Quoting Pippopotamus
ProfitLock was not set when Gain>99 pips. {image}
Pippo just to make sure, are you using your latest setfile (the one you provided sometime ago)? Send it over pls so I can examine it.

Also next time (or now, if u still have an open basket) go to the globals and see if a global that starts with "xm7_basket_lock_trig_"
is set to 1. I'll explain below how this helps us find out what happened.

the trig_lock not being recorded in the global is the only thing I can think that has made the EA avoid setting the Lock.

Here, let me explain the process that the EA goes thru. These next steps happen in less than 1/1000 of a second.

1. EA gets total pips from open trades (the calculation includes the commission). Lets call this currentBasketProfit.

2. Check if BeginLockingProfit>0 (user entered a number>0) and if currentBasketProfit>BeginLockingProfit

3. If step 2 is true then set lock_trig=true. At the same time a global is set for lock_trig (Once set both remain true for the duration of the basket)

4. If lock_trig is true then the EA will set the profit lock and continue to monitor as the currentBasketProfit increases to move the lock according to what was set in the inputs. OR of course close the basket if the currentBasketProfit falls to the trailing basket stop.

NOW lets see what things that can prevent the EA from setting the lock:

1. EA freezes, lock_trig never gets set true (but once EA starts up and if currentBasketProfit has gone WAY beyond BeginLockingProfit the EA will set the lock right away)

2. currentBasketProfit never goes beyond BeginLockingProfit (according to your image this is not the case)

3. lock_trig was never set true for whatever reason (again according to your image this is should not be the case, this is what I asked you to check the global to see that if the lock_trig was recorded. If you see it iin the global then that means that lock_trig was set to true, there is even a timestamp of when it happened in the global window).


Take a look and lets see if we can find an error or hickup...

Thnx
Jess

PS: One thing that caught my attention is that I should have written this
currentBasketProfit>BeginLockingProfit
like this:
currentBasketProfit>=BeginLockingProfit

I should have the EA detect the level when it is EQUAL TO as well as GREATER THAN.
Will incorporate that in the next version.
Our AWESOME IMAGINATION is the true holy grail!
  • #15,508
  • Nov 9, 2018 2:35pm Nov 9, 2018 2:35pm
Folks:
These are the following changes I plan to incorporate in v45. I will remove some inputs/sections and make some changes. Please let me know if you are using them or no change or etc.

1. REMOVE PercentOfProfit selection from TRAIL STOP section. This one has alot of newbies really confused. I

2. CHANGE the way the 1st trail is applied. In the TRAIL STOP selection for the remaining part which is also called TrailStop. The first trail would now be a break even (+1% or +3 pips) instead of the trail stop. This gives the basket more room move on that first trail, after that the regular trail stop is applied as the basket increases.

3. REMOVE input DisableBasketCloseWarnings (currenttly default is false). This will allow the EA to immediately start closing trades without having to ask when you hit the close button. Originally I had placed this in there to help avoid mistakes but based on performance the only way you can make a mistake is if you are drinking beer and start click away with the mouse on the screen LOL.

4. Remove the UseBBSqueeze option... Is anyone using this?

5. Remove the ALERTS SETTING section

6. Remove the TRADE RANGE HOURS section. Does anyone trade the basket using a range (HH:mm-HH2:mm2) ?

7. Remove TradeMode Monthly and the SETTING FOR MONTHLY TRADEMODE section.

8. Remove SET HOUR MARK TO CLOSE BASKET section. I added this and found it not to be that usefull

Vanilla here we come....
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #15,509
  • Nov 9, 2018 5:31pm Nov 9, 2018 5:31pm
Quoting xmess7
Folks: These are the following changes I plan to incorporate in v45. I will remove some inputs/sections and make some changes. Please let me know if you are using them or no change or etc. 1. REMOVE PercentOfProfit selection from TRAIL STOP section. This one has alot of newbies really confused. I 2. CHANGE the way the 1st trail is applied. In the TRAIL STOP selection for the remaining part which is also called TrailStop. The first trail would now be a break even (+1% or +3 pips) instead of the trail stop. This gives the basket more room move on...
For me, OK.
A question, in the future, for use MONTHLY TRADEMODE can i use the weekly settings instead?
  • #15,510
  • Nov 9, 2018 7:39pm Nov 9, 2018 7:39pm
Quoting xmess7
Wednesday Basket Result (Basket was opened last Wednesday with a 1 time lock at 1%) MT4 v43 (haven't updated to v44 yet LOL) Indicator CMSM v17.01: level 2@ PERIOD_W1, MA(3,5,MODE_EMA,PRICE_WEIGTHED). MA x [1,2,3,4,8,12]] Decided to close basket since Monday will have US banks on holiday. Closed basket +8.51% No trading on Monday (bank holiday) {image}
HI Jess,

May I know what is ManualLock/How does it work?

Thanks!
  • #15,511
  • Nov 9, 2018 7:47pm Nov 9, 2018 7:47pm
Quoting Mingteikg
{quote} HI Jess, May I know what is ManualLock/How does it work? Thanks!
Select one time manial lock
Set BeginProfitLock to when u want EA to set the manual lock.

Then set the pips or % u want the lock be set for the rest of the time the basket is open.

All you are doing is setting a positive stop and letting the basket go as far as it may go.

Once the lock is set you basically have no risk... either you get stopped at your lock or you close with a bigger profit.

Trading is simple and easy.
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #15,512
  • Nov 9, 2018 7:48pm Nov 9, 2018 7:48pm
Quoting rav5612
{quote} For me, OK. A question, in the future, for use MONTHLY TRADEMODE can i use the weekly settings instead?
Yes, because the weekly and daily modes wil not be removed.
Our AWESOME IMAGINATION is the true holy grail!
  • #15,513
  • Nov 10, 2018 12:41pm Nov 10, 2018 12:41pm
Wednesday results. Another SL (10%)

I hope the next week will be better

Thanks.
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  • #15,514
  • Nov 10, 2018 10:53pm Nov 10, 2018 10:53pm
Quoting xmess7
Folks: These are the following changes I plan to incorporate in v45. I will remove some inputs/sections and make some changes. Please let me know if you are using them or no change or etc. 1. REMOVE PercentOfProfit selection from TRAIL STOP section. This one has alot of newbies really confused. I 2. CHANGE the way the 1st trail is applied. In the TRAIL STOP selection for the remaining part which is also called TrailStop. The first trail would now be a break even (+1% or +3 pips) instead of the trail stop. This gives the basket more room move on...
For me ok!
  • #15,515
  • Nov 11, 2018 3:40am Nov 11, 2018 3:40am
Quoting grandaevus
A new version of CMSM will be uploaded by today.
If that can also include recommendations it would be greatly appreciated ...
When you are successful perhaps give a thought to others ... Kiva dot org
  • #15,516
  • Nov 11, 2018 5:56am Nov 11, 2018 5:56am
Quoting locuaz007
Hello everyone, I'm sorry to insist again with the same problem, but I tried another broker and it works. Does anyone know why it works in one and not in another? Thanks and best regards. {image}
CMSM uses 28 pairs that are written below to calculate strength levels.

"EURUSD" , "GBPUSD" , "USDCHF" , "USDJPY" , "USDCAD" , "AUDUSD" , "NZDUSD" ,
"AUDCAD" , "AUDCHF" , "AUDJPY" , "AUDNZD" ,
"CADCHF" , "CADJPY" , "CHFJPY" ,
"EURAUD" , "EURCAD" , "EURCHF" , "EURGBP" , "EURJPY" , "EURNZD" ,
"GBPAUD" , "GBPCAD" , "GBPCHF" , "GBPJPY" , "GBPNZD" ,
"NZDCAD" , "NZDCHF" , "NZDJPY"

If any of these symbols don't have a price feed or don't have minimum amount of candles to operate, CMSM won't print strength levels & suggestion list.

Minimum amount of candles can be calculated with this formula.

(Speaking for CMSM 17.01)
Number of Candles on Chart should be >= MathMax (FastPeriod, Slow Period) * MathMax (MovingAverageMultiplier)
  • #15,517
  • Nov 11, 2018 6:05am Nov 11, 2018 6:05am
Quoting PayItForward
@grandaevus or xmess7 or somone who knows/understands the inner workings of CMSM {image}
PeriodMultiplier, MovingAverageMultiplier are used to multiply the CMSM18.01 base period, CMSM 17.01 (fast period, slow period) with the numbers in it's array.

(Speaking for CMSM 17.01) Time Frame = Daily;
MovingAverageMultiplier = 1, 2, 3, 4, 5, 10, 15, 20

(Fast Period, Slow Period) x MovingAveregeMultiplier
  • #15,518
  • Edited 12:38pm Nov 11, 2018 6:20am | Edited 12:38pm
CMSM V19.01 for Mt4 & Mt5

Changelog:
Core Logic has been updated. CMSM now uses price action to calculate strength levels.

When a bar closes and a new bar opens, CMSM resets strength levels and recalculate them again for the current bar,

Recommended Settings:
Please wait at least 1/3 of your selected Time Frame before placing any orders.

if TimeFrame = PERIOD_D1, wait at least 24/3 = 8 hours;
if TimeFrame = PERIOD_W1, wait at least 5/3 days = Wait till Tuesday, 16 pm.

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Attached File(s)
File Type: ex5 ###CMSMIndV19.01.ex5   95 KB | 400 downloads
File Type: ex4 ###CMSMIndV19.01.ex4   52 KB | 781 downloads
  • #15,519
  • Nov 11, 2018 6:39am Nov 11, 2018 6:39am
Hi grandaevus,

Thank you for the indicator!

when you mention about closing bar in v19, in time frame daily, weekly - which bar, 1H, 4H,.. are we talking about ?
  • #15,520
  • Nov 11, 2018 7:23am Nov 11, 2018 7:23am
Hello everyone. Thank you for this great thread. I've stopped doing forex for 8 years and now i'm back. I'm back because of this interesting thread.

So these 2 days I've opened a demo account with Oanda and rented a vps. I followed mrdfx's set file. I think my setup is ready.

Cheers!
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