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CCFp weekly signals (set and forget basket trading)

  • #15,561
  • Nov 12, 2018 8:50am Nov 12, 2018 8:50am
Quoting Erebus
{quote} Looks fine to me on v19.01, all say SELL and it's down 150 pips today {image} {image} {image}
Sorry I'm newbie of this thread, What is the meaning of "Trade level" ?
If the level is bigger, what does it stand for?

sorry for ask this basic question.
  • #15,562
  • Nov 12, 2018 9:13am Nov 12, 2018 9:13am
Hi Xmess7,

I hope trade mode Monthly is not going to be removed as atleast weekly and monthly has better performance in long run.

Is there any possibility to be able to set to trade only within certain hours let's say between 10:00 - 15:00. Even if "if new trades appear on list add to basket" is true,
the trade should not be taken by EA ?

Thank you!
  • #15,563
  • Nov 12, 2018 9:33am Nov 12, 2018 9:33am
Quoting grandaevus
{quote} I always perform a gap analysis to find an optimum Trade Level.
Is there a minimum gap requirement? 4? 5? 6? 7? 8? If there was a minimum requirement I'm sure this could be coded into the EA very easily.
  • #15,564
  • Nov 12, 2018 10:05am Nov 12, 2018 10:05am
Quoting Erebus
{quote} Looks fine to me on v19.01, all say SELL and it's down 150 pips today {image} {image} {image}
I'm testing the v19 on varius baskets. It works well!! (but perhaps is only for today)
I noted that some pairs (like GBPNZD or GBPAUD) go down very quick after opened. I ask, if possible, to remove from the EA these pairs (like it was possible on CCFP-DIFF indicator). I think, with this exclusion, baskets will go even better!
  • #15,565
  • Nov 12, 2018 10:43am Nov 12, 2018 10:43am
Quoting rav5612
{quote} I noted that some pairs (like GBPNZD or GBPAUD) go down very quick after opened.
Maybe it is a big spread at the time you opened those pairs? In my case, the spread on each of those pairs gets to 20 pips each right after the New York session closes. Normally during the day the spread is 3 - 4 pips.

If I opened up those two pairs at the New York close, I would immediately be down 40 pips.
  • #15,566
  • Nov 12, 2018 10:47am Nov 12, 2018 10:47am
Quoting yohec
{quote} Maybe it is a big spread at the time you opened those pairs? In my case, the spread on each of those pairs gets to 20 pips each right after the New York session closes. Normally during the day the spread is 3 - 4 pips. If I opened up those two pairs at the New York close, I would immediately be down 40 pips.

the exclusion of some couples with too high spreed could solve the problem
  • #15,567
  • Nov 12, 2018 11:07am Nov 12, 2018 11:07am
Quoting Forex1960
{quote} the exclusion of some couples with too high spreed could solve the problem
  • #15,568
  • Nov 12, 2018 11:43am Nov 12, 2018 11:43am
Quoting kobra101
Sounds like trading manually. And when do you give up that the trade will land within profit zone ? Do you close the trade when the signal disappears ? Because sometimes signal re-appears ? v17 W1 in spite of DD, could recover by end of week while v18 could seldom. While trying v19, do you think would make sense to have a indicator combination of v17 MA and v19 PA ? Trend and price action Thank you for your efforts!
I'm a manual trader. I use CMSM to find pairs to work on.

Do you think would make sense to have a indicator combination of v17 MA and v19 PA ? Not a bad idea.
  • #15,569
  • Edited 12:24pm Nov 12, 2018 11:48am | Edited 12:24pm
Quoting rav5612
{quote} I'm testing the v19 on varius baskets. It works well!! (but perhaps is only for today) I noted that some pairs (like GBPNZD or GBPAUD) go down very quick after opened. I ask, if possible, to remove from the EA these pairs (like it was possible on CCFP-DIFF indicator). I think, with this exclusion, baskets will go even better!
This is why I say "please wait at least 1/3 of your selected Time Frame". You have to give time to your indicator so that it can collect data and analyze them.

V19.01 uses price action to calculate strength levels. Every time when a new candle opens, V19.01 resets previous strength levels and starts to recalculate them since every new candle is a tabula rasa.
  • #15,570
  • Nov 12, 2018 11:51am Nov 12, 2018 11:51am
Quoting grandaevus
{quote} I'm a manual trader. I use CMSM to find pairs to work on. Do you think would make sense to have a indicator combination of v17 MA and v19 PA ? Not a bad idea.
Definitely worth experimenting with...
  • #15,571
  • Nov 12, 2018 1:05pm Nov 12, 2018 1:05pm
Hi grandaevus,

Combination of V17 MA and V19 PA would provide higher probability. But at the same time it is important to know when to open a trade.

You had a profit in V19 today since you took the trades at 8 and mrdfx at later hour with %10 loss. Trade suggestions after 4 would lead to profit today.

There is thread discussing about 4 different moving averages:

https://www.forexfactory.com/showthread.php?t=840339

"50ma is determining a trend. You do not want to open a long trade when the market is going down.

1ma is only for simplification of the code. I could use bar data for this, but that way it's easier. What does it do? it checks if the current price is not too far from ma50. Why? Because you could get a signal after extremally large movement and usually after such events there is pullback before the market will go that direction again.

And finally, there are 2 moving averages with a period of 9. One for a close price, and one for an open price. They are "real" signals. If they are far enough it means that open and closes at an average are far apart. Why it matters? Because if the price is not too far from ma50 and suddenly there is a big gap between those 2, it means that there is a rapid change in the price. It's combined with a fact that you need 2 bars in the right direction, otherwise, the EA will not open a trade. So EA is looking for a rapid change in the price, but not too big, that is in the direction of a trend."
  • #15,572
  • Nov 12, 2018 1:16pm Nov 12, 2018 1:16pm
Quoting kobra101
You had a profit in V19 today since you took the trades at 8 and mrdfx at later hour with %10 loss. Trade suggestions after 4 would lead to profit today.
Incorrect grandaevus trades daily setting, and I trade weekly setting, so different results completely.
Truth is like poetry. And most people f*cking hate poetry.
  • #15,573
  • Nov 12, 2018 1:17pm Nov 12, 2018 1:17pm
Quoting grandaevus
{quote} I'm a manual trader. I use CMSM to find pairs to work on. Do you think would make sense to have a indicator combination of v17 MA and v19 PA ? Not a bad idea.
This could be an interesting approach combining both TT & TF settings.
Truth is like poetry. And most people f*cking hate poetry.
  • #15,574
  • Nov 12, 2018 1:36pm Nov 12, 2018 1:36pm
Quoting grandaevus
If you prefer to calculate currency momentum strengths by moving averages then please use CMSMV17.01 ; If you prefer to calculate currency momentum strengths by candle price action then please use CMSMV19.01 ; Never use V18.01 in your live accounts.
Hi

Anyway to implement as options the two ways?

1) by moving average
2) by price action
3) 1) +2 )

Thanks in advance
  • #15,575
  • Nov 12, 2018 1:39pm Nov 12, 2018 1:39pm
Quoting grandaevus
{quote} I feel like v19.01 would perform better than v17.01. Time will tell.
Hi

Won today at GMT 10 even with holiday using new version V19.01
Attached Image (click to enlarge)
Click to Enlarge Name: CMSM V1901.png Size: 123 KB
  • #15,576
  • Nov 12, 2018 1:45pm Nov 12, 2018 1:45pm
Quoting xmess7
Folks: 4. Remove the UseBBSqueeze option... Is anyone using this? Jess
Hi Xmess7

I am using the BBSqueeze
  • #15,577
  • Nov 12, 2018 1:55pm Nov 12, 2018 1:55pm
Monday basket (No live trading do to bank holiday)

Fired up old setup on DEMO with ccfp-diff indicator which I used in Feb - May 2017 Run, Not a SINGLE LOSS...
See post https://www.forexfactory.com/showthr...31#post9898731 for last result.

Results of this basket: +0.76%
Max % 13% Min% -0.2%
Reason for low % was cause I had set the manual lock (Beginlock:+5%, lock +1%)
So Basket climbed to 13% but then fell too 1% and EA closed it out.

I am using the VB settings but with the following differences
Open Hour: 11:00 GMT
vbTrigger = 30 pips.

Will continue to run on DEMO for a while to see what results I get with this setup.
Attached Image (click to enlarge)
Click to Enlarge Name: ccfp_wccfp_diff.jpg Size: 110 KB
Our AWESOME IMAGINATION is the true holy grail!
  • #15,578
  • Edited 3:33pm Nov 12, 2018 2:52pm | Edited 3:33pm
hey xmess7

is there any reason you stopped trading those settings? seems they were going very successfully

thanks, blam

Quoting xmess7
Monday basket (No live trading do to bank holiday) Fired up old setup on DEMO with ccfp-diff indicator which I used in Feb - May 2017 Run, Not a SINGLE LOSS... See post https://www.forexfactory.com/showthr...31#post9898731 for last result. Results of this basket: +0.76% Max % 13% Min% -0.2% Reason for low % was cause I had set the manual lock (Beginlock:+5%, lock +1%) So Basket climbed to 13% but then fell too 1% and EA closed it out. I am using the VB settings but with the following differences Open Hour: 11:00 GMT vbTrigger...
  • #15,579
  • Nov 12, 2018 4:00pm Nov 12, 2018 4:00pm
Quoting blamshakk
hey xmess7 is there any reason you stopped trading those settings? seems they were going very successfully thanks, blam {quote}
Yep. Real easy... I spent the money LOL...

After that I got distracted with the development of the EA and decided to FINISH it before I returned to trading with real money.
And now I have the vb setup that works and if this works with the new adjustments... well then I'll have two approaches that work...

J
Our AWESOME IMAGINATION is the true holy grail!
  • #15,580
  • Nov 12, 2018 4:08pm Nov 12, 2018 4:08pm
Quoting mrdfx
Not trading live today as its a bank holiday, but I am running the baskets on demo just to see whats happens. So far with v19.01, weekly basket hit SL -10%, v17.01 is still open, but in DD -4%. I will update later.
Ok so v17.01 just hit SL as well, so both versions lost today..

Good thing there was no live trading today!
Truth is like poetry. And most people f*cking hate poetry.
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