CCFp weekly signals (set and forget basket trading) | Page 783 | 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)

  • #15,641
  • Edited 4:00am Nov 15, 2018 2:31am | Edited 4:00am
A good approach i am considering to use DB_CCFP_Diff.ex4 on real account would be separate into 2 baskets according to news events:

Basket #1: high impact news trade [upcoming news pairs only]

  1. candle and MTF CC-Diff setting: M5, M15, H1, level 2, use current = true, use Bar
  2. Open 1 minute before news, Close after 1 hour.
  3. SL 50% ATR, TP 100% ATR

Basket #2: 3 sessions opening trade [exclude all high impact news pairs]

  1. candle and MTF CC-Diff setting: M5, H1, D1, level 2, use current = false, use MA
  2. Open 5 minutes after session open, close after 2-4 hours.
  3. Adjust SL & TP manually on chart after it's auto triggered, based on support/resistant, or simply 50%ATR TP/SL as default.

Your constructive recommendations/modifications much appreciated, or another thread can be open for this session/news trade if needed.

Edit: OK, i decided to open a thread for this news/session time frame, as it's different from weekly idea. Head over here if you are interested: https://www.forexfactory.com/showthread.php?t=848415

  • #15,642
  • Nov 15, 2018 3:55am Nov 15, 2018 3:55am
Still confused how if I am using the same setup as someone else that they can get TP and I get SL.

Is this the broker difference?

Does anyone have any recommendations for a UK broker that works well with this EA and indicator?

Thanks

Jon
  • #15,643
  • Nov 15, 2018 7:50am Nov 15, 2018 7:50am
Quoting JonMalco
Still confused how if I am using the same setup as someone else that they can get TP and I get SL. Is this the broker difference? Does anyone have any recommendations for a UK broker that works well with this EA and indicator? Thanks Jon
Hi, this has already been discussed many a times. In fact there are times that i have opened a basket same settings and all with another person using same settings too. In addition we are both on the same broker... and yup u guessed it totally different results. This has not been resolved nor an understanding of why it hapens has been acheived.

So the next best thing to do is concentrate on trading it so you can reap the benefits.
Our AWESOME IMAGINATION is the true holy grail!
  • #15,644
  • Nov 15, 2018 8:38am Nov 15, 2018 8:38am
Quoting xmess7
{quote} Hi, this has already been discussed many a times. In fact there are times that i have opened a basket same settings and all with another person using same settings too. In addition we are both on the same broker... and yup u guessed it totally different results. This has not been resolved nor an understanding of why it hapens has been acheived. So the next best thing to do is concentrate on trading it so you can reap the benefits.
Thanks for your reply xmess7.

Does this not mean that there is an element of chance of getting a positive result? If 2 people with the same settings can be the so different, say 5.5% profit to 10% loss. But I guess if the system still gives more positive results than negative then it is a good system. Just some days I will get different results to others.

Thanks again for the reply

Jon
  • #15,645
  • Nov 15, 2018 8:46am Nov 15, 2018 8:46am
Quoting belief
A good approach i am considering to use DB_CCFP_Diff.ex4 on real account would be separate into 2 baskets according to news events: Basket #1: high impact news trade [upcoming news pairs only] candle and MTF CC-Diff setting: M5, M15, H1, level 2, use current = true, use Bar Open 1 minute before news, Close after 1 hour. SL 50% ATR, TP 100% ATR Basket #2: 3 sessions opening trade [exclude all high impact news pairs] candle and MTF CC-Diff setting: M5, H1, D1, level 2, use current = false, use MA Open 5 minutes after session open, close after 2-4...
You should go back in this thread and look up all posts from Embry and I also believe that Pay It Forward was also testing High Impact News strategies.
  • #15,646
  • Nov 15, 2018 8:58am Nov 15, 2018 8:58am
Quoting xmess7
{quote} Hi Marshall: 1st please post your preset or indicate which one you are using. Need to see what you are setting up. 2nd it is not clear what is transpiring in your first situation. Did the vbasket trigger a real basket? why are you messing around with the input "hours:minutes vbasket remains open"? The default of 00:00 will suffice and with that any vbasket that HAS NOT TRIGGERED a real basket will be reset (closed) when the instant a new GMT DAY happens. Its been more than a year since I tested this, so I am going to run more tests to see...
Hey Xmess

Thanks for the detailed reply! I realized the first issue was not an issue after all...I looked back and realized I've not had an untriggered vbasket before yesterday and I always thought the vb stops running after the stipulated daily closing time...but since you have clarified that "an untriggered vb will be reset (closed) when the instant a new GMT DAY happens", I guess my non-problem solved itself...apologies for that.

As for the 2nd issue regarding the v40.4, I have since changed to v44 and not had this issue (yet!) and hopefully it will never surface. I'll let you know IF it does. Cross our fingers

One more thing which I have seen brought up before (but lost in the mountain of replies and never solved) was, for a vb when triggered, it takes into consideration the indicator's trade suggestions at TRIGGERED point of time, right? So for example, say i have a vb start originally with EURUSD & GBPUSD (2 trade suggestions) @ 10:00, with a upper trigger of 50 pips, it then continues to run for say 2 hours before the upper trigger of 50 is hit @ 12:00. And by then, the assumed trade suggestions has increase to EURUSD GBPUSD USDCAD (3 trade suggestions), a real basket will then open with these 3 trade suggestions (because vb triggered) @ 12:00. My question is, is there any setting in the ea which allows me to let the real basket only open the ORIGINAL VB trade suggestions (in this case EURUSD GBPUSD, 2 trades only), instead of the new 3 trades?


Much appreciated,
Marsh
  • #15,647
  • Nov 15, 2018 6:58pm Nov 15, 2018 6:58pm
Quoting MarshallR
{quote} Hey Xmess Thanks for the detailed reply! I realized the first issue was not an issue after all...I looked back and realized I've not had an untriggered vbasket before yesterday and I always thought the vb stops running after the stipulated daily closing time...but since you have clarified that "an untriggered vb will be reset (closed) when the instant a new GMT DAY happens", I guess my non-problem solved itself...apologies for that. As for the 2nd issue regarding the v40.4, I have since changed to v44 and not had this issue (yet!) and hopefully...
Wow its been almost 2 years since this subject was tackled.... LOl. But here we go...

This is a tricky issue (as are certain other situations). You see the question is which set of suggested pairs do we open when we are trying to make the basket thing work like a STOP/LIMIT Order? With one pair it's easy right? Price moves up to a certain level and BAM open the Pair at that current BiD/ASk price.

So initially this is why I elected to have the EA open the real basket with the CURRENT price levels for either the Trade Suggested list or virtual basket. Which ever the EA is dealing with. BUT a slight issue happens. Unlike the single trade... the basket is not necessarily the same when the moment to TRADE APPEARS. So which is it? Is it the initial list when the EA first opens a vb or is it the current trades when the vb hits the trigger? AS you can probably see we didn't get that far with this, in fact, I am waiting to see what Mugs results are (he is dealing with the TreatVBasRealBasket, ANOTHER condition to deal with LOL). So what I did is a left the processes (with some exceptions) in place. That is:

The EA will take the suggested trades of the current moment to form a real basket. Even with when you tell the EA to only open vb trades that have a vb profit >0, the EA will use the current suggested trades (it matches the vtrade with the suggested trade and then tests the vprofit to be greater than 0).


So NOW to answer your question LOL... Nope. There is no combination at the moment that will do what you described.
Oh and here is the reasoning. So far 3 profitable approaches have been developed using the basket in this manner.

When the debates/conversation were being held for what the EA should consider as the list to open up,, no one really came forward with any data that showed this would be a profitable or BETTER YET wat to lower DD.

So if you can demonstrate that this would add the benefit then by all means I am for it. Rememeber no one has used this for a basket feature. We are in strange territory cause its simply not a single trade... its a basket of trades and as time passes that trade suggesting list does change....

J
PS: Great question !!!
Our AWESOME IMAGINATION is the true holy grail!
  • #15,648
  • Nov 15, 2018 7:05pm Nov 15, 2018 7:05pm
Quoting JonMalco
{quote} Thanks for your reply xmess7. Does this not mean that there is an element of chance of getting a positive result? If 2 people with the same settings can be the so different, say 5.5% profit to 10% loss. But I guess if the system still gives more positive results than negative then it is a good system. Just some days I will get different results to others. Thanks again for the reply Jon
Jon:
All I can tell you is to look at the results we are generating. In one of my recent posts I have a link to last years May post where I essentially had over 9 or 11 weeks, I forget , of 10% gains per week(which I am currently testing with the vb settings). I also know from MRDFX that he too has had successful gains. So despite what we see with these rare discrepancies, I don't see a concern, eventually if you plan your MM correctly and use these presets you WILL be profitable.

Our AWESOME IMAGINATION is the true holy grail!
  • #15,649
  • Nov 15, 2018 7:27pm Nov 15, 2018 7:27pm
OK, so I'm a little new here so be gentle. I loaded everything to where they go but when I try to load the EA onto a chart the whole thing just closes the platform. I've never heard of this so it's new one on me. Any ideas would be most appreciated.
  • #15,650
  • Nov 15, 2018 8:49pm Nov 15, 2018 8:49pm
Quoting gwoog
OK, so I'm a little new here so be gentle. I loaded everything to where they go but when I try to load the EA onto a chart the whole thing just closes the platform. I've never heard of this so it's new one on me. Any ideas would be most appreciated.
Now that is a new one... never heard this happen before.

So what exactly did you load?

Did you load the CMSM indicator first? Did you see it load successfully?

Then after that did you try to load the EA??

Or did you use a different indicator (for example ccfp-diff) ?? Did u load other indicators?

If you are loading other indicators I recommend you start with the basic...
One of the currency strength indicators and the EA.

J
Our AWESOME IMAGINATION is the true holy grail!
  • #15,651
  • Nov 15, 2018 9:35pm Nov 15, 2018 9:35pm
Sorry for taking so long to reply. I don't really know what I did first. Sifting through hundreds of posts have made things a little blurry. I think I should just delete everything to do with this thread and start over again. Right now I'm using the dashboards and DBMAS indicators to manually make trades. Making money but I really would like to EA my trading here. What do you think? Start over again? Thanks for the help.
  • #15,652
  • Nov 16, 2018 2:37am Nov 16, 2018 2:37am
Quoting Erebus
{quote} Looks fine to me on v19.01, all say SELL and it's down 150 pips today {image} {image} {image}
Hi Erebus,
If possible can you post a copy of your SuperTrend indicator and settings. I've been looking everywhere but the only ones I can find are "one line" indicators.

Regards,
Fulla
  • #15,653
  • Edited 6:19am Nov 16, 2018 4:40am | Edited 6:19am
Hi, for Xmess.
Is possible to implement in the next releases of the EA a function to calculate not only the open trades but also the closed ones? I use a program (RONZ AUTO TP SL) that put a SL to every open trades. After some time many wrong trades were closed but the EA calculates only the opened trades. With this new function the EA can be closed at the right time (with the calculation of both opened and closed trades).
It could be usefull for the calculation of the STOP LOSS or the TAKE PROFIT of the basket used by your EA.
What do you think?
Thanks
  • #15,654
  • Nov 16, 2018 6:02am Nov 16, 2018 6:02am
Since the RB hit SL 3 times in a row last week, this week I back to test the original idea, set and forget. RB open on Monday and leave it till Friday.
The basket reached 1500 pips today, but I didn't manually close it. This is the result till now. More to test.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 34 KB
  • #15,655
  • Nov 16, 2018 6:21am Nov 16, 2018 6:21am
Quoting fullaforex
{quote} Hi Erebus, If possible can you post a copy of your SuperTrend indicator and settings. I've been looking everywhere but the only ones I can find are "one line" indicators. Regards, Fulla
Only 1 line? how many lines do you want?

there is a 50 EMA on there, is that confusing you?
It takes a lot for me to IGNORE you, but you can try.
  • #15,656
  • Nov 16, 2018 6:52am Nov 16, 2018 6:52am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 252 KB

Result for a week with a new indicator, very not badly. Thank you
  • #15,657
  • Nov 16, 2018 7:48am Nov 16, 2018 7:48am
So this week I ran a head to head comparison of v17.01 and v19.01 with my daily settings to see the difference, and quite a difference it was!

So far v17.01 had better results, but of course further testing is needed.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: v17.01.png Size: 59 KB
Click to Enlarge Name: v19.01.png Size: 59 KB
Truth is like poetry. And most people f*cking hate poetry.
  • #15,658
  • Nov 16, 2018 11:52am Nov 16, 2018 11:52am
Quoting mrdfx
So this week I ran a head to head comparison of v17.01 and v19.01 with my daily settings to see the difference, and quite a difference it was! So far v17.01 had better results, but of course further testing is needed. {image} {image}
Did you run a comparison using the weekly signals since those are the signals we have been using?
  • #15,659
  • Edited 2:58pm Nov 16, 2018 2:34pm | Edited 2:58pm
Quoting rav5612
Hi, for Xmess. Is possible to implement in the next releases of the EA a function to calculate not only the open trades but also the closed ones? I use a program (RONZ AUTO TP SL) that put a SL to every open trades. After some time many wrong trades were closed but the EA calculates only the opened trades. With this new function the EA can be closed at the right time (with the calculation of both opened and closed trades). It could be usefull for the calculation of the STOP LOSS or the TAKE PROFIT of the basket used by your EA. What do you think?...

rav5612:
" After some time many wrong trades were closed ... " ??
Could you explain what you mean but "wrong" trade?

The EA you are mentioning handles all open trades whether they were opened by this EA, manually, or by another EA.

Remember we are dealing with a BASKET not with the individual trades. That EA deals with individual trades. That is fine if you are interesting in controlling MM at that level. But for the basket level.. nope it's a different beast.

So how can this EA be useful for calculating STOPLOSS/TAKEProfit if we already define these in the settings?

Thnx
J

PS: I looked at the code (RONZ AUTO TP SL) and there is nothing different or special that it does. It's just your classical SL/TP, Trail Stop, and Lock operations.
There is one new feature and that is the step feature. You can tell that EA to slowly STEP up the STOP LOSS, that's a neat feature. That can be done with the use of the PercentOfProfit selection on this EA. ITs not the same but the effect would be very similar in that the trail stop is SLOWLY moved.. much like is done with the step feature of the EA you mentioned.
Our AWESOME IMAGINATION is the true holy grail!
  • #15,660
  • Edited 3:02pm Nov 16, 2018 2:37pm | Edited 3:02pm
Quoting steveq
Since the RB hit SL 3 times in a row last week, this week I back to test the original idea, set and forget. RB open on Monday and leave it till Friday. The basket reached 1500 pips today, but I didn't manually close it. This is the result till now. More to test. {image}
Yup that's write. Your next question is HOW MANY TIMES will you experience bad weeks with this setup. If you look at one of the earlier tests you will see that there are weeks where the baskets FALL and if you are in the wrong side then you will need to find a trigger or criteria that will help you ESCAPE with the less loss possible.

Once you figure that one out then you should have an awesome winner winner.

PS: check this out
https://www.forexfactory.com/showthr...17#post9626017
Our AWESOME IMAGINATION is the true holy grail!
6 traders viewing now