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CCFp weekly signals (set and forget basket trading)

  • #16,261
  • Jan 3, 2019 10:49am Jan 3, 2019 10:49am
Very interesting. It works on average with settings. So this screen doesn't always happen. There are also transactions that are closed. But it can work much more efficiently with more beautiful settings.
I thank everyone who contributed. There are also friends who hide the values and publish the screenshot ... No better publishing! If this is a public sharing platform, either share is open or not at all!
It has been translated from Turkish to English with Google Translate.

Original is ;
Çok enteresan. Bu ayarlar ile ortalama olarak çalışıyor. Yani bu ekran her zaman olmuyor. Zararlı kapandığı işlemler de var. Ama daha güzel ayarlar ile çok daha verimli çalışabilir.
Emeği geçen herkese teşekkür ederim. Bir de değerleri gizleyip ekran görüntüsü yayınlayan arkadaşlar var... Hiç yayınlama daha iyi ! Burası genel bir paylaşım platformu ise, ya paylaşımlar açık olsun ya da hiç olmasın !
Attached Image (click to enlarge)
Click to Enlarge Name: Test.jpg Size: 380 KB
  • #16,262
  • Jan 3, 2019 10:53am Jan 3, 2019 10:53am
Quoting mrdfx
{quote} I'm testing a new weekly setting, and I am using L2 instead of L4. I have not been trading the baskets live during the holidays, I will resume trading live on 07/01.
Hi mrdfx,

I am using your set file and i would like to know whether you open the basket only on Monday and Wednesday at 9 AM GMT or everyday at 9 AM?
Many thanks
regards
  • #16,263
  • Jan 3, 2019 11:54am Jan 3, 2019 11:54am
Quoting grandaevus
{quote} Indicator is working as it should be. You just need to lower your Trade Level. 2 is too high for m5, m15 & m30 time frame. Try with 0.05
Hi Grandaevus, wanted to say thanks for your work on this indicator. I downloaded and have been curious about the trade levels. I see some people have 2, 1.5,1 and other settings......could you tell me what these setting do......I believe you have said that it helps filter some of the trade suggestions, is that correct? In that do you mean if you have a higher setting, such as 2 versus one that is set at .5, both on the time frame of 1 hour, that the .5 will have more suggestions, but the level 2 will have higher quality suggestions......just trying to figure this out. I've tried to go back and track it down somewhere in this forum, but there are a lot of rabbit holes and this ole boy is not as young as he used to be.....anyway, thanks for any feedback and have a great day.
  • #16,264
  • Jan 3, 2019 12:56pm Jan 3, 2019 12:56pm
Quoting luca5594
{quote} Hi mrdfx, I am using your set file and i would like to know whether you open the basket only on Monday and Wednesday at 9 AM GMT or everyday at 9 AM? Many thanks regards
hi luca,
its 10AM GMT on Mondays & Wednesdays
  • #16,265
  • Jan 3, 2019 11:48pm Jan 3, 2019 11:48pm
Quoting Korndawg
{quote} Hi Grandaevus, wanted to say thanks for your work on this indicator. I downloaded and have been curious about the trade levels. I see some people have 2, 1.5,1 and other settings......could you tell me what these setting do......I believe you have said that it helps filter some of the trade suggestions, is that correct? In that do you mean if you have a higher setting, such as 2 versus one that is set at .5, both on the time frame of 1 hour, that the .5 will have more suggestions, but the level 2 will have higher quality suggestions......just...
That's right.
  • #16,266
  • Jan 4, 2019 9:54pm Jan 4, 2019 9:54pm
Since my last post #16,225, my xm7 hasn't taken any new trades since Dec 31, 2018. I've been away to the islands since then, and just got home today. Do I need to re-start or intervene in some way to get the daily set-up (or any TF set-ups for that matter) to take trades? Below are pictures of two daily set-ups, and the xm7 presets in "text" format. It seems like I am missing some small but very important step:
Attached Image(s) (click to enlarge)
Click to Enlarge Name: chart01.png Size: 58 KB
Click to Enlarge Name: chart02.png Size: 58 KB
Attached File(s)
File Type: txt ! 3-00PM.txt   2 KB | 272 downloads
File Type: txt ! 4-00PM.txt   2 KB | 210 downloads
  • #16,267
  • Jan 5, 2019 12:20am Jan 5, 2019 12:20am
Quoting darranforex
Since my last post #16,225, my xm7 hasn't taken any new trades since Dec 31, 2018. I've been away to the islands since then, and just got home today. Do I need to re-start or intervene in some way to get the daily set-up (or any TF set-ups for that matter) to take trades? Below are pictures of two daily set-ups, and the xm7 presets in "text" format. It seems like I am missing some small but very important step: {file} {file} {image} {image}
And here are two charts showing all of the BUY pairs (green background) and all of the SELL pairs (red background) ...combined onto a candle chart to show price action for last week:
Attached Image(s) (click to enlarge)
Click to Enlarge Name: #Cbuy6#06iH1.png Size: 132 KB
Click to Enlarge Name: #Csel6#06iH1.png Size: 108 KB
  • #16,268
  • Jan 5, 2019 12:44am Jan 5, 2019 12:44am
Same pairs on a basic B&W candle chart, M15 TF.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: #Cbuy6#06iM15basic.png Size: 38 KB
Click to Enlarge Name: #Csel6#06iM15basic.png Size: 41 KB
  • #16,269
  • Edited 11:09am Jan 5, 2019 9:47am | Edited 11:09am
Hi Jess,

Recently I've been testing a daily setting to open at 6 GMT, but for some reason the virtual basket never opens. I've used these same settings to open a basket at other times without any problems. For some reason 6 GMT is an issue. Do you mind taking a look at my set file when you have a chance?

Thanks in advance,

Priz
Attached File(s)
File Type: doc Dailly 6 GMT setting.doc   2 KB | 379 downloads
  • #16,270
  • Jan 5, 2019 10:05pm Jan 5, 2019 10:05pm
Quoting blankman
{quote} hi luca, its 10AM GMT on Mondays & Wednesdays
???!!! ...It is?

Then why does the mrdfx preset that we are re-directed to from page 1 state: GMTOpenHour=09:00?
...Even that is an hour after the London session opens! (Which would make sense to wait an hour, which I think I read somewhere).

I don't remember reading anything about waiting two hours after LO to start mrdfx... but if I missed it, please tell me what post# to read again please.

I understand AllowTradingByDays=Monday, Wednesday

People get confused with (some countries) clocks changing twice a year, which is why we should always refer to GMT (which is always the same as the time in Reykjavik, Iceland, by the way) ...and mention summer or wintertime. Even though GMT is constant, the semi annum must be inferred.

https://www.worldtimebuddy.com/
https://www.timeanddate.com/

I noticed that Yohec said he waits until 40 minutes after the NY session opens. He wrote that and supplied his preset in the month of May, which is (was) summertime in the USA. The time to open RB and VB "Yohec method" on Tuesday (at the time of this writing, in the winter in USA) ...is 15:10GMT.

If you think this is confusing, you should visit my planet that orbits in a figure-8 around two stars! Just kidding, of course.
  • #16,271
  • Jan 5, 2019 10:32pm Jan 5, 2019 10:32pm
I want to believe you blankman, I'm just confused.
  • #16,272
  • Jan 5, 2019 11:09pm Jan 5, 2019 11:09pm
Quoting darranforex
I want to believe you blankman, I'm just confused.
darren hi:

The reason for the different open hour... 10:00 GMT vs 09:00 GMT is due to the daily savings time change.
In the summer or day light savings time (after 3 week of April, I think) we use 09:00 GMT. During this time (which started in November) we use 10:00 GMT
Our AWESOME IMAGINATION is the true holy grail!
  • #16,273
  • Jan 5, 2019 11:28pm Jan 5, 2019 11:28pm
Quoting DjPriz
Hi Jess, Recently I've been testing a daily setting to open at 6 GMT, but for some reason the virtual basket never opens. I've used these same settings to open a basket at other times without any problems. For some reason 6 GMT is an issue. Do you mind taking a look at my set file when you have a chance? Thanks in advance, Priz {file}
I ran your preset and I did not have any issues with it opening a virtual basket. The virtual basket opened at 0601 GMT just as it indicated in the set file.

What you can do is set the OpenHour to something like 1 minute later. Then run the EA and wait. if you don't see it open a vbasket one minute later record what you see in the Expert Log. We are looking for errors of any kind that might show up.

Let me know if you continue seeing this issue.
J
Our AWESOME IMAGINATION is the true holy grail!
  • #16,274
  • Jan 5, 2019 11:30pm Jan 5, 2019 11:30pm
Quoting darranforex
Since my last post #16,225, my xm7 hasn't taken any new trades since Dec 31, 2018. I've been away to the islands since then, and just got home today. Do I need to re-start or intervene in some way to get the daily set-up (or any TF set-ups for that matter) to take trades? Below are pictures of two daily set-ups, and the xm7 presets in "text" format. It seems like I am missing some small but very important step: {file} {file} {image} {image}

darranforex:
Based on the images you show.. it looks like the EA stopped working. Notice that the Broker clock is not the same as the GMT clock.
Broker: 00:00
GMT: 22:33

I don't know what your GMT offset is for your broker but at the very least the minutes should be the same.
That tells me that the EA is not working, it needs to be restarted.
J
Our AWESOME IMAGINATION is the true holy grail!
  • #16,275
  • Jan 5, 2019 11:37pm Jan 5, 2019 11:37pm
Quoting ThePit
A friend of mine and me have been lookin for a good entry EA to use with a recovery EA we have baced on martingale and this looked like a very good candidate i mean to let the winners run until profit target it made adding possisions to the basket until 5 ore 10% achived and let the martingale recovery EA pick up the loosers and getting them out with a small proit instead of loss i mean many belive martingale is not working but i belive if the trades are in direction of trend ore with the strongest currencie the moves against you will be limited...
Hey ThePit:
I was on break, sorry for the delay in answering. Back in mid 2017 we tried something similar to what you are proposing and it was not successful. PM me and lets chat about what you have, I am open to anything that will pull down the DD or "recover" it..

J
Our AWESOME IMAGINATION is the true holy grail!
  • #16,276
  • Jan 6, 2019 2:15am Jan 6, 2019 2:15am
UPDATE coming soon.

For those of you that are looking intro the multiple hour scheme, the next version will have that working.

I updated v44.3 and have been able to make the multiple hours work with no issues. I also will add/rename a couple of inputs that will allow the EA to add more trades (when using multiple hours) or allow hedges into the real basket. For example if the EA see's the same trade symbol but with its operation flipped, you can now tell the EA to add the flipped trade (hedge) and keep the first trade open.

I might release v44.4 tomorrow before the week starts.

Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #16,277
  • Jan 6, 2019 7:06am Jan 6, 2019 7:06am
Quoting xmess7
{quote} darranforex: Based on the images you show.. it looks like the EA stopped working. Notice that the Broker clock is not the same as the GMT clock. Broker: 00:00 GMT: 22:33 I don't know what your GMT offset is for your broker but at the very least the minutes should be the same. That tells me that the EA is not working, it needs to be restarted. J
OK, I'll restart the EA. Does the EA usually need to be restarted every day if you are trading the daily?

So, for this time of the year (wintertime in USA);

mrdfx trades Mondays and Wednesdays starting 10:00 GMT.

Yohec trades RB and VB starting 15:10 GMT on Tuesdays.

Page 1 weekly trade starts at 8:00 GMT.
  • #16,278
  • Jan 6, 2019 12:13pm Jan 6, 2019 12:13pm
Quoting darranforex
{quote} OK, I'll restart the EA. Does the EA usually need to be restarted every day if you are trading the daily? So, for this time of the year (wintertime in USA); mrdfx trades Mondays and Wednesdays starting 10:00 GMT. Yohec trades RB and VB starting 15:10 GMT on Tuesdays. Page 1 weekly trade starts at 8:00 GMT.
No, you do not need to restart it, it should remain on and operating. The only thing you should see different is that when the new GMT day starts the vbasket will be reset back to zero trades.

I don't know why your setup stopped working, it would be a matter of conducting several tests to see if there is some bug that I am not aware of.
In my case I have run the EA v44.3 for weeks without restarting it and have had no issues. Continue running it and if you still see this happen again let me know and we'll take care of it.

Don't get to involved with the original rules on pg1 (which are not exactly on pg1 anymore, I'll provide the original rules below). The presets that were placed on the first page were done so cause they do work (more than 12 months of data from the user's the presented them).

I would start with the preset that I see fit for me and then add my own modifications (TP,SL, etc etc). I believe that if simple just use the presets as they are, you will be profitable. But nothing wrong with experimenting, as long as you FIGURE out what you are doing. There are two more candidates that I think we will be seeing soon on pg1. They seem to be good presets that yield great numbers, we just need data, months of forward test (and if possible live) data to confirm that they work during many of the different scenarios that the market yields.

Anyhow for your information, these are the ORIGINAL RULES that were posted back in Jan 2017 when this thread was started by ForexPinbar.

1.Open 1 minute chart EUR/USD and attach the CCFP indicator.

2.Download CCFpWEEKLYtemplate.tpl(which contains all my settings of the indicator I use) and load it on the 1minute chart.

3.Open another chart(EUR/USD) Daily chart.This is where you will enter all your basket positions.

4.Look at all the buy and sell signals of the CCFp indicator and get ready to enter when London opens

5.Every Monday exactly when London opens , enter all the signals you see in the CCFp indicator with your broker(demo account) at the same time London opens.

6.Set basket Take profit=500pips and Basket stop loss=200pips.

7.Leave basket positions open till Friday and close all positions 10minutes before New York closes.

8.If your basket take profit=500pips is hit before Friday ,dont open any more positions.Wait for next week Monday and repeat the process again.If basket stop loss=200pips is hit before Friday dont open any more positions until next week Monday.

9.You can use any trade manager or basket dashboard of your choice to enter the basket positions and manage them.
Our AWESOME IMAGINATION is the true holy grail!
  • #16,279
  • Jan 6, 2019 12:17pm Jan 6, 2019 12:17pm
Quoting darranforex
Since my last post #16,225, my xm7 hasn't taken any new trades since Dec 31, 2018. I've been away to the islands since then, and just got home today. Do I need to re-start or intervene in some way to get the daily set-up (or any TF set-ups for that matter) to take trades? Below are pictures of two daily set-ups, and the xm7 presets in "text" format. It seems like I am missing some small but very important step: {file} {file} {image} {image}

darranforex:
Are you running both of these on the same machine or is it the same Metatrader(using two different charts)?
Thnx
J
Our AWESOME IMAGINATION is the true holy grail!
  • #16,280
  • Jan 7, 2019 2:03am Jan 7, 2019 2:03am
hey guys
just wondering using SL/TP pips or % witch one is more effective ?
any recomend ? or already been discussed?
please guide me
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