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CCFp weekly signals (set and forget basket trading)

  • #16,281
  • Jan 7, 2019 2:56am Jan 7, 2019 2:56am
hello guys,
first of all, thank you for your contribution of indicators and EAs, you guys rock!

I am new to this approach and still trying to figure stuff out. I am currently comparing the CMSM and CCfp indicators. While testing on the daily timeframe, i recognized some huge differences in the trade suggestions. See attached screenshot, for example the JPY

Attached Image (click to enlarge)
Click to Enlarge Name: cmsmVsccfp.jpg Size: 386 KB

Is there such a huge difference in the calculation of currency strength between these two indicators? Are there any PROs and CONs to these two indis?

Quoting Pippopotamus
{quote} Have been watching both for many months. The difference can be great at times, but most often is minimal. {image}
Is Pippopotamus statement still true with the newer versions?

I will try to catch up on the thread and read through it in the next days. I find the concept of currency strength really interesting.

Thanks!
  • #16,282
  • Jan 7, 2019 4:07am Jan 7, 2019 4:07am
Quoting xmess7
{quote} darranforex: Are you running both of these on the same machine or is it the same Metatrader(using two different charts)? Thnx J
There was something goofy going on with my broker since I came back to Thailand 2 weeks ago. I was using 2 instances of MT4 to test the weekly and mrdfx daily. I was using 2 more instances to test Yohec RB and VB. All instances have different account numbers. All 4 instances were on the same powerful VPS, or the same machine.

I will use a different broker this week, and that broker is +2 GMT now at this time of writing, in the winter. It is damn hard to remember it's winter-time here in Bangkok.
  • #16,283
  • Jan 7, 2019 5:49am Jan 7, 2019 5:49am
Hi dudes,

Been absent a while on this. But getting back in the flow - so impressed with the continuing work by especially xmess, but all the others as well!
  • #16,284
  • Jan 7, 2019 6:01am Jan 7, 2019 6:01am
I've opened up with MRDFX's setting this morning currently 8 trades open, sitting at +16 pips.

Last time I was involved, there didn't seem to be a consensus on the adding of trades after real/virtual basket open. Has there been any consolidation on this or is still just different strokes for different folkes?

Happy (belated) New Year to all and green pips of course
  • #16,285
  • Jan 7, 2019 8:20am Jan 7, 2019 8:20am
My Basket today hit 5.65% profit at about 14:15 GMT

EA: 44.3

CMSM 17.01

MRDF settings - lotsperbalance: 0.04/500

at the 3 hour mark I saw it was about 3% in profit but gave it room to continue as no big news until 3pm
  • #16,286
  • Jan 7, 2019 8:41am Jan 7, 2019 8:41am
My basket profit got locked after 100 pips ( according to my settings )
Maximum gain was 141 pips
Minimum was -19 pips

I opened the basket, 1/2 hour later after the US market opened.
profit got locked within one hour.

I would be thankful if anyone could tell me , is there a specific time to open the basket?
Like, when there is fast movement in the market ?
How we can identify or predict those kind of periods ?
At the moment I'm testing the basket right after market sessions get opened. ...
  • #16,287
  • Jan 7, 2019 9:34am Jan 7, 2019 9:34am
Quoting HengkiTjen
hey guys just wondering using SL/TP pips or % witch one is more effective ? any recomend ? or already been discussed? please guide me
In my opinion no difference other than with pips you keep a certain number in mind and then just adjust your lot size to get your desired TP.

I prefer % cause that tells me how much in actual cash the balance moved.

Basically it's what u prefer.
J
Our AWESOME IMAGINATION is the true holy grail!
  • #16,288
  • Jan 7, 2019 9:39am Jan 7, 2019 9:39am
Monday Basket

MT4 EA v44.3

EA: TP: 30% SL: 6% TakeProfit manual strategy with Manual_lock to begin at 5% to lock 1%. VbVtrigger @ +30pips,. Basket is closed if I AM ABLE TO SEE PROFIT Or I willmanully move lock up 5% for certain levels.

Indicator: CMSM v17.01 level 2@ PERIOD_W1, MA(3,5,MODE_EMA,PRICE_WEIGTHED). MA x [1,2,3,4,8,12]

Result: 0%

No trades today. Woke up and saw basket had not hit trigger.. so hit RESET button and Called it a day. Wenesday here we come.
Attached Image (click to enlarge)
Click to Enlarge Name: ccfp_live.jpg Size: 155 KB
Our AWESOME IMAGINATION is the true holy grail!
  • #16,289
  • Jan 7, 2019 6:42pm Jan 7, 2019 6:42pm
Attached Image


CMSM 19.01 V
Trade level : 2.0
Period : W1
demo account ..

Opened : 13.30 GMT
Profit Locked : 14.30 PM GMT
  • #16,290
  • Edited 2:33am Jan 8, 2019 2:15am | Edited 2:33am
Greetings folks - Happy new year

Yesterday, i didnt use the VB function. but ended up closing it for a slight loss.

I then traded manually with the indicator & so far, reached breakeven+

EDIT: trades closed for +- 8%
  • #16,291
  • Jan 8, 2019 3:43pm Jan 8, 2019 3:43pm
tuesday basket (1400 GMT) closed manually at 2.6% with DD of 7%

MT 5 + CSM v17
  • #16,292
  • Jan 9, 2019 2:49am Jan 9, 2019 2:49am
Quoting xmess7
{quote} In my opinion no difference other than with pips you keep a certain number in mind and then just adjust your lot size to get your desired TP. I prefer % cause that tells me how much in actual cash the balance moved. Basically it's what u prefer. J

hi jess yesterday im setting my Trailstop base on this guide.

-BeginingLockingProfit 10%
-Steplock 4%
-trailstop 4%

but my basket run to 14% and comback to 9% after im manually close ? is mean the TrailSTop not working ?

hopefully you understand jess
  • #16,293
  • Jan 9, 2019 7:53am Jan 9, 2019 7:53am
After almost catching up on the thread (~50 pages left), i will also start to post my results. That is the least i can do to give something back. I am using a slightly modified version of mrdfx template (edited some TP and profit lock rules). I hope that this "old" template is still up to date, otherwise i will find out in the coming days. I quess you could say, that i am still living in the past . Thanks once again to all of you, especially xmess7, mrdfx, grandaevus and Pippopotamus.

I am testing the CMSM V20.03 and V17.01 side-by-side, because V20.03 is still pretty fresh and i just loaded it from the paperclip.

My currently still running basket is showing some strange behaviour. The basket for V17.01 was opened immediately after the VB entry rule was triggered. That one worked perfectly

After the VB entry rule for the V20.03 basket was triggered, the EA opened only a few positions and added some more later on. The set file for both EAs are the same. See attached screenshot

Attached Image (click to enlarge)
Click to Enlarge Name: v2003error.png Size: 98 KB


i also attached my set file. Maybe someone of you guys can figure out what went wrong?

Also xmess7 or mrdfx, would you be so kind and share how many pips your basket usually moves before you hit TP ~5%? Thanks!
Attached File(s)
File Type: txt CmsmV20WithError.set.txt   2 KB | 182 downloads
  • #16,294
  • Jan 9, 2019 7:55am Jan 9, 2019 7:55am
Quoting HengkiTjen
{quote} hi jess yesterday im setting my Trailstop base on this guide. -BeginingLockingProfit 10% -Steplock 4% -trailstop 4% but my basket run to 14% and comback to 9% after im manually close ? is mean the TrailSTop not working ? hopefully you understand jess
Hi. Do you remember seeing what the EA display was telling you??
It would say something like
Profit Locked at 6%. Or 10%.

I should of worked.. unless there is a slight rounding error with the values or the profit hit 14% but it was between milliseconds vand by the time the EA saw the profit it was not 14% but lower so it would not make the adjustment. If u can remember what the profit lock number o the screen was that would at the least tell me that the EA locked the first portion to 6%.
Thnx
Our AWESOME IMAGINATION is the true holy grail!
  • #16,295
  • Jan 9, 2019 8:01am Jan 9, 2019 8:01am
Wednesday Basket

MT4 EA v44.3

EA: TP: 30% SL: 6% TakeProfit manual strategy with Manual_lock to begin at 5% to lock 1%. VbVtrigger @ +30pips,. Basket is closed if I AM ABLE TO SEE PROFIT Or I willmanully move lock up 5% for certain levels.

Indicator: CMSM v17.01 level 2@ PERIOD_W1, MA(3,5,MODE_EMA,PRICE_WEIGTHED). MA x [1,2,3,4,8,12]

Result: -3.95%

woke up and saw that it was down and decided to close before it reached the -6% stop. Monday heeeere we come.
Attached Image (click to enlarge)
Click to Enlarge Name: ccfp_live.jpg Size: 125 KB
Our AWESOME IMAGINATION is the true holy grail!
  • #16,296
  • Jan 9, 2019 8:38am Jan 9, 2019 8:38am
Quoting xmess7
Wednesday Basket MT4 EA v44.3 EA: TP: 30% SL: 6% TakeProfit manual strategy with Manual_lock to begin at 5% to lock 1%. VbVtrigger @ +30pips,. Basket is closed if I AM ABLE TO SEE PROFIT Or I willmanully move lock up 5% for certain levels. Indicator: CMSM v17.01 level 2@ PERIOD_W1, MA(3,5,MODE_EMA,PRICE_WEIGTHED). MA x [1,2,3,4,8,12] Result: -3.95% woke up and saw that it was down and decided to close before it reached the -6% stop. Monday heeeere we come. {image}
Good call Jess,

I run the similar settings, 10% SL hit at about 14:30 GMT

Should have closed at 3 hour mark but was away - luckily still demo
  • #16,297
  • Jan 9, 2019 9:21am Jan 9, 2019 9:21am
Wednesday Report:

V17.01:
Result: SL hit at 7,18%
looking at the equity curve, i think i should have closed the basket earlier
Attached Image (click to enlarge)
Click to Enlarge Name: v17.JPG Size: 186 KB


V20.03:
Result: Manual Close after 5 hours open. TP of 2,11%
equity curve showed a sharp increase, so i choosed to manually close the basket. See profit take profit
Attached Image (click to enlarge)
Click to Enlarge Name: v20.JPG Size: 191 KB


Still wondering what was going on with the 20.03 Basket, but it came out as a winner ...
  • #16,298
  • Edited 9:56pm Jan 9, 2019 9:35am | Edited 9:56pm
Quoting flylohudmo
{quote} Good call Jess, I run the similar settings, 10% SL hit at about 14:30 GMT Should have closed at 3 hour mark but was away - luckily still demo
Yep, typically if after 3 hours yer basket is in DD it usually won't recover so may as well take the loss which is usually less than the original SL.

I tell ya in the past I had allowed these to continue and of course I would see a complete SL.. then the following trade or week I would get a great profit and think.. if only I had closed out aely with less DD the profit would be significantly larger...
Our AWESOME IMAGINATION is the true holy grail!
  • #16,299
  • Jan 9, 2019 9:37am Jan 9, 2019 9:37am
Quoting Anrod
Wednesday Report: V17.01: Result: SL hit at 7,18% looking at the equity curve, i think i should have closed the basket earlier {image} V20.03: Result: Manual Close after 5 hours open. TP of 2,11% equity curve showed a sharp increase, so i choosed to manually close the basket. See profit take profit {image} Still wondering what was going on with the 20.03 Basket, but it came out as a winner ...
Hi anrod.. really appreciate your reporting....
So are u using yet own preset or a variation of any of the ones on pg1
Our AWESOME IMAGINATION is the true holy grail!
  • #16,300
  • Edited 10:21am Jan 9, 2019 9:58am | Edited 10:21am
Quoting xmess7
{quote} Hi anrod.. really appreciate your reporting.... So are u using yet own preset or a variation of any of the ones on pg1
Hi Jess,
i am using the mrdfx set file and did the following modifications:

- lowest margin allowed modified
- lotsizing to LotsPerBalance 0.01/300
- VB upper trigger to 25 pips
- SL to 7%
- TP placed into the land of milk and honey
- Trailstop set to Percent of profit: BeginLocking 5%; Lock Percentlevel 80%; StepLock 1% (i hope i am using this correctly. I want to lock in 4% when profit reaches 5% and trail it by 1%)

So basically some MM modifications and an open TP with trailing ...

Quoting xmess7
{quote} Yep, typically if after 3 hours yet basket is in DD it usually won't recover so may as well take the loss which is usually less than the original SL. I tell ya in the past I had allowed these to continue and of course I would see a complete SL.. then the following trade or week I would get a great profit and think.. if only I had closed out aely with less DD the profit would be significantly larger...
I am thinking about also doing this. I think that the correct EA configuration should look like this:
Attached Image

(If in DrawDown -> close basket after 3 hours of basket open) Please correct me if i am wrong. Thanks!
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