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CCFp weekly signals (set and forget basket trading)

  • #16,381
  • Jan 17, 2019 11:43am Jan 17, 2019 11:43am
I know today is not a trading day for this system (at least according to the one I addopted) but I was just trying the settings and other functions like stops and trails (still don't get it - there should be manual with this EA <--- Joke) and I opened 2 baskets today.

1. finished with +5.5% of the account - I am happy with this - if this would be consistent I will be well rich :-)
2. I closed manualy at +3.5% of the account.

I know this is just my lack but this is very encouraging :-)



GREEN PIPS PEOPLE.

Ps. I hate it when I have something to test and the weekend is in the way. I never thought I will say that but sometimes I hate the weekends :-)
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  • #16,382
  • Jan 17, 2019 12:07pm Jan 17, 2019 12:07pm
How to set VB to allow only 5 trades?

MaxAllowedTrades=5 not working
If new Trades appears add to list= disabled
  • #16,383
  • Jan 17, 2019 12:52pm Jan 17, 2019 12:52pm
Quoting muhanif1990
{quote} hi xmess7, i use ver 44.3 i think not logic if margin not enough because i try it on demo acc with 100k usd and start with lot 0.01 ok i try again... but can u edit the version 44.3 to input what pair to trade or open entry based on spread (max spread) ? because if have 15 pair to open trade with modal start 50 usd i know it not possible because not enough margin...



Hi, The Ea does not have a setting to detect spreads. The reason for this is because the EA was originally created to "READ" the trade suggestions from the indicator list. In essence the EA is letting the indicator be responsible for all of those conditions (pairs spread, pairs to trade, etc etc). But what the EA does have is the ability to calculate the margin required for each trade it wants to open. Look at the input "Lowest %margin allowed to open new trades" Set that to the lowest margin you are willing to accept. This input is more critical for trades that are in the US cause they have to deal with 50:1 leverage and that limits the margins they have available to trade. What you can do is check with your broker to see how low of a margin is allowed before a margin call happens. Once you have that number then set the input to something a little over that. for example most brokers employ a 79% margin before a margin call. You would then set the input to 85%. This will give you the most room to open many more trades and since we always keep our SL within a small percentage, you should never see a margin call,, ever.

J
Our AWESOME IMAGINATION is the true holy grail!
  • #16,384
  • Jan 17, 2019 1:04pm Jan 17, 2019 1:04pm
Quoting Forbas
Hi all. Just come across this thread. Very interesting idea. I managed to get to page 80 and realize if I want to go through it all it will take me ages. Also looking by the last pages, the original version and idea of this strategy is very much changed. Now I don't mind to put serious time in reading and analyzing it but I would like to ask few questions first. Is anyone using this strategy live with a success ? How old are the strategies of MrDFX and YOhEC: Is there a shortcut eg I could start from page where CMSM was introduced ? Ps. I have noticed...
Forbas:

Hello and welcome. Looks like you already answered some of your questions. I am still in contact with the ForexPinBar (the thread starter), how do you think those links got added on to the first page?? LOL. The simple answer to your shortcut question is this, download one of the presets, setup the indicators accordingly, load the EA on to a chart, load the preset and just let it run! the MRDFX and Yohec(wait till you see what he has in store for us ) have been running for at the least 1 year. I don't recall the exact number of months but both have also been running live for a considerable amount of time.
I don't have my notes with me but I myself back in Mar-May 2017 had a 10 week winning streak where I saw a 2000 account go up to about 3900 or so.. got real close to doubling it.. I forget the number. Now, that was using the ORIGINAL rules (which I also posted somewhere LOL) but the change was that I would close out on the same day instead of waiting for the end of the week. Currently I am using a variation of MRDF's profit and have done very well with it. As you probably have already seen the results are posted Monday and Wednesday. I use a live account (FXchoice with a 200:1 leverage). Last month I made over 27% return. This month I am at about 6% so far, I think... So there is history and we are using live accounts.

Later on when I get home I'll get my notes and post the information I just talked about. Yup, there are many pages in this thread but I kept notes LOL!
Any questions let me know...

Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #16,385
  • Jan 17, 2019 1:17pm Jan 17, 2019 1:17pm
Quoting flylohudmo
{quote} Hi Jess, Did you ever get round to this? Testing your old 10 week straight winner system you had with the more recent EAs/ccfp? I guess your current system is pretty similar. If I remember correctly: -It was EA version 37.7.7 and the original CCFp TF TL2 -you didn't use a VB at all right or any additional filters? Or am I wrong with that. -Just Monday trading at 10:00 GMT -Basket open until SL/TP, or end of week - no 3 hour rule or end of day closure. -No trail. Real simple - I'm thinking of trying replicate this with the new EA and old...
You know, once I am done with this programming thing... I will go back and set it up again. you do not need to use 37.7.7 in fact I wouldn't use it. I have made so many corrections to some of the calculations that I know the older versions have them and they could affect the results. but the CORE operations are still the same. The core operations are :
1. READ the indicator trade suggestions lists
2. Wait for the open hour to happen
3. Once the open hour happens check any filter and open any trades from list that pass the filters.
4. Monitor basket profit, close If TP or SL or End of DAy (if using daily), end of week(if using weekly mode), or A stop Lock is reached.

These steps are the same no matter if you are using version 1 or verion v44.3 or if you are using the mq5 versions.

Basically my approach was the same as the original rules except I would close the same day, I don't remember having to wait many hours, I just remember being done like in a couple of hours.

So this is what I recall:
1. Open hour: 11:00 GMT
2. NO SL, TP 10%
3. If I saw the basket at +7% or more I could close it an not wait
4. Used original CCFP (I forget settings Wk1, TF I think... )

I'll post all the details later when I get home...

Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #16,386
  • Jan 17, 2019 1:28pm Jan 17, 2019 1:28pm
Quoting thomas1386
Hello to all traders and fans of this amazing system, Here is a little update from my attempts with this system. Monday I opened a Basket like I do it since August 2018. Take profit was hit at around 211 pips. But at the same time I opened the same basket as a virtual basket with very high pips for the trigger just to see how it goes during the week. It would have made over 1000 pips this week. I will observe this the next weeks to see if it ist better to give the basket more time. My last 2 wednesday baskets were losses, that is the reason why...
Thomas thanks for the info. Please continue to update us and do post your presets if you haven't already.

Question. You mentioned that you open the basket at 8, 10, and 12... do you allow any basket to overlap the next one? for example if a basket opens at 10 and when 12 comes around and the 10 oclock basket is still open do you allow the 12 oclock basket to open? How do you handle those situations?

the reason I ask is because the next version that is coming up will have the multiple open hour input working. You will be able to tell the EA to open a various times of your choosing. I am also going to add close hours. So in essence you can have like ranges of open to close hours where the EA will check at the indicated time and then close a basket whether in profit or not.. Let me know so I can incorporate anything that may be different from what you are doing.
J
Our AWESOME IMAGINATION is the true holy grail!
  • #16,387
  • Jan 17, 2019 1:37pm Jan 17, 2019 1:37pm
Quoting dashurry
How to set VB to allow only 5 trades? MaxAllowedTrades=5 not working If new Trades appears add to list= disabled
dashurry:
Just hang in there. I plan to release the new version soon. That has fixed the MaxAllowedTrades input and also includes another input MaxVirtTradesAllowed that will let you control the max number of virtual trades.

So.... coming soon..
J
Our AWESOME IMAGINATION is the true holy grail!
  • #16,388
  • Jan 17, 2019 1:46pm Jan 17, 2019 1:46pm
Quoting xmess7
{quote} Forbas: Hello and welcome. Looks like you already answered some of your questions. I am still in contact with the ForexPinBar (the thread starter), how do you think those links got added on to the first page?? LOL. The simple answer to your shortcut question is this, download one of the presets, setup the indicators accordingly, load the EA on to a chart, load the preset and just let it run! the MRDFX and Yohec(wait till you see what he has in store for us ) have been running for at the least 1 year. I don't recall the exact number...
WoW - thanks for the answer.
  • #16,389
  • Jan 17, 2019 1:53pm Jan 17, 2019 1:53pm
my results for today:

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what a day
  • #16,390
  • Jan 17, 2019 2:08pm Jan 17, 2019 2:08pm
How nice to see that this is working. Thank you xmess7 for taking the time to explain this to me and others watching. I hit my TP of 2.5%. I know it's not a big TP target, but it's way, way enough for me if it's consistent! Below are my pictures:
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  • #16,391
  • Jan 17, 2019 2:17pm Jan 17, 2019 2:17pm
Attached Image (click to enlarge)
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  • #16,392
  • Jan 17, 2019 2:40pm Jan 17, 2019 2:40pm
Quoting dashurry
my results for today: {image} {image} {image} {image} {image} what a day
all BIG winners - very nice :-)
  • #16,393
  • Jan 17, 2019 2:41pm Jan 17, 2019 2:41pm
Quoting darranforex
How nice to see that this is working. Thank you xmess7 for taking the time to explain this to me and others watching. I hit my TP of 2.5%. I know it's not a big TP target, but it's way, way enough for me if it's consistent! Below are my pictures: {image} {image} {image} {image} {image}
I agree. Small % each week, but consistently - all you have to do is adjust position size to your risk appetite and margin call level :-)
  • #16,394
  • Jan 17, 2019 5:18pm Jan 17, 2019 5:18pm
hey Forbas

please check your private messages

regards, blam

Quoting Forbas
Hi all. Just come across this thread. Very interesting idea. I managed to get to page 80 and realize if I want to go through it all it will take me ages. Also looking by the last pages, the original version and idea of this strategy is very much changed. Now I don't mind to put serious time in reading and analyzing it but I would like to ask few questions first. Is anyone using this strategy live with a success ? How old are the strategies of MrDFX and YOhEC: Is there a shortcut eg I could start from page where CMSM was introduced ? Ps. I have noticed...
  • #16,395
  • Jan 17, 2019 8:29pm Jan 17, 2019 8:29pm
Does anybody has this problem in experts tab?

Quote
2019.01.18 07:40:07.496 ###CMSMIndV20.03 NZDCHF,H1: indicator is too slow, 1688 ms. rewrite the indicator, please
  • #16,396
  • Jan 17, 2019 9:20pm Jan 17, 2019 9:20pm
Quoting darranforex
How nice to see that this is working. Thank you xmess7 for taking the time to explain this to me and others watching. I hit my TP of 2.5%. I know it's not a big TP target, but it's way, way enough for me if it's consistent! Below are my pictures: {image} {image} {image} {image} {image}
darran:
When I am done programming this EA (which is very soon) I plan to release instructional videos that cover all of the inputs and perhaps some things folks can do to figure out what is going etc etc. Videos will illustrate alot better than text what and how this EA works. Once you guys see what is happening it will become real clear cause the EA is basically a monitor... it monitors the indicators for the trade suggestion list and then when a basket is open it monitors profit... that's all it is in a nutshell.
Our AWESOME IMAGINATION is the true holy grail!
  • #16,397
  • Jan 17, 2019 9:54pm Jan 17, 2019 9:54pm
Quoting Forbas
Hi all. Just come across this thread. Very interesting idea. I managed to get to page 80 and realize if I want to go through it all it will take me ages. Also looking by the last pages, the original version and idea of this strategy is very much changed. Now I don't mind to put serious time in reading and analyzing it but I would like to ask few questions first. Is anyone using this strategy live with a success ? How old are the strategies of MrDFX and YOhEC: Is there a shortcut eg I could start from page where CMSM was introduced ? Ps. I have noticed...

Here you go... here is what I was talking about.
The following is Pg 265 the 11th week, the last trade I took for the 11 week run.:
https://www.forexfactory.com/showthr...31#post9898731

and I take it back I did have one loss...
https://www.forexfactory.com/showthr...82#post9679882
That was cause I was messing around the with the 300 pip surge idea.
after that it was just profit or no trades...

I have attached the earliest preset I could find and I think this is it... I did some calculations and based on the images, yea this must be it.
The ccfp-diff indicator settings are on the pg 265 image.

This is VERRRRY AGRRESSIVE. The basket is opened on Monday with no SL and a TP of 10%. The open hour is 11:00 GMT and the lot size is 0.01 lots/$200. Again ... VERRRRY AGRESSIVE!! LOL. Oh and once you open it You LET IT GO you do not touch it. Unless you see more than 7% or the lowest I went was -24%.

if you want more links to see the weekly progress let me know, I got them all documented.

LOL.

J
Attached File(s)
File Type: txt xm7_ccfp.set.txt   < 1 KB | 266 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #16,398
  • Jan 17, 2019 10:49pm Jan 17, 2019 10:49pm
Quoting xmess7
{quote} The basket is opened on Monday with no SL and a TP of 10%. The open hour is 11:00 GMT and the lot size is 0.01 lots/$200.
Is there a reason you do not start the EA on Sunday evening at market open?
  • #16,399
  • Jan 17, 2019 11:55pm Jan 17, 2019 11:55pm
Quoting DeathCab
{quote} Is there a reason you do not start the EA on Sunday evening at market open?
Never entered my mind. Besides when all of this started I was just building the EA to the original rules which are the following:

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.

Notice that Sunday is not mentioned anywhere? Besides, my trading preference is to start around noon time eastern... that's when all the US trade folks are at lunch... cause man they usually mess everything up when the NY stock market opens.
Our AWESOME IMAGINATION is the true holy grail!
  • #16,400
  • Jan 17, 2019 11:57pm Jan 17, 2019 11:57pm
Quoting eSupun
Does anybody has this problem in experts tab? {quote}
It should not be an issue, it just means that the indicator took longer than what the MT4 program expected it to accomplish something.
AS far as I know, its only at the beginning that the indicator will be slow... after that it should work just fine.

J
Our AWESOME IMAGINATION is the true holy grail!
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