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CCFp weekly signals (set and forget basket trading)

  • #16,401
  • Jan 18, 2019 1:11am Jan 18, 2019 1:11am
Quoting xmess7
{quote} 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...
Thanks for that.

Oh man, no SL and -24% DD, I don't think I could take this lvl of stress :-) I think, I will stay at 10%SL 5.5TP for the moment.


Many thanks for digging this up for me :-)

GREEN PIPS PEOPLE
  • #16,402
  • Jan 18, 2019 3:47am Jan 18, 2019 3:47am
Quoting xmess7
{quote} 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...
Hi Jess,
My EA settings are following: Trade Mode: Daily
Close: 21:30 ( Friday close: 19:50)
ATR Period: 5 (Set SL with ATR = True)
ATR Time Frame: D1
ATR Multipler for SL: 0.3
Trailstop: Percent of Profit
Step: 10 (pips)
BeginLocking Profit: 150 (pips)
Lock Percent Level: 50 (%)

These are the EA settings which I also use in my live trading this system (in live I use trade mode weekly because sometimes one day is not enough to reach TP). Sometimes I see the baskets going down a lot of pips before coming back to the profit zone.

This is the reason why I want to test if a 12 o'clock basket would be better. But maybe my thinking is not correct because at 12 o'clock there are slightly different suggestions from the indicator. (only exception would be using the original ccfp indicator with settings false/false)
But I also wantet to compare the cmsm indi V17 with the V19 - so I set up a demo with 6 EA's using the settings above.
The indicator settings are: V17 = trade level 2, period W1
V19 = trade level 2, period D1

So sometimes there are all 6 baskets open the same time. They are all closed at 21:30 (friday 19:50) when SL or TP are not hit.
These 6 baskets are opened without a virtual basket because i want a result everyday.
I am creating an excel list with following content: gain max, gain min, SL, TP, pip gain.
I put in the results every evening. The excel sheet hat a filter funktion for the days so it is easy to see how each setting did each day.

I will add the results of the weekly basket too because I think it is worth trying the original rules again to compare them.
(in the moment the weekly basket with indi cmcm V17 has got 1262 pips, lowest pips -152, highest pips 1807 -15 pairs in the basket)

I know a lot of testing is already done since the beginning of the thread but a lot of them are worthless for trading them live (too risky).
I try to find settings for each day and then trade the system every day with one basket a day. This way I have a maximum risk for each day which may
vary a bit because of the different numbers of pairs which are traded.

Now the only thing to do is to forward test the next weeks and see how it goes. I will post the monthly results and add the excel sheet.

Thomas
  • #16,403
  • Jan 18, 2019 5:55am Jan 18, 2019 5:55am
Quoting Forbas
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...
I ended up starting the basket at 08:10 GMT yesterday & closed for 4.07% profit with csm v20
  • #16,404
  • Jan 18, 2019 6:01am Jan 18, 2019 6:01am
Quoting eSupun
Does anybody has this problem in experts tab? {quote}
hey bud, lower the period multiplier range value & see if it makes a difference. by default its on 40, try it on 20 and see
  • #16,405
  • Jan 18, 2019 7:22am Jan 18, 2019 7:22am
Quoting xmess7
{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
Thanks for the quick reply. Unfortunately, this warning is shown both in my desktop and VPS. And I tested it in multiple MT4 platforms. Same result and it does not stop after initializing. It continues to slow down. Most of the time, MT4 is not responding.
  • #16,406
  • Jan 18, 2019 7:46am Jan 18, 2019 7:46am
Quoting blankman
{quote} I ended up starting the basket at 08:10 GMT yesterday & closed for 4.07% profit with csm v20
Nice. Was it live or demo ?
  • #16,407
  • Jan 18, 2019 7:48am Jan 18, 2019 7:48am
Quoting Forbas
{quote} Nice. Was it live or demo ?
hi forbas - live
  • #16,408
  • Jan 18, 2019 8:04am Jan 18, 2019 8:04am
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...
Hi Xmess,

I am really glad we have people like you here. I have a simple question just like Forbas I am more than happy to look on every page of this thread. But before I do that, could you please advise if there is any way to run these programs on Apple devices? especially indicators? I would love to try this system

Also if this wouldn't be a problem for you, what page can I find the newest version of each program, At the moment I have MT4 downloaded from iC Market.

Thanks in advance.
Money is a part of what turns you into who you are.
  • #16,409
  • Jan 18, 2019 11:13am Jan 18, 2019 11:13am
Quoting koziolq
{quote} Hi Xmess, I am really glad we have people like you here. I have a simple question just like Forbas I am more than happy to look on every page of this thread. But before I do that, could you please advise if there is any way to run these programs on Apple devices? especially indicators? I would love to try this system Also if this wouldn't be a problem for you, what page can I find the newest version of each program, At the moment I have MT4 downloaded from iC Market. Thanks in advance.
Just download indis from 1st page. Put indis and templates in relevant folders in your MT4. Follow the links from 1st page to the best working set ups. Read a bit about each of them - I was jumping from page to page to find everything about them - it is all there just scattered over the thread. Once you decide which set up you want to go for, just apply the settings to the EA, demo it until you happy with results - GO LIVE and PROFIT.

PS. I am also with IC_MARKETS.
  • #16,410
  • Jan 18, 2019 11:56am Jan 18, 2019 11:56am
WILL UPDATE LINK ON FIRST PAGE SOON

Folks:
I just realized that the link on pg1 for downloading the EA is not working. I have already notified Pinbar to update the links. In the mean time I fixed the links so that they would point to the latest versions. When you download them from the links the name will not reflect the version but you will be getting the correct copy.

Anyhow the links are working now and they are pointing to the latest files.

J
Our AWESOME IMAGINATION is the true holy grail!
  • #16,411
  • Jan 18, 2019 12:02pm Jan 18, 2019 12:02pm
Quoting koziolq
{quote} Hi Xmess, I am really glad we have people like you here. I have a simple question just like Forbas I am more than happy to look on every page of this thread. But before I do that, could you please advise if there is any way to run these programs on Apple devices? especially indicators? I would love to try this system Also if this wouldn't be a problem for you, what page can I find the newest version of each program, At the moment I have MT4 downloaded from iC Market. Thanks in advance.
koziolq:
Hi, are you referring to running MT4 on iphone? AS you probably already know you can run MT4 on iMac machines. Here's a link that describes what you need to setup. Make sure to download the Ea fonts from the ccfp_weekly site too, those will help for in case the fonts are not there in the mac install.

https://www.metatrader4.com/en/tradi...de/install_mac

I have tested this myself on MT4 and no issues, in fact several folks run it on mac.

Yes, like Forbas indicates, just go to page 1 to get the latest EA and click on the mentioned links (you will see them right there in first paragraph). I already fixed the links so you should be able to click and download it to your machine.

Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #16,412
  • Jan 18, 2019 12:05pm Jan 18, 2019 12:05pm
Just realized he asked about apple mac
  • #16,413
  • Jan 18, 2019 12:19pm Jan 18, 2019 12:19pm
Quoting thomas1386
{quote} Hi Jess, My EA settings are following: Trade Mode: Daily Close: 21:30 ( Friday close: 19:50) ATR Period: 5 (Set SL with ATR = True) ATR Time Frame: D1 ATR Multipler for SL: 0.3 Trailstop: Percent of Profit Step: 10 (pips) BeginLocking Profit: 150 (pips) Lock Percent Level: 50 (%) These are the EA settings which I also use in my live trading this system (in live I use trade mode weekly because sometimes one day is not enough to reach TP). Sometimes I see the baskets going down a lot of pips before coming back to the profit zone. This is the...
Thomas:
I am documenting your settings. When you get a chance please post the set file so we can have the whole input picture.
The most important thing to discover is the max average DD and how often it happens. Those two items will give you a clear picture into how you setup your
TP for the future.

Yep, that's what I did when I was using the original settings. I just opened the basket and let it run for the week until I saw profit, it hit TP, it hit SL, Or closed it out on Friday 1 hour before market close.
Our AWESOME IMAGINATION is the true holy grail!
  • #16,414
  • Jan 18, 2019 12:21pm Jan 18, 2019 12:21pm
Quoting xmess7
WILL UPDATE LINK ON FIRST PAGE SOON Folks: I just realized that the link on pg1 for downloading the EA is not working. I have already notified Pinbar to update the links. In the mean time I fixed the links so that they would point to the latest versions. When you download them from the links the name will not reflect the version but you will be getting the correct copy. Anyhow the links are working now and they are pointing to the latest files. J
Quoting forbas
Just download indis from 1st page. Put indis and templates in relevant folders in your MT4. Follow the links from 1st page to the best working set ups.
Xmess7 and Frobas, I am new and am just starting out. I have my mt4 vps all up and ready to go. From Post #1 I have downloaded the "xm7_Ccfp_wkly_TradeMonitor_v44.ex4" which I assume is the latest version of the EA.

But now I am confused on what else I need to download. There are many links at the beginning and at the end of Post #1 causing my head to "swim" haha.

Any advice on what my next step needs to be would be greatly appreciated.

Adam
  • #16,415
  • Jan 18, 2019 12:53pm Jan 18, 2019 12:53pm
Quoting xmess7
{quote} Yep, that's what I did when I was using the original settings. I just opened the basket and let it run for the week until I saw profit, it hit TP, it hit SL, Or closed it out on Friday 1 hour before market close.
I remember when you were posting your results during the early days. Have you considered going back to that system? You almost doubled your account in 10 weeks. That is a fantastic result. Have you had equal or better results using the different methods?

I might try testing your original system using minimum position size. All you did really is open the basket up at 11:00 GMT and let it run without doing anything fancy. Very simple. Back in the days before Virtual Baskets.

I will try it with no SL and profit lock at 300 pips. I'll run it along side my regular systems and see how it performs.
  • #16,416
  • Edited Jan 19, 2019 2:24am Jan 18, 2019 3:02pm | Edited Jan 19, 2019 2:24am
My results for today, Friday January 18, 2019:
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDM1 01.png Size: 47 KB
Click to Enlarge Name: EURUSDM5 02.png Size: 27 KB
Click to Enlarge Name: EURUSDM15 03.png Size: 16 KB
  • #16,417
  • Jan 18, 2019 3:35pm Jan 18, 2019 3:35pm
Quoting yohec
{quote} I remember when you were posting your results during the early days. Have you considered going back to that system? You almost doubled your account in 10 weeks. That is a fantastic result. Have you had equal or better results using the different methods? I might try testing your original system using minimum position size. All you did really is open the basket up at 11:00 GMT and let it run without doing anything fancy. Very simple. Back in the days before Virtual Baskets. I will try it with no SL and profit lock at 300 pips. I'll run it...
As I tippy-toe through my late 50's, I often find the "original" idea was the best, even though I'd spent much time trying to make it better. I like to keep it simple.
  • #16,418
  • Jan 18, 2019 5:03pm Jan 18, 2019 5:03pm
Quoting yohec
{quote} I remember when you were posting your results during the early days. Have you considered going back to that system? You almost doubled your account in 10 weeks. That is a fantastic result. Have you had equal or better results using the different methods? I might try testing your original system using minimum position size. All you did really is open the basket up at 11:00 GMT and let it run without doing anything fancy. Very simple. Back in the days before Virtual Baskets. I will try it with no SL and profit lock at 300 pips. I'll run it...
Yes, I plan to go back to that simple approach. The current approach has been very consistent, so its fairly safe in terms of DD. You really can't lose with the presets on the first page... well what I mean is you can't blow the account. If you do get into a big DD, as long as you dont stop and let the EAs do the job you will get back and more... This is what I have observed.

J
Our AWESOME IMAGINATION is the true holy grail!
  • #16,419
  • Jan 18, 2019 5:48pm Jan 18, 2019 5:48pm
Quoting yohec
{quote} I remember when you were posting your results during the early days. Have you considered going back to that system? You almost doubled your account in 10 weeks. That is a fantastic result. Have you had equal or better results using the different methods? I might try testing your original system using minimum position size. All you did really is open the basket up at 11:00 GMT and let it run without doing anything fancy. Very simple. Back in the days before Virtual Baskets. I will try it with no SL and profit lock at 300 pips. I'll run it...
Hi Yohec,
you should think about setting the take profit calculated with atr. This way you get a higher target when more pairs are traded.
The moday basket from this week opened 10:00 gmt with cmsm v17 trade level 2 weekly got over 1800 pips max gain and a maximum drawdown from 152 pips.
This basket had 15 pairs, if you set a static takeprofit you miss a lot of pips.

@Jess: I have attached the setfiles from my live ea and from my test ea.

Thomas
  • #16,420
  • Jan 18, 2019 6:15pm Jan 18, 2019 6:15pm
Quoting xmess7
{quote} Yes, I plan to go back to that simple approach. The current approach has been very consistent, so its fairly safe in terms of DD. You really can't lose with the presets on the first page... well what I mean is you can't blow the account. If you do get into a big DD, as long as you dont stop and let the EAs do the job you will get back and more... This is what I have observed. J
Wait...

Are you saying, after 2 years of testing and experimenting the original system parameters are still the best ?
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