Disliked{quote} Hey guys there have been some minor changes to my previous set file above mainly adding Wednesday as a trade day, so here is an updated set file of what I am using now, and its working well. As before you will need to adjust the lot size appropriate for your account size,and choose whether you want to use the VB or not. Happy trading! {file}Ignored
One important thing to note is that I am now trading the CMSM v17.01 indicator on Level 2 not Level 4. There is a reason for this which I'll explain below;
Two changes I've made is to sort the pairs by strength, and set max allowed trades to 8. By doing this we only allowing the top 8 strongest pairs to go through. Now previously when we were trading with CMSM on Level 4 there would be less than 8 pairs most times, and sometimes only 4-5, so by increasing to Level 2 we now have more pairs on the list to be added to the VB. Now this doesn't mean that we will have 8 trades on the RB, cos they still need to pass the Candle Color Trend filter to be allowed through, but this increases the possibilities.
This brings me to the next update, the Candle Color Trend filter. Previously it was set to H4,D1,W1, but now I've updated it to H1,H4,D1. The reason being is that even though we are trading weekly suggestions, we are trading daily baskets and it will be better to follow the daily trend. By setting lower TF filter we only let the weekly suggested pairs filter through that are in line with the daily trend.
Attached is the new preset file which I am using LIVE. As before you will need to adjust the lot size appropriate for your account size. Happy trading!
Attached File(s)
NEW WEEKLY SET.zip
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