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Attachments: CCFp weekly signals (set and forget basket trading)
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CCFp weekly signals (set and forget basket trading)

  • #16,921
  • Feb 15, 2019 12:21pm Feb 15, 2019 12:21pm
Quoting Pippopotamus
No sunshine, only rain... {image}
I can't understand whats the problem. Since we are using the same system!
  • #16,922
  • Feb 15, 2019 12:33pm Feb 15, 2019 12:33pm
Quoting salimc
{quote} I can't understand whats the problem. Since we are using the same system!
You are using different settings on the indicator. Notice that he had 7 open trades and you had 15 trades.
  • #16,923
  • Feb 15, 2019 12:34pm Feb 15, 2019 12:34pm
Quoting yohec
{quote} I believe this is going to be a very profitable method. The way I look at it is that I am trusting the trade suggestions made by the indicator, but I am going to wait for a better price before I open a basket.
100% agreed.
  • #16,924
  • Feb 15, 2019 1:34pm Feb 15, 2019 1:34pm
Quoting yohec
{quote} You are using different settings on the indicator. Notice that he had 7 open trades and you had 15 trades.
Its mm is very good. For 15 position it utilized only $169. I didn't intervene in its operation. The profit was more than 50%. I didnt lock the profit to see its performance. Moreover, I didn't use VB. But I don't understand why Pippopotamus is always having a reverse result!!
  • #16,925
  • Feb 15, 2019 1:41pm Feb 15, 2019 1:41pm
Quoting xmess7
{quote} salimc: Live account right? If demo then ... mmm ok,, just realize when you go live it usually is different. The % may be a littel lower due to the broker feed/market conditions. usually demo accounts do not include these things. Just realize that it is different. Thnx and good luck Jess
Hi Jess,
It was a demo account. Noted your points. Thanks buddy.
Salim
  • #16,926
  • Feb 15, 2019 1:46pm Feb 15, 2019 1:46pm
Quoting DeathCab
{quote}{quote}...
Nice work buddy. Keep it up. Get use to how the Indicator and the EA interact with each other and interact with your chosen platform. Make sure everything is running smooth and in sync before going Live. Adam[/quote]

hi Adam
Thanks for your advice. Thanks for sharing.
Salim
  • #16,927
  • Feb 15, 2019 1:53pm Feb 15, 2019 1:53pm
Quoting dashurry
{quote} The EA and Indicators use various methods like Price Action, Momentum and MA but most importat they use Currency Strenght. as you see above V19 bases on Price Action and V17 on Momentum if im not mistaken
  • #16,928
  • Feb 15, 2019 4:33pm Feb 15, 2019 4:33pm
Quoting salimc
{quote} I can't understand whats the problem. Since we are using the same system!
Salim, We are not using same trade parameters.
Vincit qui se vincit.
  • #16,929
  • Feb 16, 2019 4:02am Feb 16, 2019 4:02am
Quoting Pippopotamus
{quote} Salim, We are not using same trade parameters.
Why not? Everybody uses the system that works! you are trying in a different way. remember life is too short!
  • #16,930
  • Feb 16, 2019 4:36am Feb 16, 2019 4:36am
[quote=mrdfx;11992647]{quote} Well guys I have some unfortunate news. After literally over a year of testing and searching for a profitable and consistent daily basket I have failed. I tested week after week all kinds of settings you could imagine, but nothing was consistent enough to trade daily and make a profit. Some days

Who says it is not successful? it is going to be successful within this year (I believe).
Salim
  • #16,931
  • Feb 16, 2019 11:18am Feb 16, 2019 11:18am
[quote=salimc;12010115]
Quoting mrdfx
{quote} Well guys I have some unfortunate news. After literally over a year of testing and searching for a profitable and consistent daily basket I have failed. I tested week after week all kinds of settings you could imagine, but nothing was consistent enough to trade daily and make a profit. Some days Who says it is not successful? it is going to be successful within this year (I believe). Salim
He's talking about the daily basket approach not the weekly basket.

The difference being that on daily you trade a basket every day where as on weekly you don't trade every day of the week, you pick the days you want to trade. It can be one day or several days but not each day.
Our AWESOME IMAGINATION is the true holy grail!
  • #16,932
  • Feb 16, 2019 11:20am Feb 16, 2019 11:20am
Quoting salimc
{quote} Why not? Everybody uses the system that works! you are trying in a different way. remember life is too short!

salimc:
Be patient. if you decide to continue using this approach after you are successful... just wait lol you will see many newbies come in and even though they are told exactly what to use (hec the presets are already available) they will venture off and do their "own" testing. Which is kinda ok, cause you never know someone may just find something that works...
Our AWESOME IMAGINATION is the true holy grail!
  • #16,933
  • Feb 16, 2019 5:41pm Feb 16, 2019 5:41pm
Last Week: Pos. trigger basket stopped for -150 pips. Neg. trigger basket closed at -420 pips at 2x position size of Pos. trigger basket.
Attached Image (click to enlarge)
Click to Enlarge Name: FOREX.com US.png Size: 90 KB
Vincit qui se vincit.
  • #16,934
  • Feb 16, 2019 6:33pm Feb 16, 2019 6:33pm
[quote=xmess7;12010622]
Quoting salimc
{quote} He's talking about the daily basket approach not the weekly basket. The difference being that on daily you trade a basket every day where as on weekly you don't trade every day of the week, you pick the days you want to trade. It can be one day or several days but not each day.
Yes and the daily setting not weekly.
Truth is like poetry. And most people f*cking hate poetry.
  • #16,935
  • Feb 16, 2019 6:55pm Feb 16, 2019 6:55pm
Quoting Pippopotamus
Last Week: Pos. trigger basket stopped for -150 pips. Neg. trigger basket closed at -420 pips at 2x position size of Pos. trigger basket. {image}
Ouch, that was a rough week.

I opened my VB on Monday 15:10 GMT and the RB opened on negative trigger of -350 pips on Tuesday 14:05 GMT. I then closed the basket 2 hours later for +141 pips (+2.7%). I was lucky to close it then, otherwise, I would have been in the same boat as you with a big drawdown, because it did not go much higher than that. I remember there were some high impact news on NZD on Tuesday night that would have sent my basket into deep drawdown.

Are you putting additional filters on your trade suggestions? Or maybe placing a maximum limit? My basket had all the same 7 pairs as you plus 5 more, for a total of 12.

I am now going to concentrate on trading the "Negative Trigger" method. I posted my entry rules on post #16,899. I feel very good about the profitability of this method.

Good luck with your trading.
  • #16,936
  • Feb 17, 2019 12:27am Feb 17, 2019 12:27am
Im slightly confused. I am running CMSM 17.01 Weekly settings (but running 3 separate settings at the same time), but trading Daily @ 0800gmt, and getting 200pips Tgt. every single day for the last 6 weeks. EA v44.7 / No SL. Very easy. Why not run things this way?

By running 3 separate settings at the same time of the Indicator, surely you get a lot of trades, but you hit ur target way faster than normal. Usually within 2hrs or less. And that is every single day. Comes to 1,000pips profit easy per week.

But if you are going to trade this Live, I would start with 150pips tgt Daily. Just to make sure the Tgt. is hit before increasing your trade size.

Let me know what you guys think.
  • #16,937
  • Feb 17, 2019 5:15am Feb 17, 2019 5:15am
Quoting DeathCab
Im slightly confused. I am running CMSM 17.01 Weekly settings (but running 3 separate settings at the same time), but trading Daily @ 0800gmt, and getting 200pips Tgt. every single day for the last 6 weeks. EA v44.7 / No SL. Very easy. Why not run things this way? By running 3 separate settings at the same time of the Indicator, surely you get a lot of trades, but you hit ur target way faster than normal. Usually within 2hrs or less. And that is every single day. Comes to 1,000pips profit easy per week. But if you are going to trade this Live, I...
Hi Deathcab,
I am trying to figure out what those 3 separate settings could be. Maybe the moving average period or multiplier?
Please elaborate on that.
Thanks.
  • #16,938
  • Feb 17, 2019 6:48am Feb 17, 2019 6:48am
Quoting DeathCab
Im slightly confused. I am running CMSM 17.01 Weekly settings (but running 3 separate settings at the same time), but trading Daily @ 0800gmt, and getting 200pips Tgt. every single day for the last 6 weeks. EA v44.7 / No SL. Very easy. Why not run things this way? By running 3 separate settings at the same time of the Indicator, surely you get a lot of trades, but you hit ur target way faster than normal. Usually within 2hrs or less. And that is every single day. Comes to 1,000pips profit easy per week. But if you are going to trade this Live, I...
Those are very impressive results, 200 pips per day for 6 weeks. I would like to run some tests using your method. I have been running tests with CMSM 17.01 for the past 4 weeks and my results are nowhere as good as yours. I have been using the settings used by mrdfx and xmess7:

Attached Image


Could you show us what settings you are using? Also, are you opening 3 baskets at the same time, each with different settings? I've been looking through your posts but I haven't found your settings (I'm still looking).

It could be that the opening time of the basket makes all of the difference. mrdfx, xmess7, and I have been opening our baskets at 10:00 GMT while you open at 08:00 GMT. And since you usually hit your target within 2 hours or less, that would explain a lot.

If you would please confirm your CMSM settings, I would like to start testing your method this week. Thanks in advance.
  • #16,939
  • Feb 17, 2019 6:49am Feb 17, 2019 6:49am
Quoting xmess7
{quote} salimc: Be patient. if you decide to continue using this approach after you are successful... just wait lol you will see many newbies come in and even though they are told exactly what to use (hec the presets are already available) they will venture off and do their "own" testing. Which is kinda ok, cause you never know someone may just find something that works...
Don't worry. I have nothing to lose as I am not dependent on this system as now I don't trade currency anymore. I found this system interesting so playing with it and is optimistic with the system.
  • #16,940
  • Feb 17, 2019 6:55am Feb 17, 2019 6:55am
[quote=xmess7;12010622]
Quoting salimc
{quote} He's talking about the daily basket approach not the weekly basket. The difference being that on daily you trade a basket every day where as on weekly you don't trade every day of the week, you pick the days you want to trade. It can be one day or several days but not each day.
Why he is trying the daily basket since it is no producing any positive result!!!
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