CCFp weekly signals (set and forget basket trading) | Page 878 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

BASKET TRADE Management: Using multiple trade management EA's on basket trades 11 replies

Basket Knights - A Basket Trading Round Table 1,313 replies

Updated CCFp and CFP indis for relative strength trading 55 replies

TMS basket: Dashboard for a basket of MA-Filtered RSI Signals 135 replies

Set it & Forget it GBP and CHF signals... 6 replies

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

CCFp weekly signals (set and forget basket trading)

  • #17,541
  • Mar 23, 2019 9:52pm Mar 23, 2019 9:52pm
Quoting mirzal
Thanks to xmess7 EA. After nearly 1 Month testing using (LIVE Account- Pepperstone) :- IND. ###CMSMIndV21.05 EA. xm7_Ccfp_Wkly_TradeMonitor_c44.9 Profit: 22.3% {image}
What were the days of week traded and what time gmt did you open the basket?
  • #17,542
  • Mar 23, 2019 11:51pm Mar 23, 2019 11:51pm
Quoting mirzal
Thanks to xmess7 EA. After nearly 1 Month testing using (LIVE Account- Pepperstone) :- IND. ###CMSMIndV21.05 EA. xm7_Ccfp_Wkly_TradeMonitor_c44.9 Profit: 22.3% {image}
What are the settings that you are using like: LEVEL, DAYS OF THE WEEK TO OPEN BASKET, HOURS OF OPEN AND CLOSE DAILY, SL AND TP.

NICE JOB MAN!
  • #17,543
  • Mar 24, 2019 2:02am Mar 24, 2019 2:02am
Quoting bojack34
{quote} What were the days of week traded and what time gmt did you open the basket?
Days of the week: Monday,Tuesday,Wednesday,Thursday
GMT Trading: 07:00-08:10,09:30-10:30,13:30-14:10
  • #17,544
  • Mar 24, 2019 2:06am Mar 24, 2019 2:06am
Quoting tono395
{quote} What are the settings that you are using like: LEVEL, DAYS OF THE WEEK TO OPEN BASKET, HOURS OF OPEN AND CLOSE DAILY, SL AND TP. NICE JOB MAN!
Level: 2
DAY and Hours: See #Post 17,543
TP: 50 pips
SL: NO SL .. (Don't follow this, at your own risk. But I do believe xmess EA will profit sooner or later).

Last trade on DD for almost 3 weeks.. LOL, but then on the fourth week it went to profit, so that one manually close it, as it Trade EURJPY, EURCHF, EURCAD).
I target 10% / month, but then this month it went over my target.. I take it.. LOL.
  • #17,545
  • Mar 24, 2019 7:16am Mar 24, 2019 7:16am
Quoting Jahruhay
Is there something wrong wit hthe CMSM? It seems theres no pair showing up in charts? Thanks {image}
Any ideas? Thanks
  • #17,546
  • Mar 24, 2019 7:53am Mar 24, 2019 7:53am
Quoting mirzal
{quote} Level: 2 DAY and Hours: See #Post 17,543 TP: 50 pips SL: NO SL .. (Don't follow this, at your own risk. But I do believe xmess EA will profit sooner or later). Last trade on DD for almost 3 weeks.. LOL, but then on the fourth week it went to profit, so that one manually close it, as it Trade EURJPY, EURCHF, EURCAD). I target 10% / month, but then this month it went over my target.. I take it.. LOL.
So it closed every day for the first week and next week it opened but didn't close for 3 weeks?
  • #17,547
  • Mar 24, 2019 1:54pm Mar 24, 2019 1:54pm
Quoting mirzal
{quote} Level: 2 DAY and Hours: See #Post 17,543 TP: 50 pips SL: NO SL .. (Don't follow this, at your own risk. But I do believe xmess EA will profit sooner or later). Last trade on DD for almost 3 weeks.. LOL, but then on the fourth week it went to profit, so that one manually close it, as it Trade EURJPY, EURCHF, EURCAD). I target 10% / month, but then this month it went over my target.. I take it.. LOL.
Hi mirzal,
which timeframe did you trade ? H4, Daily or Weekly?
Did you trade three times a day???
  • #17,548
  • Mar 24, 2019 5:46pm Mar 24, 2019 5:46pm
Quoting chrisdk2017
{quote} So it closed every day for the first week and next week it opened but didn't close for 3 weeks?
Sometime it closes after a few hours or a few days. Important thing is let the trade as it is and the EA will close the trade after hitting the TP. Only thing is you need to manage your account, ie. I only trade 0.01/1000.
  • #17,549
  • Mar 24, 2019 5:50pm Mar 24, 2019 5:50pm
Quoting sweety78901
{quote} Hi mirzal, which timeframe did you trade ? H4, Daily or Weekly? Did you trade three times a day???
I trade Daily timeframe, and trade three times a day within the timeframe range that I set as if I set a single timeframe, no trade will be taken.
  • #17,550
  • Mar 24, 2019 7:05pm Mar 24, 2019 7:05pm
Quoting mirzal
{quote} I trade Daily timeframe, and trade three times a day within the timeframe range that I set as if I set a single timeframe, no trade will be taken.
You had very nice results, 22% in 1 month. But I am still a bit confused on your system.

1. You open 3 baskets per day on Mon, Tue, Wed, and Thu. But you had one basket that remained open for 3 weeks. While this basket was open for 3 weeks, did you also open another 3 baskets per day? Or did you not trade other baskets while this one remained open?

2. How many baskets have you opened during the one month of trading? The maximum would be: 3 baskets per day x 4 days per week = 12 baskets per week. How many baskets did you actually open?

3. All of the baskets that you have opened, how many winners and losers have you had?

I hope you continue having good results and thanks for sharing your system.
  • #17,551
  • Mar 24, 2019 9:49pm Mar 24, 2019 9:49pm
Quoting sweety78901
{quote} Hi mirzal, which timeframe did you trade ? H4, Daily or Weekly? Did you trade three times a day???
sweety:
Just be aware that mirzel is referring to the indicator settings for trading not the TF on which you place the EA or the indicator. The EA nor the Indicator (per say) has any TF in particular to trade them. Both run on any TF but the indicator does depend on what input you tell it to make the strength calculations.
Our AWESOME IMAGINATION is the true holy grail!
  • #17,552
  • Mar 24, 2019 9:50pm Mar 24, 2019 9:50pm
Quoting yohec
{quote} You had very nice results, 22% in 1 month. But I am still a bit confused on your system. 1. You open 3 baskets per day on Mon, Tue, Wed, and Thu. But you had one basket that remained open for 3 weeks. While this basket was open for 3 weeks, did you also open another 3 baskets per day? Or did you not trade other baskets while this one remained open? 2. How many baskets have you opened during the one month of trading? The maximum would be: 3 baskets per day x 4 days per week = 12 baskets per week. How many baskets did you actually open? 3....
1. EA open 1 basket and I leave it open until it goes profit don't care how long it take. Last trade lasted nearly 3 weeks on DD, but went profit on the fourth week. I didn't open a basket manually, the EA took the trade base on my set timeframe ranges. Good thing with the EA, it will only open one basket and won't open another one unless this basket was close.

2. In a good day, it open 3 basket a day if it can close one basket within a few hours. Since my TP is small, so it can open few hours, but sometime it may take days. Since I don't have SL, so I let the trade run till it goes profit.

3. All baskets are winners since I don't have SL only TP..

You are right ON with your negative basket, I am testing that one also.. seems this EA is very good with high DD, but need a higher deposit. I will test your negative trade for 2 months, seems viable. Next month will go live next month but with at least open 1K deposit and trading only 0.01/1000, otherwise it might blow your account due to the high DD. I will post my demo test next month for the negative basket.
  • #17,553
  • Mar 24, 2019 9:50pm Mar 24, 2019 9:50pm
Quoting mirzal
{quote} I trade Daily timeframe, and trade three times a day within the timeframe range that I set as if I set a single timeframe, no trade will be taken.
Well well. do we have another successful preset ?? Lets see what you discover in say the next 2-5 months.
In the mean time just send over the presets for the indicator/EA or just save a template and send that over.
The template will contain both EA and Indicator settings.

Thnx
J
Our AWESOME IMAGINATION is the true holy grail!
  • #17,554
  • Mar 24, 2019 9:53pm Mar 24, 2019 9:53pm
Quoting mirzal
{quote} 1. EA open 1 basket and I leave it open until it goes profit don't care how long it take. Last trade lasted nearly 3 weeks on DD, but went profit on the fourth week. I didn't open a basket manually, the EA took the trade base on my set timeframe ranges. Good thing with the EA, it will only open one basket and won't open another one unless this basket was close. 2. In a good day, it open 3 basket a day if it can close one basket within a few hours. Since my TP is small, so it can open few hours, but sometime it may take days. Since I don't...

mirzal:
One question.. since you have a basket running for days that means that you have set the DailyGMTCloseHour to "-", RIGHT?
Otherwise the EA will close any basket at whatever GMT hour is set in the input DailyGMTCloseHour.
Thnx
Our AWESOME IMAGINATION is the true holy grail!
  • #17,555
  • Mar 24, 2019 10:58pm Mar 24, 2019 10:58pm
Quoting mirzal
{quote} 1. EA open 1 basket and I leave it open until it goes profit don't care how long it take. Last trade lasted nearly 3 weeks on DD, but went profit on the fourth week. I didn't open a basket manually, the EA took the trade base on my set timeframe ranges. Good thing with the EA, it will only open one basket and won't open another one unless this basket was close. 2. In a good day, it open 3 basket a day if it can close one basket within a few hours. Since my TP is small, so it can open few hours, but sometime it may take days. Since I don't...

Technically, you are trading Daily Chart with no SL. All pairs go in one direction and then Swing back. This continues for months.
However, if your Daily chart sync with Monthly Chart won't kill your account. Check some of forexpinbar Monthly trades. He was successful in monthly trades but that's really boring. Your trades remain open for months and years.

Good strategy but you need to make sure you know what you are trading. Money management is the key in this style of trading. I do have couple of trades open since 2014 and 2015. It's a matter of time probably end of this year they will close with TP. Hope FED will talk in favor of USD next time

Share your Setfile for us to read your strategy.
1- Left click on EA
2- Select Menu "Input"
3- Left bottom SAVE & Load... So press "Save"
4- Select "Desktop" and press Button "Save"
5- We aren't allowed to upload .set therefore add ".txt" in the end of file extension.
  • #17,556
  • Mar 25, 2019 1:52am Mar 25, 2019 1:52am
Quoting xmess7
{quote} mirzal: One question.. since you have a basket running for days that means that you have set the DailyGMTCloseHour to "-", RIGHT? Otherwise the EA will close any basket at whatever GMT hour is set in the input DailyGMTCloseHour. Thnx
Yes, correct
  • #17,557
  • Mar 25, 2019 1:56am Mar 25, 2019 1:56am
Quoting fareed51
{quote} Technically, you are trading Daily Chart with no SL. All pairs go in one direction and then Swing back. This continues for months. However, if your Daily chart sync with Monthly Chart won't kill your account. Check some of forexpinbar Monthly trades. He was successful in monthly trades but that's really boring. Your trades remain open for months and years. Good strategy but you need to make sure you know what you are trading. Money management is the key in this style of trading. I do have couple of trades open since 2014 and 2015. It's a...
I know this is a bit early, only just one month on LIVE account. Who knows what next month will bring. So don't KILL me if it doesn't work your way.. I am just sharing my success with the EA. I have also success with the "negative trigger" in a demo account, will share it with you all after I went LIVE with it.

Warning: My strategy doesn't fit all as it doesn't have SL. It might work this month but who knows in the future. Set file as below, rename it back to .SET
Attached File(s)
File Type: txt LIVE.TXT   2 KB | 294 downloads
  • #17,558
  • Mar 25, 2019 2:03am Mar 25, 2019 2:03am
Quoting mirzal
{quote} I know this is a bit early, only just one month on LIVE account. Who knows what next month will bring. So don't KILL me if it doesn't work your way.. I am just sharing my success with the EA. I have also success with the "negative trigger" in a demo account, will share it with you all after I went LIVE with it. Warning: My strategy doesn't fit all as it doesn't have SL. It might work this month but who knows in the future. Set file as below, rename it back to .SET {file}

That's true, your daily floating lots should be sync with weekly or monthly trend, they won't ever kill your account.

I don't know why the FED decided to start bad news about USD and now rumors for US recession sending US$ down again. FYI: US recession will happen but not before 2022, so let me close my old TRADES and afterwards do whatever you guys want that's why i prefer scalp only. Get in & get out with small pips.
  • #17,559
  • Mar 25, 2019 12:27pm Mar 25, 2019 12:27pm
Today I did not open Monday basket on live as I want to give it cpl weeks break after the string of Monday losses, but I did run the basket on demo just to see what would happen and Murpy's Law the basket hit TP after 6 hrs.

It would happen like this hey lol.
Truth is like poetry. And most people f*cking hate poetry.
  • #17,560
  • Mar 25, 2019 1:44pm Mar 25, 2019 1:44pm
Hey folks
I have interesting question ?

If we start account with $500 tp 7% and with 2% trail stop
Lotperbalace 0.03/ $500.
So after account growh to $1000,
That being said account size will be increas to 0.06 right ?
So we need adjust the TP 14% and the trail stop to 4%?
0 traders viewing now