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CCFp weekly signals (set and forget basket trading)

  • #18,681
  • Mar 18, 2020 5:37pm Mar 18, 2020 5:37pm
Quoting HengkiTjen
hi folks i know this has been discussed. if im chose 5 pair maximum trade so The EA will chose the 5 best pair ? another thing did anyone using 8 pair or unlimited for Virtual Basket ? {image}
That particular setting you have highlighted is the Max Trades allowed in your Real Basket. And to answer your question, YES, it will select the top 5 strongest suggestions from the indicator. I believe it will do this no matter what but you might want to check the input that says "Sort Suggested Pairs by Strength" ( I think it's somewhere towards the top of the inputs) and make sure that it's set to "True". If you want to limit the number of pairs that your VB shows then you have to go down further in the inputs where the Virtual Basket Settings are at and change the input that says, "MaxVirtTradesAllowed".

I use 7 max trades in my preset. I basically use this input as another way to control my risk. Yes, you can just change the lot size, but you can also just increase or decrease the number of pairs you trade and your TP/SL targets will be reached faster/slower. This is something that needs to be tested by the trader themselves. Everyone has a different appetite for risk. This will also give you a better feel of the EA itself.
  • #18,682
  • Mar 18, 2020 9:44pm Mar 18, 2020 9:44pm
Quoting bojack34
{quote} That particular setting you have highlighted is the Max Trades allowed in your Real Basket. And to answer your question, YES, it will select the top 5 strongest suggestions from the indicator. I believe it will do this no matter what but you might want to check the input that says "Sort Suggested Pairs by Strength" ( I think it's somewhere towards the top of the inputs) and make sure that it's set to "True". If you want to limit the number of pairs that your VB shows then you have to go down further in the inputs where the Virtual Basket...
well explanation thank man
i will give a shot, see how it goes .

i like ride trend and im find out if to much pair tend to be get out by pull back, if strong trend 1 pair good enough.
  • #18,683
  • Edited 7:51am Mar 19, 2020 6:28am | Edited 7:51am
@xmess7

Hi Jess:

Questions on how the "Flip Open Trade" & "Hedges" work. Pls kindly check the attached picture on the trades and my settings.

Attached Image (click to enlarge)
Click to Enlarge Name: Flipped.png Size: 28 KB

0.10 lot Buy EURAUD was initiated, then flipped. How the lot calculation works? I thought it is 0.10 lot flipping/hedge to 0.10 lot. My maximum trade allowed is 8. Is that the reason why the EA keep adding flipped trades which is 6 additional trade in total ?

Regards,
Bill

P/S: Mate, the Trailing Stop works fine!
  • #18,684
  • Mar 19, 2020 10:22am Mar 19, 2020 10:22am
Quoting bdunn
@xmess7 Hi Jess: Questions on how the "Flip Open Trade" & "Hedges" work. Pls kindly check the attached picture on the trades and my settings. {image} 0.10 lot Buy EURAUD was initiated, then flipped. How the lot calculation works? I thought it is 0.10 lot flipping/hedge to 0.10 lot. My maximum trade allowed is 8. Is that the reason why the EA keep adding flipped trades which is 6 additional trade in total ? Regards, Bill P/S: Mate, the Trailing Stop works fine!
Hi Bill:
I am seeing a bug . You should have 1 flip not that many. I'll fix that in a bit. The Max number of trades is working. It will limit the number of trades to that number, no matter if new flipped or duplicate trades are added to the basket, it won't go beyond the number you indicate.

Before I go into details, keep the following in mind:
The "FLIP" filter is only applied to an open basket.
The "HEDGE" filter is applied upon initial building of a basket, before any one trade is opened in a real basket.
This is why you can set both filters at the same time. Otherwise, it would not be logical to tell the EA to do both "ignore hedges" and "allow flip trades (keeping original trade)" at the same time.

"FLIP" (only applied to an open basket trade)
The "Flip" function tells the EA to add a new trade that is the opposite of an already opened trade.
Lets use EURAUD, like in your image. The first trade that the EA opened for EURAUD was a BUY.
Then as time went on the EA kept monitoring the Currency Strength indicator and noticed that EURAUD had changed direction.
So then the EA added a new Sell trade for EURAUD to the basket.
Now, the default is for the EA is to close the EURAUD buy and open the new EURAUD sell, thus the "FLIP", but you selected to "KEEP" the original trade. That is why you see BOTH sell and buy of the EURAUD trade.

"HEDGE" and "DUPLICATE" (applied at initial build of a basket or virtual basket)
I am including the feature "DUPLICATE" cause both are applied initially.
These features deal with multiple displays of the Currency Indicator on one chart. You can add several instances of the currency indicator on a single chart and the EA will "See" all of them treat them as separate lists. What I mean by several instances is that you loaded the indicator multiple times, each with a different ID number. That produces several lists on the chart. See Image below of two instances on one chart.
Say for example you loaded 3 instances of the CMSM indicator on one chart. Obviously you would generate 3 lists on the chart. Once the trading hour is reached and the EA starts to build a basket, whether it be a virtualBasket or not, the EA will look to see what the "HEDGE" and "DUPLICATE" filters setting are.
It will then apply those filters to the multiple list and produce one basket(or virtual basket) to start processing for eventual creation of a real basket.
Its just a way to reduce all 3 indicators lists into one list or basket.

Yes, I know this should be in the manual LOL....

PEACE
Jess
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 97 KB
Our AWESOME IMAGINATION is the true holy grail!
  • #18,685
  • Mar 19, 2020 5:45pm Mar 19, 2020 5:45pm
Anyone, have a "Set" file for the Reverse trigger ? (I was playing around with Yohec, but its no longer matching with the latest version of the EA ?

Thanks,
  • #18,686
  • Mar 19, 2020 6:09pm Mar 19, 2020 6:09pm
Another "tiny" question, what is meant with "Trade level" represent in the indicator settings ?
  • #18,687
  • Mar 19, 2020 7:23pm Mar 19, 2020 7:23pm
UPDATE MT4 v62

xm7_Ccfp_Wkly_TradeMonitor_v62.ex4

Folks:
bdun's post revealed a bug in the FLIP sequence. In the case he presents there should only be two trades in hedge in the basket.
If a new trade suggestion appears that is the FLIP of the last trade then the EA should be closing the first trade and opening the FLIP of the second trade.

Version 62 provides this process...
I uploaded the new version but have kept the previous version for in case there are any issues.

PEACE
Jess

PS: If the link does not work ,latest version can be found at https://github.com/xmess7/Ccfp_Weekly_Trade_Monitor
Latest version can be found at https://github.com/xmess7/Ccfp_Weekly_Trade_Monitor
Attached File(s)
File Type: txt POST_WITH_EA_UPGRADE.txt   1 KB | 256 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #18,688
  • Mar 20, 2020 1:19am Mar 20, 2020 1:19am
Quoting Carlos1
{quote} Hi Erebus, Nice template... Just curious of your trading strategy as the Periods are all set to H4 but with different trade levels and so showing different trade signals. Do you look for common trade signals accross all the different trade levels and then confirm on your charts before entering a trade? or do have a different strategy that you could share? Apologies if you have mentioned this before but I'm slowly reading through the thread.... Cheers Carlos
Hi,

Could you kindly explain how to attach the indicator in several rows/columns as you have in your chart?

Thank you in advance,
  • #18,689
  • Mar 26, 2020 5:51am Mar 26, 2020 5:51am
my results from 9 weeks. it has been running stable for about 3 weeks. before I was busy with the settings.
i let it start 3 hours a day before london session with Virtual Basket. The goal is 200 pips. I have not yet found any good settings for traling stop. SL I will do it manually if there is no positive development in the next 6 hours.
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  • #18,690
  • Mar 26, 2020 6:02am Mar 26, 2020 6:02am
I have a problem though. XM7 basket starts automatically on Monday, Tuesday & Wednesday. It does not start on Thursday & Friday. I don't find the mistake. Can you see why?

@Jess: do you have an idea?

Here are my settings.
Attached Image(s) (click to enlarge)
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  • #18,691
  • Mar 26, 2020 12:29pm Mar 26, 2020 12:29pm
Quoting tinelli
I have a problem though. XM7 basket starts automatically on Monday, Tuesday & Wednesday. It does not start on Thursday & Friday. I don't find the mistake. Can you see why? @Jess: do you have an idea? Here are my settings. {image} {image} {image}
Hi Tim.. in a bit I will be examine to see why this is happening
Do you see any noticed in the error log on those days that it does not trade at open hour?
Our AWESOME IMAGINATION is the true holy grail!
  • #18,692
  • Edited 4:46pm Mar 26, 2020 4:22pm | Edited 4:46pm
Quoting xmess7
{quote} Hi Tim.. in a bit I will be examine to see why this is happening Do you see any noticed in the error log on those days that it does not trade at open hour?
Hello Jess,

In relation to Tinelli's post above, I'd like to know how the trailing stop of this version 59.1 works. I've been using the Lock Profit setting of v58, where I set >>70 pip lock at 50 pips. This is an easy to understand scenario and have been successful. With this v59.1, tell us a typical scenario. What are the input parameters for such a typical scenario?

Further, can we set the lock profit of >>70 then 50 pips, with v59.1?

@tinelli, what is the scenario of your setting of trailing stop? You say trailing has not been successful.

Thanks guys,

RS

Edit: Am running the Daily mode.
  • #18,693
  • Mar 26, 2020 9:17pm Mar 26, 2020 9:17pm
Quoting tinelli
I have a problem though. XM7 basket starts automatically on Monday, Tuesday & Wednesday. It does not start on Thursday & Friday. I don't find the mistake. Can you see why? @Jess: do you have an idea? Here are my settings. {image} {image} {image}
tinelle PLEASE send the preset file, I don't want to enter all of the settings manually, too lazy LOL
Our AWESOME IMAGINATION is the true holy grail!
  • #18,694
  • Mar 26, 2020 9:31pm Mar 26, 2020 9:31pm
Quoting tinelli
I have a problem though. XM7 basket starts automatically on Monday, Tuesday & Wednesday. It does not start on Thursday & Friday. I don't find the mistake. Can you see why? @Jess: do you have an idea? Here are my settings. {image} {image} {image}

Tinelli what does you log say? DId the EA stop or freeze like before Thursday and Friday? You would see something in the logs, some sort of error etc etc.
Our AWESOME IMAGINATION is the true holy grail!
  • #18,695
  • Mar 26, 2020 9:50pm Mar 26, 2020 9:50pm
Quoting RisingSun
{quote} Hello Jess, In relation to Tinelli's post above, I'd like to know how the trailing stop of this version 59.1 works. I've been using the Lock Profit setting of v58, where I set >>70 pip lock at 50 pips. This is an easy to understand scenario and have been successful. With this v59.1, tell us a typical scenario. What are the input parameters for such a typical scenario? Further, can we set the lock profit of >>70 then 50 pips, with v59.1? @tinelli, what is the scenario of your setting of trailing stop? You say trailing has not been successful....
Hi RisingSun:

Here's is some info on what is what, this way you will be able to setup the parameters as you need.

v59.1
"Select: ( TrailStop,oneTimeBE,NoTrail ) " ==>This is a pull down where u can select the option you need
"setStartLocking" ==> Tells it when to START locking (% or pips):" This tells the EA at what evel profit needs to reach in order for the EA to start locking profit

"StepDelta, for trail stop (% or pips)" ==>Delta profit that the Basket must increase in order for the EA to move the stop loss so that the "trail" is what u specified

"TrailStop (% or pips)" ==> This is the trail STOP that will "follow" the basket

then there is this one too
"SetBEonFirstTrail". if this is set to true the EA will set a BE+1 on the first attempt to move the stop ti the trail position. Then after that when the basket moved bt delta profit the basket stop will be moved up to the trail level.

"beLock" One time BE lock in pips

=======================================================
v58.1 (slightly different but same functions)
"Select: (PercentOfProfit,TrailStop,Manual_Lock,NoTrail ) " ==>same function as Select above
"BeginLockingProfit, Tell EA when to START trailing (% or pips): " ==>same function as setStartLocking above
"StepLock, move trail when profit reaches (% or pips)" ==>same function as StepDelta above
"TrailStop (% or pips) (Select: TrailStop)" ==>same function as TrailStop above
"LockPercentLevel(%) (Select: PercentOfProfit):" ==> This is a different type of profit lock, original suggestion by creator, It was removed cause it caused too much confusion.

"Manual One Time Lock (Select: Manual_Lock):" ==>same as beLock above
"FirstLockAlwaysBE" ==>same function as SetBEonFirstTrailabove


I didn't quite understand what scenario you wanted but based what you indicated I would do it like this.

setStartLocking=70
beLock=50 (make sure to SELECT oneTimeBE)

Thnx
J
Our AWESOME IMAGINATION is the true holy grail!
  • #18,696
  • Mar 26, 2020 10:16pm Mar 26, 2020 10:16pm
Quoting xmess7
{quote} Hi RisingSun: Here's is some info on what is what, this way you will be able to setup the parameters as you need. v59.1 "Select: ( TrailStop,oneTimeBE,NoTrail ) " setStartLocking=70 beLock=50 (make sure to SELECT oneTimeBE) Thnx J
Many thanks Jess for the detailed explanations. I like v59.1 since it gives historical gains/losses on the screen and now I know how to put the one time lock. I trade the daily mode and have tp=120.0 pips, sl=200.0 pips. I will set the one time lock @60 pips when >80 pips. This should work well.

I trade ECN accounts such as Axiory Nano and TitanFx blade, with remarkable results. Attached is a 4 weeks' performance with Axiory
Thanks again Jess for the great system.

RisingSun
Attached Image (click to enlarge)
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  • #18,697
  • Mar 27, 2020 2:36am Mar 27, 2020 2:36am
Quoting RisingSun
{quote} Many thanks Jess for the detailed explanations. I like v59.1 since it gives historical gains/losses on the screen and now I know how to put the one time lock. I trade the daily mode and have tp=120.0 pips, sl=200.0 pips. I will set the one time lock @60 pips when >80 pips. This should work well. I trade ECN accounts such as Axiory Nano and TitanFx blade, with remarkable results. Attached is a 4 weeks' performance with Axiory Thanks again Jess for the great system. RisingSun {image}

RisingSun:

What do you mean that v59.1 sows the historical gains on the screen.? Do you mean the DD? The latest version does the same. The biggest difference with the new version is that it runs alot more efficient and faster and it has some features that the olders dont of course. But more important the older version have hidden bugs.

Now, TRUE, you as long as you keep using the settings you are using you should be ok, But dont be surprise if you find the older version missing trades or worse opening trades you didn't program

Great results ... please send your preset or better send a template, that will have all of the settings and indicators on it


take care
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #18,698
  • Mar 27, 2020 3:13am Mar 27, 2020 3:13am
Quoting xmess7
{quote} Tinelli what does you log say? DId the EA stop or freeze like before Thursday and Friday? You would see something in the logs, some sort of error etc etc.
Hello Jess,

Thanks for your quick reply!

unfortunately i cannot attach the set file. here is the link to the set on Google.

https://drive.google.com/open?id=1hv...14m5YUMZHD-nYm


yesterday and today (Thursday & Friday) again no action.


"Do you see any noticed in the error log on those days that it does not trade at open hour? "
> Nothing. No warnings. No error.

"DId the EA stop or freeze like before Thursday and Friday?"
> No
  • #18,699
  • Mar 27, 2020 3:36am Mar 27, 2020 3:36am
Hello @RisingSun,

"@tinelli, what is the scenario of your setting of trailing stop? You say trailing has not been successful."

First of all, I would like to make it low-risk. BE early. Currently at 80 pips. And then slowly draw the profits.
100-130 pips a day are easily possible. 200 pips with strong movement can also be reached. At the moment I expect 1x SL a week. SL is currently around 100-150 pips. Carefully calculated, it could be 400 pips a week.

For me, trailing stop is currently taking effect a bit early. So I have to go a little further.
StepDelta: 20 pips
Trail stop: 10 pips
  • #18,700
  • Mar 27, 2020 3:41am Mar 27, 2020 3:41am
Quoting RisingSun
{quote} Many thanks Jess for the detailed explanations. I like v59.1 since it gives historical gains/losses on the screen and now I know how to put the one time lock. I trade the daily mode and have tp=120.0 pips, sl=200.0 pips. I will set the one time lock @60 pips when >80 pips. This should work well. I trade ECN accounts such as Axiory Nano and TitanFx blade, with remarkable results. Attached is a 4 weeks' performance with Axiory Thanks again Jess for the great system. RisingSun {image}
@RisingSun

I also have a similar experience.
when do you start a day?
Are you also running Thursday & Friday?
Could you send your set?
Are you using the current version of CMSM?
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