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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)

  • #18,861
  • Apr 29, 2020 11:05am Apr 29, 2020 11:05am
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  • #18,862
  • Apr 29, 2020 1:29pm Apr 29, 2020 1:29pm
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  • #18,863
  • Apr 29, 2020 6:13pm Apr 29, 2020 6:13pm
By personal preference my new trading day begins with a clean chart.
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  • #18,864
  • Apr 29, 2020 6:59pm Apr 29, 2020 6:59pm
Quoting eagle85
By personal preference my new trading day begins with a clean chart. {image}
what are your settings with this indicator. I'm curious. I'm not sure if anyone has ever done any kind of useful forward testing with this version. Are you using the same indicator and the same settings when you trade your daily baskets compared to your weekly baskets? What time do you open each basket? I see some are Daily, some are Weekly and you also seem to keep AUD and NZD together. What are you targets for the Daily/Weekly? How long do you normally keep your trades open after you open your Daily baskets? LOL. enough questions? It's nice to see a fresh idea in this thread.
  • #18,865
  • Edited 7:58am Apr 30, 2020 1:52am | Edited 7:58am
Quoting bojack34
{quote} what are your settings with this indicator. I'm curious. I'm not sure if anyone has ever done any kind of useful forward testing with this version. Are you using the same indicator and the same settings when you trade your daily baskets compared to your weekly baskets? What time do you open each basket? I see some are Daily, some are Weekly and you also seem to keep AUD and NZD together. What are you targets for the Daily/Weekly? How long do you normally keep your trades open after you open your Daily baskets? LOL. enough questions? It's...
1. "what are your settings with this indicator"
A basic settings file for this method is attached.

2. "Are you using the same indicator and the same settings when you trade your daily baskets compared to your weekly baskets?"
Yes, except where required for differing timeframes.

3. "What are your targets for the Daily/Weekly?"
Targets are discretionary according to market action.

4. "How long do you normally keep your trades open after you open your Daily baskets?"
Time frames are random according to market action.

All trades are manually opened and closed.
Real baskets are opened only when strength levels of desired pairs are relatively either very strong or very weak.

Note: There was a bug in the original setting file. A corrected version has been uploaded.

//////////
Attached File(s)
File Type: txt AUDNZD Weekly V66.txt   3 KB | 340 downloads
  • #18,866
  • May 1, 2020 3:47am May 1, 2020 3:47am
as I have long thought, this stupid indicator is a waste of time!

look the image below. the equity about all pairs suggested from the indicator is down! this is because it is impossible to predict what the currencies will do the following week.
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  • #18,867
  • May 1, 2020 5:46pm May 1, 2020 5:46pm
EA UPDATE v67.0

xm7_Ccfp_Wkly_TradeMonitor_v67.ex4

Updated the % indications. Tested it and had success with the correct readings... if you guys see any discrepancies let me know...

Have a GREAT/FANTASTIC WEEKEND!
Jess

PS: The 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 | 235 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #18,868
  • May 4, 2020 10:11am May 4, 2020 10:11am
Hi,

I have been reading this thread and the contributions are really good. However, there are lots of posts and versions. I have downloaded the latest version of EA and indicators from the above link.

Can someone please help to summary the posts. Does the EA trades automatically or only on clicking the button. which timeframe does it work well.
also what is the best time to start trades. what is the % gain to close the basket and dd?

Thanks in advance
  • #18,869
  • May 4, 2020 1:19pm May 4, 2020 1:19pm
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  • #18,870
  • May 4, 2020 11:39pm May 4, 2020 11:39pm
Quoting sanme
Hi, I have been reading this thread and the contributions are really good. However, there are lots of posts and versions. I have downloaded the latest version of EA and indicators from the above link. Can someone please help to summary the posts. Does the EA trades automatically or only on clicking the button. which timeframe does it work well. also what is the best time to start trades. what is the % gain to close the basket and dd? Thanks in advance

sanme:
go to the github site
I left several videos. Most are for configurations and what not but you can get the idea of what the EA does.

The original text of pg1 is not there and that would of probably answered your question....

Basically this is what the EA does:

1. scan the indictor trade suggestions
2. At the openTime (in GMT) you designate the EA opens a basket of pairs that were suggested by the indicator
3. The EA will then monitor the overall profit and close at the TP/SL you indicate in the inputs.


That is what it does in a nutshell, hence the name "manager"...

Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #18,871
  • May 5, 2020 4:45am May 5, 2020 4:45am
Thanks for the details. I am confused what is the use of virtual basket?

How are every one trading weekly or daily or I saw few posts saying Monday set and wednesday set and it means they are trading using those days too.

I wanted to know which trading is best weekly or Monday, Wednesday. Also I saw the settings mentioned in the EA having time setting as open hour 00:00 or 14:00 GMT. My broker is in GMT +3 timezone. Will this have any effect ?
  • #18,872
  • May 5, 2020 12:03pm May 5, 2020 12:03pm
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  • #18,873
  • May 5, 2020 3:11pm May 5, 2020 3:11pm
Quoting sanme
Thanks for the details. I am confused what is the use of virtual basket? How are every one trading weekly or daily or I saw few posts saying Monday set and Wednesday set and it means they are trading using those days too. I wanted to know which trading is best weekly or Monday, Wednesday. Also I saw the settings mentioned in the EA having time setting as open hour 00:00 or 14:00 GMT. My broker is in GMT +3 timezone. Will this have any effect ?
The virtual basket is the "pending" order for a basket as whole, it is the equivalent to a pending order for a single trade

1. set input useVirtualBasket=true
2. set openGMThour to the hour you want the EA to start and open a virtualBasket (simulates opening trades of each of the suggested pairs from the indicator)
3. set the "vBasket Upper Trigger Level(pips)" or the lower Trigger to the pips you want the EA to open a REAL basket.
What the EA does is monitor the vBasket total profit and when the total profit hits the vbTrigger a REAL basket is opened with the virtual trades).
Hence you have like a PENDING ORDER that got FILLED except now it is a BASKET of trades instead of one trade.

Perfect example: See the image of the post before this one. In that image the virtual basket is located to the left. It has 4 virtual trades open with a total birtual profit of 28 pips. In his case he does not have a vtrigger set to anything (either low or hit) but if you had for example the upperTrigger set to 30, that vBaske would be 2 pips away from opening a REAL basket. In the case above the EA will never open a real basket, what it will do is reset the vBasket at the end of the trading day, the user can override that too if they wish to do so. From what I understand the user is using the vBasket as a manual indication or part of his signals to open the realbasket manually.

4. After real Basket is opened EA continues as before to monitor it and decide when to close it based on your inputs (basketTP/BasketSL Trail for basket, Break even for basket etc etc etc just like a single trade but for a basket)

There is alot more you can control with the vBasket but that is it in a NUTSHELL....

Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #18,874
  • May 6, 2020 9:40am May 6, 2020 9:40am
Hi xmess7,

Is the "vbasket lower trigger level(pips)" and the "Negative Trigger" under the Negative Trigger Setting the same?

Say if i want to open the real basket only after the vbasket have dropped -100 pips should i use the Negative Trigger instead ?
  • #18,875
  • May 6, 2020 12:22pm May 6, 2020 12:22pm
Quoting rumpelstilt
Hi xmess7, Is the "vbasket lower trigger level(pips)" and the "Negative Trigger" under the Negative Trigger Setting the same? Say if i want to open the real basket only after the vbasket have dropped -100 pips should i use the Negative Trigger instead ?
No, the "Negative Trigger Settings" correspond to a different approach that was provided by YOhec.
I am going to remove that section soon... or is anyone using that approach???? let me know.

Go to github.com/xmess7
There are a couple of videos I made explaining certain details of this EA. Its not the whole thing but it will give u an idea of how to use the EA.

If you are using a FIXED number of pips to determine your loss then just set
"Stop_Loss Basket (pips or %)" to the pips you need, which in this case is 100.

Guys please invest some time in reading the thread. . Yea, yea I know "its soooooo long". Well all you gotta use the resources that FF provides. Like for example the SEARCH BOX, its that thing to the top right corner, to the left of the clock. Look at the image, I searched or "Negative Trigger" and BAM I found the post where Yohec EXPLAINS the RULES!

LOL
PEACE
Jess
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Our AWESOME IMAGINATION is the true holy grail!
  • #18,876
  • May 6, 2020 12:32pm May 6, 2020 12:32pm
EA not adding new trades:

Folks:
Thnx for the heads up. I will be working on repairing this. In addition I am updating the EA with new code that will help the processVBHours input.

Will post new version when done fixing these items..

J
Our AWESOME IMAGINATION is the true holy grail!
  • #18,877
  • May 6, 2020 4:38pm May 6, 2020 4:38pm
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  • #18,878
  • May 6, 2020 11:13pm May 6, 2020 11:13pm
EA UPDATE v68.0

xm7_Ccfp_Wkly_TradeMonitor_v68.ex4

Folks:
Code has been updated for the following:

1. Added new code that handle the "addNewTrades"

2. Added new code that handles the "close vBasket/rBasket" after X Hrs" inputs

3. Removed the "NEGATIVE APPROACH" Code from EA. ( IF ANYONE IS USING THIS PLEASE LET ME KNOW)

No Guarantees... I have not had time to test the new code. So please keep a copy of the previous version and test this one for the items that have been updated

PEACE!
Jess

PS: The 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 | 213 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #18,879
  • May 7, 2020 2:28am May 7, 2020 2:28am
Quoting xmess7
{quote} No, the "Negative Trigger Settings" correspond to a different approach that was provided by YOhec. I am going to remove that section soon... or is anyone using that approach???? let me know. Go to github.com/xmess7 There are a couple of videos I made explaining certain details of this EA. Its not the whole thing but it will give u an idea of how to use the EA. If you are using a FIXED number of pips to determine your loss then just set "Stop_Loss Basket (pips or %)" to the pips you need, which in this case is 100. Guys please invest some...
Thanks for the reply. I think you may have misunderstood my question. I was referring to the -100 pips as a pending order as explained by yohec.
Not the SL basket. I was just not sure if the -100 pip pending order setup should be entered into the "vbasket lower trigger level(pips)" and the "Negative Trigger" in this forum. I've looked through it but no specific posts to compare these two features.
  • #18,880
  • May 7, 2020 3:02am May 7, 2020 3:02am
Can someone please post the best working sets and EA version number you are using and Indicator version you are using.
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