CCFp weekly signals (set and forget basket trading) | Page 961 | 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)

  • #19,201
  • Aug 17, 2020 8:32am Aug 17, 2020 8:32am
Welcome mjsmira.
Good to see you here.
I'm not too concerned what kind of candlestick price has formed but I am co
  • #19,202
  • Aug 19, 2020 11:27pm Aug 19, 2020 11:27pm
Quoting mrdfx
No trading this week, VB did not trigger.
Hello Mr. mrdfx. I think you are very good at this system. How do you decide how high the trigger should be. My triggers are always reached, but then it goes into stop loss. Hence my question, how to find the right trigger for Monday London open. I would be very happy if you could help me with this.
Don't trade because you think you have to do something.
  • #19,203
  • Aug 20, 2020 7:37am Aug 20, 2020 7:37am
Quoting Michael.MSA
{quote} Hello Mr. mrdfx. I think you are very good at this system. How do you decide how high the trigger should be. My triggers are always reached, but then it goes into stop loss. Hence my question, how to find the right trigger for Monday London open. I would be very happy if you could help me with this.
Hello Michael.MSA, the upper trigger I use is based on many many months of experimentation. I had initially used a 20 pip trigger, but found it was too tight so I increased it to 25 then 30 which I have find as a good balance for the upper trigger. If a basket hits 30 pip trigger then there is a better chance that the basket has momentum and should reach profit, but of course this is not always the case and sometimes a basket can still turn and hit SL, but the trigger I use certainly helps to stay out of the market when things are not moving our way.
Truth is like poetry. And most people f*cking hate poetry.
  • #19,204
  • Edited 9:45am Aug 20, 2020 8:39am | Edited 9:45am
Quoting mrdfx
{quote} I've been testing daily set ups for over 40 weeks now as you can see, and its still going. Its an ongoing continuation from this: https://www.forexfactory.com/showthr...5#post10740465 I think I've tested 100's of various daily settings through the months, filtering them out as the weeks pass by. I'm in my last testing phase now with 4 more weeks to go for the final 3 sets to see which daily setting is the most consistent and profitable set. {image}
Quoting mrdfx
Guys a little update on the daily baskets which I am testing, you can see my previous post here: https://www.forexfactory.com/showthr...1#post11465941 Next week is the final week of testing my top 3 daily basket configurations, this comes after many months (over 10 months) of testing 100's of different CCFp settings, and basket settings. (After this I am done with daily basket testing). After next week I'll compile all the data and see which settings were the most profitable and consistent, and then share my results an winning...
Quoting mrdfx
{quote} Hello vinivst, yes I have concluded my initial testing, I compiled all the data over the last 12 weeks, and from 9 final basket tests, I picked the top 2 winners and have now put them head to head for a further 4 weeks to decide. I am also testing them against some duplicate baskets using the new functions that have been added to the EA to see which is more profitable long term. Once this is completed I will post and share my results here. Over the many many months of testing various daily settings, the biggest challenge was consistency....
Quoting mrdfx
Its great to see multiple successful approaches to this strategy emerging. Some of us have been here for nearly 2 years testing all kinds of crazy set ups, and things are working out well. By utilizing all these approaches together we can put together a kind of "portfolio" of all these approaches, and make a good monthly total profit. This is also the final week of my daily basket test (finally!) and after compiling all the data I will hopefully have a set up to trade daily making +5-10% per week which we...
Quoting mrdfx
{quote} Ah man this daily tests has been a thorn in my side for many months now. I was just telling Jess the other day how frustrating this experiment has been, and I'm too stubborn to give up trying! Its been very difficult to find a consistently profitable setting that can be used daily. Through the many many months of testing I've tried literally hundreds of settings, but finding one that is consistent has been harder than I thought! But.... I have not given up yet! There are a few important factors for having a...
Quoting mrdfx
For those of you who have been following my year long search for a successful daily basket I think I'm finally getting close and on to something consistent. After months and months of failed forward testing and unsuccessful attempts to find a basket that can be traded daily and thanks to my stubbornness I am close to finally finding a successful basket setting. The biggest challenge in finding a daily set up was consistency. During my forward testing I would find a setting that worked well for a few weeks, but then failed after further...
Quoting mrdfx
Hey guys its been a while! Well for those that have been following the thread will know that I have been on a year+ long journey to find a consistent profitable set that can be traded daily. Well I think I've finally got it! Over the last 6 months it has made over +87% profit and had only one small losing month. I'm still not done just yet as I want to do some fine tuning on the money management side to make it even safer and more stable, but for the indicator settings and EA settings I have it finally! It even survived all the covid-19...
Hey guys so for those of you that have been following my journey to find a successful and consistent daily set will know its been a long one! For nearly 3 years I've been searching for a set up than can be traded everyday successfully. I think I must have tested hundreds of various settings over the past 33 months, sometimes getting close, but not quite there yet until now! All my time and effort has finally paid off and I finally have a consistent profitable daily setting.

This setting has been tested since last year and it has been profitable through all kinds of market conditions. It has made a total of +110.07% over the last 9 months for an average monthly profit of +12.23% which is really good IMO. There has been no manual intervention or action from me at all, and this has been a true set & forget approach.

Now this daily set does not shoot for big profits, it takes advantage of the London session momentum and aims for a safe small profit which over the course of the month adds up to a good low risk profit, which for a system that requires no manual intervention is excellent IMO.

Attached you will find the indicator preset, EA preset, and template. The settings of the EA is exactly how I am using it on my live account. You can leave it as is or as I'm sure some of you will do, you will change some settings. I would say the main things that can maybe be changed if needed to, and based on your risk tolerance is the SL & TP % inputs and the lots per balance inputs. I guess you could scale it up if you wanted to try get more profit or scale it down to lower the risk even more, its up to you, but the preset post here is the one I use myself.

So guys that's it, finally huh! Man its been a long and sometimes frustrating journey! There were times that I really wanted to just give up as I thought it was not possible to find a consistent daily setting, but I was too damn stubborn and thankfully I didn't give up cos here we are! I honestly can't even remember how many combinations of settings must have I tested, testing different indicator settings, and EA settings, and all kinds of different TP's and lot sizes etc etc.. Believe me when I tell you that this preset is the ONE lol. You can try looking for yourself, but I can promise you that I've probably already tried it.

Well everyone, good luck and I wish you all the same success with my daily set that I have had. Green pips to you all!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 74 KB
Attached File(s)
File Type: zip CMSM DAILY.zip   5 KB | 1,014 downloads
Truth is like poetry. And most people f*cking hate poetry.
  • #19,205
  • Aug 20, 2020 10:43am Aug 20, 2020 10:43am
Quoting mrdfx
{quote} Hello Michael.MSA, the upper trigger I use is based on many many months of experimentation. I had initially used a 20 pip trigger, but found it was too tight so I increased it to 25 then 30 which I have find as a good balance for the upper trigger. If a basket hits 30 pip trigger then there is a better chance that the basket has momentum and should reach profit, but of course this is not always the case and sometimes a basket can still turn and hit SL, but the trigger I use certainly helps to stay out of the market when things are not moving...
Hello Mr. mrdfx.

Thank you for answering me so quickly. It is very helpful.

I would also like to express a very special thank you for the valuable work of the Daily Sets. It is just amazing what you have done for us. Thanks alot.

Best regards
Michael.MSA
Don't trade because you think you have to do something.
  • #19,206
  • Aug 21, 2020 4:19am Aug 21, 2020 4:19am
last man standing prevailed ... outstanding job
twitter: @gettoefl
  • #19,207
  • Edited 10:47am Aug 21, 2020 9:17am | Edited 10:47am
TradeMonitor v80
Indicator: CMSM v21.05
Daily Basket Strength Level=8
Reverse Daily Basket Strength level=8
100 Pip Daily Target Met (108.8)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 27 KB
Click to Enlarge Name: Screenshot2.png Size: 30 KB
  • #19,208
  • Aug 21, 2020 9:31am Aug 21, 2020 9:31am
Quoting mrdfx
{quote} {quote} {quote} {quote} {quote} {quote} {quote} Hey guys so for those of you that have been following my journey to find a successful and consistent daily set will know its been a long one! For nearly 3 years I've been searching for a set up than can be traded everyday successfully. I think I must have tested hundreds of various settings over the past 33 months, sometimes getting close, but not quite there yet until now! All my time and effort has finally paid off and I finally have a consistent profitable daily setting. This setting...
It was a good Friday with the daily set hitting TP again.
Truth is like poetry. And most people f*cking hate poetry.
  • #19,209
  • Aug 21, 2020 10:06am Aug 21, 2020 10:06am
Quoting mrdfx
{quote} {quote} {quote} {quote} {quote} {quote} {quote} Hey guys so for those of you that have been following my journey to find a successful and consistent daily set will know its been a long one! For nearly 3 years I've been searching for a set up than can be traded everyday successfully. I think I must have tested hundreds of various settings over the past 33 months, sometimes getting close, but not quite there yet until now! All my time and effort has finally paid off and I finally have a consistent profitable daily setting. This setting...
++++++++++++++
Hi Mrdfx,
First of all my heartiest congratulations on your temerity. That showed the steel of which you're made.
Secondly, for "paying forward" by making your EA available to everyone. You will be richly rewarded, be assured of that.
Continued success to you.
Hercs.
Hercs
  • #19,210
  • Aug 21, 2020 10:14am Aug 21, 2020 10:14am
Quoting mrdfx
{quote} It was a good Friday with the daily set hitting TP again.
9.15 Basket never triggered! Isn't it ???
Swimming with sharks!
  • #19,211
  • Aug 21, 2020 11:42am Aug 21, 2020 11:42am
Quoting chandana47
{quote} 9.15 Basket never triggered! Isn't it ???
Mine never triggered either.
  • #19,212
  • Edited Aug 22, 2020 8:54am Aug 21, 2020 12:06pm | Edited Aug 22, 2020 8:54am
Quoting Hercs
{quote} ++++++++++++++ Hi Mrdfx, First of all my heartiest congratulations on your temerity. That showed the steel of which you're made. Secondly, for "paying forward" by making your EA available to everyone. You will be richly rewarded, be assured of that. Continued success to you. Hercs.
Thanks Hercs for the kind words, but I do need to point out that neither the strategy, indicator, nor the EA is mine, all credit goes to Forexpinbar for starting this thread, grandaevus for giving us this powerful CSM indicator, and xmess7 for creating this amazing EA.

I only used the tools given to us and found a way to make them work together successfully and contributed to the forum by sharing my efforts.
Truth is like poetry. And most people f*cking hate poetry.
  • #19,213
  • Aug 21, 2020 12:09pm Aug 21, 2020 12:09pm
Quoting chandana47
{quote} 9.15 Basket never triggered! Isn't it ???
Quoting bojack34
{quote} Mine never triggered either.
It could be broker differences cos on my IC markets live account it triggered, but I checked my Pepperstone and FTMO demo accounts and they did not trigger.
Truth is like poetry. And most people f*cking hate poetry.
  • #19,214
  • Aug 21, 2020 12:58pm Aug 21, 2020 12:58pm
Quoting mrdfx
{quote} {quote} It could be broker differences cos on my IC markets live account it triggered, but I checked my Pepperstone and FTMO demo accounts and they did not trigger.
Same here, no trigger.
In my case I am using a LMAX variant called FFTrader.SRO

Guys, if u look at your Expert Logs, the EA will record WHY it didn't open the vBasket.
For me, the operation time (1 hr) ran out and the vBasket closed with -217 pips.
I am going to add the MAx/Min the vbasket was at that state as well.
Since many do not check the expert log, I will post the results on the display.

PEACE
J
Our AWESOME IMAGINATION is the true holy grail!
  • #19,215
  • Aug 21, 2020 10:52pm Aug 21, 2020 10:52pm
Quoting mrdfx
{quote} {quote} {quote} {quote} {quote} {quote} {quote} Hey guys so for those of you that have been following my journey to find a successful and consistent daily set will know its been a long one! For nearly 3 years I've been searching for a set up than can be traded everyday successfully. I think I must have tested hundreds of various settings over the past 33 months, sometimes getting close, but not quite there yet until now! All my time and effort has finally paid off and I finally have a consistent profitable daily setting. This setting...

Man... just one comment. Great.. consistent effort and a much greater .... BIG heart to match with!!!! Congrats.... be blessed!!!
  • #19,216
  • Aug 23, 2020 4:43am Aug 23, 2020 4:43am
Quoting mrdfx
{quote} {quote} {quote} {quote} {quote} {quote} {quote} Hey guys so for those of you that have been following my journey to find a successful and consistent daily set will know its been a long one! For nearly 3 years I've been searching for a set up than can be traded everyday successfully. I think I must have tested hundreds of various settings over the past 33 months, sometimes getting close, but not quite there yet until now! All my time and effort has finally paid off and I finally have a consistent profitable daily setting. This setting...

Not been following your journey - only just come across this now. (Back reading now to catch up with what it is all about )

But exceptionally well done - just shows what perseverance can do - you didn't give up and are reaping the rewards now after all your hard work.

Plus not often do you see such generosity as well - giving your settings way - a very kind soul who deserves the success you have earned. Long may it continue
*** Shoot for the moon. Even if you miss, you'll land among the stars. ***
  • #19,217
  • Aug 23, 2020 10:43pm Aug 23, 2020 10:43pm
Trade never triggered because I didn't had the indicator version cmsm 17.2 ! Anyone have it please share. it is not there in the xmess7's git hub also!
Swimming with sharks!
  • #19,218
  • Aug 23, 2020 10:56pm Aug 23, 2020 10:56pm
Quoting grandaevus
CMSM V17.02 for Mt4 & Mt5 Change Log: Added CandleIndex. All previous versions of CMSM calculate strength values for the last candle (current candle) . With this parameter, you can calculate the strength of any candle on your chart. CandleIndex = 0 equals UseCurrentCandle= true in ccfpDiff CandleIndex = 1 equals UseCurrentCandle= false (previous candle) in ccfpDiff Added Currency Weights. Say EUR strength = a * EURUSD + b * EURAUD + c * EURCAD + d * EURCHF + e * EURGBP + f * EURJPY+ g * EURNZD. Previous versions of CMSM and ccfp give an equal weight...
Load this indicator version separately!!! otherwise if you load the template only the indicator won't load unless it is in your system!
Swimming with sharks!
  • #19,219
  • Aug 23, 2020 11:06pm Aug 23, 2020 11:06pm
Quoting chandana47
Trade never triggered because I didn't had the indicator version cmsm 17.2 ! Anyone have it please share. it is not there in the xmess7's git hub also!
Chandana.. you should be able to find all the indicators on the ccfp_weely github.
And guess what... lol.. the folder is called INDICATORS lol

J
Our AWESOME IMAGINATION is the true holy grail!
  • #19,220
  • Aug 24, 2020 12:47am Aug 24, 2020 12:47am
Quoting xmess7
{quote} Chandana.. you should be able to find all the indicators on the ccfp_weely github. And guess what... lol.. the folder is called INDICATORS lol J
===========
Good morning, Jess,
Or shall we say..........."Our awesome imagination is the true holy grail"?
Just asking.
Hercs
1 trader viewing now