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CCFp weekly signals (set and forget basket trading)

  • #19,381
  • Sep 9, 2020 2:58am Sep 9, 2020 2:58am
BBSqueeze feature request: would it be possible for user to define total channel width of the standard deviation channels for BBSqueeze filter?

At the moment BBSqz is too much of a black box but I think it can really add value to filter out trades in potential market consolidation before breakout.

Been testing BBSqz and it now filters deals out the way which does not make sense for me when looking at the charts with BB indicators.

Anyone else would see value of this?
  • #19,382
  • Edited 5:24am Sep 9, 2020 3:04am | Edited 5:24am
Quoting Ilvez
I understand the concept of the weight system but where I struggled is what would be in your opinion the better option to use in short-term trading perspective e.g. Daily basket? Equal weighting of currencies gives wider array of suggested pairs for trading (trade level setting is obviously is issue as well). Basically equal weights would assume some sort of equilibrium situation between the pairs strength as your example shows. The question is whether equal wighted currencies it is better or worse option for short term trading outcomes. Any thoughts?...
Recommended weights that I give in ver17.02 is a little bit draconian.

Please use the the new recommended weights for all time frames.

USDWeight = 1.00;
EURWeight = 1.00;
GBPWeight = 0.95;
CHFWeight = 0.90;
JPYWeight = 0.90;
CADWeight = 0.85;
AUDWeight = 0.80;
NZDWeight = 0.75;
  • #19,383
  • Sep 9, 2020 4:32am Sep 9, 2020 4:32am
Much appreciated, I noticed too that old weights were quite repressive for smaller currencies.

And very much appreciate your work on this indicator, best of luck for the future.

Quoting grandaevus
{quote} Recommended weights that I give in ver17.02 is a little bit draconian. Please use the the new recommended weights for all periods USDWeight = 1.00; EURWeight = 1.00; GBPWeight = 0.95; CHFWeight = 0.90; JPYWeight = 0.90; CADWeight = 0.85; AUDWeight = 0.80; NZDWeight = 0.75;
  • #19,384
  • Sep 9, 2020 5:04am Sep 9, 2020 5:04am
Today basket hit the SL!
Swimming with sharks!
  • #19,385
  • Sep 9, 2020 5:14am Sep 9, 2020 5:14am
Quoting grandaevus
{quote} Recommended weights that I give in ver17.02 is a little bit draconian. Please use the the new recommended weights for all periods USDWeight = 1.00; EURWeight = 1.00; GBPWeight = 0.95; CHFWeight = 0.90; JPYWeight = 0.90; CADWeight = 0.85; AUDWeight = 0.80; NZDWeight = 0.75;
Hi grandeavus,
Do you use Close price or Weigthed price?
And which Period Multiplier?
Thank you,
Marco
  • #19,386
  • Sep 9, 2020 5:23am Sep 9, 2020 5:23am
Quoting mrcubl
{quote} Hi grandeavus, Do you use Close price or Weigthed price? And which Period Multiplier? Thank you, Marco
Hi mrcubl,

I use default settings with the recommended period multiplier for the selected time frame that i wrote in the CMSM ver17.02 post.
  • #19,387
  • Sep 9, 2020 5:34am Sep 9, 2020 5:34am
Quoting chandana47
Today basket hit the SL!
same here sir, no 100% accurate but in the end you still make profit.
  • #19,388
  • Sep 9, 2020 5:39am Sep 9, 2020 5:39am
Outcome of todays test - semicolon as a multiple OpenHour separator does not work. First VB is correctly opened but any following ones are not.

So the whole v91 VB open errors are manifesting only when user has chosen multiple open hours. Really appreciate if this could be fixed as I would like to use multiple openings.

Cheers,
I

Quoting Ilvez
Interesting pre-marekt observations: it seems v89 and v91 are opening Virtual Baskets on timer just fine when there is only one opening time. Also, perhaps the consistent errors what I observed with multiple basket open hours are simply down to basket time separator. Settings proposed to use comma between different times and this has been causing consisten errors of not opening baskets. This morning I tried semicolon instead, and first VB were opened in v89 and v91 without any problems. It looks promising. Now will test if the multiple open hours...
  • #19,389
  • Sep 9, 2020 6:15am Sep 9, 2020 6:15am
mrdfx tested and got the best results from 17.02v with default settings so we should wait for him or conduct a new test on grandaevus's new weight values!
Swimming with sharks!
  • #19,390
  • Sep 9, 2020 6:25am Sep 9, 2020 6:25am
Mrdfx best results according to his posted setfiles were with 1.0 equal weights and not 17.02 default settings with initial very conservative weights.

Noone is stopping to conduct forward tests yourself Just spend some 1 year or so with constant settings...

Quoting chandana47
mrdfx tested and got the best results from 17.02v with default settings so we should wait for him or conduct a new test on grandaevus's new weight values!
  • #19,391
  • Sep 9, 2020 6:28am Sep 9, 2020 6:28am
Quoting Ilvez
Mrdfx best results according to his posted setfiles were with 1.0 equal weights and not 17.02 default settings with initial very conservative weights. Noone is stopping to conduct forward tests yourself Just spend some 1 year or so with constant settings... {quote}
yes, basically mrdfx uses v17.01 value . for now, i want to stay to his method. as long i forward test last weeks, it always ends in profits.
  • #19,392
  • Sep 9, 2020 7:18am Sep 9, 2020 7:18am
You are mixing things up: 17.01 & 17.02 default currency weight settings are different than used by Mrdfx in his 10 month forward test. He uses equal weight of 1.0 for all pairs.

Quoting Tubaguz
{quote} yes, basically mrdfx uses v17.01 value . for now, i want to stay to his method. as long i forward test last weeks, it always ends in profits.
  • #19,393
  • Sep 9, 2020 7:25am Sep 9, 2020 7:25am
Guys, what do you think about this setting?

Attached Image


I am using it together with this setting enabled:

Attached Image


Basically new deals are added to RB, if they pass VB filter AND show any positive profit > 0.

I proposed Jess to add option for user to set positive pips threshold for single pair BEFORE new pair is added to basket. Only being above 0 is too optimistic. it should not be too complicated.

Cheers and green pips!
  • #19,394
  • Sep 9, 2020 7:30am Sep 9, 2020 7:30am
Quoting grandaevus
{quote} Hi mrcubl, I use default settings with the recommended period multiplier for the selected time frame that i wrote in the CMSM ver17.02 post.
Ok Thank you very much!
  • #19,395
  • Sep 9, 2020 7:55am Sep 9, 2020 7:55am
Wednesday Daily Basket hit SL!
Attached Image (click to enlarge)
Click to Enlarge Name: Csms Daily 09Sep2020.png Size: 196 KB
  • #19,396
  • Sep 9, 2020 8:00am Sep 9, 2020 8:00am
Quoting mrcubl
Wednesday Daily Basket hit SL!{image}
Where you from sir? your time is at 5 hour faster than mine.
  • #19,397
  • Sep 9, 2020 8:41am Sep 9, 2020 8:41am
Quoting grandaevus
{quote} Hi mrdfx, Say there're only two pairs, Eurusd & AudUsd and you want to calculate USD strength. Eurusd is %1 down AudUsd is %1 up. Without using a currency weigth which means Eur & Aud have equal importance in world finance system, CMSM would calculate the strength of Usd as zero. But in real life Eur is a major currency and Eurusd is the most traded pair in the world. That's why i give more weight to Eur than Aud. So, with EurWeight = 1 & AudWeight = 0.50 CMSM would calculate the strength of USD as 0.5 up.
Hi grandaevus, thank you for the clarification.
Truth is like poetry. And most people f*cking hate poetry.
  • #19,398
  • Sep 9, 2020 8:42am Sep 9, 2020 8:42am
Quoting Tubaguz
{quote} Where you from sir? your time is at 5 hour faster than mine.
Italy
  • #19,399
  • Sep 9, 2020 8:45am Sep 9, 2020 8:45am
people's locations are usually listed on their profile

blam

Quoting Tubaguz
{quote} Where you from sir? your time is at 5 hour faster than mine.
  • #19,400
  • Sep 9, 2020 8:50am Sep 9, 2020 8:50am
Today my daily preset hit SL for the first time since I shared it publicly. Guys this is to be expected, its impossible to win everyday and some times there will be losses, but overall long term you will see the month close in profit.

Also the EA will not trade everyday if the VB trigger is not reached meaning the suggested basket of pairs had low volatility and momentum or the market was going opposite of the suggested directions. This is normal and will happen sometimes. Like I say its better to stay out of the market if there is nothing good to trade.

Some of you have sent me PM's and asked me questions and I have not replied, its not that I'm ignoring you, but if its a question that has already been covered and explained in a previous post I'm not going to repeat again. Instead before asking a question please check first if it has already been answered either by me, xmess7 or someone else, this way we can also reduce the clutter of repetition.
Truth is like poetry. And most people f*cking hate poetry.
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