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CCFp weekly signals (set and forget basket trading)

  • #19,901
  • Nov 3, 2020 4:51am Nov 3, 2020 4:51am
Quoting Ilvez
Attention! I am telling you once again that something is wrong with the EA v93 and how it handles Virtual Baskets. Check the screenshot: I have set EA to continue to update VB and I have set EA to add new trade suggestions to RB. As you can see, it has not added AF, NJ and NU pairs to RB, even though they meet the VB triggers and pip threshold of 3 pips. {image} I have outlined the v93 issues to Jess multiple times and hopefully he will be able to check what is wrong there. Also, I have asked Jess to add option for VB to calculate upper trigger...
Are you using the candle color filter? If so did you check that perhaps those pairs were not added to the RB as they failed the candle color filter?

I am aware of a few bugs that Jess is working on for v94, we just need to be patient and wait for him to address it.
Truth is like poetry. And most people f*cking hate poetry.
  • #19,902
  • Nov 3, 2020 5:05am Nov 3, 2020 5:05am
Hi,

No, I am not using the candle color nor BBSqz filters. Just testing out some VB settings and individual pip threshold is yet another bug in v93 virtual basket. And the Candle color filters are applied before VBasket so any trades failing the filter will not appear in VB at all.

I asked Jess just to copy-paste Virtual Basket code from v88 into v9X and we are done

And it would be very nice to have this option only to add up only positive pairs for VB upper trigger. It would actually follow the logic of your long term test outcome as well because the good results have been achieved by moving only positive pairs to RB. Why then we should wait for negative pairs dragging the VB results? Of cource it would mean some recalibration of the upper trigger, probably 20pips is too small when adding only positive pairs.

Quoting mrdfx
{quote} Are you using the candle color filter? If so did you check that perhaps those pairs were not added to the RB as they failed the candle color filter? I am aware of a few bugs that Jess is working on for v94, we just need to be patient and wait for him to address it.
  • #19,903
  • Nov 3, 2020 5:27am Nov 3, 2020 5:27am
Quoting Ilvez
Hi, No, I am not using the candle color nor BBSqz filters. Just testing out some VB settings and individual pip threshold is yet another bug in v93 virtual basket. And the Candle color filters are applied before VBasket so any trades failing the filter will not appear in VB at all. I asked Jess just to copy-paste Virtual Basket code from v88 into v9X and we are done And it would be very nice to have this option only to add up only positive pairs for VB upper trigger. It would actually follow the logic of your long term test outcome as well...

Also V93 is not having anymore the functionality for Exclude pairs Good idea Iv for revert to 88
  • #19,904
  • Nov 3, 2020 5:37am Nov 3, 2020 5:37am
Yes, you can exclude pairs or currencies in v93:


Attached Image


Quoting aspirtakis
{quote} Also V93 is not having anymore the functionality for Exclude pairs Good idea Iv for revert to 88
  • #19,905
  • Edited 3:52am Nov 5, 2020 3:07am | Edited 3:52am
See profit, take profit...

As a suggestion to fellow users - Trail Stops appear very lucrative but in reality most of the time you would be probably collecting less than with fixed target.

Like today - thought to take advantage of London Open momentum on US elections outcome speculations effect on dollar, with the help of (CMSM 17. Also thought to test wider trail stops (1%/1%), locking from 1.5% to allow some room for push. In half an hour I was looking at the gain of 3.5%, which then backed into trail stop of 1.5% overall profit.

Oh well - its a profit

Good luck and green pips!
  • #19,906
  • Edited 1:26am Nov 6, 2020 1:03am | Edited 1:26am
How have been others performance with daily default basket (settings in post #19204)?

Yesterday was another sad day for default daily - watching it join market after lot of momentum was lost, struggle with the short pullbacks/retraces then surprisingly hit +2.2%...and then back itself into stoploss. Pretty frustrating, isn't it?

What I have implemented in my live account is to use OneTimeBE function, together with fixed TP target. Basically it behaves like you would behave in manual trading - if price has traveled enough to good direction, you protect your positions by setting BE SL (covering swap cost and some small profit). I have set locking target to BE at +1.5% and set BELock at 0.5%. After hitting 1.5% profit, in 90% of the cases actual 2.5% TP will be hit but there can be days like yesterday when result was only 0.3% short of TP target but at the end all you were left was 5% loss.

So this BE function means you feel more secure when you have hit +1.5% and you feel less stupid in the occasions where you miss +2.5% TP target by fraction of hair and back into stoploss. Downside is that there can be days when you only collect +0.5% or thereabouts. But its way better than -5%.

Here is the setting what I am using, feel free to experiment with this and if it fits your style:

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On a positive note - my 2.5 month experience shows that daily basket can be profitable, when used with common sense, market awareness, good timing and some manual interventions. Also, general settings from post #19204 can be used as a base but they need considerable adjustments to make it more safer. Consistent 10% monthly profit should be attainable, with relatively risk averse manner. Fully set and forget approach does not exist. Only thing what you set is EA and forget the profits.

Good luck and please report back your experiences and what could be improved together.
  • #19,907
  • Edited 4:32am Nov 6, 2020 3:25am | Edited 4:32am
Another nice morning when demo, running my live account settings collected 80pips in 1.5hours, no GBP pairs involved this time. Max gain +2.8%, min -0.5%. Did not want to run live account as its Friday, US election mess and it has been decent week already for live account. Collecting datapoints how my live settings would behave in the days when its good common sense to avoid trading. If all plays out long term, then I know how much I can trust my live account.

17.XX indicator works like a charm in this conditions when there are pretty clear trends on the market.

Again, respect to Grandaevus, Mrdfx and Jess for giving us such tools!
  • #19,908
  • Nov 6, 2020 6:28am Nov 6, 2020 6:28am
Quoting Ilvez
How have been others performance with daily default basket (settings in post #19204)? Yesterday was another sad day for default daily - watching it join market after lot of momentum was lost, struggle with the short pullbacks/retraces then surprisingly hit +2.2%...and then back itself into stoploss. Pretty frustrating, isn't it? What I have implemented in my live account is to use OneTimeBE function, together with fixed TP target. Basically it behaves like you would behave in manual trading - if price has traveled enough to good direction, you protect...
Just to clarify, my preset that I shared is not the "daily default basket", it is my own preset based on my own lengthy forward testing process. My preset does not need "considerable adjustments to make it more safer". If you feel that my preset is not good enough for you then you are welcome to find your own which works for you, but please don't imply my preset is not profitable or does not work successfully. A considerable amount of time and effort has gone into my daily preset and yes it does work, its one of the only FF strategies that I trade live besides Hybrid EA and my own personal custom EA's. Also yesterday's daily basket hit TP and today's basket hit TP closing the week in a profit.
Truth is like poetry. And most people f*cking hate poetry.
  • #19,909
  • Edited 12:36pm Nov 6, 2020 7:55am | Edited 12:36pm
You have done huge work in testing the multiple settings, full credit to that.

What I am saying that live testing during last 2.5 months across many different users with your daily basket settings have demonstrated a lot of inconsistency between the users and financial results. For instance this week you had 2 days in profit, while I had yesterday SL and today I had profit from your daily settings.

As a reference while your daily basket settings are -31% down on my demo acc. since 1st of September, my other daily basket accounts running modified settings are up 10-20% during same period.

I am extremely cautious to claims that EA can trade all 28 FX pairs safely all the times, left fully to its own devices, regardless of one successful run of 10 month forward test by one user.

Many pairs out of 28 do not deserve to be part of the daily basket for different reasons (too slow or too erratic etc.) and I also encourage folks to study market dynamics during different trading sessions, study the behavior of indicators vs market behavior and in general be very risk aware when letting automated systems near to your hard earned money. Markets change all the time, you either adapt to them, create a good trading discipline and system for intervention - or you blindly trust the EA and get burned - sooner or slightly later.

I am only inviting folks to share ideas and experiences what works and what doesn't. There is certainly no ultimate source of truth here.

Cheers,
I


Quoting mrdfx
{quote} Just to clarify, my preset that I shared is not the "daily default basket", it is my own preset based on my own lengthy forward testing process. My preset does not need "considerable adjustments to make it more safer". If you feel that my preset is not good enough for you then you are welcome to find your own which works for you, but please don't imply my preset is not profitable or does not work successfully. A considerable amount of time and effort has gone into my daily preset and yes it does work, its one of the only FF strategies that...
  • #19,910
  • Nov 6, 2020 6:11pm Nov 6, 2020 6:11pm
currencies with suffix EURUSDm, AUDUSDm ... I enter CMSM 23.5 settings as the screen doesn't work can someone help me? thank you!
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  • #19,911
  • Nov 7, 2020 12:30am Nov 7, 2020 12:30am
What happens without suffix? It needs good history from symbols to work.

Quoting duongvancuon
currencies with suffix EURUSDm, AUDUSDm ... I enter CMSM 23.5 settings as the screen doesn't work can someone help me? thank you! {image}
  • #19,912
  • Nov 9, 2020 4:43am Nov 9, 2020 4:43am
Monday weekly basket hit TP.

Daily basket hit TP.

Happy Monday.
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Truth is like poetry. And most people f*cking hate poetry.
  • #19,913
  • Nov 9, 2020 4:54am Nov 9, 2020 4:54am
Well done - good start for the week!

In my demo account default Daily Basket did not trigger, missed upper trigger by 2.5pips.

Live daily account hit TP as well, no GBP pairs involved.

Quoting mrdfx
Monday weekly basket hit TP. Daily basket hit TP. Happy Monday. {image} {image}
  • #19,914
  • Nov 9, 2020 2:06pm Nov 9, 2020 2:06pm
New York Session
TradeMonitor v80
100 Pip Daily Target Met (132.3)
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  • #19,915
  • Nov 10, 2020 3:32am Nov 10, 2020 3:32am
Very nice morning

Daily Basket (post #19204) on demo and my modded live account hit 2.5% TP targets in less than 30 minutes.

Lets keep it going!
  • #19,916
  • Nov 10, 2020 7:06am Nov 10, 2020 7:06am
Heads-up - just in case.

I have recommended using EA v88 as a solid alternative to newer releases because it does not suffer from various Virtual Basket errors.

BUT.

What I have closely observed with v88 that it is quite often very slow to respond on closing the basket when actual TP levels are hit. Perhaps this is just my local issue but watch out how it behaves on your computers/VPS servers. First indicator of potential slowness is that "Gain %" status on screen is updated very infrequently, while actual P/L is running away. Yes, maybe the EA actually uses internal triggers and maybe the status screen update is slow, but I have witnessed v88 wait quite a bit to react to the basket closure. Which is fantastic if market moves your way, but waiting 10-15 seconds to close basket while hitting SL might not be so nice.

v86 seems to be way more quicker to react, at least on my end, so I am moving down to ladder of versions to v86

So, make your own tests and make sure you are absolutely comfortable with whatever version of EA you choose to run.

Cheers,
I
  • #19,917
  • Nov 11, 2020 1:01pm Nov 11, 2020 1:01pm
Daily basket SL hit today quick and hard on live account (ouch). Interrupting 5 runs in a row of quick daily profit taking. Account up by +11% since 1st Sep.

TP hit (Yes!) on demo acc. default daily (post #19204), account down by -26% since 1st of Sep.

Both accounts run CMSM 17.

It is sometimes messy business with daily baskets, especially with retraces. It really pays to watch out for trades taken near weekly high or low fibo levels (e.g. 100+).

Well, lets continue the journey and be careful out there.

Cheers,
I
  • #19,918
  • Nov 11, 2020 7:19pm Nov 11, 2020 7:19pm
Hi Xmess7,
Somehow, from ea v77 back here, I don't understand why the basket is closed manually or by timer, it takes about 1 minute to close the basket?
The basket responds very slowly.
  • #19,919
  • Nov 11, 2020 11:51pm Nov 11, 2020 11:51pm
Try v86, it works better at least for me.

Quoting dchongpro
Hi Xmess7, Somehow, from ea v77 back here, I don't understand why the basket is closed manually or by timer, it takes about 1 minute to close the basket? The basket responds very slowly.
  • #19,920
  • Edited 10:08am Nov 12, 2020 3:05am | Edited 10:08am
Quoting Ilvez
One more question about "core logic" foor 23.xx indicator. How many and what specific timeframes 23.xx considers for trade suggestions? Is it really so, that for Daily suggestions indicator compares at default Trade Depth of 3 only H4, H1 and M30 datapoints for running timeseries for 3MA and 5 MA calculations? Meaning that for the Daily 3 MA values the 23.xx indicator looks back at current 18xH4, 72xH1 and 144xM30 timeframe datapoints? And it disregards any longer period datapoints as opposed to the 17.XX indicator? {quote}
CMSM ver 23.xx looks lower time frames to catch early signs of a correction or a possible trend change.

So if your default time frame is PERIOD_D1, then CMSM looks the next three lower time frames that comes after D1 time frame which is D1 + (h4 , h1, m30) @ mt4 and D1 + (h12 + h8 + h6) @ mt5.


Period 3 & 5 are used both in main and lower time frames.
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