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CCFp weekly signals (set and forget basket trading)

  • #20,101
  • Dec 24, 2021 1:02pm Dec 24, 2021 1:02pm
Merry Christmas guys, may you have a blessed time with your friends and family.
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Truth is like poetry. And most people f*cking hate poetry.
  • #20,102
  • Dec 24, 2021 1:34pm Dec 24, 2021 1:34pm
Quoting mrdfx
Merry Christmas guys, may you have a blessed time with your friends and family. {image}
Merry Christmas to you
  • #20,103
  • Jan 3, 2022 9:51am Jan 3, 2022 9:51am
Quoting mrdfx
So its a new year with new beginnings as they say, and it also means its a time for new forward testing. Based on my own knowledge and experience with this strategy so far, I've set up some new forward tests to let them run throughout the year untouched and later on down the road I will take a look and see which sets have an edge if there is any. I've set up 96 charts across 8 terminals on 2 separate VPS's. This should be an interesting forward test as there are many variations of different settings I am testing. Hopefully by the end...
Quoting mrdfx
{quote} Hey guys, and I'm back with some new updates on my long term forward test. The end of September marked the end of the 3rd quarter and I have to say it was probably the most boring quarter so far. I'm not sure of its cos we going on 9 months now and its feeling kinda long, or cos the last 3 months there was not much to say. July was an ok month, August was very slow and not much profit was made between the presets, but thankfully September proved to be a pretty good month with some nice gains made on the presets. There was quite a...
Hey guys, I'm back and a very happy 2022!

So here we are finally! Phew now that was a long forward test!

Well its all done and finally completed. This was the first time I dedicated so much of my time to a strategy to find out what works best, and I think in the end I was successful.

This weekend after recovering from my NY hangover I crunched all the numbers and compiled all the data over the last year and came up with the following stats. Now I didn't kept stats of everything, just what I thought was most important, and that's making profit.

Overall there are 3 top presets and below are their stats after 1 year of trading without any manual intervention at all at any time, true set & forget trading.


Winner:

Total profit: +83,43%.

Monthly profit/loss: +57,60, +17,16, -18,85, +8,93, +6,39, -3,65, +0,22, +11,66, -3,15, -1,10, +9,61, -1,39 = +83,43%.

Average monthly profit: +6,95%.

Months won/lost: 7/5

Profit/loss ratio: +111,57% / -28,14% = +74,77%.


1st runner up:

Total profit: +68,51%.

Monthly profit/loss: +14,46, -1,16, +13,02, +6,64, -9,06, -2,13, -2,49, +9,99, -0,26, +7,76, +12,28, +19,46 = +68,51%.

Average monthly profit: +5,71%.

Months won/lost: 7/5

Profit/loss ratio: +83,61% / -15,10% = +81,94%.


2nd runner up:

Total profit: +46,37%.

Monthly profit/loss: -3,36, +12,99, +3,71, -8,84, -1,73, +6,11, -0,74, +13,12, +4,57, +1,28, +5,50, +13,76 = +46,37%.

Average monthly profit: +3,86%.

Months won/lost: 8/4

Profit/loss ratio: +61,04% / -14,67% = +75,97%.


So those are the results of the top 3 presets, not bad for a 100% set & forget strategy right? For all of the presets a take profit of +2.5% was used with a stop loss of -5%, so at no time did max loss or the DD go above -5% which is very good IMO. The favorable time to open the basket is 07:45 London time, shortly before the market opens.

What do you think? Which one looks the best to you? Which preset would you trade live?

I'll be starting a new account (TE is visible in my profile) loaded with all 3 presets to see how they do, and I'll be modifying them to use lower risk so they can also be used for prop trading. I want to try modify them to make around +1% per day with max 2-3% DD which will do well for anyone who is prop trading.

Attached is a zip file containing all 3 presets, templates, and the indicator and EA you need. Simply install the indicators and EA and then load the preset you want to use.

Ok that's it I think, its been an interesting journey with some surprising results. Its good to find a strategy that can be truly set & forget and still make a decent profit, but that being said if I had been trading this live there were days where I probably would have intervened manually sometimes, or not traded at all. There were also days where I might have closed early (see profit take profit) based on seeing the market changing.

Overall I'm pleased with the outcome and I hope some of you will find value in what I did and take what I shared and make some profits. Cheers!
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Attached File(s)
File Type: zip CMSM + CCFp EA.zip   583 KB | 1,288 downloads
Truth is like poetry. And most people f*cking hate poetry.
  • #20,104
  • Jan 3, 2022 11:22am Jan 3, 2022 11:22am
Let me be the first to thank you for all the time and effort you have put into this! It is so much appreciated.
Happy New year to you, let's hope it's just as profitable!
  • #20,105
  • Jan 3, 2022 5:49pm Jan 3, 2022 5:49pm
Quoting mrdfx
{quote} {quote} Hey guys, I'm back and a very happy 2022! So here we are finally! Phew now that was a long forward test! Well its all done and finally completed. This was the first time I dedicated so much of my time to a strategy to find out what works best, and I think in the end I was successful. This weekend after recovering from my NY hangover I crunched all the numbers and compiled all the data over the last year and came up with the following...

happy new year~!
thank for the effort.

Can you share the lot size and average monthly traded lot??
  • #20,106
  • Jan 4, 2022 12:07am Jan 4, 2022 12:07am
Quoting mrdfx
{quote} {quote} Hey guys, I'm back and a very happy 2022! So here we are finally! Phew now that was a long forward test! Well its all done and finally completed. This was the first time I dedicated so much of my time to a strategy to find out what works best, and I think in the end I was successful. This weekend after recovering from my NY hangover I crunched all the numbers and compiled all the data over the last year and came up with the following...
do trading hours change in winter and summer so do you change your settings seasonally? Thank you very much!
  • #20,107
  • Jan 4, 2022 1:58am Jan 4, 2022 1:58am
Is there a version for mq5? for indicator xm7_Ccfp_Wkly_TradeMonitor_v96.ex4 please share. thank you!
  • #20,108
  • Jan 4, 2022 4:08am Jan 4, 2022 4:08am
Quoting mrdfx
{quote} {quote} Hey guys, I'm back and a very happy 2022! So here we are finally! Phew now that was a long forward test! Well its all done and finally completed. This was the first time I dedicated so much of my time to a strategy to find out what works best, and I think in the end I was successful. This weekend after recovering from my NY hangover I crunched all the numbers and compiled all the data over the last year and came up with the following...
Thank you for the effort and files.

Do you let the EAs run unatttended even when there are red events like NFP coming up?
  • #20,109
  • Jan 4, 2022 6:24am Jan 4, 2022 6:24am
@mrdfx thank you so much for share this huge work , Can i ask you about the future improve for obtain 1% x day is about the same set files you share and modify only the risk of lot open or is about an additional tweak of the existing set files? Thanks again...
  • #20,110
  • Jan 4, 2022 9:16am Jan 4, 2022 9:16am
Quoting StayFoolish
{quote} happy new year~! thank for the effort. Can you share the lot size and average monthly traded lot??
I did not pay attention to the lot sizes as it varied on the account balance at the time as I was using lots per balance.
Truth is like poetry. And most people f*cking hate poetry.
  • #20,111
  • Jan 4, 2022 9:16am Jan 4, 2022 9:16am
Quoting duongvancuon
{quote} do trading hours change in winter and summer so do you change your settings seasonally? Thank you very much!
Yes you need to pay attention to daylight saving and adjust the open and close time accordingly.
Truth is like poetry. And most people f*cking hate poetry.
  • #20,112
  • Jan 4, 2022 9:21am Jan 4, 2022 9:21am
Quoting procmail
{quote} Thank you for the effort and files. Do you let the EAs run unatttended even when there are red events like NFP coming up?
Yes as I stated above I did not interfere with anything, it was 100% set & forget including red news and holidays.

I did monitor how the baskets performed during red news events and I have to say its was really 50/50 as it would go either way, sometimes the news went in favor of the basket and sometimes not, and also sometimes red news didn't affect the baskets at all depending on the pairs in the basket not being linked to the news event.

With red news events its impossible to know how it will go so I just let the EA trade regardless.
Truth is like poetry. And most people f*cking hate poetry.
  • #20,113
  • Jan 4, 2022 9:21am Jan 4, 2022 9:21am
Quoting mike74
@mrdfx thank you so much for share this huge work , Can i ask you about the future improve for obtain 1% x day is about the same set files you share and modify only the risk of lot open or is about an additional tweak of the existing set files? Thanks again...
Yes I am using the same set files I just increased the lots per balance and lowered the SL & TP.
Truth is like poetry. And most people f*cking hate poetry.
  • #20,114
  • Jan 4, 2022 12:14pm Jan 4, 2022 12:14pm
hey mrdfx

thanks so much for your forward test and sharing your sets. Could you please share approximately what the TP/SL would be in pips, this would held me to scale the sets different account size / lot size

blam
  • #20,115
  • Jan 4, 2022 3:21pm Jan 4, 2022 3:21pm
Quoting mrdfx
{quote} Yes as I stated above I did not interfere with anything, it was 100% set & forget including red news and holidays. I did monitor how the baskets performed during red news events and I have to say its was really 50/50 as it would go either way, sometimes the news went in favor of the basket and sometimes not, and also sometimes red news didn't affect the baskets at all depending on the pairs in the basket not being linked to the news event. With red news events its impossible to know how it will go so I just let the EA trade regardless.
Understood, thanks again.

I was testing set 1 yesterday. The VB opened on time but during London not much action occurred so the VB closed itself after 30 minutes, which is good and safe.

But during NY there was some action and the VB didnt open anymore. Is this expected behavior after the VB closed itself earlier on?
  • #20,116
  • Jan 5, 2022 2:23am Jan 5, 2022 2:23am
Quoting mrdfx
{quote} Yes I am using the same set files I just increased the lots per balance and lowered the SL & TP.
Thanks for reply , i have one more question about set up on GMT times like other user ask ....I have IC Markets broker GMT + 2 or GMT + 3 (when daylight savings is in effect), so can you make me an example about what i have to text in the parameter in my case ? because the basket is open at 7.45 am and close at 16.55 (GMT) so can you explain better how to use the parameter GMT for don't made a misunderstood , many thanks again ...
  • #20,117
  • Jan 5, 2022 5:40am Jan 5, 2022 5:40am
Quoting blamshakk
hey mrdfx thanks so much for your forward test and sharing your sets. Could you please share approximately what the TP/SL would be in pips, this would held me to scale the sets different account size / lot size blam
From my observations during the year most times the TP was around 60-80 pips and the SL was around 120-160 pips.

It varied day to day based on which pairs were in the basket for that day as pips are counted differently for some pairs. This is why I preferred to work in percentages for the SL & TP instead of pips as with % its % no matter which pairs are being traded.
Truth is like poetry. And most people f*cking hate poetry.
  • #20,118
  • Jan 5, 2022 5:42am Jan 5, 2022 5:42am
Quoting procmail
{quote} Understood, thanks again. I was testing set 1 yesterday. The VB opened on time but during London not much action occurred so the VB closed itself after 30 minutes, which is good and safe. But during NY there was some action and the VB didnt open anymore. Is this expected behavior after the VB closed itself earlier on?
Yes the EA set to open for the London session once per day only. If you want it to open during NY you can change the open time.
Truth is like poetry. And most people f*cking hate poetry.
  • #20,119
  • Jan 5, 2022 5:45am Jan 5, 2022 5:45am
Quoting mike74
{quote} Thanks for reply , i have one more question about set up on GMT times like other user ask ....I have IC Markets broker GMT + 2 or GMT + 3 (when daylight savings is in effect), so can you make me an example about what i have to text in the parameter in my case ? because the basket is open at 7.45 am and close at 16.55 (GMT) so can you explain better how to use the parameter GMT for don't made a misunderstood , many thanks again ...
You need to check GMT time in relation to UK time not your broker time. The EA does not use broker time for anything only GMT time.

When UK time moves forward then you will adjust the open time in the EA settings accordingly to match up. This topic has been discussed many many times in the thread so maybe do a quick search on it and you will find more answers if you need.
Truth is like poetry. And most people f*cking hate poetry.
  • #20,120
  • Edited 7:18am Jan 5, 2022 6:53am | Edited 7:18am
Quoting mrdfx
{quote} You need to check GMT time in relation to UK time not your broker time. The EA does not use broker time for anything only GMT time. When UK time moves forward then you will adjust the open time in the EA settings accordingly to match up. This topic has been discussed many many times in the thread so maybe do a quick search on it and you will find more answers if you need.
thanks for reply , ok i understand now , in the set files the gmt parameter is set on 7.45 am , intend standard gmt times , right?
Anyway i set up one account demo for watch how ea work so i will update here the result...
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