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CCFp weekly signals (set and forget basket trading)

  • #20,341
  • Mar 23, 2022 2:29am Mar 23, 2022 2:29am
Quoting mike74
@eurojoe and @dokopy for this kind of request have already a dedicated section of this forum under "Platform Tech" thread so please here just we talk about CCFp system , thanks. Regards.
I have five Expert Advisor installations from this thread on one profile. Installations differ in the indicator used, and each installation has a unique setting different from the others. I have a weekly goal in this indicator. When this is achieved, all EA installations will be shut down and all stores, including those waiting, will be closed. Do you have a better idea?
Please excuse the bad English via Google Translate.
  • #20,342
  • Mar 23, 2022 3:25am Mar 23, 2022 3:25am
Quoting dokopy
{quote} I have five Expert Advisor installations from this thread on one profile. Installations differ in the indicator used, and each installation has a unique setting different from the others. I have a weekly goal in this indicator. When this is achieved, all EA installations will be shut down and all stores, including those waiting, will be closed. Do you have a better idea?
this is not what i mean in the post before, i just tell you to not use this thread to ask something could be under another section of FF forum and specifically "Platform Tech" discussion.
Hope u understand my thought.
Regards.
  • #20,343
  • Mar 23, 2022 4:58am Mar 23, 2022 4:58am
Quoting mike74
{quote} this is not what i mean in the post before, i just tell you to not use this thread to ask something could be under another section of FF forum and specifically "Platform Tech" discussion. Hope u understand my thought. Regards.
O.K.
Please excuse the bad English via Google Translate.
  • #20,344
  • Mar 23, 2022 5:15am Mar 23, 2022 5:15am
Quoting mike74
@eurojoe and @dokopy for this kind of request have already a dedicated section of this forum under "Platform Tech" thread so please here just we talk about CCFp system , thanks. Regards.
Ok thanks, I'm sorry
  • #20,345
  • Mar 28, 2022 10:41pm Mar 28, 2022 10:41pm
Quoting mrdfx
{quote} I did extensive testing of this 4 years ago and my test results concluded that using TF was the best setting.
Thanks for your response MrDfx. Asked because in my own research (just under two years) they gave similar results. FF catches trend continuations while TF attempts to catch the trend start. Of course FF will have a losing week in a sharp reversal while TF will have a losing week in a choppy market.

I think I favour FF because it allows true set and forget. No risk of getting whipsawed to death. Take trades Monday morning, come back Friday night to see how they fared. If you're hit by a reversal, you take it and move to the next week. In most cases, you will recover the loss (at least based on my risk parameters) in a week or two.

Another interesting combination is to filter TF with FF. Massively reduces drawdown. Not set and forget but it's a good middle ground between both entry options.
  • #20,346
  • Mar 29, 2022 4:40am Mar 29, 2022 4:40am
@mrdfx Hi , do you change to GMT+1 in your signal ? Because i find some discrepance with my account...thanks.
  • #20,347
  • Mar 29, 2022 6:02am Mar 29, 2022 6:02am
Quoting mike74
@mrdfx Hi , do you change to GMT+1 in your signal ? Because i find some discrepance with my account...thanks.
Yes as UK time moved GMT +1 on Sunday night the open basket time needs to be adjusted -1.
Truth is like poetry. And most people f*cking hate poetry.
  • #20,348
  • Mar 29, 2022 7:55am Mar 29, 2022 7:55am
Quoting mrdfx
{quote} Yes as UK time moved GMT +1 on Sunday night the open basket time needs to be adjusted -1.
I adjust the open time to 6.45 and the close times to 15.55
Correct,right?
  • #20,349
  • Mar 29, 2022 9:20am Mar 29, 2022 9:20am
Quoting mike74
{quote} I adjust the open time to 6.45 and the close times to 15.55 Correct,right?
Yes for preset 1 that is correct.
Truth is like poetry. And most people f*cking hate poetry.
  • #20,350
  • Mar 29, 2022 8:47pm Mar 29, 2022 8:47pm
Dear All,

Sorry, could somebody help me for correction the EA ? I don't know when successfully load EA , what does it look like ? Seems my below is not correct.
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  • #20,351
  • Mar 30, 2022 9:24am Mar 30, 2022 9:24am
Quoting datdle
Dear All, Sorry, could somebody help me for correction the EA ? I don't know when successfully load EA , what does it look like ? Seems my below is not correct. {image}
So you would expect others to help you without bothering to read at least the last few pages of this thread? As I see from screenshot u use a version 44 of trademonitor , for wich reason? Is not difficult look at the last dozen of pages for understand how work the system and wich files we actually use.
Look at page 1006 at post #20,103 .
Regards.
  • #20,352
  • Mar 31, 2022 2:31am Mar 31, 2022 2:31am
help me ###CMSMindV24.01 MT5 no signal?
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  • #20,353
  • Mar 31, 2022 6:59am Mar 31, 2022 6:59am
Quoting duongvancuon
help me ###CMSMindV24.01 MT5 no signal? {image}
Make sure you have all 28 pairs visible in your Marketwatch and make sure you have downloaded sufficient history for all the pairs.
Truth is like poetry. And most people f*cking hate poetry.
  • #20,354
  • Edited 3:35pm Mar 31, 2022 3:12pm | Edited 3:35pm
Hi, regarding the CMSMIndV24.01 indicator posted here: https://www.forexfactory.com/thread/...2#post13883142

What is the recommended Period Multiplier settings for M5, M15, and H1 time frame?

Also, what is the recommended version to use? In the github page, there are several older versions like V14.01, V17.01, V21.05, etc, not sure which one to pick.

I compared the CMSMV21.05 and CMSMV24.01 on H4 period, they gave conflicting signal on EURCHF, the CMSMV21.05 said BUY, but CMSMV24.01 said SELL.
  • #20,355
  • Edited 9:35am Apr 2, 2022 9:22am | Edited 9:35am
I originally came for the currency strength meter indicator, but seeing this thread is actually about EA, I'm thinking to give it a try on my demo account.

I would test the 1st preset/template from mrdfx here: https://www.forexfactory.com/thread/...3#post13843753

Some questions:

1. The EA's auto trade function (e.g. opening the basket) will run automatically after the EA is loaded on the chart, right? Or is there a button that I need to hit manually first for running the EA's monitoring function?

2. Due to the DST change, the london open time is now moved 1 hour earlier from 8:00 to 7:00, so that means in the EA settings, the "Open Hour" should be changed from 07:45 to 06:45 and the "Daily Hour to Close Basket" needs to be changed from 16:55 to 15:55, is this correct ?

3. Any other settings need to be changed?

4. Should I hit "Reset EA" button before the EA's open hour (or everytime I loaded the EA) ?

5. What does the Buy/Sell pips mean in the Virtual Basket window (e.g. Sell NZDUSD -11.5 pips, Buy GBPUSD 18.9 pips) ?
  • #20,356
  • Edited 6:34pm Apr 2, 2022 3:00pm | Edited 6:34pm
Quoting minview
I originally came for the currency strength meter indicator, but seeing this thread is actually about EA, I'm thinking to give it a try on my demo account. I would test the 1st preset/template from mrdfx here: https://www.forexfactory.com/thread/...3#post13843753 Some questions: 1. The EA's auto trade function (e.g. opening the basket) will run automatically after the EA is loaded on the chart, right? Or is there a button that I need to hit manually first for running the EA's monitoring function? 2. Due to the DST change, the...
1) You must have the indicator loaded first in order for the EA to work. All the EA does is take the suggestions from the indicator and trade them according to the inputs. There is no button to hit in order for the EA to work. Just look for the smiley face in the top right corner of your screen to make sure it's working and ready to trade. If you see a "sad" face then you know it's not working.


2) you are exactly correct about the time change for DST. It should now be 6:45 start trading and 15:55 stop trading.


3) No other settings need to be changed.


4) After the EA has started and traded the signals for the day you do not need to hit the reset button. It will stop when supposed to and then restart the next day on it's own. No need to do anything.


5) the Buy / Sell pips in the Virtual Basket is just showing you the suggested trades and the pips traveled to that point. There is a trigger set in the inputs for the Virtual Basket that tells the EA when to start trading. I'm pretty sure Mrdfx preset has 20 pip trigger....that means when all the trades suggestions combined in the virtual basket have reached a "total" of +20 pips then the REAL basket will open up with those trade suggestions. I'm pretty sure that Mrdfx has it set up so that when the REAL basket opens after the "trigger" has been hit, it will only accept and open the trade suggestions that are in the "positive". It will not open the trade suggestions that are in the negative.
  • #20,357
  • Edited 12:35pm Apr 4, 2022 9:05am | Edited 12:35pm
Thanks for the answers. I had run the EA today and it opened the virtual basket on the Open Hour. Unfortunately there were no virtual trades that meet the 20 pips trigger criteria, after 30 minutes the virtual basket was closed automatically. If I understand it correctly, this means there will be no trades at all for the whole day, so at this point is it fine if I terminate the EA (i.e. closing the chart or the MT4 instance) ? As I don't see a reason to keep it running for whole day if there are no trades, then at tomorrow before the Open Hour I will run the EA again.
  • #20,358
  • Apr 4, 2022 5:51pm Apr 4, 2022 5:51pm
Quoting minview
Thanks for the answers. I had run the EA today and it opened the virtual basket on the Open Hour. Unfortunately there were no virtual trades that meet the 20 pips trigger criteria, after 30 minutes the virtual basket was closed automatically. If I understand it correctly, this means there will be no trades at all for the whole day, so at this point is it fine if I terminate the EA (i.e. closing the chart or the MT4 instance) ? As I don't see a reason to keep it running for whole day if there are no trades, then at tomorrow before the Open Hour I...

Hey minview, I was just checking private message and saw your question .

The EA is a set and forget EA. So yes you can unload it anytime you want and active it again before the OPEN hour.

There are 3 settings for opening a real or vbasket.
Daily, weekly, monthly.
So as you can imagine the daily well be when the EA attempts to open a basket or virtual basket a set hour.
Weekly, once a week. Monthly, once a month.

For the virtual baskets setting you can tell the EA to ignore the "Timeout" and just let the vbasket go all day long to try to reach a trigger level.
But for now it seems that you have a limit and if the vbasket profit does not reach the trigger level when a certain time passed then as you saw it will just close it and stop doing anything till the next day.

Anyhow if you need more info I can help.... I am not here that much anymore but from time to time I do come by and check my channels and private messages.

I do plan to upgrade the EA. It will just be improvements, like for example the input list is TOOOOOOO long, so I want to shorten it down LOL

Take care
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #20,359
  • Apr 4, 2022 10:56pm Apr 4, 2022 10:56pm
Quoting eagle85
London and New York Sessions CMSM v22.02 TradeMonitor v80 100 Pip Daily Target Met (288.9) Manual Basket Trading Strategy Real Basket Open/Close Cycles Completed: 9 {image} {image} {image} {image}


I've downloaded your V80 and currency strength.

I can see you open AUD daily basket, AUD weekly basket, Eur Daily basket, Eur weekly basket, GBP Daily basket, GBP Weekly basket, AUD reversed basket, EUR reversed basket, GBP reversed basket.

I'm new to CCFP basket, could you please share your set files for AUD, EUR, GBP? thanks
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  • #20,360
  • Apr 5, 2022 5:07am Apr 5, 2022 5:07am
Quoting mrdfx
Hey guys so I've trimmed down the accounts and now I am only trading with preset 1. I have started a new account which is trading the original preset 1 and an adapted version for lower risk/prop trading. You can find the TE in my profile. Max loss per day on both sets would be -7.5% and max profit per day would be +3.8%. Lets see how they do going forward with no manual intervention, 100% set & forget.
So its been one month since running only preset 1 and the account is up +28%, pretty good for something that's 100% set & forget.

I can confirm that this preset is profitable long term and is suitable for prop trading if you do that, and its also scalable so you can increase the risk for more profit depending on your risk appetite.
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Truth is like poetry. And most people f*cking hate poetry.
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