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  • #1,301
  • Nov 30, 2009 2:18pm Nov 30, 2009 2:18pm
Hello everyone,
Just finished reading the thread, and the whole concept looks very appealing. The thread was initiated about a year ago, so it would be great to know if anyone has traded the system live, and with what results.

I´m just starting to test it myself (on demo, of course), to see how bad it can hurt my account. I am going to avoid news times and the Asian session, considering this is a system that works best in trending markets. I am also not going to open every trade, but only about 3 or 4, i.e. those with the most extreme currencies (those showing the largest negative and positive values). If I understood it well, the differences between the two last completed 4H candles gives also the intensity of each currency´s weakness or strength. SL and TP = 100.

Well, hope anyone out there is trading with this system. It looks fine on paper, but like we say down south... "you can only see the horse on the track" (my free translation).

Last but not least, thanks to all the contributors, especially to ES.

ME
  • #1,302
  • Nov 30, 2009 3:05pm Nov 30, 2009 3:05pm
Quoting Middleastern
Hello everyone,
Just finished reading the thread, and the whole concept looks very appealing. The thread was initiated about a year ago, so it would be great to know if anyone has traded the system live, and with what results.

I´m just starting to test it myself (on demo, of course), to see how bad it can hurt my account. I am going to avoid news times and the Asian session, considering this is a system that works best in trending markets. I am also not going to open every trade, but only about 3 or 4, i.e. those with the most extreme currencies...
It seems I still have a subscription to this thread, so I picked up your contribution.

Basket trading using rs is alive and flourishing.

Visit http://www.forexfactory.com/showthread.php?t=204646 and http://www.forexfactory.com/showthread.php?t=152341 to find out what has been happening in two highly successful threads.

Settle in for a long read; 'twill be worth it.

  • #1,303
  • Dec 1, 2009 6:00am Dec 1, 2009 6:00am
Hi Steve,
Thanks for your answer. Quite a long reading indeed... almost 4000 posts in less than one month!!??

ME

Quoting SteveHopwood
It seems I still have a subscription to this thread, so I picked up your contribution.

Basket trading using rs is alive and flourishing.

Visit http://www.forexfactory.com/showthread.php?t=204646 and http://www.forexfactory.com/showthread.php?t=152341 to find out what has been happening in two highly successful threads.

Settle in for a long read; 'twill be worth it.

  • #1,304
  • Dec 5, 2009 11:20am Dec 5, 2009 11:20am
Thanksss a lot all my frenz...
  • #1,305
  • Dec 14, 2009 3:04am Dec 14, 2009 3:04am
Hey there,

First thanks ES and others who have contributed.

Ive read throught the entire thread and i will still ask this stupid question...

What timezone is the system based ? im in sydney australia ... just finding it difficult to know when to trade etc i assume your going of the London session.

when do you find its best to trade right when the market opens or during the middle of it?

Is it necessary to put the indicators on all of the charts before placing an order?

thanks in advance
  • #1,306
  • Jan 9, 2010 12:12pm Jan 9, 2010 12:12pm
Hi guys,

excellent thread and congratulations to you all !

I am currently researching the Basket trading threads on FF as I am fascinated by this area which is an excellent way of isolating currencies and allowing analysis of them individually for experimentation

If you guys are using the raw CCp settings I would humbly suggest you play with them more to see how this affects your results.....always a worthwhile experiment

also may be worth thinking about how currencies move together as this can be useful in optimising entries + of course other market correlations
that may provide confluence/support to key currency movements such as Gold (inversely) supporting USD moves and S&P (inversely) supporting Yen moves

anyhow...just ideas I tend to use alongside my own basket trading indicator to optimise the success of trades

Best regards
Neil
(NVP)
  • #1,307
  • Edited 7:12pm Feb 16, 2010 7:04pm | Edited 7:12pm
http://www.forexfactory.com/showthre...113181&page=84
Quoting FerruFx
Great posting!

It's exactly how a multi TFs trading system works.

The Level in the CCFp-Diff might be a good filter to avoid choppy markets.

FerruFx
sorry, how can i setting to view like this.

thank you
Attached Image (click to enlarge)
Click to Enlarge Name: CCFp-dashboard.gif Size: 54 KB
  • #1,308
  • Mar 8, 2010 1:43am Mar 8, 2010 1:43am
So quick profit using ccfp v1.0 2 b. (look attach pic.)
First i calculate which are the BUYs and SELLs with Pipo's excel table.Secondly i choose more useful pairs for trading and ignore CAD pairs.They are unknown for me and do not use them.I prefer to use most tradable pairs.Sometimes avoid NZD, too.
This is my first attempt to use ccfp and will continue testing.
BUT, i have some doubtfulness.It come from that sometimes the price will turn back and our sl will be hit.So, before executing the position we must to give us 5 min to observ whole market.We will use himself like a filter Blindly following only the indicator is danger.
Thank you for ES, Skyline, Pipo, Ferru Fx and other improvmers and developers!
Attached Image (click to enlarge)
Click to Enlarge Name: 090310 ccfp v1.0 2b.gif Size: 76 KB
  • #1,309
  • Mar 8, 2010 3:29am Mar 8, 2010 3:29am
Today 08.03.2010 i put orders on Daily base using ccfp v 1.0 2b.Again take Pipo's excel table and executed all available pairs in my broker.No sl and tp.
Will see developments after 1-2-3-4 days.
Attached Image (click to enlarge)
Click to Enlarge Name: orders on d1 base (ccfp v1.0 2b).gif Size: 81 KB
  • #1,310
  • Mar 9, 2010 1:49am Mar 9, 2010 1:49am
Quoting Empori
Today 08.03.2010 i put orders on Daily base using ccfp v 1.0 2b.Again take Pipo's excel table and executed all available pairs in my broker.No sl and tp.
Will see developments after 1-2-3-4 days.
Today the situation is bad bad bad.
Attached Image (click to enlarge)
Click to Enlarge Name: 090310 current.gif Size: 77 KB
  • #1,311
  • Mar 9, 2010 3:51am Mar 9, 2010 3:51am
Hi all

I dont post here much as mainly i'm on T2W...but i am alerted to posts for this fantastic thread

just an observation......I would recommend that people using this (brilliant) indicator observe the first correlation power law of the G8

and that is that generally the USD and the Yen move in 1 direction ...and the rest of the G6 in the other

Recognise that and you will make a lot more profitable trading calls

Best regards
NVP
  • #1,312
  • Mar 12, 2010 2:16am Mar 12, 2010 2:16am
Finally 4 days later i closed to +30p.Five days waiting for 30p is not acceptable but i just caught inappropriate market week.
  • #1,313
  • Mar 12, 2010 8:59am Mar 12, 2010 8:59am
I see that using Excel to manipulate trading data is working well.
I am working with the Excel files now and having great results! I am looking forward to have my forex system monitored automatically so it is not requiring my constant supervision!
  • #1,314
  • Mar 12, 2010 3:09pm Mar 12, 2010 3:09pm
Quoting lkjeffers
I see that using Excel to manipulate trading data is working well.
I am working with the Excel files now and having great results! I am looking forward to have my forex system monitored automatically so it is not requiring my constant supervision!

Hi lklkjeffers,

Do you use H4 tf as per rules described from ES?Can you share your methodology of trading.
I use excel file too, but still testing on different tf in order to understand how the system work.After one week researcing i found that this is very good method.Many of parameters are clear for me.The main question remain - are the H4 is best tf for trading?
So, automatic trading in this system you may find in this thread http://www.forexfactory.com/showthread.php?t=116412
Now i testing CCFpd v3 EA under tf's 15m 1h 4h.EA works accurate.Thanks to Matrixebiz for that!
  • #1,315
  • Mar 20, 2010 4:06am Mar 20, 2010 4:06am
Hi all

I run a small thread out of T2W on correlation and have a free indicator similar to the CCFp on offer....

before you all reach for the spam button.......... I need some help developing it to the next level......any programmers interested?

Neil
(NVP)
  • #1,316
  • Mar 20, 2010 4:52am Mar 20, 2010 4:52am
subscribing.

thanks for the thread and any folks
continuing.

I want to settle in a bit, but have some
things I am already testing that might
add well into these ideas. Must see first,
come next week or two.

Best to all,

Ron
  • #1,317
  • Mar 26, 2010 3:56pm Mar 26, 2010 3:56pm
Excellent thread and congratulations to you all!
I have tested the this for the past 2 days, 5 times on 4 hour timeframe. I am using "Relative Strength EA" from RR (Lot=0.1, SL=1000, TP=600, Trailing Stop=300, MoveStopWhenPrice=500)

For some reason, I had only 1 (+59 pips) gain, 4 losses(total -520 pips).
I am connecting to IBFX-MT4-DEMO1 server to do the testing.

I am wondering if it is something to do with the time Zone I trade or just the market is not trending enough these days for this strategy?
Most of time it only has 1 or 2 red/green bars for each currency on CCFp-Diff(v1.03)

How are you guys doing recently by using this strategy?

Kate
Attached Images
  • #1,318
  • Edited 9:02am Mar 31, 2010 8:48am | Edited 9:02am
Quoting Ronald Raygun
My run finally crashed with a series of 5 consecutive 100 pip stopouts.

I had a look at the charts again, and noticed something else, the pairs seemed more likely to reverse at the cross, not when they are stronger/weaker than each other.

Some analysis of the losing trades show that they didn't have a chance of breaking the 30 pip move to breakeven, so the solution thus far is to tighten the stop, trade on the cross, and aim for smaller profits.

This next run has a 10 pip TP with a move to breakeven + 1 and trailing stop at 6 pips with an...
Hey Ronald,
I have to agree with you on using the cross as a better spot to trade a reversal. I've put this latest cross EA on all my charts. I'll let you know if it trades or not. I couldn't get your last EA(in this thread ) to trade and yes I changed the lot size from 0. Smiley face was in the corner. With this cross EA when I change the lot size I get a" lot variable not defined error" unless I set lots to 1.0 or more. I'd like to trade .2 lots but it comes up with error when I compile. By the way I'm trading a standard account. Back to strategy. When using the CCFpv1.0.2 indicator this is how I trade it manually- wait for the two currencies to cross or become equal in value to each other at the end of a 4HR candle, initiate a trade with TP at 50,SL at 50 and a BE +5 at +20. Back testing manually with these settings show very few trades that don't at least get to BE +5 with lots of 50 pip winners. So I guess my questions for you are how to get EA to trade, how to change lot size without getting errors, does this cross EA wait for the close of candle and what would I have to change in the code to get it to wait for candle close with cross or equal values. thanks much
  • #1,319
  • Mar 31, 2010 11:36am Mar 31, 2010 11:36am
Quoting Toothman
Hey Ronald,
I have to agree with you on using the cross as a better spot to trade a reversal. I've put this latest cross EA on all my charts. I'll let you know if it trades or not. I couldn't get your last EA(in this thread ) to trade and yes I changed the lot size from 0. Smiley face was in the corner. With this cross EA when I change the lot size I get a" lot variable not defined error" unless I set lots to 1.0 or more. I'd like to trade .2 lots but it comes up with error when I compile. By the way I'm trading a standard account. Back to strategy....
Ok,
I'm sure the cross EA isn't trading. I had two crosses on last 4Hr candle (NZD/CHF and EUR/CAD) and EA didn't trade. So don't know what the problem is. Lots set to 1.0 and EA on every chart with smiley faces.
  • #1,320
  • Mar 31, 2010 11:57am Mar 31, 2010 11:57am
Quoting Toothman
Hey Ronald,
I have to agree with you on using the cross as a better spot to trade a reversal. I've put this latest cross EA on all my charts. I'll let you know if it trades or not. I couldn't get your last EA(in this thread ) to trade and yes I changed the lot size from 0. Smiley face was in the corner. With this cross EA when I change the lot size I get a" lot variable not defined error" unless I set lots to 1.0 or more. I'd like to trade .2 lots but it comes up with error when I compile. By the way I'm trading a standard account. Back to strategy....
Wow, just for the record, this EA is over a year old, and I haven't touched it since then. I think stevehopwood has been on top of this trading system more than I have, I suggest you use his EAs.

 

  1. The EA uses CCFp make sure that is in your indicators folder.
  2. Could you post the error message exactly?
  3. Are you sure your broker allows the lot size you're trying to use?
  4. Did you enable money management?

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