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Basket Trading EA

  • #13,441
  • Jan 6, 2016 7:31pm Jan 6, 2016 7:31pm
Quoting Murysco
{quote} The strategy takes profit at the opposite line of the CCI. Yes, all the four settings running on the strategy are on the losing side right now. As i have mentioned on my first week of the test, Setting 2 that has been having the highest winning, is also exposed to have the highest loss among all the 4 settings when a bad day comes. Setting 1 has been consistent on winnings too, though not as much as that of setting 2 but it gives an average of 100+ pips per day from the past 6 testing days and it is safer for a bad day like this cos it has...
Here are the updates of today's trades with the 4 different settings. They all got worse at the end of the day but setting 1 seems the safest on bad days as i have said earlier cos it has the lowest amount of loss.

Setting 1

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Setting 2

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Setting 3

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Setting 4

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MM.
Patience, Persistence and discipline = Holy Grail.
FUNDED FEEDER All Time Profit: $104
  • #13,442
  • Jan 6, 2016 8:15pm Jan 6, 2016 8:15pm
Quoting Murysco
{quote} Hello JPY99, You don't need to apologise as no offense was taken. I will try to answer your questions. 1. I use regular charts and not Renko charts. 2. I trade on H1 charts. 3. The first week test was a 4 days continuous run but my recent posts have been daily tests due to some reasons i had to break them. 4. I have never stopped any Casino run due to any news as i would like to know the effect it would give as we are still running tests. 5. The TP is inbuilt in the CCI_CYCLE_I.D to take profit when the opposite CCI line is hit and after...
Thanks Murysco for your reply. Much appreciated.
Duh! on #6 Equity Lock. I knew that already. Dumb moment on my part lol.
  • #13,443
  • Edited 10:38pm Jan 6, 2016 9:10pm | Edited 10:38pm
Quoting Murysco
{quote} Here are the updates of today's trades with the 4 different settings. They all got worse at the end of the day but setting 1 seems the safest on bad days as i have said earlier cos it has the lowest amount of loss. Setting 1 {image} Setting 2 {image} Setting 3 {image} Setting 4 {image} MM.
How to avoid bad days? Is there any way EA can stop trading on bad days just looking back 50 or 100 candle? or any other means?
  • #13,444
  • Jan 6, 2016 9:56pm Jan 6, 2016 9:56pm
Quoting Murysco
{quote} I have not tampered with the LOOK BACK setting before and i think it is something to work on. Henceforth, we will need to look at every chart to see what the CCI lines look like. If there is anyone that looks too tight, then we'll adjust them to fit what it should look like normally. This is what they should look like normally. {image} But today, majority of them looked like this; {image} Which i think contributes to the bad trades we all had in testing this strategy today. Seller9, please correct me where i'm wrong. I only try to express...
Murysco, while we are targeting on CCI look_back, i am wondering if you never thought it is matter of Cycle ID repaint? this indy will always repaint.
  • #13,445
  • Jan 6, 2016 10:23pm Jan 6, 2016 10:23pm
Quoting radadiya
{quote} How to avoid bad days? Is there any way EA can stop trading on bad days just looking back 50 or 100 candle?
LOL. Bad days cannot be avoided in the market as we never can predict what is going to happen today. But if you have a system that has been giving you consistent wins for a week, then having one or two losing days should not matter. But we can only try to minimise our losses.

MM.
Patience, Persistence and discipline = Holy Grail.
FUNDED FEEDER All Time Profit: $104
  • #13,446
  • Jan 6, 2016 10:29pm Jan 6, 2016 10:29pm
Quoting fallenleaf
{quote} Murysco, while we are targeting on CCI look_back, i am wondering if you never thought it is matter of Cycle ID repaint? this indy will always repaint.
Our entry signal is not based on Cycle ID alone. It is based on combination of 3 indies (CCI, Semafor direction and the Cycle ID).

Don't forget the consistent good results that have been posted several times by various traders on this system. It is this same combination that provided the signals. Losing days are part of trading, it happens.

Regards MM.
Patience, Persistence and discipline = Holy Grail.
FUNDED FEEDER All Time Profit: $104
  • #13,447
  • Jan 7, 2016 2:00am Jan 7, 2016 2:00am
Quoting Murysco
{quote} Hello Tengleng, You are right that TraderJoe proposed it this way but Seller9 did not do it that way. I have also requested in the past if it can be done so. Check post 13,253 for confirmation from Seller9. MM.
​Thanks Murysco,

Teng
  • #13,448
  • Jan 7, 2016 3:15am Jan 7, 2016 3:15am
Quoting Murysco
{quote} Our entry signal is not based on Cycle ID alone. It is based on combination of 3 indies (CCI, Semafor direction and the Cycle ID). Don't forget the consistent good results that have been posted several times by various traders on this system. It is this same combination that provided the signals. Losing days are part of trading, it happens. Regards MM.
Hi,
It seems today is a good day. Using CCI Cycle with 50 candle look back setting : see the following results in screen shot.
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  • #13,449
  • Jan 7, 2016 5:26am Jan 7, 2016 5:26am
Does anyone have traded the Magic 8 only ?
  • #13,450
  • Edited 8:06am Jan 7, 2016 6:49am | Edited 8:06am
Quoting radadiya
{quote} Hi, It seems today is a good day. Using CCI Cycle with 50 candle look back setting : see the following results in screen shot. {image}
Good result.

A few questions please.

1.Did you set LOOK BACK 50 for all the pairs or to the ones that need to be changed?

2. It appears you didn't use the ATR SL. May i ask what means of SL did you use?

MM.
Patience, Persistence and discipline = Holy Grail.
FUNDED FEEDER All Time Profit: $104
  • #13,451
  • Jan 7, 2016 8:34am Jan 7, 2016 8:34am
Quoting radadiya
{quote} Hi, It seems today is a good day. Using CCI Cycle with 50 candle look back setting : see the following results in screen shot. {image}

And can you maybe tell us what your pin 1 and pin2 are Thanks. And thanks M. for the contributions!
  • #13,452
  • Jan 7, 2016 10:49am Jan 7, 2016 10:49am
Hello all,

My tests are still running and today seems a good day as they are all recovering from yesterday's massive losses.

The Setting 4, CCI_CYCLE without semafor with ATR TP really amased me with its quick recovery rate. During Tokyo session, it reached a DD of -822pips, almost blowing out the $1,000 account and right now, it has recovered all the loss and now in profit between LO and now (almost 900pips). It has the same setting as setting 2 except for the TP which uses ATR and seems to be a better option for taking profit instead of using the opposite CCI trigger.

Attached Image (click to enlarge)
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The setting 1, which has always been the safest, most consistent, most conservative and always the lowest DD, went as low as -494pips DD and now has covered 170pips and still running.

Attached Image (click to enlarge)
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Setting 3 is the same as setting 1 except for the TP which uses the ATR and seems to be more effective as it has a little lower DD and has covered a lot more losses than setting 1. Though still in loss at the moment but it covered about 250pips today.

Attached Image (click to enlarge)
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Lastly, our usual winner, setting 2, which i have always said is risky for a bad day, went to 30pips away from blowing the $1,000 account (-970pips). Now covered over 450pips and still running.

Attached Image (click to enlarge)
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I didn't change the LOOK BACK setting on the CCI CYCLE as i wanted to be sure if that was the cause of yesterday's losses. They still remain 25.

MM.
Patience, Persistence and discipline = Holy Grail.
FUNDED FEEDER All Time Profit: $104
  • #13,453
  • Edited 11:35am Jan 7, 2016 11:13am | Edited 11:35am
Seller9

Find the SHI indicator attached.

Heiken_Ashi setting :
MaMetod = 2
MaPeriod = 12
MaMetod2 = 2
MaPeriod2 = 4
USE_AS_PIN1_X

Exit TP 20 and SL 100 with the hope it will not hit SL however it did on 3 occasions. The alternative is EXIT with Heiken_Ashi which is only good if the trend continue but with a big drw down if its a few hours before reversal.
Not many trades
The Attached shows my 23 to 30 December 2015.result as at GMT +1
Attached Image (click to enlarge)
Click to Enlarge Name: BE-12-29---15-27.gif Size: 110 KB
Attached File(s)
File Type: mq4 #SHI~.mq4   3 KB | 446 downloads
File Type: ex4 #SHI.ex4   5 KB | 434 downloads
  • #13,454
  • Jan 7, 2016 12:55pm Jan 7, 2016 12:55pm
Quoting Murysco
Hello all, My tests are still running and today seems a good day as they are all recovering from yesterday's massive losses. The Setting 4, CCI_CYCLE without semafor with ATR TP really amased me with its quick recovery rate. During Tokyo session, it reached a DD of -822pips, almost blowing out the $1,000 account and right now, it has recovered all the loss and now in profit between LO and now (almost 900pips). It has the same setting as setting 2 except for the TP which uses ATR and seems to be a better option for taking profit instead of using...
Oga, I m afraid. I want to share the thoughts of Shum. Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: 5WD2.PNG Size: 42 KB


Over 1k pips made still counting just following the trend. Well, I m still learning.

Phemmy
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #13,455
  • Jan 7, 2016 1:59pm Jan 7, 2016 1:59pm
Quoting Opemipo
{quote} Oga, I m afraid. I want to share the thoughts of Shum. Thanks{image} Over 1k pips made still counting just following the trend. Well, I m still learning. Phemmy
Hi, Phemmy

Can you please kindly advice which post can I find Shum's idea? Or can you please briefly share the details of your strategy? Many thanks. Allan

I have been trying to find Shum's posts in this thread. Because the posts already accumulated to 13K+, hard to find which one show the details of Shum's though.
  • #13,456
  • Jan 7, 2016 3:09pm Jan 7, 2016 3:09pm
Quoting allanatnz
{quote} Hi, Phemmy Can you please kindly advice which post can I find Shum's idea? Or can you please briefly share the details of your strategy? Many thanks. Allan I have been trying to find Shum's posts in this thread. Because the posts already accumulated to 13K+, hard to find which one show the details of Shum's though.
Check all his posts here:

http://www.forexfactory.com/shum

Phemmy
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #13,457
  • Edited 6:48pm Jan 7, 2016 6:28pm | Edited 6:48pm
Guys,the reason why yesterday was a bad day, is because there was important news from US.

Be very careful trading during news events, especially every first week of the month. The most dangerous times to trade are during important US news events, like the days that FOMC meetings are given (yesterday) and the first friday of the month (tomorrow) is even more dangerous, because the Non-Farm Payrolls (NFP) and US unemployment rate numbers are revealed (check for example EUR/USD chart for every first friday of the month and see the huge spikes in it) It can turn out to be a good day if you're lucky but these days can turn out very bad for your account if you're fully loaded, markets are so shaky at those days that your stops will be hit easily, also the spreads are widened by all brokers during the time news is released. Even before the news its getting really shaky.

So IF you do want to trade with real money during those 2 days , I always advice to make your bets a lot smaller before/during the news events, and evaluate after when its safe to enter. What you also can do to be more safe, is to put on the InDx and/or HM on these moments.

You will see, when the market calms down, the CCI_CYCLE with SEMAFOR strategy is a good one ! If the numbers are as estimated, markets will normally become at ease pretty soon.

Also some important resistances are broken this week, which makes the market even more rollercoasting.

greetz,
bunne
  • #13,458
  • Jan 7, 2016 7:34pm Jan 7, 2016 7:34pm
Quoting bunne
Guys,the reason why yesterday was a bad day, is because there was important news from US. Be very careful trading during news events, especially every first week of the month. The most dangerous times to trade are during important US news events, like the days that FOMC meetings are given (yesterday) and the first friday of the month (tomorrow) is even more dangerous, because the Non-Farm Payrolls (NFP) and US unemployment rate numbers are revealed (check for example EUR/USD chart for every first friday of the month and see the huge spikes in it)...
Edit: and also the Chinese mess, which crashed my vps, I need a reliable one... anyone else got no vps connection right now?
  • #13,459
  • Jan 8, 2016 12:16am Jan 8, 2016 12:16am
Quoting bunne
{quote} Edit: and also the Chinese mess, which crashed my vps, I need a reliable one... anyone else got no vps connection right now?
Hi Bunne,

I can highly recommend CNS VPS ........ I have been with them for over a year now and they have been great, very highly reliable and have VPS's in the major data centres.

I am currently with in the NYC data centre and my broker IC Markets is "On Net" which gives me between 1-2ms ping time to the trading servers which is very very fast.

Thanks, Matt.
  • #13,460
  • Jan 8, 2016 1:31am Jan 8, 2016 1:31am
Quoting Murysco
Hello all, My tests are still running and today seems a good day as they are all recovering from yesterday's massive losses. The Setting 4, CCI_CYCLE without semafor with ATR TP really amased me with its quick recovery rate. During Tokyo session, it reached a DD of -822pips, almost blowing out the $1,000 account and right now, it has recovered all the loss and now in profit between LO and now (almost 900pips). It has the same setting as setting 2 except for the TP which uses ATR and seems to be a better option for taking profit instead of using...

Damn Bro!

Please keep this awesome reportage up!
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