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CCFp Cluster indicator system

  • #41
  • Jun 19, 2016 10:05am Jun 19, 2016 10:05am
Quoting redwed
{quote} You can refer to this thread. As you can see, the thread has too many posts. The problem lies with the R:R. The tp is 10% ADR and 40% ADR as sl. It's okay if you took the very first signal. You maybe found some trouble if you get in late. Trading with CCFp and CC also can be quite rewarding. You can reach my posts in Trading system using relative strength. Currently i'm working on my dashboard of Currencies strength/weakness....
Ok, no problem. In your post you said "Attached is another EA..." but I think what you mean't to say was Attached is another EA Backtest.
Everything will be okay in the end. If it's not okay, it's not the end.
  • #42
  • Jun 19, 2016 10:46am Jun 19, 2016 10:46am
Quoting theras2000
{quote} Ok, no problem. In your post you said "Attached is another EA..." but I think what you mean't to say was Attached is another EA Backtest.
Sorry for the confusion. The ea used is Dashboard - Currency MeterV3. And it is automated. I forward tested it. We can't backtest this kind of ea (that populate data from all 28 pairs).

Here is another example of successful trade using Dashboard - CUrrency Meter v3.

Attached Image (click to enlarge)
Click to Enlarge Name: alpari2.png Size: 81 KB


The ea works when one currency is stronger/weaker than another one. If you knew CSDash, Currency Strength Giraia, USM by FerruFX, you will get the same result i guess. It is based on those readings.

CCFP, CC are different in terms of its algorithm.

With CCFp/CC, i already stressed out my successful trades that can be seen in my posts in this thread starting from page 125.

Currently, i'm working on another project (not CCFp, CC, CSDash/ FFX USM) to calculate currency strength with different algorithm.

In the end, we need to define: how ranging market will kill all your wins before this.
  • #43
  • Jun 19, 2016 2:36pm Jun 19, 2016 2:36pm
Quoting redwed
{quote} Sorry for the confusion. The ea used is Dashboard - Currency MeterV3. And it is automated. I forward tested it. We can't backtest this kind of ea (that populate data from all 28 pairs). Here is another example of successful trade using Dashboard - CUrrency Meter v3. {image} The ea works when one currency is stronger/weaker than another one. If you knew CSDash, Currency Strength Giraia, USM by FerruFX, you will get the same result i guess. It is based on those readings. CCFP, CC are different in terms of its algorithm. With CCFp/CC, i already...
Thanks for clearing that up.
I take your point regarding ranging markets. A while ago I vaguely remember writing an EA which wasn't very profitable in long term backtesting but there was improvement when I added an ATR filter. When an ATR average line crossed over and above the ATR line it indicated increasing volatility and the EA would only take trades when that had occured.
Everything will be okay in the end. If it's not okay, it's not the end.
  • #44
  • Jun 19, 2016 3:05pm Jun 19, 2016 3:05pm
Quoting redwed
{quote} Are you still open for suggestions? Can we chat about the exit criteria?
Hi Redwed
Yes absolutely. I like to have suggestions. We can chat.
  • #45
  • Jun 19, 2016 5:22pm Jun 19, 2016 5:22pm
Quoting theras2000
{quote} Thanks for clearing that up. I take your point regarding ranging markets. A while ago I vaguely remember writing an EA which wasn't very profitable in long term backtesting but there was improvement when I added an ATR filter. When an ATR average line crossed over and above the ATR line it indicated increasing volatility and the EA would only take trades when that had occured.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.png Size: 101 KB


All my favorite indicators in action. They all have different algorithm, so we need to tackle what is the weakness/strength in each indicator/algorithm involved.

About ATR filter. I concur with your opinion. I also tried applying standard deviation indicator (as it being used widely in bollinger bands). But i don't really like the idea using both of them. Calculation used by PSA - Pair Strength Analyzer probably the best in determining which pair is moving fast/slow. Putting it on m1 chart will definitely slow down my old pc very well.

Try PSA, and you'll find why.

Right now, i'm doing some forward test with all the signals from USM FerruFx, CSDash, and my own indicator. I left out CCFp-Diff and CC-Diff for the time being.
  • #46
  • Edited 9:24pm Jul 19, 2016 6:12pm | Edited 9:24pm
i removed the ugly and useless monitor and added another one to the chart window.
e.g. USD: the green + or red -- in front of USD means the difference between candle 0-1 is bigger than the difference between 1-2 (+), all in all "+" means a positive trend acceleration in buy or sell direction doesnt matter and "--" a slowdown.
the -- or ++ behind USD shows the trend if the actual candle is under the previous one (-) or not (+) and the number is the difference *1000 betweend the 2 candles.
(variable xx(0) means the actual candle and yy(1) one candle back, the green and red +,- use the bars xx+1 and yy+1)

i use 4 different parameters/charts for the long and short term trends. i dont like the strenght meters because you cant see the past. its like trading without a chart, only with the price.
Attached Image (click to enlarge)
Click to Enlarge Name: hg.PNG Size: 99 KB
Attached File(s)
File Type: mq4 CCFp 3.1.mq4   72 KB | 1,978 downloads
  • #47
  • Jul 19, 2016 9:25pm Jul 19, 2016 9:25pm
Quoting mambomango
i removed the ugly and useless monitor and added another one to the chart window. e.g. USD: the green + or red -- in front of USD means the difference between candle 0-1 is bigger than the difference between 1-2 (+), all in all "+" means a positive trend acceleration in buy or sell direction doesnt matter and "--" a slowdown. the -- or ++ behind USD shows the trend if the actual candle is under the previous one (-) or not (+) and the number is the difference *1000 betweend the 2 candles. (variable xx(0) means the actual candle and yy(1) one candle...
redownload the indi, there was an error in the code.
  • #48
  • Edited 11:52am Jul 21, 2016 9:08am | Edited 11:52am
Quoting mambomango
i removed the ugly and useless monitor and added another one to the chart window. e.g. USD: the green + or red -- in front of USD means the difference between candle 0-1 is bigger than the difference between 1-2 (+), all in all "+" means a positive trend acceleration in buy or sell direction doesnt matter and "--" a slowdown. the -- or ++ behind USD shows the trend if the actual candle is under the previous one (-) or not (+) and the number is the difference *1000 betweend the 2 candles. (variable xx(0) means the actual candle and yy(1) one candle...
Hi! Great Job! Is it possible to plot in a graph the difference *1000 betweend the 2 candles? .....it could be great
Tnx u...and have a nice day
  • #49
  • Jul 21, 2016 4:51pm Jul 21, 2016 4:51pm
Quoting metatsock
{quote} Hi! Great Job! Is it possible to plot in a graph the difference *1000 betweend the 2 candles? .....it could be great Tnx u...and have a nice day
thank you, this is exactly the CCfp graph, it plots a graph between the values of the 2 candles. *1000 is just to eliminate the decimal places for a better view.
now you can turn the panel off and change the position.
Attached File(s)
File Type: mq4 CCFp 3.2.mq4   73 KB | 1,733 downloads
  • #50
  • Jul 22, 2016 5:29am Jul 22, 2016 5:29am
Quoting mambomango
{quote} thank you, this is exactly the CCfp graph, it plots a graph between the values of the 2 candles. *1000 is just to eliminate the decimal places for a better view. now you can turn the panel off and change the position. {file}
Tnx for new release! But i'd like to plot the value in the table....
Attached Image (click to enlarge)
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  • #51
  • Jul 22, 2016 10:00pm Jul 22, 2016 10:00pm
Quoting metatsock
{quote} Tnx for new release! But i'd like to plot the value in the table.... {image}
i doubt its possible to change the buffer values in the indicator window.
  • #52
  • Jul 25, 2016 11:05pm Jul 25, 2016 11:05pm
Is there a way to find out which currency gained the most and which currency lost the most within a 15min candle?
  • #53
  • Aug 9, 2016 2:02am Aug 9, 2016 2:02am
I am trying to find a strongest and weakest currency within a certain timeframe candle, for this instance 15min candle.
Looking into the 15 x 1 min candles, GBP gained compared to AUD lossed. However on actual price chart GBPAUD was a bearish candle.
What am I missing? Or can someone knows of a better indicator to assist in finding the strongest and weakest currency within a candle?
Thanks.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Indicator.png Size: 45 KB
Click to Enlarge Name: Indicator2.png Size: 34 KB
  • #54
  • Sep 8, 2016 5:20pm Sep 8, 2016 5:20pm
Quoting Transarm
I am trying to find a strongest and weakest currency within a certain timeframe candle, for this instance 15min candle. Looking into the 15 x 1 min candles, GBP gained compared to AUD lossed. However on actual price chart GBPAUD was a bearish candle. What am I missing? Or can someone knows of a better indicator to assist in finding the strongest and weakest currency within a candle? Thanks. {image} {image}
it measures all GBP and AUD pairs not only GBPAUD and you should use showonlysymbolonchart= true.
measuring all currencies is to detect strong moving pairs and its very important to use the right parameters for every time frame.
Attached Image (click to enlarge)
Click to Enlarge Name: cccc.PNG Size: 59 KB
Attached File(s)
File Type: mq4 CCFp 3.4.mq4   73 KB | 2,438 downloads
  • #55
  • Sep 8, 2016 5:27pm Sep 8, 2016 5:27pm
Quoting Transarm
Is there a way to find out which currency gained the most and which currency lost the most within a 15min candle?
just look at the panel values the higher the stronger or weaker. the red - or green + means decreasing or increasing momentum.
  • #56
  • Sep 9, 2016 4:06am Sep 9, 2016 4:06am
If this excellent indicator is used with ATR then you will have the best of both worlds.
The largest ATR of the currency pairs give best opportunities and this indicator refines the choices.
VERY well done.
George
Quoting mambomango
{quote} just look at the panel values the higher the stronger or weaker. the red - or green + means decreasing or increasing momentum.
  • #57
  • Sep 9, 2016 4:10am Sep 9, 2016 4:10am
Quoting Transarm
I am trying to find a strongest and weakest currency within a certain timeframe candle, for this instance 15min candle. Looking into the 15 x 1 min candles, GBP gained compared to AUD lossed. However on actual price chart GBPAUD was a bearish candle. What am I missing? Or can someone knows of a better indicator to assist in finding the strongest and weakest currency within a candle? Thanks. {image} {image}
it lags
  • #58
  • Sep 9, 2016 4:34am Sep 9, 2016 4:34am
Quoting Vx7
{quote} Based on the CCFp idea, I created a EA system and tested it on a demo account. The result is about 30% return in one day. Please see the attached transactions. {file}
It is posible share and test the EA ?
thanks
  • #59
  • Sep 9, 2016 11:26am Sep 9, 2016 11:26am
Quoting fibo38
{quote} It is posible share and test the EA ? thanks
I'm sure that if it continued to give mega results per day then the creator would sell it - but I hope he would PM you to contact him to tell you that. 30% in a week/month would be good never mind 30% a day
George
  • #60
  • Sep 13, 2016 5:46pm Sep 13, 2016 5:46pm
This thread still alive... haha?
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