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Attachments: CCFp weekly signals (set and forget basket trading)
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CCFp weekly signals (set and forget basket trading)

  • #61
  • Jan 30, 2017 2:15am Jan 30, 2017 2:15am
Okay, all orders entered, now I can take the rest of the week off. See you all next Monday. Lol.
One against the many.
  • #62
  • Jan 30, 2017 2:16am Jan 30, 2017 2:16am
Hi All,
I have just checked two different brokers and have come up with different selections...Will check another two brokers out of interest...Intersting.
Ronald
Ronnie Renko
  • #63
  • Jan 30, 2017 2:28am Jan 30, 2017 2:28am
O.k I have checked 3 brokers and have come up with different selections....Is this a lottery ????
R
Ronnie Renko
  • #64
  • Jan 30, 2017 2:30am Jan 30, 2017 2:30am
Folks:
i forgot to mention u have to set the london open hour yer self in the inputs. Make sure the format is ##:##. Otherwise the EA wil get confused. For example on my broker i found that 10:00 is the hour so i enter that in the londonOpen input.
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #65
  • Jan 30, 2017 2:32am Jan 30, 2017 2:32am
Quoting FxSpartan
"I wrote up a very simple Monitor EA". Thanks Xmess7. I placed the EA on chart it opened all the orders for the stated pairs BUT it bought the AudNzd instead of selling.
Thnx I'll look into it tommorrow. I must if forgot to change the command when it found the pair cause when i ran the test the ea clearly saw that sell.
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #66
  • Jan 30, 2017 2:35am Jan 30, 2017 2:35am
Quoting michaelion
Maybe obvious question but possibly not for all... 500pips with digit 5 broker is 50 pips... shouldnt be 5000pips? for 5 digit? and 500 for 4 digit? Pls reply and delete my question to not cause "frustration"... ; )
No problem. All questions are valid. The EA takes care of the 3 and 5 digit stuff. So all u deal u have to input is pips and not points.
Our AWESOME IMAGINATION is the true holy grail!
  • #67
  • Jan 30, 2017 2:36am Jan 30, 2017 2:36am
Quoting Forexpinbar
These are the signals for this week..Still waiting for London to open before I open my basket..Wish you all best of luck. {image}
MY trades not executed... please help ... both the templates were used.... "dash fibo" is running, but during london open trades were not executed

Attached Image (click to enlarge)
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  • #68
  • Jan 30, 2017 2:47am Jan 30, 2017 2:47am
Quoting michaelion
How the system counts pips? TP is 500 and SL is 200, is it for 4 or 5 digit broker? or it does no matter? {quote}

TP is 50 and SL is 20, is it for 4

at the author 5 digit broker
  • #69
  • Jan 30, 2017 3:00am Jan 30, 2017 3:00am
[quote=xmess7;9496628]{quote} No problem. All questions are valid.
 
Just to make sure, TP and SL are for whole basket not for each trade, right ?
Thanks
 
  • #70
  • Jan 30, 2017 6:18am Jan 30, 2017 6:18am
all got close by SL
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  • #71
  • Jan 30, 2017 6:35am Jan 30, 2017 6:35am
Basket closed for a loss SL=200pips has been hit...Wont open any more trades until next week.
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Goal of a successful trader is to make the best trades. Money is secondary
  • #72
  • Jan 30, 2017 7:29am Jan 30, 2017 7:29am
Quoting Tiivaa
all got close by SLScreenshot1.png;2162722 {image}
Same here...Dont open any more trades until next week Monday..I like this method because its capable of collecting a lot of pips at the end of the month and also helps you to avoid overtrading..You can collect about 1000pips every month if you follow the rules of the strategy religiously.Call it the lazy strategy lol.
Goal of a successful trader is to make the best trades. Money is secondary
  • #73
  • Jan 30, 2017 7:38am Jan 30, 2017 7:38am
Quoting xmess7
Awesome approach!!!. I Love long term set and "sort of" forget. Lets say this is more like set/forget/monitor profit . I wrote up a very simple Monitor EA. Just place the EA on the EURUSD M1 along with the CCfp Weekly indicator and select your lotsize and make any adjustments to the stop targets. The defaults are 500 profit, 200 stop. This EA will wait till london open of the first day of week to open trades on the pairs that are indicated on the chart. The EA will stop trading if either of the pip stops get hit. The EA will refresh the...
Thanks for your contribution xmess..Very much appreciated..We will test and report bugs if we find any..Cheers.
Goal of a successful trader is to make the best trades. Money is secondary
  • #74
  • Jan 30, 2017 7:40am Jan 30, 2017 7:40am
Quoting jabhav999
{quote} MY trades not executed... please help ... both the templates were used.... "dash fibo" is running, but during london open trades were not executed ff.PNG;2162374 {image}
You need to enter the trades manually into the Dashboard..The dashboard is not an autotrader..It only helps you to enter your trades and manage them..You need to read more about dashboards..
Goal of a successful trader is to make the best trades. Money is secondary
  • #75
  • Edited 9:43pm Jan 30, 2017 7:48am | Edited 9:43pm
Folks:
I have fixed two bugs. New Update is attached. I also updated my previous post...
1. FxSpartin pointed out that the EA had bought AudNzd instead of selling it. That is now fixed it will sell when it sells and it will buy when it supposed to buy.
2. The EA was looking at the stop profit incorrectly. The EA was looking to stop trading if the week's profit was less than +200 pips... OOPS my bad. LOL. It's fixed.
The EA now looks to stop trading if it hits -200 pips .

If u guys want to try it again. Load this version on to the chart. Hit F3, you will then see a window with what is called GlobalVariables.
Delete the Global Variable "ReachedWeekProfit". SInce it is still Monday and after the LondonOpen hour, the EA will open the trades.

I have it up and running. All pips and percent gains are reported properly. The reason for the higher negative values you see on my chart is due to trades that I had taken earlier with this demo, before I reset it. The Day and Week % gains are what this account reflect since it was reset this week.

This time it works like a charm
Jess

EDIT: updated to version 3
Attached Image (click to enlarge)
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Attached File(s)
File Type: ex4 xm7_Ccfp_Wkly_TradeMonitor_v3.ex4   39 KB | 1,397 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #76
  • Jan 30, 2017 7:50am Jan 30, 2017 7:50am
I have been contemplating on an idea and I would be very glad if you guys share your thoughts on this one..How about every Monday we open a basket with signals produced by the CCFp indicator based on the rules of the strategy but wait till the basket turns positive(profit) and then open another basket with the same signals in a different demo account..So the first demo account will be used to monitor the basket until it turns positive and that would serve as a trigger to open another basket with same signals but in different demo account.So first demo account will be our fake demo account and second one will be our real demo account.I dont know whether its a dumb idea or not that is why I need your suggestions and ideas on this one..together we can make this system even better.
Goal of a successful trader is to make the best trades. Money is secondary
  • #77
  • Jan 30, 2017 7:58am Jan 30, 2017 7:58am
Krapp!! I missed spelled the indicator name in the comments LOL. Oh well if anyone feels it needs to change let me know.
Check it out.. the basket is moving up .

So you want to add another rule? . If it is decided, let me know, I'll modify this EA to conform to that.

This is a great approach Forexpinbar. It is so stress free.

Great profit to all
Jess

PS: just FYI. This EA was created under 15 minutes. The Update took 5 minutes. So just like the author's approach the creation was stress free.
Attached Image (click to enlarge)
Click to Enlarge Name: ccfp.jpg Size: 296 KB
Our AWESOME IMAGINATION is the true holy grail!
  • #78
  • Jan 30, 2017 8:03am Jan 30, 2017 8:03am
[quote=Tiivaa;9496772]
Quoting xmess7
{quote} No problem. All questions are valid. Â Just to make sure, TP and SL are for whole basket not for each trade, right ? Thanks Â
Correct, look at the name of the input, basket_take_profit and basket_stop_profit. The key word being basket .
Our AWESOME IMAGINATION is the true holy grail!
  • #79
  • Jan 30, 2017 8:07am Jan 30, 2017 8:07am
Quoting Forexpinbar
I have been contemplating on an idea and I would be very glad if you guys share your thoughts on this one..How about every Monday we open a basket with signals produced by the CCFp indicator based on the rules of the strategy but wait till the basket turns positive(profit) and then open another basket with the same signals in a different demo account..So the first demo account will be used to monitor the basket until it turns positive and that would serve as a trigger to open another basket with same signals but in different demo account.So first...
Forexpinbar:
As far as the EA is concerned, it would create a virtual basket. Once that virtual basket gets positive then the real orders would be placed.
But u also have to consider what that the results could be different if say the virtual basket gets closed out for -200 pips and then reopened to try again for positive pips.
I am not familiar with the ccfp indicator, will it show different pairs as the week goes on? Or does it pretty much stay with the same pairs during the whole week??
If the ccfp does change pairs then the results would be different cause then your initial list of pairs would now be different...

If you are willing, send me all of your data of all the 3 months. I will conduct an analysis of those weeks when it lost 200 pips, with that analysis I can then determine a strategy that would allow the EA (or anyone for that matter) to get out of the trades with less loss or even break even. You see the key to getting any approach to be successful is not the win ratio or even to some extent the MM, it's all about examining when things go bad. Once u understand how to minimize those "bad" situations you virtual never lose again. This EA has a real potential to become a "never lose it all again" EA

Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #80
  • Jan 30, 2017 8:12am Jan 30, 2017 8:12am
Quoting Forexpinbar
I have been contemplating on an idea and I would be very glad if you guys share your thoughts on this one..How about every Monday we open a basket with signals produced by the CCFp indicator based on the rules of the strategy but wait till the basket turns positive(profit) and then open another basket with the same signals in a different demo account..So the first demo account will be used to monitor the basket until it turns positive and that would serve as a trigger to open another basket with same signals but in different demo account.So first...
 
I guess it would be good if we keep all our 8 trades for this week under watch and at the end of the week we'll find out maybe it is better to change the SL amount. Just an idea.
 
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