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CCFp weekly signals (set and forget basket trading)

  • #81
  • Jan 30, 2017 8:14am Jan 30, 2017 8:14am
Quoting xmess7
{quote} 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...
The weekly signals do not change during the week...It remains the same until the following week when it produces signals for that week.The idea is to enter the basket only once in every week after the virtual basket is positive.This can help avoid large drawdowns and being stopped out quickly at the beginning of the week.Open real orders when virtual basket is positive..I dont know if its a dumb idea or makes sense..It just an idea that we need to brainstorm for possibilities..It doesnt hurt to make this strategy even better than it is does it?
Goal of a successful trader is to make the best trades. Money is secondary
  • #82
  • Jan 30, 2017 8:19am Jan 30, 2017 8:19am
Quoting Forexpinbar
Basket closed for a loss SL=200pips has been hit...Wont open any more trades until next week. {image}
 
Another idea... As you can see all the majors loss is for GBP. Maybe its good if we have several signals for just one currency .... We must not open all of them. Maybe we shouldn't give more than 25 percent of trade numbers to one currency . 
  • #83
  • Jan 30, 2017 8:24am Jan 30, 2017 8:24am
I can't help it. Like I said this EA has the potential to become virtually a non losing EA.
I am going to make a recommendation. Instead of starting at LondonOpen try start at LondonOpen+3hrs. I will try this next week
I did this for another EA, I analyzed the "bad" days and discovered that there are times that are more favorable to start trading.
It's not perfect but the stats show me that you have about a 90% probability that starting around that hour that you end up with favorable trades.
So I will try this hour next week. Well just today after I fixed the EA, it was around 4hrs after the london open. I reopened the EA and it executed new trades and BAM the basket is in profit. Once I get more data of the "bad" weeks, I will be able to figure out when to start the basket, how far down to go before closing the basket (before -200 pips) and if possible close it at BE. I will implement this into the EA.

All is great
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #84
  • Jan 30, 2017 8:25am Jan 30, 2017 8:25am
Quoting Forexpinbar
{quote} The weekly signals do not change during the week...It remains the same until the following week when it produces signals for that week.The idea is to enter the basket only once in every week after the virtual basket is positive.This can help avoid large drawdowns and being stopped out quickly at the beginning of the week.Open real orders when virtual basket is positive..I dont know if its a dumb idea or makes sense..It just an idea that we need to brainstorm for possibilities..It doesnt hurt to make this strategy even better than it is does...
 
I was watching the basket today. At the beginning it was in profit...for almost 4 pips. Then it went down. If we wait to come up for a specific amount of pips ..we will lose them...
  • #85
  • Jan 30, 2017 8:33am Jan 30, 2017 8:33am
Quoting xmess7
I can't help it. Like I said this EA has the potential to become virtually a non losing EA. I am going to make a recommendation. Instead of starting at LondonOpen try start at LondonOpen+3hrs. I will try this next week I did this for another EA, I analyzed the "bad" days and discovered that there are times that are more favorable to start trading. It's not perfect but the stats show me that you have about a 90% probability that starting around that hour that you end up with favorable trades. So I will try this hour next week. Well just today after...
Makes sense...What is the status of your basket positions now..Can you post screenshot?
Goal of a successful trader is to make the best trades. Money is secondary
  • #86
  • Jan 30, 2017 11:21am Jan 30, 2017 11:21am
Quoting Forexpinbar
{quote} Makes sense...What is the status of your basket positions now..Can you post screenshot?
yep here you go. the ea did its job. stop was at -200 pips. The $ loss confirms the pip loss. so it is detecting the correct pip totals.
Now the ea will wait till next week next london open to place new trades.
Attached Image (click to enlarge)
Click to Enlarge Name: ccfp.jpg Size: 122 KB
Our AWESOME IMAGINATION is the true holy grail!
  • #87
  • Jan 30, 2017 11:52am Jan 30, 2017 11:52am
Forexpinbar...Thanks for the nice thread. Look forward to following along.

xmess7...you too on the work for the EA. I find it throwing an order send error on my platform. I have pair suffixes on my broker so wondering if EA needs to have that option on parameters.
Thanks,
  • #88
  • Jan 30, 2017 12:30pm Jan 30, 2017 12:30pm
My chart don't look like Yours, xmess7...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1.png Size: 30 KB
  • #89
  • Jan 30, 2017 1:27pm Jan 30, 2017 1:27pm
Quoting RoyPK
{quote} Hi Hollowhead, You can set this EA only in dollar amounts of expected Gross Profit and maximum limit of Gross Loss. And the EA will close the entire basket of trade when it reaches whichever is first- either Profit or Loss. Regards, Roy
Thanks Roy
  • #90
  • Jan 30, 2017 1:44pm Jan 30, 2017 1:44pm
Hi xmess7,

I have this problem with the windows: all parameters are 0. I don't understand why.

What do you think about the problem?

Thank you
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 201 KB
  • #91
  • Jan 30, 2017 3:45pm Jan 30, 2017 3:45pm
Quoting toscano
Hi xmess7, I have this problem with the windows: all parameters are 0. I don't understand why. What do you think about the problem? Thank you {image}
toscano:
Hi, make sure you have downloaded the latest version. I will have to use your broker, FXDD, to duplicate the error.
Error 129 means invalid price. that means that the EA is either using the ASK price to SELL or that it is using the BID price
to BUY. I don't think this is the case cause I made sure that the EA would take care of this.

I'll set it up when I get home and see why it is generating the error. I may be sending u a script that uses the exact same buy sell codeso we can also test it on your broker.
For now re-download the file and also go to your history TAB and make sure u are showing at the least history for this week.
typically the histroy shows ALL dates but something you or some other program can change it to less and that can cause this EA
to only read less history so u see 0's.
Our AWESOME IMAGINATION is the true holy grail!
  • #92
  • Jan 30, 2017 3:46pm Jan 30, 2017 3:46pm
Quoting bazze
My chart don't look like Yours, xmess7... {image}
bazze make sure u have downloaded the latest file. What you are showing me is what the previous version would do .
So re-download the file and let me know if you still have the problem.
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #93
  • Jan 30, 2017 3:51pm Jan 30, 2017 3:51pm
Quoting spyderman
Forexpinbar...Thanks for the nice thread. Look forward to following along. xmess7...you too on the work for the EA. I find it throwing an order send error on my platform. I have pair suffixes on my broker so wondering if EA needs to have that option on parameters. Thanks,
Mr Spyderman, hi, I've seen your threads and posts, it's good to finally meet or chat or whatever LOL.
You are right I didn't take care of the possible different suffixes that each broker may have. I assumed that the CCFP indicator would display the pairs with their suffixes. The EA gets the names of the symbols and direction from the list that the CCFP indicator generates on the chart. Like I said I assumed that the CCFP indicator would show the symbol with it's prefix and all. Let me know if that is not the case and I will add the code to make it so.
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #94
  • Jan 30, 2017 3:52pm Jan 30, 2017 3:52pm
Quoting xmess7
{quote} bazze make sure u have downloaded the latest file. What you are showing me is what the previous version would do . So re-download the file and let me know if you still have the problem. Jess
Thanks, now it looks just like Yours...
  • #95
  • Jan 30, 2017 3:52pm Jan 30, 2017 3:52pm
Quoting spyderman
Forexpinbar...Thanks for the nice thread. Look forward to following along. xmess7...you too on the work for the EA. I find it throwing an order send error on my platform. I have pair suffixes on my broker so wondering if EA needs to have that option on parameters. Thanks,
BTW what is the error code and please show the EXPERTS TAB. As you know that can really help show what the exact error is.
Thnx
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #96
  • Jan 30, 2017 4:02pm Jan 30, 2017 4:02pm
First of all sorry because English is not my native language and what you see is translated by google translate.
My idea is that the indicator tells us which coins to play this week, not when playing them so I combine them with a dashboard, which includes three macd, two slow and one fast, on Monday after one hour after opening londres I connect it Only with the pairs that the indicator gives me and I hope this gives me the signal to open them the forex is a fractal movement and after a rise can come a correction and that is what has happened today, and if we enter too fast, It will work for us including the dash for who wants to try what I say. I do not try to vary the system just to add a different point of view.
Attached File(s)
File Type: ex4 botones grande + macd2H1.ex4   148 KB | 954 downloads
  • #97
  • Edited 9:42pm Jan 30, 2017 4:47pm | Edited 9:42pm
Folks, NEW UPDATE. Saw some minor things and fixed them.
Please download an use this version. Even though the previous version is working it may encounter problems when determining weekly profit stop.

Thnx
Jess

EDIT:
updated this to latest version 3
Attached File(s)
File Type: ex4 xm7_Ccfp_Wkly_TradeMonitor_v3.ex4   39 KB | 1,124 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #98
  • Jan 30, 2017 7:03pm Jan 30, 2017 7:03pm
Quoting xmess7
{quote} Mr Spyderman, hi, I've seen your threads and posts, it's good to finally meet or chat or whatever LOL. You are right I didn't take care of the possible different suffixes that each broker may have. I assumed that the CCFP indicator would display the pairs with their suffixes. The EA gets the names of the symbols and direction from the list that the CCFP indicator generates on the chart. Like I said I assumed that the CCFP indicator would show the symbol with it's prefix and all. Let me know if that is not the case and I will add the code...

The CCFP is not adding the suffixes. It's just listing the pair without suffix so I guess the EA is picking up from that. I could modify the indicator or EA (probably) myself but don't have the source code for either.
I can't recreate the error code now because we are on Tuesday now and EA is not attempting to place orders.
  • #99
  • Jan 30, 2017 7:25pm Jan 30, 2017 7:25pm
Following your work,. Thanks and
Regards
  • #100
  • Jan 30, 2017 7:42pm Jan 30, 2017 7:42pm
Quoting Forexpinbar
{quote} Makes sense...What is the status of your basket positions now..Can you post screenshot?
Hi Forexpinbar
Interesting concept you have here.
As all would have noticed the trades of yesterday went the wrong way. I have another heat map indicator which showed the trades going in the correct direction. I am wondering if the indicator CCFp Diff is set for the OPENING of trade on a Monday which is 11 hrs before London open. It appeared to have it's mind set at that time & did not change for the London Open. Perhaps Xmess7 can comment on this or perhaps he has fixed the problem already.
Keep up the good work.
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