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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)

  • #781
  • Feb 23, 2017 11:53am Feb 23, 2017 11:53am
Quoting Elovv
{quote} Test to emty global variables, close the chart with indicator + ea, restart mt4, load a new chart with indicator + ea and test again. I have to uninstall and reinstall my Fxcm demo before it opens all trades.
Thank you Elovv for your answer.

I follow your suggestions but nothing change. Maybe I reinstalled mt4. Can help this?

Thank you.

Leonardo
  • #782
  • Feb 23, 2017 12:09pm Feb 23, 2017 12:09pm
Quoting toscano
Hi guys, great work xmess. I upload version 17 of the EA on the 2 broker of the demo account. In one FXDD (GMT+2) is ok: the basket has opened and lost 200 pips. Automatically basket closed. The second FXCM (GMT hour) don't opened nothing. I have tried to uninstall and reinstall the indicator and EA. But nothing happened. Can somebody help me? Thank you. Leonardo
I got the same issue with FXCM ( didn't open any trade with any EA ) and FXDD ( opened the trade with EA V17 ).
  • #783
  • Feb 23, 2017 12:42pm Feb 23, 2017 12:42pm
Quoting toscano
{quote} Thank you Elovv for your answer. I follow your suggestions but nothing change. Maybe I reinstalled mt4. Can help this? Thank you. Leonardo
Helped for me....before I unistall the ea open trade 2-16, not trade 1. I uninstalled and installed Fxcm demo, works perfect after my knew installation. I use Fxcm demo becauseI have a live Fxcm Uk account.
If there will be problems with Fxcm I will trade this with another Brookers demo and use https://www.fxblue.com/appstore/2/mt...l-trade-copier
Fxblue tradecopier works perfect, I have used it for a long time for placing trades from demo to live account.
  • #784
  • Feb 23, 2017 1:03pm Feb 23, 2017 1:03pm
Quoting xmess7
{quote} Next version I will have that and also the max/min pips for the week and some other requests.. For now, just check and see if the EA hit the lock. Of course you would have to wait and see the basket go beyond the startLock point and then see when the basket closes that the last pipcount display is close to the profitlock..
Is it possible to add when the max/min pips for the week is? Than maybee it can help us to when start the basket (if not max is before min )
  • #785
  • Feb 23, 2017 1:22pm Feb 23, 2017 1:22pm
Quoting countpips
{quote} Yes, I bought Tuesday London open at 8:00 and sold at 7:00am (386 pips) Wednesday London open at 8:30 and sold at 7:00am (89 pips) and Thursday London open at 8:30 and sold at 7:00am this morning (37 pips). I used the weekly strength. I'm hoping that whoever has the best strategy that they can demonstrate over a period of time, say 3 months of forward testing, will publish it.
So you're buying and holding for one day, three days in a row, if I understand you. Each day the same pairs?

Of course, we can't draw conclusions based on one or a few weeks results, but we can experiment with the holding periods and entry times so we can get better results. Looks like your method worked well for this week.
  • #786
  • Feb 23, 2017 1:22pm Feb 23, 2017 1:22pm
Quoting Elovv
{quote} Is it possible to add when the max/min pips for the week is? Than maybee it can help us to when start the basket (if not max is before min )
Optional: a logfile for max/min pips for the hole week....than we can see if there is any tme for open/close the basket that always gives profit
  • #787
  • Feb 23, 2017 1:23pm Feb 23, 2017 1:23pm
Hei did the expert opend some trades doday for sombody
  • #788
  • Feb 23, 2017 1:34pm Feb 23, 2017 1:34pm
I am not quite happy the direction in which this thread is moving in the recent days..Why?Because people keep talking more about EAs other than ways to improve the strategy such as entry times and exit times...Eventhough the original strategy has proven to be profitable we still need improve it and make i even better....Lets not forget that this thread was opened to share ideas and improve the strategy to even make it better...We all need to put our heads together and brainstorm on the optimal times for entries , exits , money management etc..We should always strive for excellence....Stay green .
Goal of a successful trader is to make the best trades. Money is secondary
  • #789
  • Feb 23, 2017 1:37pm Feb 23, 2017 1:37pm
Is it possible to backtest this strategy for optimal settings and then forward test and compare results?If its possible , how can it be done?Please share your ideas and suggestions..Thank you.
Goal of a successful trader is to make the best trades. Money is secondary
  • #790
  • Feb 23, 2017 1:37pm Feb 23, 2017 1:37pm
Quoting Merlyn
{quote} Pressing the BRB elicits no response from either Experts or Journal log, if that was what you meant. I have noticed though that when I click on the BRB it goes from dull red to bright red back to dull red, is that a correct sequence?
Here we go.! Thisworked
Case in point Merlyn, do ya see all the back and forth we went thru wirh this little ole button lol. I know... this serves me as good education...
Attached File(s)
File Type: ex4 xm7_Ccfp_Wkly_TradeMonitor_v17.ex4   52 KB | 603 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #791
  • Feb 23, 2017 1:46pm Feb 23, 2017 1:46pm
Quoting Forexpinbar
Is it possible to backtest this strategy for optimal settings and then forward test and compare results?If its possible , how can it be done?Please share your ideas and suggestions..Thank you.
Maybe with a logfile for max/min pips for the hole week....than we can see if there is any time for open/close the basket that always gives profit
  • #792
  • Feb 23, 2017 1:47pm Feb 23, 2017 1:47pm
Quoting Forexpinbar
I am not quite happy the direction in which this thread is moving in the recent days..Why?Because people keep talking more about EAs other than ways to improve the strategy such as entry times and exit times...Eventhough the original strategy has proven to be profitable we still need improve it and make i even better....Lets not forget that this thread was opened to share ideas and improve the strategy to even make it better...We all need to put our heads together and brainstorm on the optimal times for entries , exits , money management etc..We...

Folks:
Please PM me your EA concerns. I agree with ForexpinBar, the thread should stick to strategy. We just ran into a dryspell and got carried away.
Like I said my intention was to make a very simple EA to a very simple approach, I think version 14 satisfies that LOL. The EA will get fixed no matter what. Someone suggested some sort of App I forget what it was. I am going to check my PMs and find the message to sign up. You can contact me there as well once I have it setup.
Toscano and anyone else. PM me your broker and if you can your server settings. I will open accounts and emulate what you are experiencing.
Our AWESOME IMAGINATION is the true holy grail!
  • #793
  • Feb 23, 2017 1:50pm Feb 23, 2017 1:50pm
Quoting Elovv
{quote} Maybe with a logfile for max/min pips for the hole week....than we can see if there is any time for open/close the basket that always gives profit
Elvov, bro you can't say always you have to think in terms of probability. Lets find the most probable time/pip count that is generated during each week.
Forexpinbar if you have time send me your history data from the time you started the approach. I can crunch the numbers and get some stats that we can start looking. all u got to do is get the history html and zip it up..
Our AWESOME IMAGINATION is the true holy grail!
  • #794
  • Feb 23, 2017 2:19pm Feb 23, 2017 2:19pm
Quoting Forexpinbar
I am not quite happy the direction in which this thread is moving in the recent days..Why?Because people keep talking more about EAs other than ways to improve the strategy such as entry times and exit times...Eventhough the original strategy has proven to be profitable we still need improve it and make i even better....Lets not forget that this thread was opened to share ideas and improve the strategy to even make it better...We all need to put our heads together and brainstorm on the optimal times for entries , exits , money management etc..We...
hello Forexpinbar I understand your concerns, but you must also consider that people like me are all day at work, even the best strategy in the world controlled by the PC, for me it is almost useless; I can not control the indicator, see if I'm hitting the TP or SL, I can only watch the MT4 from my iPad and possibly close my orders. I am convinced that soon the EA will have to stop its development, soon you will see that it is stable, and then we must focus on the tests to verify the best conditions. Today I was writing a memo with the variables to be tested and in what condition, but I left it in the work PC ...
For tests there are many conditions to try and serve the availability of more than a few users, perhaps grouped by topic in small teams, and at least two months.
I hope the google translation has not changed the way of my intentions.
Hello
  • #795
  • Feb 23, 2017 3:17pm Feb 23, 2017 3:17pm
Quoting gilab
{quote} So you're buying and holding for one day, three days in a row, if I understand you. Each day the same pairs? Of course, we can't draw conclusions based on one or a few weeks results, but we can experiment with the holding periods and entry times so we can get better results. Looks like your method worked well for this week.
Yes, I plan on doing the same weekly pairs for each week. I agree that it's to early in the process and that 3 winning days is not enough to prove anything. It would have to be profitable over a period of months, but I think I'll see how it goes for a while, otherwise I'm ready to alter/stop the strategy if it doesn't pan out or someone posts something more interesting.
  • #796
  • Feb 23, 2017 3:40pm Feb 23, 2017 3:40pm
Quoting Forexpinbar
Is it possible to backtest this strategy for optimal settings and then forward test and compare results?If its possible , how can it be done?Please share your ideas and suggestions..Thank you.
yes it is possible. What I would do is capture the CCFP diff symbols for each week for say the last 6 months or whatever period u desire. I would place those values in a file. Then setup the EA to start at the time that the file has and then from then on just read for each new week the trades that are recorded in the file. Hec I think that can even be done without the file. From what I recall seeing in the source that was posted I think I saw that you can designate how far back you want the indicator to go in time. So it can read previous CCFP suggestions.

Peace
J
Our AWESOME IMAGINATION is the true holy grail!
  • #797
  • Feb 23, 2017 6:02pm Feb 23, 2017 6:02pm
Hei did the expert opend some trades doday. for sombody??????????
  • #798
  • Feb 24, 2017 12:51am Feb 24, 2017 12:51am
Quoting xmess7
{quote} yes it is possible. What I would do is capture the CCFP diff symbols for each week for say the last 6 months or whatever period u desire. I would place those values in a file. Then setup the EA to start at the time that the file has and then from then on just read for each new week the trades that are recorded in the file. Hec I think that can even be done without the file. From what I recall seeing in the source that was posted I think I saw that you can designate how far back you want the indicator to go in time. So it can read previous...
Please do and share results.Thank you.
Goal of a successful trader is to make the best trades. Money is secondary
  • #799
  • Edited 1:14am Feb 24, 2017 12:58am | Edited 1:14am
Quoting xmess7
{quote} Folks: Please PM me your EA concerns. I agree with ForexpinBar, the thread should stick to strategy. We just ran into a dryspell and got carried away. Like I said my intention was to make a very simple EA to a very simple approach, I think version 14 satisfies that LOL. The EA will get fixed no matter what. Someone suggested some sort of App I forget what it was. I am going to check my PMs and find the message to sign up. You can contact me there as well once I have it setup. Toscano and anyone else. PM me your broker and if you can your...
Hi Xmess I dont have a problem with people posting EA concerns and suggestions here on the thread..What I am saying is that amidst posting of EA concerns and suggestions we should share ideas about improving the strategy..How to optimize the strategy to get better results..So I dont mind anyone posting EA concerns here....You can continue posting EA concerns here but please share your ideas and suggestions as to how to improve and optimise this strategy to become even more profitable than it seems to be now.You probably misunderstood me.Thank you all..
Goal of a successful trader is to make the best trades. Money is secondary
  • #800
  • Edited 1:38am Feb 24, 2017 1:18am | Edited 1:38am
Quoting Forexpinbar
I am not quite happy the direction in which this thread is moving in the recent days..Why?Because people keep talking more about EAs other than ways to improve the strategy such as entry times and exit times ... Even Though the original strategy has proven to be profitable we still need improve it and make i even better....Lets not forget that this thread was opened to share ideas and improve the strategy to even make it better...We all need to put our heads together and brainstorm on the optimal times for entries , exits , money management etc..We...
Dear All
The matter to enhance this work is to review its approach. The indicator is a trend follower which is a good one but ...
We have two factors that are against the trend : Market news and Market makers.

  1. Any market news that are against the trend will affect it by weakening it and maybe will reverse it ...
  2. Market makers tries to maximise their positions by extending the sell side or buy side before reversing and make the trend direction ...

For the two above reasons we may get negative fluctuation for our pips and some troubles which may affect our SL and may close the basket trade specially if the SL was set to 200 pips . ( We have 16 pair so the average to each pair is 12.5 PIP. You may have a drawdown in a pair more than another one and you may have pair positive while another one is negative) Noting that market makers are able to see the set SL of retail forex traders and will hunt them before the market took again the trend direction ...

During the last three weeks I got a personal experience where the basket drops to -400pip and came back to positive results later. I ended the last three week in positive territory :

  1. Closed first week 215 green pips but I had 400 pip drawdown and i was obliged to swim in the red zone (trades not closed ) till the trend took really its direction and closed in profit.
  2. Closed second week in profit 822 pips . The trend went directly without any perturbation and I was in green zone directly. I closed it the second day and got a rest all the week
  3. Closed third week in profit 807 pips. The market went against the trend ( opened the trades at London opening ) and I got a 396 pip in red zone till it took back to the right direction next day. I closed the basket manually on the third day at 807 green pip.

Our goal is to make green pips . There is something under our control ( money and risk management ) and there is something that we can't control it ( market makers trades and market news).
You may try to test the strategy by using a previous data 6 month, one year and more but this won't project to us the future in the forex market.
We can try to think about the max drawdown that may affect our basket if we test it with previous data and try to adjust our SL accordingly.
We can also set a money management plan by decreasing the lot size and increase the SL limit to 500 pips ( 31 pip for each pair) or even more ( actually i'm testing the 800 pip level but not more than that).

My suggestion is to define the lot size and the SL that will protect us from blowing our account and try to secure green pips without being too much greedy so we can achieve our green pips collection.
Best
MO

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