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CCFp weekly signals (set and forget basket trading)

  • #1,801
  • Mar 25, 2017 8:03pm Mar 25, 2017 8:03pm
Quoting xmess7
{quote} Hi folks: For users of v31 all you need to do is just reload the EA. The only thing which will be affected is the brokerGMTCloseHour. So only for this week the EA will not close the trades automatically. If you do decide to continue using v31 make sure to reload the EA next week when the market opens. This way the correct BrokerGMTClosehour is detected and the EA can then close the basket at the end of the week. With that said I am releasing v33, it should handle all the DST stuff in the background (yes for all four times of the year when...
THANK YOU Xmess7!!!

You have gone above and beyond the call.

GREEN pips to you Good Sir.
  • #1,802
  • Mar 25, 2017 8:24pm Mar 25, 2017 8:24pm
Quoting SmoothTrader
{quote} THANK YOU Xmess7!!! You have gone above and beyond the call. GREEN pips to you Good Sir.
Dude:
I found some real good Mt4 to MT5 conversion scripts. They needed fixen cause they were created several years ago. Once I added some fixes the transition was in general real smooth. It is not perfect cause it does not convert stuff like OrderSelect and Time stuff but it does a great job at many other things. So when you go compile it in the MT5 editor, you just deal with less errors. I can see why they didn't convert the Order functions. Like in my case I have one function that closes all the trades (open positions and orders). Well in the MT5 scheme orders and open trades are separate, so I had to separate the function into two parts, one for the orders and another for the open positions.

Let me mess with this more and if you are interested I'll send you what I have and the instruction for use.

Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #1,803
  • Mar 25, 2017 8:36pm Mar 25, 2017 8:36pm
Quoting xmess7
{quote} Dude: I found some real good Mt4 to MT5 conversion scripts. They needed fixen cause they were created several years ago. Once I added some fixes the transition was in general real smooth. It is not perfect cause it does not convert stuff like OrderSelect and Time stuff but it does a great job at many other things. So when you go compile it in the MT5 editor, you just deal with less errors. I can see why they didn't convert the Order functions. Like in my case I have one function that closes all the trades (open positions and orders). Well...
There seems to be a few conversion scripts posted on ForexFactory. Could you post links to the ones that you found to work better than others?
  • #1,804
  • Edited 1:52am Mar 26, 2017 1:24am | Edited 1:52am
ajs5274
Unfortunately I haven't done enough testing due to luck of resources.
Know News/time; WAIT for Edge Entries, MPLC Normalization, Exits & TP's..
  • #1,805
  • Edited 8:10am Mar 26, 2017 7:45am | Edited 8:10am
Hello good traders..I know this is not part of this strategy but I have been looking for an indicator on the internet and haven't found one.I have searched google and FF tirelessly but nothing found.An indicator that can auto-calculate the pips of a move for buy or sell orders from a specific date and time(entry) to another specific date and time(exit) in the past for a specific currency.Though I did not enter the trade in the past , the indicator should be able to tell me the pips movement in the past if I had entered the trade at a specific time and date and exited at a specific time and date.And also the indicator should display the minimum pip count and maximum pip count within that period from entry to exit in the past.I will be glad if someone can help me find this indicator on the internet or preferably send me the link to download it.Thank you.
Goal of a successful trader is to make the best trades. Money is secondary
  • #1,806
  • Mar 26, 2017 11:11am Mar 26, 2017 11:11am
Quoting TGS
{quote} There seems to be a few conversion scripts posted on ForexFactory. Could you post links to the ones that you found to work better than others?
TGS:
What I found is a script created around 2010 (or before) and have been updating it to have more conversion features. I have been able to implement many conversions but there are still many to add. So when I say it works smoothly I mean it works so far as to what it has been added too. For those that know how to code it will provide "less" items that you need to address when converting the code.

If you are gamed I can send you what my modified script, however note that the resulting mq5 code will still required conversion of many things.
Or
Give me a couple of weeks to see if I can at least add the major ones (like open/close trades, Time series).

Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #1,807
  • Mar 26, 2017 11:17am Mar 26, 2017 11:17am
Quoting xmess7
...If you are gamed I can send you what my modified script, however note that the resulting mq5 code will still required conversion of many things. Or Give me a couple of weeks to see if I can at least add the major ones (like open/close trades, Time series). Jess
Of course, take your time. I would like to wait for the ones including the major ones. It sounds like they will be fun new toys to play with. Thanks for your coding efforts!
  • #1,808
  • Mar 26, 2017 11:22am Mar 26, 2017 11:22am
Quoting Forexpinbar
Hello good traders..I know this is not part of this strategy but I have been looking for an indicator on the internet and haven't found one.I have searched google and FF tirelessly but nothing found.An indicator that can auto-calculate the pips of a move for buy or sell orders from a specific date and time(entry) to another specific date and time(exit) in the past for a specific currency.Though I did not enter the trade in the past , the indicator should be able to tell me the pips movement in the past if I had entered the trade at a specific time...
I'm not sure if it's exactly what you're looking for but play around with this attached script (I don't recall where I found it to give credit or citation and unfortunately I don't have the source code). It calculates the basket profit of specified pairs given their respective direction and lots. It also provides other information such as drawdown, swap, etc.

Attached File(s)
File Type: ex4 HedgeCalculator.ex4   10 KB | 399 downloads
  • #1,809
  • Mar 26, 2017 11:39am Mar 26, 2017 11:39am
Quoting TGS
{quote} I'm not sure if it's exactly what you're looking for but play around with this attached script (I don't recall where I found it to give credit or citation and unfortunately I don't have the source code). It calculates the basket profit of specified pairs given their respective direction and lots. It also provides other information such as drawdown, swap, etc. {file}
Thank you TGS..I will have a look and give you feedback..Cheers
Goal of a successful trader is to make the best trades. Money is secondary
  • #1,810
  • Mar 26, 2017 12:12pm Mar 26, 2017 12:12pm
Quoting TGS
{quote} I'm not sure if it's exactly what you're looking for but play around with this attached script (I don't recall where I found it to give credit or citation and unfortunately I don't have the source code). It calculates the basket profit of specified pairs given their respective direction and lots. It also provides other information such as drawdown, swap, etc. {file}
It seems like the script doesnt work or maybe I am not doing it right but here are the screenshots.Shows nothing but 0 digits..Is it necessary to enter more than 1 currency pair before the script will work or I can just enter a single currency pair?Because what I want to do is enter 1 currency pair in the script to see the results.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: testing1.png Size: 158 KB
Click to Enlarge Name: testing2.png Size: 171 KB
Goal of a successful trader is to make the best trades. Money is secondary
  • #1,811
  • Mar 26, 2017 12:28pm Mar 26, 2017 12:28pm
Quoting Forexpinbar
{quote} It seems like the script doesnt work or maybe I am not doing it right but here are the screenshots.Shows nothing but 0 digits..Is it necessary to enter more than 1 currency pair before the script will work or I can just enter a single currency pair?Because what I want to do is enter 1 currency pair in the script to see the results. {image} {image}
It is a little touchy. What I would suggest is "Save" the set file so that you don't have to do a lot of typing each time. It does require at least one pair to be in a different direction. So if you're interested in learning about selling AUDCAD with 1 lot, just input another pair with an insignificant lot size in the opposite direction (without a negative symbol this time).

As always, make sure your terminal has all historical data loaded into it for all timeframes. I don't know what timeframes the script uses but force loading the data seems to solve similar problems in general.

What would be idea is for this script to display values on chart so that as you're scrolling the chart back in history, it will show basket statistics on chart for a specified period such as intraday or weekly.

Basket backtesting would then be a breeze.
  • #1,812
  • Mar 26, 2017 12:35pm Mar 26, 2017 12:35pm
Quoting Forexpinbar
{quote} It seems like the script doesnt work or maybe I am not doing it right but here are the screenshots.Shows nothing but 0 digits..Is it necessary to enter more than 1 currency pair before the script will work or I can just enter a single currency pair?Because what I want to do is enter 1 currency pair in the script to see the results. {image} {image}
For comparison, do you get the same output?

Attached Image (click to enlarge)
Click to Enlarge Name: 66PtRSEQ4an4sL7s.jpg Size: 141 KB


Attached Image (click to enlarge)
Click to Enlarge Name: N8NHjBNcEzrrB4Aj.jpg Size: 124 KB
  • #1,813
  • Mar 26, 2017 12:54pm Mar 26, 2017 12:54pm
Quoting TGS
{quote} For comparison, do you get the same output? {image} {image}
Thank you TGS.Your pair selection list is quite confusing because I intend to test individual currency pairs not basket pairs..So why did you enter 3 currency pairs in the script as seen in the screenshot instead of 1 currency pair?What I want to do is to be able to enter 1 currency pair in the script and see the results.
Goal of a successful trader is to make the best trades. Money is secondary
  • #1,814
  • Mar 26, 2017 1:08pm Mar 26, 2017 1:08pm
Quoting Forexpinbar
...So why did you enter 3 currency pairs in the script as seen in the screenshot instead of 1 currency pair?
The goal of 3 currency pair selection is mostly to make the broker happy with the commissions that they would receive as shown here. This is an unnecessary combination of pairs which unnecessarily adds to transaction costs but it does allow me to not run out of margin while placing unnecessarily large lots.

Quoting Forexpinbar
...What I want to do is to be able to enter 1 currency pair in the script and see the results.
You could try AUDCAD=1;AUDCAD=-1;AUDCAD=1 or something similar. I haven't tested with just one pair but play around with it to see if it's useful. Maybe xmess7 could create a more custom tool for what you're trying to do.
  • #1,815
  • Mar 26, 2017 8:58pm Mar 26, 2017 8:58pm
Hi all,

Small doubt in EA

1) While the EA started running on Monday, for some reasons the system gets restarted, will the EA continues from there or it won't.

2) if I want to edit the TP or SL while the EA is running, how to do that???

3) About Profit lock- When I set my profit lock to 300pips, does it mean, it moves to breakeven when it reached +300 pips or something else.

Thanks in advance for helping me out.
The consistency you seek is in your mind, not in the markets.
  • #1,816
  • Mar 26, 2017 9:48pm Mar 26, 2017 9:48pm
Quoting ksraja00
Hi all, Small doubt in EA 1) While the EA started running on Monday, for some reasons the system gets restarted, will the EA continues from there or it won't. 2) if I want to edit the TP or SL while the EA is running, how to do that??? 3) About Profit lock- When I set my profit lock to 300pips, does it mean, it moves to breakeven when it reached +300 pips or something else. Thanks in advance for helping me out.
The information that I am sharing with you is the information as I understand it.

As far as I know the EA will continue to run where it left off after you restart it because Xmess7 utilized Global Variables that are saved on your hard drive. However, for the time that your EA is turned off (due to power outage, loss of internet connection, or whatever) it will not be able to close any trades due to StopLoss, TakeProfit, or TrailingProfit. This is why it is recommended to use a highly reliable VPS for a live account.

To edit the TP or SL while the EA is running, simply left click on the chart where the EA is running, and press the F7 key. This will bring up the Expert Screen and then you click on the <Input> tab to open the screen to change the inputs.

Once the ProfitLock is hit, in your example 300 pips, it will raise the SL to BreakEven plus 50% of the ProfitLock level. In your example it would raise it to plus 150 pips profit as your new SL level.

The TrailingLock works in the exact same way. For example if you set your ProfitLock to 300 pips and you have a 100 pip TrailingLock, as soon as you reached 300 pips profit your SL would be raised to +150 pips. Then when your basket reached +400 pips profit (300 pips ProfitLock and 100 pips TrailingLock) your SL would be raised to 50% of 400 pips or +200 pips.

Hopefully, this helpd and I would encourage you to continue to read the whole thread.

GREEN pips to one and all.
  • #1,817
  • Mar 26, 2017 9:58pm Mar 26, 2017 9:58pm
Quoting SmoothTrader
{quote} The information that I am sharing with you is the information as I understand it. As far as I know the EA will continue to run where it left off after you restart it because Xmess7 utilized Global Variables that are saved on your hard drive. However, for the time that your EA is turned off (due to power outage, loss of internet connection, or whatever) it will not be able to close any trades due to StopLoss, TakeProfit, or TrailingProfit. This is why it is recommended to use a highly reliable VPS for a live account. To edit the TP or SL...
Thanks SmoothTrader for your reply....
1) One more doubt, what to do if I reached +300 pips i need to go breakeven then trailing with 200 pips(when it reach 500 pips i need to move my SL to 200, the when it reach to 700 i need to move SL to 400). What setting should i use.
The consistency you seek is in your mind, not in the markets.
  • #1,818
  • Mar 26, 2017 10:10pm Mar 26, 2017 10:10pm
Quoting ksraja00
{quote} Thanks SmoothTrader for your reply.... 1) One more doubt, what to do if I reached +300 pips i need to go breakeven then trailing with 200 pips(when it reach 500 pips i need to move my SL to 200, the when it reach to 700 i need to move SL to 400). What setting should i use.
Unfortunately there is not a current setting on the EA that will accomplish what you have requested automatically. There are potential work arounds to accomplish what you want. If you are interested, please PM me so we can keep the thread clean.

GREEN pips to you.
  • #1,819
  • Mar 26, 2017 10:32pm Mar 26, 2017 10:32pm
Quoting SmoothTrader
{quote} Unfortunately there is not a current setting on the EA that will accomplish what you have requested automatically. There are potential work arounds to accomplish what you want. If you are interested, please PM me so we can keep the thread clean. GREEN pips to you.

Thanks SmoothTrader...

Green pips to you all
The consistency you seek is in your mind, not in the markets.
  • #1,820
  • Mar 26, 2017 11:10pm Mar 26, 2017 11:10pm
Quoting SmoothTrader
{quote} The information that I am sharing with you is the information as I understand it. As far as I know the EA will continue to run where it left off after you restart it because Xmess7 utilized Global Variables that are saved on your hard drive. However, for the time that your EA is turned off (due to power outage, loss of internet connection, or whatever) it will not be able to close any trades due to StopLoss, TakeProfit, or TrailingProfit. This is why it is recommended to use a highly reliable VPS for a live account. To edit the TP or SL...
Thnx for the explanation SmoothTrader.

Folks using v33 just make a quick check and ensure that your GMT hour is matching what is on the website http://Time.is/GMT. Also check that the GMT shift between broker hour and GMT hour is as your broker advertises. You can either subtract the hours on the display or you can look at the global variable BrokerGMTShift, BTW that number and the difference you calculate should be the same.
Our AWESOME IMAGINATION is the true holy grail!
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