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CCFp weekly signals (set and forget basket trading)

  • #1,841
  • Mar 27, 2017 8:36am Mar 27, 2017 8:36am
Quoting agagukalex
Hi for me i am still in the 200 tp Daily test but unfortunatly , i had 2 baskets with different magic number and i tryied to close one but both been closed ... so for today i made 122 pips but somebody else had the same setting as me so i will know if 200 tp will be reached ... i am already setteled for tomorrow!! maximum pips 160 minimum pips 146 last week 900 pips this week monday +122 Alex
Agagukalex and others running the daily setup...

I am currently up +240 pips with 126 pips locked on demo. Just curious to know if you didn't hit 200 pips for the day or the stop loss was not hit what time do you close your basket for the day? I am running 10080 true-false because for some reason my OANDA demo only gave me one pair to trade when I tried to run ' 10080 false-false' (might have been because of bar end time as when I did it on FXCM it was fine...will try again tonight!).
  • #1,842
  • Mar 27, 2017 8:43am Mar 27, 2017 8:43am
Quoting monaghan
{quote} Hi Alex 200 pips live have been hit,i normaly dont trade Monday but my tech analysys lined up, may decide to go daily from tomorrow or weekly, depends on the analysis tomorrow before the open, for me thats the key, i also did no have a full basket this morning not sure why all the best to everyone Ray PS no loosers in three weeks of trading so far {image}
Monaghan,

Are you doing a tech analysis of the individual pairs that the indicator throws up or just a general analysis of the 'basket' itself before you decide to enter? If you could share your thought process before you make a 'go - no go' decision that would be very helpful.

Thanks!
  • #1,843
  • Mar 27, 2017 8:43am Mar 27, 2017 8:43am
Quoting seekpips
{quote} Agagukalex and others running the daily setup... I am currently up +240 pips with 126 pips locked on demo. Just curious to know if you didn't hit 200 pips for the day or the stop loss was not hit what time do you close your basket for the day? I am running 10080 true-false because for some reason my OANDA demo only gave me one pair to trade when I tried to run ' 10080 false-false' (might have been because of bar end time as when I did it on FXCM it was fine...will try again tonight!).
When I was testing the daily setup for a little while, anytime between 16:00 to 17:00 GMT+3 (or a couple of hours after New York open) seemed best for closing the basket.
  • #1,844
  • Mar 27, 2017 8:45am Mar 27, 2017 8:45am
Quoting seekpips
{quote} Agagukalex and others running the daily setup... I am currently up +240 pips with 126 pips locked on demo. Just curious to know if you didn't hit 200 pips for the day or the stop loss was not hit what time do you close your basket for the day? I am running 10080 true-false because for some reason my OANDA demo only gave me one pair to trade when I tried to run ' 10080 false-false' (might have been because of bar end time as when I did it on FXCM it was fine...will try again tonight!).
Formyself , i am trying to keep in mind that the 200 pips is almost reached before lunch here in Eastern time ... BUT , if around 11 am ET my basket is in profit i take it and if not i let run to get profit .... or low losses.. but forex is a beast ... and a very good trader told me once 7 years ago ....
DON'T FIGHT THE MARKET , HE IS STRONGER THAN YOU , SO TAKE YOUR PROFIT AND RUN OR LOSE THE LESSES YOU CAN ... !!!(SAID WITH A RUSSIAN ACCENT)
LOL
But we are working on a profit and trailing lock set up right now ....that will protect at least BE or a bit more ...

Hope it helps ...
Alex
  • #1,845
  • Mar 27, 2017 8:47am Mar 27, 2017 8:47am
Done for the week closed basket with 10.59%. Two successful weeks and closed both on Monday. Last week I got around 10.68%
So far in the last two weeks 22.81%.

I am still looking for the +300 pip move before the middle of the week.
But if I see that my basket reaches greater than 7% I close out the basket.
So think of the +300 pips move as an alternative to stick around when the basket has not gone beyond the 7% target.

Peace
JEss
Attached Image
Our AWESOME IMAGINATION is the true holy grail!
  • #1,846
  • Mar 27, 2017 8:49am Mar 27, 2017 8:49am
Quoting agagukalex
{quote} Formyself , i am trying to keep in mind that the 200 pips is almost reached before lunch here in Eastern time ... BUT , if around 11 am ET my basket is in profit i take it and if not i let run to get profit .... or low losses.. but forex is a beast ... and a very good trader told me once 7 years ago .... DON'T FIGHT THE MARKET , HE IS STRONGER THAN YOU , SO TAKE YOUR PROFIT AND RUN OR LOSE THE LESSES YOU CAN ... !!!(SAID WITH A RUSSIAN ACCENT) LOL But we are working on a profit and trailing lock set up right now ....that will protect at...
Agreed 100%!!! 200 pips is a good WEEK if it can be done consistently! I am not greedy so profitlock will be in full effect and shutting down when ahead is an absolute must!
  • #1,847
  • Mar 27, 2017 8:51am Mar 27, 2017 8:51am
Quoting kalosha2
hello everyone im lost in pages really , what are the best way to work with this system as i downloaded alot of indicator and temp , also exp , so i wanna know please what should i use exactly to try this system . thanks in advance
Good Sir,

Welcome to the thread. As you might have guessed this is a work in progress. What I mean by that is that it is being forward tested with many different parameters and many different ideas. Due to the fact that it is a "Basket" style of trading, it is much more difficult to do extensive backtesting on MT4, so different traders have taken it upon themselves to utilize the wonderful tools that ForexPinBar and Xmess7 have provided and conduct forward tests in the style that they are most comfortable with.

Some traders are letting the system run without SL nor TP to see how the system performs throughout the week. Some traders are using Hard SL and TP levels that they have chosen from looking at some past data. Others are using the signals on a daily basis to try to grab consistant pips. None of these are the best or perfect by any means, but they are what the traders feel comfortable with and what they want to continue to explore and refine.

My suggestion is to choose a style that matches your personality, and then begin your own set of tests. In this way you can share your data with the thread and help others as you help yourself. You will also learn more about the system and yourself as a trader.

GREEN pips to you, and may you enjoy, gain knowledge, and prosper from this adventure.
  • #1,848
  • Mar 27, 2017 8:51am Mar 27, 2017 8:51am
Quoting seekpips
{quote} Monaghan, Are you doing a tech analysis of the individual pairs that the indicator throws up or just a general analysis of the 'basket' itself before you decide to enter? If you could share your thought process before you make a 'go - no go' decision that would be very helpful. Thanks!
Hi
a bit of both really, please see my previous post with chart attached
regards
Ray
  • #1,849
  • Mar 27, 2017 9:02am Mar 27, 2017 9:02am
Quoting monaghan
{quote} Hi Alex 200 pips live have been hit,i normaly dont trade Monday but my tech analysys lined up, may decide to go daily from tomorrow or weekly, depends on the analysis tomorrow before the open, for me thats the key, i also did no have a full basket this morning not sure why all the best to everyone Ray PS no loosers in three weeks of trading so far {image}
Ray:
Is that Onda on the US side?

Thnx
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #1,850
  • Mar 27, 2017 9:03am Mar 27, 2017 9:03am
Quoting SmoothTrader
{quote} Good Sir, Welcome to the thread. As you might have guessed this is a work in progress. What I mean by that is that it is being forward tested with many different parameters and many different ideas. Due to the fact that it is a "Basket" style of trading, it is much more difficult to do extensive backtesting on MT4, so different traders have taken it upon themselves to utilize the wonderful tools that ForexPinBar and Xmess7 have provided and conduct forward tests in the style that they are most comfortable with. Some traders are letting the...
Well said..Coming from a well experienced and professional trader..
Goal of a successful trader is to make the best trades. Money is secondary
  • #1,851
  • Mar 27, 2017 9:05am Mar 27, 2017 9:05am
Quoting xmess7
{quote} Ray: Is that Onda on the US side? Thnx Jess
it is Sir
and very good they are to
  • #1,852
  • Mar 27, 2017 9:30am Mar 27, 2017 9:30am
Quoting SmoothTrader
{quote} Good Sir, Welcome to the thread. As you might have guessed this is a work in progress. What I mean by that is that it is being forward tested with many different parameters and many different ideas. Due to the fact that it is a "Basket" style of trading, it is much more difficult to do extensive backtesting on MT4, so different traders have taken it upon themselves to utilize the wonderful tools that ForexPinBar and Xmess7 have provided and conduct forward tests in the style that they are most comfortable with. Some traders are letting the...
hello friend ,
thanks for fast answer >>
actually im asking about from the begenning what to download and where to put to let the system work as well , as im lost really
  • #1,853
  • Mar 27, 2017 10:13am Mar 27, 2017 10:13am
Quoting kalosha2
{quote} hello friend , thanks for fast answer >> actually im asking about from the begenning what to download and where to put to let the system work as well , as im lost really
Now I understand and I would be glad to help you.

On page 1, the first post contains the Expert Advisor xm7_Ccfp_Wkly_TradeMonitor_v33.ex4. The current version is v33. Copy that and place it in your Experts folder on your MT4 terminal.

On page 1, the second post contains the Template CCFpWEEKLYtemplate.tpl file and the Indicator CCFp-Diff_[v2.0](1).ex4 file, Copy the Template file and place it in your Templates folder, and then copy the Indicator file and place it in your Indicator folder.

Restart your MT4 Terminal and open a 1 minute EU chart. Then use the template to load the indicator onto the chart. Once that is done you can then load the EA onto the chart and choose your inputs.

Hopefully, this helps.

GREEN pips my friend.
  • #1,854
  • Mar 27, 2017 10:35am Mar 27, 2017 10:35am
My greeting to everyone.

I tried to load EA V33 and noticed that the trade monitor box cannot be view on chart but I can view the trade monitor box for EA V18.3. Not sure if I miss out anything.

Thanks
  • #1,855
  • Mar 27, 2017 10:35am Mar 27, 2017 10:35am
Quoting SmoothTrader
{quote} Now I understand and I would be glad to help you. On page 1, the first post contains the Expert Advisor xm7_Ccfp_Wkly_TradeMonitor_v33.ex4. The current version is v33. Copy that and place it in your Experts folder on your MT4 terminal. On page 1, the second post contains the Template CCFpWEEKLYtemplate.tpl file and the Indicator CCFp-Diff_[v2.0](1).ex4...
thanks alot friend for your efforts with me .
now i got it and did what you told me exactly .
for now i wanna share with you my chart look to confirm if its alright or not .
thanks again
Green pips always my friend for you all the time
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  • #1,856
  • Mar 27, 2017 11:13am Mar 27, 2017 11:13am
Quoting kalosha2
{quote} thanks alot friend for your efforts with me . now i got it and did what you told me exactly . for now i wanna share with you my chart look to confirm if its alright or not . thanks again Green pips always my friend for you all the time {image}
PERFECT
  • #1,857
  • Mar 27, 2017 4:15pm Mar 27, 2017 4:15pm
Hello all..I asked a question earlier and did not receive an answer.Its quite obvious that most of you are busy making pips and money.Well I will ask again and I would be glad if get some valuable answers..Question : Which is better? Backtests or Walk Forward Analysis?I assume walk forward analysis is the same as forward testing right?Is walk forward analysis the best method to determine the robustness and potential profitability of a trading system? Wishing us all green pips this week..
Goal of a successful trader is to make the best trades. Money is secondary
  • #1,858
  • Mar 27, 2017 4:43pm Mar 27, 2017 4:43pm
Quoting Forexpinbar
Hello all..I asked a question earlier and did not receive an answer.Its quite obvious that most of you are busy making pips and money.Well I will ask again and I would be glad if get some valuable answers..Question : Which is better? Backtests or Walk Forward Analysis?I assume walk forward analysis is the same as forward testing right?Is walk forward analysis the best method to determine the robustness and potential profitability of a trading system? Wishing us all green pips this week..
They both have their place.

A back test is great at determining if an EA is functioning as it should. However, if it is used strictly for optimization purposes it runs the risk of simply becoming a curve fitting exercise. Optimization should be done on a segment of the historical data so that it can be applied to an equal size of "out of sample" data to determine if it is viable. Sometimes this is referred to as Walk Forward Analysis.

Of course this is just my opinion.

GREEN pips to you my friend.
  • #1,859
  • Mar 27, 2017 4:45pm Mar 27, 2017 4:45pm
Quoting Forexpinbar
Hello all..I asked a question earlier and did not receive an answer.Its quite obvious that most of you are busy making pips and money.Well I will ask again and I would be glad if get some valuable answers..Question : Which is better? Backtests or Walk Forward Analysis?I assume walk forward analysis is the same as forward testing right?Is walk forward analysis the best method to determine the robustness and potential profitability of a trading system? Wishing us all green pips this week..
I would have to say forward testing on a demo account is going to be the most reliable method for determining best settings because there are many things that could and do go wrong even while high-quality tick testing, let alone using open prices. The walk forward testing is just another, more formal term for forward testing.
  • #1,860
  • Mar 27, 2017 5:15pm Mar 27, 2017 5:15pm
Hi, I am having a small issue regarding setup, if anyone could help me, I would appreciate it. I have everything loaded, but I have no active trades showing. I understand that its past the time to open trades this week, but this is what my screen looks like, I wonder if I did things correctly...
Attached Image (click to enlarge)
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Keeping It Gangsta
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