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CCFp weekly signals (set and forget basket trading)

  • #2,141
  • Apr 4, 2017 1:48pm Apr 4, 2017 1:48pm
Quoting KhaosTrader
ficibald, Ok I see what you are saying. I just am saying it would be beneficial to know the math behind the logic, so we could improve it , if we are truly going to rely on it to trade real money. If I was risking thousands on an algorithm, I certainly would want to know the logic behind the trades, since the algo is relying on my math, not my eyes. But I hear what you are saying, which, is the signal is derived from a weekly chart. Ok, that is one step towards the goal of knowing what the formula is. Thank you.
you are right.we need to know what we are trading,peace
  • #2,142
  • Apr 4, 2017 2:15pm Apr 4, 2017 2:15pm
Quoting Forexpinbar
{quote} Thank you L.m but can you send the Excel with empty columns and rows because i want to enter my backtest results into the blanks.Thank you.
I'm not sure I get what you mean, but that spreadsheet doesn't provide a standard output that can be automatically filled by input data. PM me if you need some help to produce this sort of output.


Below is the chart for March 2017, SL 25 pips per pair, TP 100 per pair. Results with no trade management, opening hour 8:00 to 14:00 London time.
Attached Image (click to enlarge)
Click to Enlarge Name: CCFP_March17.png Size: 118 KB
  • #2,143
  • Apr 4, 2017 2:25pm Apr 4, 2017 2:25pm
Quoting KhaosTrader
monoghan, I did read the thread in the beginning, ForexPinBar was in the beginning was interested in knowing if the method was sound more than just coding an automated trading EA (if memory serves). I am sorry to be blunt but to properly evaluate a system, I would need to know the logic codes in signal generation. Just because a sell signal agrees with your daily bar analysis doesn't mean that the signal generator is based on good and sound logic. Ok, so I am stating this. If we are here to just test a black box system, fine, let me know. If we...
KT
i think you miss-understand me, from my point of view thats how it works you can see Ma's in the indicator, it is based on weekly daily bars, anyway i trade this way live i make profit, so at the end of the day i make money, who cares in my opinion about discecting the EA, to make me or anyone else look clever, as they say simplicity is in the eye of the beholder, most professional traders trade simplicity, so work it out for yourself if you dont want to take advice from others
  • #2,144
  • Edited 3:27pm Apr 4, 2017 2:34pm | Edited 3:27pm
For KhoasTrader and everyone else that is interested in the CCFp-Diff indicator we are utilizing for this trading method, the actual indicator is the rightful property of FerruFX and was shared by him free of charge (Thank you Eric), so the source code for the indicator is not available. However, the mathematics behind the indicator can be deduced with some research, and yes I have personally spent more than some time researching it until I understood it myself.

The basis for this indicator is based upon the article <HERE>.

Basically the "CCFp" (Complex Common Frames percent) part of the CCFp-Diff indicator attempts to show the relative strength of each individual currency. It strips out a value for each individual currency (Aud, Cad, Chf, Eur, Gbp, Jpy, Nzd, and Usd) from each and every pair that contain it (for example Aud/Cad, Aud/Chf, Eur/Aud, Aud/Gbp, Aud/Jpy, Aud/Nzd, and Aud/Usd to yield the AUD value). The "Diff" part of the CCFp-Diff is the difference between two consecutive "CCFp" readings is then normalized to between -10 and +10 and this is used to define the strength of each currency. The indicator then produces trade recommendations based on buying the positive strength currencies and selling the negative strength currencies.

From the article, and the indicator inputs, you can see which method of calculating is used to get the "CCFp" readings and which two consecutive readings are used for the "Diff". With research the mystery can be solved so the source code is not needed.

To keep the thread clean and as a matter of business, I encourage every one to do their own research on the indicator. If, after doing your research, you have questions please feel free to PM me and I will gladly assist you as much as possible.

GREEN pips to one and all, and especially to ForexPinBar, Xmess7, and FerruFX THANK YOU.
  • #2,145
  • Apr 4, 2017 3:13pm Apr 4, 2017 3:13pm
Looks like we are going to have some fun this month..This monthly basket was opened yesterday Monday 9AM GMT and it has moved to 884pips already with very low drawdown of 51pips..We will see what this month brings..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: MONTHLYBASKET.png Size: 148 KB
Click to Enlarge Name: MONTHLYBASKET2.png Size: 124 KB
Goal of a successful trader is to make the best trades. Money is secondary
  • #2,146
  • Apr 4, 2017 3:27pm Apr 4, 2017 3:27pm
SmoothTrader,

Thank you! that is exactly what i was looking for. I want to further my understanding of how that indi works, Thank you for your help and assistance.
Keeping It Gangsta
  • #2,147
  • Apr 4, 2017 3:31pm Apr 4, 2017 3:31pm
Folks:
Just a reminder. Please do download again EA v34.
I was just testing it and it is vastly improved over the first copy I sent earlier.

When barely start it up (all globals deleted) you may experience a pause.. just be patient. Once it kicks in then it will be fast to load/unload and operate.
Once a week you may see it pause, maybe. v35 should have that resolved.
Our AWESOME IMAGINATION is the true holy grail!
  • #2,148
  • Edited 4:54pm Apr 4, 2017 3:40pm | Edited 4:54pm
Quoting xmess7
{quote} Forexpinbar: I have made a script that has the same function as in the EA. This function is what collects and adds up the pips. Make sure to use the same magic number. Run it on a separate chart and show me what you get for each broker. Lets see if this number is the same as what is displayed on the chart. {file}
Thank you for the script.I did exactly what you asked me to and here are results of the screenshots.FYI these two baskets were opened by V33 at the same time with the same CCFp settings and the same broker but in two different accounts.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 118 KB
Click to Enlarge Name: Screenshot2.png Size: 112 KB
Goal of a successful trader is to make the best trades. Money is secondary
  • #2,149
  • Apr 4, 2017 3:52pm Apr 4, 2017 3:52pm
Quoting KhaosTrader
I sincerely hope people here are not going "full retard" here... Our journey here should be to further our understanding of trading, in the hopes of becoming better or more profitable traders. It is easy to condemn, attack and belittle those who try. Lets try to come together and further our understanding in a cooperative way, ok? If someone is striving to understand something, please lend a helping hand. That is the best thing you can do. Lets try to work together, to promote intelligence and understanding to further our collective journey to become...
You have been mean for a while now which doesn't speak quite well of you..If you need information about something you just need to ask politely..Thats how it is done..
Goal of a successful trader is to make the best trades. Money is secondary
  • #2,150
  • Apr 4, 2017 3:55pm Apr 4, 2017 3:55pm
Forexpinbar,

Sorry, it wasnt my intention. Anyway, apologies.
Keeping It Gangsta
  • #2,151
  • Apr 4, 2017 4:02pm Apr 4, 2017 4:02pm
Done for the day, up approx. 10%...xmess7, you are a genius...Started test at LO (07:00 GMT)
  • #2,152
  • Apr 4, 2017 4:06pm Apr 4, 2017 4:06pm
Quoting KhaosTrader
Forexpinbar, Sorry, it wasnt my intention. Anyway, apologies.
No hard feelings..
Goal of a successful trader is to make the best trades. Money is secondary
  • #2,153
  • Apr 4, 2017 4:07pm Apr 4, 2017 4:07pm
Looking at ForexPinbars two screenshots, it looks like the chart time is not syncd properly, since the "Bar End Time" is different.. This seems to most likely be a causal factor in the differences in the currency strength inputs since they are reading bar data, and if they are not syncd correctly it would trigger different trades.

So, ForexPinBar, a couple questions might shed some light..., ... 1) were both accounts on the same computer? 2) if not, are the clocks on both computers the same?
Keeping It Gangsta
  • #2,154
  • Apr 4, 2017 4:11pm Apr 4, 2017 4:11pm
Also i see that GMT open hour from input is different on both screenshots.
Keeping It Gangsta
  • #2,155
  • Apr 4, 2017 4:57pm Apr 4, 2017 4:57pm
Quoting KhaosTrader
Also i see that GMT open hour from input is different on both screenshots.
Thanks for alerting me..The 9AM GMT was the wrong screenshot..I have replaced it with the right screenshot..I have about 10 CCFp settings with different GMT settings running on my computer.
Goal of a successful trader is to make the best trades. Money is secondary
  • #2,156
  • Apr 4, 2017 5:21pm Apr 4, 2017 5:21pm
Quoting Forexpinbar
{quote} Thanks for alerting me..The 9AM GMT was the wrong screenshot..I have replaced it with the right screenshot..I have about 10 CCFp settings with different GMT settings running on my computer.

Ok wow, thats a lot....

Anyway, as you can see your forex strength meter readings are different, which are causing different baskets to be opened. I wonder if you copied the metatrader folder to another folder, then changed the logins so you have the most perfect "mirror" copy, and launch both screens and see if your forex strength meters are the same.
Keeping It Gangsta
  • #2,157
  • Apr 4, 2017 5:25pm Apr 4, 2017 5:25pm
ForexPinbar..

Another idea -- it could be due to corrupted data. Perhaps doing a reloading of all your forex backdata would fix it... I would try that first.
Keeping It Gangsta
  • #2,158
  • Apr 4, 2017 6:02pm Apr 4, 2017 6:02pm
Quoting xmess7
Folks: Just a reminder. Please do download again EA v34. I was just testing it and it is vastly improved over the first copy I sent earlier. When barely start it up (all globals deleted) you may experience a pause.. just be patient. Once it kicks in then it will be fast to load/unload and operate. Once a week you may see it pause, maybe. v35 should have that resolved.
Hi xmess7 , i installed the last version v34 that you just done , and i am experiencing 2 problems with the alarm feature.
check the image please ...
Thank you
Attached Image (click to enlarge)
Click to Enlarge Name: xmess7-2.png Size: 130 KB
  • #2,159
  • Apr 4, 2017 6:23pm Apr 4, 2017 6:23pm
Quoting xmess7
.
Hi xmess7,

May I ask about Pip Gain... It is calculated with Spread or without Spread?
I think should be without Spread. So the Pip Gain will be real.
Thank you!!!
  • #2,160
  • Apr 4, 2017 7:26pm Apr 4, 2017 7:26pm
Quoting scali
{quote} Hi xmess7, May I ask about Pip Gain... It is calculated with Spread or without Spread? I think should be without Spread. So the Pip Gain will be real. Thank you!!!
Scali:
Pip gain is calculated with all 3:
profit+commission+spread and then that number is converted to the pip equivalent.

However I have been told that some brokers include commission or something like and that messes with the equation.
So someday I'll catch it.
Jess
Our AWESOME IMAGINATION is the true holy grail!
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