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CCFp weekly signals (set and forget basket trading)

  • #2,661
  • Apr 13, 2017 3:48am Apr 13, 2017 3:48am
Quoting nonlinear
{quote} Yes, all weekly, 10 am London open, 4 pm NY Friday close, with different combinations of SL/TP (individual, basket, and trailing) and CCFp fast, slow, levels (all MA based) Here is one more for the past year of M1. It's making a killing on tons of different settings. Amazing, but who knows how long it will last. {image}
With what software is this calculated?
Vucking good EA coder... https://t.ly/AZjRM
  • #2,662
  • Apr 13, 2017 5:25am Apr 13, 2017 5:25am
Quoting reteid2222
{quote} With what software is this calculated?
Hello. Is tomorrow 14 april a normal trading day or closes the market earlier

Thanks Berry
  • #2,663
  • Apr 13, 2017 6:06am Apr 13, 2017 6:06am
Quoting Kezz23
{quote} From what I saw to start the basket at 11 GMT is pretty good for Monday only, as i is the first day and the market needs some time to settle. For all other days if you trade daily basket I have good results with 9:00 GMT, but there are also others here who start at 7 or 8 depending on news ,S/R levels, intuition Cheers!
Thanks. I was opening at 7 GMT and had decent results. Thought I would try 11 GMT. I am still experimenting with different settings to see what works the best. I have not tried 9 GMT yet. May give it a shot next week.
  • #2,664
  • Apr 13, 2017 6:40am Apr 13, 2017 6:40am
I am running a simulation model similar to what smoothtrader is running. It is based on M1 bars only, so it is just a rough estimate and some of my data has gaps here and there, so take it as just an estimate. It is also setup to have individual pair SL and TP work along with basket SL and TP (so one may trigger before the other and vice versa).
  • #2,665
  • Apr 13, 2017 10:05am Apr 13, 2017 10:05am
Noob question again:
If i dont have MT4 opened and the basket reach the limit of 500 pips or -200 will the trades close or still runing?
  • #2,666
  • Apr 13, 2017 10:24am Apr 13, 2017 10:24am
Quoting ilmank
Noob question again: If i dont have MT4 opened and the basket reach the limit of 500 pips or -200 will the trades close or still runing?
We are all noobs until we are told or learn something Dude We have two eyes, two ears and one mouth. Perfect proportions for their usage. ask and listen/see.

I think they will be in stasis in sub space until you fire mt4 back up again. Then the EA should continue calculating. If the basket is still above 500 it will TP. If it is below but not below -200 it will just carry on. Again if when you fire mt4 back up it below -200 it will shut.

That is my considered proffessional opinion, guess

It may just be BS;. Depends on Father Xmess's coding. And wether he has put in enough spaces or not
'Life' only really begins just over the edge of our comfort zones
  • #2,667
  • Apr 13, 2017 2:46pm Apr 13, 2017 2:46pm
Hey guys,

As Easter is coming tomorrow and Monday I will stay out of market, I am posting the results so far for this week daily basket.
Note that the peak time is GMT +3 (my local time).

Green pips and Merry Easter
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  • #2,668
  • Apr 13, 2017 3:58pm Apr 13, 2017 3:58pm
Quoting Kezz23
Hey guys, As Easter is coming tomorrow and Monday I will stay out of market, I am posting the results so far for this week daily basket. Note that the peak time is GMT +3 (my local time). Green pips and Merry Easter {image}
Thanks for sharing your results it looks as if false, false is winning so far.
  • #2,669
  • Apr 13, 2017 4:07pm Apr 13, 2017 4:07pm
Quoting ajs5274
{quote} Thanks for sharing your results it looks as if false, false is winning so far.
Yes, but this week was a good week as you see...intresting is how all other settings will behave when false false will be negative..i want to test if other settings are a saver somehow, or if original false false is down, all are down..
  • #2,670
  • Apr 13, 2017 4:50pm Apr 13, 2017 4:50pm
Quoting Kezz23
{quote} Yes, but this week was a good week as you see...intresting is how all other settings will behave when false false will be negative..i want to test if other settings are a saver somehow, or if original false false is down, all are down..
Interesting thoughts... I have not considered the results to be negative of each other.....
  • #2,671
  • Apr 13, 2017 6:38pm Apr 13, 2017 6:38pm
Daily update. Closed basket manually with 43 pips profit. I experimented with several different settings this week. Overall, had a down week. I won't trade tomorrow due to the holiday. Results so far:

Mon 41
Tue 166
Wed -300
Thr 43

Total for this week -50
Previous week 600

Total 550 for 2 weeks

The last 2 days I have not used the profit lock. Had I used it, I would have been at about 450 pips on the positive side and around 1050 for the 2 week total. Again, I am testing different settings every day. Next week, I will probably open 2 baskets. One for weekly and keep doing the daily. I like the results I have been seeing with the weekly and like the results I am getting with the daily. To be able to pocket over 1000 pips in a couple weeks or less, is simply amazing. I have struggled in the past to get a couple hundred in a month. I will keep testing until I feel that I can achieve these results consistently or at least for a modest profit. I'm not greedy, I could make a great living off of 1000 pips a month.

Keep up the good work everyone. Have a great Easter!!
  • #2,672
  • Edited 5:25am Apr 14, 2017 3:57am | Edited 5:25am
Used SmoothTrader's Workbook back tester to run some backtests based on Agagukalex's daily open of the CCFp weekly strategy..This backtest is for January 2012 and February 2012..Will run more backtests and share results for further analysis..NB: No take profit was assigned to the baskets , basket was closed at 23:00GMT.

This is how I run the daily entry of the basket backtest in SmoothTrader's Workbook. Click on the black box "GENERATE OUTPUT FOR THIS TIMEPERIOD ONLY" after you have entered the Date and Time you want to run backtest for and wait for results.
Attached Image (click to enlarge)
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Attached Images
Goal of a successful trader is to make the best trades. Money is secondary
  • #2,673
  • Apr 14, 2017 4:51am Apr 14, 2017 4:51am
This calculator enables you to add or subtract to a date to calculate a past or future date and time.

https://www.timeanddate.com/date/dateadd.html
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 128 KB
Goal of a successful trader is to make the best trades. Money is secondary
  • #2,674
  • Apr 14, 2017 6:06am Apr 14, 2017 6:06am
Quoting Kezz23
Hey guys, As Easter is coming tomorrow and Monday I will stay out of market, I am posting the results so far for this week daily basket. Note that the peak time is GMT +3 (my local time). Green pips and Merry Easter {image}
HI, kEZZ,.WHAT IS YOUR SL,..TP,..TR,.for the first test,..the one,..false, false,..
  • #2,675
  • Apr 14, 2017 6:14am Apr 14, 2017 6:14am
Quoting artic118
{quote} HI, kEZZ,.WHAT IS YOUR SL,..TP,..TR,.for the first test,..the one,..false, false,..
I am running without TP or SL to see what ranges can the basket take in order to find best combination for TP/SL.
The 'Final P/L" values is the pip gain when I closed the basket each evening when coming home from work, it's not a fixed hour, differs every day, but the hours are between 15-18:00 GMT anyway.

Cheers!
  • #2,676
  • Apr 14, 2017 6:17am Apr 14, 2017 6:17am
Quoting Kezz23
{quote} I am running without TP or SL to see what ranges can the basket take in order to find best combination for TP/SL. The 'Final P/L" values is the pip gain when I closed the basket each evening when coming home from work, it's not a fixed hour, differs every day, but the hours are between 15-18:00 GMT anyway. Cheers!
ok,..thx,..from your test untill now,..what you think will be the best, sl,.tp,.??
  • #2,677
  • Apr 14, 2017 6:30am Apr 14, 2017 6:30am
Quoting artic118
{quote} ok,..thx,..from your test untill now,..what you think will be the best, sl,.tp,.??
I have only the data for this week, is not enough to make a conclusion, cause as I said this was a good week, the pairs followed the technical and there were not so many important news.

Now is up to you, for ex here someone is testing with TP 200 and SL 300 and seemed ok.
The question is how much DD your account (and your mental state) can take, can you take a -600 DD and hope for reversal, or stay safe and use SL 100 and think if it's gone -100 against you better try next day.
As seen from my data, when the week is good, we can have tiny DD of -40 ( i think -10 or -15 is just the spread) with profits of 300+.

Last Friday I had 5 baskets opened at different hours and ended in +2500 pips, but if I had a SL of -100 I would be -500. But again, I could have very well been at -2500 in the evening that day so..

If we are all testing and posting we will be better every week with this strategy.

Cheeers!
  • #2,678
  • Edited 6:46am Apr 14, 2017 6:34am | Edited 6:46am
Quoting Kezz23
{quote} I have only the data for this week, is not enough to make a conclusion, cause as I said this was a good week, the pairs followed the technical and there were not so many important news. Now is up to you, for ex here someone is testing with TP 200 and SL 300 and seemed ok. The question is how much DD your account (and your mental state) can take, can you take a -600 DD and hope for reversal, or stay safe and use SL 100 and think if it's gone -100 against you better try next day. As seen from my data, when the week is good, we can have tiny...
"If we are all testing and posting we will be better every week with this strategy" .I totally agree with you...As aspiring and professional traders , I suggest that we always adjust the number of lots we trade (position size) to meet the stop loss distance that gives our trade the best chance of profiting. NEVER adjust your stop loss to meet a desired position size, this is GREED.The biggest point to remember is that you NEVER adjust your stop loss to meet your desired position size; instead you ALWAYS adjust your position size to meet your pre-defined risk and logical stop loss placement. This is VERY IMPORTANT-NIAL FULLER.

You see , even with a lot size of 0.01 , you can be -1000pips in drawdown and only $100 of your account will be at risk.With a lot size of 0.001 , you can be -1000pips in drawdown and only $10 of your account will be at risk....Thats the power of position sizing and proper money management.
Goal of a successful trader is to make the best trades. Money is secondary
  • #2,679
  • Apr 14, 2017 6:36am Apr 14, 2017 6:36am
Quoting Kezz23
{quote} I have only the data for this week, is not enough to make a conclusion, cause as I said this was a good week, the pairs followed the technical and there were not so many important news. Now is up to you, for ex here someone is testing with TP 200 and SL 300 and seemed ok. The question is how much DD your account (and your mental state) can take, can you take a -600 DD and hope for reversal, or stay safe and use SL 100 and think if it's gone -100 against you better try next day. As seen from my data, when the week is good, we can have tiny...
good,..thx for your info,.im testing,.false,..false,...open 11gmt monday,..sl,.500,..no take profit,.trailing 350,..300,..i was stoped out wensday night with +175 pips profit
  • #2,680
  • Apr 14, 2017 6:52am Apr 14, 2017 6:52am
By the way , can anyone recommend a reputable broker who offers 0.001 lot size to its clients(forex traders)?
Goal of a successful trader is to make the best trades. Money is secondary
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