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CCFp weekly signals (set and forget basket trading)

  • #3,521
  • May 1, 2017 8:24am May 1, 2017 8:24am
Quoting firewight
I'd still love to see some kind of money management built into the EA. Something like this. Check the CCFp indicator for the number of pairs listed to trade. Check the total risk based on % value set by the user. Divide risk % value by the number of pairs to trade. = the lot size to use for each trade. This way each basket would not exceed the risk value set by the user, so 2% risk for each basket, etc...
firewight:
back in version 3 I tried to add a % risk to create lotsize thingy.
But there are factors that would affect the basket. In other words you would have to cut out some of the pairs to get the desired lotsize.
Still looking into it to see if I can at least get an approximation. If not, I will leave it to the future guru to use the open source code and make more magic in the future lol
Our AWESOME IMAGINATION is the true holy grail!
  • #3,522
  • May 1, 2017 8:26am May 1, 2017 8:26am
Quoting admir
{quote} I will go home and i will send the Expert Logs for you
Awesome thnx
Our AWESOME IMAGINATION is the true holy grail!
  • #3,523
  • May 1, 2017 8:27am May 1, 2017 8:27am
Hi All,

I should add this, I am using Icmarket.
EA: xm7_Ccfp_Wkly-Trademonitor_v37
Template/indicator using from page 1- Forexpinbar. (Thanks a lot man).
I don't change any input- which means default setting.

I have opened another basket at GMT 13:01. Let's see what I will face (currnet basket1: -2.2 with Max 6.2/Min -46.3)

I hope you will have massive green pips!!

-Racoon-
  • #3,524
  • May 1, 2017 8:30am May 1, 2017 8:30am
Folks,

37.6 works or not?

Thanks for fast response.

A.
  • #3,525
  • May 1, 2017 8:32am May 1, 2017 8:32am
Quoting xmess7
{quote} Awesome thnx
Tried another broker and i got this: zero divide
Attached Image (click to enlarge)
Click to Enlarge Name: vC4cg.png Size: 65 KB
"What would you attempt to do, if you knew your success was a certainty?"
  • #3,526
  • May 1, 2017 8:34am May 1, 2017 8:34am
Quoting MeVsRacoon
Hi All, First of all, I appreciate all your efforts to build this EA. I just closed all 12 trades (+140.3 pips) <Max 183.2 pips, Min -55.5 pips> But, I have different basket with Norg has. Interesting.
Maybe you have CCFp settings different from mine. I have False, False, 3, 6, 3, 5.
I am surprised that you have EURAUD sell signal, since the chart clearly shows weekly and daily uptrend of EURAUD.
Anyway, since today is a holiday in most of Europe + Monday pullback, I was quite expecting a negative result. So far my today's drawdown was -368 pips, but I am risking 2% of my balance on a very small lot, so I have plenty of space for my trades to turn around tomorrow or Wednesday.
  • #3,527
  • May 1, 2017 8:38am May 1, 2017 8:38am
Quoting Fxentropy
{quote} Tried another broker and i got this: zero divide {image}

maby this will help

https://www.forexfactory.com/showthread.php?t=282888
  • #3,528
  • May 1, 2017 8:46am May 1, 2017 8:46am
Quoting admir
{quote} maby this will help https://www.forexfactory.com/showthread.php?t=282888
how this suppose to help...?
"What would you attempt to do, if you knew your success was a certainty?"
  • #3,529
  • May 1, 2017 8:51am May 1, 2017 8:51am
Quoting Fxentropy
{quote} how this suppose to help...?

Sry newer mind!
  • #3,530
  • May 1, 2017 9:07am May 1, 2017 9:07am
Quoting alesridl
Folks, 37.6 works or not? Thanks for fast response. A.
Yes, working fine my end
TTFN Merlyn
  • #3,531
  • May 1, 2017 9:11am May 1, 2017 9:11am
Quoting Norg
{quote} Maybe you have CCFp settings different from mine. I have False, False, 3, 6, 3, 5. I am surprised that you have EURAUD sell signal, since the chart clearly shows weekly and daily uptrend of EURAUD. Anyway, since today is a holiday in most of Europe + Monday pullback, I was quite expecting a negative result. So far my today's drawdown was -368 pips, but I am risking 2% of my balance on a very small lot, so I have plenty of space for my trades to turn around tomorrow or Wednesday.
Interesting, we have the exactly opposite signal.
I've just closed my basket, + 109.4 pips. <Max 111.9, Min -46.3>
For EURAUD, it has reached its daily resistance, so it has a retracement as downtrend, but it hasn't broken 4 hours trend line yet, so it would keep moving up trend. I would like to hear from you that you have a great result by end of this week. Thanks.
  • #3,532
  • May 1, 2017 9:25am May 1, 2017 9:25am
Quoting MeVsRacoon
{quote} Interesting, we have the exactly opposite signal. I've just closed my basket, + 109.4 pips. <Max 111.9, Min -46.3> For EURAUD, it has reached its daily resistance, so it has a retracement as downtrend, but it hasn't broken 4 hours trend line yet, so it would keep moving up trend. I would like to hear from you that you have a great result by end of this week. Thanks.
You're right about daily resistance and retracement, but the CCFp indicator is not at all designed to detect them it only should look at weekly trend. That's why I Wonder whether you have different settings (would you mind to have a look at yours and post them?) I surely will post my weekly results. Markets were thin in Europe, so I believe we shouldn't trade today at all, and rather start tomorrow Tuesday which would be in fact Monday for markets... On top of all, we're in NFP week, too...
  • #3,533
  • May 1, 2017 9:29am May 1, 2017 9:29am
Quoting tzic
{quote} Live account trading day 2.... Another green day, closed manually again, I have to let it run to the end next time {image}
Hi, may I know what are the setting for your baskets? False False? False True?
Trading is not easy
  • #3,534
  • May 1, 2017 9:32am May 1, 2017 9:32am
Quoting MeVsRacoon
{quote} Interesting, we have the exactly opposite signal. I've just closed my basket, + 109.4 pips. <Max 111.9, Min -46.3> For EURAUD, it has reached its daily resistance, so it has a retracement as downtrend, but it hasn't broken 4 hours trend line yet, so it would keep moving up trend. I would like to hear from you that you have a great result by end of this week. Thanks.
May I know the settings to your indicator and also the entry time? I tested with the same settings as Norg which are False/False 3 6 3 5 and I closed with a fixed 300pips SL.
  • #3,535
  • May 1, 2017 10:08am May 1, 2017 10:08am
Quoting Fxentropy
{quote} Tried another broker and i got this: zero divide {image}
Yes, i saw alot of thise errors on several brokers.
What i think is happening is this.
The ccfp-diff indicator uses a formula that involves a division. If something is divivded by zero that generates that error u see. That something is related to one of the currencies. i have found that if u do not have enuf data that this will happen. But on yer log i see u downloaded data already. So the other issue may be that one of the pairs doesnt exist or is disabled by either the broker or in the market watch. When i say that the broker disabled it i mean that even though u see it on the list it does not work. I have seen this to be true when a broker uses multiple suffixes. Some suffixes work others do not.

i am really considering adding the code to the EA. That way i can place the logic that will check for all that stuff that causes the error
Our AWESOME IMAGINATION is the true holy grail!
  • #3,536
  • May 1, 2017 10:19am May 1, 2017 10:19am
Quoting alesridl
Folks, 37.6 works or not? Thanks for fast response. A.
Folks the major change for v37.6 is an improvement on how the EA gets the correct suffix pairs.
This applies especially for those using brokers with multiple suffixes.
if u r using any of the previous versions u run the risk that the EA will get the wrong suffix. That EA will not open trades and will not alert u to this either.

For those of u that dont use a broker with multi suffixes the benefit is that the EA will load faster and open trades faster.

So whwtever errors u may experience when using v37.6 would more becrelated to the indicator with that famous zero divide
Our AWESOME IMAGINATION is the true holy grail!
  • #3,537
  • Edited 10:33am May 1, 2017 10:21am | Edited 10:33am
I use demo fxdd.

Today result... almost 250 trade (10080 and 43200)(trade lvl 0 - 10) (TF and FT) GMT 07:00 = -19.400 dolar

Try openin (timeframe 240) trade lvl 2 (TF and FT) GMT 18:00 = +90 dolar.
  • #3,538
  • May 1, 2017 10:30am May 1, 2017 10:30am
Quoting Norg
{quote} You're right about daily resistance and retracement, but the CCFp indicator is not at all designed to detect them it only should look at weekly trend. That's why I Wonder whether you have different settings (would you mind to have a look at yours and post them?) I surely will post my weekly results. Markets were thin in Europe, so I believe we shouldn't trade today at all, and rather start tomorrow Tuesday which would be in fact Monday for markets... On top of all, we're in NFP week, too...
Hi, i Want to clarify that the ccfp-diff indicator does not look at any trend.what it does is determine the strength of an individual curremcy by calculating its position based on somw criteria. For example if u look at rhe CMStrength indicator you will see that the currency strength is determined by the ratio of the close - open to the entire range (high -low). FerruxFx's indicator goes a step farther in that it uses calculations to first extract the strength of each currency by using some formula to extract that value. Then once u have each currency and its strength then u just pair the strong against the week.

They key to the solution is to first get the valid pairs from the broker. Since thwt code was written 10yrs ago, that was not needexback then since few brokers used suffixes back then.
Our AWESOME IMAGINATION is the true holy grail!
  • #3,539
  • May 1, 2017 10:32am May 1, 2017 10:32am
Quoting Paket
I use demo fxdd. Today result... almost 250 trade (10080 and 43200)(trade lvl 0 - 10) (TF and FT) GMT 07:00 = -18.000 dolar Try openin (timeframe 240) trade lvl 2 (TF and FT) GMT 18:00 = +90 dolar.
I have also used fxdd. I didnt realize that they had a max limit on trades. Perhaps it is the type of account you activated that hasthat maxlimit
Our AWESOME IMAGINATION is the true holy grail!
  • #3,540
  • May 1, 2017 10:41am May 1, 2017 10:41am
Quoting xmess7
{quote} Hi, i Want to clarify that the ccfp-diff indicator does not look at any trend.what it does is determine the strength of an individual curremcy by calculating its position based on somw criteria. For example if u look at rhe CMStrength indicator you will see that the currency strength is determined by the ratio of the close - open to the entire range (high -low). FerruxFx's indicator goes a step farther in that it uses calculations to first extract the strength of each currency by using some formula to extract that value. Then once u have...
Strength of a currency is anyway reflected in its trending. If EUR is strong, then it should trend up against most of other currencies, and vice versa. More, since there are Moving Average input parameters present in CCFp indicator parameters' list, then they are definitey used in calculations, and since MA is a trending indicator itself, there's a good correlation between strength of a currency and its' trending up.
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