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CCFp weekly signals (set and forget basket trading)

  • #3,541
  • May 1, 2017 11:00am May 1, 2017 11:00am
Quoting Norg
{quote} 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.
I see. Remember Trend is a perception not a definition .
In my case I tend to think that when u are using an MA that you are looking at the position of the price in relation to the MA. That does not necessarily define a trend, it's just one point over/below a curved line.
So again it's just perception not really definition.
In fact according to one of my buddies there really is NO TREND. That can is easily proven when you look at a tick chart.

LOL wrap your mind around that one LOL
Our AWESOME IMAGINATION is the true holy grail!
  • #3,542
  • May 1, 2017 11:47am May 1, 2017 11:47am
Quoting xmess7
{quote} hi lordgbengs: I assume you mean that the Range hours you set do not match the GMT current time being displayed? To determine if the current GMT is correct compare that hour with what is on this page https://time.is/GMT or google it. according to your settings you are telling the EA to open a basket between the hours 16:30 and 17:00 Looks like a basket was opened based on the profitlock message. I see no problems with your display
Hi Xmess

My issue is this

At the moment Gmt time is 16:43 based on the link you sent, my broker is 19:43 while my local time is 15:43. However the indicator is showing that GMT current day hour is 00:44. please see shot below;
Attached Image


Please how do I resolve this time mismatch?

Thank you
D labour of a fool wearieth him cos he doesn't know how to enta d city
  • #3,543
  • May 1, 2017 12:03pm May 1, 2017 12:03pm
Has anybody tried using the reverse setting in the indicator? I wanted to open a basket of pairs in the direction of the market.....so if we are -300 on the virtual basket the reverseof the trades would kick in and hopefully the pairs traded would carry on in the same direction. Instead I have the same as normal.
  • #3,544
  • May 1, 2017 12:58pm May 1, 2017 12:58pm
Quoting lordgbengs
{quote} Hi Xmess My issue is this At the moment Gmt time is 16:43 based on the link you sent, my broker is 19:43 while my local time is 15:43. However the indicator is showing that GMT current day hour is 00:44. please see shot below; {image} Please how do I resolve this time mismatch? Thank you
What EA version are u using?
set PrintDebugInfo=true and show the Expert log.
That will show exactly what MT4 is showing for current Gmt time. That current time shoild match what u sawon the website. I hope u r using v37.6
Our AWESOME IMAGINATION is the true holy grail!
  • #3,545
  • May 1, 2017 1:40pm May 1, 2017 1:40pm
Daily
Open basket : 07:30
True
True
Currently at +500pips
  • #3,546
  • May 1, 2017 2:36pm May 1, 2017 2:36pm
nice holiday banks 430pips
Attached Image (click to enlarge)
Click to Enlarge Name: 1 may.png Size: 51 KB
  • #3,547
  • May 1, 2017 2:43pm May 1, 2017 2:43pm
is this a joke or what
Attached Image (click to enlarge)
Click to Enlarge Name: lazy.png Size: 13 KB
  • #3,548
  • May 1, 2017 2:57pm May 1, 2017 2:57pm
Quoting kimimax
nice holiday banks 430pips {image}
Well... for you it worked.. here all my daily baskets closed with -500/-600 pips... weekly are all very negative too.
  • #3,549
  • May 1, 2017 3:01pm May 1, 2017 3:01pm
Quoting henri2500
{quote} Well... for you it worked.. here all my daily baskets closed with -500/-600 pips... weekly are all very negative too.
because timing to enter in the market is very important.and guess what? timing is not the same everyday.
Take what you can, give nothing back
  • #3,550
  • May 1, 2017 3:02pm May 1, 2017 3:02pm
Quoting kimimax
is this a joke or what {image}
What do you mean?
Goal of a successful trader is to make the best trades. Money is secondary
  • #3,551
  • May 1, 2017 3:02pm May 1, 2017 3:02pm
Quoting henri2500
{quote} Well... for you it worked.. here all my daily baskets closed with -500/-600 pips... weekly are all very negative too.
It depends on how you trade it ....
what parameters you use , wich time you open ..
the way i trade it , today even with a bank holiday jpy i made 600 pips...
Don't discouraged yourself ... this is a very effective way to trade .. since 6 weeks i make profit ..sometimes small weeks and like the last one was great ..
can you imagine with 400 pips more i will get 10% in my week ... find a way to get 10% in a week other than that ??
if you have question don't hesitate to ask ...
we will help you ..
i wish you tons of green pips my friend!!! as long as you want to help yourself!!
Alex

addition : one great trader i know on this forum told me and i thnk about that everydays : SUCCESS WILL COME TO TRADERS THAT STUDY AN WORK HARD !!
  • #3,552
  • May 1, 2017 3:04pm May 1, 2017 3:04pm
Quoting agagukalex
{quote} It depends on how you trade it .... what parameters you use , wich time you open .. the way i trade it , today even with a bank holiday jpy i made 600 pips... Don't discouraged yourself ... this is a very effective way to trade .. since 6 weeks i make profit ..sometimes small weeks and like the last one was great .. can you imagine with 400 pips more i will get 10% in my week ... find a way to get 10% in a week other than that ?? if you have question don't hesitate to ask ... we will help you .. i wish you tons of green pips my friend!!!...
Thank you all for the reply. I am indeed very aware that timing and settings will determine the outcome of these baskets hugely! That is why I am testing with 8 different settings (4 daily/4 weekly). Glad to read you got very good results Alex! Just one question; which settings have you chosen for you daily approach?
  • #3,553
  • May 1, 2017 3:06pm May 1, 2017 3:06pm
Alex what settings were you using when you loaded up the EA?
  • #3,554
  • May 1, 2017 3:21pm May 1, 2017 3:21pm
Quoting Forexpinbar
{quote} What do you mean?
I cant bellive that some traders find this not profitable,
Simple set and forget
  • #3,555
  • May 1, 2017 3:28pm May 1, 2017 3:28pm
Quoting kimimax
{quote} I cant bellive that some traders find this not profitable, Simple set and forget
Because they don't take the time to understand the fundamentals of the system... they want to make 40 000 pips the first day without testing and understanding ...
trading forex takes a lot of working on yourself also .. attitude and patience is needed here big time ...
you even see people comingon the thread without reading the posts from the begining and the day after the discouraged because they don't get positive results ...
Life is life my friend!!
wich you tons of green pips !! THere is pips for everybody ..
hahaha
Alex
  • #3,556
  • May 1, 2017 3:30pm May 1, 2017 3:30pm
ok my bank holiday trade ended on manually close..
I used gmt 00.00 start on daily mode 10080 TF true/false

My tp was on 300...I had a + till over 200 but suddenly fall down to minus on end of tonight....

Maybe I have to use for daily mode the indicator with TF 1440.....Is someone using this TF? Would be that a better choise for daily mode perhaps?
" Accepting losses is the most important single investment devise "
  • #3,557
  • May 1, 2017 3:38pm May 1, 2017 3:38pm
Quoting freedom48
ok my bank holiday trade ended on manually close.. I used gmt 00.00 start on daily mode 10080 TF true/false My tp was on 300...I had a + till over 200 but suddenly fall down to minus on end of tonight.... Maybe I have to use for daily mode the indicator with TF 1440.....Is someone using this TF? Would be that a better choise for daily mode perhaps?
No i had tested it and no good results from that for myself ... keep doing it but implimment timing that when your basket is in big positive zone , you take the profit manually ... ask yourself ... in live trading ... would you let your account go in 200 pips profit and then let it go in DD deep like that ..
Have good testing !!
Alex
  • #3,558
  • May 1, 2017 3:48pm May 1, 2017 3:48pm
Quoting xmess7
{quote} What EA version are u using? set PrintDebugInfo=true and show the Expert log. That will show exactly what MT4 is showing for current Gmt time. That current time shoild match what u sawon the website. I hope u r using v37.6
I am using the v37.6, still same issue, please see expert log below;
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 43 KB


Thank you
D labour of a fool wearieth him cos he doesn't know how to enta d city
  • #3,559
  • May 1, 2017 4:05pm May 1, 2017 4:05pm
Quoting kimimax
nice holiday banks 430pips {image}
CCFp weekl signals is quite a bad ass strategy lol..Funny how it made nice pips even on Bank holidays..God bless CCFp basket trading.
Goal of a successful trader is to make the best trades. Money is secondary
  • #3,560
  • Edited 5:10pm May 1, 2017 4:53pm | Edited 5:10pm
Greetings everybody!! Finally read through the entire thread. Thank you to everyone's input. I already thanked Pinbar, XMess and others in my first post ever.

I went from clear as mud to clear as crystal to clear as ... Now, all things considered, it's a very profitable system.

Totay: I demo weekly settings with T/F, TP 500, SL 200 at 11:27 GMT. I had to reload/restart everything for 11:27, as it didn't trade at 11:00 GMT.
Results: Max positive pip: +76, hit SL at -200. It bounced back, but I sat out. Tomorrow will be a great day.

First question: I noticed that activating the candles on the chart with the EA - even though it went up or down I was still in the negative. How does one read that chart?

Thanks everybody.

PS: I did demo on OctaFX using v37.6.

Happy green pips pips to everyone
Trades don't need to be over-thought - just executed.
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