CCFp weekly signals (set and forget basket trading) | Page 180 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

BASKET TRADE Management: Using multiple trade management EA's on basket trades 11 replies

Basket Knights - A Basket Trading Round Table 1,313 replies

Updated CCFp and CFP indis for relative strength trading 55 replies

TMS basket: Dashboard for a basket of MA-Filtered RSI Signals 135 replies

Set it & Forget it GBP and CHF signals... 6 replies

Attachments: CCFp weekly signals (set and forget basket trading)
Exit Attachments

CCFp weekly signals (set and forget basket trading)

  • #3,581
  • May 1, 2017 11:59pm May 1, 2017 11:59pm
Quoting acit
{quote} Daily basket will always auto close at 0gmt the next day...
Even if you dot set anything as time of closure?
"What would you attempt to do, if you knew your success was a certainty?"
  • #3,582
  • May 2, 2017 12:00am May 2, 2017 12:00am
Quoting firewight
{quote} Toggle that "IgnoreAllCloseHours" to true
I did that just now....thx
"What would you attempt to do, if you knew your success was a certainty?"
  • #3,583
  • May 2, 2017 12:05am May 2, 2017 12:05am
Quoting Fxentropy
{quote} Even if you dot set anything as time of closure?
Yes, otherwise set it to weekly and it will ignore the daily close...
Life is like a snickers, its full of nuts!
  • #3,584
  • May 2, 2017 12:22am May 2, 2017 12:22am
OK, so after some useful posts above and some research, I understand it better:
- CCFp parameters False/False in the CCFP-diff by default are NOT matching the default set in original CCFp (https://www.mql5.com/en/articles/1464) which states that Use_Current should be True by default;
- As soon as I switch from False to True, my signals get reverted;
- If I had traded them yesterday, I would get +700 pips by today's morning
- But this is only because we really had a strong reversion on Monday. If there were a continuation of last week's trend, there would be a loss with True setting, and win with False one;
- Some months ago I found a strategy based on fact that Monday move often defines the move for the week, so you should enter on Tuesday morning in Monday's direction;
- Conclusion: it would be interesting to see how often a Monday move is a reversal (e.g. opposite of previous week's move). If it's more than 50%, then Use_Current=True is better setting. Otherwise, Use_Current=False is better.
  • #3,585
  • May 2, 2017 12:45am May 2, 2017 12:45am
Quoting Norg
OK, so after some useful posts above and some research, I understand it better: - CCFp parameters False/False in the CCFP-diff by default are NOT matching the default set in original CCFp (https://www.mql5.com/en/articles/1464) which states that Use_Current should be True by default; - As soon as I switch from False to True, my signals get reverted; - If I had traded them yesterday, I would get +700 pips by today's morning - But this is only because we really had a strong reversion on Monday. If there were a continuation of...
Very interesting! Thanks for sharing!
  • #3,586
  • May 2, 2017 1:20am May 2, 2017 1:20am
Quoting xmess7
{quote} Well that's a new error. Error 148 mean that the broker has a max limit on how many trades an EA can make. Looks like you reached the max number of trades. Wow, if you opened one basket that doesn't seem like alot. What is the brokers name?

Ok everyone today i have set the EA as mentioned a 11 GMT and will post results I get at the end of the week. Thank you for this great EA, I am using it on a 3K XM demo account.
  • #3,587
  • May 2, 2017 1:35am May 2, 2017 1:35am
Quoting ckyon1
{quote} 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.
Hi Ckyon,

Please go page 1 download template and indicator and load the templace and attach the indicator.
Which means I don't know the setting as it is default setting.
I have just opened GMT 07:50am -8.0pips with <Max 106.1 Min -47.2>


Have green pips!
  • #3,588
  • May 2, 2017 1:48am May 2, 2017 1:48am
Quoting firewight
{quote} I cant answer about the dashboard as I have never used that. The true/false setting is a core feature of the CCFp indicator and can create vastly different results. There has been much discussion about this, so you should probably read back through the threads to get updated, however it seems everyones results may vary depending on their starting hour etc... See below. {image}

Time of entry is most important....more importnat than True/False in my view.

After all, its same like trading each pair individually, , you can guess right the direction but if your timing is wrong than you'll lose the trade.
"What would you attempt to do, if you knew your success was a certainty?"
  • #3,589
  • May 2, 2017 1:52am May 2, 2017 1:52am
Quoting Fxentropy
{quote} Time of entry is most important....more importnat than True/False in my view.
Since switching from True to False in fact reverts all signals, I would definitely not underestimate its importance...
  • #3,590
  • May 2, 2017 2:17am May 2, 2017 2:17am
Quoting Fxentropy
{quote} Time of entry is most important....more importnat than True/False in my view. After all, its same like trading each pair individually, , you can guess right the direction but if your timing is wrong than you'll lose the trade.
I agree, but

if set to false/false, the signal will be referring to the last 2 closed bars, which will not change regardless of the time of day...

if set true/false the signal may change throughout the day based on the progress of the current candle, so depending on the time of day the direction may also change, as well as the potential pairs to trade...

so both are equally important in my understanding.
Life is like a snickers, its full of nuts!
  • #3,591
  • May 2, 2017 2:18am May 2, 2017 2:18am
Quoting Norg
OK, so after some useful posts above and some research, I understand it better: - CCFp parameters False/False in the CCFP-diff by default are NOT matching the default set in original CCFp (https://www.mql5.com/en/articles/1464) which states that Use_Current should be True by default; - As soon as I switch from False to True, my signals get reverted; - If I had traded them yesterday, I would get +700 pips by today's morning - But this is only because we really had a strong reversion on Monday. If there were a continuation of...
Good observation and thanks for sharing...Knowledge they say is power..Thanks for sharing.
Goal of a successful trader is to make the best trades. Money is secondary
  • #3,592
  • May 2, 2017 2:26am May 2, 2017 2:26am
Candles are in fact time series and if you give them numbers starting from 0 to total number of bars seen on screen,

Then current candle will be 0 and previous candle will be
1 and so on.

When UseCurrent = true, indicator makes all calculations on current bar - previous bar = candle [0] - candle [1] values

When UseCurrent = false, indicator makes all calculations on candle [1] - candle[2] values.

This is why suggestions do not change till next bar if false is selected.
  • #3,593
  • May 2, 2017 3:02am May 2, 2017 3:02am
And UseBarInsteadofMa setting,

If false indicator uses ma values,

If true indicator uses Close prices.

For a more current and stable outlook, UseCurrent = true UseBarInsteadofMa=false seems to be the most optimum settings.
  • #3,594
  • May 2, 2017 3:33am May 2, 2017 3:33am
It seems like many of you love the setting TF and FF. Of course, Timing is another factor.
I currently focus only on this 2 setting. I am new into this system, however i test it in demo acc for 3 days already. For the first day, is eye opening to me where i use FF and 00:00 gmt and i got 500+ pips. No SL was set as i in testing.

Second which is yesterday, i lost a huge SL...which about -600SL in TF and FF 7.00gmt london op. setting.

Today is the third time i try with TF and FF, both at 7.00GMT (london op) setting as well. Currently running at 100+ pips for both TF and FF after struggling almost near to -200. After 4 hour they run, finally they turn into positive which is 1:1 rr.

I wan to ask everyone who in this trade, How long have you wait before until the pips run at your favor?
What timeframes in the chart u guys using , according to the rules M1, did you guys use other period before like H1 or it doest matter use whatever timeframe ?

Anyone can answer this.

Special thanks to fxpinbar and xmess for the invention. I would like to contribute in back test too! Sorry for my poor english. hope u guys understand.
  • #3,595
  • May 2, 2017 4:01am May 2, 2017 4:01am
Hi xmess7 My ea is working fine.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 65 KB
  • #3,596
  • May 2, 2017 4:01am May 2, 2017 4:01am
Hi all as I said this morning I started on the EA at 11 GMT as I was told. Here are my results so far : 3 hrs later. I leave the conclusion for you all!

The only thing I notice is that my baskets PIPS and % are not filled in. If someone can tell me if it is normal or not?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 17-05-02 12 49 04.jpg Size: 226 KB
Click to Enlarge Name: 17-05-02 12 49 20.jpg Size: 109 KB
Click to Enlarge Name: 17-05-02 12 49 43.jpg Size: 110 KB
  • #3,597
  • May 2, 2017 4:04am May 2, 2017 4:04am
Quoting acdl777
Hi all as I said this morning I started on the EA at 11 GMT as I was told. Here are my results so far : 3 hrs later. I leave the conclusion for you all! The only thing I notice is that my baskets PIPS and % are not filled in. If someone can tell me if it is normal or not? {image} {image} {image}
It looks like you manually started those trades via the dashboard?
Life is like a snickers, its full of nuts!
  • #3,598
  • May 2, 2017 4:05am May 2, 2017 4:05am
xmess7, what you think about displaying those info on chart, as are very important, instead account margin/balance & equity?
Attached Image
"What would you attempt to do, if you knew your success was a certainty?"
  • #3,599
  • May 2, 2017 4:13am May 2, 2017 4:13am
Hello, I've installed ccfp indicator mtf and 1 tf with xmt weekly monitor v37.6, but ea doesn't open any trade.
Is this ea only for monitor without opening order? so is manual?
thanks
Francesco
  • #3,600
  • May 2, 2017 4:15am May 2, 2017 4:15am
Quoting interaliam
Hello xmess7, Forexpinbar and other awesome contributors. First I would like to say thank you so much for sharing your system with all of us and for your openness to improve based on others' feedback and suggestions. I am still pretty new to this tread but I have installed the indicator and EA today on a demo account and would like to start experimenting. I have two questions so far, if you don't mind? (1) In earlier posts there was reference to a basket trade manager, like this one in the screenshot below(which in my case the labels seem to be...
interaliam:
Nothing wrong with using that trade manager. In fact one user recently used it and made 3000 pips in a couple of days. The initial idea of the ccfp_weekly EA was to emulate the rules of page 1. The only inputs that the user was to have were the open hour and TP/SL. So the EA took care of everything, opening the trades at the give hour, monitoring profit/loss and closing 1hr 10min before market close IF a basket was open. That was it... nothing else to do for the user but monitor profit.
But as you see thru the progress of the thread many suggestions have led to the current version with it's many inputs. The user can now manually enter open hours, close hours, initiate multiple basket, etc etc etc. I plan to release the source (under open source license) in a couple of weeks (after a couple of important issues are fixed), with that release I will also have a vanilla version. This vanilla version will be the original concept that I just mentioned. I think the vanilla version will also be useful for new comers. That is, if u see them confused just point them to the vanilla EA and let them get that experience (set and forget). LOL

As fer the best settings... don't know but I started using UseCurrent=False, UseBarInsteadOfMa=False, but then switched over to UseCurrent=true, UseBarInsteadOfMa=False. I have attained profit using both input setups.
Our AWESOME IMAGINATION is the true holy grail!
7 traders viewing now