CCFp weekly signals (set and forget basket trading) | Page 235 | 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)

  • #4,681
  • May 12, 2017 8:08am May 12, 2017 8:08am
Maybe someone can help me out, I've been demo trading this strategy for the past two weeks, and have had literally zero success. I am trying multiple timeframes, with different trade levels right now, and every single basket is always coming up negative. Currently I am daily trading D1 and W1 signals with trade levels 2, 5, and 9 all with TF. Am I doing something wrong? Everyone else seems to be making pips so I imagine something must be wrong on my end.
  • #4,682
  • May 12, 2017 8:09am May 12, 2017 8:09am
Quoting Erebus
{quote} Thanks for that, it will be handy for all types of trading If you have used it for awhile, what do you recommend for this situation where we might open a London basket for 10 hours and the New York basket for 7 hours? I would guess the 4 hour setting? Thanks, John
This is something that is yet to be figured out completely and requires a bit further testing from me.
As a general rule you can select the H4 which will calculate on the H4 candle the differences.
However if you want to make a calculation based on the H4 candles, but for 8 hours you select H4 and for setting 'Time Frame Count' select '2' This then looks at the last 2 candles of H4. This can be applies to any time frame. i.e. Instead of making calculations on the D1 frame, you can select H1 and 'time frame count '24'. The difference is that the calculation is using 24 hours of data this way. The results at the END of the day will be the same but throughout the day it will be different.

Refer to this post for more information from the amazing indicator developer: https://www.forexfactory.com/showthr...90#post8324890
  • #4,683
  • May 12, 2017 8:25am May 12, 2017 8:25am
Quoting traderchris4
Maybe someone can help me out, I've been demo trading this strategy for the past two weeks, and have had literally zero success. I am trying multiple timeframes, with different trade levels right now, and every single basket is always coming up negative. Currently I am daily trading D1 and W1 signals with trade levels 2, 5, and 9 all with TF. Am I doing something wrong? Everyone else seems to be making pips so I imagine something must be wrong on my end.
Perhaps you are changing your settings too quickly, every setting has a losing day, you need to give enough sample time to each setting to know if it will work out in the long run, changing all the time you could just be having a run of bad luck.

Pick the basic setting and stick with it for a longer period of time, there's no rush...
Life is like a snickers, its full of nuts!
  • #4,684
  • May 12, 2017 8:36am May 12, 2017 8:36am
Quoting traderchris4
Maybe someone can help me out, I've been demo trading this strategy for the past two weeks, and have had literally zero success. I am trying multiple timeframes, with different trade levels right now, and every single basket is always coming up negative. Currently I am daily trading D1 and W1 signals with trade levels 2, 5, and 9 all with TF. Am I doing something wrong? Everyone else seems to be making pips so I imagine something must be wrong on my end.
You are over complicating it. Use default settings and be patient.
  • #4,685
  • May 12, 2017 8:38am May 12, 2017 8:38am
Trading the news....oompa loompa... lol

Attached Image (click to enlarge)
Click to Enlarge Name: vNHts.png Size: 61 KB
"What would you attempt to do, if you knew your success was a certainty?"
  • #4,686
  • May 12, 2017 8:39am May 12, 2017 8:39am
Quoting firewight
{quote} Perhaps you are changing your settings too quickly, every setting has a losing day, you need to give enough sample time to each setting to know if it will work out in the long run, changing all the time you could just be having a run of bad luck. Pick the basic setting and stick with it for a longer period of time, there's no rush...
You are so right on that !!!
one systeme is great for 3 weeks and we are happy and as soon as it brings one negative result we are ready to change everything ...
If we keep on our mind that there is no holy grail ... we have to give more than 3 or 4 weeks testings to give a final decision ...
This system is more efficient than everything i saw since 7 years ...
The golden word here is patience ...
it will come to us ... there is so many ways to make pips with this system .. take the time ..
Wish tons of pips to all !!
Alex
  • #4,687
  • May 12, 2017 9:06am May 12, 2017 9:06am
Quoting Fxentropy
Trading the news....oompa loompa... lol {image}
43200??
  • #4,688
  • May 12, 2017 9:38am May 12, 2017 9:38am
Quoting BryanFX
{quote} 43200??
Might be old news
It takes a lot for me to IGNORE you, but you can try.
  • #4,689
  • May 12, 2017 9:46am May 12, 2017 9:46am
Quoting Erebus
{quote} Might be old news
LOL...
"What would you attempt to do, if you knew your success was a certainty?"
  • #4,690
  • May 12, 2017 9:47am May 12, 2017 9:47am
Quoting traderchris4
Maybe someone can help me out, I've been demo trading this strategy for the past two weeks, and have had literally zero success. I am trying multiple timeframes, with different trade levels right now, and every single basket is always coming up negative. Currently I am daily trading D1 and W1 signals with trade levels 2, 5, and 9 all with TF. Am I doing something wrong? Everyone else seems to be making pips so I imagine something must be wrong on my end.
Try using weekly signals (10080) with trade level 2 and settings False/True the time London opens.
Or daily signals (1440) trade level 2 and settings True/False the same time.
Right now I have 38 baskets open with different settings since this morning, and 32 of them are profitable at +2600 pips. Not bad for a day.
  • #4,691
  • May 12, 2017 9:48am May 12, 2017 9:48am
Quoting Fxentropy
Trading the news....oompa loompa... lol {image}
Drawdown!
  • #4,692
  • May 12, 2017 9:51am May 12, 2017 9:51am
Quoting prokopisl
{quote} Try using weekly signals (10080) with trade level 2 and settings False/True the time London opens. Or daily signals (1440) trade level 2 and settings True/False the same time. Right now I have 38 baskets open with different settings since this morning, and 32 of them are profitable at +2600 pips. Not bad for a day.
" 38 baskets open with different settings since this morning" ??

geez.....thats hard work mate! Keep it up and please post your results, thx!
"What would you attempt to do, if you knew your success was a certainty?"
  • #4,693
  • May 12, 2017 10:03am May 12, 2017 10:03am
Quoting Fxentropy
{quote} " 38 baskets open with different settings since this morning" ?? geez.....thats hard work mate! Keep it up and please post your results, thx!
Back in the real world with 38 baskets down 1000 pips to start unless get lucky.
  • #4,694
  • May 12, 2017 10:12am May 12, 2017 10:12am
Quoting agagukalex
{quote} You are so right on that !!! one systeme is great for 3 weeks and we are happy and as soon as it brings one negative result we are ready to change everything ... If we keep on our mind that there is no holy grail ... we have to give more than 3 or 4 weeks testings to give a final decision ... This system is more efficient than everything i saw since 7 years ... The golden word here is patience ... it will come to us ... there is so many ways to make pips with this system .. take the time .. Wish tons of pips to all !! Alex
Words from wise man
Goal of a successful trader is to make the best trades. Money is secondary
  • #4,695
  • May 12, 2017 10:16am May 12, 2017 10:16am
Quoting Fxentropy
{quote} " 38 baskets open with different settings since this morning" ?? geez.....thats hard work mate! Keep it up and please post your results, thx!
Yes, I am running 12 MT4 at a VPS, and each MT4 has 3-4 baskets open.
I will try to post the results tomorrow, that's a hard work...
  • #4,696
  • May 12, 2017 10:27am May 12, 2017 10:27am
Quoting prokopisl
{quote} Yes, I am running 12 MT4 at a VPS, and each MT4 has 3-4 baskets open. I will try to post the results tomorrow, that's a hard work...
I BET!!

please PM me with what VPS you are using....thanks!

have a good weekend!
"What would you attempt to do, if you knew your success was a certainty?"
  • #4,697
  • May 12, 2017 10:36am May 12, 2017 10:36am
10080 setting trade level 3 basket lost about 80 pips opening at 13:30. However I've had a lot of positive results from H1/H4 and H4/D1 combinations. I opened a basket at 12:31 for red news with H1/H4 time frames and gained about 110 pips. Another 2 baskets at 13:30 with H1/H4 and H4/D1 time frames. That netted another 130 pips. I will be opening up another basket at 17:01 with H1/H4 settings to see if it will work on pullbacks. Demo account results are in my trade explorer.
  • #4,698
  • May 12, 2017 10:41am May 12, 2017 10:41am
Quoting Fxentropy
{quote} I BET!! please PM me with what VPS you are using....thanks! have a good weekend!
I cannot PM yet buddy, I am a junior member. Maybe you can PM me?
I have made an extensive research for a VPS, I am sure I can help you with that.
Regards.
  • #4,699
  • May 12, 2017 10:51am May 12, 2017 10:51am
Weekly signals on daily mode..Quite good for one day..Basket was opened today at 9AM Gmt and will be closed at New York close..Settings here https://www.forexfactory.com/showthr...35#post9832535
Attached Image (click to enlarge)
Click to Enlarge Name: 1FRIDAY.png Size: 35 KB
Goal of a successful trader is to make the best trades. Money is secondary
  • #4,700
  • May 12, 2017 10:56am May 12, 2017 10:56am
Basket was opened today with settings as seen in screenshot..Drawdown is pretty impressivve..
Attached Image (click to enlarge)
Click to Enlarge Name: TODAY.png Size: 37 KB
Goal of a successful trader is to make the best trades. Money is secondary
8 traders viewing now