CCFp weekly signals (set and forget basket trading) | Page 259 | Forex Factory

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CCFp weekly signals (set and forget basket trading)

  • #5,161
  • May 21, 2017 7:06am May 21, 2017 7:06am
Quoting xmess7
{quote} Hi Folks: This above quote is from the post that has the original idea for use of a virtual basket. The only real difference at this point is that now you can program the EA to also use a negative DD to trigger the real basket. I can understand how all have created "new" uses for the vbasket, nothing wrong with that after all it's just your awesome imaginations at work. About the only thing I will offer is more control of the vbasket. In the new release there is more control to the vbasket. You will be able to turn it off and on whenever...
Great as always. Its better to have
the TP higher than SL daily done by making the number set to multiply the SL. E.g if is set to 3 the TP is 3xSL. This method is better to prevent use of decimals to input higher the SL TP values. Thanks
Know News/time; WAIT for Edge Entries, MPLC Normalization, Exits & TP's..
  • #5,162
  • Edited 7:38am May 21, 2017 7:24am | Edited 7:38am
Quoting Wallaa
{quote} Hello jenbols, Greetings. I just found out about this wonderful system last week Friday. Am a little left behind, I understand a few of the things you guys talk about, like D1, L3, but what is the meaning of this "TF, TT, FT" One thing I know is they are settings. What do they mean and where do I find them. Is it in the indicator settings or EA settings? Thanks!!
Can Read more page about this thread and you will find out many things ,,,
but quickly lemme just say that TF/TT/FF are nothing but Curr and Ma use which people like to call it in reverse for short term convenience and because it is space saving when coding things _
So a Set as in
D1/L2/TF you can also read it as: Daily, Lev 2, Current/MA-Default
but if you have a set as
D1/L2/FT Daily, Lev 2, Non-Curr./Bar
It's always best to go to the source and call things by the right name as in Forex even commas are very important ...
ans speaking about this and also related to the question, do me a favor and do not download the Ccfp-diff from page 1 with (1) brackets and 1 number .... as that is wrong
This is right CCFp-Diff_[v2.0].ex4 / This is not _ CCFp-Diff_[v2.0](1).ex4
and will confuse newbies even more when loading templates with errors in the expert tab ....
Download it from here better original Ccfp-diff with no letter addition, and no double copied _
https://www.forexfactory.com/showthr...39#post2408739
The arriving better than the arrival, the journey has just started
  • #5,163
  • May 21, 2017 9:05am May 21, 2017 9:05am
Quoting jenbols
{quote} Can Read more page about this thread and you will find out many things ,,, but quickly lemme just say that TF/TT/FF are nothing but Curr and Ma use which people like to call it in reverse for short term convenience and because it is space saving when coding things _ So a Set as in D1/L2/TF you can also read it as: Daily, Lev 2, Current/MA-Default but if you have a set as D1/L2/FT Daily, Lev 2, Non-Curr./Bar It's always best to go to the source and call things by the right name as in Forex even commas are very important ... ans speaking about...
I have the CCFp indicator with the (1) behind it and it works just fine. Is there something wrong with this copy that i'm not aware of?
  • #5,164
  • May 21, 2017 9:18am May 21, 2017 9:18am
Hi , i am still looking for an EA that can manage a multi-baskets profit lock and trailing steps...
ANYBODY????
ALEX
  • #5,165
  • May 21, 2017 9:23am May 21, 2017 9:23am
Quoting bojack34
{quote} I have the CCFp indicator with the (1) behind it and it works just fine. Is there something wrong with this copy that i'm not aware of?
there is nothing wrong with it. somewhere along the line it was copied into the same folder as the original, and a (1) was automatically added to the file name so that it did not overwrite the original file. it works as per usual, if you are concerned just rename it.
Life is like a snickers, its full of nuts!
  • #5,166
  • May 21, 2017 9:36am May 21, 2017 9:36am
Quoting bojack34
{quote} I have the CCFp indicator with the (1) behind it and it works just fine. Is there something wrong with this copy that i'm not aware of?
NO there is nothing wrong in terms of the file
but what i am saying is, if some newbies like me
for example copy that file with (1) and use someone else's
template, then you r gonna get the error in the expert tab ..
you can try to reproduce it if you want _ or i can show my messages and what
people get as an error ....
If you use that wrong named File (1) in your indicator folder and load the template of someone who did it correctly
then you are gonna get the error and possibly will think that the person who gave you the template was wrong_
If you use the file and dont use template and just insert the value the normal way of course No error and all its fine ...
Rule 1 i think always best to have things by the right order and name, but that is me
others can do what they like, i just answered the question
The arriving better than the arrival, the journey has just started
  • #5,167
  • May 21, 2017 10:18am May 21, 2017 10:18am
Quoting jenbols
{quote} NO there is nothing wrong in terms of the file but what i am saying is, if some newbies like me for example copy that file with (1) and use someone else's template, then you r gonna get the error in the expert tab .. you can try to reproduce it if you want _ or i can show my messages and what people get as an error .... If you use that wrong named File (1) in your indicator folder and load the template of someone who did it correctly then you are gonna get the error and possibly will think that the person who gave you the template was wrong_...
jenbols is right.
the problem is with template not with indicator because template provided by jenbols work with CCFp-Diff_[v2.0].ex4 .
template provided by jenbols with indicator CCFp-Diff_[v2.0](1).ex4 give errors.
  • #5,168
  • May 21, 2017 10:34am May 21, 2017 10:34am
Quoting jenbols
{quote} NO there is nothing wrong in terms of the file but what i am saying is, if some newbies like me for example copy that file with (1) and use someone else's template, then you r gonna get the error in the expert tab .. you can try to reproduce it if you want _ or i can show my messages and what people get as an error .... If you use that wrong named File (1) in your indicator folder and load the template of someone who did it correctly then you are gonna get the error and possibly will think that the person who gave you the template was wrong_...
Templates are up to you of course, but i prefer to always build my own work, that way i understand exactly what is going on... those who load templates and cant figure out what the problem is need a lesson in MT4 basics 101...
Life is like a snickers, its full of nuts!
  • #5,169
  • May 21, 2017 10:52am May 21, 2017 10:52am
For me I always want my TP more than SL. I really think the idea of using ATR is great.

Quoting xmess7
{quote} Hi Folks: This above quote is from the post that has the original idea for use of a virtual basket. The only real difference at this point is that now you can program the EA to also use a negative DD to trigger the real basket. I can understand how all have created "new" uses for the vbasket, nothing wrong with that after all it's just your awesome imaginations at work. About the only thing I will offer is more control of the vbasket. In the new release there is more control to the vbasket. You will be able to turn it off and on whenever...
  • #5,170
  • May 21, 2017 11:21am May 21, 2017 11:21am
Thank you for the responses. The ratio will be TP/SL instead of SL/TP. I will add two digits to the ratio so or example you can enter 3.55. This way if the folks that want their SL to be bigger can enter 0.466 which gives them more flexibility.
Our AWESOME IMAGINATION is the true holy grail!
  • #5,171
  • May 21, 2017 11:24am May 21, 2017 11:24am
Quoting dokopy
{quote} Please, can you specify SL and TP values in pips? Instead of %.
Are u referring to the individual SL and TP?
If that is done that is mean that you are willing to accept Percent Risk/Pair as apposed to percent risk/Basket?
Example. Say you want each pair to risk 2%. Each pair is a 2% risk of balance, where as you can designate the whole basket with a 2%.

Is this ok?
Our AWESOME IMAGINATION is the true holy grail!
  • #5,172
  • May 21, 2017 11:26am May 21, 2017 11:26am
Quoting v2vboni
{quote} hello xmess7, Maybe with somewhat like this type of options. {image} thanks kindest regards, v2v
Thank you. Those are great ideas. I already have something similar but I like the features you are showing.
Thnx
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #5,173
  • May 21, 2017 1:06pm May 21, 2017 1:06pm
Hello guys, so after finding this thread and spending this last week reading ALL 259 pages I think I've caught up and understand almost everything, talk about information overload! I just registered today so that I could write this post. This thread blew my mind and was something completely new for me, and I want to thank forexpinbar, and xmess7 for all the hard work you have done, well done! Also a big thank you to claudia1, jenbols, erebus, fxentropy, admir, fibo38, and payitforward for all your contributions and testing which has helped me and I'm sure many of us here to use this trading system more effectively.

From not even knowing what basket trading was, I now have 6 different baskets set up using different time frames, and combos of TF and FF, but all on L2. I'm looking forward to seeing the results of the different baskets and which of the baskets have better or worse performance.

From what I've read and learned is that there is no real "holy grail" of the best settings as each differs depending on a range of factors, but the basic consensus from what I see is that most like trading the indicator on 10080 setting with TF, and FF, and most use L2 with some using higher levels in different baskets. Also there is a big range in what people think is the best GMT time to use as the opening time for the baskets. Claudia uses 00:00, forexpinbar 09:00, and many other use 07:00 and 08:00 all producing different results. I have followed forexpinbar and set mine to 09:00.

I do have some minor questions to ask, and I hope you can make something clear for me. If I want to trade daily instead of weekly, must I change the setting of 10080 to 1440 on the CCFp indicator or only change to daily on the EA? So will it have a effect if I leave it on 10080 on the indicator, but change the EA to daily or I will have to make both daily? I hope this makes sense.

My baskets I'm going to be testing is:

B1) 10080, TF, L2, EA weekly.
B2) 10080, FF, L2, EA weekly.
B3) 10080, TF, L2, EA Daily.
B4) 10080, FF, L2, EA Daily.
B5) 1440, TF, L2, EA Daily.
B6) 1440, FF, L2, EA Daily.

Any thoughts or suggestions? Thank you everyone.
Truth is like poetry. And most people f*cking hate poetry.
  • #5,174
  • May 21, 2017 1:38pm May 21, 2017 1:38pm
Quoting gilab
Here is the indicator I used to make the basket (by Paradox). Just input the pairs you want to trade with a comma separating them (e.g. EURUSD,GBPUSD). Then on the next line use either 1 or -1 to indicate buy or sell. {file}
This is from an older post. gilab uses and `Basket chart` witch I think can be quite useful.

My question is..
1. Can an ADR or other indicator be placed on this chart/indi. or....
2. Maybe, if I am not to forward xmess7 can look at the virtual basket and create something similar that is visual.
2.1 Pick up its own pairs from the ccfp indicator

I enjoy this indicator and think it has potential. My belief is that such an chart should also be able to be read as an normal cross or chart.

Quoting xmess7
{quote} Hi Folks: This above quote is from the post that has the original idea for use of a virtual basket. The only real difference at this point is that now you can program the EA to also use a negative DD to trigger the real basket. I can understand how all have created "new" uses for the vbasket, nothing wrong with that after all it's just your awesome imaginations at work. About the only thing I will offer is more control of the vbasket. In the new release there is more control to the vbasket. You will be able to turn it off and on whenever...
With reading a chart as above mentioned, I think SL/TP sold be easier to establish?

I hope I am making sense.

Herman
  • #5,175
  • May 21, 2017 1:41pm May 21, 2017 1:41pm
Quoting xmess7
{quote} Are u referring to the individual SL and TP? If that is done that is mean that you are willing to accept Percent Risk/Pair as apposed to percent risk/Basket? Example. Say you want each pair to risk 2%. Each pair is a 2% risk of balance, where as you can designate the whole basket with a 2%. Is this ok?
The most important is the probability of success. I want to know the optimal SL and PT in pips. After the success I will deal with the size of the account, how many% of the account I want to risk, how to change the setting of 0.01 lots and the like. (TP 10% is $ 1 from $ 100 and $ 100,000 from $ 1000000. 100 pips is always 100 pips)
Please excuse the bad English via Google Translate.
  • #5,176
  • May 21, 2017 1:42pm May 21, 2017 1:42pm
To add to the above post, please see screenshot attached.

TF 10080 TF
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 55 KB
  • #5,177
  • May 21, 2017 2:13pm May 21, 2017 2:13pm
Quoting Voelhok
{quote} This is from an older post. gilab uses and `Basket chart` witch I think can be quite useful. My question is.. 1. Can an ADR or other indicator be placed on this chart/indi. or.... 2. Maybe, if I am not to forward xmess7 can look at the virtual basket and create something similar that is visual. 2.1 Pick up its own pairs from the ccfp indicator I enjoy this indicator and think it has potential. My belief is that such an chart should also be able to be read as an normal cross or chart. {quote} With reading a chart as above mentioned, I think...
Indicators won't attach to the chart, because they attach themselves to the underlying chart that you used for the indicator (e.g. if you attached the Basket Chart indicator to a EURUSD chart, any indicator you place on the chart will appear on the EURUSD chart, not the basket chart).
  • #5,178
  • May 21, 2017 2:19pm May 21, 2017 2:19pm
Quoting gilab
{quote} Indicators won't attach to the chart, because they attach themselves to the underlying chart that you used for the indicator (e.g. if you attached the Basket Chart indicator to a EURUSD chart, any indicator you place on the chart will appear on the EURUSD chart, not the basket chart).
Yep, I have tried. :-)

But with the indi/ Basket chart you have suggested I still believe that there is potential.

If it can be treated as an normal chart.... the advantsges would be so much greater. Specially for the use of the virtual basket. Opening a trade at a certain level, etc..
  • #5,179
  • May 21, 2017 2:35pm May 21, 2017 2:35pm
Quoting Voelhok
{quote} Yep, I have tried. :-) But with the indi/ Basket chart you have suggested I still believe that there is potential. If it can be treated as an normal chart.... the advantsges would be so much greater. Specially for the use of the virtual basket. Opening a trade at a certain level, etc..
WOW Voelhok this looks great would you mind sharing this indi
Edit found the link by going back Thanks !
  • #5,180
  • May 21, 2017 2:38pm May 21, 2017 2:38pm
Quoting montego
{quote} WOW Voelhok this looks great would you mind sharing this indi
lol was just looking too - that's one hell of a lot of trades whichever way you look at it..........
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