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CCFp weekly signals (set and forget basket trading)

  • #5,481
  • May 24, 2017 4:39pm May 24, 2017 4:39pm
You have to decide on sl/tp/lock for every basket you trade separately taking the number of pairs and period in account.

Reaching 500 pips tp with 20 pairs is a hell of a lot easier than with 2 pairs and also easier if you trade on a weekly basis and not on daily.
In fact you should look at the ADR of each basket pair and calculate the movement you can expect.
We have to start looking for an AWR indicator.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #5,482
  • May 24, 2017 5:19pm May 24, 2017 5:19pm
Quoting FxMadness
You have to decide on sl/tp/lock for every basket you trade separately taking the number of pairs and period in account. Reaching 500 pips tp with 20 pairs is a hell of a lot easier than with 2 pairs and also easier if you trade on a weekly basis and not on daily. In fact you should look at the ADR of each basket pair and calculate the movement you can expect. We have to start looking for an AWR indicator.
Well yes, 500 it's fine to reach with many pairs but what i am trying
to do here on paper, (as i have added a new option to my research)...
it is also nice to see how many times generally and on average price
is likely to reach 500 pips or trying to see the percentage/average
of how many times price is going over 300 pips_ in a week or in a month_
If i set TP to 300 of course i am likely not to know this due to the fact that if TP reached @ +300 TP i wont see it ...

I could also use the Virtual basket on other chart to see and keep track but mhmh...
or open it later (still trying things out)
or i can partially come to know it in reverse by watching how many times price didn't reach the TP ,,,
I am a Record Freak and like to see what happens
Might show later an Excel sheet to show how i keep track of things
For example interesting to know that in such "month" (20 days) on that particular basket of pairs
price reached over 400 pips (6 times)
and the rest of the time was average 300 or none ,,,
Got a smoking brain in these days today brother
The arriving better than the arrival, the journey has just started
  • #5,483
  • May 24, 2017 7:22pm May 24, 2017 7:22pm
FXMadness
Thanks that was it, 1400 to wide.





Quoting FxMadness
{quote} Display_starts_x 1400 ? i do not think your chart is that wide. Seeing the unhappy face in the upper right corner autotrading is off. Just something i noticed.
  • #5,484
  • May 24, 2017 8:41pm May 24, 2017 8:41pm
Quoting mrdfx
So trade results for today are pretty impressive. I'm running 14 baskets, 4, weekly (10080, TF, FF, L2, L3) and 10 daily (1440, TF FF, L2, L3) opening at 07:00, 09:00GMT. A total of 1622 pips profit was made. The breakdown is below. Total pips made: 3071. Total pips lost: 1449. Total pips after loss/total profit: 1622 The weekly trades are still running and will close on Friday. Overall a good day, but if you see above there was a lot of DD despite the big profit. During this testing I'll evaluate the pairs with big DD and remove them. I will add...
I see this in tradereport also, if you have removed the basket number previously, try entering -1 into the basket number, then use the dates, this solution worked for me.
Life is like a snickers, its full of nuts!
  • #5,485
  • May 24, 2017 9:36pm May 24, 2017 9:36pm
Quoting fx-amin
{quote} Green here also {image}
Hmm,
Have not been able to make any profit yet. Its always losses. Meanwhile I use the settings that are posted. Am I doing something wrong. Am beginning to loose hope. Most things that you sometimes talk about, I try to understand, but it looks like its overwhelming. Maybe if I had started with you guys in January, I would have been OK. I try as much as possible to test a few of the settings, especially the winning ones, but still am not making any headway. I don't know what to do anymore. A setting that I tried recently: Daily(1440) FT MA 3-6-5-12 Level2. It goes into profit a few pips, then goes into a big negative to end it. Am I doing something wrong? I need help, please!
Don't Buy after a Rally, Don't Sell after a Drop
  • #5,486
  • May 24, 2017 9:39pm May 24, 2017 9:39pm
Quoting Wallaa
{quote} Hmm, Have not been able to make any profit yet. Its always losses. Meanwhile I use the settings that are posted. Am I doing something wrong. Am beginning to loose hope. Most things that you sometimes talk about, I try to understand, but it looks like its overwhelming. Maybe if I had started with you guys in January, I would have been OK. I try as much as possible to test a few of the settings, especially the winning ones, but still am not making any headway. I don't know what to do anymore. A setting that I tried recently: Daily(1440) FT...
Stick to TF and FF, most people are finding these more reliable...

Also, give yourself more time for testing, a few days is not enough because you need to fully understand what you are doing, bouncing from setting to setting quickly will not help, because every setting has a bad day sometimes, it depends where you jump into the testing curve...
Life is like a snickers, its full of nuts!
  • #5,487
  • May 24, 2017 9:49pm May 24, 2017 9:49pm
Quoting Wallaa
{quote} Hmm, Have not been able to make any profit yet. Its always losses. Meanwhile I use the settings that are posted. Am I doing something wrong. Am beginning to loose hope. Most things that you sometimes talk about, I try to understand, but it looks like its overwhelming. Maybe if I had started with you guys in January, I would have been OK. I try as much as possible to test a few of the settings, especially the winning ones, but still am not making any headway. I don't know what to do anymore. A setting that I tried recently: Daily(1440) FT...
You might want to change the indi setting to either FF or TF, as far as my experience using this system TT and FT setting yield bad result, also pay attention to the time the EA start trading, 1 hour difference can make a huge difference here either you will profit some more or lose less. I myself using Forex pinbar starting trading hour which is 9 GMT . sorry if my english is terrible , it's not my native language hope it helps
  • #5,488
  • May 24, 2017 10:02pm May 24, 2017 10:02pm
HI Guys how do you keep your records ?
I Found that having written down all on paper at the end of the day
when i check results
helps me seeing which of the Baskets/Methods and Mode and Time so on ...are more reliable _
Here is a Excel sheet how i do it
It's different from the previous Excel posted as new requirement came up
so this is more complete id anyone wants to use it _
Can modify colors of course to your liking ... someone had asked for a word doc style
so posted that too_
I like to keep all record of Opening time closing, which SL/TP i used
and also i find it important to view of Max/Min Pips as it gives me ideas
about how price can go far high or far low in certain market conditions
and take it as reference for the future ...
PLS NOTE Inside Excel sheet there are two pages Daily-Weekly Records / and page All Possible Tf
so the sheet posted on here it's in Daily weekly Records page 2 of Excel
but if you have a good idea always nice to show
Attached Image (click to enlarge)
Click to Enlarge Name: Excel sheet Records-.jpg Size: 942 KB
Attached File(s)
File Type: docx Ccfp-diff Trade Types.docx   23 KB | 368 downloads
File Type: xlsx CCfp-diff Trade Types -zx.xlsx   25 KB | 362 downloads
The arriving better than the arrival, the journey has just started
  • #5,489
  • Edited 10:17pm May 24, 2017 10:04pm | Edited 10:17pm
Quoting acit
Hi guys, I feel we are getting overloaded and overboard to try all possible settings of the CCFp. (I think I am going crazy,lol) I believe all settings, esp using different MA values will result in the same inconsistent result.i.e.some weeks are red pips and some will be green pips. This is because there are some weeks where we will have correction from the trend. Since CCFp is a trend indicator, and the best trend follower from my experience is by looking at the color of the current weekly or monthly body candle. Is the current weekly candle turning...

Acit,
If I understand you right, after seeing the valid pairs, do you go into the indicator, CCFp, to disable the pairs that are invalid, before the Dashboard activates the valid pairs? Which MA are you using and which setting for this: FF, TT, FT, TF.
Don't Buy after a Rally, Don't Sell after a Drop
  • #5,490
  • May 24, 2017 10:21pm May 24, 2017 10:21pm
Quoting firewight
{quote} Stick to TF and FF, most people are finding these more reliable... Also, give yourself more time for testing, a few days is not enough because you need to fully understand what you are doing, bouncing from setting to setting quickly will not help, because every setting has a bad day sometimes, it depends where you jump into the testing curve...
Thanks bro! Well apreciated!
Don't Buy after a Rally, Don't Sell after a Drop
  • #5,491
  • May 24, 2017 10:27pm May 24, 2017 10:27pm
Quoting Abah5
{quote} You might want to change the indi setting to either FF or TF, as far as my experience using this system TT and FT setting yield bad result, also pay attention to the time the EA start trading, 1 hour difference can make a huge difference here either you will profit some more or lose less. I myself using Forex pinbar starting trading hour which is 9 GMT . sorry if my english is terrible , it's not my native language hope it helps
Abah5,
Thanks for the help. Your language was perfect. You did very well. I understood all you said.
Don't Buy after a Rally, Don't Sell after a Drop
  • #5,492
  • May 24, 2017 10:57pm May 24, 2017 10:57pm
Quoting jenbols
HI Guys how do you keep your records ? I Found that having written down all on paper at the end of the day when i check results helps me seeing which of the Baskets/Methods and Mode and Time so on ...are more reliable _ Here is a Excel sheet how i do it It's different from the previous Excel posted as new requirement came up so this is more complete id anyone wants to use it _ Can modify colors of course to your liking ... someone had asked for a word doc style so posted that too_ I like to keep all record of Opening time closing, which SL/TP i...
Awesome work mate!

I take screen captures of every day/basket and saving them for later analysis. I find I dont really have time to keep the spreadsheet records, I tried but there was just too much information...

I need someone to do data entry LOL!
Life is like a snickers, its full of nuts!
  • #5,493
  • May 24, 2017 11:06pm May 24, 2017 11:06pm
I see, You must be good with your computer and fast too !
.. i use to have my nice neighbor to fill data for me, but lol,,,, i wouldn't trust anyone a this point ..
messy, messy work eheh ... I luv doing it myself ..i know time is never enough
but i will do that only for 3 months or so, just to see which of the methods is good ...
I need to Rank all days and all results in a sheet that it is easy for the eye to spot
and be very self confident about which TF which level and Day and Time to use ...
Nothing i never sure 101% but generally when something has performed well or bad
it is points in our favor ....
Great is that guy who said .. if you do what you've always done, you will get what you've always got
Greens to you

Quoting firewight
{quote} Awesome work mate! I take screen captures of every day/basket and saving them for later analysis. I find I dont really have time to keep the spreadsheet records, I tried but there was just too much information... I need someone to do data entry LOL!
The arriving better than the arrival, the journey has just started
  • #5,494
  • May 25, 2017 12:05am May 25, 2017 12:05am
Quoting xmess7
Ok folks Done for the week. Today it took 11hrs. Settiings: W1 T,F level 2 mode:weekly 11gmt Wow one more profitable week and the account doubles. This is the 10th straight profitable week and yes it is live. Started with $2000.. current balance; $3912 Enjoy {image}
Hi xmess7, are you increasing your lot size each week to achieve the higher dollar value requirement of the 7-10%?

If not, the pips required would get higher and higher each week to reach the % you want with a lower lot size, because your account is growing...

Just wondering how you are handling this aspect of it.

Cheers!
Life is like a snickers, its full of nuts!
  • #5,495
  • May 25, 2017 12:37am May 25, 2017 12:37am
Quoting Wallaa
{quote} Acit, If I understand you right, after seeing the valid pairs, do you go into the indicator, CCFp, to disable the pairs that are invalid, before the Dashboard activates the valid pairs? Which MA are you using and which setting for this: FF, TT, FT, TF.
Before today I manually disable each pairs, today I will be using 1 chart and 1 Dashboard Ea on Live mode...I will manually click buy sell pairs that corresponds with the Candle Direction of the EA and the signals from CCFp.

Iam going to use FF, TF and FT default settings on the CCFp indicator.

TP and SL set to 200pips.

My chart now looks like this:

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 122 KB


Attached File(s)
File Type: mq4 MP_Dashboard V1 basket example.mq4   86 KB | 562 downloads
  • #5,496
  • May 25, 2017 1:01am May 25, 2017 1:01am
Quoting firewight
{quote} Hi xmess7, are you increasing your lot size each week to achieve the higher dollar value requirement of the 7-10%? If not, the pips required would get higher and higher each week to reach the % you want with a lower lot size, because your account is growing... Just wondering how you are handling this aspect of it. Cheers!
Nope. I only increase the lotsize when the balance doubles.

Example. 0.1 Lots starting at $2000 balance.
So then when $4000, will use 0.2. when $8000 will use 0.4 etc

To say the truth I have not noticed the increase as much. On average at the moment I have seen 340-350 pip gain just to get to 7%. I don't remember what it was before when the account was lower, you are probably correct it must of been lower but I really was not paying attention to that, I was paying attention more to the %.
Perhaps moving forward I will increase the lotsize every 50% increase but for now I will leave it and only increase the lotsize each time the account reaches 100%.
Our AWESOME IMAGINATION is the true holy grail!
  • #5,497
  • May 25, 2017 1:18am May 25, 2017 1:18am
Quoting acit
{quote} Before today I manually disable each pairs, today I will be using 1 chart and 1 Dashboard Ea on Live mode...I will manually click buy sell pairs that corresponds with the Candle Direction of the EA and the signals from CCFp. Iam going to use FF, TF and FT default settings on the CCFp indicator. TP and SL set to 200pips. My chart now looks like this: {image} {file}
Question,

So if for example EURUSD was a signal on all 3 CCFp indicators, you would enter 3 positions on EURUSD to simulate the 3 different baskets?
Life is like a snickers, its full of nuts!
  • #5,498
  • May 25, 2017 1:19am May 25, 2017 1:19am
Quoting firewight
{quote} Question, So if for example EURUSD was a signal on all 3 CCFp indicators, you would enter 3 positions on EURUSD to simulate the 3 different baskets?
Yes exactly..
  • #5,499
  • May 25, 2017 2:25am May 25, 2017 2:25am
Quoting acit
{quote} Before today I manually disable each pairs, today I will be using 1 chart and 1 Dashboard Ea on Live mode...I will manually click buy sell pairs that corresponds with the Candle Direction of the EA and the signals from CCFp. Iam going to use FF, TF and FT default settings on the CCFp indicator. TP and SL set to 200pips. My chart now looks like this: {image} {file}
Did you write the program? I used to look for source files for similar functionality. thank you

kanny
  • #5,500
  • May 25, 2017 2:37am May 25, 2017 2:37am
Quoting mrdfx
So trade results for today are pretty impressive. I'm running 14 baskets, 4, weekly (10080, TF, FF, L2, L3) and 10 daily (1440, TF FF, L2, L3) opening at 07:00, 09:00GMT. A total of 1622 pips profit was made. The breakdown is below. Total pips made: 3071. Total pips lost: 1449. Total pips after loss/total profit: 1622 The weekly trades are still running and will close on Friday. Overall a good day, but if you see above there was a lot of DD despite the big profit. During this testing I'll evaluate the pairs with big DD and remove them. I will add...
Would you please give a screen shot of your weekly and daily settings....
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