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CCFp weekly signals (set and forget basket trading)

  • #5,541
  • May 25, 2017 8:09am May 25, 2017 8:09am
Quoting me100rabh
Sorry to ask this noob question but what is the purpose of having multiple basket if we can increase/decrease the lot size in the same basket??
I do believe that originally the multiple baskets was simply a way to test and ascertain which combination produced the best results.

However...

During my testing, it has become obvious that winning baskets also offset losing baskets, acting as some kind of a basket hedge I guess. With most of the CCFp signals being better than a random direction trade, those trades that do no go into positive momentum do not really nail your account.

So, if you were treating each basket as a single "trade combination" and multiple baskets or "trade combinations" as the actual "account basket", in theory you can close all baskets at the total account P&L of your choice.

Obviously doing this increases your exposure, so its important to lower your lot sizes, or divide your intended single basket lot size by the number of baskets you are running.

And of course there is no guarantee that each basket will open the same pairs, or the same number of trades.

Just my thoughts at this stage...
Life is like a snickers, its full of nuts!
  • #5,542
  • May 25, 2017 8:22am May 25, 2017 8:22am
Close Manually
Attached Image (click to enlarge)
Click to Enlarge Name: BASKET-25.png Size: 48 KB
  • #5,543
  • May 25, 2017 8:25am May 25, 2017 8:25am
Quoting firewight
{quote} So, the CCFp indi sends the signals to the EA for the virtual basket, but you do not have a trigger in the EA to automatically open trades, then, you watch the virtual basket display, and manually open trades another way, to run but not to be managed by the EA, correct? The you close the positions via other means when you get to the P&L you want?
that is correct. the trades then have to be managed manually because the EA is not (currently) designed to trigger and manage trades in this way. if it was, that would be a dream.
  • #5,544
  • May 25, 2017 8:26am May 25, 2017 8:26am
Should someone not understand well how x-y work and Id of Ccfp-diff
here is a starter template
hopefully your computer will have a 1920 resolution to show more ccfp and with more room for them to fit
Attached Image (click to enlarge)
Click to Enlarge Name: ccfp dashboard.jpg Size: 362 KB
Attached File(s)
File Type: tpl Ccfp-diff_Dashboard.tpl   354 KB | 385 downloads
The arriving better than the arrival, the journey has just started
  • #5,545
  • May 25, 2017 8:31am May 25, 2017 8:31am
Quoting jenbols
Should someone not understand well how x-y work and Id of Ccfp-diff here is a starter template hopefully your computer will have a 1920 resolution to show more ccfp and with more room for them to fit {file} {image}
Are the Candle Direction correct or even working?

Check GBPNZD on MN and W1 for instance
It takes a lot for me to IGNORE you, but you can try.
  • #5,546
  • May 25, 2017 8:33am May 25, 2017 8:33am
Quoting Erebus
{quote} Are the Candle Direction correct or even working? Check GBPNZD on MN and W1 for instance
still checking let you kno w,,,
The arriving better than the arrival, the journey has just started
  • #5,547
  • May 25, 2017 8:37am May 25, 2017 8:37am
Quoting Abah5
Just wanted to post my daily trade for today, open at 8.40 GMT {image}
post your setting
how much is trade lebel?
how much your opening time?
how many is your opening basket?
  • #5,548
  • May 25, 2017 8:37am May 25, 2017 8:37am
Quoting Erebus
{quote} Are the Candle Direction correct or even working? Check GBPNZD on MN and W1 for instance
looks ok on weekly and ties with my my weekly on ccpf
  • #5,549
  • May 25, 2017 8:44am May 25, 2017 8:44am
Quoting nihilist23uk
{quote} looks ok on weekly and ties with my my weekly on ccpf
Are you sure? GBPNZD on Monthly & Weekly seems RED to me

Attached Image (click to enlarge)
Click to Enlarge Name: 2017-05-25_23-40-41.png Size: 114 KB
It takes a lot for me to IGNORE you, but you can try.
  • #5,550
  • May 25, 2017 8:44am May 25, 2017 8:44am
Quoting bgntrs
ok guys so i just tried playing around with the idea i mentioned before but manually of course. the idea was that if possible, from the virtual basket, those pairs that come into profit are added immediately to the real basket. if you take a look at the screenshot i've highlighted signals i took. i was messing around with hourly signals, and manually opened trades as soon as they hit 1.0 pips. this was of course a little difficult as the basket doesn't indicate if it's long or short so i had to read off the ever changing ccfp indicator. initial...
  • #5,551
  • May 25, 2017 8:46am May 25, 2017 8:46am
Quoting Erebus
{quote} Are you sure? GBPNZD on Monthly & Weekly seems RED to me {image}
This version works with closed bars. so the green one before the open bar.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #5,552
  • May 25, 2017 8:49am May 25, 2017 8:49am
Quoting Erebus
{quote} Are you sure? GBPNZD on Monthly & Weekly seems RED to me {image}
So,if your using false false,it would be correct....maybe its calculating on candle open of previous candle if your using a different setting. Havent looked at it yet.
  • #5,553
  • May 25, 2017 8:52am May 25, 2017 8:52am
Quoting FxMadness
{quote} This version works with closed bars. so the green one before the open bar.
Well, that's not much use for information then, a month back is long time, look at this week bar is 350 pips RED and the indicator say GREEN ???

Anyway to get option for user to choose a setting there?

Thanks, John
It takes a lot for me to IGNORE you, but you can try.
  • #5,554
  • May 25, 2017 8:56am May 25, 2017 8:56am
UPDATE
trades closed
1% ....66 pips after that went to 400 pips over 8 %.
So the profit lock and trailing lock is missing real bad...but profit lock and TL for all baskets
Thank you for the ones that suggest me some ea's but after tests some are bugged and some are not really what i am looking for
i also realised this morning with only 19 curencies total in the 6 baskets that it can move really fast .. but there was one currency that was contradictory (oups my english is improved LOL)
EURNZD HAD A SELL AND BUY AT THE SAME TIME IN THE LOT... SO I MADE A TEST AND I CLOSED THE SELL TRADE THAT WAS NOT IN SAME DIRECTION OF THE PREVIOUS DAY CANDLE .
bUT IT WASN'T THE BEST IDEA... IT PUT ME BEHIND WITH SOMEBODY WHO IS TRADING THE SAME SET UP AS ME FROM 100 PIPS ...
but it was a good week again
26 % profit in live account and 20% last week all with same set up
1440
9gmt open
level 2 3 4 (false false-true false)
i started with 500 tp and 500 sl BUT i realised since 2 weeks that 7% tp will be the winner.
Trade only tuesday wednesday and Thursday
Wish you tons of pips guys !!!
Alex (the happy basket trader)
  • #5,555
  • May 25, 2017 9:00am May 25, 2017 9:00am
Quoting Erebus
{quote} Well, that's not much use for information then, a month back is long time, look at this week bar is 350 pips RED and the indicator say GREEN ??? Anyway to get option for user to choose a setting there? Thanks, John
Input parameter, UseCurrent -> default = true
Attached File(s)
File Type: ex4 CCFP_Dashboard.ex4   196 KB | 262 downloads
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #5,556
  • May 25, 2017 9:02am May 25, 2017 9:02am
Quoting FxMadness
{quote} Input parameter, UseCurrent -> default = true {file}
Ah, that's awesome, thank you very much

I'll never get to bed now and the market is cranking too
It takes a lot for me to IGNORE you, but you can try.
  • #5,557
  • May 25, 2017 9:03am May 25, 2017 9:03am
Quoting Md.romanuddi
{quote} post your setting how much is trade lebel? how much your opening time? how many is your opening basket?
my setting are combination of FF and TF L2 with default, 5-12,9-12,5-10 MA combination, opening time around 2 hours with 9 open basket i don't understand trade label, hope it helps
  • #5,558
  • May 25, 2017 9:03am May 25, 2017 9:03am
Quoting agagukalex
UPDATE trades closed 1% ....66 pips after that went to 400 pips over 8 %. So the profit lock and trailing lock is missing real bad... Thank you for the ones that suggest me some ea's but after tests some are bugged and some are not really what i am looking for i also realised this morning with only 19 curencies total in the 6 baskets that it can move really fast .. but there was one currency that was contradictory (oups my english is improved LOL) EURNZD HAD A SELL AND BUY AT THE SAME TIME IN THE LOT... SO I MADE A TEST AND I CLOSED THE SELL TRADE...
Below is an example of the profit lock working. I had profit lock set at 200pips , with a 50% lock, and a set lock every 50 pips.

You can see the closed baskets all went over 200 pips and came back, and the profit lock saved the basket from going further backwards...
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 465 KB

Attached Image
Life is like a snickers, its full of nuts!
  • #5,559
  • May 25, 2017 9:07am May 25, 2017 9:07am
Quoting firewight
{quote} Below is an example of the profit lock working. I had profit lock set at 200pips , with a 50% lock, and a set lock every 50 pips. You can see the closed baskets all went over 200 pips and came back, and the profit lock saved the basket from going further backwards... {image} {image}
Yes profit lock is working for individual baskets but i am Talking about profit with ALL BASKETS AT HE SAME TIME ...
I know it works with individual i use to work with that when i use to trade only one basket daily ... but i need one that take the total pips of 6 baskets
when let say the 6 baskets get to 400 pips , it lock profit at 150 pips as my request and then the trailing steps folow as my requests..you see???
the same job but for ALL BASKETS...OR ALL PAIRS...
Alex
  • #5,560
  • May 25, 2017 9:12am May 25, 2017 9:12am
Quoting agagukalex
{quote} Yes profit lock is working for individual baskets but i am Talking about profit with ALL BASKETS AT HE SAME TIME ... I know it works with individual i use to work with that when i use to trade only one basket daily ... but i need one that take the total pips of 6 baskets when let say the 6 baskets get to 400 pips , it lock profit at 150 pips as my request and then the trailing steps folow as my requests..you see??? the same job but for ALL BASKETS... Alex
This thing has a profit/loss setting and will look at your account instead of each basket.

I havent tried to see if it will close all the trades automatically, but I can only assume it will because otherwise why have the setting at all?

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 362 KB
Life is like a snickers, its full of nuts!
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