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CCFp weekly signals (set and forget basket trading)

  • #5,901
  • May 30, 2017 5:31am May 30, 2017 5:31am
Quoting FxMadness
Another thing that people do not know it that MT4 does not closes a bar on time it opens a new one on arrival of a tick for that symbol outside the current bars time range. MT4 is tick driven, not time driven. Is there a difference yes there is, and it could be a big one depending on your settings. Lets say you use daily signals and you set the GMT time of xmess7 EA to start exactly at the open of day loaded on a EURUSD (high tick vol pair) chart. I presume that the X7 uses a timer to watch the start time so at day open the EA starts to trade. For...
Hi , so from that , what is the way to go around that ???
and how is it affecting our trades..???
Curious!!!
Alex
  • #5,902
  • May 30, 2017 5:45am May 30, 2017 5:45am
Quoting agagukalex
{quote} Hi , so from that , what is the way to go around that ??? and how is it affecting our trades..??? Curious!!! Alex
Suppose you are some kind of directional indicator for 28 pairs that uses the previous bar loaded on a EURUSD chart.
As soon as the EURUSD tick comes in and it signals a new bar the indicator starts looking at the open and close of the previous a bar for the direction.
If at that point there has not been a tick for one of the pairs the indicators is (seen in time) not looking at the previous bar but the bar before that (again seen in time).

Strength indicators are even more complex because they use multiple symbols to calculate a currency strength.
What if four of them did not received a tick yet ?

You can not do anything about that because setting a start time of 7:02 GMT does not guarantee that the indicator did this correct.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #5,903
  • May 30, 2017 5:56am May 30, 2017 5:56am
Quoting FxMadness
{quote} Suppose you are some kind of directional indicator for 28 pairs that uses the previous bar loaded on a EURUSD chart. As soon as the EURUSD tick comes in and it signals a new bar the indicator starts looking at the open and close of the previous a bar for the direction. If at that point there has not been a tick for one of the pairs the indicators is (seen in time) not looking at the previous bar but the bar before that (again seen in time). Strength indicators are even more complex because they use multiple symbols to calculate a currency...
ok let say that we start let say 5 or 10 minutes later ..??? just thinking ...
ALex
  • #5,904
  • Edited 6:15am May 30, 2017 6:03am | Edited 6:15am
FXDD and FXCM demo screen. same indicators but it seem different time ...
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  • #5,905
  • May 30, 2017 6:06am May 30, 2017 6:06am
Quoting agagukalex
{quote} ok let say that we start let say 5 or 10 minutes later ..??? just thinking ... ALex
That depends on how the multi pair indicator works.
If it runs on a seconds timer or even on ticks and it looks for every symbol separately if the current bar is closed and than generate a signal for that pair the delay would be a solution.
If you are using a multi pair indicator that triggers and calculates for all pairs on the current (chart) bar close that still would be a problem because the pair trade list would (sorry could) still be wrong.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #5,906
  • May 30, 2017 6:08am May 30, 2017 6:08am
Quoting FxMadness
{quote} Sloppy coding from me. Do not forget the two new inputs at the end. {file} {file}
Yeah that looks better! Thanks for your effort!
Life is like a snickers, its full of nuts!
  • #5,907
  • May 30, 2017 6:25am May 30, 2017 6:25am
hi, im using the system live on MTF London open.
I have some pairs with high spreads (10 -15 pips). Do you think it would be better to disable this "expensive" pairs?
So sometimes the basket startet "deep Red" because of the spreads

Thank you for answer.
  • #5,908
  • Edited 6:39am May 30, 2017 6:28am | Edited 6:39am
Quoting ckyon1
Today's trade ended at a loss very quickly. {image}
HI you're not alone ....
i don't think i can see today one positive basket ... i saw it before and soon disappeared ... never mind ,,,
virtual basket tells me roughly how is the day
and Css which measures the speed at which market is flying is also a good warning not to go live and demo only ...
But the same methods on another system yesterday was so guud !!
So this method works on other systems too .... didnt know it and was a nice discovery ...
some times not to know things it's much better ...
In the end we got so much help but The Best Indicator its ourselves and our Intuition
https://www.forexfactory.com/showthr...47#post9921447
Post 5,763 Post 5,764 Post 5,765 Post 5,766 Post 5,767
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The arriving better than the arrival, the journey has just started
  • #5,909
  • May 30, 2017 6:35am May 30, 2017 6:35am
Quoting JamieA
hi, im using the system live on MTF London open. I have some pairs with high spreads (10 -15 pips). Do you think it would be better to disable this "expensive" pairs? So sometimes the basket startet "deep Red" because of the spreads Thank you for answer.
I dont think you should disable them, in my experience those pairs with high spreads also move the fastest, which means if the CCFp indicators and trends are in your favour, they should recover the spreads quickly and propel you into profit faster, otherwise you will reduce the number of pairs in your basket and make your TP harder to reach...

Just my opinion though!
Life is like a snickers, its full of nuts!
  • #5,910
  • May 30, 2017 6:39am May 30, 2017 6:39am
Quoting firewight
{quote} I dont think you should disable them, in my experience those pairs with high spreads also move the fastest, which means if the CCFp indicators and trends are in your favour, they should recover the spreads quickly and propel you into profit faster, otherwise you will reduce the number of pairs in your basket and make your TP harder to reach... Just my opinion though!
Last week i did that mistake to take 2 currencies from my multi basket set up and when it came back from DD into profit zone , compared to another trader that works on the set up as me , i was like 110 piips behind ...
just saying !!
Alex
  • #5,911
  • May 30, 2017 6:50am May 30, 2017 6:50am
Quoting JamieA
hi, im using the system live on MTF London open. I have some pairs with high spreads (10 -15 pips). Do you think it would be better to disable this "expensive" pairs? So sometimes the basket startet "deep Red" because of the spreads Thank you for answer.
Watch your spreads for a day and see if they lower after the different opens.
I might be worth to wait some time before you open the basket.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #5,912
  • May 30, 2017 6:53am May 30, 2017 6:53am
My trade for today, close all trade manually after 20 minutes lol
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  • #5,913
  • May 30, 2017 7:07am May 30, 2017 7:07am
Quoting Abah5
My trade for today, close all trade manually after 20 minutes lol {image}
What settings are used ?
  • #5,914
  • May 30, 2017 7:09am May 30, 2017 7:09am
Quoting agagukalex
{quote} ok let say that we start let say 5 or 10 minutes later ..??? just thinking ... ALex
Load ccfp-diff FF TL1 on a M1 EURUSD chart.
Watch the bar close timer and the selected pairs when the timer reaches 00:00.
They do not only change at 00:00 but also change in the second(s) after that.
It does not happen all the time but it happens.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #5,915
  • May 30, 2017 7:20am May 30, 2017 7:20am
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. Am 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}
ACIT,
I don't think I got you well. First I can see 3 indicators, all using the weekly TF, but they are all different, some giving more pairs than some. Also, can you please give me 1 or 2 examples of how you will use the Candle Direction of the EA and the signals from CCFp to manually enter the trades. More clarity will do. Thanks always, for your help.
Don't Buy after a Rally, Don't Sell after a Drop
  • #5,916
  • May 30, 2017 7:43am May 30, 2017 7:43am
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}
Acit, look at my chart. It does not look like yours. Am I doing something wrong?

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Don't Buy after a Rally, Don't Sell after a Drop
  • #5,917
  • May 30, 2017 7:56am May 30, 2017 7:56am
Quoting fibo38
{quote} What settings are used ?
L2-3,1440 TF, FF-TF,default-(5-10)-(1-2)-(9-12) MA all trade open at 8.40 GMT
  • #5,918
  • May 30, 2017 8:18am May 30, 2017 8:18am
do you use always this settings in daily?
Quoting Abah5
{quote} L2-3,1440 TF, FF-TF,default-(5-10)-(1-2)-(9-12) MA all trade open at 8.40 GMT
  • #5,919
  • May 30, 2017 8:26am May 30, 2017 8:26am
Quoting Joseph95
do you use always this settings in daily? {quote}
yes i use those setting for my daily trade, i discard the False-True and True-True setting since it always yield loss for me
  • #5,920
  • May 30, 2017 8:35am May 30, 2017 8:35am
Quoting Abah5
My trade for today, close all trade manually after 20 minutes lol {image}
So it give you 18 baskets total right ???
how many trades total ??
would you trade that on live ???
I am curious
alex
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