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CCFp weekly signals (set and forget basket trading)

  • #6,321
  • Jun 6, 2017 7:26pm Jun 6, 2017 7:26pm
Quoting rumbaut
{quote} Hi Xmess Could I use your EA to manage orders open by EAX dashboard ? I am using another one that disable experts advisor after goal met inclusive but not easy to setup trailing equity %. Thanks Jose
IF the magic number AND trade comment match the xm7 EA, yes.
Life is like a snickers, its full of nuts!
  • #6,322
  • Jun 6, 2017 7:39pm Jun 6, 2017 7:39pm
Quoting firewight
{quote} IF the magic number AND trade comment match the xm7 EA, yes.
I will try. Thanks
  • #6,323
  • Jun 6, 2017 7:51pm Jun 6, 2017 7:51pm
Quoting xmess7
{quote} jen: Is the profit lock working on v37.7.1?? Based on the images it doesnt seem to be. The % level Youpoint to is applied to the pips gain value. The other is just a target level. It was done like that in order to ensur--------d. Thnc j
Ahya yes ... that's the right Tech Word eheh "Pips Gain Value" to be honest i really like the way it is
and if it was a bug would be best not to correct it, but it is not ... So ignoring the TP is the best
(that made me more than +2,5k pips last week) here Post 6,173

Ok Gotcha ! v37.7.5 no need to reload the EA and Reset button resets the internal variables_
About the "increase lock % after 3/4 locks", it is something i do on Manual and so i was thinking if it was possible
to be applied also on the Ea... simply because when there is more profit, more is the chance for the Market (not to suddenly reverse) but
to retrace, therefore seeing all the build up of those pips decrease...
In other words, when the bag is well filled, trying to run off by keeping as many Nutz as possible.... because that might be the last lock_
Just throwing an idea as i see it, with 2 options to see which would suit best .... and i am sure you'll have a 3rd one too...

1- Lock % Level from 3rd or even 4th Lock ____ %... so example.. the 1st/2nd/3rd as normal and will lock with the percentage
the user has selected, which could be for Ex: 50% and on the 4th lock instead of 50% it will lock 80% or more... (could be Selectable or fixed % amount)
2- Or ...Lock Level 80% if >500 pps
So when/If ... > 500 pips - a percentage of around 80 or 90% "will Override" the lock chosen before by the user, in this case as per photo 50% will be overridden_ , will be ignored...
Of course if traders do not want to use that option it will be left to zero and so all will proceed normally with their chosen Lock percent level.

  1. The Set Lock every Pips could also Be reduced when there are hundreds of Pips in the pan, and as the trade goes by ... but that is another story and perhaps too complex... someone might tell me off ihihih...

In photo just showing the option about the lock increase ....>
I don't know how you can do this with all those strings and nulls that look like snakes,,, but wow Long life to smart coders ...

Attached Image (click to enlarge)
Click to Enlarge Name: Lock level 80 percent .jpg Size: 264 KB
The arriving better than the arrival, the journey has just started
  • #6,324
  • Jun 6, 2017 7:54pm Jun 6, 2017 7:54pm
Dear Xmess7,
No words to thank you enough for all your time and effort.
As I indicated to you before and I am seeing other members express interest too is the possibility of using the reverse option.
I am really interested in being able to open two baskets at the same time one giving the opposite signal of the other. the second basket should give the option to open trade to the opposite of the first basket. All pairs showing signal in the first basket need to be reversed in the second basket not just a few.
Your time and effort are always appreciated.
doura Return Today: 0.1%
  • #6,325
  • Jun 6, 2017 8:06pm Jun 6, 2017 8:06pm
Quoting blamshakk
thanks for the reply Jenbols. I do not have the virtual basket enabled. should i? and if so what should the trigger level be? also how do i reset the EA? thanks, blam {quote}
No, best not use virtual basket ,,,, (for now) ...
you can download the new Ea here http://xm7.info/ea/ccfp_weekly/
and once you open it, look at it and you will see a green button Reset EA __Close All Trades
The arriving better than the arrival, the journey has just started
  • #6,326
  • Jun 6, 2017 9:50pm Jun 6, 2017 9:50pm
Quoting doura
Dear Xmess7, No words to thank you enough for all your time and effort. As I indicated to you before and I am seeing other members express interest too is the possibility of using the reverse option. I am really interested in being able to open two baskets at the same time one giving the opposite signal of the other. the second basket should give the option to open trade to the opposite of the first basket. All pairs showing signal in the first basket need to be reversed in the second basket not just a few. Your time and effort are always appreciated....
Doura:
Hi, I thought I had explained that there is already an option in the inputs. You just set that to true and the trades will be reverses from what the list suggests.
Wouldn't that be what you are looking for? Or is it something different? Please explain
Our AWESOME IMAGINATION is the true holy grail!
  • #6,327
  • Jun 6, 2017 10:11pm Jun 6, 2017 10:11pm
Quoting xmess7
{quote} TraderDuke as Jenbols explained you have the correct step lock. The 640pips you had, represented the next level at which the EA would check and move the lock up. The EA would then change the lock to 50% of 640 =325 pips. The idea behind this type of profit lock is that it is flexible. It gives the basket an opporinity to hit a home run. I am talking about 1 basket.. not multiple baskets. Imagine that u have a basket at 300 pips with the lock at 50% (150). Yer step is 100 pips. if yer basket can make it to say 700 pips now yer lock is at...
Xmess7 & jenbols

Thanks for the explanation. I guess the best Profitlock combination is yet to be discovered.
Ray
  • #6,328
  • Jun 6, 2017 11:28pm Jun 6, 2017 11:28pm
Hi Xmess

I want to lock 4% after profit get 5% and trail the highest equity % with 1% . The idea is to keep profit increasing without any target and as soon as the highest equity % after 5% drop 1% close all trades

Is correct that set ?
Attached Image (click to enlarge)
Click to Enlarge Name: xmess equity trail percent.png Size: 35 KB
  • #6,329
  • Jun 7, 2017 12:18am Jun 7, 2017 12:18am
Quoting rumbaut
Hi Xmess I want to lock 4% after profit get 5% and trail the highest equity % with 1% . The idea is to keep profit increasing without any target and as soon as the highest equity % after 5% drop 1% close all trades Is correct that set ? {image}
According to the inputs this is what the EA will do.
You have set Use TP/SL/ProfitLock settings to Close out MultiBaskets
This tells the EA to use these inputs to control ALL of your OPEN baskets. So any Sl/TP or profitlock that is hit the EA will close ALL baskets that are open.

The EA is setup to start looking to lock profit at 5% profit gain. From then on the EA will look every 1% increase and lock your profit at 80% of the current percent Gain.

This is the sequence the EA will go thru.
1st EA reaches 5% EA starts to lock profit. EA locks at at 0.8 of 5% = 4%
Next Lock happens at 5% + 1%=6%, EA locks profit at 0.8 of 6% = 4.8%
Next Lock is at 6% + 1%=7%, EA locks at 0.8 of 7%=5.6%
Next lock 8%, EA locks at 6.4%
Next lock 9%, EA locks at 7.2%
Next lock 10%, EA locks at 8%

So to interpret this is what is happening:
After the baskets reach 5% you get a 4% lock (check this is what you wanted).
then after each time that the total gain of the baskets moves up 1% the EA will move the lock by 0.8 of the gain at that time.
The lock is moving up but not at a 1% below the highest percent gain. As your account gets into more profit the lock from the highest percent gain is expanding.
As you can see from above. The difference from the highest to the lock is as follows:
1%, 1.2% , 1.4%, 1.6%, 1.8%, 2%
So it's a dynamic trailing stop. Remember the lock still increases it does not mean that it remains static, it is going up but not at a fixed level.

Also based on your setup this will affect ALL of the baskets that are opened.

This is not your ordinary trailing lock LOL.. it's alive LOL ... i t moves, it jives, it dances with your equity enticing it to go for more more more LOL
Our AWESOME IMAGINATION is the true holy grail!
  • #6,330
  • Jun 7, 2017 12:24am Jun 7, 2017 12:24am
Quoting xmess7
{quote} According to the inputs this is what the EA will do. You have set Use TP/SL/ProfitLock settings to Close out MultiBaskets This tells the EA to use these inputs to control ALL of your OPEN baskets. So any Sl/TP or profitlock that is hit the EA will close ALL baskets that are open. The EA is setup to start looking to lock profit at 5% profit gain. From then on the EA will look every 1% increase and lock your profit at 80% of the current percent Gain. This is the sequence the EA will go thru. 1st EA reaches 5% EA starts to lock profit. EA locks...
Hi Xmess

Awesome, np with it, that is what i wanted, the only different is the trail by fixed 1% but is ok

Is difficult to implement fixed trailing % stop ??

Thanks
Jose
  • #6,331
  • Jun 7, 2017 1:42am Jun 7, 2017 1:42am
thank you so much

Quoting jenbols
{quote} No, best not use virtual basket ,,,, (for now) ... you can download the new Ea here http://xm7.info/ea/ccfp_weekly/ and once you open it, look at it and you will see a green button Reset EA __Close All Trades
  • #6,332
  • Jun 7, 2017 2:10am Jun 7, 2017 2:10am
10 basket trade open 00 GMT closed at 7 GMT

P.S : I use virtual basket with +100 pips as the trigger lvl, in huge DD before EU and London open ( 1:1) ratio with my closed trade result
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  • #6,333
  • Jun 7, 2017 2:57am Jun 7, 2017 2:57am
Big credit to Forexpinbar for starting thread and xmess for the tireless work around the EA. Many thanks guys.

Only found thread couple of weeks ago and in reading through there seems to be an enormous number of baskets being tested with different settings and opening times. Given the fickle and constant changing nature of the market I'm wondering if we will ever find consistent settings to use week in week out ie basket opened at 7:00 GMT today makes profit, basket opened at 7:00 GMT tomorrow with same settings makes loss.

Do we need to change our focus and start looking at the pairs themselves before the trades are opened and make decisions around whether they should be included in the basket? Red news is obviously a big flag, but also things like daily range, pivots, S/R, recent major movements, recent trend etc. I know it's a dangerous area and we can get into analysis paralysis real quick with all sorts of new indicators added and end up with a frankenstein monster (not to mention complete separation from "set and forget") but some 2 minute analysis might help weed out bad pairs and set realistic TP/SL targets.

Just my 2 cents as something to consider if no consistent settings can be found.
Keep up the awesome work.
  • #6,334
  • Jun 7, 2017 3:49am Jun 7, 2017 3:49am
New world altogether, as far as trading is concerned!!
  • #6,335
  • Edited 5:32am Jun 7, 2017 4:12am | Edited 5:32am
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  • #6,336
  • Jun 7, 2017 4:15am Jun 7, 2017 4:15am
Quoting Abah5
10 basket trade open 00 GMT closed at 7 GMT P.S : I use virtual basket with +100 pips as the trigger lvl, in huge DD before EU and London open ( 1:1) ratio with my closed trade result {image}
Well done..
Goal of a successful trader is to make the best trades. Money is secondary
  • #6,337
  • Jun 7, 2017 4:23am Jun 7, 2017 4:23am
Weekly signals opened on the first trading day of this month..12736 total pips for 5 trading days. ..If trading on the first trading day of every month remains consistently profitable , I would be more than happy to trade once in a month for this huge amount of pips..Wishing you all a GREEN WEEK
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Goal of a successful trader is to make the best trades. Money is secondary
  • #6,338
  • Jun 7, 2017 4:42am Jun 7, 2017 4:42am
Quoting Forexpinbar
Weekly signals opened on the first trading day of this month..12736 total pips for 5 trading days. ..If trading on the first trading day of every month remains consistently profitable , I would be more than happy to trade once in a month for this huge amount of pips..Wishing you all a GREEN WEEK
And the good thing would be, if it wasn't, you still have the rest of the month to trade

It takes a lot for me to IGNORE you, but you can try.
  • #6,339
  • Jun 7, 2017 4:49am Jun 7, 2017 4:49am
Quoting Forexpinbar
Weekly signals opened on the first trading day of this month..12736 total pips for 5 trading days. ..If trading on the first trading day of every month remains consistently profitable , I would be more than happy to trade once in a month for this huge amount of pips..Wishing you all a GREEN WEEK {image}
WoW!!! That is phenomenal Dude Congrats (bow)
Is it only the first day of the month that it does that FPB? Say you open a new monthly basket time frame every day? Or every week perhaps?
Or maybe the 'sweet spot', is just the first day of the month

Warrents further investigation if someone hasn't already done it?

Must try and get my one remaining brain cell around that somehow
'Life' only really begins just over the edge of our comfort zones
  • #6,340
  • Jun 7, 2017 4:58am Jun 7, 2017 4:58am
Quoting Forexpinbar
Weekly signals opened on the first trading day of this month..12736 total pips for 5 trading days. ..If trading on the first trading day of every month remains consistently profitable , I would be more than happy to trade once in a month for this huge amount of pips..Wishing you all a GREEN WEEK {image}
You can pass the configuration of the monthly basket ?
Thanks and best regards
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