CCFp weekly signals (set and forget basket trading)
- #7,083
- Jun 18, 2017 5:02am Jun 18, 2017 5:02am
- Joined May 2017 | Status: Trader | 1,564 Posts
I can calculate the movement of stars, but not the madness of men. Isaac N.
- #7,084
- Jun 18, 2017 5:12am Jun 18, 2017 5:12am
- Joined May 2014 | Status: Trader | 4,735 Posts
Take what you can, give nothing back
- #7,086
- Jun 18, 2017 5:44am Jun 18, 2017 5:44am
- Joined Mar 2007 | Status: One life - live it... | 713 Posts
{quote} The image he posted shows the time as GMT 12:31 Assuming the news was on the top of the hour..... I have no idea of the news event but maybe some detective work could find it {image}
PC
Less is more...
Hey guys,
Ive been reading this thread for a while and have started doing some testing of my own on excel as to determine opening and closing basket times and what signal timeframe to use for daily and weekly trading. After reading through the tread I decided to stick to TF lv.2 as the results seemed to be highest most consistently. I started running 6 baskets with TF lv.2 but varying timeframes and signals. Eg.
Basket 1 - Daily signals daily trading
Basket 2 - Weekly signals daily trading
Basket 3 - Monthly signals daily trading
Basket 4 - Weekly signals weekly trading
Basket 5 - Monthly signals weekly trading
Basket 6 - Monthly signals monthly trading
Start time is Sydney open and close time is end of NY sessions and no stop loss or take profit. Sydney open is the first market open after the daily signals are given so that was decided to be the open basket to test and see when the best entry would be. Ive run these baskets for 1 week so far and created an excel spreadsheet to model best entry, exit, stop loss and take profit.
Ill only talk about the daily trading baskets(1,2,3) as I dont have enough data for weekly trading yet to make any observations. The average of each basket was taken at the same time each day(example below) then smoothed. The min and max was then determined and the corresponding min(entrance) and max(exit) times were used to determine entry and exit. This way we can actually see when the best entry time is rather than just guessing.
The results are tabulated in the attachment with other relevant info such as max and min and total pip range of the whole day. Vlookup was used to determine the pips at the time of day when the entrance and exit should be. Subtracting these two values will then get you the realized pips had you entered and exited at those times. I've also subtracted the spread using the first logged value for the day. Pips against was calculated by finding the minimum between the entrance and exit times. Similarly the potential pips was calculated to be the maximum values found between entrance and exit. Below this is stop loss and take profit which can be altered to determine what the best settings will be.
The best performer was the weekly signal where 1272 pips were realized during the whole week with no SL and TP. With SL and TP 1346 pips could have been made but such little data wont make a convincing argument to use those SL and TP but a good indication.
The graphs are shown below. The yellow curve which is the smoothed average of each day has a secondary axis on the right to make it more obvious the time at which the highs and lows occur during the day.
Some things to note, my broker uses GMT+3 and as such that's what I've put in aswell. The demo account I've opened doesn't have some of the pairs that the signal gives but generally opens 80% of the given signals. The more data I gather, the better the optimization of the start and closing times of a basket and the SL & TP. Hopefully this tool can be used to give us a better edge which can give us higher returns. Once I've gathered more data, I'll post the results and also include similar results for week long trading.
Apologies for the long post. Cheers.
Ive been reading this thread for a while and have started doing some testing of my own on excel as to determine opening and closing basket times and what signal timeframe to use for daily and weekly trading. After reading through the tread I decided to stick to TF lv.2 as the results seemed to be highest most consistently. I started running 6 baskets with TF lv.2 but varying timeframes and signals. Eg.
Basket 1 - Daily signals daily trading
Basket 2 - Weekly signals daily trading
Basket 3 - Monthly signals daily trading
Basket 4 - Weekly signals weekly trading
Basket 5 - Monthly signals weekly trading
Basket 6 - Monthly signals monthly trading
Start time is Sydney open and close time is end of NY sessions and no stop loss or take profit. Sydney open is the first market open after the daily signals are given so that was decided to be the open basket to test and see when the best entry would be. Ive run these baskets for 1 week so far and created an excel spreadsheet to model best entry, exit, stop loss and take profit.
Ill only talk about the daily trading baskets(1,2,3) as I dont have enough data for weekly trading yet to make any observations. The average of each basket was taken at the same time each day(example below) then smoothed. The min and max was then determined and the corresponding min(entrance) and max(exit) times were used to determine entry and exit. This way we can actually see when the best entry time is rather than just guessing.
The best performer was the weekly signal where 1272 pips were realized during the whole week with no SL and TP. With SL and TP 1346 pips could have been made but such little data wont make a convincing argument to use those SL and TP but a good indication.
The graphs are shown below. The yellow curve which is the smoothed average of each day has a secondary axis on the right to make it more obvious the time at which the highs and lows occur during the day.
Some things to note, my broker uses GMT+3 and as such that's what I've put in aswell. The demo account I've opened doesn't have some of the pairs that the signal gives but generally opens 80% of the given signals. The more data I gather, the better the optimization of the start and closing times of a basket and the SL & TP. Hopefully this tool can be used to give us a better edge which can give us higher returns. Once I've gathered more data, I'll post the results and also include similar results for week long trading.
Apologies for the long post. Cheers.
- #7,089
- Jun 18, 2017 9:10am Jun 18, 2017 9:10am
- Joined May 2017 | Status: Trader | 3,880 Posts
Truth is like poetry. And most people f*cking hate poetry.
- #7,090
- Jun 18, 2017 9:11am Jun 18, 2017 9:11am
- Joined May 2017 | Status: Trader | 3,880 Posts
Truth is like poetry. And most people f*cking hate poetry.
- #7,092
- Jun 18, 2017 10:30am Jun 18, 2017 10:30am
- Joined Apr 2007 | Status: vincit qui se vincit | 6,251 Posts
Vincit qui se vincit.
- #7,096
- Jun 18, 2017 11:03am Jun 18, 2017 11:03am
- Joined Jun 2012 | Status: Trader | 1,281 Posts
{quote} The PDF for the GIG DB is available on the first post on the CCFp DB thread on the GIG forum.
Good luck, jdva
I never lose - either I win or I learn...
- #7,097
- Jun 18, 2017 11:12am Jun 18, 2017 11:12am
- Joined Jun 2012 | Status: Trader | 1,281 Posts
just a note on last week 10080 FF 5-12 and 10080 TF 5-12 trade. apparently they have the same signal that's why the pip count is the same. just another idea. i draw a trendline on pip count progress. i do think we can use the information during mid week to determine if we should keep or close the trade or may be re enter the trade too. might need more testing for this {image} {image} {image}
!Happy trading, jdva
I never lose - either I win or I learn...
- #7,098
- Jun 18, 2017 11:36am Jun 18, 2017 11:36am
Week 24 Report. Included the graph for pip progress for the weekly trade. week 24 report. included graph for pip progress. also i upload each screenshot of the trade {image} {image} {image} {image} {image} {image} {image} {file}
thank you for this great work,Very much appreciated
.can you tell me which tool you use to have the graph of total pip count.
- #7,099
- Jun 18, 2017 11:47am Jun 18, 2017 11:47am
{quote} hi minigan, thank you for this great work,Very much appreciated
- #7,100
- Jun 18, 2017 11:50am Jun 18, 2017 11:50am
Hello GVC and others,
If you are a Father ... Happy Fathers Day !!
GVC, I just wanted to know if this is the correct display (yellow buttons activated) to try out the original TF and method that Forexpinbar discussed in post one?
Thanks
If you are a Father ... Happy Fathers Day !!
GVC, I just wanted to know if this is the correct display (yellow buttons activated) to try out the original TF and method that Forexpinbar discussed in post one?
Thanks