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Attachments: CCFp weekly signals (set and forget basket trading)
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CCFp weekly signals (set and forget basket trading)

  • #7,261
  • Jun 20, 2017 10:45am Jun 20, 2017 10:45am
Quoting FxMadness
{quote} Then you enter the world of dynamic stop loss and take profit (or locking) which btw. none of the dashes provide because it is rather complicated. So you start a basket with an arbitrary TP of 300 pips because ccfp (or indicator x) suggested 15 pairs so 20 pips a pair doesn't sound to crazy. What if none of the other 14 pairs kicks in ? that single pair has to make 300 pips on his own....fat chance. It will run into profit turn around does not hit stop loss because you put that on 200 pips and keeps lingering around. 8 kick in and 7 follow...
individual basket virtual individual pair target for trigger in real as individual.
Take what you can, give nothing back
  • #7,262
  • Jun 20, 2017 10:46am Jun 20, 2017 10:46am
Quoting braintheboss
I think understand what he is talking. He said not open trades at first time. Only tracking it virtually and if later that basket is profitable open real trades. Add delay but give you time for discard bad baskets. Not bad idea
Isn't that what xmess7 EA virtual basket does ?
Open the complete basket if "virtual" profit goes beyond -x,y.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #7,263
  • Jun 20, 2017 10:49am Jun 20, 2017 10:49am
How to use CCFp? Who can be of help?pls
  • #7,264
  • Jun 20, 2017 10:50am Jun 20, 2017 10:50am
Quoting FxMadness
{quote} Isn't that what xmess7 EA virtual basket does ? Open the complete basket if "virtual" profit goes beyond -x,y.
it does but based on the sum of pips of all pairs then open entire basket.what i said is to be able to set virtual basket trigger value as per individual pair.see picture above.so trigger in real NOT based on any sum.just based on individual virtual pair -/+ pips.
eaxample:
INDIVIDUAL virtual PAIRS TRIGGER PIPS = - 25 PIPS
EURUSD virtual hit -25 = eurusd trigger in real.only eurusd.
other pairs must wait hit minus 25 pips each on individual to get trigger ion real.
Take what you can, give nothing back
  • #7,265
  • Jun 20, 2017 10:51am Jun 20, 2017 10:51am
Quoting Husky77
{quote} corect me if i am wrong here please {image}
Yes exactly
  • #7,266
  • Jun 20, 2017 11:03am Jun 20, 2017 11:03am
Quoting Husky77
{quote} it does but based on the sum of pips of all pairs then open entire basket.what i said is to be able to set virtual basket trigger value as per individual pair.see picture above.so trigger in real NOT based on any sum.just based on individual virtual pair -/+ pips. eaxample: INDIVIDUAL virtual PAIRS TRIGGER PIPS = - 25 PIPS EURUSD virtual hit -25 = eurusd trigger in real.only eurusd. other pairs must wait hit minus 25 pips each on individual to get trigger ion real.
But that will still leave you with the problem, what will be your targets (SL or TP) because you have no idea of how many trades will be triggered on the way.
Really, in your scenario you are better off trading each pair as "individual" and have a TP at 20 % ADR (just gave a number).

Nothing to do with basket trading or xmess7 intend.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #7,267
  • Jun 20, 2017 11:04am Jun 20, 2017 11:04am
Quoting FxMadness
{quote} But that will still leave you with the problem, what will be your targets (SL or TP) because you have no idea of how many trades will be triggered on the way. Really, in your scenario you are better off trading each pair as "individual" and have a TP at 20 % ADR. Nothing to do with basket trading or xmess7 intend.
individual pairs targets for profit in real basket
Take what you can, give nothing back
  • #7,268
  • Jun 20, 2017 11:07am Jun 20, 2017 11:07am
i dont know about any of you guys,

but its been a bloodbath today on the demos i am running. weekly daily, all deep in doodoo.

various opening times and all went the wrong way today. almost feels like a friday.
  • #7,269
  • Jun 20, 2017 11:26am Jun 20, 2017 11:26am
Quoting FxMadness
{quote} I am not saying that the "set and forget idea" on a weekly basis doe not work just that there are limitations to where you can k.i.s.s. trade only using ccfp in FF mode. And at the same time try to explain the T mode in which you have to give ccfp time to gather current week data. But if you are trading weekly on a daily basis you must also have experienced the today basket which was really the opposite. {image}
A very interesting fact that I noticed is that from all the 4 baskets which hit SL, 5 counting the "bloodbath" today, had 0 pips maximum gain, so with the latest EA with a simple VB 10 pips trigger level in those 5 losing days the EA would do nothing, so practically at my result it would add up another 1500 pips.

I did not test this as I still use EA 18.3 cause I am old fashioned, but starting today I will try latest EA

Regarding the idea here to have VB trigger for each pair, I would say is not good, cause in days like today, even though one or two pairs were a bit in profit at the start, they were all down after, so even with VB trigger it would still be false signal.

PS. of course is not so KISS , as you must watch out for news, holidays and big movements in market that mess technicals up

Hope this helps!
  • #7,270
  • Jun 20, 2017 11:49am Jun 20, 2017 11:49am
Quoting Kezz23
{quote} A very interesting fact that I noticed is that from all the 4 baskets which hit SL, 5 counting the "bloodbath" today, had 0 pips maximum gain, so with the latest EA with a simple VB 10 pips trigger level in those 5 losing days the EA would do nothing, so practically at my result it would add up another 1500 pips. I did not test this as I still use EA 18.3 cause I am old fashioned, but starting today I will try latest EA Regarding the idea here to have VB trigger for each pair, I would say is not good, cause in days like today,...
Horizontal line are LO opens.
Using virtual basket should have got you in when in profit (1.2) and have stayed out on the turn. (3).

So xmess ?

Btw, noticed that the EA is only collecting/displaying min/max when trades are opened so a couple of posts ago when i said that the basket was opened even if the trigger level wasn't could be at fault.

So next step for xmess would be to indicate a min/max for the virtual basket.
Attached Image
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #7,271
  • Jun 20, 2017 11:56am Jun 20, 2017 11:56am
Quoting FxMadness
{quote} But that will still leave you with the problem, what will be your targets (SL or TP) because you have no idea of how many trades will be triggered on the way. Really, in your scenario you are better off trading each pair as "individual" and have a TP at 20 % ADR (just gave a number). Nothing to do with basket trading or xmess7 intend.
I think I disagree with you here. Hear me out

You may well have less trades but that does not mean the basket TP will be harder to reach, because hopefully you will have more profitable positions. If anything it will be easier to reach.

When you have a basket open with 15 trades active that doesn't mean you are more likely to reach the basket TP compared to a basket with only 5 open trades, because 12 trades may remain red and only 3 ever go positive for the entire day in the first basket.

What I'm trying to say is we don't need to go into nitty gritty individual profits and faffing about with ADR's and what not. Still trade as a basket, just a more filtered basket.

We will work from the virtual basket, so however much the virtual basket makes, in theory is the minumum the filterd basket will make! But the filtered basket will not contain pairs that have remained red the entire day so is guaranteed to be more profitable. Do you get what I'm saying here?

The idea is to make the basket as green as possible from the get go and harness the profitable move at optimum timing.
  • #7,272
  • Jun 20, 2017 12:06pm Jun 20, 2017 12:06pm
Quoting FxMadness
{quote} Horizontal line are LO opens. Using virtual basket should have got you in when in profit (1.2) and have stayed out on the turn. (3). So xmess ? Btw, noticed that the EA is only collecting/displaying min/max when trades are opened so a couple of posts ago when i said that the basket was opened even if the trigger level wasn't could be at fault. So next step for xmess would be to indicate a min/max for the virtual basket. {image}
Geko/GiG ccfp dashboard displays maximum pips and minimums pips for basket.
Goal of a successful trader is to make the best trades. Money is secondary
  • #7,273
  • Jun 20, 2017 12:41pm Jun 20, 2017 12:41pm
Quoting FxMadness
{quote} Horizontal line are LO opens. Using virtual basket should have got you in when in profit (1.2) and have stayed out on the turn. (3). So xmess ? Btw, noticed that the EA is only collecting/displaying min/max when trades are opened so a couple of posts ago when i said that the basket was opened even if the trigger level wasn't could be at fault. So next step for xmess would be to indicate a min/max for the virtual basket. {image}
Bro, that is already coded in 37.8(not yet realized of course) but first things first... currently resolving some total basket stuff. The next release will not happen until the EA is fully functioning with the new trading features. It will also include the virtual individual trade detection you guys mentioned. Due to the range hour upgrades the logic to do just that wil be in place.
Our AWESOME IMAGINATION is the true holy grail!
  • #7,274
  • Jun 20, 2017 12:48pm Jun 20, 2017 12:48pm
"You may well have less trades but that does not mean the basket TP will be harder to reach, because hopefully you will have more profitable positions. If anything it will be easier to reach.
When you have a basket open with 15 trades active that doesn't mean you are more likely to reach the basket TP compared to a basket with only 5 open trades, because 12 trades may remain red and only 3 ever go positive for the entire day in the first basket.

No disagreement with your reasoning but how do you set your targets if you do not know on forehand how many trades you are going to enter.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #7,275
  • Jun 20, 2017 1:03pm Jun 20, 2017 1:03pm
you are 100% right.I remember great thread - the science mri system,wery promising system,so many people be excited with that,in the end when system get better and better all senior members who be active on this thread be banned for no reason.LOL.it will bee funny if it not be so sad....
  • #7,276
  • Jun 20, 2017 1:10pm Jun 20, 2017 1:10pm
Quoting Forexpinbar
GVC Bbsqueeze result so far this week..Weekly signals...Trade level 2 to trade level 6..From trade level 2 to level 5 TF,FF,FT .TRADE level 6(FF,FT) . Timeframe for BBsqueeze 4HRS. C1 C2... Basket opening time Frankfurt open and basket closing time NY Close. {image}
forexpinbar,

could you please confirm the times, frankfurt open = gmt 6 to ny close 21 gmt.

is that about right ?
  • #7,277
  • Jun 20, 2017 1:19pm Jun 20, 2017 1:19pm
Quoting ficibald
you are 100% right.I remember great thread - the science mri system,wery promising system,so many people be excited with that,in the end when system get better and better all senior members who be active on this thread be banned for no reason.LOL.it will bee funny if it not be so sad....
it could be the ultimate trolling that FF is owned by brokers and MM and when a system is good they introduce few members here to start arguing and then all of us will be banned ...is the government man, I tell you..
  • #7,278
  • Jun 20, 2017 1:22pm Jun 20, 2017 1:22pm
Quoting Kezz23
{quote} it could be the ultimate trolling that FF is owned by brokers and MM and when a system is good they introduce few members here to start arguing and then all of us will be banned ...is the government man, I tell you..
conspiracy
might be the russians hacking around,as this is en vogue on some countries hahahaha
Take what you can, give nothing back
  • #7,279
  • Jun 20, 2017 1:32pm Jun 20, 2017 1:32pm
Quoting ficibald
you are 100% right.I remember great thread - the science mri system,wery promising system,so many people be excited with that,in the end when system get better and better all senior members who be active on this thread be banned for no reason.LOL.it will bee funny if it not be so sad....
That explains why I'm still active. My system is a shit. Now I saw the light about my future
Try don't lose pants never...
  • #7,280
  • Jun 20, 2017 1:33pm Jun 20, 2017 1:33pm
Quoting braintheboss
{quote} That explains why I'm still active. My system is a shit
hahaha when i was about to make you some publicity you say this
Take what you can, give nothing back
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