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CCFp weekly signals (set and forget basket trading)

  • #7,281
  • Jun 20, 2017 1:47pm Jun 20, 2017 1:47pm
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}
sorry guys virtual basket in my opinion is some strange useless thing,I dont like idea guys,virtual baskets mess things who is already complex
  • #7,282
  • Jun 20, 2017 1:52pm Jun 20, 2017 1:52pm
Quoting braintheboss
{quote} That explains why I'm still active. My system is a shit. Now I saw the light about my future
yes its true,I am sorry
no I just kidding,but about SMRI thread is true, its fact,many members was banned
  • #7,283
  • Jun 20, 2017 2:03pm Jun 20, 2017 2:03pm
Quoting Husky77
{quote} hahaha when i was about to make you some publicity you say this
Try don't lose pants never...
  • #7,284
  • Jun 20, 2017 3:00pm Jun 20, 2017 3:00pm
Quoting FxMadness
"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...
Ah that's easy. If you feel like you want to be rich today, set tp of 10000 pips . But would suggest profit locking early on.

If not, 10 pips I'm sure will get us a coffee
  • #7,285
  • Jun 20, 2017 3:02pm Jun 20, 2017 3:02pm
Quoting ficibald
{quote} sorry guys virtual basket in my opinion is some strange useless thing,I dont like idea guys,virtual baskets mess things who is already complex
You are wrong about Virtual baskets..I totally disagree with you..Virtual baskets make a difference if you know how to use them..In the screenshots you can see what I mean..Red pips is no virtual basket using GiG CCfp Dashboard and Green pips is virtual basket using GiG CCfp Dashboard...Sometimes you need to test something before making a comment about it because it can be misleading if you havent tested it but claim its useless in your opinion..We are all entitled to opinions but next time you should do your homework well..
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Goal of a successful trader is to make the best trades. Money is secondary
  • #7,286
  • Jun 20, 2017 3:13pm Jun 20, 2017 3:13pm
After 4 weeks of testing multiple variations of baskets and removing the bad ones and keeping the good ones etc, and by process of elimination I came to having a "top 4" baskets. Between the top 4 baskets over the last 4 weeks they profited over 7500 green pips.

Then yesterday I decided to take my top 2 baskets for the first time on one of my small accounts and see what they can do, and so far so good with +- 20% growth after 2 days.
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Truth is like poetry. And most people f*cking hate poetry.
  • #7,287
  • Jun 20, 2017 3:26pm Jun 20, 2017 3:26pm
Quoting FxMadness
"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...
on a more serious note, the answer is actually quite simple. Ask yourself what tp you were aiming for before? Were you hitting it consistently? If yes, then this idea will also consistently hit that tp. In theory, you will make more pips than before as you will have filtered the permanent losers altogether.

It's difficult I know as we can never be sure how many trades the ccfp will trigger for the day, but that is why you must test, test and test until you find parameters that work consistently.
  • #7,288
  • Jun 20, 2017 3:34pm Jun 20, 2017 3:34pm
Quoting Forexpinbar
{quote} You are wrong about Virtual baskets..I totally disagree with you..Virtual baskets make a difference if you know how to use them..In the screenshots you can see what I mean..Red pips is no virtual basket using GiG CCfp Dashboard and Green pips is virtual basket using GiG CCfp Dashboard...Sometimes you need to test something before making a comment about it because it can be misleading if you havent tested it but claim its useless in your opinion..We are all entitled to opinions but next time you should do your homework well.. {image} {image}...
Looks very good. Very interesting how you don't have trades in GU ( all losses) but you have cadjpy ( 7 passed filter of 18)
Try don't lose pants never...
  • #7,289
  • Jun 20, 2017 3:55pm Jun 20, 2017 3:55pm
CCfp Monthly signals monthly basket..Update from https://www.forexfactory.com/showthr...20#post9938420
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Goal of a successful trader is to make the best trades. Money is secondary
  • #7,290
  • Jun 20, 2017 4:00pm Jun 20, 2017 4:00pm
Quoting braintheboss
{quote} Looks very good. Very interesting how you don't have trades in GU ( all losses) but you have cadjpy ( 7 passed filter of 18)
Last week virtual basket
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Goal of a successful trader is to make the best trades. Money is secondary
  • #7,291
  • Jun 20, 2017 5:01pm Jun 20, 2017 5:01pm
Quoting Husky77
{quote} you might got it wrong.i'm just saying that most of the tests here with multi baskets will remain at that stage in demo cos open orders at this point eat too much margin to be taken the same in real.and i didnt saw anything in real same sum of baskets.in demo very easy to don't give a shit but here comes the problem, if you test in demo like you don't care about your balance then what's the point of tests?
This is the point I have stated a few times, testing really need to be along the lines of what is intended to be traded on live account - otherwise, what is the point?

Maximum pips is not the best measure of success or even account gain, hard to believe and most will want to argue about that.

Show me the percentage gain when you figure it out.

It takes a lot for me to IGNORE you, but you can try.
  • #7,292
  • Jun 20, 2017 5:48pm Jun 20, 2017 5:48pm
Quoting Forexpinbar
{quote} You are wrong about Virtual baskets..I totally disagree with you..Virtual baskets make a difference if you know how to use them..In the screenshots you can see what I mean..Red pips is no virtual basket using GiG CCfp Dashboard and Green pips is virtual basket using GiG CCfp Dashboard...Sometimes you need to test something before making a comment about it because it can be misleading if you havent tested it but claim its useless in your opinion..We are all entitled to opinions but next time you should do your homework well.. {image} {image}...
I'm sure you are tired of questions like this but I'll go ahead and push my luck. What VB strategy are you using (3,4,5,6)? Any chance you would share your VB settings as 3 and 4 have a lot of options to decipher?? Thanks for sharing!!
  • #7,293
  • Jun 20, 2017 5:56pm Jun 20, 2017 5:56pm
My opinion it is all about ROI, nothing more or less, if you achieve the ROI that you target then you are a winner.

The virtual basket was done successfully, probably by several people, but the one I know was where he selected several hedged pairs and traded them live with minimum lot.
When one of these went into profit for a period of time (his target was time based so at least it was a small trend) that pair was closed and the same pair re-opened with a larger lot size, this was then repeated and repeated so the "basket" had a continual cash turnover.
Like any successful trader money management was the key. I tried it successfully for a while but then my money management skills were not good enough so I stopped.
Perhaps correlation could be introduced to work with CCFp to generate a more productive basket?
When you are successful perhaps give a thought to others ... Kiva dot org
  • #7,294
  • Jun 21, 2017 2:33am Jun 21, 2017 2:33am
Quoting ficibald
{quote} yes its true,I am sorry no I just kidding,but about SMRI thread is true, its fact,many members was banned
i read about that an also on some places out of ff.very interesting,makes you think...
Take what you can, give nothing back
  • #7,295
  • Jun 21, 2017 3:16am Jun 21, 2017 3:16am
Hi xmess7,
I use your EA v37.7.5 and try to set profit lock by %, as following
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EA show
Attached Image

Is it right? I do wrong?

thank you help....
  • #7,296
  • Edited 4:03am Jun 21, 2017 3:51am | Edited 4:03am
@forexpinbar

Curious, did you make your pips or % this week using your strategy ?
I mean with xmess7 EA, not the GIG dash.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #7,297
  • Edited 6:40am Jun 21, 2017 6:20am | Edited 6:40am
Quoting lkkplayer
Hi xmess7, I use your EA v37.7.5 and try to set profit lock by %, as following {image} EA show {image} Is it right? I do wrong? thank you help....
I thought i saw a couple of dozen posts ago that this was just a displaying issue.
So read "20%" which by the way if it is over the balance is way to high.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #7,298
  • Jun 21, 2017 6:55am Jun 21, 2017 6:55am
Quoting agagukalex
Hi ... my results for this week ... Monday no trade tuesday 300 pips closed manually wednesday basket never been triggered (virtual basket with +30 pips trigger) and i had at same time a demo that showed that merket went to -500 and more Thursday stop loss been hit -300 pips ... No trade on Friday ... So nothing to jump and dance this week... Have great week-end all.... Alex before some of you ask for the set up... 10080 TF , level 2 , open 9gmt 300 sl - 400 tp Virtual basket +30 trigger
I see you can predict the future, is only Wednesday, how the SL was trigger on Thursday?

Cheers!
  • #7,299
  • Jun 21, 2017 7:31am Jun 21, 2017 7:31am
I have shortened the TP and profit lock steps for my daily baskets. Ran two 60 minute TT for the GBP news at 8:30 GMT. 6/6 Green baskets, nice day. I have a new trade explorer for just these baskets in my signature if you want to follow the trades.
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  • #7,300
  • Jun 21, 2017 7:44am Jun 21, 2017 7:44am
Quoting lkkplayer
Hi xmess7, I use your EA v37.7.5 and try to set profit lock by %, as following {image} EA show {image} Is it right? I do wrong? thank you help....
You r ok, that's just a text error, the EA internally knows its %
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