[FinalPremium]

This leading innovation by Geko opens a plethora of possibilities and almost endless combinations!
We're all now closer than ever to accomplish the CCFp mission. Thanks Geko.

[forexpinbar]

Still playing with Sub Dashbooard..Trying to figure my way around it LOL..Not so simple..

In this thread, you can find the Sub Dashboard.

I made it really flexible so as to use various filters/signals. A single “sub Dashboard” can generate up to 5 signals which can be used by 5 “Main” Dashboard. As stated in one of my previous post, the idea was to limit the number of sub dashboard used in order to avoid having 1 sub dashboard per 1 main dashboard.

The next step will be to tweak the Main Dashboard so as to receive the signals from this sub Dashboard and generate and manage trades.

So the sub DB will be used to generate signals only when the main DB will be used to open and manage trades.

But before to get there I am intensively testing the Main Dashboard to make sure that the various trading mode are working fine (VB 1 & 2).

With such an approach, it would mean that the Main Dashboard would be like a universal Dashboard which can trade any strategy by receiving signals from the sub dashboard. It would make further developments of various strategies and adding filters much easier

At the moment of posting it, the sub DB includes the following filters:

- 4 candles direction
- 4 CCFp
2 BBSqueeze
…

Further filters will come time after time

You can find more information’s about the Sub DB into the PDF user guide.

I post it for preliminary testing and to get your feedback guys, as this DB cannot be used for automatic trading just yet.


SUB1.png

[Smix]

Good Luck, Lord Gecko...like said top notch work!

i no nothing about coding, but i am still following this constant evolution of cfpp, bbsqueeze and all the others..is there still a connection between xmess and forexpinbar s works at FF...or is this project completely separated from their work, thanks and have a nice Weekend!

[TheSnowman]

@ Geko,

Something I observe on every chart is a Currency Strength Meter. I will attach the simple version that I use, so that you can check the code.

My question is this, would it be possible to be included in the sub-dashboard for filtering trade entries according to the readings given.

Here is a simple example, today CCFP is giving USDJPY a Buy signal on 1440, FF, Level 2

But in early trading JPY is strong, the CSM says Sell

However, this could turn around as we know, when Europe starts trading.

My idea is, can the dashboard be coded to filter for no entry until such time USD is stronger than JPY and giving Buy signal in line with CCFP?

I hope you can understand from the chart show, it is 1 hours, and now 6 hours into the day, if there was a buy opened at Tokyo start, that would be in drawdown now.

In fact, it may not turn around this week, so a filter would stop a bad entry.

PS: the CSM is not changing with time frame, so the numbers and bottom line trade advice do not change, however, I think it restarts each day with new data, so as the day progresses, the calculation must be more accurate if that is possible!

2017-07-05_11-57-26.png

[firewight]

@ Geko,

Something I observe on every chart is a Currency Strength Meter. I will attach the simple version that I use, so that you can check the code.

My question is this, would it be possible to be included in the sub-dashboard for filtering trade entries according to the readings given.

Here is a simple example, today CCFP is giving USDJPY a Buy signal on 1440, FF, Level 2

But in early trading JPY is strong, the CSM says Sell

However, this could turn around as we know, when Europe starts trading.

My idea is, can the dashboard be coded to filter for no entry until such time USD is stronger than JPY and giving Buy signal in line with CCFP?

I hope you can understand from the chart show, it is 1 hours, and now 6 hours into the day, if there was a buy opened at Tokyo start, that would be in drawdown now.

In fact, it may not turn around this week, so a filter would stop a bad entry.

PS: the CSM is not changing with time frame, so the numbers and bottom line trade advice do not change, however, I think it restarts each day with new data, so as the day progresses, the calculation must be more accurate if that is possible!


2017-07-05_11-57-26.png

The beauty with these CSM is they are real time, whereas unfortunately the CCFp could be showing signals from the previous day etc depending on settings...

It would be nice to use them together as it could perhaps reduce the initial drawdown on baskets.

In fact the VB may be doing the same thing, but by different means, by postponing the trade entry. It would be interesting to see if the CSM is aligning with the VB when showing signals opposite to CCFp, if that makes sense!

[TheSnowman]

Regards the previous post, now a few hours later, 1 hour before Frankfurt open, price is moving up. I didn't see where the CSM changed to buy but it is now inline with CCFP signal.

Not a great deal of difference I suppose in this situation, as entry probably about the same level.

Still, I'm interested to hear your views on strength meters and if they merit any consideration, thanks, John

2017-07-05_15-07-56.png

[firewight]

Regards the previous post, now a few hours later, 1 hour before Frankfurt open, price is moving up. I didn't see where the CSM changed to buy but it is now inline with CCFP signal.

Not a great deal of difference I suppose in this situation, as entry probably about the same level.

Still, I'm interested to hear your views on strength meters and if they merit any consideration, thanks, John

2017-07-05_15-07-56.png

Saved you a little DD. And if JPY had temporary strength in a basket it would have been across several pairs too, so seems like it may work well if it can be used.

[Geko]

Hi Guys,

I don’t know this modified version of Giraia strength indicator but I presume that it is the classic Buy Sell ratio stuff inside, the same that I have in coded in one of my dashboards:

viewtopic.php?f=59&t=70

Here both on the same chart:

strength.png

The differences in the strength values are probably the result of the time shift.

Basically, the Buy Sell ratio assess the currency strength by calculating the difference of the current price in relation to the Daily open for each pair and by averaging the results per currency.

I presume that giraia is using MT4 00:00 time for the Daily open, when with the DB I have an option to use NY 17h PM as Daily open (or any other time). I think it will explain the difference. I will have a look in the code later for confirmation.

What you are asking is totally doable, I have done it in one of my previous DB where the strength per currency was then reallocated per pair:

stOLD.png

Trading decision based strictly on those strength values was not profitable, but combined with other filters it might help

[firewight]

Hi Guys,

I don’t know this modified version of Giraia strength indicator but I presume that it is the classic Buy Sell ratio stuff inside, the same that I have in coded in one of my dashboards:

viewtopic.php?f=59&t=70

Here both on the same chart:


strength.png


The differences in the strength values are probably the result of the time shift.

Basically, the Buy Sell ratio assess the currency strength by calculating the difference of the current price in relation to the Daily open for each pair and by averaging the results per currency.

I presume that giraia is using MT4 00:00 time for the Daily open, when with the DB I have an option to use NY 17h PM as Daily open (or any other time). I think it will explain the difference. I will have a look in the code later for confirmation.

What you are asking is totally doable, I have done it in one of my previous DB where the strength per currency was then reallocated per pair:


stOLD.png


Trading decision based strictly on those strength values was not profitable, but combined with other filters it might help

Looks great mate! I think all we can do is try a bunch of combinations of things that are, in general, known to produce good trading directional biases.

That way we *should* be stacking the odds in our favour...

[krishna]

Hello Geko,

Any more info in the progress of the Sub Universal Dashboard.