[Geko]

@geko what is your thoughts on having the CCFp trend filter ON or OFF for the different time frames?

I haven't tested this feature personally and have always just assumed it's better to have it ON, but I've seen that you have tested both options. Is there a definite benefit to having it either ON or OFF not based on your own results and observations?

The preliminary tests were showing better results with the Trend Direction filter ON. But at this date it is not any more the case.

Tests with the filter OFF have better net results but as they are opening more trades, the margin used is more important, and the potential drawdown also. You can check those figures on my XLS spreadsheet and especially in the average results statement.

It is confirmed by the weekly and daily tests.

Initially, I thought that this filter would really help to improve the results, as the purpose of this filter was to avoid being caught in reversals. But it seems that it is not working so well. Maybe some other filter will help (BBsqueeze..).

So I think we can discard this filter.

tf.png

[Geko]

Geko,

Thank you for sharing you powerful Dashboard for trading the CCFP.

I have been wondering if this Dashboard could be made to give past CCFP lists? This would be useful to be able to check what past Monthly Lists and Week Lists were and did profit wise.

Right now we can choose current or previous. Would it be possible to make it variable. I am not a coder so not sure how to explain it.

It seems to be comparing between candles... so if we have candle positions compared 10 9 8 7 6 5 4 3 2 1 0

So could you adapt your Dashboard to be able to move back in time to show the CCFP lists?

Thanks again for the wonderful work that you are doing and your willingness to share freely with others. Much appreciated!

Bruce

Hi Bruce and welcome at GiG

No, the DB cannot be used to get past signals. I would love to but it is not possible with MTCrap.

Even in the strategy tester, with MT4 you can only back test 1 pair on 1 timeframe at a time, and so not the DB…

By using the candle shift it might be a good idea that I have not tested so far.

What about testing it and telling us your findings. Please note that if you are using candle direction filter, you would have to use the same shift

[mrdfx]

@geko what is your thoughts on having the CCFp trend filter ON or OFF for the different time frames?

I haven't tested this feature personally and have always just assumed it's better to have it ON, but I've seen that you have tested both options. Is there a definite benefit to having it either ON or OFF not based on your own results and observations?

The preliminary tests were showing better results with the Trend Direction filter ON. But at this date it is not any more the case.

Tests with the filter OFF have better net results but as they are opening more trades, the margin used is more important, and the potential drawdown also. You can check those figures on my XLS spreadsheet and especially in the average results statement.

It is confirmed by the weekly and daily tests.

Initially, I thought that this filter would really help to improve the results, as the purpose of this filter was to avoid being caught in reversals. But it seems that it is not working so well. Maybe some other filter will help (BBsqueeze..).

So I think we can discard this filter.


tf.png

Thank you geko, so it seems that overall having the trend filter OFF will have more signals so more trades which will naturally increase the potential pips and profits, but also potentially increase the DD and margin used. So I'd say if your account can handle the additional trades then having it OFF will be better, but if not then to filter out a few trades to reduce the potential margin and DD it would be better to have it ON.

The extra cash gains and pips that can be made having it OFF are actually not that significant if the DD and margin is also increased? Something to think about, but it's still a good filter to have for those wanting that little bit extra reduction in margin and DD with a slightly less profits.

[ramram]

I am getting send FTP failed error 4260 can some one explain what is this

[krishna]

Hello ramram,

in settings, section 14 - Other Settings, set "Take screenshot just before basket closure to False"

[kenmo]

Once the threshold is reached at let's say + 30 pips, it would set the trailing SL at the pips buffer, let's ay + 20 pips.

tested a threshold of 30 and buffer of 20 and it's closing trades at 30?? Both of those trades never went higher than +35, so not sure why it would trigger to close the trade at 30??? Seems like it is just using the threshold as a TP.

[Ajs5274]

Geko,
The weekly baskets you are going to test from post:

viewtopic.php?p=1424#p1424.

Are they vbaskets (0 pips) or something else?

[Geko]

Hi Alan,

Just basic baskets (no VB) with strategy 1.

[VPA021]

Hi Geko,

Would there be any issues if I have 10-12 baskets open on one MT4?

[Ajs5274]

There shouldn't be its all down to your computer resources. I know some guys have 15 + baskets on one mt4 platform.