3674 replies to this topic

[HDB]

 

 

Here are screenshots of the backtests.

 

http://cloete.za.net/hdbcci/

 

Gringots thank you very much for the feedback.

 

So these are all automated trades. Its demo right?

 

Well 74% hit rate is excellent for an automated system

 

If you have time could you backtest my cfd system  on cml and cfr please!!

[HDB]

Hi HDB,  I am not sure, and hope I back tested it enough to confirm my statement, so would appreciate your input regarding the timeframe on the cci for CFD trading.  I used the 26 day cci and found it gave a more accurate direction.  The 20 day cci was very similar, but not as accurate as the 26 day.  I also tried attaching a chart but have difficulty doing so.   Thank you for sharing your system with us.  I have used it on my last trade and must inform you that I am in profit.  Well done. X 

 

PS :  I'm a lady, so I may send you a X.

 

Hi Bev....I am just playing around with the cfr and cml charts and my initial conclusion is as follows :

 

1. Use the daily chart for signals

2. Use 25 CCI

3. Use the 34 day ema and 204 sma

 

Once again 204sma is purely for the long term trend.

34ema is vital for entries here..

 

Here is my system if trend is up:

 

Go long only when :

1. zero lines cut above zero

2.  Candle bar closes above 34ema

 

Both these conditions must be met

Since this is a trading the trend signal, hold on to longs till your vault gets filled and maybe another series of vaults.

 

Go short when :

1. zero lines cuts below 0

2. Candle bar closes below 34ema

 

Once again both conditions to be met.

Seeing long term trend is up ( 204sma rising) this is a counter trend trade so expect to exit quickly.

 

 

Also all please note: This is a cfd share  trade so makes no difference if you using IG or any other charting software. Market hours for shre trading on JSE,unlike trading the alsi,  is the same for all charts ie 9 to 5

 

Ok need feedback here...Bev what do you think?

 

Charts attached for CfR and CML

Attached Files

•  cml.jpg   124.42KB   25 downloads
•  cfr.jpg   128.58KB   24 downloads

[gringots]

Thanks Gringots..appreciated!

 

So u using same smas and cci 14 but using 5 min chart 9am to 5pm live trading...?? remember we using ig24 hr trading!!

 

if so ur zero line will be different from ours...means ur entry for zero line will be different to our entry!!

 

Also plz enlighten ne with the profit limit of 125 and trailing stop loss of 250 by mean of an example..

 

Assume you went long at 43000....whats ur initial stop?  and then if price moves 200 points up what happens to profit limit and trailing stop? Does profit limit means your trade will automatically close when price reaches 43125?

 

The prorealtime charts also give 24 hour trading, I've specified futures times though(08:30-17:30) because I don't want it testing trades overnight. You can get around this programmatically but I'm not there yet. I hear you about the 0 line being different I'll work on that.

 

eg.

Long at 43000, your trailing stop would be set at 42750. Let say it goes up 50 points, the trailing stop will then be set at 42800.

Yes it will close the trade when the price reaches 43125.

 

I think this setup is good, so you don't just get stopped out and you wont lose your shirt if it goes totally pear shaped. :-)

 

Here are screenshots of the backtests.

 

http://cloete.za.net/hdbcci/

Edited by gringots, 23 May 2014 - 05:09 PM.

[MiniTrader]

Hi HDB

 

I stopped out once with 50 points against me when I got a long signal just under the ave line of the BB and went up a bit and bounced back down from the BB in a weak market and CCI said get rid of the long.   That was earlier on and all my trades so far have been successful.  I received an email that the margins have increased again so I will only trade what the CCI system says on Monday.  I am done for the day.   All have a wonderful weekend.

 

 

[Qbre77]

I am up for the week, really enjoying the system, although like any system u cant just follow the signals like a robot u need to read the market before entering, Had a few short losing trades. Looking forward to next week. Thanks all. 

Later 

[HDB]

Cheers D...

 

Ok who lost money using this system live of demo during  this week???

[delta66]

stopped out 1p above entry   was a worthwhile punt but no carrot for this donkey

 

adios amigo's...c ya'll monday

[HDB]

Note: Us markets close early tonight...Monday being a public holiday for them and UK!!!

[HDB]

1. Set a take profit limit of 125 and a trailing stop-loss of 250

2. in IG, under Tools>Advanced charts, 24 hours yes, you need to activate it in IG under Account>Preferences>ProRealTime

3. The entry signals are easy to get right in the backtesting, some sort of exit signal is what I'm struggling with.

 

I've attached some info from the back test, this does not take the spread into account which could(probably will!) change the results. You can also optimize a test by giving the test a range of values for a particular parameter and it will test all combinations and give you the best result, whic is how I came by 125 and 250.

 

I'm also fairly new to this.

 

This is the code generated by the "simplified creation" of a backtest, longs only. I've added my comments in green to try and explain it better.

 

// Definition of code parameters
DEFPARAM CumulateOrders = False // Cumulating positions deactivated
trgt=125 My take profit limit
ccitrgt=5 The cci crossover value to go long, 4,5,6 and 7 gave the best result's with optimised testing
trail=250 My trailing stop value
// Conditions to enter long positions
indicator1 = Average[3](close)
indicator2 = Average[10](close)
c1 = (indicator1 CROSSES OVER indicator2) c1 represents 3 over 10 MA crossover

indicator3 = CCI[14]
c2 = (indicator3 CROSSES OVER ccitrgt) c2 represents the CCI crossing over 5

IF c1 AND c2 THEN if these 2 conditions are met then go long
BUY 1 CONTRACT AT MARKET
ENDIF

// Stops and targets
SET STOP pTRAILING trail
SET TARGET pPROFIT trgt
 

Seems I've exceeded my allotment for uploads, so I cant give you screenshots of what it looks like, I'll try put it up somewhere and send a link.

Thanks Gringots..appreciated!

 

So u using same smas and cci 14 but using 5 min chart 9am to 5pm live trading...?? remember we using ig24 hr trading!!

 

if so ur zero line will be different from ours...means ur entry for zero line will be different to our entry!!

 

Also plz enlighten ne with the profit limit of 125 and trailing stop loss of 250 by mean of an example..

 

Assume you went long at 43000....whats ur initial stop?  and then if price moves 200 points up what happens to profit limit and trailing stop? Does profit limit means your trade will automatically close when price reaches 43125?

[delta66]

talk about being brave ..i'm in long again 44906  no confirmed signal just a reckless punt

[HDB]

Not on a friday afternoon! 

 

Come on ...don't be a spoilsport! if we all collectively short , im sure we can beat these thugs at their own game!!

[gringots]

Gringots u got me here..Im actually new to IG and Aksi having only traded ALsi for last 6 months so bear with me :

 

A few questions first

 

1. plz explain limit of 125 and trailing 250

 

2. Whats pro real time? is it part of IG and if so is it 24 hrs trading?

 

3. is your exercise/backtest relating to exit signals only? ie you in a trade and don't know when to get out?

 

Excuse the ignorance andwith  all due respect to your feedback, but if you look at my rules, advise etc, I explained it like I was teaching a 10 year old child ( As per Arshad instructions from old PSG forum). Lots newbies following this thread so plz tell us in laymans language whats happening.

 

 

1. Set a take profit limit of 125 and a trailing stop-loss of 250

2. in IG, under Tools>Advanced charts, 24 hours yes, you need to activate it in IG under Account>Preferences>ProRealTime

3. The entry signals are easy to get right in the backtesting, some sort of exit signal is what I'm struggling with.

 

I've attached some info from the back test, this does not take the spread into account which could(probably will!) change the results. You can also optimize a test by giving the test a range of values for a particular parameter and it will test all combinations and give you the best result, whic is how I came by 125 and 250.

 

I'm also fairly new to this.

 

This is the code generated by the "simplified creation" of a backtest, longs only. I've added my comments in green to try and explain it better.

 

// Definition of code parameters
DEFPARAM CumulateOrders = False // Cumulating positions deactivated
trgt=125 My take profit limit
ccitrgt=5 The cci crossover value to go long, 4,5,6 and 7 gave the best result's with optimised testing
trail=250 My trailing stop value
// Conditions to enter long positions
indicator1 = Average[3](close)
indicator2 = Average[10](close)
c1 = (indicator1 CROSSES OVER indicator2) c1 represents 3 over 10 MA crossover

indicator3 = CCI[14]
c2 = (indicator3 CROSSES OVER ccitrgt) c2 represents the CCI crossing over 5

IF c1 AND c2 THEN if these 2 conditions are met then go long
BUY 1 CONTRACT AT MARKET
ENDIF

// Stops and targets
SET STOP pTRAILING trail
SET TARGET pPROFIT trgt
 

Seems I've exceeded my allotment for uploads, so I cant give you screenshots of what it looks like, I'll try put it up somewhere and send a link.

[HDB]

testing neckline again.....goodbye kiss??

[Qbre77]

Not on a friday afternoon! 

[HDB]

5 min head and shoulders just broke !! watch it carefully and we cud fall 135 points frm here!1

 

Who is brave?

[delta66]

on daily we have roughly same bounce back if looking at 10:20am-12:30 and at time of post..break higher or lower is anyone guess

[delta66]

wouldn't surprise me if it challenged R1 before fall back

[HDB]

are you a systems developer?

wish I was....It was just that wen I took time off from the forum and stopped short term CFD trades, had some time so I srated to think of devising a day trade system. Kudos to Chubby wen he mentioned the CCI...Looked deep into it and got it going, Spend a whole month panel beating it and now confident its a product that works,,,

 

As they say the less oscallators, mas, emas blah blah the better...all those make it too complicated. if you really look at it we don't even need the 3 and 10 emas while 204 and 37 juts showing medium and long term trends and support and resistance!! So end of day its basically 0 zero line cut !!

 

Remember the more you see of this 5 min chart believe me we will just know the signals automatically in the back our hands  for resistance, supports ,exits, entries, pullbacks, reversals...Juts study the chart at end of day and ask yourself why it did this here or there....Chart will show all!!

Edited by HDB, 23 May 2014 - 02:01 PM.

[HDB]

34day ema providing support here...think its going to make another hump on that bank vault!!

[delta66]

are you a systems developer?