Thanks eng_forex171
Auslanco - GBP/JPY and GBP/USD (newstrade) 235,578 replies
Auslanco-GBP/JPY Strength Indicator strategy 344 replies
My MT4 indicators for Auslanco's strategy 92 replies
manual startegy testing in mt4 2 replies
Questions About Auslanco's Trades 72 replies
Disliked15 min strategy,
I had the opportunity to do a proper backtest on the MT4 15min strategy,
Some amazing results...
91% win ratio with 6813 pips since 8th of April . Therefor we must get at atleast 75% (-15%) on live trading.
How ever I have made some changes to the settings and rules of the strategy..
1. Default stoploss of 60pips, Default Take profit 100 pips
2. You only take the trade if it occurs between 4AM GMT to 1500 GMT
3. I changed the ATR Multiplier 2, ATR period 28 on Level stop reverse indicator to give us early signals.
4. I use QQE 5 & QQE 1 in addition to QQE60 .
- after you get the two signals(Arrow & QQE 60 cross signal) You enter after the QQE5 or QQE1 cross the 50 line.
- If QQE5 cross to the opposite direction you must exit the trade.
- You can reenter a trade when QQE1 touch the 50 line and cross back towards the QQE60.
- When you get the proper entry set up , check for the 1hr momentum. If the 1hr momentum and 15 min Momentum on the new confirmation bar shows a very promising trend continuation(45 Degrees plus bent) you dont have to wait untill the 5 SMA touch to enter .
5. Also trailing stop 60pipsIgnored
DislikedAs long as you have QQE (60),(5),(1) and sma (5) and Gann(10) and Stop Level (28,2) it is OK... Since I don't use the dots (just arrows for Stop Level Indicator) I can't make any comment on the alertsIgnored
DislikedAus, I was wondering in step 4 if you exit the trade and reenter when QQE1 crosses back toward the QQE 60 do you reset your SL and TP levels from your rentry or do you use the previouse SL and TP.
Thanks in advanceIgnored
DislikedCan anyone answer this question also when QQE1 touches the 50 line do you have to wait for both the dotted and the solid line to cross or does the solid line just need to touch the 50 line for reentry.
ThanksIgnored
Disliked15 min strategy,
I had the opportunity to do a proper backtest on the MT4 15min strategy,
Some amazing results...
91% win ratio with 6813 pips since 8th of April . Therefor we must get at atleast 75% (-15%) on live trading.
How ever I have made some changes to the settings and rules of the strategy..
1. Default stoploss of 60pips, Default Take profit 100 pips
2. You only take the trade if it occurs between 4AM GMT to 1500 GMT
3. I changed the ATR Multiplier 2, ATR period 28 on Level stop reverse indicator to give us early signals.
4. I use QQE 5 & QQE 1 in addition to QQE60 .
- after you get the two signals(Arrow & QQE 60 cross signal) You enter after the QQE5 or QQE1 cross the 50 line.
- If QQE5 cross to the opposite direction you must exit the trade.
- You can reenter a trade when QQE1 touch the 50 line and cross back towards the QQE60.
- When you get the proper entry set up , check for the 1hr momentum. If the 1hr momentum and 15 min Momentum on the new confirmation bar shows a very promising trend continuation(45 Degrees plus bent) you dont have to wait untill the 5 SMA touch to enter .
5. Also trailing stop 60pipsIgnored
DislikedYou can reenter a trade when QQE1 touch the 50 line and cross back towards the QQE60.
What does that line mean? Please explain it.
Are QQE1 and QQE60 overlayed in one graph?Ignored
Dislikedseperate graphs,
QQE1 needs to touch or cross the 50line and then turn back to be heading in the same direction as the QQE60
ie QQE60 is bullish, but QQE1 is bearish, you need to wait for the QQE1 to touch the 50 line and then turn Bullish again
hope this helps.
MPPIgnored
DislikedHey guys, I am looking to get the QQE indicator coded in visual basic for another charting software other than VT. Problems is I can't find any of the math calculations to do so.
If anyone knows how the QQE is calculated or has code that can be converted from mql to visual basic I would appreciate it. Please let me know via PM if you want to be anonymous etc. Thanks!Ignored
DislikedI'm surprised there isn't more traffic on this thread.
The modified version is an amazingly accurate system.
I'm making money with it despite paying an outrageous 10 pip spread.Ignored
Dislikeddo you have a template you could post here so I can compare to what I am setting up as per the instructionsIgnored