Quantum London Trading Custom EA | Page 6 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Quantum London Trading 4,442 replies

Quantum 00 Level Daily Trading 137 replies

My Quantum London EA Journal 82 replies

Quantum Physics and trading forex 74 replies

Short Term Trading is Quantum Physics 55 replies

Attachments: Quantum London Trading Custom EA
Exit Attachments

Quantum London Trading Custom EA

  • #101
  • Aug 10, 2015 10:01am Aug 10, 2015 10:01am
Quoting reinerh
{quote} i could not agree more with your reasoning = with a dd based system one has to keep in mind there must be a somewhat reasonable worst case scenario. that being said the eq loss also cant be set to low. there is a statistical optimum and my gutt feeling agrees that 25% must be about right. also your setting = trading around the clock might be beneficial. my initial thought was as per original rules might be best. but if i understrand mers correctly he trades only one sequence. that will keep profits low. so that being said i have seen gu...
Yeah absolutely agree with you. We have to eliminate or control those sharp one way moves with this system to prevent account disaster.

That being said, while backtesting is a great tool, it doesn't provide a true picture of live day to day trading conditions. What I mean is I wouldn't trade this knowing there is a rate decision coming up or any other major market moving conditions. The backtest just goes and encompasses every rate decision, every nfp, every Greek bailout. Going forward, we choose when to play and when not to play. The ea is just there to make our lives easier, we still make the decisions though.
  • #102
  • Aug 10, 2015 10:09am Aug 10, 2015 10:09am
Quoting TheDirtySerb
{quote} Yeah absolutely agree with you. We have to eliminate or control those sharp one way moves with this system to prevent account disaster. That being said, while backtesting is a great tool, it doesn't provide a true picture of live day to day trading conditions. What I mean is I wouldn't trade this knowing there is a rate decision coming up or any other major market moving conditions. The backtest just goes and encompasses every rate decision, every nfp, every Greek bailout. Going forward, we choose when to play and when not to play. The ea...
yes news needs to be watched. gpd number is a big one for gu, and a few more. this pair has big one way moves from time to time in early europe session.

set and forget is not the way to go about it, one has to be responsible and wise.

i also like mers thinking regards best trading days and lot progression. tuesday wed thursday are my favorite days as well for trading. market is much more predictable to me.
  • #103
  • Aug 10, 2015 10:23am Aug 10, 2015 10:23am
vlad,

thank you soooooooooooooo much for coding this wonderfull tool.

the latest version has lots of possibilities.

you must be a very talented coder, i am sure it was not all too easy implementing the latest features.

one request i have if possible, a setting to have the option to trade only one sequence.

meaning when sequence closes on opposite signal, no more new trades.
  • #104
  • Aug 10, 2015 12:10pm Aug 10, 2015 12:10pm
Quoting Masterrmind
{quote} It appears to simply continue trading after a reversal box appears by opening a trade in the opposite direction of the first group of trades. This is what it is supposed to do except that the group of trades fail to be closed. Journal and experts tabs do not indicate any error but rather a progression from say selling orders straight into buying the 1st reversal order. Masterrmind.........
Hey MM, I am struggling to replicate this on my side. Is anyone else having this issue?

Could you maybe PM me your set file so I can have a look if its a specific setting that is causing this issue?

Cheers

Vlad
  • #105
  • Aug 10, 2015 12:13pm Aug 10, 2015 12:13pm
Quoting bishopdotun
Hi Vlad, V1.3 continues to close trades as soon as spread is covered and profit gets to 0.0. Please check the code. The expert does not report any error. Regards.
What have you set these 2 settings to?
Attached Image
  • #106
  • Aug 10, 2015 12:16pm Aug 10, 2015 12:16pm
Quoting Vlad13685
{quote} What have you set these 2 settings to? {image}
Just as shown in the image
  • #107
  • Aug 10, 2015 12:18pm Aug 10, 2015 12:18pm
Quoting budidharma19
Dear Vlad, I use for 24/7 trading,... started this morning,... so far so good,.... But in backtest,... I try to make SL $ = -50 ,.... no stop made,... How to make stop loss with $ value ? Thanks, Budi
That should work...

Can you send me your set file so I can check if it is working correctly with your settings?

Regards

Vlad
  • #108
  • Aug 10, 2015 12:18pm Aug 10, 2015 12:18pm
Quoting qayyum009
{quote} Awesome work , Can you add an option so that , when a Buy signal was triggered in EA during trading hours There would be no sell trades opened for Rest of the day . Also , The trades opened should be closed even after the trading time ended . Thanks
Sure I will add in v1.4

Regards

Vlad
  • #109
  • Aug 10, 2015 12:19pm Aug 10, 2015 12:19pm
Quoting TheDirtySerb
Not sure what happened, but the ea did not open any trades for me overnight. I do not see any error messages.
Can you send me set file to test?

Thanks

Vlad
  • #110
  • Aug 10, 2015 12:21pm Aug 10, 2015 12:21pm
Quoting tradeforlife
Hello Vlad@ Could you please add a functionality in the EA to give alerts when there is a box displayed and also functionality to switch on/off taking trades as some people want only alerting to test? I tried to add this into the indicator but it didn't work... thanks for all your help...
Wouldn't it just be easier if I add an alert to the indicator for you?

PM if you want

Regards

Vlad
  • #111
  • Aug 10, 2015 12:22pm Aug 10, 2015 12:22pm
Quoting reinerh
vlad, thank you soooooooooooooo much for coding this wonderfull tool. the latest version has lots of possibilities. you must be a very talented coder, i am sure it was not all too easy implementing the latest features. one request i have if possible, a setting to have the option to trade only one sequence. meaning when sequence closes on opposite signal, no more new trades.
Cool will add it to v1.4

Regards

Vlad
  • #112
  • Aug 10, 2015 12:23pm Aug 10, 2015 12:23pm
Quoting bishopdotun
{quote} Just as shown in the image
Ok send me your set file and I will do some testing to find the bug.

Regards

Vlad
  • #113
  • Aug 10, 2015 12:24pm Aug 10, 2015 12:24pm
Thanks for all the feedback on bugs and suggestions for v1.4!

I'm spending some time with the wife and kid tonight! So will continue to dev the system tomorrow. Keep the ideas rolling in.

Enjoy the rest of the day/eve!

Vlad
  • #114
  • Aug 10, 2015 1:04pm Aug 10, 2015 1:04pm
hello guys, i was tryint to backtest this, but it keeps me saying
2015.08.10 19:10:02.248 2015.08.10 20:26 Quantum London Trading EA v1.3 EURUSD,M1: OrderSend error 131

what am i doing wrong ?
  • #115
  • Aug 10, 2015 10:19pm Aug 10, 2015 10:19pm
Hi Vlad and Mer,

1st of all thank you very much for all the information/Indis/EAs you have shared. I am a newbie and have been looking for a very simple strategy and this is one of the best but simple strategy i have found.

I have also tried to forward test the EA v1.3 and I have also experienced what Mastermind has shared that it is not closing the previous orders even though a new signal/orders have been opened.

I'll continue to forward test it so in my little and newbie way I can help to improve the EA/system. Thank you!
  • #116
  • Aug 10, 2015 10:47pm Aug 10, 2015 10:47pm
Like we all agree, the DD will come. It is only a question of when. Yesterday was a classic example. How can this be avoided?

- Grid approach: I think a 30 pip grid is ok for GBPUSD and max of 3 trades per grid. I will consider 250 pip grid for XAUUSD with a max of 4 trades per grid
- Candle count gap: at least a space of 5 1minute candles between trades
- I like to use at least 4 grids to set up lot progression within each grid
- Avoid big GBP and USD news days
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDM1-Aug 11.png Size: 44 KB
Click to Enlarge Name: XAUUSDM5- Aug 11.png Size: 62 KB
  • #117
  • Aug 10, 2015 10:53pm Aug 10, 2015 10:53pm
Quoting lcouto
hello guys, i was tryint to backtest this, but it keeps me saying 2015.08.10 19:10:02.248 2015.08.10 20:26 Quantum London Trading EA v1.3 EURUSD,M1: OrderSend error 131 what am i doing wrong ?
Hi,

Does your broker have certain limits in terms of minimum lots other than 0.01 or a minimum lot step? Same for Max lots? I'll add an additional check for this in 1.4

Regards

Vlad
  • #118
  • Aug 10, 2015 10:56pm Aug 10, 2015 10:56pm
Quoting drixgatsby
Hi Vlad and Mer, 1st of all thank you very much for all the information/Indis/EAs you have shared. I am a newbie and have been looking for a very simple strategy and this is one of the best but simple strategy i have found. I have also tried to forward test the EA v1.3 and I have also experienced what Mastermind has shared that it is not closing the previous orders even though a new signal/orders have been opened. I'll continue to forward test it so in my little and newbie way I can help to improve the EA/system. Thank you!
Hmm this is stange....

So just to get it right... for example if you have 5 buy orders open, and then a red box pops up, a new sell order opens, but the previous 5 buy orders remain open?

Can you please send me your set file so i can try replicate it? Also pls PM me your broker name so I can check if it has something to do with their rules?

Regards

Vlad
  • #119
  • Edited Aug 11, 2015 12:45am Aug 10, 2015 11:03pm | Edited Aug 11, 2015 12:45am
As per logic of the original thread,
- start time to trade is after 5 am GMT
- only trade the first set of signals (whether buy or sell ) until 1 or 2hrs after the London open
- Close all trades when 1st / 2nd opposite signal appears after that

Even with that, there were days when the market went crazy.

I will go with the grid and candle gap logic for now. Visually, it seems to reduce number of trades and better potential for profit with lot progression

Other things to consider
- In the XAUUSD image posted earlier, after the peak of the sell trades, looking to the right, some sell trades were placed in the grid just lower. The EA should recognize the cycle and continue operations
  • #120
  • Aug 11, 2015 4:36am Aug 11, 2015 4:36am
Until Vlad provides the improved EA with the grid and candle / pip gap filter and other improvements, I will let this simple EA continue taking all trades
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDM1-Aug 11 2.png Size: 51 KB
Click to Enlarge Name: XAUUSDM5- Aug 11 2.png Size: 56 KB
0 traders viewing now