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Quantum London Trading

  • #381
  • Aug 10, 2015 11:15am Aug 10, 2015 11:15am
Hi all here,
I'm new in this thread and this looks interesting. First of all, thanks to @Mer071898 for this system and everybody here for contribute
I'm trying a rudimental manual backtest with this rules:
-GBP/USD
-Opening orders only from FF Open to FF Open + 2
-Quantum indicator set in 150
-Close All orders when a opposite box appears
(on different brokers the signals could be differents, I'm using ActivTrades)

Manually (it takes me time) I recorded from today until start of july (just 29 days, I will continue...), and these are the results:
-200 trades (184 wins - 92%)
-2250≈ pips
-avarege trade hours less then 3 hours from FF Open

The DD is an issue, like said @callmejack some days need faith. Need more backtest, and meanwhile I'll start forwardtest with those rules.
(in the backtest I'm recording every days but I would suggest to pass over GBP big news days)
I attach the spreadsheet where i'm doing the manual backtest if you want to take a look and comment...
Attached File(s)
File Type: xls QUANTUM.xls   13 KB | 427 downloads
  • #382
  • Aug 10, 2015 11:41am Aug 10, 2015 11:41am
Quoting tikku
{quote} could u post your pip counter indi? would be great
Its already in the clipboard. Look at Post 210. Called i-Profit Tracker-Fixed.ex4
  • #383
  • Aug 10, 2015 12:00pm Aug 10, 2015 12:00pm
today is a litmus test of this trading strategy, as sell orders/trades opened at !3.00 Gmt+2 are still open and the trade is currently more than 450pips in the negative.
Do you hold or do u close as more and more boxes are being painted. We will see, how this will pan out and those whom are currently in this trade will have to make some pretty interesting decisions. lets share them with this rest of the gang..

Good luck to those like me whom need it
Without God we are nothing
  • #384
  • Aug 10, 2015 12:15pm Aug 10, 2015 12:15pm
I am also today in the red until now..i close boxes manually mostly..we'll see as there will be 2 more hours..
Carpe Diem
  • #385
  • Aug 10, 2015 2:11pm Aug 10, 2015 2:11pm
these are today's results on 19/28 pairs opened automatically and closed mostly manually with the exception due to the ending time
Attached Image
Carpe Diem
  • #386
  • Aug 10, 2015 2:28pm Aug 10, 2015 2:28pm
why not enter when red box is lower than the one right before it ? (and blue higher than the previous one). Seems that when it happens its close to the reversal and itat least prevents you from opening too many orders.
I took this picture from checkz just to show what i mean.
Attached Image (click to enlarge)
Click to Enlarge Name: checkz.png Size: 31 KB
  • #387
  • Aug 10, 2015 5:17pm Aug 10, 2015 5:17pm
Quoting mpew
Again guys (and gals), that's why we start before the Frankfurt open, which is an hour before the London open. It almost always give a false read of the true trading trend which is normally established after the London session kicks in. i have question to MER, so just like case on 10 july, your sell trade is still open until the market close, so when 11 july before frankfut open there is buy signal, what you do that time? do you close the trade or wait until frankfut open and wait for the signal agin thank you very much MER, i really interested...
When you take your first sequence of trades and they close out, you shouldn't take any more trades until after you new start time the next day. Now if you have a sequence of trades that run into the next day and goes past your normal start time, I do not enter any new trade sequences until that particular run is over.
  • #388
  • Aug 10, 2015 6:27pm Aug 10, 2015 6:27pm
Here a perfect example why we shouldn't take trades late in the day. Huge rise up with numerous short trades only to get caught in the ranging period. 17 out of the 20 trades would be losers. Volume and price action are your friends here.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 265 KB
  • #389
  • Aug 10, 2015 6:40pm Aug 10, 2015 6:40pm
Quoting mer071898
Here a perfect example why we shouldn't take trades late in the day. Huge rise up with numerous short trades only to get caught in the ranging period. 17 out of the 20 trades would be losers. Volume and price action are your friends here. {image}
Yes indeed.

Volume and price are very much your friends....

Tokyo about to kick off and a new trading day begins.

Masterrmind............
Master your Mind then Master your Trades
  • #390
  • Aug 10, 2015 8:37pm Aug 10, 2015 8:37pm
Tokyo Open

GBPUSD [M1 Chart]

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 22 KB


6 short trades

Total = +86.9 pips

manual close all in about 30 minutes!

Note: Sydney also had 2 long entries as winners but NOT taken.
Just don't expect to get big pips in this session as it usually does not happen.

Masterrmind...........
Master your Mind then Master your Trades
  • #391
  • Aug 10, 2015 9:55pm Aug 10, 2015 9:55pm
GBPJPY [M1 Chart]

6 short trades

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 28 KB


Trade #1 = 36.7 pips
Trade #2 = 34.5 pips
Trade #3 = 30.8 pips
Trade #4 = 25.2 pips
Trade #5 = 23.1 pips
Trade #6 = 17.2 pips

Total = +167.5 pips!

Manual close by choice at level shown on chart.

Note: make use of pairs in sync with others.... plenty of opportunities if you look at the charts.

Now the +86.9 pips taken from the GU trade does not look all that bad when you add another +167.5 pips from this GJ trade.....

Masterrmind..........
Master your Mind then Master your Trades
  • #392
  • Aug 10, 2015 10:13pm Aug 10, 2015 10:13pm
Now I'll wait until closer to FF before considering further entries.

Masterrmind......... :nerd:
Master your Mind then Master your Trades
  • #393
  • Aug 11, 2015 1:57am Aug 11, 2015 1:57am
GBPUSD [M1 Chart]

3 shorts closed out in just over 30 minutes.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 23 KB


Trade #1 = +21.0 pips
Trade #2 = +20.3 pips
Trade #3 = +17.2 pips

Total = +58.5 pips

manual close just before London starts up!

Masterrmind..........
Master your Mind then Master your Trades
  • #394
  • Aug 11, 2015 2:00am Aug 11, 2015 2:00am
Quoting Masterrmind
GBPUSD [M1 Chart] 3 shorts closed out in just over 30 minutes. {image} Trade #1 = +21.0 pips Trade #2 = +20.3 pips Trade #3 = +17.2 pips Total = +58.5 pips manual close just before London starts up! Masterrmind..........

What is your setting Mastermind? is it 325 or 300? I'm using 325 and didn't get the red box and price retraced all the way back down...
  • #395
  • Aug 11, 2015 2:04am Aug 11, 2015 2:04am
Quoting tradeforlife
{quote} What is your setting Mastermind? is it 325 or 300? I'm using 325 and didn't get the red box and price retraced all the way back down...
Good question and the answer is that I vary the value depending on the overall "look" of the chart.

But for those entries I use 300 as I do most of the time BUT certainly not all the time.

Masterrmind........
Master your Mind then Master your Trades
  • #396
  • Aug 11, 2015 2:19am Aug 11, 2015 2:19am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD1108.png Size: 14 KB


GBPU/USD M1
From FF Open (8:00 to 8:52)
1# +18
2# +22
3# +22
4# +25
5# +26
6# +26
7# +30
8# +29

Total ≈198 pips
  • #397
  • Aug 11, 2015 3:53am Aug 11, 2015 3:53am
Quoting Masterrmind
{quote} Good question and the answer is that I vary the value depending on the overall "look" of the chart. But for those entries I use 300 as I do most of the time BUT certainly not all the time. Masterrmind........
Hi MM

I don't apply the Quantum the way you do, but for those that like your way I'd suggest that you put a setting that you use per trade, instead of just saying you made x amount of pips, and leaving people confused how you set the chart for that arrangement.

Cheers

LL
  • #398
  • Aug 11, 2015 3:58am Aug 11, 2015 3:58am
Quoting Masterrmind
{quote} Good question and the answer is that I vary the value depending on the overall "look" of the chart. But for those entries I use 300 as I do most of the time BUT certainly not all the time. Masterrmind........
  • #399
  • Aug 11, 2015 4:11am Aug 11, 2015 4:11am
Quoting tradeforlife
{quote}
Consider 300 for all GU trades unless otherwise stated!

Masterrmind...........
Master your Mind then Master your Trades
  • #400
  • Aug 11, 2015 4:25am Aug 11, 2015 4:25am
Quoting Landline
{quote} Hi MM I don't apply the Quantum the way you do, but for those that like your way I'd suggest that you put a setting that you use per trade, instead of just saying you made x amount of pips, and leaving people confused how you set the chart for that arrangement. Cheers LL


Masterrmind........
Master your Mind then Master your Trades
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