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Quantum London Trading

  • #521
  • Aug 16, 2015 7:02am Aug 16, 2015 7:02am
Hi at all
i trade E\U only with TF 5min
i use as a filter TMA
i take trade sell or buy only the boxess wich touch the first TMA line
Attached Image (click to enlarge)
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  • #522
  • Aug 16, 2015 7:04am Aug 16, 2015 7:04am
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Click to Enlarge Name: Cattura.PNG Size: 45 KB
  • #523
  • Aug 16, 2015 7:06am Aug 16, 2015 7:06am
Attached File(s)
File Type: ex4 TMAx6.ex4   36 KB | 737 downloads
  • #524
  • Aug 16, 2015 7:25am Aug 16, 2015 7:25am
Quoting armyda
Hi at all i trade E\U only with TF 5min i use as a filter TMA i take trade sell or buy only the boxess wich touch the first TMA line {image}
Great idea - logic fits this method well imho.

Here's another one, using Supertrend from Andrew Forex Thread :

Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD H4 Supertrend.PNG Size: 30 KB


Edit : the point of this - and I imagine armyda, LL & others' variations - is to enter full size straight away at minimal risk with a clear stop.
  • #525
  • Aug 16, 2015 7:28am Aug 16, 2015 7:28am
Quoting armyda
{image}
You search a confirmation? You risk to complicate this sistem)))))
  • #526
  • Aug 16, 2015 7:44am Aug 16, 2015 7:44am
Quoting jtrade
{quote} Great idea - logic fits this method well imho. Here's another one, using Supertrend from Andrew Forex Thread : {image} Edit : the point of this - and I imagine armyda, LL & others' variations - is to enter full size straight away at minimal risk with a clear stop.
You are no longer trading quantum here ... just super trend cross.
MT4/MT5 EAs/Indicators/Alerts coder
  • #527
  • Aug 16, 2015 8:11am Aug 16, 2015 8:11am
Quoting Andrej07
It's my contribution in this topic. {image}
Andrej, did you used the original rule? or did you use your own? can you share? Thanks!
  • #528
  • Aug 16, 2015 8:22am Aug 16, 2015 8:22am
Quoting FerruFx
{quote} You are no longer trading quantum here ... just super trend cross.
Hey, FF... actually not so.

Check out some charts and you will see the sequence :

* Price extremes start being formed with Quantum zigzag (according to its parameter setting)
* Supertrend cross suggests reversal > much safer to enter (not all ST crossovers are being taken, if no Q signals preceding)
* ONE full size entry = possibility of meaningful gain.

@Andrej07 : the whole point is to seek a confirmation of reversal. Imho the fatal flaw of Quantum is the potential for huge loss. Mer - who is an expert in London BreakOut methods - seeks to address this with his variable position sizing, but this has two serious issues (again, I am expressing my opinion) : many regular trades look good on the surface "+88... +124 etc etc" but barely make enough real $ to buy a round of coffees at Starbucks AND all the while risking that 0.1% account-destroying losing sequence. A bit like selling naked options without being a market maker.

I would agree that the longer timeframes have nothing to do with the original premise of the FOLO false breakout; but as LL perceptively introduced, it makes for an interesting method for those of us seeking a longer term approach for investment ideas.

Leaving on family trip now & day trading futures during the week, so that's it from me for a while.

Good luck, & apologies to Mer for going away from the very inventive original idea (but I know as a serious trader Mer will get my drift) : I am going to monitor this Live on H4.
  • #529
  • Aug 16, 2015 8:34am Aug 16, 2015 8:34am
..............and with mers blessing I'll add some flesh to the bones next week if permitted, because we must all respect the fact that alternative methods may not be in line with the thread, and I'm the first to understand the danger of it becoming a free for all otherwise....ref my post 291

Hi FF,

I agree with your comment in principle, but we should always be looking at ways to improve aspects of our goal along with a trading plan.

I may not see eye to eye with some posters here, but that's beside the point, because development should always be the point imo.

On that basis, some, (incl myself) are trying to be inventive to get improvements, and personally I see nothing wrong with that, so long as the wishes of mer are complied with and the proper procedures are adhered to in keeping with his wishes and in respect of maintaining the threads credibility.

Regarding your comment re "no longer trading Quantum". The variations to the original method may not be identical, but I do think some are trying hard to incorporate the Quantum indicator into their trading system, and once again I see nothing wrong with that, remember, the Quantum is not, in my opinion, a standalone indicator, but it does have the potential to be a very capable identifier if coupled correctly, and I think that is simply what some of the proactive traders are trying to do.

At some point perhaps, an alternative thread may be required and started by someone who is prepared to run it, that allows the options that are being discussed to be posted without conflict to mers thread, but until that time, (as I've said often), we should not clutter this thread unduly without the proper testing and authorisation from the thread starter.

Cheers

LL
  • #530
  • Edited 9:35am Aug 16, 2015 9:18am | Edited 9:35am
Quoting mario777
{quote} Andrej, did you used the original rule? or did you use your own? can you share? Thanks!
It is the most simple example. But this example is one of many. A greed will not guide our mind.
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  • #531
  • Aug 16, 2015 9:59am Aug 16, 2015 9:59am
I'm testing this method on M5, M15 with live account.

pairs:
GBPAUD
AUDCAD
AUDJPY
AUDSGD
AUDNZD


-struggling to find the right lot size / risk, any suggestions?

account size is $1k / 1:400
  • #532
  • Aug 16, 2015 11:07am Aug 16, 2015 11:07am
Quoting mer071898
Ask any professional who trades for a living and ask what is a good year to them and they'll say maybe 20-25% a year.
Bingo! Those that don't settle for that are the ones that get eaten alive. Brokers count on the traders impatience and greed.
  • #533
  • Aug 16, 2015 11:35am Aug 16, 2015 11:35am
Quoting armyda
{file}
It's a good idea
  • #534
  • Aug 16, 2015 12:21pm Aug 16, 2015 12:21pm
Quoting openyoureyes
I'm testing this method on M5, M15 with live account. pairs: GBPAUD AUDCAD AUDJPY AUDSGD AUDNZD -struggling to find the right lot size / risk, any suggestions? account size is $1k / 1:400
Deposit*2%/SL*1000
  • #535
  • Aug 16, 2015 1:44pm Aug 16, 2015 1:44pm
Quoting jtrade
{quote} Hey, FF... actually not so. Check out some charts and you will see the sequence : * Price extremes start being formed with Quantum zigzag (according to its parameter setting) * Supertrend cross suggests reversal > much safer to enter (not all ST crossovers are being taken, if no Q signals preceding) * ONE full size entry = possibility of meaningful gain. @Andrej07 : the whole point is to seek a confirmation of reversal. Imho the fatal flaw of Quantum is the potential for huge loss. Mer - who is an expert in London BreakOut methods - seeks...
I have no problem with anyone posting alternative ideas as long as their singular in nature (not posting dozens of posts or pics), this thread is intended mainly for the original method and if you want to pursue your alternative methods, I encouragingly request to please open a separate thread or even open just a trading journal for those to follow your journey, that's all I ask (feel free to link to it if you want). FerruFX, I do not want to stifle any other great ideas from sprouting up, it only invites the possibility to make a good system great, but I do agree that threads can get convoluted pretty quick on this website.
  • #536
  • Aug 16, 2015 1:45pm Aug 16, 2015 1:45pm
Quoting Landline
..............and with mers blessing I'll add some flesh to the bones next week if permitted, because we must all respect the fact that alternative methods may not be in line with the thread, and I'm the first to understand the danger of it becoming a free for all otherwise....ref my post 291 Hi FF, I agree with your comment in principle, but we should always be looking at ways to improve aspects of our goal along with a trading plan. I may not see eye to eye with some posters here, but that's beside the point, because development should always...
Well said and you have my blessing sir. I will keep my eye on you, lol!
  • #537
  • Aug 16, 2015 1:52pm Aug 16, 2015 1:52pm
Quoting openyoureyes
I'm testing this method on M5, M15 with live account. pairs: GBPAUD AUDCAD AUDJPY AUDSGD AUDNZD -struggling to find the right lot size / risk, any suggestions? account size is $1k / 1:400
I can tell you right now that even on a micro account, trading 5 pairs on $1000 is asking for trouble using this method.
  • #538
  • Aug 16, 2015 3:43pm Aug 16, 2015 3:43pm
I think this system needs a filter
look at this chart....
TF 1min original rules
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  • #539
  • Aug 16, 2015 3:47pm Aug 16, 2015 3:47pm
How many lots saved whit a simple filter???
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  • #540
  • Aug 16, 2015 3:49pm Aug 16, 2015 3:49pm
lower TF = more whiplash / more market noise
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