Quantum London Trading

I think if as an option you don't open a new trade if it is not 2-3-5-x pips away from the last box, at least...that would filter the number of entries nicely.
On the other hand, when the system works right, as it does, ( if you have a deep pocket to start with, of course), then limiting the entries number means limiting your profit potential.
For the sake of limiting drawdown, I tend to ignore any new signals IF it is within 5 pips of the previous box's entry.

Your is a filter im agreee to you
the system need a filter

or a very deep pocket as the OP stated.
I don't have a very deep pocket for it, not in the moment at least.
thus left with the finding a suitable way to convert it to something that fits me...ie. find a filter to lower the entry numbers, and potential drawdown.

The problem is that the TMA indicator repaints, can not make a visual blacktesting

This might sound a bit controversial, but I have to say at the end of the day YOU are responsible for your own RESULTS.
Mers has been trading this system for the past 10 months and he's still trading it...Meanwhile, some of you guys are worried so
much about DRAWDOWN....

This system allows you to be CONSISTENT, and I am very certain that the MONEY will come later....Your Lot size is more important
than the amount of pips you make....And, I do know somebody that makes close to $10,000+ USD off of a 20pips move from time
to time. When you think about it, it's really not that complicated or a Big Deal... You just have to trust the system or becoming the
system...

Honestly, there's no way we could have a living off of a $5-$10 a week, but if we trust ourselves and be consistent. We can create
a lot of damages in this Market....

"Damn! I could have won this morning, If I opened them trades through the Blue or Red Boxes" ----That's the thought of a loser.

STOP IT and allow yourself to embrace DRAWDOWN so that you can make the System works for you no matter what.

If TMA repaints so what about BB 20, 2.5 and same rules as armyda?

My August 12th chart looks nothing like that, might want to double check your settings and if you followed my results in post #441, we were way out of the trade early on.

Use whatever filter you desire, if you read the whole thread, this already has been pointed out numerous times.

Hi all

Mer has granted permission, with limited conditions remember, to discuss trading options and methods that may be favourable for some.

On that basis, and hopefully being careful not to overstep the mark, I shall start to describe how I'm approaching the Quantum based strategy, which is designed to keep dd minimal.

Before that though, big thanks must go to mer and Vlad, who has enabled the Quantum to be used in a another window, which for me is extremely useful, and will become clearer in each stage.

Very briefly, I use a standard set-up that has served me well for a long time, and that still forms the basis of my approach, previous posts describe that a little more.

Anyhow, here is a chart of my standard set up without Quantum which usually yields about 60% of the whole move, and as I've mentioned previously, my objective is to try to hoist that up to 80%, which will allow more add ons and pp during the run.

(Note, I am not a fan of candles personally and very rarely use them, because they serve no purpose to me, but that's another debate, and it's a bit late for that today.)

The arrow shows the chunk that I currently typically target, and those 2 dots that are boxed, present more buying opprtunities.

Then the next chart will show the Quantums added (which, for the purposes of clarity, at this stage, I've added one in the main window and a lower one, so that everything is clear to you., and then the picture starts to reveal itself with how a practical means of trading with it can be applied.

I will attach the indicators that I'm using, they are pretty basic, nothing special, and you can adjust the settings/colours etc to your taste.

I'm happy to help anyone that needs it btw, but please note 2 important things, I like people to build things for themselves, because in my experience that way they tend to to learn more and take it on board better with a greater understanding, so I will not spoon feed or simply create a template to copy....you must build it with the tools provided!

Ok, first image of m15 UC, with indicators used on it's way (VQ & Ultimate Alert indis do exactly the same thing btw...I happen to prefer Ultimate, no real reason) Also note, I use a standard stochastic, without any colouring, which I use purely for OB/OS zones

It's getting late here, I may post the next chart shortly or wait til tomorrow, I'll see how the coffee goes lol

Cheers

LL

OK,

Here's the next image, same m15 UC chart which now has the Quantums added, in main and lower window just to see how it looks. MY settings happen to be 30 and 60, which seems to give a fair result in most t/fs, but again, adjust to your own preferences.

Incidentally, you will notice that both lines in the upper and lower windows closely resemble oneanother, and that is by design. A little later we can see how we could remove stuff we don't need, but for now, take a look at the chart attached, and some obvious things will start occurring to you I'd imagine.

Cheers

LL

Now, we can start seeing the value of having Vlads Quantum in the lower window, and when we ally that to our OB/OS regions, we can start to clearly see the woods from the trees, which we didn't have in the main window and thus couldn't determine the OB/OS so easily.

So, what have we got so far....well now that we have a line chart in the main window that reflects the Ultimate indicator in the lower window (near as damn it that is.), and we know where the most likely buying and selling zones are (OB/OS) and we have the Quantums in our lower window also telling us the optimum time to buy or sell, we pretty much have a strategy we can trade as is now.

Our entry is a box in a zone...our target is in a box in a zone. It really is that simple.

We can make it even easier, look at the next chart attached, and we can start removing what we no longer need

That's all for today, we can finish off tomorrow, and start posting some live trades, which hopefully mers ok with

Cheers

LL

thanks for sharing,
please include a template

I'm happy to help anyone that needs it btw, but please note 2 important things, I like people to build things for themselves, because in my experience that way they tend to to learn more and take it on board better with a greater understanding, so I will not spoon feed or simply create a template to copy....you must build it with the tools provided!

No one asked for your "help"
I asked because it is rather time consuming to build all that / including a template makes the backtesting of your system easier.

You are kidding...right!

No, I am not kidding.
%98 of the systems that are shared here are huge fails.
I appreciate your effort anyway...

this is not the quantum ea thread, and I don't do demo trades.
so my time is valueable during trade hours...

Mate....I'm giving you (for zero charge) a step by step instruction how to profit effectively using the Quantum, the steps haven't even finished yet, and you are asking for a template! Others on here, like to get a complete grasp of the strategy employed, and that is my sole reason for taking it slowly, so that everyone who is interested can learn and gain the full benefit....not just you I'm afraid, sorry.

I asked for a template, because it is the normal thing to provide a template. (not because I need it)
You are saying that you are offering the holy grail.
Thank god I don't need rude people like you to spoon-feed me. (I am long NASDAQ Biotech ~1 year, with a 5 digit account. You do the math.)