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Quantum London Trading Custom EA

  • #201
  • Aug 16, 2015 2:07am Aug 16, 2015 2:07am
Quoting stormtrader
Hello guys, I have been back testing this in all kinds and ways...best results so far by far are on AUDJPY check em out {file} {image}


I dont know why or how you cant see the files but here they are again. Mind you that the docx file is quite big (71 pages) so it might take a while for your word to display it
Attached Image (click to enlarge)
Click to Enlarge Name: golden grail.gif Size: 9 KB
Attached File(s)
File Type: docx Strategy Tester Report aydjpy quantum.docx   389 KB | 525 downloads
  • #202
  • Aug 16, 2015 3:29am Aug 16, 2015 3:29am
Hi Dear mates

these two graphs are with the same setting(default). one by Alpari Nano account (4 digits) and other by IFC platform (5 digits). why?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: TesterGraph Alpari.gif Size: 26 KB
Click to Enlarge Name: TesterGraph IFC.gif Size: 20 KB
  • #203
  • Aug 16, 2015 8:10am Aug 16, 2015 8:10am
Quoting Masterrmind
{quote} Yes the 1st week applying different strategies has been great to say the least. It's good to see you testing different lot sizes and eintDepth values. I've also done this however on several pairs, several sessions and I am also testing smaller values on the eintDepth300 during low ATRs for ranging periods typical in the Asian session but also in other parts of sessions and its a cracker! I look at the previous days ATR (call it pip range if you like just to be simple) for a given session (ie Asian) from the start of the trading day through...
Hi Masterrmind,

I've been testing different pairs, settings, timeframes and lotsizes as well.
But in the backtests GBPUSD on a M1 timeframe, the results were the best.
So I will stick to these settings for now and see how it goes.

Kind regards,

Gizmo96
  • #204
  • Aug 16, 2015 9:12am Aug 16, 2015 9:12am
Mr.Masterrmind could You be so kind and post here a template with Your settings to this EA ?
  • #205
  • Aug 16, 2015 10:57am Aug 16, 2015 10:57am
Quoting tradeforlife
Thanks a lot mer071898 for this wonderful strategy and indicator. Also I would like to thank Vlad13685 for developing the EA based on this indicator. I was using the version 1.3 of the EA for last 4 days (from 11th to 14th) and the result looks amazing... so far the first week is successful. I'm just waiting to see the issues raised by people here on this strategy and wanted to know how drastic it would be... The below result if from a live small account. I have used the basic settings of 325, only 0.01 lots for all trades and trading most of the...
can u share your set file for v1.3?..
  • #206
  • Aug 16, 2015 11:30am Aug 16, 2015 11:30am
Quoting poksak
{quote} can u share your set file for v1.3?..

what is a set file?
  • #207
  • Aug 16, 2015 12:02pm Aug 16, 2015 12:02pm
your quantum ea v1.3 settings..
  • #208
  • Aug 16, 2015 4:57pm Aug 16, 2015 4:57pm
Quoting poksak
your quantum ea v1.3 settings..

Please find my EA settings below. I have traded only for 4 days and have to continue for some more time to confirm anything...
Attached Image (click to enlarge)
Click to Enlarge Name: EA_Settings.png Size: 62 KB
  • #209
  • Aug 16, 2015 5:29pm Aug 16, 2015 5:29pm
Quoting tradeforlife
{quote} Please find my EA settings below. I have traded only for 4 days and have to continue for some more time to confirm anything... {image}
Nice results. Are your results from only one pair?
  • #210
  • Aug 16, 2015 5:30pm Aug 16, 2015 5:30pm
Quoting aagarcia
{quote} Nice results. Are your results from only one pair?
Yes, only GBPUSD and 1 minute chart...
  • #211
  • Aug 16, 2015 6:13pm Aug 16, 2015 6:13pm
Quoting tradeforlife
{quote} Yes, only GBPUSD and 1 minute chart...
Thanks. How does the Trading Window Start and End Time (broker work)? If my broker right now is GMT +3 what times do I use? Or do I use the Default always?
  • #212
  • Aug 16, 2015 6:45pm Aug 16, 2015 6:45pm
Quoting aagarcia
{quote} Thanks. How does the Trading Window Start and End Time (broker work)? If my broker right now is GMT +3 what times do I use? Or do I use the Default always?

I trade 24/5 but some time i switch it off based on the market condition and the news... so it depends on you how you want it...
  • #213
  • Aug 16, 2015 7:01pm Aug 16, 2015 7:01pm
Quoting tradeforlife
{quote} I trade 24/5 but some time i switch it off based on the market condition and the news... so it depends on you how you want it...
Thanks tradeforlife. I see you are using 325 for depth in the EA. Do I need to change the indicator value from default 300 to 325 as well?
  • #214
  • Aug 16, 2015 10:23pm Aug 16, 2015 10:23pm
Quoting gizmo96
{quote} Hi Masterrmind, I've been testing different pairs, settings, timeframes and lotsizes as well. But in the backtests GBPUSD on a M1 timeframe, the results were the best. So I will stick to these settings for now and see how it goes. Kind regards, Gizmo96
The GBPUSD pair on average and over multiple TF's tends to produce the most consistent returns historically.

This may or may not change in the future........ time will answer this for us.

There are other pairs however during particular trading sessions that can produce higher returns with lower DD but that's an exercise each trader will need to investigate. Just because it did well in the past does not mean it will do well forever (it will not!)

So we use our analysis of a given currency pair over multiple test periods to form an opinion of its 'likely' result heading forward and to make comparisons if we choose against other currency pairs.

I think sticking with your current settings is a good idea if that's working for you.
There is no need to change anything if you make consistent gains however do not make the mistake of trading unprotected.

By unprotected I mean NOT having a level on your chart at which point you will close out some and/or all of your trades if price continues to go against you in a 'big' way as in a major trend change without a retracement that generates a close signal.

A %Equity Stop Loss in the EA could be used but you should be aware that should the internet lose connection then your broker will not be given any instructions from your EA so you should consider having a 'hard SL'.

Much of the risk you have may also depend on the purpose of the trading account and if you consider it as highly speculative or as a 'bread and butter' account.

Good trading,

Masterrmind...........
Master your Mind then Master your Trades
  • #215
  • Aug 16, 2015 10:29pm Aug 16, 2015 10:29pm
Hi Vlad,

An update on the trade opening on reversal issue with Exness broker I have highlighted earlier. I am not sure why maybe exness is ECN broker that causes this issue? Anyway, I have the EA unning on a GoMarkets account and it works perfectly, it closes trades on a reversal and immediately opens the reverse position as it should.

Thanks for all your efforts with this

maahome
  • #216
  • Aug 16, 2015 11:10pm Aug 16, 2015 11:10pm
Quoting overpower
Mr.Masterrmind could You be so kind and post here a template with Your settings to this EA ?
Hi overpower,

My set file may not be of any use to you since my trading strategy is very likely to be different from yours.

If you are trading live then the 'safest' settings are always to have the biggest account size and trade at the smallest lot size for every entry.

For the GU pair I suggest the default settings unless your account size is less than 10 000 in which case I would say to use minimum lots of 0.01 over all trades to increase the longevity of your trading account.

For account size greater than 10 000 then increase in multiples of 0.01/10K account balance based on current default settings.

For example for a $100 000 trading account you could use the following sequence:

Trades 01-12 from 0.01 to 0.1 lots
Trades 13-21 from 0.02 to 0.2 lots
Trades 22-29 from 0.05 to 0.5 lots
Trades 30-36 from 0.13 to 1.3 lots
Trades 37-40 from 0.34 to 3.4 lots
Trades >40 from 0.89 to 8.9 lots

Then test in the strategy tester as a simple guide to finding out how well or how badly such an account balance and lot sizing relationship performs.

Important: Do not avoid known trading periods that cause large DD, rather you should aim your test at these periods! It will show you how well or how badly your account to lot sizing holds up in the darkest of days.

In live trading expect lower performance due to spread variation, ping times and execution in opening and closing trades etc etc.

If you live test to market a set of trades you can easily go back into the strategy tester for the same trading period and then make valid comparisons between strategy and live trading.

Do this on several occasions and you start to form an opinion of strategy tester results versus 'likely' live trading results for future trade entries.

Since I trade through many sessions I may use different eintDepth 3 and lot sizing values during say the Tokyo Session compared to the London Session due mainly to the expected volatility in the bigger session.

So if I am using the EA for trade entries then I have to make changes to the input eintDepth3 and lot size values before it trades in the London Session.

On the 1st trading day of the week I may use (as an example an eintDepth 3 value = 300 for the entire trading day however my lot size may reduce during the hour or so prior to FF open because I anticipate far more trades to be opened.

I may also close out trades manually based on other trading techniques.

ps. Today I am trading the GU pair with an eintDepth 3 = 300 for the entire trading day, tomorrow the setting may be the same or lower. I am also trading other pairs.

Good trading,

Masterrmind...........
Master your Mind then Master your Trades
  • #217
  • Aug 16, 2015 11:45pm Aug 16, 2015 11:45pm
Quoting bazze
{quote} Please, do you have a setfile to share?
Hi Bazze,
Please find the set file attached.
I had to rename the file to .txt, otherwise I couldn't upload it.

Kind regards,

Gizmo96
Attached File(s)
File Type: txt Quantum.txt   < 1 KB | 393 downloads
  • #218
  • Aug 17, 2015 12:19am Aug 17, 2015 12:19am
hello do i need to do something special
to make it work into my Mt4
because i put right place and does not show in mt4 i have 2 platform and does then same in both platform please thank
Ps if you know a good code to match 2 indicator i would like to try please thanks
i want make robot for 4h
thanks
  • #219
  • Aug 17, 2015 12:32am Aug 17, 2015 12:32am
Quoting maahome
Hi Vlad, An update on the trade opening on reversal issue with Exness broker I have highlighted earlier. I am not sure why maybe exness is ECN broker that causes this issue? Anyway, I have the EA unning on a GoMarkets account and it works perfectly, it closes trades on a reversal and immediately opens the reverse position as it should. Thanks for all your efforts with this maahome
A further update, the problem with Exness appears to be when it requotes so I am thinking that for ECN brokers perhaos there needs to be a retry to place the order when it fails. I noticed in a slow market it works fine but when there is movement then it creates a requote and gives an error 138 so not sure if there is a solution there Vlad.

Regards
maahome
  • #220
  • Aug 17, 2015 1:10am Aug 17, 2015 1:10am
Quoting maahome
{quote} A further update, the problem with Exness appears to be when it requotes so I am thinking that for ECN brokers perhaos there needs to be a retry to place the order when it fails. I noticed in a slow market it works fine but when there is movement then it creates a requote and gives an error 138 so not sure if there is a solution there Vlad. Regards maahome
Cool thanks that error 138 helps - will fix soon as I get a chance!

Time is a challenge at this stage, but we will get there!

Regards

Vlad
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