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Quantum London Trading

  • #1,301
  • Aug 29, 2015 12:22am Aug 29, 2015 12:22am
Quoting Masterrmind
GBPUSD [M1; 315 - 315/manual] 35 trades still running............. {image} manual TP set well before market close @ 1.53420; manual SL set well before market close @ 1.53200; Due to the need to sleep - the EA was pulled from the chart and TP + SL applied. Prefer not to allow the EA to control non-monitored trades at this stage. The market would need to gap down about 78 pips come Monday (Sunday night for other friends) to close out all trades. If the EA had of been allowed to close out all the trades (or if I had of stayed up very late)...
Outstanding job MM, I really am starting to like your take on the Asian session.
  • #1,302
  • Aug 29, 2015 12:24am Aug 29, 2015 12:24am
And for those who do not like to have that many trades open, there are plenty of points along the way to close out smaller groups of trades. I don't want you to feel you have to incur the DD everyone is so fond of pointing out.
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I will be out of town this weekend but will be back Sunday evening for trading, have a nice weekend an clear your heads for next week.
  • #1,303
  • Aug 29, 2015 1:15am Aug 29, 2015 1:15am
hi to all
very good strategy mer
thanks
i dont want to change something
but can you see this?
less noise, less orders,less risk (and profits)
maybe i am wrong but see it for any case
thanks

Attached Image (click to enlarge)
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  • #1,304
  • Aug 29, 2015 1:43am Aug 29, 2015 1:43am
Quoting mer071898
And for those who do not like to have that many trades open, there are plenty of points along the way to close out smaller groups of trades. I don't want you to feel you have to incur the DD everyone is so fond of pointing out. {image} I will be out of town this weekend but will be back Sunday evening for trading, have a nice weekend an clear your heads for next week.
Yes. This is what I've done from the beginning (usually in Asian session). Thanks for sharing. Good system. -Jason
  • #1,305
  • Aug 29, 2015 3:32am Aug 29, 2015 3:32am
Quoting mer071898
{quote} Nothing I can do about the broker feeds my friend, that's part of the reason I hate MT4 for actual live trading. Comparing two different brokers is apples to oranges.
The comment about the differences was meant for the masses really not for you as you would clearly be aware of this anomaly between brokers.

It was meant more as a little humor [perhaps I should have included this........... [....... ........].

Totally agree with you regarding MT4........ no-one would know until they've tried other platforms!

Masterrmind...........
Master your Mind then Master your Trades
  • #1,306
  • Aug 29, 2015 4:27am Aug 29, 2015 4:27am
Quoting dimdel
hi to all very good strategy mer thanks i dont want to change something but can you see this? less noise, less orders,less risk (and profits) maybe i am wrong but see it for any case thanks {image}
Personally I like what you are trying to achieve.

Slightly higher TF and a method to filter out too many trades before the reversal occurs.

How does it handle several months on GU [M5] ?

Masterrmind............
Master your Mind then Master your Trades
  • #1,307
  • Aug 29, 2015 6:01am Aug 29, 2015 6:01am
Quoting Masterrmind
{quote} Personally I like what you are trying to achieve. Slightly higher TF and a method to filter out too many trades before the reversal occurs. How does it handle several months on GU [M5] ? Masterrmind............
hi mastermind

It would be very useful if we have an EA with these parametres , for backtest
at least would exclude it from our options

thanks
  • #1,308
  • Aug 29, 2015 6:38am Aug 29, 2015 6:38am
Quoting dimdel
{quote} hi mastermind It would be very useful if we have an EA with these parametres , for backtest at least would exclude it from our options thanks
Yes and just so you know Vlad has uploaded EA v1.6 (Quantum London Trading EA thread) and it includes 2 filters (Stochastic and HA).

If you run your idea past him he might code it into the next version of the EA for you.

ps. he sure is super keen at coding!

Masterrmind...........
Master your Mind then Master your Trades
  • #1,309
  • Aug 29, 2015 7:39am Aug 29, 2015 7:39am
Quoting mer071898
Here are the trades from this morning using the Aggressive lot sheet. Even with all the ugliness and drawdown, if you stayed with it using the Aggressive lot sheet, we pumped out this: Trade #1- -207 pips Trade #2- -206 pips Trade #3- -204 pips Trade #4= -205 pips Trade #5= -203 pips Trade #6= -197 pips Trade #7= -191 pips Trade #8= -191 pips Trade #9= -186 pips Trade #10= -186 pips Trade #11= -176 pips Trade #12= -171 pips Trade #13= -171 pips Trade #14= -170 pips Trade #15= -165 pips Trade #16= -166 pips Trade #17= -164 pips Trade #18= -155 pips...

Hi Mer.!!!

If i understand you correctly, 1 lot open - 10k $...
Here is 14-15 lots i need 140 000-150 000$
If i work in cent acc i need 1,5k $ to open first transaction with 0.01?
  • #1,310
  • Aug 29, 2015 7:53am Aug 29, 2015 7:53am
Quoting maxtill
{quote} Hi Mer.!!! If i understand you correctly, 1 lot open - 10k $... Here is 14-15 lots i need 140 000-150 000$ If i work in cent acc i need 1,5k $ to open first transaction with 0.01?

mer was saying your total lot size including all trades at one point of time should be less than one lot.... not each trade can be one lot size....
  • #1,311
  • Aug 29, 2015 8:17am Aug 29, 2015 8:17am
Quoting mer071898
{quote} I know, I know. But I'm also a guy who tries to respect others opinions, but it's starting to get monotonousness. I try to coax them into leaving on their own first.
++++++++++++++++++++++++++++++++

Hi Mer. Once again thank you for your fine work of presenting us with a unique perspective on trading forex.

I too, respect others opinions. It’s important to never reject what someone else believes. Regarding the few nay sayers here, it might be best to respond once or twice, and then go to ‘Ignore’ mode. If you tease a dog, it will “React”. Fortunately, as humans, we all have the ability to evaluate before using are ‘egos’ to react. This is called ‘Response’, hence the term, “Responsible”.

By continuing to engage folks that don’t get the fact that their negativity effects themselves, more than others, you’re poking a stick at the dog, and he will “React”.

2¢ provided, in part, by me also being tired of having to wade thru unnecessary rehashing of someone else’s “Opinion” of how you should conduct your life. And, in fact, isn’t that why we all go to war, in which there are “Never” any winners???
  • #1,312
  • Aug 29, 2015 8:29am Aug 29, 2015 8:29am
Quoting Masterrmind
{quote} Yes and just so you know Vlad has uploaded EA v1.6 (Quantum London Trading EA thread) and it includes 2 filters (Stochastic and HA). If you run your idea past him he might code it into the next version of the EA for you. ps. he sure is super keen at coding! Masterrmind...........
++++++++++++++++++++++++++++++++

I still prefer to manually manage my entries. However, it would be great to use and EA for “Close All” feature, either on appearance of opposite box, or, on my command.

Are those features available in current EA version?
Thanks,
Darryl
  • #1,313
  • Aug 29, 2015 8:31am Aug 29, 2015 8:31am
Well, we do not know what drawdown will be .. that's why is difficult to open all transaction only with 1 lot!
And i calculate Mer transaction from 26.08.15 (14-15 lots) thats way i ask mer about deposit.
Trade #1- -207 pips
Trade #2- -206 pips
Trade #3- -204 pips
Trade #4= -205 pips
Trade #5= -203 pips
Trade #6= -197 pips
Trade #7= -191 pips
Trade #8= -191 pips
Trade #9= -186 pips
Trade #10= -186 pips
Trade #11= -176 pips
Trade #12= -171 pips
Trade #13= -171 pips
Trade #14= -170 pips
Trade #15= -165 pips
Trade #16= -166 pips
Trade #17= -164 pips
Trade #18= -155 pips
Trade #19= -156 pips
Trade #20= -302 pips (.02 x 151)
Trade #21= -284 pips (.02 x 142)
Trade #22= -266 pips (.02 x 133)
Trade #23= -264 pips (.02 x 132)
Trade #24= -248 pips (.02 x 124)
Trade #25= -230 pips (.02 x 115)
Trade #26= -220 pips (.02 x 110)
Trade #27= -210 pips (.02 x 105)
Trade #28= -206 pips (.02 x 103)
Trade #29= -200 pips (.02 x 100)
Trade #30= -200 pips (.02 x 100)
Trade #31= -480 pips (.05 x 96)
Trade #32= -460 pips (.05 x 92)
Trade #33= -465 pips (.05 x 93)
Trade #34= -435 pips (.05 x 87)
Trade #35= -450 pips (.05 x 90)
Trade #36= -385 pips (.05 x 77)
Trade #37= -340 pips (.05 x 68)
Trade #38= -310 pips (.05 x 62)
Trade #39= -300 pips (.05 x 60)
Trade #40= -270 pips (.05 x 54)
Trade #41= -260 pips (.05 x 52)
Trade #42= -275 pips (.05 x 55)
Trade #43= -260 pips (.05 x 52)
Trade #44= -255 pips (.05 x 51)
Trade #45= -175 pips (.05 x 35)
Trade #46= -390 pips (.13 x 30)
Trade #47= -299 pips (.13 x 23)
Trade #48= -273 pips (.13 x 21)
Trade #49= -260 pips (.13 x 20)
Trade #50= -208 pips (.13 x 16)
Trade #51= -182 pips (.13 x 14)
Trade #52= -182 pips (.13 x 14)
Trade #53= -130 pips (.13 x 10)
Trade #54= -143 pips (.13 x 11)
Trade #55= -104 pips (.13 x 8)
Trade #56= -238 pips (.34 x 7)
Trade #57= -170 pips (.34 x 5)
Trade #58= -136 pips (.34 x 4)
Trade #59= -34 pips (.34 x 1)
Trade #60= -102 pips (.34 x 3)
Trade #61= +68 pips (.34 x 2)
Trade #62= +170 pips (.34 x 5)
Trade #63= +204 pips (.34 x 6)
Trade #64= +204 pips (.34 x 6)
Trade #65= +136 pips (.34 x 4)
Trade #66= +238 pips (.34 x 7)
Trade #67= +272 pips (.34 x 8)
Trade #68= +340 pips (.34 x 10)
Trade #69= +374 pips (.34 x 11)
Trade #70= +374 pips (.34 x 11)
Trade #71= +979 pips (.89 x 11)
Trade #72= +1157 pips (.89 x 13)
Trade #73= +1157 pips (.89 x 13)
Trade #74= +1602 pips (.89 x 18)
Trade #75= +1780 pips (.89 x 20)
Trade #76= +2136 pips (.89 x 24)
Trade #77= +2225 pips (.89 x 25)
Trade #78= +3600 pips (1.44 x 25)
Trade #79= +3024 pips (1.44 x 21)
  • #1,314
  • Aug 29, 2015 8:54am Aug 29, 2015 8:54am
Quoting diamonddbw
{quote} ++++++++++++++++++++++++++++++++ I still prefer to manually manage my entries. However, it would be great to use and EA for Close All feature, either on appearance of opposite box, or, on my command. Are those features available in current EA version? Thanks, Darryl
You can apply a script (drag and drop) to your chart and have it close out all orders, pending orders or only those orders currently in profit.

Plus many other features and apply hot keys so for example you could simply set up the script such that when you type "Alt C" it will close out all your trades or many other combinations.

The EA can close out via MM (%Equity SL or profit % and $$$ amount closes as well as precisely at the end of a trading window or trade up to a set time and then stop trading after that group of trades meets an opposite signal box and are closed out).

Between the EA settings and a script (many are available free on FF or via MQL4) you should be able to find what suits you.

If you use a script make sure you understand exactly what its operations are and how it performs them.

Some scripts can be dragged onto 1 chart and the trades closed out or all trades can be closed out on multiple charts (can be dangerous if you get it wrong!!)

Masterrmind........... :nerd:
Master your Mind then Master your Trades
  • #1,315
  • Aug 29, 2015 1:17pm Aug 29, 2015 1:17pm
Quoting Masterrmind
{quote} You can apply a script (drag and drop) to your chart and have it close out all orders, pending orders or only those orders currently in profit. Plus many other features and apply hot keys so for example you could simply set up the script such that when you type "Alt C" it will close out all your trades or many other combinations. The EA can close out via MM (%Equity SL or profit % and $$$ amount closes as well as precisely at the end of a trading window or trade up to a set time and then stop trading after that group of trades meets an opposite...
++++++++++++++++++++++++++++++++
Thanks MM
  • #1,316
  • Aug 29, 2015 5:04pm Aug 29, 2015 5:04pm
It's funny how someone plays 50 % or more of their count..
mathematics does not fail.

  • #1,317
  • Aug 30, 2015 2:10am Aug 30, 2015 2:10am
mer071898 is waiting for a positive contribution for this thread but we have to say how the original rules are dangerous for newbies.
Two reasons : it's a system against the trend and there is no SL.
So when the trend is very strong ( aug 26) the DD can reach a intolerable level.
Without filters, this system is unusable but with filters can we call still the method "Quantum Trading" ?
  • #1,318
  • Aug 30, 2015 6:20am Aug 30, 2015 6:20am
Quoting madscalp
mer071898 is waiting for a positive contribution for this thread but we have to say how the original rules are dangerous for newbies. Two reasons : it's a system against the trend and there is no SL. So when the trend is very strong ( aug 26) the DD can reach a intolerable level. Without filters, this system is unusable but with filters can we call still the method "Quantum Trading" ?
This method is not for newbies. Its for professional traders. Beginners should not trade quantum.
  • #1,319
  • Aug 30, 2015 8:23am Aug 30, 2015 8:23am
Quoting nbelchior
{quote} This method is not for newbies. Its for professional traders. Beginners should not trade quantum.
you mean if you are professional you can trade quantum and overcome DD with only a small account?
  • #1,320
  • Aug 30, 2015 10:02am Aug 30, 2015 10:02am
Quoting mario777
{quote} you mean if you are professional you can trade quantum and overcome DD with only a small account?

I would not trade this method if i had a small account with, say, 200$. At least open a cent account with that ammount.
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