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Quantum London Trading Custom EA

  • #701
  • Aug 29, 2015 12:30pm Aug 29, 2015 12:30pm
Quoting denya
{quote} Thanks Vlad. It's like that! There is an important proposal. We have 3 trading period in the adviser settings (Trading Slots). New orders are opened in the trading period and will not be opened outside the trading period. This is contrary to main rule of grid construction: Do not throw the construction of grid! I propose to add the option: Continue grid construction after end trading period: True/False (For each session) We will use the trading period for making the best 1st input. For example the best time - the time of statistical price...
Ok denya, I will add it for version 1.7.

Vlad
  • #702
  • Aug 29, 2015 2:56pm Aug 29, 2015 2:56pm
outstanding
Learn THEN Unlearn
  • #703
  • Aug 29, 2015 3:38pm Aug 29, 2015 3:38pm
Hello Vlad, first of all great job and thanks for your efforts. I tried to backtest the latest version in the Asian session (1:00 - 07:00 GMT+2 with "Trade 24/5 = false"), but somehow the time window seems not to work properly. The end time of the session is ignored and positions are also opened after 07:00. Could you please check? Thanks!
  • #704
  • Aug 29, 2015 10:28pm Aug 29, 2015 10:28pm
Quoting Alesamo
Hello Vlad, first of all great job and thanks for your efforts. I tried to backtest the latest version in the Asian session (1:00 - 07:00 GMT+2 with "Trade 24/5 = false"), but somehow the time window seems not to work properly. The end time of the session is ignored and positions are also opened after 07:00. Could you please check? Thanks!
Can you please show me your settings? Maybe I can pick up an error there?

Vlad
  • #705
  • Aug 29, 2015 10:32pm Aug 29, 2015 10:32pm
Quoting Alesamo
Hello Vlad, first of all great job and thanks for your efforts. I tried to backtest the latest version in the Asian session (1:00 - 07:00 GMT+2 with "Trade 24/5 = false"), but somehow the time window seems not to work properly. The end time of the session is ignored and positions are also opened after 07:00. Could you please check? Thanks!
Version1.6

Nope!

It starts trading from the right time and then it stops opening orders at the right time and then it closes out current orders at the reverse signal box.

Works perfect!

Best you check your settings in the EA carefully..... you have forgotten to do something!

EA does exactly what it is supposed to do.....

Here is my chart using EA v1.6 for the same GMT trading window as yours (my broker is GMT +3 hence the additional 1 hour added to the trade window but it would be almost identical to your chart).

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 35 KB


Masterrmind...........
Master your Mind then Master your Trades
  • #706
  • Aug 29, 2015 10:34pm Aug 29, 2015 10:34pm
Quoting Vlad13685
{quote} Can you please show me your settings? Maybe I can pick up an error there? Vlad
Most likely forgot to clear out the other 2 trading windows Vlad!

Masterrmind............
Master your Mind then Master your Trades
  • #707
  • Aug 30, 2015 2:12am Aug 30, 2015 2:12am
Quoting Masterrmind
{quote} Most likely forgot to clear out the other 2 trading windows Vlad! Masterrmind............
Hello, thanks, the necessary hint was to "clear out" the other trading windows.... I left default times thinking that with "Max. Trades" and "Max Cycles" set to 0 no positions will be opened... Thanks again.
  • #708
  • Aug 30, 2015 2:15am Aug 30, 2015 2:15am
Quoting Alesamo
{quote} Hello, thanks, the necessary hint was to "clear out" the other trading windows.... I left default times thinking that with "Max. Trades" and "Max Cycles" set to 0 no positions will be opened... Thanks again.
Ok great

I think this is catching a few people out, so with the next version I'll change these default values to 0 to avoid this in future.

Vlad
  • #709
  • Aug 30, 2015 10:06am Aug 30, 2015 10:06am
Quoting Vlad13685
{quote} Ok great I think this is catching a few people out, so with the next version I'll change these default values to 0 to avoid this in future. Vlad

Hi Vlad and Guys,

I have an idea which i was thinking for last few days but only through testing, we would know whether it really works or not.....
As you all know, the main drawback for this system is DRAWDOWN... some people can bear some level of drawdown when others can't...
So I think this idea could help us to over come this drawdown issues.... atleast to some level...

Suppose, the current trend of GBPUSD is down... as per the quantum strategy.. the EA is taking BUY orders at each new bottom created in 1 minute chart. as per our new idea... along with the BUY orders, we will also take SELL orders... so for each new blue box created, EA should take a BUY and SELL order.. In this way, if the price drops again for some time... we will still be able to catch some pips as part of SELL orders which are opened with the BUY orders (HEDGING). so we can minimise the drawdown as long as the price keeps dropping....

We need to decide to close these SELL orders once price start to change the direction. one way is to monitor the price when it crosses previous point where orders were taken (say, 3 points or 3 blue boxes), then we can decide that price started trending up and we can close ALL SELL orders atleast in some profit (it depends on each situations, maybe in some situations where we have more sell orders, we have more profit, if sell orders were less, then maybe a small loss or profit). once the price moves up and a red box is created, then we close all BUY orders as per our quantum strategy....

Only addition other than the quantum strategy here is taking opposite orders as well with the orders and close them once we identify the trend change.....

Guys@ please let us know your opinion about this idea... and Vlad@ If you could add this idea to your EA, that would help a lot for all of us.... to overcome this drawdown issue... I know you are already spending a lot of time and effort for us free.. so if this is too much to ask... please forgive me....
  • #710
  • Aug 30, 2015 10:23am Aug 30, 2015 10:23am
Quoting tradeforlife
{quote} Hi Vlad and Guys, I have an idea which i was thinking for last few days but only through testing, we would know whether it really works or not..... As you all know, the main drawback for this system is DRAWDOWN... some people can bear some level of drawdown when others can't... So I think this idea could help us to over come this drawdown issues.... atleast to some level... Suppose, the current trend of GBPUSD is down... as per the quantum strategy.. the EA is taking BUY orders at each new bottom created in 1 minute chart. as per our new...
Privet!

This is called LOCK positions. I do not know of a single advisor who would be the statistical successfully managed LOCK. It is very very difficult. Even traders who can manage LOCK positions, very little.

Drawdown is definitely the main disadvantage of the strategy. But it allows you to be very profitable. If we struggle with drawdown - we lost in profitability.
But it's my biased opinion.

It is better to deal with the drawdown in other ways:
1. The best time to enter.
2. Exclude freeze orders on the weekend and night.
3. In a large drawdown apply breakeven.
etc.
Stay hungry to be free...
  • #711
  • Aug 30, 2015 11:02am Aug 30, 2015 11:02am
Quoting denya
{quote} Privet! This is called LOCK positions. I do not know of a single advisor who would be the statistical successfully managed LOCK. It is very very difficult. Even traders who can manage LOCK positions, very little. Drawdown is definitely the main disadvantage of the strategy. But it allows you to be very profitable. If we struggle with drawdown - we lost in profitability. But it's my biased opinion. It is better to deal with the drawdown in other ways: 1. The best time to enter. 2. Exclude freeze orders on the weekend and night. 3. In...

Hi denya,

yes you are right... we need to consider the factors you mentioned as they are the safest options available to avoid drawdowns... but the idea which i mentioned will help to trade all the time and also help to reduce the drawdown... suppose as per your third point... we are coming out with breakeven and in the same scenario, if we have this opposite trades, we still make some profit there.... And also, suppose there is a long long trend going on against us, still we can close all the trades without big loss as we had opposite trades which helped to reduce drawdown.... this is my understanding.... others can point out other dangers in this idea if present....
  • #712
  • Aug 30, 2015 1:51pm Aug 30, 2015 1:51pm
Hi Guys
Am trying to backtest latest version of EA in the strategy tester but not getting any joy, journal keeps saying "CANNOT OPEN FILE", have I missed a setting in the EA
or something else, any help would be much appreciated.
Many Thanks
Geoff
PS, am using stoch o/b o/s setting
  • #713
  • Aug 30, 2015 2:55pm Aug 30, 2015 2:55pm
Quoting GEOFFREY62
Hi Guys Am trying to backtest latest version of EA in the strategy tester but not getting any joy, journal keeps saying "CANNOT OPEN FILE", have I missed a setting in the EA or something else, any help would be much appreciated. Many Thanks Geoff PS, am using stoch o/b o/s setting
To work advisor needs this indicator.
Attached File(s)
File Type: mq4 Quantum.mq4   3 KB | 552 downloads
File Type: mq4 Quantum - Stochastic OB_OS.mq4   3 KB | 792 downloads
Stay hungry to be free...
  • #714
  • Aug 30, 2015 5:36pm Aug 30, 2015 5:36pm
Denya,
I have both of these indicators on my chart and in the indicators folder, when you say they need to be in the EA what exactly do you mean , the stoch o/b and o/s is enabled in the EA parameters.
Cheers Geoff
  • #715
  • Aug 30, 2015 7:53pm Aug 30, 2015 7:53pm
I have the 1.6 EA and the alert keeps going off how can I stop it. Is there a way to silence it?
  • #716
  • Aug 30, 2015 8:26pm Aug 30, 2015 8:26pm
Quoting Checkz
I have the 1.6 EA and the alert keeps going off how can I stop it. Is there a way to silence it?
I confirm. V1.6 provides endless alerts. Vlad, we need the right indicator. Please post it.
Attached Image (click to enlarge)
Click to Enlarge Name: 25992ee8c17c36917e82a557d9fcaae9.png Size: 147 KB
Attached Image
Stay hungry to be free...
  • #717
  • Aug 30, 2015 8:28pm Aug 30, 2015 8:28pm
Quoting denya
{quote} I confirm. V1.6 provides endless alerts. {image}
Yes same problem here Denya.

Best if trading this live to pull the EA version 1.6 from your chart and only use version 1.5.8 until Vlad takes a look through the coding.

Masterrmind............
Master your Mind then Master your Trades
  • #718
  • Aug 30, 2015 8:29pm Aug 30, 2015 8:29pm
Quoting Masterrmind
{quote} @ Vlad Same issue here! The EA v1.6 is behaving quite strangely on a live chart as follows: pop up alerts keep occurring such as: 1. 'Trade canceled due to trade window factors' conditions (sometimes opens the trade and sometimes does not??) 2. Broker does not allow EA - then later this alert is stopped and does not appear again (my brokers all allow EA trading!) All previous versions of the EA did not have this alert/not opening trade condition so might need to check the code. Masterrmind...........
Thanks Mastermind
  • #719
  • Aug 30, 2015 10:04pm Aug 30, 2015 10:04pm
hi Vlad.

A couple of problems.

1. I'm also getting the spam of alerts!!

2. The minimum distance between trades is not working properly. Please see attachment. Same is hapenning across all pairs.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPCAD.PNG Size: 518 KB


Attached Image (click to enlarge)
Click to Enlarge Name: gbpnzd.PNG Size: 497 KB



This is causing Enormous drawdowns that render the EA unusable for eventual live trading.

I hope you're able to fix this!

Thanks

Diego
  • #720
  • Aug 30, 2015 10:42pm Aug 30, 2015 10:42pm
v1.5.8. again don't trade on one of pair. Now USDJPY.
Vlad, help
Attached Image (click to enlarge)
Click to Enlarge Name: cca8513ddec5be0d02f6d5b7420aec1e.png Size: 154 KB
Stay hungry to be free...
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