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Quantum London Trading Custom EA

  • #801
  • Sep 7, 2015 12:17am Sep 7, 2015 12:17am
Quoting Masterrmind
{quote} Yes the pips are collectable that is true and I have taken my fair share using the 'Q' however not all traders have such deep pockets. Therefore it makes perfect logical sense that modifications to the method are necessary if an 'underfunded' account is to survive. If you analyze the history of the 40 000 pip gain on the GBPUSD [M1 Chart] and apply the default lot sizing you will very quickly note that an underfunded account will simply NOT survive because the DD will kill it fast. A smaller traded account therefore needs a totally different...
  • #802
  • Sep 7, 2015 12:34am Sep 7, 2015 12:34am
Quoting Pinhead
Well let's see.....Scott, the creator of this method, has made almost 40,000 pips with it in just over a month. Hmmm. Could it be that trying to come up with ways to 'improve' it is not necessary? Just sayin'....
You made a great point Pinhead, but if you could remember Scott insisted that you have to have a funded Account, I mean a Well FUNDED Account....

There's a simple way for traders with small account to double that account within weeks over and over again until they can absorb some DD while Trading Quantum System with all the Rules Involved....
Have an INVESTOR Mindset, but Trade like an ENTREPRENEUR
  • #803
  • Sep 7, 2015 3:00am Sep 7, 2015 3:00am
could someone please give me an answer on this question here:

http://www.forexfactory.com/showthre...07#post8475207

does the cycle setting work for anyone else?
What do I have to set up to get it to work?
  • #804
  • Sep 7, 2015 3:38am Sep 7, 2015 3:38am
Quoting OctaveJay509
{quote} You made a great point Pinhead, but if you could remember Scott insisted that you have to have a funded Account, I mean a Well FUNDED Account.... There's a simple way for traders with small account to double that account within weeks over and over again until they can absorb some DD while Trading Quantum System with all the Rules Involved....
Looking at this EA, how is it much different from any other martingale? It works well, makes money and then comes the deathtrade that wipes your account. Can it work in reality - yes...but you would need a significant account to run it...as you would with any "good" martingale setup.
Best, Josh
  • #805
  • Sep 7, 2015 8:34am Sep 7, 2015 8:34am
I know that a number of "close all" scripts were posted here some days back. Does someone have a "close all" script that I can set with a FIFO order to close all entries?
Thank you for your time! -Jason
  • #806
  • Sep 7, 2015 8:47am Sep 7, 2015 8:47am
Quoting bapakjason
I know that a number of "close all" scripts were posted here some days back. Does someone have a "close all" script that I can set with a FIFO order to close all entries? Thank you for your time! -Jason

Click the paper clip icon at the top of the forum and look on page 2 for the scripts you want.

Regards
maahome
  • #807
  • Sep 7, 2015 9:27am Sep 7, 2015 9:27am
Quoting JoshuaHope
{quote} Looking at this EA, how is it much different from any other martingale? It works well, makes money and then comes the deathtrade that wipes your account. Can it work in reality - yes...but you would need a significant account to run it...as you would with any "good" martingale setup. Best, Josh
I think it is not the huge account you need but to control the DD. For me I am running a strategy test (MT4 strategy tester) for every week and I am using that optimised values for the following week. I will see how it works.
  • #808
  • Sep 7, 2015 9:51am Sep 7, 2015 9:51am
My eurgbp buy trades by EA. Closed with nice pips. ( Demo test ) ( M1- 225/225 )
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM1.png Size: 76 KB
Intraday only.
  • #809
  • Sep 7, 2015 10:06am Sep 7, 2015 10:06am
Quoting maahome
{quote} Click the paper clip icon at the top of the forum and look on page 2 for the scripts you want. Regards maahome
Thanks. I will double check if either one uses "first in first out". -Jason
  • #810
  • Sep 7, 2015 10:36am Sep 7, 2015 10:36am
quantum eintdepth3 for entry , and for close, what is that btw?
  • #811
  • Sep 7, 2015 10:48am Sep 7, 2015 10:48am
Quoting jens1211
quantum eintdepth3 for entry , and for close, what is that btw?
If you don't know what is eintdepth3, a good idea would be to read the thread first before jump into trading this system ...

That's the core of the strategy.
MT4/MT5 EAs/Indicators/Alerts coder
  • #812
  • Sep 7, 2015 11:11am Sep 7, 2015 11:11am
Quoting ylppa2003
{quote} I think it is not the huge account you need but to control the DD. For me I am running a strategy test (MT4 strategy tester) for every week and I am using that optimised values for the following week. I will see how it works.
Good luck with your test. However, the problem that exists is when you have a long sharp uptrend/downtrend. The ea continues to trade against it until a reversal occurs. Hence the DD. If you dont have a very large account, it will eventually blow up. You can try reducing the martingale effect... I have tried setting a minimum distance setting between trades, but that does not seem to work? Has anyone gotten this setting to work? Error?
Another suggestion is to try and run 2 ea's on account. 1 normal, other reverse signal...
Best, Josh
  • #813
  • Sep 7, 2015 11:17am Sep 7, 2015 11:17am
I am trying to test this EA with small range.

It can be :

1) Pairs which have Daily small range
2) Small range in Asia
3) Small range that occurs after 1 pm NY time. Last 4 hr candle
Intraday only.
  • #814
  • Sep 7, 2015 1:48pm Sep 7, 2015 1:48pm
Quoting JoshuaHope
{quote} Good luck with your test. However, the problem that exists is when you have a long sharp uptrend/downtrend. The ea continues to trade against it until a reversal occurs. Hence the DD. If you dont have a very large account, it will eventually blow up. You can try reducing the martingale effect... I have tried setting a minimum distance setting between trades, but that does not seem to work? Has anyone gotten this setting to work? Error? Another suggestion is to try and run 2 ea's on account. 1 normal, other reverse signal... Best, Josh
You are right about days when market will blow your account. But this is interesting with this EA and this strategy: you can set up only trades1-12=0.01 and trades 13-21=0.02 , trades >22=0.00 (as I do) and QDE value different than QDC. Having different values for QDE and QDC, EA will open trades in opposite direction and you will be protected. If you run a optimised streategy test for a month or a week you will see what I mean. You will see that in every month you can get a few$, maybe not much but for sure wou will not lose. Major problem is how to know best settings for next month or day.
  • #815
  • Sep 7, 2015 4:35pm Sep 7, 2015 4:35pm
Is it possible to use an 300$ account to trade this strategy ?
  • #816
  • Sep 7, 2015 4:41pm Sep 7, 2015 4:41pm
Quoting TwFXtrader
Is it possible to use an 300$ account to trade this strategy ?
Not as is .. but if you only use .01 lot with two tears the rest set to 00 ...it should work GL
Learn THEN Unlearn
  • #817
  • Sep 7, 2015 5:15pm Sep 7, 2015 5:15pm
Hi All

Can we create one parameter inside that has an option to close trade in losses when trade no reach certain number
for example Trade 30
It may exit with some losses

Any I just test the 1.6.1 for 7 days for setting:
x candles = 2,
and 425,425

for eu,ey,eg,au,uy -> but i am getting all sell trades....
  • #818
  • Sep 7, 2015 5:23pm Sep 7, 2015 5:23pm
Just now, the 1.6.1 automatically close the EUR/JPY with losses
Is it a normal operation for ea to close?
Attached Image (click to enlarge)
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  • #819
  • Sep 7, 2015 5:37pm Sep 7, 2015 5:37pm
anyway, I like it to be closed
but for another broker (US-fifo) - the EY losses still not closed - have reached 0.50 trade
  • #820
  • Sep 7, 2015 9:14pm Sep 7, 2015 9:14pm
eg seems to be doing good. No much floating found. Last three days though.
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM1.png Size: 81 KB
Intraday only.
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