Quantum London Trading Custom EA

Quoting aagarcia

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{quote} Thanks Shaolin. So QE 360 for GU and 120 for GJPY? I thought 420 was better for GU?

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Quoting acostafulano

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Hi Shaolin. Thanks for the EA, I'm eager to try it. I don't want to be THAT guy, but could you please add to the EA the parameter "xdist"? In 1.6.1, this parameter limits the entry distance required for each new trade by "x", thus avoiding huge drawdowns caused by multiple entries at a same spot. This is crucial for testing for many of us. I certainly wouldn't want to be trading live an EA that can OPEN Infinite positions within a tight price point (recipe for account crash!) Thanks a lot

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Quoting ShaolinQuant

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{quote} Understood, I will add this feature next version. Also working on a stochastic version I will release separately. Cheers

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Quoting ShaolinQuant

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Hi all, here is another version. No new features in this version, only optimized presets. As you can see, I'm not using SL/TP at all. I'm simply restricting trade time to Tokyo only, taking 1 cylce only, and keeping the lot schedule conservative. Backtested on a 3k account, year-to-date for GU and now EU (GJ was removed, since performace was poor). On both pairs return is nearly 100% (greater on EU) with drawdown 5-10%. For 10k account, you can multiply lots by 10 and even better results. I have not yet seen any additional feature that can improve...

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Quoting ShaolinQuant

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Hi all, here is another version. No new features in this version, only optimized presets. As you can see, I'm not using SL/TP at all. I'm simply restricting trade time to Tokyo only, taking 1 cylce only, and keeping the lot schedule conservative. Backtested on a 3k account, year-to-date for GU and now EU (GJ was removed, since performace was poor). On both pairs return is nearly 100% (greater on EU) with drawdown 5-10%. For 10k account, you can multiply lots by 10 and even better results. I have not yet seen any additional feature that can improve...

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Quoting Silicus

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ShaolinQuant, thanks so much for working on the EA! Very much appreciated! I second the request for xdist, or every xcandle! The EA is smoking fast on back tests! Thank you!

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Quoting Masterrmind

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Would any trader be aware of a very good indicator that can calculate account trading information on several pairs including pips gained, % gain, $$$ gained, pips DD, %DD, Max $$ DD and daily DD for each pair and daily DD over the whole account for the day. Then over weekly, monthly and yearly time frames. Similar to i-Profittracker and iExposure indicators except with DD (draw down) added. Perhaps someone is familiar with an informative dashboard that produces all this information and more. If so please let me know as it would be highly useful...

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Quoting gwindy

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{quote} That would be very useful. Failing that, you could hook-up your account up to myfxbook. I believe it provides a comprehensive break-down of stats by pair.

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Quoting Masterrmind

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{quote} Thanks Gwindy and yes I'm well aware of them but surely someone knows of an indi or a dash to handle these calculations. I've never had the need before but trading the Q Method it would be very useful. I can calculate it myself but it is rather time consuming and annoying hence the desire for a handy little tool. Especially to have it setup on a blank screen that can be viewed live as trading continues which means it has to constantly update. I'll keep searching the deep dark archives and if I find something useful I'll post it here. Hopefully...

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Quoting Silicus

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ShaolinQuant, thanks so much for working on the EA! Very much appreciated! I second the request for xdist, or every xcandle! The EA is smoking fast on back tests! Thank you!

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Quoting babasemi

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{quote} Hi ShaolinQuant, Thanks for your work on this.... But when i tried to do a backtest, it didnt work and was showing this errors..... order send error 131 I am using it on a micro account. Any ideas why this is happening??. Thank you. {image}

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Quoting ShaolinQuant

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{quote} Here is a version with minimum distance between trades option. It seems to work well to limit drawdown, but so far it seems to limit profit more than drawdown. Running the same test as before, drawdown is about 2.5% compared to 6%, however profit is only 13% compared to 43% !!! Anyway, this may be useful for people trying to limit margin usage, but it is not something I plan on using. {file}

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Quoting Silicus

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{quote} ShaolinQuant, thanks so much for the new version! Yes, it decreases profits, but I feel more comfortable having more control over the amount of trades open distributed over a certain range. In the end it allows me to use larger lot size for a smaller draw down... I am trading other systems as well and I don't want to have one system opening too many trades... The min distance serves me very well in that regard! Thank you for your selfless contribution!

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Quoting ShaolinQuant

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{quote} That makes sense for sure, I'm glad this works for you. Just curious, how much of a minimum distance are you using?

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Quoting ShaolinQuant

Disliked

{quote} Here is a version with minimum distance between trades option. It seems to work well to limit drawdown, but so far it seems to limit profit more than drawdown. Running the same test as before, drawdown is about 2.5% compared to 6%, however profit is only 13% compared to 43% !!! Anyway, this may be useful for people trying to limit margin usage, but it is not something I plan on using. {file}

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