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Quantum London Trading Custom EA

  • #1,161
  • Sep 25, 2015 3:34pm Sep 25, 2015 3:34pm
Quoting chinfei
Hi Cipan, After going through the EA, I understand that it is indeed profitable, but it needs big capital to sustain the big losses if the market reverse very late. As I'm still a college student, the max capital I can afford is 700 USD, would you mind to modify the EA to suit my 700$ capital without blowing it? Plus my holiday is about to end in 1 day, I need to stop my forex journey until next semester holiday, so I don't have time to go through this. (so sad) So far, the ideas I can think of: 1. Sometimes the boxes can appear many times in 1...
Hi Chinfei

I am now at my workplace night shift in factory

Conservative is good even for bigger account,

Answer for Q1 = input int min_price_diff=50;//Minimum Points Between Trades (50 = 5 pips), is the best approach rather than skipping boxes
Answer for Q2 = best solution is using sl and tp like version 1.3.0 and cycles set to 1
Answer for Q3 = will amend the 1.3.0 to suit this

I am not yet test the 1.3.0 shaolin version, that have sl and tp

And how its goes

I am also still new in forex.

But like Maahome said, forward test is difference, so after backtest, just run in demo forward test.and using SL is not one of favorite choice or factor for Grid EA and
this Quantum. Bigger drawdown is the beauty of it in order to gain bigger gain
--> using bigger value of Quantum, bigger price distance and also wait x box (not Shaolin version) are the most logical choices
for long constant low profit
--> If using SL and TP, must plan very well,

Cheers ok, there are plenty of EA choices
  • #1,162
  • Edited 6:46am Sep 26, 2015 5:12am | Edited 6:46am
Hi Cipan,

As I haven't unlock my skill for the perfect backtest due to time constraint as I'm back to study life soon, can you help me backtest with high modeling quality/good tick data? backtest period 1 year is good enough, if you are generous, try 2 years

I'm using the EA made by shaolin modified by you, the input are following:

1. Trading window start time = NY session (no London crossover)

2. No need end time, because the cycle only limited to 1 cycle.

3. Due to flexible option not available, first 3 trade = 0.01, next 4th to 12th trade = 0.02, 13th trade onward = 0.03. (if 0.03 will hurt the account after backtest, try make it all 0.02 after the first 3 trades, see whether results will improve) (edit: i think put all 0.02 all the way will be good enough after the first 3 trades.)

4. Minimum points between trades = 30(3pips), because if put 50, entry will be far less, profit will be reduced to unacceptable amount. (Edit, I think put 0 is better, because the session is already less movement, if put trade limit, will make profit unacceptable)

5. Equity stop loss $= 300 USD, lets see if even with this low setting will reach 300$ loss or not, if wont then good, try lower the stop loss and see, if can be reached, try make the stop loss higher, maximum I can accept is 500$. (edit: i think just put 400 or 450 will be better, very safe number wont be reach, 300 a bit possibility)

Post the results in your next reply if can, thank you in advance!

Edit: If want trade 24/5, will set the minimum point between trades = 50 only during london session to reduce risk while able to trade london. But for now I'm not going to take this risk yet, just an opinion for future modification.
Edit: By the way, can you explain more about the quantum value to me? bigger number and smaller number of quantum value will affect what thing?
  • #1,163
  • Edited 5:48am Sep 27, 2015 3:11am | Edited 5:48am
Wrote before having coffee...
pls ignore
  • #1,164
  • Sep 28, 2015 10:50am Sep 28, 2015 10:50am
Hi @ShaolinQuant and @ cipan are you can help me add "close all deal opening " when time end in this vesion
i set trading form 0000-0800

Thanks.
Attached Image
Attached File(s)
File Type: mq4 quantum_shaolin.mq4   5 KB | 527 downloads
  • #1,165
  • Sep 28, 2015 12:40pm Sep 28, 2015 12:40pm
Quoting ekuaador
Hi @ShaolinQuant and @ cipan are you can help me add "close all deal opening " when time end in this vesion i set trading form 0000-0800 Thanks. {file} {image}
I'll take a look this week
  • #1,166
  • Sep 28, 2015 12:58pm Sep 28, 2015 12:58pm
Quoting ShaolinQuant
Shaolin version 1.3.0 with added TP/SL per trade, in points. Note for FIFO broker will need to be used with the "Minimum Distance" setting ensure proper execution. FYI I am running with the default settings on GU (not the preset file) {file}
HI Shaolin!

Please tell me what kind of strange files(.gitignore, .gitattributes) in the folder with your EA? What should I do with them? Sorry for my english and for the maybe stupid question.
Thanks
  • #1,167
  • Sep 28, 2015 1:19pm Sep 28, 2015 1:19pm
Quoting Quasistellar
{quote} HI Shaolin! Please tell me what kind of strange files(.gitignore, .gitattributes) in the folder with your EA? What should I do with them? Sorry for my english and for the maybe stupid question. Thanks
Ignore the .git files. They are for git (source code repository). There is included a README.md file you can read with any text editor. Cheers
  • #1,168
  • Edited 3:29pm Sep 28, 2015 3:18pm | Edited 3:29pm
Hi ShaolinQuant,

Are you going to release a new EA version soon? If yes, what will be the changes that you wished to put in?
I'm interested to know because I'm going to use it on live with 700$ soon once I'm done forward testing on demo.
As for the backtest result, I downloaded good tick data for 2 years, the backtest results are very bad.
However, the result suddenly turned very very good starting from 18 Sept 2014, equity from 449$ to 5580$ all the way until NOW, looks like a big uptrend.
For now I'm assuming the uptrend will continue. I'm using settings like this by the way:

Cycle = 1 (yes you guessed it, asian session is the best, and is good for 1 cycle per day only)
First 4 trades = 0.01 , next 8 = 0.02 , from 13th onward = 0.03
$ equity stop loss = 320$ (the reason is with 320$ stop loss, the stop loss will be hit only 5 times since the beginning of uptrend, any lower amount of stop loss will be hit more, and higher amount of stop loss won't improve result)

I look forward to hearing from you Shaolin, you're the best

EDIT: I want to ask, sometimes the EA will place a trade even there is no quantum box signal, is this normal? (Although I never lost a trade with that type of sudden entry, just curious)
And another question, what is the effect if I change the quantum value?
Last but not least, I clearly know that the few hours before the next day (solo NY session) is also good for profit too until asian session, most of the time the entries taken during NY session can be linked to the next day's asian session, which is from 19:00 to 9:00, I tried set the time in the settings but it failed to work, the EA will only function if I put 00:00 start time, which means I'm forced to ignore the NY session. Can you fix it?
  • #1,169
  • Sep 28, 2015 8:08pm Sep 28, 2015 8:08pm
Quoting chinfei
Hi ShaolinQuant, Are you going to release a new EA version soon? If yes, what will be the changes that you wished to put in? I'm interested to know because I'm going to use it on live with 700$ soon once I'm done forward testing on demo. As for the backtest result, I downloaded good tick data for 2 years, the backtest results are very bad. However, the result suddenly turned very very good starting from 18 Sept 2014, equity from 449$ to 5580$ all the way until NOW, looks like a big uptrend. For now I'm assuming the uptrend will continue. I'm using...
I'll have a new version this week, mostly just some things cleaned up, potentially with the 'close at end of session' option. Not sure what else, but we'll see. As far as your tests, tick data doesn't matter for this strategy. It is opening and closing when the bar closes/opens so you can test using the open method. For your account $700 is too small. I would NOT run with that amount of equity, even at 500:1 leverage. If you are going to run anyway, use ONLY 0.01 lots for all levels.
As for your concerns: EA will not open a trade if there is no box. I am guessing you have the indicator added to your chart with a different Q value than what the EA is using. Also, you can use any start/end time as long as start time < end time (start time > end time is not supported, yet).
  • #1,170
  • Sep 28, 2015 11:17pm Sep 28, 2015 11:17pm
Here is version 1.3.2
Includes:
- support for start time > end time (next day wrap-around)
- version comment printing to chart
- cleaned up comments and readme file
Attached File(s)
File Type: zip QuantumShaolin-1.3.2.zip   66 KB | 852 downloads
  • #1,171
  • Sep 29, 2015 1:03am Sep 29, 2015 1:03am
Hi All

This is my ea modified from Shaolin 1.3.0 that include Quantum Stoc
I choose 2014 since price movement is messy due to Europe situation and fully auto trading is not advice if you are using any grid ea
So I can see the stop loss working with the Q Stoc or not and also with Q only
The set file is default - use reset at expert properties at Strategy Tester
Use stop loss 500 points only
And trade 0000-2359 just want to see which one is the better choice
Cycle is set to 1
From the test, seems using Quantum Stoc is better
Disclaimer : Since Quantum EA is this thread is the first one I modify any EA, so use at your own risk

Since Shaolin already post 1.3.2
I will include the Q Stoc in this version just for me to use
Regards
Cipan
Attached File(s)
File Type: ex4 quantum_shaolin_v1_3_0_Modified_by_Cipan_v2.ex4   53 KB | 472 downloads
File Type: mq4 quantum_shaolin_v1_3_0_Modified_by_Cipan_v2.mq4   15 KB | 543 downloads
File Type: zip StrategyTester_Qde240Qdc240.zip   114 KB | 488 downloads
File Type: zip StrategyTesterQStoc2014.zip   96 KB | 433 downloads
  • #1,172
  • Edited 3:03am Sep 29, 2015 2:42am | Edited 3:03am
Hi Shaolin,

I tried backtesting your EA with the start time 1900 end time 0800, but it failed as you said, instead of linking the entries to next day, it end up taking only 1 trade and thats it, which means only 1 trade per day. You might be thinking I set the max trade = 1 but I didnt I already checked.

I want to start from NY session 1900, am I doing something wrong? or the bug havent fixed?

For now, I think the temporary solution is, put back the start time to 0000, end time 2300, then turn on the EA at 1900 so that it will run from 1900, and since max cycle is set to 1, the EA will run from 1900 to next day until meet different box.

EDIT: it turned out better now, although the number of trades back to normal, but putting start time 1900 won't bring entry to next day, the next day entry simply ignored and will close at next day opposite box.
  • #1,173
  • Edited 3:19am Sep 29, 2015 2:58am | Edited 3:19am
Quoting ShaolinQuant
Here is version 1.3.2 Includes: - support for start time > end time (next day wrap-around) - version comment printing to chart - cleaned up comments and readme file {file}
Thank you ShaolinQ, much appreciated.

I am starting forward testing on a 10K account and 5 pairs. Will add more pairs after some backward testing for most optimal settings on fully automated.

https://www.myfxbook.com/portfolio/shaolin-ea/1380965

Had to close one pair manually as i forgot to assign diffrent magic numbers per pair. (this is needed right?)
  • #1,174
  • Sep 29, 2015 3:23am Sep 29, 2015 3:23am
Quoting TwinX
{quote} Thank you ShaolinQ, much appreciated. I am starting forward testing on a 10K account and 5 pairs. Will add more pairs after some backward testing for most optimal settings on fully automated. https://www.myfxbook.com/portfolio/shaolin-ea/1380965 Had to close one pair manually as i forgot to assign diffrent magic numbers per pair. (this is needed right?)
Hi TwinX,
I tried tested many different pairs also, but all results are like super bad except for GBPUSD, how do you get the other pairs to work fine?
I wonder why GBPUSD is so special while other pairs perform so badly.
  • #1,175
  • Sep 29, 2015 3:44am Sep 29, 2015 3:44am
Vlad, Denya and Mastermind, where are you guys?
  • #1,176
  • Sep 29, 2015 3:49am Sep 29, 2015 3:49am
Quoting chinfei
{quote} Hi TwinX, I tried tested many different pairs also, but all results are like super bad except for GBPUSD, how do you get the other pairs to work fine? I wonder why GBPUSD is so special while other pairs perform so badly.
GBPUSD seems to be very ranging with decent ups and downs that the indicators can measure. Other pairs have a massive impact on news or have these idiotic spikes like the Yen wich mess up the indicators.

Try the USDCAD this is also a good one. Oh and i open trades only from 02:00 till 05:00 got safer results.
  • #1,177
  • Sep 29, 2015 4:01am Sep 29, 2015 4:01am
Quoting chidiezenyem
Vlad, Denya and Mastermind, where are you guys?
Became silent millionaires, no need come to forum anymore, hahahaha
  • #1,178
  • Sep 29, 2015 4:18am Sep 29, 2015 4:18am
Quoting TwinX
{quote} GBPUSD seems to be very ranging with decent ups and downs that the indicators can measure. Other pairs have a massive impact on news or have these idiotic spikes like the Yen wich mess up the indicators. Try the USDCAD this is also a good one. Oh and i open trades only from 02:00 till 05:00 got safer results.
I tried backtest with time from 0200 to 0500, results are bad.
I suggest you scroll back the chart history and look at 1900 each day, benefits are:

1. If the entries taken at 1900 continued to next day's entry, there will be more entries = more profit. (just 1 cycle)
2. Sometimes entries taken at 1900 will exit before next day, OR exit very soon in next day, this means 1 cycle is complete, sometimes the next cycle after this is a no return cycle, meaning it never retrace back and you will be stopped out/suffer big loss. (In short, start from 1900 has a chance to prevent you meeting a bad day)
3. It is ok if no entries from 1900 until next day, it's just that if there are entries from 1900, your chances of losing is reduced significantly while enhancing your profit.
4. Sometimes after you got entries from 1900, the first box in the next day is an exit box, you can give it a shot for a 2nd cycle, usually the 2nd cycle is good also, but I'm a conservative trader, i will not go for this risk, because it is possible the cycle is bad.

Hope I helped you.
So far the starting and ending time of EA is not reliable, you have to turn on the EA by YOURSELF at 1900 to let it run for 1 cycle.
  • #1,179
  • Sep 29, 2015 4:42am Sep 29, 2015 4:42am
Quoting chinfei
{quote} I tried backtest with time from 0200 to 0500, results are bad. I suggest you scroll back the chart history and look at 1900 each day, benefits are: 1. If the entries taken at 1900 continued to next day's entry, there will be more entries = more profit. (just 1 cycle) 2. Sometimes entries taken at 1900 will exit before next day, OR exit very soon in next day, this means 1 cycle is complete, sometimes the next cycle after this is a no return cycle, meaning it never retrace back and you will be stopped out/suffer big loss. (In short, start...
Guys,

you may want to go and read the original strategy premise on this method. It was never meant to be a 24/5 trade system, it was ideally thought to enter lows /highs during the asian session heading towards the Frankfurt open as cutoff for new entries. After this positions can be closed but not opened. Many different options have been added to the EA's at members requests, most of which to be blunt are quite useless overall.

Everyone has a strategy that they are trying, but it comes down to what has been spoken of so many times here and that is that what is OK for one trader is not suitable to another. I think it was you chifei who asked about using a small amount of capital, well I sent some settings to a friend of mine to run tests on a US account with 50:1 leverage and he reported back the following results to me (these were from the 1st Jan to current:

"I just ran a $1K EURUSD backtest from Jan 1st of this year to the current date with a 0.1 beginning lot size. The account grew to $3,432 with a 19.73% max drawdown. A $500 account with the same settings grew to $2,932 (almost a 400% gain) with a 23.29% drawdown."

Now I would think that anyone would be happy with those results don't you agree? Note the lots size ".1" and the maximal DD on 1k was 19.73% and on a $500 account it was still only 23.29% - that is an amazing return in my opinion.

Here is a quick snip of an account I am running a demo on (it is trading 2 full lots on both GBPUSD and EURUSD):

Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 18 KB


Try working in with the original idea and you will most likely have far greater success. Please note the above account is GMT time

Regards
maahome
  • #1,180
  • Sep 29, 2015 4:45am Sep 29, 2015 4:45am
Please help me add closeend to this vesion .....
Thanks.
Attached File(s)
File Type: rar test.rar   232 KB | 360 downloads
File Type: mq4 quantum_shaolin.mq4   5 KB | 380 downloads
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