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  • #2,161
  • Edited 4:21am Oct 11, 2015 3:08am | Edited 4:21am
Quoting Almo2312
{quote} yes, lets say on the 15 min tf its very rare if I have more than 5 orders on EURGBP..also my SL set to 100 pips from the first open trade and it is very very rare !lets say the probability to win only with this turtle pair(that's the reason its work) its very high and very constant. Cheers mate. Almo.
and do you go with higher lotsizes too on the 15minute chart?
after 3th entry you go for a higher lotsize or you stay with the same lotsize?

the 1minute 10Q strategy seems really impressive wow , but the 15min strategy on eurgbp with the 450Q ,
i see that it happens frequently that the gap is more then 100pips between 1st entry so im not sure about that one

if you stoploss is like that , that means that the maximum you can lose is : -100pips , -90pips , -80pips , -70pips , -60pips, -50pips , -40pips, -30pips , -20pips , -10pips
so around 550euro is you take , 1pips = 1euro lotsize

it might be profitable in the longer run , but it happens frequently that it get too that stoploss

for example here in july : http://i.imgur.com/ejsSYSV.png
I see it got burned 2times already so that means you need to recover 1100euro already to get in profit

-BTW do you also use the same stoploss for the 1minute 10Q strategy?
  • #2,162
  • Oct 11, 2015 3:41am Oct 11, 2015 3:41am
Quoting Almo2312
{quote} yes, lets say on the 15 min tf its very rare if I have more than 5 orders on EURGBP..also my SL set to 100 pips from the first open trade and it is very very rare !lets say the probability to win only with this turtle pair(that's the reason its work) its very high and very constant. Cheers mate. Almo.
The following screenshot would be a likely example of your method Almo if I understand you correctly.

EURGBP [M15; 450 - 90]

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 30 KB


Out of 12 possible short entries only 3 shorts are taken separated by a 10 pip gap to the next valid entry

Trade #1 short entry at 0.74103
Trade #2 short entry at 0.74203; and
Trade #3 short entry at 0.74303

Price does not reach 0.74403 in this cycle and therefore no further entries are made.

SL would be placed at 100 pips above 1st entry making it @ 0.75103
TP at Q = 90 reversal signal which in this case was at 0.73865

Possible pips gained would have been as follows:

Trade #1 = 23.8 pips;
Trade #2 = 33.8pips; and
Trade #3 = 43.8 pips

Total = 101.4 pips.

Range in pips from 1st entry to highest price level in cycle was [0.74203 up to 0.74368] 16.5 pips.

Total DD for all 3 trades would have been:
[0.74368 - 0.74103] + [0.74368 - 0.74203] + [0.74368 - 0.74303]
= 26.5 + 16.5 + 6.5
= 49.5 pips DD (for total cycle of 3 trades)

Total profit = 101.4 pips
Total DD = 49.5 pips

Assuming a 10K account size and trading a constant 0.1 lots per trade and for convenience sake a value of $10/pip then the realized risk would be $49.50 for a profit of $101.40.

Account %_ risk on this cycle of trades would have been $49.50/$10 000*100 = 0.495 %
Profit %_gain on this cycle of trades would have been $101.40/$10 000*100 = 1.014 %

Note 1: obviously spread and associated broker costs would need to be factored in as well!
Note 2: as an exercise calculate the risk and profit if all 12 entries were taken...... you might be surprised!

Masterrmind..........
Master your Mind then Master your Trades
  • #2,163
  • Oct 11, 2015 7:41am Oct 11, 2015 7:41am
Quoting Masterrmind
{quote} The following screenshot would be a likely example of your method Almo if I understand you correctly. EURGBP [M15; 450 - 90] {image} Out of 12 possible short entries only 3 shorts are taken separated by a 10 pip gap to the next valid entry Trade #1 short entry at 0.74103 Trade #2 short entry at 0.74203; and Trade #3 short entry at 0.74303 Price does not reach 0.74403 in this cycle and therefore no further entries are made. SL would be placed at 100 pips above 1st entry making it @ 0.75103 TP at Q = 90 reversal signal which in this case was...
yes mate its correct
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #2,164
  • Oct 11, 2015 7:42am Oct 11, 2015 7:42am
Quoting jens1211
{quote} and do you go with higher lotsizes too on the 15minute chart? after 3th entry you go for a higher lotsize or you stay with the same lotsize? the 1minute 10Q strategy seems really impressive wow , but the 15min strategy on eurgbp with the 450Q , i see that it happens frequently that the gap is more then 100pips between 1st entry so im not sure about that one if you stoploss is like that , that means that the maximum you can lose is : -100pips , -90pips , -80pips , -70pips , -60pips, -50pips , -40pips, -30pips , -20pips , -10pips so around...
that's reason we don't trade blindly , but look at the long run and do MM decision as well.
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #2,165
  • Oct 11, 2015 8:11am Oct 11, 2015 8:11am
Quoting Almo2312
{quote} that's reason we don't trade blindly , but look at the long run and do MM decision as well.
http://i.imgur.com/Jfihi2z.png
http://i.imgur.com/xwU9HvV.png

About the 10k Q on the 1minute chart , you sure its not 9k or 9.5K Q or something?

Because on your charts it gives some boxes more and earlier , like for example that it gave a sell friday for you and not for me
  • #2,166
  • Oct 11, 2015 8:34am Oct 11, 2015 8:34am
Quoting Masterrmind
{quote} The following screenshot would be a likely example of your method Almo if I understand you correctly. EURGBP [M15; 450 - 90] {image} Out of 12 possible short entries only 3 shorts are taken separated by a 10 pip gap to the next valid entry Trade #1 short entry at 0.74103 Trade #2 short entry at 0.74203; and Trade #3 short entry at 0.74303 Price does not reach 0.74403 in this cycle and therefore no further entries are made. SL would be placed at 100 pips above 1st entry making it @ 0.75103 TP at Q = 90 reversal signal which in this case was...
One point that needs to be mentioned ofcourse is the actual total risk allocated per cycle of trades and as mentioned would be as follows:

Trade #1 = 100 pips;
Trade #2 = 90 pips;
Trade #3 = 80 pips;
Trade #4 = 70 pips;
Trade #5 = 60 pips;
Trade #6 = 50 pips;
Trade #7 = 40 pips;
Trade #8 = 30 pips;
Trade #9 = 20 pips; and
Trade #10 = 10 pips

Total allocated risk = Sum [Trade #1_SL_pips + Trade #2_SL_pips + ........... +Trade #10_SL_pips]*($ or Euro) 10
= 550 pips

So per 10 000 the 550 represents about 5.5% total risk.

This again might be a reasonable total risk to apply for the type of trading involved here but also will depend on a traders risk appetite.

At least the total risk can be ascertained based on constant lot sizing of 0.1 lots per 10 000 account balance and in the example I gave only 3 trades were entered which gives say a net gain of just over 1% but note that this depends on the price level ie number of pips that the Q signal box is away from the 1st entry and the number of trades to a maximum of 9 that fall within a SL = 100 pips NOT being hit.

Total risk is therefore fixed and known for every cycle of trades but the profit is not fixed and could be >> 1% depending on where Q exit falls.

This approach might suit those traders who like to know their fixed total risk including altering the 10 pips between trades to say 15 pips or 20 pips for example.

Masterrmind...........
Master your Mind then Master your Trades
  • #2,167
  • Oct 11, 2015 5:40pm Oct 11, 2015 5:40pm
morning all , for the people who dont want huge d/d but still want to use the Qboxes ,if you use something like "pricechannel stop' to filter your entries eg AFTER the Pchstop has changed ? Early Qboxes against the PCstop would be ignored and pending aorders could be set once the trend has reversed .
Attached Image (click to enlarge)
Click to Enlarge Name: pchstop.jpg Size: 73 KB
  • #2,168
  • Oct 13, 2015 3:07am Oct 13, 2015 3:07am
Tokyo Open

2 pairs traded today were EG and GU for the Q method

EURGBP [M1; 150 - 300]

3 cycles of trades [mostly winners but 2 minor losses recorded]

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 41 KB


Total for EG pair in the Asian session = + 250.3 pips

GBPUSD [M1; 300 - 300]

1 cycle of trades [several losers but net gain overall due to lot progression]

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 33 KB


Total for GU pair in the Asian session = + 77.9 pips

Total pips for both pairs

= + 328.2 pips!

Note: the closing stages of the EG and GU pairs were left unattended!

Masterrmind........
Master your Mind then Master your Trades
  • #2,169
  • Oct 13, 2015 3:13am Oct 13, 2015 3:13am
Quoting Masterrmind
Tokyo Open 2 pairs traded today were EG and GU for the Q method EURGBP [M1; 150 - 300] 3 cycles of trades [mostly winners but 2 minor losses recorded] {image} Total for EG pair in the Asian session = + 250.3 pips GBPUSD [M1; 300 - 300] 1 cycle of trades [several losers but net gain overall due to lot progression] {image} Total for GU pair in the Asian session = + 77.9 pips Total pips for both pairs = + 328.2 pips! Note: the closing stages of the EG and GU pairs were left unattended! Masterrmind........
well done, great mate

Cheers

Almo
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #2,170
  • Oct 13, 2015 3:22am Oct 13, 2015 3:22am
Quoting Almo2312
{quote} well done, great mate Cheers Almo
Lesson that can be learned from today is the importance of monitoring the trades.

It is not unreasonable to expect a better result had I monitored the trades through to completion.

Before I left the trades I actually increased the Q exit on the EG pair from 150 to 300 since this would have forced a better exit however I left the GU exit Q value the same but probably should have increased it to 400.

The overall result is still pleasing but I will improve the exit next time......

Masterrmind............ :nerd:
Master your Mind then Master your Trades
  • #2,171
  • Oct 13, 2015 5:44am Oct 13, 2015 5:44am
Hi lads.
Few days back i started forward testing QStrategy on demo account (EUR/GBP with Almo setting). This morning i setted up manualy TP for closing all buy basket if price get there and bingo
http://prntscr.com/8qsc7p

Aswell i uploading results to myfxbook, so if anybody wants to follow ...instead posting screenshot here all the time.
http://prntscr.com/8qsb5g

http://www.myfxbook.com/members/PiTE...rdtest/1393981

Regards ...PiTeRMaN
  • #2,172
  • Oct 13, 2015 5:51am Oct 13, 2015 5:51am
Quoting PiTERMAN
Hi lads. Few days back i started forward testing QStrategy on demo account (EUR/GBP with Almo setting). This morning i setted up manualy TP for closing all buy basket if price get there and bingo http://prntscr.com/8qsc7p Aswell i uploading results to myfxbook, so if anybody wants to follow ...instead posting screenshot here all the time. http://prntscr.com/8qsb5g http://www.myfxbook.com/members/PiTE...rdtest/1393981 Regards ...PiTeRMaN
Looking good PiTERMAN............

Masterrmind............
Master your Mind then Master your Trades
  • #2,173
  • Edited 10:58am Oct 13, 2015 7:03am | Edited 10:58am
This will reduce drawdown a lot : Wait for the Bresseet indy on 5min chart to enter OB/OS and then its colour to conform with the quantum signal from 1 Min chart.
I wanted the Q values to be more objective than subjective so I use the value returned by the Average range indi for QDE and half of the value for QDC. If you find them worthwhile do appreciate!
Attached File(s)
File Type: ex4 Bressert Scalper Improved.ex4   10 KB | 460 downloads
File Type: ex4 Average Range-Multi .ex4   19 KB | 409 downloads
  • #2,174
  • Oct 13, 2015 3:54pm Oct 13, 2015 3:54pm
EURGBP I think its great opportunity to short
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 24 KB
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #2,175
  • Oct 13, 2015 4:44pm Oct 13, 2015 4:44pm
Almo, your perspective on the EG 10k, & three pair on M15, is absolutely brilliant. Thanks loads for that info.


The chart you posted above, of EG daily, brings me to ask, is this a new frontier for you? Trading Q on the daily time frame?

Thanks,
Darryl
  • #2,176
  • Oct 13, 2015 4:46pm Oct 13, 2015 4:46pm
Quoting diamonddbw
Almo, your perspective on the EG 10k, & three pair on M15, is absolutely brilliant. Thanks loads for that info. The chart you posted above, of EG daily, brings me to ask, is this a new frontier for you? Trading Q on the daily time frame? Thanks, Darryl
yes mate , I doing some research on the daily , I will upload setups if any.

Cheers mate

Al.
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #2,177
  • Oct 13, 2015 5:59pm Oct 13, 2015 5:59pm
Quoting Almo2312
{quote} yes mate , I doing some research on the daily , I will upload setups if any. Cheers mate Al.
++++++++++++++++++++++++++++++++
Well you certainly cracked the nut on 10k & 3 pair set ups. I've spent weeks going over a finite number of combinations, without huge success. However I never thought of testing much beyond Q settings of about 1000, which, I see now, didn't quite cut it. Keep up the good work. Much appreciated....
  • #2,178
  • Oct 13, 2015 6:19pm Oct 13, 2015 6:19pm
Quoting diamonddbw
{quote} ++++++++++++++++++++++++++++++++ Well you certainly cracked the nut on 10k & 3 pair set ups. I've spent weeks going over a finite number of combinations, without huge success. However I never thought of testing much beyond Q settings of about 1000, which, I see now, didn't quite cut it. Keep up the good work. Much appreciated....
thanks mate
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #2,179
  • Oct 13, 2015 7:33pm Oct 13, 2015 7:33pm
AudNzd M15 Could be putting in buys soon. There is strong support in the 1.0800 area, from early June. Got my eyes on that one.
  • #2,180
  • Oct 14, 2015 12:47am Oct 14, 2015 12:47am
Tokyo Open

EURGBP [M1; 150 - 150]

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 39 KB


Total pips for the EG pair for the Asian session was +104.1 pips!

Note: started entries 1 hour prior to Tokyo Open today.

Masterrmind...........
Master your Mind then Master your Trades
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