Disliked{quote} Just my way of keeping track of the ebb and flow of the market throughout the day. Masterrmind...........Ignored
- #2,262
- Oct 22, 2015 4:14am Oct 22, 2015 4:14am
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
{quote} Seems youre doing really well with you kind of style? Any updates on overall performance, DD etc
Very important and valid questions that you are asking.
I missed trading today with the Q method on the M1 TF chart so I took no trades (did place a couple of other non-Q related mid term trades though) .... been out on other business most of the day!
I will check the charts later though for EURGBP and EURCHF to see how they would have turned out.
DD would need to be determined on a case by case basis (balance and lot size per trade over the entire cycle).
You could get a general idea by running the EURGBP and the EURCHF pairs through the MT4 strategy tester over the last few days/weeks etc for the trading window I apply currently which is usually Tokyo Open through to Tokyo + 5 hours and then close out trades on that final cycle. You could then look at some of my posts and for the EURGBP and EURChf pairs on given days to see what values I applied for Quantum and then look at my cycles of trades especially the ones that are closed off early.... the others that are closed off as per Q exit should be easy enough to work out.
The DD would need to consider account balance and lot sizing considerations so it presents a slight problem in that I do not trade 0.01 lots per 10K balance but rather much higher than this..........
It might be useful to start with 0.01 per 10K for the 5 hours I trade the M1 TF and then run it through the strategy tester with increasing lot size progression so you can see how the DD changes.
I'm very happy with the DD I experience for how I trade but I always look at ways to minimize the DD as much as possible which can be a tricky business in this Q method since DD is at its core.
If there are certain cycles of my trades posted that have been manually closed out and for which you are unsure of the close prices then either ask me here or PM me and I'll send you the open and close prices for any of my trades posted. This is probably more important for those cycles of trades that were not closed out by Q.
Note: I do alter the lot sizes and lot progressions that I apply on a daily basis too including lot size applied per pair which also may vary depending on the trading day, risk of pending news floating around etc. Usually lot sizes are highest on Tues and Wed with Monday, Thurs and Fri lower.
Hope that helps a bit and yes I know it means you need to do some work to find an answer but I see no real point in stating my DD since it actually varies on a day to day basis due to ranges and entries and lot sizes applied.
One way to overcome some of the doubt might be to use a TE or a myfxbook then it will be reasonably clear.
I'll consider this option as soon as I've spent several more weeks getting to the final strategy.
Masterrmind...........
Master your Mind then Master your Trades
- #2,265
- Edited 6:44pm Oct 24, 2015 1:17pm | Edited 6:44pm
Ok i will post it here but pls guys take a look at this and write what do You think 
Rules are simple
After CCI hits 350 level we need to wait for signal BUT! make a trade ONLY when price touch centered envelope line!
Regards
OverPower!
Rules are simple
After CCI hits 350 level we need to wait for signal BUT! make a trade ONLY when price touch centered envelope line!
Regards
OverPower!
- #2,267
- Edited 8:19am Oct 25, 2015 2:23am | Edited 8:19am
{quote} hi dimdel, can you share the indi for cci histogram. i acannot find it
- #2,268
- Oct 25, 2015 3:41am Oct 25, 2015 3:41am
- Joined Oct 2012 | Status: Trader | 2,561 Posts
{quote} hi dimdel, can you share the indi for cci histogram. i acannot find it
i dont know if i can share indis at mer's thread
if i have permission , ok no problem
but i can share the indis name
(cci histogramm or cci candles )
(val bands)
my setup is this
i trade only the first signal between 7-13
- #2,271
- Oct 25, 2015 11:23am Oct 25, 2015 11:23am
- Joined Oct 2012 | Status: Trader | 2,561 Posts
{quote} It also save you a lot of headache and questions....like what is the setting of this and that..... what is the value of this and that......
batus66 do it
cci 144
val band 20
- #2,275
- Oct 26, 2015 3:17am Oct 26, 2015 3:17am
- Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,542 Posts
MT4/MT5 EAs/Indicators/Alerts coder
- #2,279
- Oct 30, 2015 6:10am Oct 30, 2015 6:10am
- Joined Sep 2010 | Status: Trader | 2,034 Posts
I have worked with this indicator a year back and it is a pretty interesting concept to work with. The first time this indicator emerged in the forum it was known as swing spot and it have spend a considerable amount of time tweaking the input settings or the exit criteria using all sorts of combinations incorporated cci, bbands standard deviation, moving averages, stochastic or used a different period swing spot to mark the exit. It was rather an entertaining and educational task rather than a serious approach to create a tradable ea. I have created...
Thanks for your observation. It's great to here in depth analysis Without bias. It's also refreshing to read, what appears to be, an Ego Free treatise.
Trading is a mugs game at best. Doing research can provide some gems. Without the research, it's like shooting fish in a barrel, For the Broker.
- #2,280
- Oct 31, 2015 12:00pm Oct 31, 2015 12:00pm
{quote} ++++++++++++++++++++++++++++++++ Thanks for your observation. It's great to here in depth analysis Without bias. It's also refreshing to read, what appears to be, an Ego Free treatise.