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Quantum London Trading

  • #2,381
  • Dec 3, 2015 4:10am Dec 3, 2015 4:10am
Quoting Genry_05
{quote} //---- input parameters extern int BarsCount = 1500; extern int MAPeriod = 78; extern int MAMethod = MODE_SMA;//0-Simple;1-Exponential;2-Smoothed;3-Linear Weighted; extern int MAPrice = PRICE_CLOSE; // 0 - Close; 1 - Open;2 - High;3 - Low;4 - Median Price (HL/2); // 5 - Typical Price (HLC/3); 6 - Weighted Close (HLCC/4)
Thank you.
  • #2,382
  • Edited 11:15am Dec 3, 2015 5:36am | Edited 11:15am
You can use an additional filter - an indicator Kiosotto.
Order can not be opened, if the histogram indicator below a predetermined level.
It is a good tip. The number of orders will be lessened and they will be open to local extremes.
Attached Image (click to enlarge)
Click to Enlarge Name: kio.png Size: 43 KB
Attached File(s)
File Type: mq4 Kiosotto_v41.mq4   3 KB | 733 downloads
Wherever you go, there you are (Jon Kabat-Zinn)
  • #2,383
  • Dec 3, 2015 5:43am Dec 3, 2015 5:43am
Quoting Genry_05
You can use an additional filter - an indicator Kiosotto. Order can not be opened, if the histogram indicator below a predetermined level. It is a good tip. {image}
But, for eg, your first entry. The price goes against you hundreds of pips. Or you use very small lots and can afford such thing, or have a big big account.
Do you use any kind of SL when the price goes against you or you simple wait that the price touch the opposite level, and meanwhile you are opening new positions?
  • #2,384
  • Edited 6:22am Dec 3, 2015 6:06am | Edited 6:22am
Quoting floydiano7
{quote} But, for eg, your first entry.
I use Fibonacci levels greater than 50. On the screen, only three of the bottom of the signal. I noted them more vivid square.


Quoting floydiano7
The price goes against you hundreds of pips. Or you use very small lots and can afford such thing, or have a big big account.
This TF M1, there are only 20 pips
Our goal - to reduce the strain on deposit. Quantum gave twenty-three of the signal, we only used three.


Quoting floydiano7
Do you use any kind of SL when the price goes against you or you simple wait that the price
touch the opposite level, and meanwhile you are opening new positions?
You can close the first reverse signal, if it is confirmed strong Kiosotto. SL is set at 100 fib or little more.
Wherever you go, there you are (Jon Kabat-Zinn)
  • #2,385
  • Dec 3, 2015 6:18am Dec 3, 2015 6:18am
Quoting Genry_05
{quote} I use Fibonacci levels greater than 50. On the screen, only three of the bottom of the signal. I noted them more vivid square. {quote} This TF M1, there are only 20 pips {quote} You can close the first reverse signal, if it is confirmed strong Kiosotto. SL is set at 100 fib or little more.
Thank you for your answer.
I updated my Fibbo with your settings, but its different from yours. The price reached my 50 level first than yours.
I will study the entries with kiosotto.
Thanks.
  • #2,386
  • Dec 3, 2015 6:28am Dec 3, 2015 6:28am
Quoting floydiano7
{quote} Thank you for your answer. I updated my Fibbo with your settings, but its different from yours.
The price reached my 50 level first than yours. I will study the entries with kiosotto. Thanks.
Green pips to you!
Wherever you go, there you are (Jon Kabat-Zinn)
  • #2,387
  • Edited 8:42am Dec 3, 2015 7:05am | Edited 8:42am
I add a bit of reflection.

Quoting floydiano7
{quote} I will study the entries with kiosotto. Thanks.
Quoting Genry_05
The number of orders will be lessened and they will be open to local extremes.
Strong signal Kossotto coincides with the local extremes. After such a signal often does the price correction.
Even if there is no reversal of the trend, such a correction makes it possible to close the order without a loss or a small profit.
Quoting floydiano7
{quote} But, for eg, your first entry.
I have not used this entry, but it was not hopeless. After this signal the price has gone up twenty-bars.
If you use a trailing stop or will suffer SL - you will get a profit.
In each case, after a strong price signal Kiosotto makes it possible to close the order at a profit.
If the signal was Quantum, but Kiosotto was weak, the chances were much smaller.


PS. I do not know how clear my Google-English. I hope that there is a benefit from it, not just an excuse to have fun.
I liked this theme, which was created mer071898. And there was a desire to bring their ideas to the common fund of ideas.
Wherever you go, there you are (Jon Kabat-Zinn)
  • #2,388
  • Dec 3, 2015 8:13am Dec 3, 2015 8:13am
Quoting Genry_05
I add a bit of reflection. {quote} {quote} Strong signal Kossotto coincides with the local extremes. After such a signal often does the price correction. Even if there is no reversal of the trend, such a correction makes it possible to close the order without a loss or a small profit. {quote} I have not used this entry, but it was not hopeless. After this signal the price has gone up twenty-bars. If you use a trailing stop or will suffer SL - you will get a profit. In each case, after a strong price signal Kiosotto makes it possible to close the...
Thank you for your 'reflections'.
I agree that the entries with kiosotto could be stronger ones. What I do not agree is close the trade only when the price reaches the opposite level.
But regarding the fibbo levels, I think that I prefer the TMA bands.
  • #2,389
  • Edited 10:21am Dec 3, 2015 10:08am | Edited 10:21am
Quoting floydiano7
{quote}What I do not agree is close the trade only when the price reaches the opposite level.
This is the most obvious target. You can close only part of the orders - the earliest, move the SL and turn trelling stop.
Quoting floydiano7
But regarding the fibbo levels, I think that I prefer the TMA bands.
I also like channel TMA and I used it to trade. His weak spot - repainting.
There are promising channels that I checked, you can see them.
But they are all a little paint, Fibo channel to the MA can trust.
Attached File(s)
File Type: mq4 ForexAtron.mq4   4 KB | 512 downloads
File Type: mq4 MA_Triangul_center_abands_alrt2.mq4   10 KB | 478 downloads
Wherever you go, there you are (Jon Kabat-Zinn)
  • #2,390
  • Edited 1:09pm Dec 3, 2015 10:22am | Edited 1:09pm
Quoting Genry_05
{quote} This is the most obvious target. You can close only part of the orders - the earliest, move the SL and turn trelling stop. {quote} I also like channel TMA and I used it to trade. His weak spot - repainting. There are promising channels that I checked, you can see them.
EDIT: I selected the wrong quote I am talking about the Kiosotto indicator attached above.

If an indicator looks to good to be true it usually repaints or has some flaws in it's logic. If I am not mistaken the indicator looks 1 bar into the future to calculate the current candle's value. This will lead to the past values looking great and the indicator working in the backtester (because the future values are accessible even if they are not on the chart yet) but during live trading this indicator will fail.

If we take a look at this code:
Remember candles are labeled from 0 current to xxx in the past.

Lets assume we want to know how the value of candle 1 is calculated. We can get rid of the for loop and assume i to be 1.

Inserted Code
 i = 1
 j = 0;
 
  while (j<dev_period)  
      {
            int shift=i+j;
            datetime date = iTime(Symbol(), 0, shift);
 
            int bsht = iBarShift(Symbol(), Period(), date, false);
 
            int kolichestvo = bsht-MathRound(Period()/Period());
 
            if (kolichestvo < 0 ) {kolichestvo=0;}
 
            for (int n=bsht;n>=kolichestvo;n--)
            {
               double ii = iRSI(Symbol(),0,dev_period,PRICE_CLOSE,n);
               double hnw = iHigh(Symbol(), Period(), n);
               double lnw = iLow(Symbol(), Period(), n);
               double cle = iClose(Symbol(), Period(), n);
              ...
 
            j++;

Okay "while (j<dev_period)" combined with "int shift=i+j; " and "j++;" means we will take a look at the past 150 bars which is valid because we look into the past. Still looking at the first iteration we are left with:

Inserted Code
 i = 1
 j = 0;
 shift=1
 
 datetime date = iTime(Symbol(), 0, shift);
 
 int bsht = 1;
 int kolichestvo = 1 - 1 = 0
 
for (int n=bsht;n>=kolichestvo;n--)
{
    double ii = iRSI(Symbol(),0,dev_period,PRICE_CLOSE,n);

With n starting at 1 and kolichestvo being 0 we take a look at the RSI of bar 1 and 0. 0 lays in the future so this is where the indicator will fail us. Chaning the n >= to > we get the correct values.
Attached Image (click to enlarge)
Click to Enlarge Name: fixed.png Size: 47 KB
  • #2,391
  • Dec 3, 2015 10:23am Dec 3, 2015 10:23am
Quoting Genry_05
{quote} This is the most obvious target. You can close only part of the orders - the earliest, move the SL and turn trelling stop. {quote} I also like channel TMA and I used it to trade. His weak spot - repainting. There are promising channels that I checked, you can see them. But they are all a little paint, Fibo channel to the MA can trust. {file} {file}
This one doesn't repaint.
Attached File(s)
File Type: ex4 TmaTrue.ex4   5 KB | 362 downloads
  • #2,392
  • Dec 3, 2015 10:28am Dec 3, 2015 10:28am
Quoting Kilian19
{quote} If an indicator looks to good to be true it usually repaints or has some flaws in it's logic. If I am not mistaken the indicator looks 1 bar into the future to calculate the current candle's value. This will lead to the past values looking great and the indicator working in backtest (because the future values are accessible even if they are not on the chart yet) but during live trading this indicator will fail. If we take a look at this code: Remember candles are labeled from 0 current to xxx in the past. Lets assume we want to know how...
Excellent explanation!
  • #2,393
  • Dec 3, 2015 10:43am Dec 3, 2015 10:43am
Quoting Kilian19
If an indicator looks to good to be true it usually repaints or has some flaws in it's logic. If I am not mistaken the indicator looks 1 bar into the future to calculate the current candle's value. This will lead to the past values looking great and the indicator working in backtest (because the future values are accessible even if they are not on the chart yet) but during live trading this indicator will fail. If we take a look at this code: [...]
With n starting at 1 and kolichestvo being 0 we take a look at the RSI of bar 1 and 0. 0 lays in the...
Thank you, Kilian19!
For such messages as yours, sometimes it is worth spending time on the forums instead of trading.
Wherever you go, there you are (Jon Kabat-Zinn)
  • #2,394
  • Dec 3, 2015 10:57am Dec 3, 2015 10:57am
Quoting floydiano7
{quote} This one doesn't repaint. {file}
Thank you, floydiano7! You're right, the indicator TMA has changed for the better!
Attached File(s)
File Type: mq4 TmaTrue.mq4   5 KB | 477 downloads
File Type: mq4 TmaTrue with Distances (1).mq4   9 KB | 511 downloads
Wherever you go, there you are (Jon Kabat-Zinn)
  • #2,395
  • Dec 3, 2015 11:05am Dec 3, 2015 11:05am
Quoting Genry_05
{quote} Thank you, Kilian19! For such messages as yours, sometimes it is worth spending time on the forums instead of trading.
I am happy that the time spend accomplished something. I usually stay away from such kind of conversation as they usually always turn out the same but I got into the swingspot / quantum method over a year ago and pretty much liked the idea. If we take the tweaked indicator and look for divergence of bars next to each other we still get some pretty nice entries.
This type of system requires to cut as many false signals as possible and to get as late into the trend as possible and it seems like this accomplishes both tasks pretty well
Attached Image (click to enlarge)
Click to Enlarge Name: divergence.png Size: 58 KB
  • #2,396
  • Dec 3, 2015 11:17am Dec 3, 2015 11:17am
Hi, Genry_05
Can you share an Sniper EA? Thanks
  • #2,397
  • Dec 3, 2015 11:34am Dec 3, 2015 11:34am
Quoting Kilian19
.. If we take the tweaked indicator and look for divergence of bars next to each other we still get some pretty nice entries.
This type of system requires to cut as many false signals as possible and to get as late into the trend as possible and it seems like this
accomplishes both tasks pretty well
You have keen eyes, Kilian19!
I also use this feature of the indicator, just take the top in a wider range.
Attached Image (click to enlarge)
Click to Enlarge Name: divergence_1.png Size: 45 KB
Wherever you go, there you are (Jon Kabat-Zinn)
  • #2,398
  • Dec 3, 2015 11:45am Dec 3, 2015 11:45am
Quoting olvus
Hi, Genry_05 Can you share an Sniper EA? Thanks
It's not a problem. The problem is that the AT is focused on the Russian language and the messages and comments in Russian, too.
This is a program for manual entry into the market for a sniper system. It opens two orders, and then you can open a counter-order high volume.
The system has a great description. Not knowing its features, you can get a loss.
Wherever you go, there you are (Jon Kabat-Zinn)
  • #2,399
  • Dec 3, 2015 11:48am Dec 3, 2015 11:48am
Quoting Genry_05
{quote} You have keen eyes, Kilian19! I also use this feature of the indicator, just take the top in a wider range. {image}
Taking a longer term period like you do has it merits. You should do a few more back tests to see how it works, currently you have only picked 2 scenarios where the next signals consist of 1 "square". If there are multiple new lows of highs this might fail.

My initial intention was to grab the reversal (end) of a move which is indicated by the retracement of the indicator value (this will give you a little bit of a worse entry most of the times) but at least you don't get caught in multiple positions at once.
We will have to see which way turns out to be more profitable.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: div1.png Size: 105 KB
Click to Enlarge Name: div2.png Size: 97 KB
  • #2,400
  • Dec 3, 2015 11:54am Dec 3, 2015 11:54am
Quoting Genry_05
You can use an additional filter - an indicator Kiosotto. Order can not be opened, if the histogram indicator below a predetermined level. It is a good tip. The number of orders will be lessened and they will be open to local extremes. {image} {file}
hi genry
you can see also the post 2268
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