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Q A M Trading Strategy

  • #1,121
  • Jul 6, 2016 12:48am Jul 6, 2016 12:48am
Quoting Masterrmind
{quote} EJ - update {image} Adjusted the Q values to 70 in the EA settings to 'force' a positive cycle (TPs will all be above 1st entry level). While the Expert remains on the chart TPs will be at the closing Q=70 level. If the Expert is removed from the chart then notice the TP levels higher up the chart .... these can then be adjusted based on PA etc if needed. Masterrmind.............
EJ- update

Attached Image (click to enlarge)
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Closed out the cycle manually and removed EA from the chart.

ps. to the very observant out there you'll notice the very 1st trade was closed out in small profit ... reason being the MN applied was incorrect!
Attached Image (click to enlarge)
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pps. so I waited until it went into a little profit and promptly closed it out.

Masterrmind.............
Master your Mind then Master your Trades
  • #1,122
  • Jul 11, 2016 8:08pm Jul 11, 2016 8:08pm
New Cent Account started today with FX TM

QAM -1K (CENT) live simply updates the older QAM-1k live trading account and uses its final balance as the new starting balance.

Exact balance amount added to the new account in the amount of US$1026.36 ie 102 636 USC.

The original account QAM-1k live retained a small balance to keep the account active as it may be re-visited again in the future.

TE linked to trading account and made public.

myfxbook link will also be provided shortly for those who enjoy analytics.

Commentary on the cycles of trades may occur in either of my threads:

http://www.forexfactory.com/showthread.php?t=580721

http://www.forexfactory.com/showthread.php?t=585458

Enjoy the ride and lets see how far this account can go!

Masterrmind.............
Master your Mind then Master your Trades
  • #1,123
  • Jul 11, 2016 8:29pm Jul 11, 2016 8:29pm
The link for myfxbook for the QAM-1K (CENT) live account is as follows:

https://www.myfxbook.com/members/MAS...t-live/1703976

Masterrmind............
Master your Mind then Master your Trades
  • #1,124
  • Jul 15, 2016 1:26am Jul 15, 2016 1:26am
The AUDJPY and EURAUD cycles continue to run.


Current account details are as follows:

AJ

No trades closed.
100 short trades still running.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 49 KB


EA

142 trades have been closed out in profit.
13 longs still running.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 47 KB


If price manages to move up 50 to 60 pips on the EA pair then I'll look to close out the 13 trades currently running.
If price tests the 1.45 handle and looks to hold above it I'll think about loading up on longs again.

However, this would mean leaving trades over the weekend which is not always a great idea.
Nevertheless, it is highly likely that the AJ pair will be left over the weekend.

Current floating DD is just over 10%.

Masterrmind...........
Master your Mind then Master your Trades
  • #1,125
  • Jul 15, 2016 1:36am Jul 15, 2016 1:36am
Quoting Masterrmind
The AUDJPY and EURAUD cycles continue to run. Current account details are as follows: AJ No trades closed. 100 short trades still running. {image} EA 142 trades have been closed out in profit. 13 longs still running. {image} If price manages to move up 50 to 60 pips on the EA pair then I'll look to close out the 13 trades currently running. If price tests the 1.45 handle I'll think about loading up on long again. Current floating DD is just over 10%. Masterrmind...........
Hi mate,how ru?.

can I sugest u something for your strategy,i tested it from the one min tf to the hr1,(not much trades on the hr1 but huge profits)

if u want me to share here my thoughts and if its ok from your side I will do so

Cheers

Al.
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #1,126
  • Jul 15, 2016 1:45am Jul 15, 2016 1:45am
Quoting Almo2312
{quote} Hi mate,how ru?. can I sugest u something for your strategy,i tested it from the one min tf to the hr1,(not much trades on the hr1 but huge profits) if u want me to share here my thoughts and if its ok from your side I will do so Cheers Al.
Hi Almo,

Yes your comments are always welcome.

Post away.

+++++++++++++++++++++++++++++++

I've intentionally tried to keep to M5 TF at the start of this account because it generates enough Q boxes to make it worthwhile.

At this stage I'm also attempting to avoid very large lot sizes unless recovery mode kicks in.

The idea here though is to generate thousands of pips in cycles mainly because 1 pip @ 0.1 lot is about 1 cent.

I'll introduce progressive lot sequencing very soon (after some growth).

The idea of continually following just 1 pair (maybe 2) and entering and closing out trades as the PA flows from day to day is also being considered.

The M1 TF could also be used but far more entries would be generated ... this can be good or bad.

I used to trade H1 (and still do) from the QLT thread days where I made thousands of pips on the GU pair.

++++++++++++++++++++++++++++++++++++++

I'd be interested to hear what you have to say mate so please feel free to do so anytime.

Masterrmind............
Master your Mind then Master your Trades
  • #1,127
  • Jul 15, 2016 1:52am Jul 15, 2016 1:52am
Quoting Masterrmind
{quote} Hi Almo, Yes your comments are always welcome. Post away. +++++++++++++++++++++++++++++++ I've intentionally tried to keep to M5 TF at the start of this account because it generates enough Q boxes to make it worthwhile. At this stage I'm also attempting to avoid very large lot sizes unless recovery mode kicks in. The idea here though is to generate thousands of pips in cycles mainly because 1 pip @ 0.1 lot is about 1 cent. I'll introduce progressive lot sequencing very soon (after some growth). The idea of continually following just 1 pair...
just tell me what is your favoured time frame that you base most of your trades?
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #1,128
  • Jul 15, 2016 2:11am Jul 15, 2016 2:11am
anyway this is the idea for the one min and 5 min tf
Attached Image (click to enlarge)
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500 h/l
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #1,129
  • Jul 15, 2016 2:31am Jul 15, 2016 2:31am
Quoting Almo2312
anyway this is the idea for the one min and 5 min tf {image} 500 h/l
How would you sequence lot sizes based on 100 000 account?
Master your Mind then Master your Trades
  • #1,130
  • Jul 15, 2016 2:46am Jul 15, 2016 2:46am
Quoting Masterrmind
{quote} How would you sequence lot sizes based on 100 000 account?
because its more accurate entries there will be no much DD so for 10k we can put 0.1 lot (for the conservative traders)

I play with high leverage usually so I cant tell,my idea is to take very small acc that money I can risk and don't bet the farm and make from that high %.
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #1,131
  • Edited 11:04am Jul 15, 2016 2:55am | Edited 11:04am
look also at the GJ trade same as GN same concept on the one min 500 h/l

in one good entry you can make above 200 pips for the volty pairs
Attached Image (click to enlarge)
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GJ + GN about 400 pips in total for 4 trades

now gcad on process

Friday but I will keep it

Cheers

Al.
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #1,132
  • Jul 15, 2016 5:36am Jul 15, 2016 5:36am
Quoting Almo2312
{quote} because its more accurate entries there will be no much DD so for 10k we can put 0.1 lot (for the conservative traders) I play with high leverage usually so I cant tell,my idea is to take very small acc that money I can risk and don't bet the farm and make from that high %.
Yes better not too bet the farm it could easily disappear!

The trouble is in these type strategies to get the high % either means taking on a lot of DD or applying high lot entries with short stops and letting the good trades run.

ps. thanks for the input its appreciated.

Masterrmind............
Master your Mind then Master your Trades
  • #1,133
  • Jul 15, 2016 5:57am Jul 15, 2016 5:57am
Quoting Almo2312
look also at the GJ trade same as GN same concept on the one min 500 h/l in one good entry you can make above 200 pips for the volty pairs{image}
I like the idea of using the large range pairs but have intentionally kept clear of the GBP pairs especially since this new account has just commenced and I didn't want to subject it to alot of strain initially.

Funny how the AJ + EA cycles are giving it a good test though.... haha

This new account also has some 'nasty' spreads on the high volatile pairs which need to be closely considered.

I traded in the QLT thread with >>>10K on an ECN account with very good spreads which meant I could trade the turtle pairs and load up with occasional high lot entries on EURCHF, EURGBP etc etc but on this cent account you have the extra worry of seriously considering the spread because its sometimes 2,3 or 4 times higher.

Many factors against making the small account work but that's what makes challenges so interesting.

Unfortunately if the DD gets too large on the current account I'll either apply high lot recovery trades or I can simply deposit several thousand dollars more to soak up the DD.

I will only add funds as a very last resort because what it will mean is that the attempt is unsuccessful.

Lets hope we don't have to go down that path.

ps. one other option I've been analyzing is the progressive lot sequence method so it is tempting to start another account with this method but I'll wait to see how the current attempt progresses first before starting anything new.

pps. it would be great if you were able to trade the method you just outlined but I'm guessing you are far too busy in your own thread.

Masterrmind..............
Master your Mind then Master your Trades
  • #1,134
  • Jul 15, 2016 8:01am Jul 15, 2016 8:01am
as for now I wait for nice setup on GCAD for the 5min tf high probability + Q

lets c
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 117 KB
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #1,135
  • Jul 15, 2016 8:24am Jul 15, 2016 8:24am
Quoting Almo2312
as for now I wait for nice setup on GCAD for the 5min tf high probability + Q lets c {image}
All the best on that trade Almo.

I'm now sitting on 200 trades.

AJ @ 100 shorts @ 0.1 lots.

EA @ 97 longs @ 0.1 lots (just waiting for 3 more Buy Stops to trigger).

Masterrmind...........
Master your Mind then Master your Trades
  • #1,136
  • Jul 15, 2016 8:42am Jul 15, 2016 8:42am
AJ

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 53 KB


EA

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 49 KB


Masterrmind.............
Master your Mind then Master your Trades
  • #1,137
  • Jul 15, 2016 8:44am Jul 15, 2016 8:44am
I've got to get back in the saddle here. I'll need to do some reading to catch up. Not sure yet what I'm seeing, but I know I'll learn.
  • #1,138
  • Jul 15, 2016 9:00am Jul 15, 2016 9:00am
Quoting diamonddbw
I've got to get back in the saddle here. I'll need to do some reading to catch up. Not sure yet what I'm seeing, but I know I'll learn.
Well this approach is being executed on a cent account and with it comes many different features.

The plan behind this method is to generate huge numbers of pips on either 1 or 2 pairs.

DD is the evil to keep a close watch over.

Cycle of trades will tend to be very large and applied by an EA, manually or via scripts.

Lets see what this account is made of and its right in the middle of a big test now.

Trading strategy will be modified on the fly with this account mainly because I have never traded a cent account ever (this is the 1st).

Quite possibly 1 pair should have been applied but I took 2.

I have not and will not set a limit on the maximum floating DD as I did on the 1st account.

However, as time goes on the DD limit will be reduced.

The end result hopefully will form a QAM Trading method that has a reasonable chance of being repeated if in fact it is successful at least once.

Time will tell and I'm certainly discovering many interesting and not so interesting points about a cent account.

Lets see how it goes.

I'm here to give it a good go in any case!

Masterrmind............
Master your Mind then Master your Trades
  • #1,139
  • Jul 15, 2016 9:06am Jul 15, 2016 9:06am
Quoting Masterrmind
AJ {image} EA {image} Masterrmind.............
Ok so what do we have?

Stops are all in place on every trade .... check!

TPs on every trade ................................ check!

Total risk on trading account known .... check!

++++++++++++++++++++++++++++++++++

A favorable gap up or down in price as the case may be would be nice come Monday but we'll have to wait and see what next week brings.

Have a great weekend and see you all next week.

I'm off to rest!

ps. all orders triggered now..... 2 massive Quantum Webs in the making comprised of 200 trades!

Masterrmind............
Master your Mind then Master your Trades
  • #1,140
  • Jul 15, 2016 9:12am Jul 15, 2016 9:12am
Here's a thought: What if basic Q was applied to London Close based on only opening those trades within the 76% to 100%, or 0% to 23% range, at London Close?
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