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Q A M Trading Strategy

  • #1,521
  • Sep 15, 2016 5:10pm Sep 15, 2016 5:10pm
Tokyo Open

DD on the account has tamed somewhat so I'll be looking to add in a cycle or 2 today.

Masterrmind............
Master your Mind then Master your Trades
  • #1,522
  • Sep 15, 2016 5:30pm Sep 15, 2016 5:30pm
FF News Calendar (GMT +10)

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Masterrmind...........
Master your Mind then Master your Trades
  • #1,523
  • Sep 15, 2016 5:42pm Sep 15, 2016 5:42pm
AJ (CLS cycle)

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CLS cycles will be traded at a minimum of 0.2 lots unless otherwise stated.

If DD is seen to be on the 'higher side' of a currently running cycle as in EA in this case then a CLS of 0.1 lots may be applied including a limit on entries.

A combination of Expert + manual entries is highly likely throughout the course of the day.

ps. initial settings in the Expert are for a TP = 100 pips and a Stop = 300 pips per entry but depending on PA etc these can and will be varied if necessary. It should be noted that I monitor every cycle on every pair and will make adjustments if required.

pps. the objective is to ensure that cycles are at least net positive.

Masterrmind...........
Master your Mind then Master your Trades
  • #1,524
  • Sep 15, 2016 5:55pm Sep 15, 2016 5:55pm
Quoting Masterrmind
AJ (CLS cycle) {image} CLS cycles will be traded at a minimum of 0.2 lots unless otherwise stated. If DD is seen to be on the 'higher side' of a currently running cycle as in EA in this case then a CLS of 0.1 lots may be applied including a limit on entries. A combination of Expert + manual entries is highly likely throughout the course of the day. ps. initial settings in the Expert are for a TP = 100 pips and a Stop = 300 pips per entry but depending on PA etc these can and will be varied if necessary. It should be noted that I monitor every cycle...
AJ

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4 additional manual entries applied at 0.2 lots a piece for a current total of 6 entries (2 from Expert).

This was to simply match up with previous Q box numbers having been generated.

Masterrmind...........
Master your Mind then Master your Trades
  • #1,525
  • Sep 15, 2016 5:56pm Sep 15, 2016 5:56pm
EG short cycle started.
Don't look down when learning to fly.
  • #1,526
  • Sep 15, 2016 6:10pm Sep 15, 2016 6:10pm
GJ (CLS 0.2)

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CLS cycle started but will be very closely monitored.

Masterrmind............
Master your Mind then Master your Trades
  • #1,527
  • Sep 15, 2016 6:12pm Sep 15, 2016 6:12pm
Quoting Platanero
EG short cycle started.
If you have nice tight spread then you'll have very good cycles on this pair in general (likewise for EURCHF)

Unfortunately the type of account I'm using has unfavorable spread to trade those pairs when matched to generally lower trading ranges.

Masterrmind............
Master your Mind then Master your Trades
  • #1,528
  • Sep 15, 2016 6:27pm Sep 15, 2016 6:27pm
Quoting Masterrmind
{quote} AJ {image} 4 additional manual entries applied at 0.2 lots a piece for a current total of 6 entries (2 from Expert). This was to simply match up with previous Q box numbers having been generated. Masterrmind...........
AJ

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Closed out early manually.

+72.4 pips.

ps. Expert has now been pulled from the chart so only 1 quick cycle on that pair today (last trading day of the week)

pps. GJ pending cycle still in action with trades yet to be opened.

Masterrmind...........
Master your Mind then Master your Trades
  • #1,529
  • Sep 15, 2016 6:58pm Sep 15, 2016 6:58pm
EURAUD providing some pips again. 185 pips total. Slightly cautious of taking any long cycles as there is plenty of room down below, I've switched off the EA until we get down to 1.4920-30 area and will build a position from there if it goes lower. Happy to attack it from the short side if it pops up again.

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flipfloptrader forum
  • #1,530
  • Sep 15, 2016 8:17pm Sep 15, 2016 8:17pm
Quoting FlipFlopGC
EURAUD providing some pips again. 185 pips total. Slightly cautious of taking any long cycles as there is plenty of room down below, I've switched off the EA until we get down to 1.4920-30 area and will build a position from there if it goes lower. Happy to attack it from the short side if it pops up again. {image}
Go the volatiles!

Masterrmind...........
Master your Mind then Master your Trades
  • #1,531
  • Sep 15, 2016 8:24pm Sep 15, 2016 8:24pm
Quoting Masterrmind
GJ (CLS 0.2) {image} CLS cycle started but will be very closely monitored. Masterrmind............
GJ

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Finally in on a trade but this pair will only be for the single cycle too.

Masterrmind............
Master your Mind then Master your Trades
  • #1,532
  • Sep 15, 2016 8:30pm Sep 15, 2016 8:30pm
If I didn't have the EA cycle running I would have probably traded an M1 TF with Q=200 during the Asian session and looked to trade 2 pairs.

This will certainly be the case going forward.

However, under current conditions it's best to use an M5 TF due to a generally lower frequency of entries.

Masterrmind............
Master your Mind then Master your Trades
  • #1,533
  • Sep 15, 2016 8:32pm Sep 15, 2016 8:32pm
PLS Cycle today

I plan to trade a mild PLS cycle later today closer to FF Open but the final decision will be based on the account DD at that time.

Lets see!

Masterrmind........... :nerd:
Master your Mind then Master your Trades
  • #1,534
  • Sep 15, 2016 8:38pm Sep 15, 2016 8:38pm
Quoting Masterrmind
{quote} GJ {image} Finally in on a trade but this pair will only be for the single cycle too. Masterrmind............
GJ

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Closed out for 11.3 pips on the 1 short just above mid-S.

No point in holding on longer as the PA on GJ today is rather docile (lack of data floating around etc) so ended the cycle.

Masterrmind...........
Master your Mind then Master your Trades
  • #1,535
  • Sep 15, 2016 10:21pm Sep 15, 2016 10:21pm
PLS cycle

Searching now ........

Masterrmind...........
Master your Mind then Master your Trades
  • #1,536
  • Sep 15, 2016 10:44pm Sep 15, 2016 10:44pm
Quoting Masterrmind
{quote} GJ {image} Closed out for 11.3 pips on the 1 short just above mid-S. No point in holding on longer as the PA on GJ today is rather docile (lack of data floating around etc) so ended the cycle. Masterrmind...........
Mastermind,

Do you have any EA for PLS cycle trading?

The one suggested by you is quite efficient for CLS.

Does the PLS EA print it? And what does MN510 refers to?

Attached Image


Thanks
Practice makes a person perfect
  • #1,537
  • Sep 15, 2016 10:47pm Sep 15, 2016 10:47pm
Quoting Masterrmind
PLS cycle Searching now ........ Masterrmind...........
EURJPY [M1; 300 - MN 508; PLS]

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Range lots .... [0.2 through 10]

Note well: If no trades have opened within the 1st hour of London Session then I may cease the cycle (ie by GMT 8).

Masterrmind...........
Master your Mind then Master your Trades
  • #1,538
  • Sep 15, 2016 11:07pm Sep 15, 2016 11:07pm
Quoting simnz
{quote} Mastermind, Do you have any EA for PLS cycle trading? The one suggested by you is quite efficient for CLS. Does the PLS EA print it? And what does MN510 refers to? {image} Thanks
Hi simnz,

In the zip folder of supplied EA's you will find an EA tagged with the ending "Simple Version".

Quantum London Trading EA v1.6.1 Simple Version <> use this EA if you wish as you can apply different settings to every lot size of trades up to #41 and then all trades after #42 at constant lot size based on your input.

If you plan to use the same settings regularly then I advise to save it as a template for future use.

Keep a tpl for say the Asian trading window of your choice and one for London etc.

There is no difference between a CLS and a PLS Expert traded here

A PLS is simply an increasing lot sequence applied by the user in the EA settings whereas the CLS has all lot size settings constant (same lot size eg 0.2 lots for every trade ever opened by the Expert).

Here is a view of the EJ PLS lot settings but perhaps unlikely to trigger all these although you never really know:

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Note: this PLS is an example sequence and has not been derived from any historical analysis whatsoever, so be careful applying it!

MN = Magic Number

If you trade more than 1 pair it can be crucial that the magics are different.

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If cycles trade over multiple days and weeks then the trader must keep an up to date readily available list of current magic numbers being applied to which pairs.

If you forget and some time in the future you open a fresh cycle which is the same as a currently running cycle and you mistakenly apply the same MN then the Expert will close out every single trade on the trading account denoted by that particular MN based on the Quantum exit criteria.

In a worse case scenario it means that if say 100 trades were running on an older cycle they could very very easily be closed out prematurely for total loss!

Please keep a list and never apply them incorrectly ... you can get burnt!

Ok I think I covered that well enough.

ps. If you have further questions please ask because I don't want to learn later that this has happened to a trader ....

Good trading,

Masterrmind............. :nerd:
Master your Mind then Master your Trades
  • #1,539
  • Sep 16, 2016 12:14am Sep 16, 2016 12:14am
Quoting Masterrmind
{quote} EURJPY [M1; 300 - MN 508; PLS] {image} Range lots .... [0.2 through 10] Note well: If no trades have opened within the 1st hour of London Session then I may cease the cycle (ie by GMT 8). Masterrmind...........
EJ - update

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Masterrmind.............
Master your Mind then Master your Trades
  • #1,540
  • Sep 16, 2016 3:37am Sep 16, 2016 3:37am
Quoting Masterrmind
{quote} EJ - update {image} Masterrmind.............
EJ - update

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13 longs now in the cycle.

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