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Quantum London Trading

  • #3,081
  • Dec 16, 2016 11:35am Dec 16, 2016 11:35am
Quoting champfx2016
Somehow I find QLT 1.49 doing better than the 1.6.1 staxis EA....I hope the creator can release mql code. It is never good to trade without verifying the code once.
How many traders - so many ways to trade.
Wherever you go, there you are (Jon Kabat-Zinn)
  • #3,082
  • Dec 16, 2016 11:41am Dec 16, 2016 11:41am
Quoting champfx2016
Somehow I find QLT 1.49 doing better than the 1.6.1 staxis EA....I hope the creator can release mql code. It is never good to trade without verifying the code once.
I have also found QLT 1.49 to be better and really hope the mql code will be released.
  • #3,083
  • Dec 16, 2016 11:52am Dec 16, 2016 11:52am
I have done extensive testing:
QLT1.49 ON AUDJPY blew the account about 5 times between 2010 and 2016
on audusd: iT BLEW ONCE.
ON GBPUSD: IT BLEW 6 TIMES

But if you remove those occassions when it was blowing up, the returns are great.


On the other hand, the 1.6.1 is not as good as QLT on any pair. But it does now blow the account i you keep MM like 10% equity stop loss etc.

So both the EAs are great. But they are unusable in their present format. They need extensive MM code which can only be applied once the mql to 1.49 is released.

PPl have posted the results but my advice is to go 7 years deep testing and you will see there are far too many times it is blowing up. Heavy tuning up needed.
  • #3,084
  • Dec 16, 2016 11:54am Dec 16, 2016 11:54am
By logic...this EA should work best on EURGBP, AUDCAD, NZDCAD, AUDNZD rather than GBPUSD, EURUSD ...and defintely stay away from GBPJPY and EURJPY as well as USDJPY. These currencies are primary trend currencies.
  • #3,085
  • Edited 2:03pm Dec 16, 2016 1:45pm | Edited 2:03pm
Colleagues, I just gave you the information. Now you can use it according to your knowledge and experience.
The program "Quantum London Trading EA v1.6.1 m13-8-12eng [staxis] .mq4" have many settings.
I am glad that you are so quickly figured out how they interact.

But for me, it is of little value. Back in March, the Russian forum, I said, that does not make sense to
take Quantum as the main indicator of trading signals. Therefore, in March, I think in a different direction.
Wherever you go, there you are (Jon Kabat-Zinn)
  • #3,086
  • Dec 16, 2016 3:07pm Dec 16, 2016 3:07pm
Quoting Genry_05
I spent 2 minutes in the transfer of the English settings in the new version of EA("Quantum London Trading EA v1.6.1 m13-8-12[staxis].mq4"). {file}
Hi Genry
Thanks, you are very helpful
Much Appreciated
Have a nice day
  • #3,087
  • Dec 16, 2016 3:43pm Dec 16, 2016 3:43pm
Quoting champfx2016
By logic...this EA should work best on EURGBP, AUDCAD, NZDCAD, AUDNZD rather than GBPUSD, EURUSD ...and defintely stay away from GBPJPY and EURJPY as well as USDJPY. These currencies are primary trend currencies.
Valid points and because the logic of the EA's is "averaging in", there will be times of large drawdown
so this strategy needs a larger size trading account but if someone is willing to keep the lot size small, it can work with a smaller account size and provide some regular income.

We have to remember that with this strategy, the trend is our enemy.
So we should avoid trending periods, eg avoid trading immediately after interest rate releases etc etc.
Therefore, some personal management of the EA is required.

Another option would be to add some additional code to the EA to help avoid some of the more dangerous situations, but the market is very dynamic and no EA can account for all market conditions.

IMHO
Have a nice day
  • #3,088
  • Dec 16, 2016 10:00pm Dec 16, 2016 10:00pm
What happened to threat starter as this was his innovation. What does he think of the innovations and changes added as the thread has progressed.


Would love to hear his thoughts.
  • #3,089
  • Dec 17, 2016 12:02am Dec 17, 2016 12:02am
I have used FF many times but this is the first time I have wanted to create an account and make a comment.

The work of Genry and mer must be congratulated and respected. New bie trades can start using this EA keeping the margin parameter in the EA to your starting balance. Also reduce the low sizes on higher grid trades to 1/10 of what it is now and you have a winning system which will make you money. I have tried nearly all market conditions including 2008 and 2012 etc and this EA is just very good.

Thank you to Genry and others who have contributed esp the folks at the russian forum .
  • #3,090
  • Edited 1:22am Dec 17, 2016 12:52am | Edited 1:22am
Quoting champfx2016
By logic...this EA should work best on EURGBP, AUDCAD, NZDCAD, AUDNZD rather than GBPUSD, EURUSD ...and defintely stay away from GBPJPY and EURJPY as well as USDJPY. These currencies are primary trend currencies.
More precisely it is necessary to choose a pair that are in the corridor (channel) with lateral movement and slight slope.
In the corridor width adjusts the size of the starting lot and the factor.
Preferred analysis majeure period for finding the range of possible reversal.
For example usdсad with May 2016 satisfies these conditions. Bandwidth within the 600-700 old points.
The result in points to the real trading advisor EA_QLT per 20 days in October.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Balanse_05-251016.png Size: 21 KB
Click to Enlarge Name: usdcad_from_May2016.png Size: 26 KB
Wherever you go, there you are (Jon Kabat-Zinn)
  • #3,091
  • Dec 17, 2016 1:35am Dec 17, 2016 1:35am
Quoting billv
{quote} Thanks, you are very helpful Much Appreciated
Quoting champfx2016
I have used FF many times but this is the first time I have wanted to create an account and make a comment. ...
Thank you! I made a repost on the Russian forum
Wherever you go, there you are (Jon Kabat-Zinn)
  • #3,092
  • Edited 2:52pm Dec 17, 2016 2:10am | Edited 2:52pm
Quoting champfx2016
Somehow I find QLT 1.49 doing better than the 1.6.1 staxis EA....I hope the creator can release mql code. It is never good to trade without verifying the code once.
Quoting forexaz
{quote} I have also found QLT 1.49 to be better and really hope the mql code will be released.
The advisor from Serg33 have a good algorithm of pending orders.
The logic of the situation assessment the entry also works effectively.
In my opinion there is some flaw in the logic itself: it is based on the typical behavior of prices. I prefer to analyze the situation.
Wherever you go, there you are (Jon Kabat-Zinn)
  • #3,093
  • Edited 12:47pm Dec 17, 2016 10:41am | Edited 12:47pm
Quoting billv
{quote} Thanks, you are very helpful Much Appreciated
Quoting champfx2016
I have used FF many times but this is the first time I have wanted to create an account and make a comment. ...
Quoting Genry_05
{quote} {quote} Thank you! I made a repost on the Russian forum
Answer from Staxis:

Quoting staxis
Thank you, Genry! Good motivation to not throw theme to the archive
Wherever you go, there you are (Jon Kabat-Zinn)
  • #3,094
  • Dec 17, 2016 4:19pm Dec 17, 2016 4:19pm
Quoting Genry_05
{quote} More precisely it is necessary to choose a pair that are in the corridor (channel) with lateral movement and slight slope. In the corridor width adjusts the size of the starting lot and the factor. Preferred analysis majeure period for finding the range of possible reversal. For example usdсad with May 2016 satisfies these conditions. Bandwidth within the 600-700 old points. The result in points to the real trading advisor EA_QLT per 20 days in October. {image} {image}
That's exactly what I wanted to know. I thought the EA had to be run on a trending condition!
Thanks again Genry
  • #3,095
  • Dec 17, 2016 11:48pm Dec 17, 2016 11:48pm
Are you guys setting this to true or to false?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 17 KB
  • #3,096
  • Dec 18, 2016 1:06am Dec 18, 2016 1:06am
false.
  • #3,097
  • Dec 18, 2016 1:09am Dec 18, 2016 1:09am
Quoting champfx2016
false.
Thanks. And which EA are you using? Staxis or QLT 1.49?

I haven't used QLT just yet, but have had some. Profits with staxis
  • #3,098
  • Dec 18, 2016 1:15am Dec 18, 2016 1:15am
Quoting fcaldas
Are you guys setting this to true or to false? {image}
I would not.
Why don't you load a set file from the ones Genry has uploaded?
Click on the paperclip at the top of the page and scroll through all the attachments.
Have a nice day
  • #3,099
  • Dec 18, 2016 1:17am Dec 18, 2016 1:17am
Quoting billv
{quote} I would not. Why don't you load a set file from the ones Genry has uploaded? Click on the paperclip at the top of the page and scroll through all the attachments.
I do use it, don't get me wrong. Was out of curiosity really. Nothing stops your from using Genrys set files but also tweak them.
  • #3,100
  • Dec 18, 2016 1:17am Dec 18, 2016 1:17am
I would be very very careful trying to just upload the set file. That set file has blown up the account a number of times between 2010 and 2016. It is optimised for a few months from 2015 to 2016...but once backtesting into 2010...serious issues with grid appear. This EA has to be allowed to be run when trendsare not strong. Pairs have to be selected and times have to be selected and then thisEA will do fine.
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