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  • #3,221
  • Dec 29, 2016 2:34am Dec 29, 2016 2:34am
Quoting Genry_05
{quote} I think it will be interesting to many traders!
I added the account in FF. I do need to warn that this account is not a great representative of the system. My account started with $500, but as I was not familiar with the system and using the wrong settings I made losses in my first few days. My equity fell from $500 to $66. I drastically changed my strategy to one pair (EURUSD) and changed my lot sizes to minimize my risk. Last week my balance went from $66 to $110.

This account is rather a test whether it can recover itself over the long time. What it does show me last week is that DD are low and focusing on one pair with the correct settings can be profitable.
  • #3,222
  • Dec 29, 2016 2:34am Dec 29, 2016 2:34am
Quoting johnluo
{quote} Dear Chau1985, For me, this period for long time testing with QLT, will monitor the results for next 2-3 months. {image} Thanks John
John, very great results. Wish you all the best with your settings. I assume that you are still trading in a demo account?
  • #3,223
  • Dec 29, 2016 3:57am Dec 29, 2016 3:57am
Quoting Chau1985
{quote} John, very great results. Wish you all the best with your settings. I assume that you are still trading in a demo account?
Thanks a lot with your wishes.

yes, so need to monitor for long time.
No Pain No Gain!
  • #3,224
  • Dec 29, 2016 6:57am Dec 29, 2016 6:57am
Quoting Genry_05
{quote} In a message on this page, I compared the possibility of stochastic George Lane and PFE. After the usual comparisons I made a comparison PFE with the MTF Stochastic. {quote} //indi declaration #property indicator_color1 clrGreen // minor Stoch #property indicator_color2 clrLightSeaGreen // middle Stoch #property indicator_color3 clrBlue // major Stoch #property indicator_color4 clrYellow #property indicator_width4 2 #property indicator_color5 clrRed // up - sell signal #property indicator_width5 4 #property indicator_color6 clrLime // down...
When I try to enter the code in my EA it says "indicator buffers amount is less than needed" are they referring to the #property values?

Also I can't drag the EA to the chart. I read that is because I cannot use Indicator functions in the EA. https://docs.mql4.com/customind However, I'm not sure which part of the code you gave me should not be in the EA.
  • #3,225
  • Dec 29, 2016 8:35am Dec 29, 2016 8:35am
Quoting Chau1985
{quote} When I try to enter the code in my EA it says "indicator buffers amount is less than needed" are they referring to the #property values? Also I can't drag the EA to the chart. I read that is because I cannot use Indicator functions in the EA. https://docs.mql4.com/customind However, I'm not sure which part of the code you gave me should not be in the EA.
Each piece of code has a comment.
1. The first part of the code - it fragment indicator. I gave it to you so that you know the value of each buffer. You will be using them from the EA.
//indi declaration

2. Then go to the announcement of these indicator variables in the EA.
// EA declaration

3. Then comes the call indicator code from the EA.
// Code
Wherever you go, there you are (Jon Kabat-Zinn)
  • #3,226
  • Jan 1, 2017 9:34pm Jan 1, 2017 9:34pm
New Year 2017 1st post?

All friends happy new year 2017!

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 508 KB
No Pain No Gain!
  • #3,227
  • Jan 2, 2017 7:29am Jan 2, 2017 7:29am
This is my first attempt to write a FAQ, please provide feedback so I can adjust.

FAQ

Where can I find the EA?
If you are a member please login, go to the top and press for the attachment button.

Or see the following links:
Staxis: http://www.forexfactory.com/showthre...82#post9356182
EA QLT RSI4Cmtf_AEe (genry’s version): http://www.forexfactory.com/showthre...63#post9315863
QLT 1.50 (Serg33): http://www.forexfactory.com/showthre...87#post9376187

Which version should I take and how does this EA works?
You can use either one of them, Staxis version has more options to adjust the settings and is more complicated.
Genry’s version is more simplified compared to Staxis’ version and uses PFE, Stoch and RSI as entry/exit points.
QLT1.50 uses the Quantum signals, but uses trade pending orders. http://www.forexfactory.com/showthre...67#post9355367

Can I just use the same settings for all EA?
You cannot use the same settings for all the EA as every Expert Advisor has its own settings and cannot be used among each other. When using the set files shared on the forum please pay attention for which EA it is.

How to use the set files?
FF Forum does not allow to post set files and therefore they are renamed to txt files. Once you downloaded the files rename them to .set files and load them in MT4.

I’m trying to adjust the settings for the Staxis EA, but I can’t read them.
Use the following file: http://www.forexfactory.com/showthre...75#post9145075

How to backtest the EA?

Will there be a MT5 version?
At the moment there is no MT5 version planned or available yet.
  • #3,228
  • Jan 2, 2017 2:52pm Jan 2, 2017 2:52pm
I'm back
Happy new year people

I've done extensive back testing of the QLT Staxis version and I believe that with the right settings it can be traded live,
but caution is required with the settings and traders need to experiment with the lot size and the distance between trades
and to determine what accumulated trade size and account draw down is acceptable to them.

Personally I'm happy with maximum lot size of 1 lot for every $5K in my account
So when we look at the back test results we have to add the lot sizes of each basket of trades
and then see if our Maximum acceptable lot size is exceeded.
Have a nice day
  • #3,229
  • Jan 2, 2017 5:14pm Jan 2, 2017 5:14pm
Happy new year billv!

That sounds very interesting, especially when the Staxis version is quite complicated to manage/handle. Do you have any backtest results which you can share?
  • #3,230
  • Jan 2, 2017 8:43pm Jan 2, 2017 8:43pm
Quoting Chau1985
Happy new year billv! That sounds very interesting, especially when the Staxis version is quite complicated to manage/handle. Do you have any backtest results which you can share?
Thank you Chau

I have performed hundreds of tests but haven't saved the results because I was only interested to see
if the EA can be traded safely using an acceptable lot size and with reasonable draw down (under 20%).

I'm attaching the set file for the AUDCAD.
This EA can be profitable as is but there is always the risk that it will be caught out in a long trending period
and then it will keep on opening trades and blow the account.

Therefore it is very important to restrict the number of trades
and I prefer to do this by changing the "minimum distance between entries".
Have a play with this setting and decide if you want to increase it.

Take care
Attached File(s)
File Type: zip EA QLT Staxis Bills AUDCAD2 settings.zip   6 KB | 321 downloads
Have a nice day
  • #3,231
  • Jan 2, 2017 11:05pm Jan 2, 2017 11:05pm
Quoting billv
{quote} Thank you Chau I have performed hundreds of tests but haven't saved the results because I was only interested to see if the EA can be traded safely using an acceptable lot size and with reasonable draw down (under 20%). I'm attaching the set file for the AUDCAD. This EA can be profitable as is but there is always the risk that it will be caught out in a long trending period and then it will keep on opening trades and blow the account. Therefore it is very important to restrict the number of trades and I prefer to do this by changing the...
Thanks for sharing the file. I am also using an AUDCAD set in demo trading but the results is not very good. Sometimes good profits and sometimes high draw downs, finding the optimum DD is key to this EA. Did you use a 5 min TF?

p.s. I also send you a private message regarding the backtests.
  • #3,232
  • Edited Jan 3, 2017 12:18am Jan 2, 2017 11:42pm | Edited Jan 3, 2017 12:18am
Hello Chau
For me this EA works best on 1 min.
The smaller time frame gives me more trades so there will be enough account growth from 1 pair.

Yes there will be times with draw down, this is part of trading but draw down is not a realized loss.
When you are trading a swinging pair, the EA will eventually get out of the draw down.

With this strategy it is VERY important to have enough margin to take the next trade.
The strategy will fail if we run out of ammunition so managing our trade size is vital to our success.

p.s Controlling the number of trades is very tricky and needs to be done with caution
because if we don't let the EA take the next trade it might not be able to close its losing positions
so we will be carrying losing positions for longer and we will possibly suffer a bigger draw down.
However, it is an essential part if we are starting with a small account size
$5K is a small starting account size for this strategy, I recommend $10K
Have a nice day
  • #3,233
  • Edited 2:18am Jan 3, 2017 1:22am | Edited 2:18am
Dear All,

Happy New Year 2017!~

After Long time testing, just share an AUDJPY_M5 set here! AUDJPY is more difficult than other pair, since JPY like a Monkey!~

AUDJPY M5 from 2015.09.01-2016.12.30

Enjoy it or use your brain to modify it as yours!~

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 83 KB


Attached File(s)
File Type: zip AUDJPY_M5.zip   6 KB | 435 downloads
No Pain No Gain!
  • #3,234
  • Jan 3, 2017 1:30am Jan 3, 2017 1:30am
Quoting johnluo
Dear All, Happy New Year 2017!~ After Long time testing, just share an AUDJPY_M5 set here! AUDJPY is more difficult than other pair, since JPY like a Money!~ AUDJPY M5 from 2015.09.01-2016.12.30 Enjoy it or use your brain to modify it as yours!~ {image} {file}
As mentioned before, great results. Which version of the EA did you use?

Staxis: http://www.forexfactory.com/showthre...82#post9356182
EA QLT RSI4Cmtf_AEe (genry’s version): http://www.forexfactory.com/showthre...63#post9315863
QLT 1.50 (Serg33): http://www.forexfactory.com/showthre...87#post9376187

I am considering to add the Sets in the FAQ as well. Do you guys think it is a good idea?
  • #3,235
  • Jan 3, 2017 1:58am Jan 3, 2017 1:58am
Quoting Chau1985
{quote} As mentioned before, great results. Which version of the EA did you use? Staxis: http://www.forexfactory.com/showthre...82#post9356182 EA QLT RSI4Cmtf_AEe (genrys version): http://www.forexfactory.com/showthre...63#post9315863 QLT 1.50 (Serg33): http://www.forexfactory.com/showthre...87#post9376187 I am considering...
Dear Chau,

Staxis one

Thanks
John
No Pain No Gain!
  • #3,236
  • Jan 3, 2017 7:58am Jan 3, 2017 7:58am
Quoting johnluo
Dear All, Happy New Year 2017!~ After Long time testing, just share an AUDJPY_M5 set here! AUDJPY is more difficult than other pair, since JPY like a Monkey!~ AUDJPY M5 from 2015.09.01-2016.12.30 Enjoy it or use your brain to modify it as yours!~ {image} {file}
Keep in mind that maximal drawdown exceeds initial deposit.
  • #3,237
  • Edited 12:57pm Jan 3, 2017 12:44pm | Edited 12:57pm
Quoting dj89
{quote} Keep in mind that maximal drawdown exceeds initial deposit.
When optimization is necessary to assign to the parameter "Test: a new grid with a fixed margin" maximum allowable DD in the deposit currency
extern double AccFreeMargin = 0.0; // Test: a new grid with a fixed margin

If in the process of optimization of this parameter is exceeded - the settings option will be rejected. The essence of this option is that when you open a new grid EA stores the value of the balance sheet and looks DD was less than the value of this parameter. If DD is larger, the settings option is discarded and value "Result OnTester" will be zero.
Wherever you go, there you are (Jon Kabat-Zinn)
  • #3,238
  • Jan 3, 2017 1:50pm Jan 3, 2017 1:50pm
Quoting Genry_05
{quote} When optimization is necessary to assign to the parameter "Test: a new grid with a fixed margin" maximum allowable DD in the deposit currency extern double AccFreeMargin = 0.0; // Test: a new grid with a fixed margin If in the process of optimization of this parameter is exceeded - the settings option will be rejected.
Thanks Genry
So what value would you put in there if you wanted to have maximum 20% DD?
Do you enter a value of 80?
Have a nice day
  • #3,239
  • Jan 3, 2017 2:07pm Jan 3, 2017 2:07pm
Quoting dj89
{quote} Keep in mind that maximal drawdown exceeds initial deposit.
I wouldn't be concerned about that because it is probably due to his small account size.

This is the problem with this strategy we need to have a larger account size
than if we were placing 1 single trade at a time.

But if he is lucky and the EA experiences a good swinging period,
then the account will grow big enough and it will withstand the larger DD which will come sooner or later.

Perhaps what he could do is start with a small account and when the account blows
then try again and again until he gets a good trading period and the account grows to a size big enough to last and to produce a regular income.
Have a nice day
  • #3,240
  • Edited 3:38pm Jan 3, 2017 3:24pm | Edited 3:38pm
Quote
But if he is lucky and the EA experiences a good swinging period, then the account will grow big enough and
it will withstand the larger DD which will come sooner or later.

Bill, we can not know when it will be a big DD. Therefore, we begin each new grid with the initial deposit.
It gives more confidence that these settings do not allow big DD.

Quoting billv
{quote} Thanks Genry So what value would you put in there if you wanted to have maximum 20% DD? Do you enter a value of 80?
This value is given in the deposit currency. If before the opening of the first order in the account was $ 500, and the parameter "Test: a new grid with a fixed margin" is equal to $ 200, then the DD more than $ 200 this option settings will be rejected. Later, when the account is $ 1,000 and the drawdown will be more than $ 200, this option setting will also be rejected.
So you check the history of a specified period with the initial deposit.
Wherever you go, there you are (Jon Kabat-Zinn)
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