A demo account starting at 1K was traded from mid February to the end of August 2017.
Growth Curve
Drawdown
Trade Statistics
Monthly Gain
The above provides some basic information about the QAM Trading Strategy on a demo account.
The Good
Strike rate of 93% over 3130 trades made.
Doubled the account in the first month (start at 14 Feb 2017) +160%
Equity actually exceeded +400%
Profit Factor of 1.2
The Bad
Expectancy per trade <50c
AHPR & GHPR at 0.03
July losses ~47%
The Ugly
Maximum DD over 56%
High DD over 40% and over 50% on multiple occasions
This is only 1 demo forward test example over about a 7 month period which traded the same 7 pairs (Majors + GJ).
The central part of the Equity Curve applied a manual ECTM technique.
After this period DD crept up fast at times when it was not possible to be at the screen and 'control' episodes of DD.
PA was perhaps less than favorable.
Eventually a series of trades had to be closed out for loss (far right of chart).
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
Real accounts have also been traded with 1K start outlined to some extent in the earlier sections of this thread.
Results were far less impressive although DD was not as 'wild' as in the demo account.
The cycles of trades in the demo account were also left to run on through multiple sessions at times when PA was not favorable.
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
The plan now as before is to continue to work on a filter of sorts to better control the DD.
I strongly prefer NOT to apply any lagging indicators as filters since most have been tested by others (not all ofcourse) and proved less than satisfactory.
The QAM method is actually very enjoyable to trade and rather simple compared to other trading methods.
The Expert Advisor can open trades based on several parameters such as Open Time and Close Time and controlling the flow of trades into the market etc etc.
The journey for me at least will continue.
I welcome all other traders and coders to participate.
Note 1: The QAM Strategy is best used by traders who don't mind allocating some 'risk dollars' in an attempt to vastly multiply the gain !
Note 2: The challenge is for some trader (any trader) to drive a 1K account to 10K applying the Quantum indicator.
Masterrmind.............
Growth Curve
Drawdown
Trade Statistics
Monthly Gain
The above provides some basic information about the QAM Trading Strategy on a demo account.
The Good
Strike rate of 93% over 3130 trades made.
Doubled the account in the first month (start at 14 Feb 2017) +160%
Equity actually exceeded +400%
Profit Factor of 1.2
The Bad
Expectancy per trade <50c
AHPR & GHPR at 0.03
July losses ~47%
The Ugly
Maximum DD over 56%
High DD over 40% and over 50% on multiple occasions
This is only 1 demo forward test example over about a 7 month period which traded the same 7 pairs (Majors + GJ).
The central part of the Equity Curve applied a manual ECTM technique.
After this period DD crept up fast at times when it was not possible to be at the screen and 'control' episodes of DD.
PA was perhaps less than favorable.
Eventually a series of trades had to be closed out for loss (far right of chart).
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
Real accounts have also been traded with 1K start outlined to some extent in the earlier sections of this thread.
Results were far less impressive although DD was not as 'wild' as in the demo account.
The cycles of trades in the demo account were also left to run on through multiple sessions at times when PA was not favorable.
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
The plan now as before is to continue to work on a filter of sorts to better control the DD.
I strongly prefer NOT to apply any lagging indicators as filters since most have been tested by others (not all ofcourse) and proved less than satisfactory.
The QAM method is actually very enjoyable to trade and rather simple compared to other trading methods.
The Expert Advisor can open trades based on several parameters such as Open Time and Close Time and controlling the flow of trades into the market etc etc.
The journey for me at least will continue.
I welcome all other traders and coders to participate.
Note 1: The QAM Strategy is best used by traders who don't mind allocating some 'risk dollars' in an attempt to vastly multiply the gain !
Note 2: The challenge is for some trader (any trader) to drive a 1K account to 10K applying the Quantum indicator.
Masterrmind.............
Master your Mind then Master your Trades
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