CandlesticksQuanticTrader Trading Course

#1
Hi All,
“If you want happiness for an hour, take a nap. If you want happiness for a day, go fishing. If you want happiness for a year, inherit a fortune. If you want happiness for a lifetime, help somebody.”

Saying this the purpose of this thread is to share my knowledge and give you hope on your trading journey.

So Let´s Begin...

1. Market Structure
2. Applying Fifty Trading System
3. Risk Management
4. Trading Psychology
5. Real Trading Analysis

And before asking, i´m not millionaire, i don´t own a supercar, i don´t have a 10 Million House, i don´t trade a 6/7 figures account, but in my opinion writing this thread and sharing my knowledge will help us all.

Happy and Profitable Journey to All,
Quantic Trader

Important : I trade with Range Bar Charts, not normal timeframe charts.


Re: QuanticTrader Trading Course

#2
1. Market Structure

This is a very interesting topic, and there are plenty of market "gurus" trying to complicate what is simple imho. The only thing i can see in the market is Fixation and Impulse movements, and they create the market structure until the minimum movement. For instance a Fixation - Impulse - Fixation ( let´s call it FIF from now on ) from the Yearly chart. can be reduced by FIF movements to the lowest timeframe, and this is the real structure of the market. Now you say to me "that´s bullshit" and where is the trend, where is the swings, where is the waves, etc... - that concepts are what i call the real crap they want you believe and insist, so you cannot see the most simple form of the real market structure.

Fixation is where the market pause and can be just one or several bars, Impulse like the name says, is where the market moves until it create a new Fixation area.
FIF.png
If you begin see the market with this new concept that i´m introducing i firmly believe that you will see a all new market, that was all in front of your eyes but you were completely aware and looking for the crap concepts that they want you believe and force you to see.

So after the introduction of the FIF movements you are eagerly waiting - what i can do with it ?

If i tell you that a simple 50%-57.9% measurement from the low/high in case of up FIF or High/Low in case of opposite can lead you to see the support/resistance of the most current movement and you can just trade with it - you will tell this guy is completely crazy and that don´t work, but the answer is YES it works all the time, because you are analyzing the market from it´s inner structure and so the most effective way.

I will give an example and you test for yourself ( off course there is more then this, but for now its really important you begin see the market this way, so you can get out of the box )
50.png
So to finish , and to keep it simple, this are the concepts i use to define the market structure.

Happy and Profitable Trading,
Quantic Trader

Re: QuanticTrader Trading Course

#3
2. Applying Fifty Trading System

Well after the introduction of market structure, let´s get in deep to trading itself.

First and after analyzing the market with every know bar type, i decided to stick to Range Bar Charts ( offline charts on MT4 ). This bar type give us a better perspective of the FIF movements and further analysis. The selection of range size depends on each trading style. I´m more conservative and prefer to ride the large market movements.

A trading system must have 3 concepts : Trade Activator, Trade Direction and Money Management.

Trade Activator : This is what make us to pull the "trigger" and Buy/Sell an instrument. After long searching ( and yes i was looking for the holy grail indicator like all, which till now i didn´t found and never will because there is no such thing and believe me i saw a zillion of indicators ) i decided to look for market structure only and i have an "eureka" moment. If i was looking for "help" in define the market movements, the FIF movements, the best one is the ZigZag Indicator. Well again you are going to call me crazy :lmao: because ZigZag will redraw as market develops, but that´s is not an issue because the zones are determined way advance. So our Trade Activator is found is the ZigZag Indicator.

Trade Direction : This was more difficult and required a lot of research. As you will notice later, we can define the market direction with the flow of the market and with the help of our zones, but sometimes ( in large fixation areas ) was very difficult to know if we should consider the zone a support or a resistance and act accordingly. So in order to support us in this decision, i use 1 and only 1 indicator, coded by Mladen ( Thanks for that in advance ) and is a truly gem to complete our trading system.

Money Management : As this is so important i will dedicate the next chapter to this, but the main concept is really simple. As we trade with zones, the targets and stops will be determined by them.

Fifty Trading System

Like i said before i trade with Range Bar Charts. There are plenty of indicators/EA that can create this type of offline charts for MT4 but the one i prefer, and im not making any kind of promotion or have anything related to the company is ovo . cz - Range Bar Charts No Gap ( you can google it ).

Related to the range bar values i use the following :

DOW - 25 - 30 index points per bar
SP500 - 3.5 - 5 index points per bar
NASDAQ - 20 - 25 index points per bar
STOXX50 - 3.5 - 5 index points per bar
DAX - 25- 30 index points per bar
JP225 - 75 index points per bar
Bitcoin - 500 usd per bar
XTI( Crude Oil) 30 cents per bar
XAU ( Gold ) 3.5 - 5 usd per bar
FX Pairs - 10 - 20 pips ( depends on the pair volatility - example : EURUSD 10 pips per bar )

So after you applied the indicator to create the offline chart it will look like this :
simple.png
DOW 25 index points chart

With this you already take a lot of noise out of the chart, and you can identify more clearly the FIF movements.

But to help us to see clearly the FIF movements ( or group of FIF movements ) we are going to use the ZigZag Indicator ( !!ZigZagTriad ) with the settings :
zz settings.png

And after apply our chart will look like this
zz chart.png

As you can instantly see the FIF movements are very clear and the chart is clean. When i say the chart is clean is we can see the price movements and not a bunch of indicators, that overlay each other, resulting in a confusion for our brain and thus nobody can trade effectively.

So after this we need to determine our Trade Activator and for that we will use the simple fibonacci retracement tool with the following settings :
fibo settings.png

The next step requires some screen time but after a while you are doing it mentally. You are going to see the high and lows of the ZigZag movements and you are going to draw the fibo tool from the high to the low in case of down movement and from low to the high in case of up movement.
draw fibo.png

As you can see, and this is current market situation, we can clearly and prior of the movement to determine where are the zones we expect for market to come and enter in our trades - simple and effective and most important without rules and rules and rules that only complicate our brain and freeze us when it´s time to take fast decisions without any hesitation.

Trade Direction

So we already have our Trade Activator, so now it´s time for Trade Direction. First i begin to trade only with the zones, but sometimes it get tricky and i was looking for something reliable that i can introduce to the system without create any complicated rules ( by now you can see that i like to keep things very simple). I tested several common concepts but not reliable. So i saw some comments regarding half-trend nrp ( coded by Mladen) and give it a try. And voila, the Trade Direction appear and the system gain about 20% more profitability and more important, much more clear. ( Currently is about 90% - yes it is extremely reliable, and no i never thought in sell it ).
So simple we took trades in agreement of the Trade Direction only. When we have them in disagreement we can trade both ways but ALWAYS respecting the zones. Don´t forget that this is only a tool and we don´t trade for instance when they change signal.

Half-Trend nrp settings ( we will use two one for short period and one for higher period )
lower TD.png
higher TD.png

and it will be like this on the chart
hf nrp chart.png

So after presenting both Trade Activator and Trade Direction you have a real trading edge

This is my trading view ( i present the MT4 version as i couldn´t till now get the indicators for Tradestation )
complete charts.png

Template : Trade Activator
FTS - TA.tpl
(6.96 KiB) Downloaded 32 times
Trade Direction
FTS - TD.tpl
(7.95 KiB) Downloaded 31 times

Money Management

The money management for this system is really simple. I recommend not risk more then 5% on each trade.
The zones of 50%/57.9% are our key zones, so when price reject those areas and we enter a trade we will put stop above 57.9 % level( in case of Sell ), Below 57.9% level ( in case of Buy ) PLUS Range Bar Chart Range PLUS maximum spread for the instrument - example Dow Jones Range 25 Index Points, 57.9% at 35000, Sell Trade, Stop will be at 35000 + 25(Range) + 2(Max Spread) = 35027

For better understanding i will do a video and post later.

Indicators :
!!ZigZagTriad.ex4
(14.01 KiB) Downloaded 45 times
!!ZigZagTriad.mq4
(9.68 KiB) Downloaded 47 times
half-trend nrp.ex4
(27.92 KiB) Downloaded 37 times
Magnified_Market_Price.ex4
(9.54 KiB) Downloaded 29 times
Magnified_Market_Price.mq4
(2.19 KiB) Downloaded 36 times
Spread.ex4
(11.89 KiB) Downloaded 25 times
Spread.mq4
(1.66 KiB) Downloaded 28 times
Toggle borders.ex4
(10.8 KiB) Downloaded 33 times
Toggle borders.mq4
(4.45 KiB) Downloaded 32 times


Re: QuanticTrader Trading Course

#6
quantictrader wrote:
Wed Sep 08, 2021 1:08 am
2. Applying Fifty Trading System

Well after the introduction of market structure, let´s get in deep to trading itself.

First and after analyzing the market with every know bar type, i decided to stick to Range Bar Charts ( offline charts on MT4 ). This bar type give us a better perspective of the FIF movements and further analysis. The selection of range size depends on each trading style. I´m more conservative and prefer to ride the large market movements.

A trading system must have 3 concepts : Trade Activator, Trade Direction and Money Management.

Trade Activator : This is what make us to pull the "trigger" and Buy/Sell an instrument. After long searching ( and yes i was looking for the holy grail indicator like all, which till now i didn´t found and never will because there is no such thing and believe me i saw a zillion of indicators ) i decided to look for market structure only and i have an "eureka" moment. If i was looking for "help" in define the market movements, the FIF movements, the best one is the ZigZag Indicator. Well again you are going to call me crazy :lmao: because ZigZag will redraw as market develops, but that´s is not an issue because the zones are determined way advance. So our Trade Activator is found is the ZigZag Indicator.

Trade Direction : This was more difficult and required a lot of research. As you will notice later, we can define the market direction with the flow of the market and with the help of our zones, but sometimes ( in large fixation areas ) was very difficult to know if we should consider the zone a support or a resistance and act accordingly. So in order to support us in this decision, i use 1 and only 1 indicator, coded by Mladen ( Thanks for that in advance ) and is a truly gem to complete our trading system.

Money Management : As this is so important i will dedicate the next chapter to this, but the main concept is really simple. As we trade with zones, the targets and stops will be determined by them.

Fifty Trading System

continue...
Hi, what is Mrtool indicator for Trade direction?

Re: QuanticTrader Trading Course

#8
quantictrader wrote:
Wed Sep 08, 2021 10:37 pm
Hi,

The indicator is half-trend nrp, but important here is not the indicator, is get outside the box and watch the price action at the zones.
Happy Trading,
Quantic Trader
Hi,
Please tell more about watch the price action at the zones.
Thank you.

Re: QuanticTrader Trading Course

#9
phnthnhnm wrote:
Thu Sep 09, 2021 12:45 pm
Hi,
Please tell more about watch the price action at the zones.
Thank you.
Hi,

Thank you for your reply. Yes i will post further details and also videos explaining all concepts of the system.
Happy Trading,
Quantic Trader

LikeRe: QuanticTrader Trading Course

#10
quantictrader wrote:
Wed Sep 08, 2021 1:08 am
2. Applying Fifty Trading System

Well after the introduction of market structure, let´s get in deep to trading itself.

First and after analyzing the market with every know bar type, i decided to stick to Range Bar Charts ( offline charts on MT4 ). This bar type give us a better perspective of the FIF movements and further analysis. The selection of range size depends on each trading style. I´m more conservative and prefer to ride the large market movements.

A trading system must have 3 concepts : Trade Activator, Trade Direction and Money Management.

Trade Activator : This is what make us to pull the "trigger" and Buy/Sell an instrument. After long searching ( and yes i was looking for the holy grail indicator like all, which till now i didn´t found and never will because there is no such thing and believe me i saw a zillion of indicators ) i decided to look for market structure only and i have an "eureka" moment. If i was looking for "help" in define the market movements, the FIF movements, the best one is the ZigZag Indicator. Well again you are going to call me crazy :lmao: because ZigZag will redraw as market develops, but that´s is not an issue because the zones are determined way advance. So our Trade Activator is found is the ZigZag Indicator.

Trade Direction : This was more difficult and required a lot of research. As you will notice later, we can define the market direction with the flow of the market and with the help of our zones, but sometimes ( in large fixation areas ) was very difficult to know if we should consider the zone a support or a resistance and act accordingly. So in order to support us in this decision, i use 1 and only 1 indicator, coded by Mladen ( Thanks for that in advance ) and is a truly gem to complete our trading system.

Money Management : As this is so important i will dedicate the next chapter to this, but the main concept is really simple. As we trade with zones, the targets and stops will be determined by them.

Fifty Trading System

Like i said before i trade with Range Bar Charts. There are plenty of indicators/EA that can create this type of offline charts for MT4 but the one i prefer, and im not making any kind of promotion or have anything related to the company is ovo . cz - Rnage Bar Charts No Gap ( you can google it ).

Related to the range bar values i use the following :

DOW - 25 index points per bar
SP500 - 5 index points per bar
NASDAQ - 20 index points per bar
STOXX50 - 5 index points per bar
DAX - 25 index points per bar
JP225 - 75 index points per bar
Bitcoin - 500 usd per bar
XTI( Crude Oil) 30 cents per bar
XAU ( Gold ) 5 usd per bar
FX Pairs - between 10 and 20 pips ( depends on the pair volatility - example : EURUSD 10 pips per bar )

So after you applied the indicator to create the offline chart it will look like this :

Image

DOW 25 index points chart

With this you already take a lot of noise out of the chart, and you can identify more clearly the FIF movements.

But to help us to see clearly the FIF movements ( or group of FIF movements ) we are going to use the ZigZag Indicator ( !!ZigZagTriad ) with the settings :

Image


And after apply our chart will look like this

Image


As you can instantly see the FIF movements are very clear and the chart is clean. When i say the chart is clean is we can see the price movements and not a bunch of indicators, that overlay each other, resulting in a confusion for our brain and thus nobody can trade effectively.

So after this we need to determine our Trade Activator and for that we will use the simple fibonacci retracement tool with the following settings :

Image


The next step requires some screen time but after a while you are doing it mentally. You are going to see the high and lows of the ZigZag movements and you are going to draw the fibo tool from the high to the low in case of down movement and from low to the high in case of up movement.

Image


As you can see, and this is current market situation, we can clearly and prior of the movement to determine where are the zones we expect for market to come and enter in our trades - simple and effective and most important without rules and rules and rules that only complicate our brain and freeze us when it´s time to take fast decisions without any hesitation.

Continue : For better understanding i will do a video and post later.
interesting concept! looking forward to your contribution


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