High Risk - QB Pro (By QuantBar)

Gain : +321.93%
Drawdown 65.75%
Pips: 1861.4
Trades 1336
Won:
Lost:
Type: Real
Leverage: 1:400
Trading: Automated

High Risk - QB Pro Discussion

Oct 21, 2014 at 15:48
7,282 Views
183 Replies
Member Since Oct 21, 2014   62 posts
Jan 14, 2015 at 16:07
netzarada posted:
do you stilll waiting

He's going to be waiting forever. I've made it clear that I won't be making any further changes to QuantBar.
Member Since Nov 03, 2014   10 posts
Jan 14, 2015 at 16:09
My first month was up 65% and into second month already 20% and yes trades are exactly as in myfxbook.
Member Since Nov 20, 2014   54 posts
Jan 14, 2015 at 19:27
Shaun how will you handle the severe corrections in the long term trend with the QB Pro?
Member Since Jan 14, 2015   4 posts
Jan 15, 2015 at 09:02
your stats say connected in the last 55 minutes but the histiory hasnt updated to show the - 50pip trade loss

you then give an excuse about there was an error

you are deceiving the public and yet trading peoples money

i also noticed that many of your closed trades go into NEGATIVE -100, -200, even -400 pips and then close slightly positive or slighlty negative

this is not a strategy...this is ridiculous and so is your system

insane

GOODBYE!!!!!!!!!!!!

Member Since Dec 30, 2014   6 posts
Jan 15, 2015 at 13:13
happyjack posted:
your stats say connected in the last 55 minutes but the histiory hasnt updated to show the - 50pip trade loss

you then give an excuse about there was an error

you are deceiving the public and yet trading peoples money

i also noticed that many of your closed trades go into NEGATIVE -100, -200, even -400 pips and then close slightly positive or slighlty negative

this is not a strategy...this is ridiculous and so is your system

insane

GOODBYE!!!!!!!!!!!!


Unfortunately this system is going to blow up one day...but Shaun mentionned it. I also agree with you that it is not a strategy to keep losing trade -400 pips. It is definitely market timing that investor are looking for. By the way my account just blew up today with EURCHF...
"I believed I could fly"
Member Since Oct 21, 2014   62 posts
Jan 15, 2015 at 15:37
happyjack posted:
your stats say connected in the last 55 minutes but the histiory hasnt updated to show the - 50pip trade loss

you then give an excuse about there was an error

you are deceiving the public and yet trading peoples money

i also noticed that many of your closed trades go into NEGATIVE -100, -200, even -400 pips and then close slightly positive or slighlty negative

this is not a strategy...this is ridiculous and so is your system

insane

GOODBYE!!!!!!!!!!!!


My $5233.10 in realized profit says otherwise.
Member Since Nov 20, 2014   54 posts
Jan 15, 2015 at 18:46
Shaun I hope you do not abandon this system like you did with Quant Bar. Sad, really sad as I thought you were an honest broker/vendor in the forex arena. But after seeing your disgracing refusal to update Quant Bar I cannot trust you any more. I think you should return the money to all who bought Quant Bar.
Member Since Dec 30, 2014   6 posts
Jan 23, 2015 at 11:01
Hello Shaun!

I found out that you went short on USDCHF? Is this the beginning of a new trend do you think? Or you allow short and long on this pair? What is your view my friend?

Cheers!
"I believed I could fly"
Member Since Oct 21, 2014   62 posts
Jan 23, 2015 at 12:51
Correct. The long term trend on USDCHF, not surprisingly, has flipped to bearish. My USDCHF trades going forward will all be short until the long term trend flips again.
Member Since Dec 30, 2014   6 posts
Jan 23, 2015 at 17:11
Ok, so I will hedge them in an other account as I think USDCHF will be volatile in the short term as market struggle to find an equilibrium and because of negative CHF deposit rates.

Thank you for your rapid answer.
"I believed I could fly"
Member Since Nov 20, 2014   54 posts
Jan 24, 2015 at 00:46
How do you determine the long term trend direction?
Member Since Nov 21, 2010   3 posts
Jan 27, 2015 at 07:11
Shaun, i think you should disable all CHF pairs after the Black Thursday. This system took unreasonable loss.

Member Since Oct 21, 2014   62 posts
Jan 27, 2015 at 11:43
It's a high risk account. Losing is part of the system.
beerock
forex_trader_225654
Member Since Jan 10, 2015   2 posts
Jan 27, 2015 at 15:31
@QuantBar is this system profitable in specific market conditions only?
Member Since Oct 21, 2014   62 posts
Jan 27, 2015 at 16:10
It's profitable over a 6 year backtest. The market conditions have not fundamentally changed. Even if they do, the system should adapt to them.
Member Since Jan 27, 2015   5 posts
Jan 27, 2015 at 21:21
Hello,

Can you provide us with the backtest report please?
Member Since Oct 21, 2014   62 posts
Jan 27, 2015 at 21:57
Sure, it's in Seer Trading. See attached images.

Attachments:

Member Since Nov 20, 2014   54 posts
Jan 27, 2015 at 23:31
How do you determine long term trend? If the system is fundamentally strong it should work going forward. After all markets can only go up, down or sideways.
Member Since Jun 23, 2014   8 posts
Jan 28, 2015 at 15:44
Eric1704, if you haven't figured it out yet, you're clearly being ignored due to your constant whining; shut up already. He's not going to tell you how it makes trade decisions, get a clue.
Member Since Oct 21, 2014   62 posts
Jan 28, 2015 at 16:24
gnaritas posted:
Eric1704, if you haven't figured it out yet, you're clearly being ignored due to your constant whining; shut up already. He's not going to tell you how it makes trade decisions, get a clue.

😀
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