Quantum london trading ea semi-automatic trading. Quantum London indicator - features of use and description of the expert advisor of the same name
Which would consistently make a profit, and at the same time there were no losses at all. That only traders did not come up with, but not one idea has not been implemented in real life. For example, there is trading system, based on positive swaps, but the profit on it is so small that it will take an impressive capital to extract at least some income. In addition, a lot of scalping Expert Advisors have been developed that showed stable trading on a demo account, but were lost in real life. The thing is that such automated trading systems make money on short-term price impulses, but requotes and high spreads on real accounts do not allow this idea to be realized. There are also strategies based on Martingale, for example, and grid advisors that trade without fixing losses. But such trading systems have one big drawback - their trading is not subject to logic, advisors open deals chaotically, without preliminary technical analysis, which ultimately leads to a complete drain of the deposit.
However, there is a win-win Forex strategy, which is used, but we will enter on it for a reason, but using a special indicator that calculates overbought / oversold zones, which significantly increases the effective trading system. At the same time, we will stop trading half an hour before the news is released and trade only at the beginning, in order to avoid unidirectional movements leading to the drain of the deposit. Of course, there are no absolutely break-even trading systems. Sooner or later, any strategy, no matter how good it is, will cease to be profitable. This applies not only to Forex, but also to real life. So, the bank may go bankrupt, or inflation will "eat up" all your profit on the deposit. But at the same time, you can reduce the risks - do not trade during the news release, observe, have a reserve deposit at hand to restore the account in the event of a drain. In the strategy that we want to offer you, there are about 2-3 days a year in which the drain of the deposit is absolutely inevitable. On other days, subject to all recommendations, the likelihood of a drain is practically excluded. At the same time, the profitability of this trading system is about 100 - 300%, and this is not the limit. So, we present to your attention the break-even Forex strategy Quantum London.
Quantum London strategy - get profit on any price movement
Probably every trader has come across such a trading system as the "London Explosion", the essence of which was to look for price impulse at the beginning of the London trading session and follow it until the start of the American session. But for five years now, this strategy has lost its effectiveness, as market makers began to create false impulses at this time, knocking out and taking profits from private traders. Therefore, this strategy cannot be applied in its pure form. However, a modernized version of the well-known London Blast strategy, Quantum London, has recently appeared. This is a completely fresh strategy that appeared in the summer of 2015 at one of the foreign forums and immediately attracted the attention of numerous traders, including those from Russia, due to its high profitability with relatively low risks.
What is the essence of the Quantum London strategy?
The Quantum London trading system is based on the pattern that an hour before the opening of the London session, it is preceded by the Frankfurt trading session, the price movements of which are in different directions. If at the opening of Frankfurt the price momentum has a bullish trend, then during the London session you should expect the trend to change to bearish, and vice versa.
The entry is carried out according to the signals of the Quantum indicator when overbought or oversold conditions appear, and the exit occurs when the opposite signal is formed. In this case, it is used, that is, opening a buy (sell) deal when a blue (red) square appears, until all positions are closed by the opposite signal.
For each order in the grid, the following lot sizes are applied:
So, the first twelve orders will be opened with the same lot size, and starting from the 13th order, the volume will increase to 0.02 lots, from the 22nd order - 0.05 lots, and so on. For a starting volume of 0.01 lots, 10,000 currency units are required. When opening a cent account with 0.01 micro lots, you only need $ 100 of investment. We can recommend a Pro-Cent cent account from a broker, it has a small floating spread, a leverage of 1: 1000, and the maximum number of simultaneously open positions is limited to 200, which is very important, since many orders can be opened according to the Quantum London strategy. In addition, RoboForex has a software system that is additional source income.
Characteristics of the Quantum London trading system
Trading according to this strategy will be carried out on the M1 timeframe from 7:00 to 13:00 GMT. Some traders trade using this system around the clock, this is not prohibited, but the meaning of the strategy is lost, which consists in the multidirectional movement of the prices of Frankfurt and London. GBPUSD, EURUSD, EURJPY, and USDJPY are best suited, but some traders also trade AUDUSD and even EURGBP.
Trading according to the Quantum London strategy can be carried out in manual, semi-automatic or automatic mode. For manual trading, you need to install the template that you will find in the archive at the end of the review, open deals every time a square appears and close all positions when an opposite signal appears. Since there can be a lot of deals, you will need a special CloseAllTradesCurrent script that will close all orders.
There are a lot of parameters in the Quantum London EA, so we will not describe them, as this will require a separate article. In addition, in the archive at the end of the review, you will find ready-made tuning sets for each currency pair, selected as a result of a lengthy trading robot. We only note that the EA may work incorrectly if the strategy template with indicators is not installed. We also draw your attention to the fact that the parameters QDE and QDC in the advisor and on the indicator must match, otherwise the advisor will not work. So, for the GBPUSD currency pair QDC = 400, for EURUSD - 250, for EURJPY - 300 and for USDJPY - 300. If you trade simultaneously on several currency pairs oh, do not forget to specify a unique Magic Number for each Expert Advisor. There are many different modifications of the Quantum London EA, we are posting a classic modified version.
We also offer you to get acquainted with the monitoring of the accounts of the Quantum London advisor:
Despite the fact that Quantum London is a break-even Forex strategy, the following recommendations must be followed in order to maximally secure your deposit from an unexpected drain:
Observe money management - for every 0.01 lot there must be at least 10,000 units in the deposit currency (use cent accounts);
Close all trades half an hour before the news is released;
Trade only at the beginning of the London session;
Do not close losing positions ahead of time, the larger the drawdown, the more profit you can get by the end trading day;
Do not forget to withdraw profit regularly.
Free download of the Quantum London advisor
So, a win-win strategy is a myth, it doesn't exist 100% break even strategy, but you can make the trading system give the maximum profit when minimal risks... This is confirmed by the Quantum London strategy. Yes, the drain of the deposit according to this strategy is inevitable, but the profitability is so high that you can work out the initial investment several times until the moment when the loss of the deposit occurs. Try it yourself on a demo account and see for yourself, and then move on to trading on a cent account. Good luck and profitable trades!
See also overview profitable advisor.
The site published earlier on the site, you might be interested in the possibility of automatic trading according to its algorithm. If you do not know what algorithm we are talking about, but are interested in getting to know a profitable instrument with the possibility of both manual and auto trading, then first we recommend that you familiarize yourself with the material on this system.
Trading according to the Quantum London strategy is based on a grid of orders, the advantage of which in this case is that before opening a series of deals, the market is analyzed and the direction of price movement is determined. And only after receiving a price movement up or down, a grid of buy or sell orders will open, respectively. In the manual version of the strategy, the trader had to be at the computer monitor at a certain hour, when signals appear, and independently open orders and then close them. In the case of trading using automatic advisor Quantum London Trading EA, he opens and closes trades himself.
The Expert Advisor includes several indicators. Each indicator has its own purpose - recognition of initial signals, filtering signals for entry and exit. It cannot be classified as a simple Expert Advisor, since it requires thorough familiarization with all settings, as well as for different types accounts and brokers. Nevertheless, the Quantum London Trading EA has already gained popularity experienced traders due to its interesting logic of work and profitability indicators.
The features of the Quantum London Trading EA include:
- - Accuracy of entries into transactions due to the use of indicators as filters;
- - the ability to optimize settings;
- - the ability to provide for the drain of the depot in the optimization process;
- - the ability to automatically increase the volume of the starting one when increasing the deposit;
- - the possibility of both automatic and manual.
However, fully automated trading is not able to ensure the maximum efficiency of using the strategy. Of course, the advantage of using EA Quantum London is the absence of the need to monitor its work, as well as its history with the selection of the best settings. But the EA itself will not be able to respond to force majeure circumstances in the form of an exit, to get out of the drawdown.
In the case of manual trading, a trader can control such situations and close deals on time. But in order to trade masterly, you need to completely immerse yourself in the market, and constantly be in front of the monitor, which is not very convenient. Therefore, the most successful option is semi-automated trading, when the advisor is trading, but the trader is also directly involved in this process. In this case, you can control profits and close trades manually, without waiting for the appearance of reverse signals. In the process of trading, you can (and should!) Take into account the influence of important ones, the approach to important or to - and, again, independently close deals or disable the advisor.
According to the original rules of the Quantum London manual strategy, the optimal trading time is from 08:00 to 11:00 Moscow time or from 5:00 to 08:00 UTC. This period of time provides the best efficiency in relation to the time spent. However, with such a limitation, the potential profit from trading at other times will be missed.
With 24/7 trading, which is also allowed by the advisor, you can earn more. However, large drawdowns are also possible, the construction of a large number of grids, due to which the terminal may freeze, and this is not permissible for automatic trading. Therefore, you can still achieve maximum reliability of the Expert Advisor when trading from 08:00 to 11:00 Moscow time.
The Quantum London Expert Advisor is presented in many modifications, with a different set, a number of which either change from version to version, or their parameters are adjusted. On our website, you can download several versions of it and, during testing the robot and optimizing the settings, determine which option is the most successful and suitable for use with your broker and your account type.
Since the Quantum London Trading EA is a "grid", it should be understood that the risks of using it are high if the direction for opening trades is incorrectly determined. More precisely, it is worth fearing that it will not be enough to maintain open trades - therefore, for its operation, it is better to use cent accounts with a sufficient amount of funds (at least $ 100 per account) to maintain large drawdowns. Sooner or later, the market will reverse anyway, and the large grid will bring big profits right after it closes. The most suitable is 1: 1000 or 1: 2000. If the leverage is lower, then the amount of funds must be greater to open new knees.
It is worth noting that the grid of orders can be "in the market" for quite a long time, therefore it is recommended to open cent swap-free accounts for the EA to work.
When launching an advisor, pay attention to the limitations of your broker, namely:
- - maximum size lot;
- - the number of open transactions on one account;
- - the total volume of open transactions.
It is only with these limitations in mind that it is worth optimizing the Expert Advisor.
It is also important to ensure a stable connection of the terminal to the Internet, either due to the constant operation of the computer, or at the expense of.
It is also possible to reduce the possibility of risks by linking the advisor by 3-4 weakly within the framework of one account. In this case, there is practically no probability of all pairs hitting a drawdown at once.
We offer for download the two most up-to-date versions of the Quantum London Trading EA - versions v1.6.1 m07.mq4 and v1.6.1 m13.mq4. Also in the archive quantum-london.rar you will find all the indicators necessary for the advisor to work, SET files with ready-made settings for the EURJPU, EURUSD, GBPUSD and USDJPU currency pairs and a script for setting take profit with the mouse _TP Mause.mq4 (for which it - read at the end of the article):
Download quantum-london.rar (Downloads: 560)
After downloading the archive, it must be unpacked and the \ MQL4 \ folder must be copied to the data directory trading terminal MetaTrader 4 (). After restarting the platform, we install one of the advisor options (version m07 or m13) on the chart of the selected currency pair, load the ready-made settings and begin to understand how the advisor works on or in the strategy tester.
Conclusion.
And in conclusion, a few words about my own experience of using the Quantum London Trading EA. If we use the logic of work proposed in the Quantum London strategy, then the time frame for the advisor is M1.
But the Expert Advisor proved to be excellent in round-the-clock work on the M5 time frame. The only thing to watch out for when working on a 5-minute chart is the early closing of the order grid by the opposite signal of the Quantum.mq4 indicator. If the Expert Advisor has built a grid of orders, after which the price reversed and went in the right direction, the EA should be stopped, and for all orders in the grid, set a common take profit using _TP Mause.mq4. Which one - it all depends on the specific situation, but we can recommend setting take profit at the level of the first order of the grid. And the script works very simply - drag it with the mouse to the point on the chart at the level at which you want to set the take profit and the TP Mause script will set the TP grid for all orders at the required level.
In both cases (work on both M1 and M5), the value of the variables Quantum eintDepth3 for Entry and Quantum eintDepth3 for Close must be set equal to 420.
And finally: the table shows the calculation minimum deposit for the safe operation of the advisor, depending on which broker has a swap-free account.
The beginning of each trading session leads to the activity of the corresponding groups of traders, whose trading activities are focused on certain goals. Therefore, the dynamics of assets changes in accordance with these goals, and quite predictably, which makes it possible to use this property for earning. For example, the quotes of many currency pairs at the beginning of the European session often make multidirectional impulse movements, which can be identified by the indicator Quantum London, the features of which will be discussed below.
The European trading session begins with the opening of the Paris, Frankfurt and Zurich exchanges at 6.00 GMT, and an hour later the London Stock Exchange opens. During this hour, quotes usually rise or fall steadily, and with the opening of the London stock exchange, their dynamics often changes in the opposite direction. This feature is used in trading strategy based on Quantum London.
Description of the Quantum London indicator
Thus, we can conclude that this tool technical analysis belongs to the category of oscillators. Therefore, it is effective only during a sideways movement, and generates many false signals during a trend. However, it should be applied precisely during a trend (during the first hour of the European session, the quote does not move sideways, but steadily up or down), so it should be used in a special way.
How to trade the Quantum London indicator
Start search trading signals follows 1 hour before the opening of the European session (at 5.00 GMT), and ends at 8.00 GMT. The search for signals is performed on a one-minute timeframe, therefore, during these three hours, many trading signals can be received (in Fig. 2, the beginning of a trading day is indicated by a white dashed vertical, and a three-hour trading interval is limited by yellow verticals). After the closure of each signal candle, a position should be opened:
- short - if the signal is a red square;
- long - if the signal is a blue square.
As a result, a grid of deals is formed.
In fig. 2 it is clearly seen that some of the signals arise on slightly different price levels... In this case, you should not make a deal for each of them (it is best to choose a certain interval, for example, 10 points, and open a position only on a signal, the level of occurrence of which differs from the level of the previous position by more than this certain interval).
- starting from the 13th position - 2 times;
- starting from the 22nd position - 5 times;
- starting from the 30-o1 position - 13 times;
- starting from the 37th position - 34 times;
- starting from 40th position - 89 times.
Thus, the Quantum London strategy uses a modification of the Martingale method, which provides averaging of profits and losses.
All deals are closed either when the indicator generates an opposite signal, or before the opening of the American trading session, or before the publication of an important economic information, or upon reaching a profit that satisfies the trader on the totality of open positions. The easiest way to do this is with the CloseAllTradesCurrent script. .
Another way of trading is to conclude a deal immediately after the close of the signal candle with a minimum Stop Loss (its size can be taken as the length of the upper shadow of the signal candle for selling or the lower shadow of the signal candle for buying) and a fixed Take Profit that is at least twice the size of the Stop Loss. This type of scalping can be profitable even during trends (on pullback movements).
In any case, regardless of the applied trading strategy, it is necessary to select the most optimal value of the eintDepth3 input parameter of the Quantum London indicator. The higher its value, the fewer signals appear.
For example, in Fig. 3 shows the images of the same fragment of the chart with the Quantum London indicator:
- on the left eintDepth3 is 100 (40 signals);
- on the right eintDepth3 is 300 (20 signals).
The simplicity of the rules allows them to be described in the form of an algorithm, which can then be translated into the MQL 4 language. As a result, an automated trading system was created that independently analyzed the market in the required time interval and opened and closed the corresponding positions.
The advantage of using an Expert Advisor is that it can be tested on historical data (the results of two such tests are shown in Figures 4 and 5).
However, the use of auto-trading systems requires their careful configuration and mandatory constant monitoring with the readiness to apply manual control at any time (for example, deactivate the advisor before the release of important economic news). Therefore, a trader will need to spend a lot of time studying the functionality, settings and other features of the Quantum London Trading EA operation. Only after thoroughly studying everything, you can count on a stable profit.
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Today we are going to consider an Expert Advisor based on the very famous Quantum London strategy. The idea of the strategy is that a special indicator looks for overbought and oversold levels on the chart and shows points on the chart.
When red squares appear, the EA buys SELL orders.
When blue squares appear, the EA buys BUY orders.
The EA uses a grid of orders.
Orders 1-12 = 0.01 lot
Orders 13-21 = 0.02 lots
Orders 22-29 = 0.05 lots
Orders 30-36 = 0.13 lots
Orders 37-39 = 0.34 lots
Orders 40 = 0.89 lots
As you can see, there can be many orders. But this is what makes the EA profitable.
On our site you can download 2 versions of the advisor.
These are the results of the Quantum London Trading EA version v1.4.2.ex4
Testing for 2016. Timeframe M1.
Net profit 12,810 $
Testing for 2016. Timeframe M1
The differences between these versions are huge! The first version has few parameters and it works as the creator of the strategy intended. Everything is modest and nothing more. It can be seen that losses are recorded when a reverse signal is received. The new version, however, tries to bring everything to a plus and therefore is more aggressive and can merge. But the profit is 10-15 times more.
The Expert Advisor is not bad, but there are periods when it can merge. It may be missing the correct settings. You can download the advisor and try to configure it. In the kit, we also give the settings for which the testing was carried out.
V new version there are a lot of parameters that are not used by default. We have not tried turning them on. We only changed the coefficients that affect the profit and drawdown.
If you put a coefficient of 1.11, then the profit is huge, but there is a drain from the lack of a deposit.
If we set the coefficient to 1.07, then the profit is small, but the EA passes the test without losing it.
Either we increase the deposit and mow the money, or we set a small coefficient and work calmly.
Odds 1.07
Net profit +27664 $
Odds 1.11
It is very popular among many traders. This is directly related to the fact that in the process of trading, applies the regularity of the price parameter movement, regarding changes in market behavior during the Asian and London trading sessions, as well as the use of the averaging algorithm, which facilitates the withdrawal of the main positions before a profitable trade.
Used by brokers
The most suitable brokers for confident trading are brokers with cent accounts
The entire list of brokersHow the Quantum London trading EA works
The trading assistant carries out trading activities, focusing on a strategy with the same name. The process of making deals requires him to use such a technique, in which the price rollback between the Asian and London sessions is clearly manifested. From a practical point of view, it was noticed that in the London session most of the assets are directed in a completely different direction than in the Asian one. Thus, the Quantum London trading EA robot enters at the time of the London session opening, then finds the instrument values that were valid during the Asian session and, in the end, creates an order in a completely different direction.
This principle of forming deals is 80% the same. However, if this did not happen with any deal, then the advisor applies the averaging method and at the exit receives income from it.
Additional components of the script are some types of indicators that are used in order to recognize the original type of signals, filter it for entry and exit. Since the robot has a rather complex structure, a more detailed study of the settings is necessary, because optimization for different accounts is individual in nature.
- You can trade using such instruments as: USD / JPY, GBP / USD, EUR / JPY, EUR / USD and EUR / GBP;
- Optimal time frame: М1;
- Minimum starting capital: $ 10,000.
Of course it is software is able to earn a good amount of profit, but at the same time for every trader it is necessary to constantly withdraw a certain part of the income after the moment when he starts doubling the funds... If all the prescriptions are followed, the profit will be much higher than the unprofitable part.