Quantitative Athéna Scalping I recommandation.

Quantitative Athéna is a hyper-scalping Expert Advisor (EA) designed to open and close positions within the same candle.

Version 1.70 brings optimizations in execution speed, risk management, and multi-timeframe filters, while maintaining the project’s philosophy of simplicity, transparency, and performance.

The EA uses classic and proven trading indicators (RSI, EMA, MACD, ATR) to provide an approach that is accessible and understandable, even for beginner traders.

How it works

• Positions are primarily opened based on an RSI crossover above a specified threshold.

• Several technical filters (EMA, MACD, ATR, session hours, higher timeframes) are applied to confirm or reject the trade signal.

• Once the conditions are met, a fast Buy Stop order is placed, optimized for precise execution and strict risk control.

• For added safety, a limit order can be triggered after a configurable delay (in seconds or minutes).

Risk Warning and Management

QAS is not a “safe” EA: it carries high risk if improperly configured or used with excessive leverage.
Please carefully follow these recommendations:

• Never trade money you cannot afford to lose.

• Use a maximum of 1% of your capital per trade, with 0.1% recommended by default.
  (This low percentage aims to limit potential losses, especially as no stop loss is used.)

The minimum deposit depends on your broker.
For example, on MT5, if the minimum lot size is 0.01, a deposit of $1,000 allows trading 0.1 lots per position on XAUUSD.
A higher account balance allows you to further reduce the relative risk per trade.

The maximum lot size for the free version remains limited to 0.2 lots.

Averaging Recommendations

The Averaging function allows the EA to open additional positions to lower the average entry price.
While this can improve performance, it significantly increases overall risk if misused.

Key recommendations:

• Enable averaging only on a demo account before any live testing.

• Limit the number of averaged positions ( MaxAveragingPositions ) to 3 maximum.

• Keep the lot multiplier low, ideally between 1.0 and 1.2.

• Keep UseSharedTP disabled unless you fully understand the shared take profit logic.

• Monitor the maximum drawdown, as multiple open trades can lock a large portion of capital.

Averaging should not be considered a safety mechanism, but rather an advanced technique for experienced users.

Available .set Files

Three configuration files are provided for immediate use:

1. High Risk Recommended – for aggressive scalping setups. (The larger your account, the lower the risk. It is recommended to do demo tests before using it.) 

2. Mid Risk Recommended – for balanced risk and performance. (Perfect for accounts under 10k)  

3. No Averaging Option – disables averaging for lower risk exposure. (.set closest to v1.11 for the nostalgic)

Use the configuration that best fits your risk tolerance and account size.

Future Development

Quantitative Athéna is a constantly evolving project.
Community feedback is essential to fix potential execution anomalies or prolonged open trades and to improve overall stability.

Your suggestions and experience reports are highly encouraged to guide future updates.

Support and Contact

For any questions, complaints, or improvement proposals, please contact me only through official channels:

• Email

• LinkedIn

• MQL5