• Overview
  • Reviews (2)
  • Comments (12)
  • What's new


Quantrade EA use a range breakdown strategy in 5M timeframe  is optimized for EURUSD, passes Montecarlo and Walkforward Tests, it proves that the EA can operate in REAL MARKET conditions.

It detects the last 300 bars range and put pending orders, when the price cross these orders with the short stoploss, the losses are minimized and with long takeprofit, benefits can run


  • Detect the last 300 bars range.
  • Use MACD and CCI Indicators
  • Use a Risk/Profit Ratio of 1:6 by default
  • Automatic Money management (Adjustable)
  • Low initial capital required (100 USD recommended)
  • Robustness test passed (Matrix Walkforward, Montecarlo)
  • High Stability 0.92% by default
  • Low Risk per trade 2%, Adjustable


  • MinimumSLPT - Minimum stoploss/takeprofit in pips
  • MaximumSLPT - Maximum stoploss/takeprofit in pips
  • UseMoneyManagement - Enable money management
  • Lots - Default lot size if no money management
  • LotsDecimals - Decimal digits of your broker
  • RiskInPercent - Max risk per trade
  • MaximumLots- Maximum allowed lots
  • ExitOnFriday - Close trades on Friday
  • ExitTimeOnFriday - Time to close trades on Friday
  • MaxSlippage - Max slippage allowed
  • CustomComment - Custom comment
  • MagicNumber - Custom magic number
  • EmailNotificationOnTrade - Send email on trade
  • DisplayInfoPanel - Display info panel

MUST run in a low spread broker (1-2 pips) with rapid order execution, those variables can significantly affect the performance of the EA, test it in a demo first.

Joycelyn Chan
2016.09.19 04:36   

99.9% backtest showed consistent results, as advertised by author. However, live forward test resulted in 50% account loss within a week of live trading using 5% risk, with around 10%+ loss per trade (despite 5% risk). This is due to buy stop and sell stop orders having heavy slippage during S/R breakouts. Slippage upon activation of sell/buy stops of around 11.0 pips on ROBOFOREX-ECN. That leaves the gap between open price and SL very wide, leading to unexpected huge losses when SL is hit. Broker only promises positive slippage on limit orders. Since Quantrade uses stop orders instead, the slippage is negative. Upon analysis, since this is might be a broker related issue, I'm leaving a review without giving any rating.

Ovidiu Caslariu
2016.07.10 20:15 

User didn't leave any comment to the rating

Version 1.2 - 2016.02.25
-Added account min balance check.

-More easily customizable stoploss and takeprofit.