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Quantum frequency

Quantum frequency

The indicator calculates the quantum frequencies using the current market data. The quantum frequencies are used in Spectrum analysis of automated trading systems to create quantum filters for selecting signals, i.e. skipping trades that are likely to be unprofitable.


How It Works

  1. It analyses the trade results of automated trading system for each frequency (512 frequencies are used).
  2. Calculation of the frequency response to search for "profitable" and "unprofitable" frequencies.
  3. Creation of filter, that will filter the signals and block the unprofitable ones.
  4. As a result, it allows to create an automated trading system based on original with fewer losing trades.


Input Parameters

  • Depth indicator calculation - depth of history in bars for the indicator calculation.
  • Creation of global variables - select whether the quantum frequencies should be duplicated in the global variables.
  • Chords of time frames - timeframe chord.

Timeframe chord is a combination of timeframes for a selected symbol, for example: (C) chord consists of M1, M5, M15, M30, H1, H4, D1, W1 and MN1. It was used in the previous version for calculating the quantum frequency. However, it appeared that different timeframe sets (chords) should be used for different trading strategies. For example, (H) and (A) are more suitable for scalping.

The following chords are suggested:

Chords TF1 TF2 TF3 TF4 TF5 TF6 TF7 TF8 TF9
(C) M1 M5 M15 M30 H1 H4 D1 W1 MN1
(D) M1 M5 M15 M30 H1 H4 H12 D1 W1
(E) M1 M5 M15 M30 H1 H4 H8 D1 W1
(F) M1 M5 M15 M30 H1 H3 H6 H12 D1
(G) M1 M5 M15 M30 H1 H2 H4 H8 D1
(A) M1 M5 M10 M20 M30 H1 H3 H6 H12
(H) M1 M2 M3 M4 M5 M6 M10 M15 M30


Buffers:

  • 0 - Quantum frequency to BUY
  • 1 - Quantum frequency to SELL

Error messages:

  • If you see the message "Not enough data to calculate", you should download missing history or decrease the depth of calculation.

For convenience, the values of quantum frequencies are saved in global variables of the client terminal:

name=Symbol()+"_BUY";
   GlobalVariableSet(name,Q_Buy);
   name=Symbol()+"_SELL";
   GlobalVariableSet(name,Q_Sell);
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This is a visual trade panel that helps you to place and manage trades easily, avoiding human errors and enhancing your trading activity. It combines an easy to use visual interface with a sound risk and position management approach. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to use Trade easily from the chart Trade with precise risk management, hassle free Capital preservation is top priority Let profits run without your attention Enjoy risk-free
99 USD
NotifyMe for MT5
Denis Zyatkevich
Overview The Expert Advisor sends notifications to a mobile phone, via e-mail or activates an audio alarm in case any changes are detected on the trading account: opening/closing positions, changing order and position parameters, balance or leverage. Also, the Expert Advisor can inform that Equity on the trading account has dropped below a specified value or Free Margin is small compared to Margin. The Expert Advisor does not trade, it only monitors your account and orders. Launching the Exper
30 USD
Strategy Builder Lite
Jacobus Van Schoor
StratBuilder Lite is a grid-trading order management utility which runs on the MetaTrader5 platform.   This product is also available for the MT4 platform:   https://www.mql5.com/en/market/product/56154 It is strongly suggested that a virtual private server (VPS) be rented from MQL5 and that the setup on the trader’s computer be migrated to the VPS, to allow StratBuilder Lite to run 24/7. The unique StratBuilder Lite concept: A basket of trades is opened at predetermined price levels (ring-fence
340 USD
Auto Format
Gennadiy Stanilevych
This is an utility for automatic scaling of a chart and making at least 140 bars visible in it. This is necessary for a correct wave analysis according to the Bill Williams' strategy "Trading Chaos". The utility can be used on any timeframe available in МetaТrader 5. It draws a vertical line through the first bar the calculation starts from. This line allows you to see the probable starting point of the wave sequence along with a sufficient number of bars displayed in the chart. It also makes th
30 USD
Fibonacci decorator
Yutaka Okamoto
Fibonacci decorator is a unique product that decorates Fibonacci objects. This indicator can change the specific level line of a Fibonacci object. This tool caters to both beginners and advanced traders using Fibonacci objects. Advantages Supports three Fibonacci objects: Fibonacci Retracement Fibonacci expansion Fibonacci time zones Just add the mark of your choice to the description of a Fibonacci object's level Easy setting This indicator does not work well with Strategy Tester. Please down
30 USD
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Version 3.0 2013.10.14
Introduced chords - sets of timeframes used for calculating quantum frequency.
Version 2.0 2013.07.29
Improved performance significantly.