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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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The WaltSoft Fibonacci Patterns SCOUT searches for Fibonacci Patterns , also called Harmonic Patterns , and displays the results in a clear table. Clicking on a Pair-Time Frame combination will open the relevant chart and displays the pattern(s) which you then can trade manually. Unlike similar software, the WSFP SCOUT will detect Patterns in their very early stage . As soon as a patterns' C-point has formed it will detect and display this Emerging Pattern. Such an early warning is priceles
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Regua MT5
Edgar Lima Uggioni
Convenient tool for measuring the number of points between the prices directly on the chart. Displays in the measurement between points in percentage, points (financial) and time (bars ). Compatible with all graphical timeframes. When fixed on the chart is displayed in all timeframes. Press Ctrl, click the first point, move the mouse and will now display the measurement. Click again and fix. Very fast tool that does not occupy much space. Developed for the Brazilian market (BM & F). Input Para
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Tick chart generator
Artur Zas
A utility used to create custom Tick charts and provide real-time updates. This is an MT4 "offline" chart equivalent which is very simple to use. You can attach any MT5 compatible indicator or template to the tick chart and perform your technical analysis. Tick charts measure the number of transactions per bar. You can choose any number of ticks per bar but most traders choose Fibonacci numbers (1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233...). The generator uses tick data to plot the historical
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Trade Copier Global MT5
Laszlo Tormasi
This Copier allows you to copy trades between Metatrader terminals even when they are installed on separate computers.  Having both MT4 and MT5 versions of the Copier makes it possible to send trades from MT4 to MT5 and vice versa. Demo version:  https://www.mql5.com/en/market/product/39290 MT4 version:  https://www.mql5.com/en/market/product/19928 Only Hedging Accounts are supported! Netting Accounts are not! Features Fast execution (~1 sec,  depending on location/broker) Automatic symbol pre
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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.