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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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Binance MT5 is a tool for Charting & Trading Bitcoin and Altcoin on Binance Spot Market from MT5 platform. Parameters Symbol = symbol name HistoryData = start time to download history data API Key = your binance api key Secret Key = your binance secret key Custom Symbol = to set manual symbol name * You should allow WebRequest from Tools menu >> Options >> Expert Advisors and add URL: https://api.binance.com/ * This tool cannot be run in the  Strategy Tester. * For automatic trading (EA) you
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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.