Quantum Quasar

The "Quantum Quasar" is an advanced Expert Advisor (EA) for the MetaTrader 4 platform, designed to capitalize on trading opportunities arising from price breakouts. Born from the ashes of a historic EA, this cutting-edge algorithm has undergone a complete overhaul, with its strategy thoroughly reviewed, modernized, and enhanced for today's market conditions. Leveraging a sophisticated channel strategy, Quantum Quasar aims to achieve stable profits while effectively managing risk.




Key Features:

  1. Breakout Trading:

    • Utilizes the highest and lowest price levels of a defined period to identify breakout signals.
    • Executes buy and sell orders based on breakout signals.

  2. Risk Management:

    • Automatically calculates lot size based on the specified risk percentage.
    • Includes functionality to calculate stop loss as a percentage of channel width.

  3. Operational Flexibility:

    • Allows defining the start and end times for trading operations.
    • Includes filters to avoid trading during periods of high volatility and high spread.

  4. Visualization and Reporting:

    • Displays detailed information on daily profit, maximum drawdown, and other performance metrics.
    • Shows a histogram of RSI and MACD technical indicators for visual analysis.

Input Parameters:

  • start: Start time for trading operations.
  • end: End time for trading operations.
  • period: Period for building the channel in bars.
  • SLpp: Stop loss as a percentage of channel width.
  • Lots: Default lot size (default: 0.01).
  • RiskPercentage: Risk percentage per trade (default: 0.0) in BT 1%
  • MaxSpread: Maximum allowed spread in points.

Functionality:

  1. Initialization:

    • Retrieves market information and initializes state variables.
    • Resets daily profit and loss variables at the start of each new day.

  2. Entry and Exit Strategy:

    • Calculates high and low price levels for the defined channel period.
    • Checks if the bid price exceeds channel levels to generate buy or sell signals.
    • Executes buy and sell orders based on signals, automatically calculating lot size.

  3. Position Management:

    • Closes all buy orders before opening a sell order and vice versa.
    • Applies dynamic stop loss based on channel width.

  4. Visualization:

    • Displays detailed account and performance information.
    • Shows a histogram of RSI and MACD indicators for visual analysis.
  5. Spec.
  • EUR/GBP M15 Chart.

    Purchase and Support:

    The "Quantum Quasar" is available for purchase on the MQL5 market. Buy now and benefit from an advanced Expert Advisor that can help you achieve your trading goals. We provide ongoing support and updates to ensure your EA stays cutting-edge.

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    Nadiya Mirosh
    Experts
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    Anton Zverev
    3.67 (3)
    Experts
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    Amirbehzad Eslami
    Experts
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    Vasiliy Strukov
    Experts
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    Profalgo Limited
    5 (5)
    Experts
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    Patrick Jeannot
    4.75 (4)
    Experts
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    Lachezar Krastev
    5 (2)
    Experts
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    Stanislav Tomilov
    4.68 (19)
    Experts
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    Vasiliy Strukov
    4.33 (12)
    Experts
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    Ramil Minniakhmetov
    5 (2)
    Experts
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    Lachezar Krastev
    4.39 (51)
    Experts
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    Giordan Cogotti
    5 (1)
    Experts
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    Giordan Cogotti
    4.33 (3)
    Experts
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    Giordan Cogotti
    Experts
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    Giordan Cogotti
    Experts
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    Alpha Raptor EA
    Giordan Cogotti
    Experts
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    Gold PA MT5
    Giordan Cogotti
    Experts
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    Giordan Cogotti
    Experts
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    Vanth Agentic AI EA
    Giordan Cogotti
    Experts
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