BitcoinQuantum

BitcoinQuantum is a free grid Expert Advisor for BTCUSD on MetaTrader 5.

It can run a buy series and a sell series at the same time. When price moves against a series, the EA adds a position at a set distance. All positions in that series share one take profit, calculated from their weighted average price.

Understand the risk first

This is a grid strategy that increases lot size as a series grows. It usually makes small gains and can occasionally take a large loss.

• A strong one-way move can build a large floating loss.
• At the take profit, a series is expected to close with a net gain before commission and swap, but its earliest positions can close at a loss.
• Positions have no individual stop loss. The loss cut below works at EA level and closes at market, so slippage or a price gap can make the final loss larger than the threshold.
• Past results do not guarantee future results. Test on a demo account first and only risk money you can afford to lose.

How the EA manages risk

• Loss cut (default 20% of balance): closes this EA's positions on the symbol, then pauses.
• Pause after a loss cut (default 24 hours): blocks new entries, including after a restart.
• Entry stop (default 20% account drawdown): blocks new entries but does not close positions.
• Margin checks: refuse a new position above 35% margin use after the trade (20% on gold).
• Adaptive modes: at 2%, 5%, 10% and 15% drawdown, or on a poor market score, the EA widens spacing, reduces lot growth and lowers the take profit.
• Hour filter (default 01:00 to 22:59 server time): limits new entries. Crypto can also trade at weekends.

Default settings

• Symbol: BTCUSD
• Initial lot: 0.01
• Lot factor: 1.015
• Maximum trades per series: 8
• Take profit: 50,000 points
• Grid distance: 30,000 points

The EA's indicators use M15 data, whichever chart timeframe you choose.

Check your broker's point size. 50,000 points equals $500 only if one point is 0.01. If your broker quotes BTCUSD differently, adjust the take profit and distance.

Requirements

• MetaTrader 5, with a hedging account for the full grid. On a netting account, the EA holds a single position in the trend direction, without a grid.
• A VPS or a computer that stays online.
• Enough capital for your settings. Size it with a demo test on your broker, because contract size and leverage vary.

Other symbols can run, but the default settings target BTCUSD and have not been validated for them.

Common questions

Why does it trade rarely? After a series closes, the EA waits one hour and needs a good market score before it opens a new one. It also checks entries every 5 minutes.

Why are two positions open at nearly the same price? They are the first buy and the first sell. Each one starts its own series.

Should I reuse my old set file? No. Files made for version 6 keep their old values, so start from the V7 defaults.