AI boosted Quasimodo

QM Scalper AI is a fully automated Expert Advisor for MetaTrader 5 based on market structure and Quasimodo (QM) reversal patterns.
The system scans symbols automatically, detects structural shifts on a higher timeframe, and executes controlled entries with predefined risk management rules.

The Expert Advisor does not use traditional oscillators or lagging indicators. All trading decisions are derived from price swings and break-of-structure logic.

How to Use

Drag and drop it on a chart window. Make sure all symbols are added in the market watchlist. It will automatically analyze all symbols added in market watch and come up with the best setup.

Trading Logic

The strategy follows a structured multi-timeframe workflow.

1. Higher timeframe analysis
   The EA scans the selected Analysis Timeframe (default D1) to detect:

• Confirmed swing highs and swing lows

• Break of previous structure

• Formation of a Quasimodo reversal pattern

2. Entry logic
   When a valid structure is detected:

• The Left Shoulder level is calculated

• Entry is triggered on the selected Entry Timeframe (default H1)

• A market or limit order is placed depending on price position

3. Risk and reward calculation
   Stop Loss and Take Profit are calculated automatically.
   The Take Profit is derived from the configured Risk-Reward ratio.

Symbol Scanning

If enabled, the EA scans all symbols available in Market Watch every 60 seconds.
Only symbols with valid structural setups are considered for execution.

The built-in dashboard displays:

• Current scan status

• Detected setups

• Position management information

• Last scan time

Risk Management

Two position sizing methods are available.

Risk Percentage Model
Lot size is calculated using:

• Account balance

• RiskPercent value

• Stop Loss distance

Equity Step Model
Lot size increases proportionally with equity growth.
Example: 0.01 lot per specified equity step.

Both methods normalize volume according to broker limits.

Trailing Stop

An optional trailing stop system is included.
Once price moves in favor of the position by the defined distance, Stop Loss is adjusted gradually using TrailStopPoints and TrailStepPoints.

Main Advantages

• Pure price structure approach

• Multi-timeframe logic

• Automatic symbol scanning

• Built-in position management

• Configurable risk control

• Compatible with Forex, indices, metals and crypto (broker dependent)

Input Parameters

Strategy Settings
AnalysisTimeframe – Higher timeframe used for structural detection
EntryTimeframe – Lower timeframe used for entry logic
UseMarketWatch – Enables scanning of all symbols in Market Watch

Risk Management
RiskPercent – Percentage of account balance risked per trade (used when Equity Step is disabled)
RiskRewardRatio – Target reward multiplier relative to risk
StopLossBuffer – Additional Stop Loss buffer in points
UseEquityStepSizing – Enables equity-based lot sizing
EquityStep – Equity amount required for lot increase
LotsPerStep – Lot increment per equity step

Pattern Settings
SwingLength – Number of candles used to confirm swing highs and lows
EntryThreshold – Distance in points to consider price near the entry level

Trailing Stop
UseTrailing – Enables trailing stop
TrailStopPoints – Distance in points before trailing activates
TrailStepPoints – Minimum step for trailing adjustment

Recommended Usage

Use on a VPS for continuous operation.
Test on a demo account before using on a live account.
Adjust risk settings according to account size and broker conditions.

Important Information

This Expert Advisor is based on structural price behavior. Market conditions, spreads, execution quality and broker specifications affect results. No trading system can guarantee profit.

Product support is provided via the MQL5.com messaging system and the product comments section.