Today we are going to consider an Expert Advisor based on the very famous Quantum London strategy. The idea of the strategy is that a special indicator looks for overbought and oversold levels on the chart and shows points on the chart.
When red squares appear, the EA buys SELL orders.
When blue squares appear, the EA buys BUY orders.
The EA uses a grid of orders.
Orders 1-12 = 0.01 lot
Orders 13-21 = 0.02 lots
Orders 22-29 = 0.05 lots
Orders 30-36 = 0.13 lots
Orders 37-39 = 0.34 lots
Orders 40 = 0.89 lots
As you can see, there can be many orders. But this is what makes the EA profitable.
On our site you can download 2 versions of the advisor.
These are the results of the Quantum London Trading EA v1.4.2.ex4
Testing for 2016. Timeframe M1.
Net profit 12,810 $
Testing for 2016. Timeframe M1
The differences between these versions are huge! The first version has few parameters and it works as the creator of the strategy intended. Everything is modest and nothing more. It can be seen that losses are recorded when a reverse signal is received. The new version, however, tries to bring everything to a plus and therefore is more aggressive and can merge. But the profit is 10-15 times more.
The Expert Advisor is not bad, but there are times when it can merge. It may be missing the correct settings. You can download the advisor and try to configure it. In the kit, we also give the settings for which the testing was carried out.
The new version has a lot of parameters that are not used by default. We have not tried turning them on. We only changed the coefficients that affect the profit and drawdown.
If you put a coefficient of 1.11, then the profit is huge, but there is a drain from the lack of a deposit.
If we set the coefficient to 1.07, then the profit is small, but the EA passes the test without losing it.
Either we increase the deposit and mow the money, or we set a small coefficient and work calmly.
Odds 1.07
Net profit +27664 $
Odds 1.11
It is very popular among many traders. This is directly related to the fact that in the process of trading, applies the regularity of the price parameter movement, regarding changes in market behavior during the Asian and London trading sessions, as well as the use of the averaging algorithm, which facilitates the withdrawal of the main positions before a profitable trade.
Used by brokers
The most suitable brokers for confident trading are cent account brokers
The entire list of brokersHow the Quantum London trading EA works
The trading assistant carries out trading activities, focusing on a strategy with the same name. The process of making deals requires him to use such a technique, in which the price rollback between the Asian and London sessions is clearly manifested. From a practical point of view, it was noticed that in the London session most of the assets are directed in a completely different direction than in the Asian session. Thus, the Quantum London trading EA robot enters at the time of the London session opening, then finds the instrument values that were valid during the Asian session and, in the end, creates an order in a completely different direction.
This principle of forming deals is 80% the same. However, if this did not happen with any deal, then the advisor applies the averaging method and at the exit receives income from it.
Additional components of the script are some types of indicators that are used in order to recognize the original type of signals, filter it for entry and exit. Since the robot has a rather complex structure, a more detailed study of the settings is necessary, because optimization for different accounts is individual in nature.
- You can trade using such instruments as: USD / JPY, GBP / USD, EUR / JPY, EUR / USD and EUR / GBP;
- Optimal time frame: М1;
- Minimum starting capital: $ 10,000.
Of course, this software is capable of earning a good amount of profit, but at the same time, every trader it is necessary to constantly withdraw a certain part of the income after the moment when he starts doubling the funds... If all the prescriptions are followed, the profit will be much higher than the unprofitable part.
Which would consistently make a profit, and at the same time there were no losses at all. That only traders did not come up with, but not one idea has not been implemented in real life. For example, there is a trading system based on positive swaps, but the profit on it is so small that it will take significant capital to extract at least some income. In addition, a lot of scalping Expert Advisors have been developed that showed stable trading on a demo account, but were lost in real life. The point is that such automated trading systems make money on short-term price impulses, but requotes and high spreads on real accounts do not allow this idea to be realized. There are also strategies based on Martingale, for example, and grid advisors that trade without fixing losses. But such trading systems have one big drawback - their trading is not subject to logic, advisors open deals randomly, without preliminary technical analysis, which ultimately leads to a complete drain of the deposit.
However, there is a win-win Forex strategy, which is used, but we will enter on it for a reason, but using a special indicator that calculates overbought / oversold zones, which significantly increases the effective trading system. At the same time, we will stop trading half an hour before the news is released and trade only at the beginning, in order to avoid unidirectional movements leading to the drain of the deposit. Of course, there are no absolutely break-even trading systems. Sooner or later, any strategy, no matter how good it is, will cease to be profitable. This applies not only to Forex, but also to real life. So, the bank can go bankrupt, or inflation will "eat up" all your profit on the deposit. But at the same time, you can reduce the risks - do not trade during the news release, observe, have a reserve deposit at hand to restore the account in the event of a drain. In the strategy that we want to offer you, there are about 2-3 days a year in which the drain of the deposit is absolutely inevitable. On other days, subject to all recommendations, the likelihood of a drain is practically excluded. At the same time, the profitability of this trading system is about 100 - 300%, and this is not the limit. So, we present to your attention the break-even Forex strategy Quantum London.
Quantum London strategy - get profit on any price movement
Probably every trader has come across such a trading system as the "London Explosion", the essence of which was to look for price impulse at the beginning of the London trading session and follow it until the start of the American session. But for five years now, this strategy has lost its effectiveness, since market makers began to create false impulses at this time, knocking out and taking profits from private traders. Therefore, this strategy cannot be applied in its pure form. However, a modernized version of the well-known London Blast strategy, Quantum London, has recently appeared. This is a completely fresh strategy that appeared in the summer of 2015 at one of the foreign forums and immediately attracted the attention of numerous traders, including those from Russia, due to its high profitability with relatively low risks.
What is the essence of the Quantum London strategy?
The Quantum London trading system is based on a pattern that an hour before the opening of the London session, it is preceded by the Frankfurt trading session, the price movements of which are in different directions. If at the opening of Frankfurt the price momentum has a bullish trend, then during the London session you should expect the trend to change to bearish, and vice versa.
The entry is carried out according to the signals of the Quantum indicator when overbought or oversold conditions appear, and the exit occurs when the opposite signal is formed. In this case, it is used, that is, opening a buy (sell) deal when a blue (red) square appears, until all positions are closed by the opposite signal.
For each order in the grid, the following lot sizes are applied:
So, the first twelve orders will be opened with the same lot size, and starting from the 13th order, the volume will increase to 0.02 lots, from the 22nd order - 0.05 lots, and so on. For a starting volume of 0.01 lots, 10,000 currency units are required. When opening a cent account with 0.01 micro-lots, you only need $ 100 of investment. We can recommend a Pro-Cent cent account from a broker, it has a small floating spread, a leverage of 1: 1000, and the maximum number of simultaneously open positions is limited to 200, which is very important, since many orders can be opened according to the Quantum London strategy. In addition, RoboForex has a software system, which is an additional source of income.
Characteristics of the Quantum London trading system
This strategy will be traded on the M1 timeframe from 7 am to 1 pm GMT. Some traders trade using this system around the clock, this is not prohibited, but the meaning of the strategy is lost, which consists in the multidirectional movement of the prices of Frankfurt and London. GBPUSD, EURUSD, EURJPY, and USDJPY are best suited, but some traders also trade AUDUSD and even EURGBP.
Trading according to the Quantum London strategy can be carried out in manual, semi-automatic or automatic mode. For manual trading, you need to install the template that you will find in the archive at the end of the review, open deals every time a square appears and close all positions when an opposite signal appears. Since there can be a lot of deals, you will need a special CloseAllTradesCurrent script that will close all orders.
There are a lot of parameters in the Quantum London EA, so we will not describe them, as this will require a separate article. In addition, in the archive at the end of the review, you will find ready-made tuning sets for each currency pair, selected as a result of a lengthy trading robot. We only note that the EA may work incorrectly if the strategy template with indicators is not installed. We also draw your attention to the fact that the parameters QDE and QDC in the advisor and on the indicator must match, otherwise the advisor will not work. So, for the GBPUSD currency pair QDC = 400, for EURUSD - 250, for EURJPY - 300 and for USDJPY - 300. If you trade simultaneously on several currency pairs, do not forget to specify a unique Magic Number for each Expert Advisor. There are many different modifications of the Quantum London EA, we are posting a classic modified version.
We also offer you to get acquainted with the monitoring of the accounts of the Quantum London advisor:
Despite the fact that Quantum London is a break-even Forex strategy, the following recommendations must be followed in order to maximally secure your deposit from an unexpected drain:
Observe money management - for every 0.01 lot there must be at least 10,000 units in the deposit currency (use cent accounts);
Close all trades half an hour before the news is released;
Trade only at the beginning of the London session;
Do not close losing positions ahead of time, the larger the drawdown, the more profit you can get by the end of the trading day;
Do not forget to withdraw profits regularly.
Free download of the Quantum London advisor
So, a win-win strategy is a myth, there is no 100% break-even strategy, but you can make the trading system give the maximum profit with minimal risk. This is confirmed by the Quantum London strategy. Yes, the drain of the deposit according to this strategy is inevitable, but the profitability is so high that you can work out the initial investment several times until the moment when the deposit is lost. Try it yourself on a demo account and see for yourself, and then move on to trading on a cent account. Good luck and profitable trades!
See also a review of a profitable Expert Advisor.
Forex advisor Quantum 103 is an effective robot that trades using a trading grid of orders. This principle allows you to make money in any market situation, regardless of the presence or absence of a trend.
Speaking in general about the category of grid Expert Advisors, it is also worth mentioning that this category of Forex Expert Advisors does not depend on technical indicators at all and can be profitable without in-depth market analysis. Also, unlike other Expert Advisors, which need to be monitored and constantly optimized, grid Expert Advisors, including the Quantum Expert Advisor, can trade in a fully automatic mode.
But you must remember that if we are talking about a grid advisor, then for sure it uses either the price averaging method or the Martingale method. That is why there are requirements for the minimum size of the deposit when using such advisors.
This Expert Advisor has the ability to set trading grids using both limit pending orders and pending orders. This tactic allows you to cover any minimum price movement and get a profit, regardless of where the price will move.
Since this trading advisor does not depend on technical indicators, it allows using the Quantum 103 Forex advisor on any currency pair and on any timeframe. But still, for each currency pair, it is necessary to adjust the settings.
What happens when the price goes against the grid? Forex advisor Quantum 103 sets up an additional network to average losses, pulling orders following the price.
Settings
As you can see, the trader has many parameters to optimize the EA's performance. It is by adjusting these properties that you can set up the Quantum 103 advisor for trading any currency pair.
TimeCLOSE - allows you to enable the time filter. At the onset of a specific moment, the robot will automatically close all positions and stop its work.
The parameters TIME HOUR START, TIME MINUTE START, TIME HOUR STOP and TIME MINUTE STOP - allow you to set the hours and minutes of starting and stopping trading.
BuyStop count, BuyLimit count, SellStop count, SellLimit count - these properties set the number of pending orders corresponding to the name in the trading grid.
Step - sets the number of points between pending orders.
StopLoss overall - using this property you can enable the function of a general stop order; at the same time, for the Buy StopLoss and Sell StopLoss parameters, you can set the total volume of stop orders.
Lot - sets the volume of positions that are set when placing an order grid.
Tralling - allows you to enable trailing stop.
TrailingStep - sets the trailing step
TralingStart - sets the start of trailing
The results of testing the robot for one year on the EUR / USD pair:
A chart like this can impress any opponent of a grid trading strategy.
You can test this Expert Advisor yourself, but remember that in real life this Expert Advisor requires you to have a sufficient deposit to be able to trade using a grid strategy.
You can view the entire list of FREE Forex Advisors
Quantum London trading strategy on М1
A very simple and profitable trading strategy Quantum London Trading, using a grid of orders and averaging elements on the chart GBPUSD М1... The simplicity of the system is due to accuracy of inputs provided by the Quantum indicator and the trading time at which the strategy is most profitable.
The strategy is based on the price behavior at the opening of Frankfurt and the movement of the currency pair after the opening of the London session. The point is that during these 2 periods of time the rate often moves in different directions and this strategy allows you to get a high profit. And using the order grid and averaging will only add to the profit.
Trading data:
Trading principle:
1. Frankfurt opens at 6 a.m. GMT (8 a.m. terminal time) and we start to open a grid of orders, entering the market at each signal (a square on a bottom / top):
2. The grid is built in accordance with the specified parameters of the lot:
Orders 1 to 12 - 0.01
lot
Orders 12 to 21 - 0.02
lot
Orders 22 to 29 - 0.05
lot
Orders from 30 to 36 - 0.13
lot
Orders 37 to 39 - 0.34
lot
Order 40 - 0.89
lot
In this scenario, the minimum deposit should be 10000 units for lot 0.01($ 100 on cent accounts)
3. The grid closes when the appearance of a return signal, in the form of a square of a different color. Or half an hour before strong news. Everything is closed by the CloseAllTrdersCurrent script that comes in the system template.
A small example:
Usefulness
1. You can trade at other times, this has been tested, but the profitability is not as high as during the designated hours.
2. Be sure to use the economic calendar to close orders before strong news.
3. Wait return signal to close the mesh.
4. In the entire history of trading, a grid of 40 orders was formed only once. Observe MM 10000 units for a lot 0,01 ... Use only cent accounts from those recommended above. Please note that not all brokers allow opening more than 25 orders at the same time (for example, Alpari), use only verified ones.
5. Try this strategy first on a demo account to fully understand how the system works.
Get back the spread for QLT trading:
When opening a new account with Roboforex, you can receive return of spread how from broker and from me.
When trading by strategy " QLT"many orders can be opened and each extra point is an additional profit. And these points can be returned back in two ways - connect the service Rebates open a new account with a broker and / or (if you have an account in Roboforex), indicating in the field "Code of the attracted partner" my ID - " qfgw"(you can read more about it).
And in this case, from each closed grid of orders, the commission will be returned to your account.
Download Template
Installing the template - copy everything from the archive to the working terminal, reboot it, open the chart GBPUSD M1 and open the template QL.
