EA QLT (Quantum)

[DaVinciFX Group]

EA name: QLT (Quantum)
Terminal: MT4
Products webpage: TradeLikeAPro
Trading time: Around the clock
Description: The Expert Advisor is based on the Quantum indicator. They use their own methods for filtering signals and placing orders. The buy/sell grids are independent of each other.
The purpose of the methods used is to reduce the drawdown and not build large grids.
How the advisor works:
When a signal from Quantuma appears, the countdown begins. If there was no reset of the counter and the required number of signals was missed (all in accordance with the settings), then the coefficient is taken or calculated. multiplying the lot and a market order is opened. When new signals appear, pending orders are placed. If the price of the new deposit is better than that of the existing ones, then they are closed. A new order is placed taking into account the volume of those that did not work.

 

[DaVinciFX Group]

Dear friends, I will tell you a little theory and the meaning of what we are doing these posts with advisers.
All of us, in addition to developing ourselves and writing trading algorithms, are always in search of something new and interesting. And often, it happens that we find interesting developments on other forums and sites, but to fully explore the approach used in the found algorithm, we can only work together in a team of like-minded people. And it happens that among the dump of trading code, there are nuggets that deserve attention.