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Quantum Trade is designed for automated trading on the EURGBP currency pair during key market periods, specifically during the closing of the American session and the opening of the Pacific session. The main goal of the robot is to take advantage of minor price fluctuations and volatility during these sessions to open profitable positions.
Advantages of the Robot:
• Trades on the EURGBP currency pair, known for its stability and predictable movements.
• Optimized for the closing of the American session (21:00 UTC) and the opening of the Pacific session (22:00 UTC).
• Automatically opens positions based on clear signals.
• Effective risk management system: Stop Loss and Take Profit settings for every trade.
Functionality:
1. Trading Time:
• The robot automatically activates during the closing of the American session and works during the start of the Pacific session. This allows it to exploit changes in volatility between sessions, offering unique trading opportunities.
2. Currency Pair:
• The program is optimized for EURGBP but can be adjusted for other pairs.
3. Order Opening Conditions:
• The robot analyzes market signals based on candle closing prices to identify optimal entry points.
• The program opens trades when conditions for buying or selling are met at the specified time.
4. Risk Management:
• Stop Loss and Take Profit settings ensure secure trading.
• Adjustable lot size allows users to tailor risks to their strategy.
• The ability to close all orders if a predetermined loss level is reached.
5. Ease of Use:
• Minimal setup: install the program on EURGBP with an M5 timeframe. On a live account, the program will automatically detect the UTC offset.
Note:
On a live account, the program automatically determines the UTC offset. For automatic configuration:
• Manual_determination_of_UTC_time_shift = false.
In the strategy tester, you must manually set the UTC_time_offset.
How to set up UTC_time_offset in the strategy tester:
To ensure the proper functioning of the trading robot in the strategy tester, you need to manually specify your broker’s UTC time offset:
1. Find the MT4 terminal time:
Open the MT4 terminal and locate the current time in the “Market Watch” section (Figure 1).
2. Determine the current UTC time:
Visit the website GMT to check the current UTC time.
3. Calculate the offset:
Subtract the UTC time from the MT4 terminal time. The resulting value will be the time offset, which can be either positive or negative.
4. Enter the value in the parameter:
In the robot’s settings, enter the calculated value in the parameter UTC_time_offset =. (See Figure 2).
Key robot settings parameters:
1. Manual_determination_of_UTC_time_shift
• If set to false, the program will automatically determine the UTC time offset.
2. UTC_time_offset
• Used for manual UTC offset input in cases where automatic detection is unavailable.
3. start_time
• The robot’s start working time.
4. end_time
• The robot’s end working time.
5. risk
• Risk level specified as a percentage or relative to the deposit.
6. maximum_loss
• Maximum allowable loss.
7. MA_period
• The period of the long moving average (MA).
8. ma_period
• The period of the short moving average (MA).
TakeProfit – take profit.
• StopLoss – stop loss.
• TrailingStop – trailing stop.
• Koef – lot increase coefficient.
• Distance – distance in points between orders.
How it works:
• The program starts operating at a specific time. During this time, the robot analyzes market signals and opens trades when the conditions meet the specified criteria.
• The robot uses technical indicators to assess the market and identify potentially profitable entry points.
• To maximize profits, the robot can open additional trades with different lot sizes.
• Risk management is automated: orders are accompanied by set levels of Stop Loss and Take Profit to protect capital. All trades can be closed if a certain loss level is reached.
Specifications:
• Platform: MetaTrader 4 (MQL4).
• Currency pair: any (optimized for EURGBP).
• Timeframes: any (optimized for M5).
• Recommended broker: any broker supporting MetaTrader 4 with low spreads for EURGBP.
Requirements:
• Platform: MetaTrader 4.
• Account: It is recommended to use an account with low spreads for more efficient trading.
• Server time: UTC for proper trading time configuration.
Notes:
• This robot is suitable for both experienced traders and beginners who want to automate their trading process.
• It is optimized for medium volatility conditions on the EURGBP pair.
• Once installed, the robot will work continuously during the specified period, automatically opening trades based on the given criteria.
Why choose this robot?
This robot helps traders take advantage of market fluctuations during the transition between the American and Pacific sessions. With clear risk management and simple setup, it becomes a reliable tool in your trading arsenal.