Tuesday, October 1, 2024

QUANTUM PIPS AI | MANUAL GUIDE – Buying and selling Techniques – 7 April 2024

Are you uninterested in buying robots that use pretend backtesting strategies and repeatedly lose your cash with methods like martingales, hedging, and averaging?

Look no additional. Our resolution will allow you to fall in love with the monetary markets once more and enhance your financial savings in knowledgeable method. 

It is pointless to make use of a whole lot of indicators for buying and selling. Our instruments present every part you want. It may be irritating to have quite a few indicators that convey the identical data. The important thing to success within the markets is simplicity, not complexity. The extra indicators used, the tougher it turns into to decide. To be worthwhile, just one indicator is important to measure the development and one to find out if the asset is overbought or oversold.

By years of research, I’ve come to grasp that the foreign exchange market is pushed by oscillations, which could be visualised as a U-shaped curve. For one instance, in Los Angeles or any main metropolis, there may be numerous visitors on the freeways within the morning, not as a lot within the afternoon, however on the finish of the day there may be numerous visitors once more. That is analogous to how monetary markets, akin to foreign exchange, function. Volatility is excessive on the opening and shutting of the markets, making these one of the best instances for day merchants to make trades. It is very important reap the benefits of traits and lengthy strikes throughout these durations.

To reap the benefits of the U-shaped liquidity motion, I’ve developed a technique that trades on the finish of the day, particularly in the course of the Asian session. The technique follows market traits utilizing indicators that regulate to present market situations. It prioritises shorter positions to seize fast development actions and cut back publicity to market fluctuations.

To earn earnings in foreign currency trading, it’s not essential to commerce numerous forex pairs. As a substitute, it’s advisable to give attention to buying and selling a number of pairs in a strategic method. This explicit technique has been designed and optimized for the GBPCAD, GBPCHF, and EURSGD pairs. Further pairs could also be added to the checklist sooner or later.

For optimum outcomes, it is strongly recommended to make use of RAW unfold accounts at ECN brokers, akin to IC Markets Uncooked, FP Markets Uncooked, Fusion Markets Uncooked, and Afterprime Uncooked. WARNING!: To attain the identical outcomes as my reside accounts, it is strongly recommended to make use of the identical dealer. Utilizing a distinct dealer could yield completely different outcomes. 

My technique doesn’t depend on growing dropping positions, however moderately on opening just one commerce at a time. It’s not essential to have a big leverage.

Trades will solely happen between 20.00 and 03.00 roughly. All trades can have a digital take revenue and cease loss, which will probably be hidden from the dealer to make sure market exits usually are not revealed. Quantum Pips AI additionally has an algorithm that prompts a particular commerce closing mechanism to keep away from extended publicity to the market when trades usually are not going within the desired path.

Backtesting: To carry out a high-quality backtest that precisely displays actual account situations, it’s important to make use of the suitable instruments. We will probably be utilizing information from Dukascopy and a backtesting program akin to Tick Information Suite, which provides 99.9% high quality (though it’s a paid service, a 14-day free trial is out there). Backtests must be carried out in a M1 timeframe (additionally, for those who do the backtest in MT5, you should observe the steps as within the image under). 

To save lots of you time, I’ve connected the backtests for MT4 and MT5. You possibly can obtain them right here.

It is strongly recommended to check the EA on a small reside account with low tons initially to turn into conversant in its performance. At current, Quantum Pips AI is simply obtainable for buy at a hard and fast worth, not for lease. Please be at liberty to contact me when you have any questions after buying the robotic.

Instruction guide (word that I like to recommend utilizing the default settings):

One Chart Setup

This feature permits buying and selling of the three default pairs on a single chart. Merely connect the EA to a single chart (e.g. GBPCAD on any timeframe). This feature helps save VPS assets and keep order in your portfolio.

Keep away from buying and selling on Friday

The EA opens trades on Friday nights and holds positions over the weekend, closing them on Monday. Though most unlikely, there have been circumstances previously the place the EA has been affected by a spot. If you happen to want to not go away trades open over the weekend, you must allow this feature. Please word that this will end in lowered potential earnings.

Keep away from buying and selling throughout christmas holidays

In the course of the Christmas holidays (15 December – 15 January), the foreign exchange market can turn into unpredictable. To keep away from surprising fluctuations, it is strongly recommended to cease buying and selling throughout this era.

Threat Administration

Concerning EA threat administration, you’ll be able to select your preliminary lot dimension.

If you happen to want to make use of an computerized lot dimension as your account capital will increase, you’ll be able to activate compound threat. This feature will increase the lot dimension per commerce based mostly in your capital. As an example, for those who set 1000, then 0.01 tons will probably be used for each $1000 in your account. In case your account stability is $10,000, then 0.10 tons will probably be used. 

It’s essential to think about threat administration to be able to obtain success in buying and selling. For shoppers who’re comfy with threat and might tolerate seasonal downturns, I recommend utilizing 0.10 tons per $1000 for 3 buying and selling pairs. For extra risk-averse shoppers, I like to recommend utilizing 0.05 tons per $1000 for 3 buying and selling pairs.

Unfold Restrict 

Sometimes, the brokers talked about above keep low spreads in the course of the Asian session, averaging round 5-10 pips. Nonetheless, it’s attainable for spreads to be increased, so an expansion filter is important to restrict trades from being opened or closed if the restrict is exceeded.

Moreover, the EA consists of an inside slippage filter to stop trades with excessive slippage from being opened.

Information Filter

Quantum Pips AI is supplied with a information filter to stop buying and selling throughout excessive volatility durations. Though I typically don’t advocate activating it, because the EA performs properly throughout these durations, you’ll be able to activate it in case you are not comfy. 

A video tutorial on how one can arrange the information filter appropriately is out there right here.

Magic Quantity

When utilizing Quantum Pips AI along side different EAs, make sure that the magic quantity you set is completely different from the opposite EAs you might be utilizing. In case you are utilizing the OneChartSetup, needless to say for those who kind 10000, the primary buying and selling pair can have the magic quantity 10000, the second buying and selling pair can have the magic quantity 10001, and the third buying and selling pair can have the magic quantity 10002.

Please be at liberty to contact me at any time.

My aim is to make sure that your expertise with me is constructive and seamless.

I want you success in your operations.


Warning: No Ensures Disclaimer.

Please remember that the foreign exchange market is topic to alter and requires good threat administration to cope with opposed situations. Previous efficiency, achievements, or outcomes usually are not indicative of future outcomes. Exterior circumstances, market situations, and different unexpected variables can considerably impression outcomes. I can’t present any assurances.

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