QUANTUM FX EA FOREX ROBOT

The purpose of QUANTUM FX EA is to improve trading strategies by concentrating on opportunities for correlation between particular currency pairs. This is a brief explanation of the features and operation of the Quantum EA.

Fundamental to Quantum FX EA’s approach makes use of pending orders to take advantage of correlation possibilities. The three currency pairs that the EA specifically targets are AUDCAD, AUDNZD, and NZDCAD. For traders looking to limit losses, one of the most important factors in lowering drawdowns is the correlation between these pairs.

The Quantum EA needs to be attached to each of the three previously mentioned currency pairs in order to function properly. By utilizing the interdependencies between these currencies’ movements, this multi-currency strategy seeks to reduce risk and insulate against volatility.

Forex traders must comprehend how economic news affects currency movements. With its integrated news filter, the QuantumFX makes this process simpler. Because of this feature, traders don’t have to manually keep an eye on news events as the EA navigates through economic announcements. It’s crucial for traders who wish to avoid having their trading strategy impacted by unexpected changes in the market brought on by news releases.

Accurate backtesting can be difficult because of the complexity of the Quantum FX EA, particularly because of its dependence on a news filter and a multi-currency correlation method. It’s possible that conventional backtesting techniques fall short of accurately capturing the EA’s performance in active markets. As a result, testing the EA on a demo account is advised. With this method, traders can evaluate its performance without having to stake actual money.

It’s also critical to recognize the activities that the Quantum EA does not undertake. Dangerous strategies such as grid, HFT, martingale, and averaging are avoided by the EA. Although these strategies are well-liked by some traders, they greatly raise risk, particularly in erratic market conditions.

Recommendations

• Attach this EA to all three of the previously mentioned currency pairs: AUDCAD, AUDNZD, and NZDCAD. It is designed to function on these pairs. (Work with any duo.)
• A minimum 500$ account balance is required for each of the three pairs.
• Only work with M15 TimeFrames.
• This free forex EA should be run 24/5 on a VPS (Reliable and Trusted FOREX VPS – FXVM).
• low spread ECN account is also advised (Find the Perfect Broker For You Here).