Quantum Trade EA MT5

Hello sir bogdan, im already using your product for 1 month already and it was amazing, quantum trade ea with no losses for almost 1 month, did various backtest with some condition and setting and the result was awesome, i will update the result later after 2 month or 1 year and i think this bot will be a long run, i hope this peformance always be amazing since the value of this bot was awesome for me personally, cheers

The author is attentive, support and responses.

Bought Quantum trade EA yesterday. Today backtested this with last few years. The results were amazing. The drawdown was very very less. Customer support is excellent. Thank you for such a good EA

连续五天的盈利，期待继续稳定运行收益将非常棒~ 我会考虑买入无限期版本。感谢开发者

15/9/23 profitable as EA make me 100% profit +USD 26.49, 0% Loss -USD 00, can check my signal link below

08/9/23 profitable as EA make me 100% profit +USD 33.29, 0% Loss -USD 00, can check my signal link below

04/9/23 i just buy this EA, based on backtest look good.

https://www.mql5.com/en/signals/2062161

https://www.mql5.com/en/signals/2047700

I just bought it today, the backtests went great, lets see in real account, hope it do well as it does.

The author is attentive, support and responses. this EA is profitable.

Okay, in one trade (on a reasonable account) this EA paid for itself, I really don't need to say anymore...

After thoroughly testing this EA - I have to unfortunately rate this EA a 2-star. Here is why.

1) It is a fairly basic breakout/breakdown scalper with a trailing stop loss.

2) Break-out zone is drawn between a specific time and a buy-stop or a sell-stop order is placed above that zone and below that zone, respectively. Once one of the stop orders triggers, the other stop order is canceled, similar to an Order-Cancel-Order (OCO) in Tradestation. The Breakout concept is pretty easily mimicked by a 7 - 10 period Donchian channel, which is freely available in Tradingview, MQL, or is very easy to program. Buy stop/sell stops are placed at exactly 4:00 AM NY Local Time (~1H After the London Open). Don't be fooled by "sales-like" words, such as "Dynamic Breakout Zones."

3) Once in the trade, if the break-out fails, you are left holding a crappy trade with a 100 pip stop loss. One bad trade will put you in anywhere from a 1% - 4% drawdown, based on different set files provided by the author, which is insane! 2 failed breakouts, and your account is pretty much blown. I found this out by testing during December 2022 specific periods.

4) You will never catch a good move. For example on the date of this review, 8/30/2023, GBPUSD moved over 100 pips! The break-out scalper, with low-risk recommended settings caught 18 pips because the trailing stop is too tight. The EA trails the stop loss initially once it's ~ 5 pips or so in profit. Then it trails the stop-loss a fixed distance away. Most traders know that a retracement after the breakout is almost 80% certainty, so for this reason, you will never ever catch a big move. If you just wait for a retracement after a breakout, put your SL below the recent structure low, and let the trade ride, you will generally catch 5 - 10 R moves, especially on a day like today.

5) If you widen the trailing stop, the performance of this EA will get a lot worse. This is what fools most people, including me when backtesting. I was looking at the win rate, which was >93%. I didn't realize that the basic strategy is pretty much break even with some fancy trailing stops, recovery factors, and recovery trades to boost performance.

6) If you do the math, 1 bad trade will take approximately 6 good trades to fix under normal conditions. However, the EA banks on the fact that after a losing trade, the next trade has to be a winner. So, the next trade is made much bigger. How much bigger? 3X bigger to get a good recovery from one bad trade. Moreover, you have to take this 3X bigger trade 3 times to regain the loss from the one bad trade. After all, you are only catching about 18 pips or so at a time. GBPUSD has been in a great trend in 2023, so I consider this EA to be a stroke of good luck for now. If by any chance you get 2 bad trades, instead of losing 2% - 4%, now you will have lost 3% - 12% on two failed breakouts. That is pretty much an irrecoverable position in my view, especially if you are trading a funded challenge. You will probably blow your funded account.

7) With low-risk settings, returns are not very good. You are barely making 8%, if that, over the course of 6 - 8 months. That is a really mediocre strategy. It's better to trade manually. In fact, just flip a coin 1H after the London Open. If the coin lands heads, buy and put a 100 pips stop loss. Trail your stop once you are ~5 pips in profit. Do the opposite if the coin lands tails - sell and trail every 5 pips. I feel like flipping a coin is just as good a strategy as this, especially with Martingale, which is my next point.

8) THIS EA IS DEFINITELY USING MARTINGALE! When the next trade has to be bigger than the previous trade to make a strategy profitable, that is pretty much martingale. On top of that you have to make that bigger trade several times to make your losses back. That sounds like martingale + revenge trading to me. I can do that very easily myself :) Bottom line, don't be fooled by any other descriptions that lead you to believe otherwise. If you don't believe me turn the recovery factor to 1 and make the number of recovery trades to 1 and you will see the performance become flat, if not worse. In short, this EA has no "underlying" market edge, which is what everyone strives for in trading.

9) The automation of this strategy is not an added benefit. You may think, "Jee, that sounds like a great strategy, I'm glad someone automated it. The EA is worth it just for that." Truth is, you have to always be watching your account when you are in the trade, especially if you have just suffered a >100 pips loss and now your next position is 3X bigger. With every entry, you are on the edge of your seat. You know that the next trade could blow your funding challenge, funded account, or personal account. It's more stressful to trade with this EA than without it. If you have been trading for any length of time, you will know that most breakouts fail. In fact, market makers engineer breakouts specifically to catch retail traders in a position that is contrary to the actual market direction.

10) The author is defensive and in a little bit of denial about the facts associated with this strategy. He is relatively defensive when you point out the issues associated with the core concept of the strategy. To that, I say, this - PAST PERFORMANCE IS NOT A PREDICTOR OF FUTURE RETURNS!

11) 100% of all the reviews are boosted. The author is giving away his Quantum Trade Gold, which has a horrendous performance - much worse than Quantum Trade- for free with this EA. This is why most people are giving this EA 5 stars - they see this as a 2-for-1 deal. This marketing tactic, which feels unethical, is preventing honest reviews on this product. You are thinking, "If I give the product 5 stars, perhaps the author will like me, and give me another product for free." This prevents you from being honest and objective about the underlying flaws of the strategy, the EA, and the overall issues associated with automating it.

These are the main reasons why I am giving this EA a 2-star. Although I am not comfortable running this on my challenge, funded account, personal account, or any other account, that doesn't necessarily mean that the EA doesn't work for brief time periods. Everyone purchasing this EA should consider looking at trade-level data, and performance during major news events - Fed, NFP, CPI, etc. because I was not able to get a proper recommendation from the developer with respect to these major news events. During our conversation, his opinion was to keep running the EA despite the fact that during those events brokers widen spreads, halt trades, etc. to prevent catastrophic losses to their brokerage business.

I have full confidence in Bogdan's ability to take my feedback as constructive criticism and update the EA accordingly. This way, hopefully, the future versions will be much better. I promise to update my rating accordingly. I encourage Bogan to not take my review personally. I just want to make everyone aware of the hidden risks associated with the product and to ensure that no one is lulled into a false sense of security just by looking at backtests from the most recent time periods. It is my duty and responsibility as an experienced investor and trader to help the community based on the best available knowledge and experience that I have. Additionally, I urge everyone to not over-leverage solely based on the win rate of this EA. A lot of this I can say because I have done extensive backtesting on this EA, incorporating multiple time periods, multiple optimizations, etc. I hope my review is not viewed as a way to harm the product in any way. It is simply meant to highlight the risks for myself and other individuals who are applying this trading system to their hard-earned capital.

I bought this EA yesterday and made some backtests...with low risk and patience You can pass prop chall per 1,5 month.

Update: I made more backtests and this is very impresive EA.You need a patience for profits as creator wrote but profits with more risky pre-set could be incredible...I am choosing low risk, patience and long term using of EA.

Finally found a EA that produces stable solid positive results i have purchased ea's in the past off the net for hundreds that produced nothing but Losses but this EA is the best Back Test results with standard settings work well Recomended

I have just bought the EA and had some profit trades. I am excited to see how it will work for the next weeks. Additional great support from Bogdan. Just for now - amazing job, Bogdan.

This was my first EA from the king Bogdan. After yaing for a few weeks i am very impressed of the results. In the meanwhile i am using 2 other additional EAs from Bogdan. Keep up the good works boss!

Jusqu'à présent l'EA est très efficace et facile à paramétrer, son style de fonctionnement est bien pensé et j'espère que sur le long terme il me donnera de bons gains. Bogdan répond rapidement si vous avez des questions. Très satisfait de cet EA !

Did many backtests and based on the amazing results decided to buy this EA, now it is working on a real account and making the first profit!

After trying many EAs with backtest or testing on demo, one day I found Quantum Trade EA with good result backend on many parameters with solid results and always have a stop loss, a take profit. I chose to buy this. With good results and excellent support, I believe the EA will be successful in the long term.

I am enjoying Quantum Trade. It is solid with few operations, but assertive. I believe it is promising in the long term. Does not use risky strategies.

I have purchased this ea, testing is great, it looks promising expect good results will update the comment later

Purchased this EA last week so far it looks promising, support is good and helpful I would recommend this EA and Designer

there are so many Ea's out there so hard to choose because the back test results are not a 100 percent of what you get, and dont get me started about the cost of other EA's. But the back test result are what you get with Quatum Trade MT5. And with its very own message board!. also ask Bogdan any question and he will respond immediately. The results speak for themselves. just incredible!! Im very happy with my results. from only using it only a few weeks with 37 trades on a handfull of forex's it only had 2 loses far, those are crazy good reults. in my opinion you will make some serious money will this