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Instructions for installing and using Quantum Emperor MT4

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09/02/2025

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Quantum Emperor MT4 Overview

Quantum Emperor EA is a cutting-edge MQL5 expert advisor designed to revolutionize your GBPUSD trading. Developed by a team of seasoned traders with over 13 years of experience, this EA employs a unique and sophisticated strategy to maximize profits and minimize losses.

Installation Panel Details

The Quantum Emperor EA is an Expert Advisor (EA) specifically designed for GBP/USD, with smart recovery, additional trade execution, and time-based trading filters. Below is a detailed breakdown of its settings and functionalities.

1. General Information:

• Expert Advisor Name → Quantum Emperor MT4 v5.8 (13 Oct 2024)
  • This is a recent version, released on October 13, 2024.
• Description → Expert Advisor for GBP/USD
  • Designed specifically for GBP/USD, meaning it may not be optimized for other pairs.
• Link to Manual → https://www.incredible-traders.com/quantum-emperor-ea-comprehensive-manual/
  • A manual is available for detailed operational guidance.

🟢 Implications: This EA is tailored to GBP/USD, so using it on other pairs may require optimizations.

⚠️ Recommendation: If you plan to use it for other currency pairs, perform extensive backtesting first.

2. Money Management:

• Enable Auto Lot → true
  • The EA automatically calculates lot size based on risk.
• Auto Lot (Risk Level & Recommended Balance) → Medium ($1,800)
  • Suggested initial balance is $1,800 for a medium-risk profile.
• Fixed Lot (If Auto Lot is disabled) → 0.01
  • If manual lot sizing is used, trades start at 0.01 lot.
• Magic Number → 777
  • Used to track EA trades separately.
• Personalized Commentary in the Trades → QE v5.8
  • Each trade includes a custom identifier (QE v5.8).

🟢 Implications:

• The auto lot feature adjusts trade size dynamically, making it adaptive to account balance.
• The minimum lot size (0.01) ensures small trade increments.

⚠️ Recommendation: If using manual risk, adjust the Fixed Lot size based on account balance.

3. Trading Strategy & Execution Times:

• Box Hour Start → 03:00
• Box Hour End → 11:00
  • Defines a specific trading window (3 AM – 11 AM broker time).
• Close Pending Orders at → 21:30
  • All pending orders are canceled by 9:30 PM.

🟢 Implications:

• This EA limits trading to the London session, which is optimal for GBP/USD volatility.
• Pending orders are cleared before market close, preventing overnight risk.

⚠️ Recommendation: If trading on a different time zone, adjust the Box Hours accordingly.

4. Smart Recovery System:

• Enable Smart Recovery → true
  • The EA has a built-in recovery mechanism to recover losses.
• Recovery Multiplier Input → 1.3
  • Trades increase in lot size by 1.3x after losses.
• Recovery Multiplier Times → 3
  • The EA recovers losses up to 3 times before stopping.

🟢 Implications:

• This EA employs a Martingale-style recovery system but with limitations.
• The 1.3x multiplier is conservative, reducing excessive drawdowns.

⚠️ Recommendation:

• Keep Recovery Times ≤ 3 to avoid excessive risk exposure.
• If drawdowns are frequent, consider reducing multiplier.

5. Additional Trade Management:

• Enable Additional Trades → true
  • The EA allows extra positions for scaling trades.
• Close Trades in Profit at Time → true
  • The EA closes all profitable trades at a specific time.
• Time to Close Profit Trades → 10:59
  • Profitable trades are closed by 10:59 AM.

🟢 Implications: Ensures profitable trades are locked in before session volatility decreases.

⚠️ Recommendation: If trading longer trends, extend the closing time to NY session (16:00).

6. Risk Filters & Holiday Controls:

• Trade Friday → Disable
  • The EA does not trade on Fridays.
• Disable Trading on NFP Friday → true
  • No trading on Non-Farm Payroll (NFP) days, avoiding high volatility.
• Disable Trading During Holidays (Dec 15 – Jan 15) → true
  • No trades are executed between December 15 – January 15.
• Slippage → 5
  • Allows up to 5 pips slippage on execution.

🟢 Implications: Avoiding Fridays, NFP days, and holidays reduces unpredictable volatility.

⚠️ Recommendation: If comfortable with NFP trading, set Disable Trading on NFP to false.

7. Daylight Savings Time (DST) & Optional Settings

• Enable DST → true
  • The EA automatically adjusts trading times for Daylight Savings.
• Points Above Range → 1.0
• Points Below Range → 1.0
  • Determines price entry levels relative to market structure.
• Order SL Points → 2500.0
  • Trades have a 2,500-pip stop loss (possibly a buffer, not actual risk).
• Amount of Orders to Split → 6
  • Orders are divided into 6 separate trades.
• Cancel Opposite Orders → true
  • If one trade triggers, opposite pending orders are canceled.
• Cancelling Time → Cancel when pending orders are triggered
  • Ensures only active trade direction remains open.

🟢 Implications:

• Dynamic order splitting allows trade diversification.
• Canceling opposite trades ensures one-sided market exposure.

⚠️ Recommendation: Review Order SL Points (2500 pips) as it may be a soft SL rather than a real SL.

Final Summary

Suggested Optimizations

1️⃣ Lower Recovery Multiplier (1.3 → 1.2) to reduce compounding risk.
2️⃣ Review SL (2,500 pips) to confirm if it’s a real or soft SL.
3️⃣ Consider trading Fridays if market conditions allow.
4️⃣ Adjust profit close time based on your preferred trading style.

Conclusion

The Quantum Emperor MT4 is a smart trading EA optimized for GBP/USD, focusing on London session volatility with automated risk control, trade recovery, and dynamic scaling. The martingale-style recovery is limited, but traders should monitor stop-loss behavior and session timing for the best results.