Quantum London Trading EA V1.6.1 2
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Quantum London Trading EA V1.6.1 2. Judging by its name, it is built around the trading sessions (Asian, London, New York). The file name marks it as version 1.6.1. In the code it works with moving averages, the Stochastic oscillator and Heiken Ashi. It works with a grid of orders, can size trades from your risk and has a news filter. It has 40 settings, for example mn (default 2015), comm (default Quantum London Trading E) and QT (default 1). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 1 EA file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Expert advisor · MT4 · v1.6.1 · Free
About Quantum London Trading EA V1.6.1 2
Quantum London Trading EA V1.6.1 2 is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average, Stochastic and Heiken Ashi. It opens a grid of orders at fixed price steps, can size trades from your balance and risk percent and has a news filter. It has 40 settings, such as Mn, Comm and QT. MQL source code included.
Files in the download: Quantum London Trading EA v1.6.1.mq4.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Mn | 2015 | Magic Number |
| Comm | Quantum London Trading EA | Order Comment |
| QT | 1 | Quantum Indicator |
| Q | ----------- | If using QuantumStochasticOB_OS - |
| K | 5 | |
| D | 3 | |
| S | 3 | |
| OS | 20 | |
| OB | 80 | |
| O | ----------- | ----------- |
| Ema | 0 | Daily EMA Filter Period |
| Had | false | Weekly Heiken Ashi Filter |
| Fulltime | true | Trade 24/5 |
| Manual | false | Manually Close Trades |
| Mm | 0 | Money Management (multiply lots every $ x) |
| A | ----------- | If Trade 24/5 = false then: |
| Open1 | 07:00 | Trading Window Start Time 1 (Broker) |
| Close1 | 13:00 | Trading Window End Time 1 (Broker) |
| Max1 | 0 | Max Trades per Trading Slot 1 |
| Cyc1 | 0 | Max Cycles per Trading Slot 1 |
| Open2 | 07:00 | Trading Window Start Time 2 (Broker) |
| Close2 | 13:00 | Trading Window End Time 2 (Broker) |
| Max2 | 0 | Max Trades per Trading Slot 2 |
| Cyc2 | 0 | Max Cycles per Trading Slot 2 |
| Open3 | 07:00 | Trading Window Start Time 3 (Broker) |
| Close3 | 13:00 | Trading Window End Time 3 (Broker) |
| Max3 | 0 | Max Trades per Trading Slot 3 |
| Cyc3 | 0 | Max Cycles per Trading Slot 3 |
| Closeend | false | Close all trades at End Time |
| Wait | 0 | Wait X boxes before opening trades |
| Onlylowerhigher | false | Only open higher (sells) or lower (buys) than previous order |
| Xdist | 0 | Minimum distance between entries |
| Numcycles | 0 | Number of Daily Cycles to run |
| Stop | false | Stop after each cycle |
| Tf | 1 | Time Frame (minutes) |
| Fifo | false | Use FIFO Rule |
| Mon | true | Trade on Monday |
| Tue | true | Trade on Tuesday |
| Wed | true | Trade on Wednesday |
| Thurs | true | Trade on Thursday |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
- Test it first on a demo account or in the Strategy Tester.
Tags: Trading Sessions · Grid · Risk & Lot Size · News Trading · Moving Average · Stochastic · Heiken Ashi · MT4 Expert Advisor · MQL4 Source Code