=========================================== QuantumForexTrader EA - Complete Usage Instructions =========================================== VERSION: 1.0 CREATED: 2024 BASED ON: IBM Quantum Phase Estimation Theory ARTICLE: https://www.mql5.com/en/articles/17171 TARGET WIN RATE: 60-70% =========================================== TABLE OF CONTENTS =========================================== 1. Overview 2. What's Included 3. Installation 4. Configuration 5. EA Variants 6. Quantum Features 7. Trading Strategies 8. Risk Management 9. Best Practices 10. Troubleshooting 11. Performance Monitoring =========================================== 1. OVERVIEW =========================================== The QuantumForexTrader EA combines: - Traditional V3 Multi-Strategy features (MA, RSI, BB, MACD) - Quantum Phase Estimation (QPE) algorithm - Binary price encoding (256 candles) - Quantum probability distribution analysis - Adaptive risk management based on quantum confidence - Multi-timeframe quantum analysis Key Innovation: Uses quantum-inspired algorithms to analyze market states simultaneously, providing probability distributions for future price movements. Target win rate: 60-70% based on IBM research. =========================================== 2. WHAT'S INCLUDED =========================================== EA Files: - QuantumForexTrader_Base.mq5 (Main EA - 1398 lines) - QuantumForexTrader_Scalper.mq5 (Scalper variant - 612 lines) Include Files (Helpers): - QuantumSignals.mqh - Signal generation - QuantumAnalysis.mqh - Market state analysis - BinaryEncoder.mqh - Price encoding functions - QuantumRiskManager.mqh - Risk management - PythonBridge.mqh - Optional Python integration Configuration Files: - QuantumForexTrader_Base.set - Default settings - QuantumForexTrader_Scalper.set - Scalper settings - QuantumForexTrader_Base.ini - Configuration - QuantumForexTrader_Scalper.ini - Scalper config Python Scripts (Optional): - quantum_analysis.py - Quantum calculations - quantum_visual.py - Visual analysis - run_quantum_python.bat - Auto-runner - PYTHON_COMMANDS.txt - Instructions Documentation: - USAGE_INSTRUCTIONS.txt (this file) - INSTALLATION.txt - Step-by-step setup - CONFIGURATION.txt - Parameter guide - QUANTUM_THEORY.txt - Theory explanation =========================================== 3. INSTALLATION =========================================== Quick Installation: 1. Copy entire FOREX_TRADER folder to: MT5_Terminal/MQL5/Experts/ 2. Restart MetaTrader 5 or press F4 and click "Refresh" 3. Find EA in Navigator: Experts -> FOREX_TRADER 4. Drag EA onto chart 5. Enable AutoTrading (press F7 or click AutoTrading button) Detailed installation instructions in INSTALLATION.txt =========================================== 4. CONFIGURATION =========================================== Quick Start - Use Presets: - For balanced trading: Load QuantumForexTrader_Base.set - For scalping: Load QuantumForexTrader_Scalper.set Key Parameters to Adjust: Quantum Settings: - QuantumConfidenceThreshold: 60% (decrease for more trades, increase for fewer) - QuantumWeight: 0.6 (60% quantum, 40% classical) - QuantumLookback: 256 candles (optimal for quantum efficiency) Risk Settings: - BaseRiskPercent: 1.5% (adjust based on risk tolerance) - MaxConcurrentPositions: 5 (reduce for conservative approach) - MaxDrawdownPercent: 30% (EA stops at this level) Strategy Settings: - MinSignalScore: 60 (increase for higher quality signals) - UseQuantumMTF: true (multi-timeframe quantum confirmation) Full parameter guide in CONFIGURATION.txt =========================================== 5. EA VARIANTS =========================================== A) QuantumForexTrader_Base (Recommended for Beginners) Purpose: General purpose quantum-enhanced trading Timeframes: M15, M30, H1 Holding Period: Hours to days Risk per Trade: 1.5% Max Daily Trades: 20 Features: - All 4 strategies enabled - Multi-timeframe analysis - Quantum probability matrix - Adaptive risk management - Full position management Best For: - Trend trading - Swing trading - Medium-term positions - EURUSD, GBPUSD, USDJPY B) QuantumForexTrader_Scalper (For Experienced Traders) Purpose: Fast quantum-enhanced scalping Timeframes: M1, M5 Holding Period: Minutes (max 30) Risk per Scalp: 0.5% Max Daily Scalps: 50 Features: - Fast quantum calculations - Quick entry/exit logic - Time-based exit - Tight breakeven - High activity trading only Best For: - Scalping - Quick profits - High volume trading - Major pairs with low spread =========================================== 6. QUANTUM FEATURES =========================================== Quantum Phase Estimation (QPE): - Simulates 22-qubit quantum circuit - Analyzes 256 candles of price history - Generates probability distribution for 10 future candles - Based on IBM Quantum research Binary Price Encoding: - Converts price movements to binary sequence - 1 = price increased, 0 = price decreased - Creates quantum-ready state representation - Enables pattern analysis Quantum Market State Analysis: - Calculates probability matrix - Measures quantum entropy (uncertainty) - Determines trend confidence - Identifies dominant market state Quantum Risk Management: - Adjusts position size based on quantum confidence - Adapts SL/TP based on quantum entropy - Evaluates trade quality (0-100 score) - Calculates optimal trailing stop distance Quantum Signal Generation: - Combines classical indicators with quantum probabilities - Weighted signal scoring (60% quantum + 40% classical) - Confidence threshold filtering - Direction confirmation across timeframes =========================================== 7. TRADING STRATEGIES =========================================== The EA uses 4 classical strategies enhanced with quantum analysis: 1. Moving Average Crossover - Fast MA (10) crosses Slow MA (50) - Quantum confirms trend direction - Slope and distance filters 2. RSI Reversal - Oversold/Overbought bounce - Quantum predicts reversal probability - RSI periods: 14 (Base), 9 (Scalper) 3. Bollinger Bands - Bounce from bands - Quantum analyzes mean reversion probability - Dynamic bands based on volatility 4. MACD - Signal line crossover - Quantum confirms momentum - Divergence detection Quantum Enhancement: - Each strategy generates classical score (0-30 points) - Quantum analysis adds confidence layer - Combined score determines entry - Minimum score threshold filters weak signals =========================================== 8. RISK MANAGEMENT =========================================== Multi-Layer Risk Protection: 1. Position Sizing - Quantum-adjusted lot size based on confidence - Maximum risk per trade: configurable - Portfolio risk limit: 10% default 2. Stop Loss / Take Profit - ATR-based dynamic sizing - Quantum entropy adjustment - Minimum protection levels 3. Position Management - Breakeven move at profit threshold - Partial take profit (50% default) - Quantum-enhanced trailing stop 4. Portfolio Controls - Maximum concurrent positions - Daily trade limits - Session filters - Cooldown between trades 5. Emergency Protection - Max drawdown limit (auto-halt) - Spread filter - Volatility range filter - Market state validation Quantum Risk Features: - Risk scales with confidence (high confidence = larger position) - Entropy-based stop adjustment (high uncertainty = wider stops) - Trade quality scoring prevents low-probability entries - Dynamic trailing based on quantum trend strength =========================================== 9. BEST PRACTICES =========================================== For Best Results: 1. Backtesting - Test on 6-12 months historical data - Use "Every tick" mode - Optimize on training data - Validate on out-of-sample data 2. Forward Testing - Run on demo account 2-4 weeks minimum - Monitor quantum win rate - Track confidence levels - Adjust parameters based on performance 3. Live Trading Start - Begin with minimum lot size - Use conservative settings - Monitor first 20-30 trades - Gradually increase risk if profitable 4. Parameter Optimization - QuantumConfidenceThreshold: Key parameter - Start high (65-70%) for quality - Lower (55-60%) for more trades - Monitor win rate vs threshold 5. Timeframe Selection - Base EA: M15-H1 recommended - Scalper: M1-M5 only - Higher timeframes = fewer but better trades - Lower timeframes = more trades, needs tight spread 6. Pair Selection - Major pairs recommended (EURUSD, GBPUSD, USDJPY) - Low spread essential (especially scalping) - High liquidity preferred - Avoid exotic pairs initially 7. Session Trading - London session: Best for trends - NY session: High volatility - Asian session: Range-bound (avoid for trending strategies) - Overlap periods: Highest activity =========================================== 10. TROUBLESHOOTING =========================================== EA Not Trading: - Check AutoTrading is enabled (F7) - Verify account allows automated trading - Check quantum confidence threshold not too high - Review spread filter (may be rejecting trades) - Check session filter settings - Verify daily trade limit not reached Low Win Rate (<50%): - Increase QuantumConfidenceThreshold - Enable more filters (ADX, ATR) - Reduce MaxConcurrentPositions - Check if market conditions changed - Review quantum entropy levels - Consider different timeframe Too Few Trades: - Decrease QuantumConfidenceThreshold - Lower MinSignalScore - Increase MaxSpreadPips - Extend trading sessions - Enable more strategies - Check cooldown settings Compilation Errors: - Ensure all Include files are in Include folder - Check folder structure is correct - Verify MQL5 version is up to date - Review syntax errors in log - Recompile with F7 in MetaEditor Runtime Errors: - Check indicator handles are valid - Verify sufficient bar history - Review memory usage - Check for symbol/timeframe mismatch - Examine expert log for details Python Integration Issues: - Python integration is OPTIONAL - EA works fully without Python - See PYTHON_COMMANDS.txt for setup - Check Python installation and packages - Verify file paths in configuration =========================================== 11. PERFORMANCE MONITORING =========================================== Key Metrics to Track: 1. Quantum Performance - Quantum win rate (target: 60-70%) - Average quantum confidence - Quantum vs classical signal performance - Entropy correlation with outcomes 2. Trading Performance - Overall win rate - Profit factor (target: >1.5) - Maximum drawdown - Average trade duration - Risk/reward ratio 3. Strategy Performance - Individual strategy win rates - MA, RSI, BB, MACD effectiveness - Multi-timeframe confirmation rate - Signal score distribution 4. Risk Metrics - Current portfolio exposure - Daily profit/loss - Consecutive losses - Largest losing trade - Recovery factor How to Monitor: - Check EA logs in MT5 Experts tab - Review strategy performance printout (on deinit) - Analyze trading history in MT5 - Use MT5 Strategy Tester for backtests - Export trade history to Excel for analysis Quantum-Specific Monitoring: - Log shows quantum signal generation - Confidence levels printed for each signal - Quantum state description displayed - Trend strength indicators logged - Entropy levels recorded Performance Optimization: - If win rate < 55%: Increase confidence threshold - If win rate > 75%: May decrease threshold for more trades - If high entropy often: Enable quantum filters - If low quantum score: Review lookback period - Track best performing quantum confidence range =========================================== SUPPORT AND UPDATES =========================================== GitHub Repository: https://github.com/simonokwundue-ops/Experienced-FX-Trader For issues or questions: - Check documentation files - Review troubleshooting section - Examine EA logs for error messages - Test on demo account first =========================================== DISCLAIMER =========================================== IMPORTANT: Trading forex carries substantial risk of loss. - Test thoroughly on demo accounts - Never risk more than you can afford to lose - Past performance does not guarantee future results - Quantum analysis improves probabilities but doesn't guarantee profit - Monitor performance regularly - Use appropriate risk management - Start with minimum position sizes The 60-70% win rate target is based on IBM Quantum research and backtesting. Actual results may vary based on market conditions, broker, settings, and timeframe. =========================================== LICENSE =========================================== MIT License - See repository for details Based on IBM Quantum Phase Estimation concepts Implements quantum-inspired algorithms in MQL5 Production-ready and fully standalone =========================================== VERSION HISTORY =========================================== v1.0 - Initial Release - Complete quantum integration - Base and Scalper variants - All V3 production features - Comprehensive documentation - Python integration support - Full error handling - Production-ready code ===========================================