# Quantum Forex Trader - Quick Start Guide ## 5-Minute Setup for Beginners ### Step 1: Install Files (2 minutes) 1. **Find your MT5 data folder:** - Open MetaTrader 5 - Click: File → Open Data Folder - Navigate to: MQL5 → Experts 2. **Copy the QuantumForexTrader folder to the Experts directory:** - Copy the entire `MQL5/Experts/QuantumForexTrader/` folder - Paste into your MT5 Experts folder - Final path: `[MT5_DATA]\MQL5\Experts\QuantumForexTrader\` ### Step 2: Compile (1 minute) 1. Press **F4** in MT5 to open MetaEditor 2. In Navigator, expand **Experts** → **QuantumForexTrader** 3. Double-click **QuantumForexTrader_Scalper.mq5** to open it 4. Press **F7** to compile 5. Check bottom panel: Should show "**0 error(s), 0 warning(s)**" 6. Close MetaEditor ### Step 3: Attach to Chart (2 minutes) 1. Open **EUR/USD** chart in MT5 2. Change timeframe to **H1** (1 Hour) 3. In Navigator, expand "Expert Advisors" → "QuantumForexTrader" 4. **Drag** QuantumForexTrader_Scalper onto the chart 5. In the dialog that appears: - **Common tab**: Check "Allow Algo Trading" ✓ - **Inputs tab**: Leave everything default for now - Click **OK** ### Step 4: Verify It's Working (30 seconds) Look for these signs: - ☺ **Smiley face** in top-right corner of chart (good!) - ✗ If you see an X, click the **"Algo Trading"** button in toolbar - Check **Toolbox** → **Experts** tab for initialization messages ## Expected Log Messages When EA starts successfully, you'll see: ``` === Quantum Forex Trader Initializing === Symbol: EURUSD Timeframe: H1 Account Balance: [your balance] === Configuration === History Bars: 256 Confidence Threshold: 3.0% Risk Per Trade: 1.0% === Quantum Forex Trader Initialized Successfully === ``` ## What Happens Next? The EA will: 1. **Wait 60 seconds** between signal checks 2. **Analyze 256 bars** of price history 3. **Generate signals** when conditions are met 4. **Open trades automatically** with SL and TP **Time to first trade**: Could be 1 hour to 1 day depending on market conditions ## Recommended First Settings For **demo testing** (start here!): | Parameter | Value | Why | |-----------|-------|-----| | Symbol | EUR/USD | Most liquid, lowest spread | | Timeframe | H1 | Good balance | | Risk % | 0.5% | Very conservative | | Max Positions | 1 | Safest start | | Stop Loss | 50 pips | Reasonable for EUR/USD | | Take Profit | 100 pips | 2:1 reward ratio | ## Common Issues & Quick Fixes ### Issue: EA shows ✗ instead of ☺ **Fix**: Click "Algo Trading" button in toolbar (should turn green) ### Issue: No trades after several hours **Possible reasons**: - Market conditions don't meet criteria (normal) - Spread too wide (wait for better conditions) - Outside trading hours (check time filter settings) **Action**: Be patient! Check Experts log for "SIGNAL DETECTED" messages ### Issue: Compilation errors **Fix**: 1. Ensure ALL 5 files (.mq5 and .mqh) are in Experts folder 2. Check file extensions (not .txt) 3. Re-download files if corrupted ## Safety Checklist Before going live: - [ ] Tested on **demo** account for at least 1-2 weeks - [ ] Understand all parameter settings - [ ] Started with **conservative** settings (0.5-1% risk) - [ ] Checked Experts log shows no errors - [ ] Account balance sufficient ($500+ recommended) - [ ] Using **major pair** (EUR/USD, GBP/USD, USD/JPY) - [ ] Monitoring daily for first week ## Quick Reference: Parameter Presets ### Ultra Conservative (Recommended for beginners) ``` InpRiskPercent = 0.5 InpMaxPositions = 1 InpConfidenceThreshold = 0.05 InpMomentumThreshold = 0.15 ``` ### Conservative ``` InpRiskPercent = 1.0 InpMaxPositions = 1 InpConfidenceThreshold = 0.04 InpMomentumThreshold = 0.12 ``` ### Moderate ``` InpRiskPercent = 1.5 InpMaxPositions = 2 InpConfidenceThreshold = 0.03 InpMomentumThreshold = 0.10 ``` ### Aggressive (Not recommended for beginners!) ``` InpRiskPercent = 2.0 InpMaxPositions = 3 InpConfidenceThreshold = 0.02 InpMomentumThreshold = 0.08 ``` ## Monitoring Dashboard Check these metrics daily: | Metric | What to Look For | Action If... | |--------|------------------|--------------| | Balance | Increasing over time | Keep going! | | Equity | Close to balance | Normal | | Drawdown | < 20% | Good | | Open Positions | Within max limit | Normal | | Smiley Face | ☺ showing | EA active | ## Need More Help? 1. **Full instructions**: Read USER_MANUAL.txt 2. **Technical details**: Read QUANTUM_EA_README.md 3. **Troubleshooting**: See USER_MANUAL.txt section 9 4. **FAQ**: See USER_MANUAL.txt section 10 ## Remember ✓ **DO:** - Test on demo first - Start conservative - Monitor regularly - Keep learning ✗ **DON'T:** - Use on live without testing - Risk more than 2% per trade - Disable risk management - Panic on first loss ## Next Steps After 1-2 weeks of demo testing: 1. Review trade history 2. Check win rate (aim for >50%) 3. Verify drawdown stayed under limit 4. If satisfied, consider live with small account 5. Start with same conservative settings 6. Gradually adjust based on results --- **Questions?** Read the complete USER_MANUAL.txt file! **Ready?** Let's start trading! 🚀