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QuickSilver

5



"With this preset, all the potentials of QuickSilver are exploited simultaneously, EUR-GBP M15 Chart.": LinkPreset


"QuickSilverEA" is an Expert Advisor (EA) designed specifically for the forex market, tailored to work with the EURGBP currency pair during the overnight session from 22:00 to 05:00 (GMT). The software implements a sophisticated trading strategy based on advanced algorithms and key variables:

  1. Multi-Timeframe Analysis: "QuickSilverEA" conducts comprehensive analysis across multiple timeframes, incorporating variables such as moving averages, stochastic oscillators, and relative strength index (RSI) indicators. This allows for a holistic assessment of market conditions, including dominant trends, reversal patterns, and significant support/resistance levels.

  2. Custom Indicators: The software integrates custom technical indicators like the Moving Average Convergence Divergence (MACD), Relative Strength Index (RSI), and Bollinger Bands. These indicators, along with adjustable parameters such as time periods and threshold levels, determine the trading signals generated by the system.

  3. Dynamic Risk Management: "QuickSilverEA" employs dynamic risk management techniques considering variables such as account equity, maximum acceptable drawdown, and expected market volatility. Position sizes are automatically adjusted based on these variables to safeguard capital and optimize returns according to the user's risk tolerance.

  4. Multiple Scalping Strategies: Users have the flexibility to choose from four distinct scalping strategies, each configurable individually or in combination based on their preferences. These strategies are meticulously designed to capitalize on short-term price movements and exploit intraday market volatility effectively.

  5. Backtesting and Optimization: Prior to live deployment, "QuickSilver EA" undergoes rigorous backtesting using historical market data. During optimization, parameters such as indicator settings and entry/exit rules are fine-tuned to enhance system performance and adaptability to changing market conditions.

  6. Real-Time Monitoring: The software continuously monitors the forex market in real-time, analyzing variables such as current volatility, trading volumes, and emerging price patterns. This enables "QuickSilverEA" to swiftly adapt to market dynamics and identify new trading opportunities as they arise.

  7. Professional Technical Support: The development team provides expert technical support, assisting users with software setup, interpretation of backtesting results, and parameter optimization. This ensures that "QuickSilverEA" is configured and customized to meet the unique requirements of each trader.


VARIABLE SETTINGS:

  1. Trading Methods:

    • Method_1 , Method_2 , Method_3 , Method_4 : Boolean variables indicating whether to use a specific trading method (true for enabled, false for disabled).

  2. Trading Hours:

    • Hour_Start_Trade : The start hour for opening positions.
    • Hour_Stop_Trade : The end hour for opening positions.

  3. Position Sizing:

    • Lots : Lot size per trade.
    • max_lot : Maximum allowed lot size.
    • LotsOptimized : Boolean variable to enable lot size optimization.
    • LotDecimal : Number of decimals for lot size.
    • Risk : Risk level per trade.
    • MaxTrades : Maximum number of trades allowed simultaneously.

  4. Profit Targets and Stop Loss:

    • Virtual_TP : Enables virtual take profit management.
    • Fractal_SL : Enables the use of fractal-based stop loss.
    • StopLoss : Stop loss level in pips.
    • TakeProfit : Take profit level in pips.
    • slippage : Maximum allowed slippage.
    • MaxSpread : Maximum allowed spread.
    • FractalRange : Size of the fractal calculation window.
    • ATR_Level : Average True Range indicator level.
    • PriceFromFractal : Distance from fractal for order placement.

  5. Time Protection:

    • Time_Protection : Enables time protection.
    • MagicNumber1 , MagicNumber2 , MagicNumber3 , MagicNumber4 : Magic numbers to identify orders.

  6. Time Limits and Profit Targets:

    • LimitTime_X : Time limit to reach the profit target for method X.
    • pips_X : Profit target in pips for method X.

  7. Volatility Filter:

    • Volatility_Filter : Enables volatility filter.
    • sec , se2c , se3c : Volatility filter parameters.

 "QuickSilver EA" is an advanced automated trading solution for the EURGBP currency pair during the overnight session, offering users the flexibility to deploy multiple scalping strategies simultaneously or individually, alongside robust technical analysis, risk management, and professional support to optimize forex trading outcomes.


Reviews 1
Oliver Muxxller
270
Oliver Muxxller 2024.05.21 03:08 
 

This EA has an interesting strategy. I try this now on Demo and compare it with backtest results. I keep you posted.

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Experts
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Oliver Muxxller
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Oliver Muxxller 2024.05.21 03:08 
 

This EA has an interesting strategy. I try this now on Demo and compare it with backtest results. I keep you posted.

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