Table of Contents
- What is Quantum Queen EA?
- Key Features & Strategy Logic
- Deep Dive into Live Performance
- Why Back-tests Are Limited to 2018+
- Pros vs Cons
- Safety Guidelines
- Verdict: Buy or Pass?
- Frequently Asked Questions (FAQ)
1. What is Quantum Queen EA?
This EA looks tempting—especially to beginners—but relies on a grid + martingale approach that can blow an account in one streak. Evidence of cherry-picked back-tests suggests low reliability. Handle with care.
- Marketplace: MQL5 Market
- Symbol: XAUUSD (Gold)
- Suggested Time-Frame: Not stated (most users run M1–M5)
- Price: ~USD 1,000 (occasionally discounted)
2. Key Features & Strategy Logic
- Core Method: Grid + Martingale
- Grid Step: 60–70 pips (fixed)
- Lot Scaling: Doubles gradually from the 4th order onward
- Trade Frequency: Low (a few – dozen trades per day)
- Stop-Loss: Effectively “account wipe-out = SL”
✦ Quick Notes
- Simple Grid – profitable in ranging markets.
- Martingale Risk – lots balloon while holding drawdown, equity collapses fast.
- Few Entries – fewer trades, but often late to strong trends.
3. Deep Dive into Live Performance
3-1. Why the Live Curve Looks “Great”
Grid EAs average down, so equity climbs until a one-way trend hits—then it’s lot escalation → margin level crash → margin call.
3-2. Risks Visible on the Chart
- Red lines converge = all positions closed together
- Long drawdowns throttle capital efficiency
- Gold’s volatility delivers bigger-than-expected adverse moves
4. Why Back-tests Are Limited to 2018+
- Ducks big swings pre-2018 (e.g., 1,000-pip spikes in 2013 & 2016)
- Data-snooping bias — shows only “good” periods
- Transparency issues — full-range tests back to 1999 are missing
👉 Tip: Download the demo and back-test from 2000 onward yourself.
5. Pros vs Cons
Pros
- Plug-and-play setup
- Fully automated—no manual work
- Can post strong returns in select periods
Cons (Critical)
- Very high chance of account wipe-out
- Lot ballooning triggers steep drawdowns
- Extremely vulnerable to high-volatility moves
- Equity curve beauty is an unrealized-loss disguise
- Auto-lot gets riskier as balance grows
6. Safety Guidelines
*Only if you insist on testing—still not recommended.
- Account Type: Micro / Cent
- Capital: ≥ USD 1,000
- Max Lot: 0.01–0.05 fixed (auto-lot OFF)
- Max Orders: Cap at 3–4 grids
- Trading Hours: Asia session; pause before major US news
- Regular Cash-out: Withdraw 10–20 % of profit to secure capital
7. Verdict: Buy or Pass?
If you’re not ready to lose the entire account, skip this EA.
- Grid + Martingale is destined to crash eventually
- Developer hides old data—trust is shaky
- Gold’s volatility pairs terribly with martingale
Pre-purchase Checklist
- Confident you can “hit-and-run” for short-term gains?
- Capital spread across multiple accounts?
- Ready to treat the cost as “tuition”?
If any answer is “No”, look for lower-risk EAs or invest in trading education.
8. Frequently Asked Questions (FAQ)
- Q1. Is fixed-lot mode safe?
- A. Slightly safer, but long trends can still wipe the account.
- Q2. Do I need a VPS?
- A. Yes for 24/7 operation, but profits may not outpace the cost.
- Q3. Can I trust the official back-tests?
- A. No—tests stop at 2018. Results before that are hidden and likely disastrous.