Quantum Apex EA MT4 – Free Download

Quantum Apex EA: A Comprehensive Review

In the ever-evolving world of forex trading, tools that streamline and enhance the trading process have become indispensable. One such tool, Quantum Apex EA, has captured the attention of the trading community. Marketed as more than a mere algorithm, this EA (Expert Advisor) promises to accompany traders throughout their trading journey by offering robust strategies backed by years of trading expertise.

This article provides a detailed analysis of Quantum Apex EA, highlighting its key features, performance metrics, advantages, and drawbacks. This is not a recommendation to use the tool but a review to help traders make informed decisions.

Technical Specifications

Version: 1.7
Year of issue: 2024
Working pairs: US30 and DJ30 (Dow Jones)
Recommended timeframe:  M15
Minimum Deposit: $1000 
Average of account:  1:30 to 1:1000

Best Brokers List

Quantum Apex EA works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:

BROKER NAME	REGISTER	Year Founded	Headquartered	Leverage	Minimum Deposit	Regulating
	Register	2007	🇦🇺 Australia 🇨🇾 Cyprus 🇧🇸 The Bahamas 🇸🇿 Seychelles	1:1000	$200	ASIC, SCB, FSA
	Register	2008	🇨🇾 Cyprus	1:Unlimited	$10	CySEC, FCA, FSCA, FSA, BVI
	Register	2009	🇧🇿 Belize	1:2000	$10	FSC
	Register	2009	🇧🇿 Belize	1:3000	$1	IFCS
	Register	2009	🇨🇾 Cyprus 🇦🇺 Australia 🇧🇿 Belize 🇦🇪 Emirates	1:1000	$5	ASIC, CySEC , IFSC
	Register	2010	🇦🇺 Australia	1:500	$200	FCA , ASIC, DFSA
	Register	2011	🇬🇧 England	1:500	$25	CySEC
	Register	2006	🇪🇭 Ireland	1:400	$100	CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

Quantum Apex EA Settings

Key Features of Quantum Apex EA

Quantum Apex EA is built on the principles of simplicity, transparency, and effectiveness. Here are its standout features:

• Breakout System: The EA uses a breakout trading strategy designed to capitalize on price movements during market volatility.
• Optimized Algorithm: The algorithm is created by a developer with over 13 years of trading and programming experience.
• Risk Management:
  • No Martingale, Grid, or Hedging strategies.
  • Fixed Stop Loss (SL) for every trade, ensuring controlled risks.
  • Trailing Stop functionality to secure profits.
  • Maximum of 2 open positions, with an option to limit it to 1.
• News Filter: A built-in news filter helps traders avoid high-impact news events that can lead to extreme volatility.
• Customizability: Options to trade only in buy or sell directions.
• User-Friendly Interface: Simplified setup makes it accessible even to beginners.
• Compatibility: Suitable for personal trading accounts and prop firm accounts.
• Pairs and Timeframe: Optimized for US30 and DJ30 (Dow Jones) pairs on an M15 timeframe.
• Backtesting and Forward Testing: The EA claims a 99.9% similarity between backtest and live trading results, ensuring greater reliability.

Quantum Apex EA : Performance Metrics

• Growth: 56.4% since 2024, indicating consistent performance over time.
• Profit: $134.55, with an initial deposit of $220.
• Equity: $513.60, showing effective capital management.
• Maximum Drawdown: 34.4%, a moderate level of risk that might be a consideration for risk-averse traders.
• Profit Trades: 80.2%, showcasing a high win rate.
• Trading Activity: 2.6%, suggesting a cautious and selective trading approach.
• Algo Trading Dependency: 99%, meaning the EA handles almost all trades automatically.

Advantages of Quantum Apex EA

1. Transparency: Unlike many other EAs, Quantum Apex EA emphasizes realistic and natural backtests, without manipulating results to match historical data.
2. Safety Mechanisms: The absence of high-risk strategies like Martingale ensures steadier performance, even during market fluctuations.
3. User-Friendly Design: Beginners can quickly set up the EA and start trading with minimal effort.
4. Multi-Purpose: Its compatibility with both personal and prop firm accounts makes it a versatile tool for traders at different levels.
5. Low Spread Optimization: By recommending raw accounts with low spreads, it ensures better execution and profitability.

Disadvantages of Quantum Apex EA

1. Moderate Drawdown: The drawdown of 34.4% may be concerning for traders with low-risk tolerance.
2. Limited Currency Pair Focus: The EA is optimized for US30 and DJ30, which might not suit traders looking to diversify across more currency pairs.
3. Subscription Cost: At $499 per month, it may be expensive for retail traders with smaller account sizes.
4. Dependency on Low Spreads: Its reliance on low-spread accounts may limit its usability for traders using brokers with higher spreads.
5. Past Performance Caution: Despite its impressive metrics, the disclaimer emphasizes that past performance does not guarantee future success.

How to Set Up Quantum Apex EA

To ensure optimal results, follow these steps:

1. Download the EA from the MQL5 Marketplace.
2. Obtain the recommended set file from the comment section.
3. Use the Strategy Tester in MT4 or MT5.
   • Select US30 or DJ30 pair on an M15 timeframe.
   • Choose a suitable time range.
   • Use "1 Minute OHLC" or "Every Tick" testing mode.
4. Load the set file in the Input Settings tab.
5. Start the test and analyze the results.

Conclusion

Quantum Apex EA offers a robust solution for traders looking for a reliable and transparent trading assistant. With its emphasis on safety, realistic testing, and user-friendliness, it has the potential to benefit traders of all levels. However, its cost, moderate drawdown, and dependency on specific conditions are factors to consider before making a purchase.

As with any trading tool, due diligence and personal research are essential. Understanding the risks and aligning the EA's features with your trading strategy will determine its success in your portfolio.

Download Quantum Apex EA

Please try for at least a week an ICMarket demo account. Also, familiarize yourself with and understand how this free forex Tool works before using it on a live account.