Quantum Queen EA Review 2024

Quantum Queen EA Introduction

The Quantum Queen EA is a sophisticated trading tool specifically designed for trading the XAUUSD (gold) pair. Developed by Bogdan Ion Puscasu, the CEO of Incredible Traders, Romania, this Expert Advisor (EA) is priced at $599.99 USD. Bogdan Ion Puscasu is renowned for his successful EAs, including Quantum Emperor EA, Quantum Gold Emperor, and Quantum StarMan.

Quantum Queen EA Features

• Grid Trading Strategy: Utilizes a grid trading approach to maximize trading potential.
• Versatility: Capable of trading on any timeframe, from 1-minute charts to daily charts.
• Plug-and-Play Functionality: Easy to install and configure with minimal effort.
• Risk Management: Effectively manages risk while executing trades.
• 15 Years of Trading Experience: Designed with extensive market knowledge and expertise.
• Minimal Setup Required: Simply attach to the XAUUSD chart and configure risk preferences.
• Recommended Broker: Any broker with a low spread, ideally IC Markets.
• Initial Deposit: Minimum $500 with 1:500 leverage, recommended $1000.
• Account Type: Hedging.
• VPS Requirement: Requires a VPS for 24/7 operation.

Quantum Queen EA Backtest & Trading Results

Backtest Results (2018-2024)

• Net Profit: USD 21,299,961.08
• Initial Deposit: USD 10,000.00
• Profit Factor: 4.77
• Recovery Factor: 5.65
• Gross Profit: USD 26,944,177.55
• Gross Loss: USD -5,644,216.47
• Number of Trades: 6308
• Winning Trades: 3154 (78.73%)
• Losing Trades: 799 (25.33%)
• Max Drawdown: USD 3,768,346.00 (24.89%)
• Relative Drawdown: 48.99%

Live Trading Results

• Growth: 57.52%
• Profit: 363.57 USD
• Equity: 2,263.57 USD
• Balance: 2,263.57 USD
• Initial Deposit: 100.00 USD
• Withdrawals: 900.00 USD
• Deposits: 2,700.00 USD

Quantum Queen EA User Reviews

• Jenny LK (2024.07.21): “Transactions have been smooth so far. It works as described. I only hope this keeps profitable in the long run.”
• Glen2 (2024.07.19): “I have been using this EA since 2nd July, so far so good. I am running on low settings and up today 0.83% which isn’t bad. 80% win rate too, the backtests I have run match closely to my actual results which is promising.”
• Gerardo Armando Ochoa Aguilera (2024.07.10): “Hi, I bought it almost 2 weeks ago, and it’s been performing really well. At first, it was a bit slow on sending signals, but all good so far. I reached Bogdan for several questions and I always got support and quick feedback. He shares a guide so you can understand the meaning of each option available. So far, I can share I’m comfortable with this product. I’m using Risk Level medium.”

Quantum Queen EA Pros and Cons

Advantages of the EA

• Expertise: Developed by a well-known author with a high rating and positive reviews.
• Performance: Strong backtest and live trading results.
• User-Friendly: Easy installation and setup.
• Risk Management: Effective risk management features.
• Versatility: Compatible with various timeframes.
• Support: Positive user feedback on support and guidance.

Disadvantages or Limitations of the EA

• Price: High initial cost of $599.99 USD.
• Drawdown: Potential for significant drawdown as indicated in backtests.
• Dependence on VPS: Requires a VPS for optimal performance.

Conclusion

The Quantum Queen EA stands out as a powerful and versatile trading tool for the XAUUSD pair. With its sophisticated grid trading strategy and robust risk management features, it offers traders a reliable option for gold trading. Developed by a reputable author, it combines ease of use with strong performance metrics. While the initial cost is high, and there is potential for drawdown, the overall benefits and positive user feedback make it a compelling choice for serious traders.