Frequently Asked Questions (FAQ)
Find quick answers to the most common questions about Quantum Edge Trader.
General Questions
What is Quantum Edge Trader?
Quantum Edge Trader is an advanced MetaTrader 5 Expert Advisor (EA) that combines traditional technical analysis with artificial intelligence (Claude AI) validation. It automatically identifies and executes high-probability trading opportunities across forex, gold, and cryptocurrencies while managing risk intelligently.
How does the AI validation work?
Before executing any trade, the EA sends the setup details to Claude AI via API for analysis. Claude evaluates market conditions, chart patterns, support/resistance levels, and overall context to confirm or reject the trade. This dual-validation approach (technical indicators + AI judgment) significantly improves trade quality and win rate.
What makes Quantum Edge different from other EAs?
- AI-Powered: Claude AI validation (unique feature)
- Multi-Strategy: Combines breakouts, Smart Money Concepts, and trend following
- Prop Firm Ready: Built-in daily loss limits and drawdown protection
- Real-Time Transparency: Visual panel shows all metrics and AI decisions
- Continuous Updates: Regular improvements based on market conditions
Do I need coding knowledge to use it?
No! The EA is ready to use out of the box with preset configurations. Simply:
- Load the EA on a chart
- Select a preset (.set file)
- Enable AutoTrading
Advanced users can customize parameters, but it’s not required.
Can I use this if I’m a beginner trader?
Yes, but with caution. While the EA automates trading decisions, you should:
- Understand basic forex/trading concepts
- Start with a demo account first
- Use conservative risk settings (0.5-1% per trade)
- Read the complete user manual
- Never risk more than you can afford to lose
Purchase & Licensing
What license tiers are available?
- Single License ($197): Use on 1 MT5 account
- Multi-Account ($297): Use on up to 3 MT5 accounts
- Unlimited ($497): Use on unlimited MT5 accounts
All tiers include 12 months of updates and email support.
Is there a free trial?
We don’t offer free trials, but we provide a 14-day money-back guarantee. You can purchase, test thoroughly on demo accounts, and request a full refund if not satisfied. This is better than a limited trial because you get full access with no restrictions.
What payment methods do you accept?
- Credit/Debit Cards (Visa, Mastercard, Amex) via Stripe
- PayPal
- Bank Transfer (for bulk purchases, contact us)
All payments are processed securely with SSL encryption.
How do I activate my license?
After purchase:
- You receive a license key via email (within 5 minutes)
- Download the EA package
- Install the EA in MT5
- Enter your license key in the EA inputs
- The EA validates with our server automatically
Can I transfer my license to a different MT5 account?
Yes! License transfers are allowed:
- First transfer: Free (contact support)
- Additional transfers: $30 fee each
- Limit: Maximum 2 transfers per year
What happens after 12 months?
Your license remains active indefinitely, but:
- Free updates stop after 12 months
- You can renew for 50% discount ($99-249 depending on tier)
- Or continue using your current version forever
Installation & Setup
What do I need to run Quantum Edge Trader?
Required:
- MetaTrader 5 (build 3650 or higher)
- Windows 10/11, macOS (via Wine), or Linux (via Wine)
- VPS recommended (not required for testing)
- Claude API key (free tier available, $5-20/month for active trading)
- Internet connection (stable, low latency preferred)
Minimum Account Size: $100 (demo), $500+ (live recommended)
How do I install the EA?
- Download the package from your order confirmation email
- Unzip the files
- Open MT5 > File > Open Data Folder
- Navigate to MQL5 > Experts
- Copy
QuantumEdgeNM_V3_1_LICENSE.mq5here - Restart MT5 or press F4 > Refresh
- Drag the EA onto a chart
- Configure settings and enable AutoTrading
Full installation guide available in the User Manual (PDF included).
Do I need a VPS?
For Testing: No, your personal computer is fine.
For Live Trading: Highly recommended to ensure 24/7 operation.
VPS Benefits:
- No interruptions from PC restarts or power outages
- Lower latency (faster order execution)
- Trades continue even when you’re offline
Recommended VPS providers: Forex VPS, Vultr, DigitalOcean ($5-15/month)
How do I set up Claude API?
See our dedicated Claude API Setup Guide. Quick summary:
- Go to console.anthropic.com
- Create account (free)
- Generate API key
- Add $5-20 credit (pay-as-you-go)
- Enter API key in EA settings
Cost: ~$0.01-0.05 per trade validation (~$5-20/month for active trading)
Which brokers are compatible?
The EA works with most MT5 brokers, but we recommend:
- Best for retail: IC Markets, Pepperstone, FP Markets, XM
- Best for prop firms: Check your specific firm’s EA policy
- Avoid: Market makers with wide spreads or frequent requotes
Key requirements: ECN/STP execution, low spreads, MT5 support, EA trading allowed
Trading & Performance
What is the typical win rate?
Historical backtests: 60-70% win rate
Live forward testing: 55-65% (more realistic)
With AI validation: Target 65-75%
Important: Win rate varies by market conditions, pair selection, and risk settings. Past performance doesn’t guarantee future results.
What pairs does it trade?
Default configuration supports:
- Forex Majors: EURUSD, GBPUSD, USDJPY, AUDUSD, USDCAD, NZDUSD, USDCHF
- Forex Minors: EURGBP, EURJPY, GBPJPY
- Gold: XAUUSD
- Crypto: BTCUSD, ETHUSD (if broker offers)
You can enable/disable specific pairs in settings.
What timeframes work best?
- Scalping: M5, M15 (more trades, higher risk)
- Day Trading: H1, H4 (balanced, recommended)
- Swing Trading: D1 (fewer trades, lower risk)
Recommendation: Start with H1 or H4 for best risk/reward balance.
How much can I expect to make?
WE CANNOT AND DO NOT GUARANTEE PROFITS. Trading is risky.
Realistic expectations (based on historical data):
- Conservative: 3-8% monthly return (high probability)
- Moderate: 8-15% monthly return (medium probability)
- Aggressive: 15-30% monthly return (low probability, high risk)
These are NOT guarantees. You could also lose money. Always start with small risk and scale up gradually.
How does risk management work?
Built-in risk controls:
- Fixed Lot: Set exact position size
- Risk per Trade: Risk % of account balance (recommended: 0.5-2%)
- Daily Loss Limit: Stop trading after X% daily loss
- Max Drawdown: Pause trading if drawdown exceeds X%
- Max Open Trades: Limit simultaneous positions
- Correlation Filter: Avoid correlated pairs (e.g., don’t trade EURUSD + GBPUSD simultaneously)
Does it work during news events?
The EA has a news filter that can avoid trading during high-impact events:
- Enabled (recommended): No trades 30 min before/after major news
- Disabled: Trades normally (higher risk, potentially higher reward)
Major news events: NFP, FOMC, CPI, ECB announcements, etc.
Technical Support
EA won’t load or shows “invalid license” error
Solutions:
- Check your license key (no spaces, copy exactly)
- Verify MT5 account number matches your license
- Check internet connection
- Disable firewall/antivirus temporarily
- Try different MT5 account (if multi-account license)
- Contact support with your order number
EA is not opening trades
Checklist:
- ✅ AutoTrading enabled (green button in MT5 toolbar)
- ✅ DLL imports allowed (Tools > Options > Expert Advisors)
- ✅ Correct pair/timeframe selected
- ✅ Market is open (not weekend)
- ✅ News filter not blocking trades
- ✅ Daily loss limit not reached
- ✅ Claude API key working (check Journal for errors)
- ✅ Minimum balance met (check account balance)
“Claude API error” in Journal
Common causes:
- Invalid API key: Verify key at console.anthropic.com
- No credit: Add funds to your Anthropic account
- Rate limit: Reduce trade frequency or upgrade API plan
- Network issue: Check firewall or VPS connectivity
See API Setup Guide for detailed troubleshooting.
How do I update the EA?
- Download new version from your account dashboard
- Remove old EA from charts
- Replace old .mq5 file in MQL5/Experts folder
- Restart MT5
- Reattach EA to charts
- Verify license still works
Note: Settings are preserved in .set files, so you won’t lose your configuration.
Where can I find detailed error codes?
Check the MT5 Experts Journal (View > Toolbox > Experts tab) for detailed error messages. Common codes:
- 130: Invalid stops (SL/TP too close)
- 131: Invalid trade volume
- 133: Trade disabled (AutoTrading off or broker restriction)
- 134: Not enough money
- 10014: Invalid license
- 10015: Connection error
Prop Firm Challenges
Can I use this for prop firm challenges?
Yes! Quantum Edge Trader is designed with prop firm rules in mind:
- Built-in daily loss limits (FTMO, FundedNext, MyForexFunds, etc.)
- Max drawdown protection
- Consistency tracking
- News filter to avoid high volatility
Important: Always verify your specific prop firm allows EAs. Some firms ban or restrict automated trading.
Which prop firms allow this EA?
EA-Friendly firms (as of Nov 2025):
- ✅ FTMO (with restrictions)
- ✅ FundedNext
- ✅ MyForexFunds
- ✅ The5ers
- ⚠️ TopStep (limited EA use)
Always check current rules! Prop firms frequently update their policies.
How do I configure for prop firm challenges?
Use the included PropFirm.set preset with:
- Risk per trade: 0.5-1% (conservative)
- Daily loss limit: 3-4% (firm-specific)
- Max drawdown: 8-10% (firm-specific)
- News filter: ENABLED (avoid volatility)
- Weekend close: ENABLED (close all positions before weekend)
Adjust based on your specific firm’s rules (5%, 10%, 12% daily loss, etc.).
Can the EA help me pass a challenge faster?
Potentially, but manage expectations:
- The EA is designed for consistency, not speed
- Typical challenge completion: 2-6 weeks (varies)
- Rushing increases risk of hitting daily loss limits
- Better to pass slowly than fail quickly!
Tip: Use demo mode to test your strategy before attempting live challenges.
Still Have Questions?
We’re here to help! Check these resources or contact support:
Response time: 24-48 business hours