"Qzeus" Strategy
Last updated
Last updated
The best "set and forget" algorithm available to the retail trader
A multitude of settings to adjust to your risk tolerance
Build in compatibility with our QuantVue Automated Trading Suite software
The presets are as follows: Conservative does not use martingale or the boosters, intermediate uses martingale and range boost, Aggressive uses all three.
Martingale is a betting strategy, explained simply as doubling down on each loss. In many cases this can be devastating if the strategy is not built properly. However, in the case of Qzeus it is not.
The strategy maintains a ~73% win rate over time. It is perfectly profitable without martingale. When you have a high win rate of 70%+ and a strategy that almost never sees more than 2 losses in a row, martingale serves only to smooth the curve and increase overall profitability.
The Max Contracts Opened setting allows you to control the maximum number of contracts that will be opened using martingale, if Enable Max Contract Limit is turned on.
The Long Boost setting will double down contracts when it detects certain conditions likely to indicate a long trade as being a win. It's risky and can lead to larger losses, however over time is likely to increase overall profit.
The Range Boost is one of the best settings to use and can be enabled almost universally. When it detects a certain condition it will use the Range Boost Take Profit Multiplier instead of the regular Static Take Profit Multiplier. Make sure the Range Boost Take Profit Multiplier is set to a higher number than the Static Take Profit Multiplier. It increases profitability with almost no downside.
The Stop Multiplier simply controls how close to the entry the stop loss is.
And lastly, the Static Take Profit Multiplier controls how close the take profit is to entry.
The Profit Limits and Loss Limits use TradingView's built in counter of profit and loss to stop the trades. This is inaccurate at best. It is far better to use Tradovate's built in Profit Target and Stop Loss limits. The Trade Count Limit however is accurate. It will limit the trading to only x number of trades per day.
This is a section that changes frequently based on the version of ATS currently in use, however some things will remain the same or similar. For current information and setup walkthrough see the ATS videos. The source can either be ATS alerts as described in the ATS videos, or the Custom Alerts at the bottom. ATS User ID is your xx_1234567890 id from the ATS screen. ATS Spam Key is your spamkey from your ATS screen. ATS Comment can simply be used to send a human readable comment with the alerts. The Custom Alerts section allows you to send, or not send, whatever custom JSON you'd like on each action. They're retrievable, just like the ATS commands, using {{strategy.order.alert_message}} in the alert message box.
The top selection will force it to only open during the trading time string. The bottom will force trades to close at the end of the listed times. Refer to the for the time string construction.
