EA VERDICT · independent audit

Quantum Queen

XAUUSD · M1 (2003.05.05 - 2026.08.17) · run capital 100,000 · vendor deposit 1,000 · leverage 1:5000 · engine 0.4.2
1 of 6 red
Verdict summary
!Data qualityCAUTION
StructureRED
iCostsINFO
ConcentrationOK
Regime dependenceOK
Prop-firm fitOK
Net profitin the full audit
3,357
Trades
EOD Sharpeannualized
Max drawdownend of day
Return, arithmeticon vendor deposit
4.66
Profit factorreport head
This EA is delisted; the identical strategy lives on under a new name. The lamps above are the measured verdict of that shared run. Where it went.
01 Findings

3 findings, 1 of them red.

Measured on this exact run, free to cite:

Averaging into adverse moves (grid/DCA signature)59 failed entry attempts in the log
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The full audit shows here: every finding with severity, mechanism and the exact numbers behind it.

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02 What we measured

Every deal, rebuilt and verified.

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The full audit shows here: the chain of custody, pairing confidence, balance reconstruction to the cent, real tick coverage and the tester log evidence.

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03 Structure and exits

What the deal list reveals about the machinery.

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The full audit shows here: grid, martingale and hedging forensics measured from the deal list, the sub strategy split and the exit signature.

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04 Underlying vs. strategy

What the market contributed.

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The full audit shows here: the symbol's own move over the traded span against the long and short profit split.

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05 Year by year

Every calendar year on record.

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The full audit shows here: profit, trades and win rate per year, long against short, over the symbol's own move.

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06 Costs and honest metrics

What the run really paid.

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The full audit shows here: the cost waterfall from gross to net, commission and swap, the honest EOD Sharpe against the report head figure.

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07 Concentration

How few days carry the result.

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The full audit shows here: the exact number of days carrying 80 percent of profit, best and worst days with dates.

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08 Drawdown episodes

Where the account sat under water.

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The full audit shows here: every drawdown episode with depth, dates and the trades that dug each hole.

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09 Fresh start survival

What happens to a fresh account, started on any day.

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The full audit shows here: the fresh start survival map, death zones, the computed death chain and the deposit ladder.

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10 Release timeline

How much of the test the vendor could see.

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The full audit shows here: the release timeline, the guaranteed out of sample window and its performance against the rest.

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11 Cost fragility

How quickly extra costs kill the edge.

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The full audit shows here: the break even cost shock, the cost shock curve and the result without the best trades.

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12 Prop-firm fit

Prop firm rules, replayed day by day.

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The full audit shows here: account deaths per sizing, daily loss and consistency breaches for every rule set.

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13 Monte-Carlo resampling

The same trades, a thousand other orderings.

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The full audit shows here: the Monte Carlo equity fan, drawdown percentiles, losing streaks, ruin probability and challenge pass rates.

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14 Withdrawal replay

Could you live off it?

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The full audit shows here: the withdrawal replay with months paid, dry streaks, the monthly heatmap and the capital what if.

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15 Glossary

Every term, in plain language.

Glossary
Pairing confidenceHow entry and exit deals were matched into trades: 'exact' = taken from the tester log; 'validated' = FIFO/LIFO reproduced the report's holding-time figures; 'heuristic' = unconfirmed FIFO assumption.
EOD Sharpe (annualized)Sharpe ratio computed from end-of-day balance returns, annualized with the square root of 252. Comparable across systems, unlike the report-head 'Sharpe', which is per-trade.
Cost share of grossCommission plus swap as a share of gross profit before costs. High values mean the edge is eaten by fees and financing.
Max drawdown (EOD)Largest peak-to-trough loss of the end-of-day balance curve.
Floating drawdown (sampled)Largest drawdown of reconstructed equity (balance plus open-position value), sampled at deal timestamps. Between deals equity is unobservable from a report; the tester-head equity DD is tick-based.
MartingalePosition sizing that grows after losses. Looks smooth for months, then loses the account in one streak.
Consistency ruleProp-firm rule capping the best day's share of total profit; punishes concentrated profit profiles.
Account deathsNumber of times the simulated account breached the profile's drawdown floor over this history (account is then reset and the simulation continues).
Withdrawal %/aYearly withdrawal as percent of account size in the sweep simulation (profits above start are swept daily).
Z-ScoreSerial correlation of the win/loss sequence. Strongly negative values often just reflect several sub-strategies interleaving, not necessarily a defect.
Monte-Carlo resamplingRe-arranging or re-drawing the audited trades many times to see the range of drawdowns and streaks the same trading could have produced. It cannot add information; it reveals path fragility, not future returns.
Block bootstrapBootstrap that draws whole multi-day blocks of the daily PnL series instead of single trades, preserving short-range clustering (losing weeks stay losing weeks).
Ruin probability (floor only)Share of resampled paths that breach the profile's drawdown floor at least once, with profits above start swept. The firm's full rule set is stricter, so this is a lower bound.
Time under waterLongest stretch of trading days a path spends below its previous balance peak.
Withdrawal replayRe-plays the backtest with a monthly payout: on the last trading day of each month, everything above the start balance is withdrawn. Shows what the strategy pays a trader who lives off it, instead of compounding like a backtest.
Dry streakLongest run of consecutive months in which the monthly withdrawal was zero: months a trader living off the account would have earned nothing.
Lot policyWhether the EA trades fixed lot sizes or scales them with the balance, detected from the variation of lot sizes across the deal list.
Capital what-ifThe observed USD path re-expressed against a different account size (fixed lots): drawdown percentages and floor-breach risk change with capital even though the trades are identical. Margin limits are not modeled.
Underlying vs. strategyThe symbol's own price move over the traded span, approximated from entry prices. If most profit is long-side while the symbol itself rose strongly, part of the result is the market's tailwind, not the mechanics. The tester cannot separate the two.
Drawdown episodesOne episode runs from a balance peak through its deepest trough until the peak is regained (peak to recovery), on the end-of-day balance curve. The deepest episode is the max drawdown (EOD); the table shows which trades and sub-strategies dug each hole.
Take-home after taxTotal withdrawn multiplied by one minus a user-supplied flat rate. Pure arithmetic on the withdrawal table, no tax law modeled; off unless a rate is provided.
Cost fragilityHow quickly the result dies as per-trade costs rise. The break-even shock is the extra cost per trade (spread, slippage, commission) at which net profit reaches zero; high-frequency systems often die at cents.
Fresh start survivalWith fixed lots the dollar swings that follow any date are identical for every account, so each start date has an exact, measured fate: a fresh account started there dies if the balance path later falls at least one deposit below its starting level. Death-chain runs concatenate into one continuous profit path. Computed from the closed balance curve; a floating check would only be stricter.
Release timelineThe backtest runs the current EA version over history that mostly predates it. Candles before the release were visible during development; candles up to the last update were visible to at least one refit. Only the window after the last update is guaranteed out of sample, and it must be judged together with its length.
16 What this audit cannot tell you

The honest boundary.

A good backtest cannot prove an edge. This audit dissects the simulation you gave it. It can expose structural risks (martingale, grids, hidden concentration, cost fragility, rule conflicts), but it cannot tell you that the strategy will make money. Three limits are fundamental:

  • In-sample bias: commercial EAs are typically released and updated after most of the tested window. A strong report may replay what the vendor optimized against, not what the market will do.
  • Regime dependence: a profitable window can reward almost any mechanic aligned with the prevailing trend. Year slices and long/short splits above hint at this, but cannot settle it.
  • Simulation gap: even with real ticks and execution delay, the tester does not model live spreads, slippage beyond the next tick, or broker-specific behavior.

This audit is software analysis, not investment advice, and contains no recommendation to buy or trade anything.

17 Where it went

Delisted, republished, measured.

Quantum Queen is delisted. The vendor removed it from the market and republished the identical strategy under a new name. Our audit measured both runs: every aggregate matches to the cent, and the deal level census confirms the identity. The full evidence lives in the successor audit.

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18 Questions before you buy

Straight answers, measured where possible.

Why can I not buy Quantum Queen anymore?

The vendor delisted it. There is nothing to buy and therefore nothing we sell here; this page exists because owners keep searching for the name.

Is the successor the same EA as Quantum Queen?

Our v1.3 census compared both tester runs deal by deal and found them identical; the successor audit shows the comparison matrix with every delta at exactly zero.