Heiken Ashi EA MT5

This EA with the recommend sets each month it's performing very well. The support from Eleni is excellent, he is always available for help.

I've been testing Eleni's algorithms for several months now, and I can finally give a maximally balanced assessment. I myself work on optimizing gridless algorithms, and my profit fluctuates around the level of statistical error - trading looks completely random. So you can imagine how happy I was when I saw that Eleni provides settings files for her algorithms! I figured the developer optimizes her algorithms better than I do, and the profits would be better than my own results. The good reviews added to my confidence.

I decided that the cost of the three algorithms would pay for itself in a couple of weeks, so I put them on a live account across all available charts. Then I kept only the recommended settings. Then I closed all the charts that were blatantly draining money. Unfortunately, none of this helped - the account is still steadily going into the red. Not only did I fail to recover my costs, but I lost roughly the same amount again.

Why did this happen? All of Eleni's settings are over-optimized, meaning they are curve-fitted to the tested period. If you test them on a different period, you see consistent losses. When I pointed this out to Eleni, she replied that the market is changing right now - but that's nonsense, because the market is always changing, and a strategy should work not just on any time period but ideally on other trading instruments as well.

Eleni constantly uploads new settings files to keep them "up to date," which really means curve-fitted to the most recent year. Does Eleni know that her settings are over-optimized? She has a huge rating on the platform - of course she knows. Why does she do it? So that fools like me keep buying the algorithms. And this tells us that she doesn't earn money using her own algorithms, but by selling them.

On the algorithm's page, you see excellent performance metrics; then you run the tests yourself for the specified period, and the results still look good. But when you start live trading, you're guaranteed losses.

I can't say how viable these algorithms actually are at their core, because the code is quite poor, and optimization takes far longer than with other algorithms that have similar logic. So we have bad algorithms plus deliberately bad settings files, and the author is fully aware of it. I think this can safely be called fraud.

Do not buy this scam! At the very least, not until Eleni starts doing realistic optimizations with testing across multiple time periods. Though I suspect she has tried, and the results were just as disappointing as mine.

UPD. The author writes in the response: "you were not following my monthly recommendations and were making your own optimizations—trading your own set files, modifying TP/SL levels, adding or removing symbols, and selectively applying the recommended settings". This is a lie. I never once interfered with the settings provided by the seller, because my goal was precisely to test them. The only thing I did was first trade all symbols, then only the recommended ones, and then only those that didn't drain money too quickly. In all cases, I incurred losses, including when I followed the recommendations. In a private conversation, the seller admitted that her recommended settings could be unprofitable for several months in a row.

This rating is from the bottom of my heart ❤️❤️💜💜, for the heiken Ashi EA Mt5 I just purchased few days ago I must confirm that Eleni Anna branou his a great and kind hearted person, with good 💜💜 the support Eleni Anna give to me has no part two, that makes me full of joy, please I recommend Eleni Anna branou products to all the viewers of MQL5 platform. please keep up the good job. 👍👍.

Excellent EA. simple in its logic, but all the more powerful and flawless when set up correctly, preferably according to carefully optimized "sets" directly from Eleni. Behind it is a lot of detailed and careful work from the developer, which will save you time and nerves and will certainly earn you some money, if you use it correctly and of course there will be a good market setting, nothing is guaranteed. I highly recommend it to everyone!

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Very good EA. A safe way of trading by not using grid or martingale style. Small losses and big wins. I definitely recommend this EA.

Really nice EA, amazing customer support, the developer is generous to assist whenever needed and open for suggestions. Overall really satisfied and happy.

Bought that EA due I have other EA but only scalp in 15m normal candles and Heiken ashi. What I saw the heiken ashi scalping was better than with normal candles but I wanted something for swing trades 1 hour up to Daily trades. Gonna check it but from far I know Heiken ashi stuff work better.

This is very good Heiken Ashi EA and I'm very happy with Heiken Ashi EA MT5 set files which give good results on live trading.

Rented a few days ago, this ea is extraodinary. As indicated in the description, it's not a magic tool, it doesn't read the future, but works with logic. The inputs are perfect. Like all inteligently programmed bots, this ea has both negative and positive days. But for the moment, it has made more positive than negative days. Around +10% in one week with a DD of 15%. What I really like about Heiken Ashi EA MT5 is its well thought-out risk management. He won't place SLs very far out in the hope of a market reversal. When he loses, he loses, but he doesn't lose much, but when he wins, he's magnificent. Another proof of the programmer's honesty: his very attractive price, no telegram group, no affiliation. He must make his money with forex and not with us :)

The best and most reliable EA I have purchased thus far and I have purchased quite a few. Customer service is second to none. I encourage you to try it out.

I cannot praise Eleni Anna Branou enough. As a new user of EAs, this one functions perfectly! Additionally, Eleni has been extremely patient with me while configuring the EA to better suit my style. Thank you!

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Pretty good EA, Eleni replies quickly and friendly. I adjusted the EA to follow longer trends in the daily chart with good results so far (backtesting; I just put in live trading today).. Eleni, please, I also liked your RSI EA, but looks like that the presets aren't really performing well in 2023, I noticed that you have reconfigured the Heiken Ashi recently, what do you think about doing the same with the RSI EA? it looks promissing, thank you!!

Great EA with amazing customer support! Eleni helped me with settings to optimize into a profitable strategy!

I bought this EA but had problems installing it. Eleni Anna supported me through out the process. Excellent Support.

Great EA, my implemented strategy has made $400 today. Please keep updating and improving EA!

very nice customer service, now i can now laugh forever, thanks man

Effective EA with excellent customer service.

This EA is good in a trending market. However, it performs very bad in a consolidating market. A filter ought to be added to allow it place trades only when the market is trending.