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Horizon EURUSD

This EA is designed to trade the EURUSD pair on the M15 timeframe.

Optimal results are observed on hedging accounts with a leverage of at least 1:300 (1:500 recommended). Minimal recommended balance is 1000 units of base currency[1].


Technology

Horizon EA uses a custom indicator to detect the trend and a combination of other indicators to enter the market. Exiting the market is done by Stop loss or Take Profit values which are explicitly set for each order, thus keeping your capital safe in case the EA stops for whatever reason (reboot, update, migration to another client, etc.)

The time the EA trades is controlled by a special entry algorithm. The global position size is then managed by the Intellibrake™ system which prevents from excessive equity drawdowns. Both algorithms are primarily designed for hedging accounts which allow for multiple positions taking.


Performance

Results of backtesting optimization showed a 10000% growth of capital over the last one year period, with a maximum drawdown < 30% and a profit factor > 2, with a risk per trade of 5%. However, as is always the case, future results may differ from this optimum.


Updates

To keep in pace with changing market conditions, Horizon EA will be updated on a regular basis (every 6 months or more often if market conditions require it). It is advised to regularly check this page to see if an update is available[2].


Input parameters

Input parameters have been purposely limited to the most important ones to keep Horizon EA simple to run even for the novice. Emphasis has been put on risk management.

They include:

  • Predefined Lot size to trade: volume of each order in lots in case Money management is not used.
  • Use Money Management: if set to 'true', will use the ‘Risk per trade’ parameter to determine lot size to trade.
  • Risk per trade as percent of current balance: in case Money management is used, will determine the volume of each order as a percent of current account balance.
  • Maximum acceptable equity drawdown %: Maximum equity drawdown before Intellibrake system starts reducing positions size.
  • Maximum acceptable balance drawdown %: Maximum balance drawdown before closing all orders and exiting the EA. A value of 0 means the service is disabled.
  • Profit target: if your equity reaches this value, the EA will close all open positions and exit. It is set in units of base currency[3]. A value of 0 means the service is disabled.
  • EA Magic number: the magic number used to identify orders opened by the EA[4].


Further notice

The EA has been backtested using random delay in order execution, without showing an important degradation of its performance. It should therefore be relatively immune to slippage.


Notes

  1. Use 1000 USD on a regular account or as little as 100 USD on a cent account.
  2. You can also get push notifications for updates from your Metaquotes ID if so configured in your profile.
  3. For example, if you start with a balance of 1000 USD and set your profit target to 2000, the EA will close all orders and exit when your equity reaches 2000 USD.
  4. Make sure you keep the same magic number in case of upgrading to a newer version of the EA, so the new version can recognize and manage orders opened by the previous one.
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The EA use several systems focused on the Bitcoin / USD symbol. Any doubt or more information, you are invited you to join to the telegram group of the sfe users community. Telegram Community Group:   https://t.me/sfecommunity Signal https://www.mql5.com/en/signals/835278 Live setup The EA is very easy to setup, and can be used with the default parameters. Only parameters related with the GMT of the broker and the size of the orders must be checked. The EA must be attached to ONLY one Bit
750 USD
EA Scalper MT5
Valerii Gabitov
Before opening each trade, EA checks the trading leverage of the account as well as the margin level. I do not recommend using more than 1: 100 leverage, please be aware of the risks. The EA will not open a volume that will lower your margin to less than 200 percent. it is a good protection against opening several positions on different pairs. therefore, we can trade 5-10 pairs at once and not worry about a large number of transactions. I use 1: 50-1: 100 leverage and I am happy with this prote
499 USD
Kernel Scalping
Oleksii Ferbei
The overwhelming majority of participants in the Forex currency market are unacceptable "boring" trading and want to get an active system of Forex earnings. The solution to this particular problem was our new exchange expert - Kernel Scalping. An Expert Advisor who implemented all the best trading algorithms from scalping and pipsing: filtering transactions using the Gunn and Elder methods from various time intervals when trading price impulse patterns from the minute chart of the tool. Kernel
770 USD
Hitz MT5
The Huy Phan
Hitz MT5  is a trending following EA. This EA uses a custom indicators to detect entry signal. This EA does not use stop loss and take profit. Trailing stop is used instead to optimize profit. Recommended pairs:   EURUSD.   Recommended time frame is  M15. Note: 1. Please set the risk rate suit for your trading style. 2. Minimum deposit: $500 3. Account type: Hedging 4. Contact information: huyphanthe47@gmail.com Parameters ■  ShowPanel=false - Mean do not show information panel (increase ba
400 USD
Forex Billionaire Trader
Aleksei Krasov
HEDGING TRADING SYSTEM EURUSD. Any timeframe $ 10000 to $ 1.5 billion. Backtest for 20 years. Forex Billionaire Trader++ - это уникальная торговая система, в основе которой лежит метод машинного обучения.  Процесс торговли: По наступлении определенного времени робот открывает сделку, в соответствии с внутренним алгоритмом, построенном на нейронной сети. Когда сделка открыта, робот может закрыть ее, используя трейлинг-стоп или же хеджировать, чтобы избежать потерь. Благодаря такому подходу сов
799 USD
GridScalperMT5
Denis Nikolaev
GridScalperMT5 - grid scalper fully automated expert Advisor for low-volatile night of trade GridSalperMT5 EA version for MT4 terminal  https://www.mql5.com/ru/market/product/35871 Monitoring of the EA's performance can be viewed here  https://www.mql5.com/ru/signals/732548 Peculiar properties -The EA trades 10 currency pairs(USDCHF, EURCHF, EURGBP, AUDUSD, USDCAD, GBPUSD, EURUSD, NZDUSD, CADCHF, EURAUD) from a single graphics -The EA uses more than five sets of optimal parameters for each curr
499 USD
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Alex V.
3543
Alex V. 2017.06.03 14:25 
 

User didn't leave any comment to the rating

dnv999
34
dnv999 2017.06.14 02:00 
 

Terrible EA ; DON'T BUY THIS EA. you need MT5 and VPS to run this , but the seller never mention this before you buy, YOU WILL BE TROUBLE.

SELLER asked me for providing the BEST REVIEW when I asked for the refund, that means this gentleman wanted to cheat some more buyers.

Reply to review
Version 2.0 2017.06.01
A major improvement to the internal logic leads to much better theoretical results: $5 000 000 profit for a $1 000 investment over last one year on backtests.

New TrendDetector(tm) algorithm constantly analyzes the market for a bullish or a bearish trend and prevents trades on a ranging market.

Stoploss and TakeProfit values are now based on the ATR indicator. This results in a tighter Stoploss than in previous version. You should therefore adapt your "Risk per trade" factor to a recommended maximum of 2.5% instead of 5%.

New SmartUpdate(tm) algorithm checks online for updates to the internal parameters database. Updates will be distributed every time market conditions have significantly evolved, for the EA to always achieve optimized results.