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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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Portfolio of trend-following multicurrency trading systems based on principles of volatility breakout and breakouts of support/resistance levels. Consists of 7 strategies chosen from a pool of many other which I trade myself. PROMO! Naragot VPS Telegram Monitor for free for a review on Naragot Portfolio! Contact me! MT4 version : https://www.mql5.com/en/market/product/56136 Telegram group : https://t.me/naragotEA Advantages : - I am a trader, not a seller. 4 years of public trading. Mor
399 USD
Exclusive black PRO MT5
NATALYIA NIKITINA
Exclusive black Pro MT5 is a fully automated trading system that trades on the most popular currency pairs.EURUSD. The system is based on pure price action and uses market distribution to determine the safest reversal and trend points, each trade is equipped with a stop loss and take profit. ⭐ ⭐ ⭐ ⭐ ⭐ The minimum initial Deposit is  $ 1000.  🔥💰🤑💰🔥💰🤑💰 And the robot can support its trades on EURUSD.   Real account monitoring https://www.mql5.com/en/signals/950721 Working currency pair
14 920 USD
AW Gold Trend Trading EA MT5
Alexander Nechaev
Fully automated trend advisor with an active strategy and an advanced averaging system. Orders are opened using a trend filter using oscillators for greater signal security. Has a simple and intuitive setting. The Expert Advisor is suitable for use on any instrument and timeframe. Troubleshooting, appeal to the author   - >   https://www.mql5.com/en/blogs/post/741436 MT4 version   ->   https://www.mql5.com/en/market/product/56647   Input variables: MAIN SETTING Size of the order       -  
295 USD
Belkaglazer MT5
Dmitriy Shal
Belkaglazer EA  is a fully automated Expert Advisor for creating diverse  long-term  trading strategies in different markets:  FOREX ,  FORTS ,  Crypto ,  Indices . It is designed for professional algorithmic traders. >>MT4 version<< The EA is based on 4 models with clear logic:  PriceChannel ,  Pivot ,  PriceAction, PRNG ; This is a sophisticated platform that can trade momentum, breakout, counter-trend, mean-reversion, scalping, and other strategies depending on settings or set-files; Supports
499 USD
Swiss MT5
Nadezda Bogacheva
SWISS  is a fully automated Price Action expert adviser designed to trade   Gold(XAUUSD) ,   EURUSD   and   USDCHF  Price $499   10 out of 10 copies left Next 10 copies $599 SUGGESTED BROKER FOR SWISS Telegram channel  https://t.me/NeuralEngineEA What is Price Action? Price action is the movement of a security's price plotted over time. Price action forms the basis for all technical analysis of a stock, commodity, currency pairs or other asset chart. Many short-term traders rely exclusively on
499 USD
Tempesta
貴 広 井 上
BTC/USD  SCALPING スキャルピング型EA こちらは仮想通貨向け自動売買プログラムとなっております。 ★シグナル公開予定 通貨ペア :BTC/USDに最適なナンピン及び利確設定をしております ロット数:0.01~ パラメータ ・ロット数:最初の注文ロット数を入力してください。これを基準に、ナンピンに増加していきます。 ・ナンピン:ONにするとナンピンを行いますので、ONにしてご利用ください。 ポジション数: 最大21ポジション 時間足 :M1 注文条件 ・EA起動後、一定の値動きで逆張りを行います。 ・100BTC/USDごとにナンピンを行います。(ただし証拠金維持率が500%以上のあいだ) ・一定の利益にて全決済を行います。 その他 ・マーチングゲールではありませんが、ナンピンを行うため、ある程度のリスクがございます。 ・証拠金は1000USD以上を推奨しております。
300 USD
Breakout Envelopes MT5
Sabil Yudifera
The Expert Advisor identifies extreme overbought and oversold conditions in a market. Opening positions on extreme overbought conditions or extreme oversold conditions allows for getting the highest profit. If the starting position is in a loss, then the second or third position has the probability to gain big profit value. The built-in spread filter manages slippages and spread extension. The EA does NOT use hedging, martingale, grid strategies, arbitration, etc. The Expert Advisor works with S
499 USD
Exp5 The xCustomEA for MT5
Vladislav Andruschenko
Universal trading adviser on custom indicators for  MetaTrader 5 . Builder of strategy. Write the name of your indicator with Arrow and signal buffers, and our EA xCustomEA trades on these signals. You can also use many of our built-in functions. Version for MetaTrader4:  The xCustomEA  version  for MetaTrader 4 terminal The functionality of the universal trading adviser The xCustomEA exactly duplicates all the parameters of our advisor  The X  except one: The xCustomEA  works on a custom indica
350 USD
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dnv999
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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.

Alex V.
3640
Alex V. 2017.06.03 14:25 
 

User didn't leave any comment to the rating

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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.