Market / MetaTrader 4 / Experts /

HorsePowerEA

1 500 USD

Demo downloaded: 110

Published: 13 December 2021

Current version: 1.5

HorsePowerEA

Experts
Chukwudi Joshua Obiekwe
Version: 1.5
Updated: 28 July 2022
Activations: 5

HorsePowerEA is a sophisticated trading software,that is base on trend following system analytics
progression, which decision to buy or sell are determined base on trend reversal. its an EA that
follows strictly a trading system.and has reliable security features and protection on applied
account and gives you a profitable edge in market

Our Live Trading Result

https://www.mql5.com/en/signals/1583082

how do it handle trading on news time?

during news times the EA temporary stop opening position automatically..

and resume once it auto detect a reduced in volatility base on timing factor..

important parameters of the EA

weekstart=monday ---- start trading from monday
weekend=friday ----end trade on friday
UseLossAmount=false- this is the second security of the EA that closes all positions,if the market keep going against you.
LossAmount=250 - this is the actual value
maxspread=20 - maximum spread on the EA,note if your brokers spread is high,you can adjust it here,is a spread protection
Profitdouble=true - default is "true" here you are telling the EA to increase lotsize per trade base on direction
Magic_no = 1234 - here is the magic_no that separate buying positions with selling positions

How to set it up on your chart

Lets use GBPUSD as an example

Note : open 2 gbpusd chart , change only this parameters ...

first chart

Buy=true

Sell=false

Magic_no = 111

second chart

Buy=false

Sell=true

Magic_no = 222 that's all...

Choosing Pairs to trade

the EA can trade in almost all pairs but we prefer trading on EURJPY,GBPUSD or USDCAD.

but you have to attach only on 1 pair of your choice(note you can inbox me for a guide after buying)

TimeFrame to trade on:

it auto adjust to any time-frame but leave it on 1hr

Recommended balance

minimum deposit is $200,

but recommended balance is $500 and above

Broker

just use any broker with very low spread,less than 2pips spread

How much can i make with the EA

depending on your deposited amount the EA makes around 60% profit monthly

though they can be a deviation above or below the profit target or expectation..

more...

It is an advanced algorithm designed from years of trading experience, but the results may be similar or different from the past It uses a smart algorithm to seize opportunities Note : For better results, please use an ECN account. To implement quick and profitable order "Using the Virtual Hosting Service MetaTrader (Forex VPS) www.mql5.com/en/vps It works on all I nstrument & Time-frame But the best results are on : EURUSD M15 GBPUSD M15 USDJPY M15 Recomme

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Version 1.5 2022.07.28

added an external settings "MydayexitLoss" : note if you have a bigger amount, just put it "false"
so the EA don't have to close all your position,because you have enough equity/capital,there by making more money..

Version 1.4 2022.07.24

new update is we made the EA easy to navigate through the settings.thanks

Version 1.3 2022.07.03

more advanced performance

Version 1.2 2022.04.16

you can see what was updated on external settings of the EA

HorsePowerEA now has first and second strategy

To back test or forward test this EA on first strategy
you should make sure LossAdjuster=true is enabled means "true"
others settings are first strategy default only enable LossAdjuster=true.

To switch to second strategy simply do this...

weekend=5
UseSL=true
StopLoss=50
LossAdjuster=false
Adjuster=25;
ProfitDouble=true

Version 1.1 2022.03.25

check on the external settings to see changes made on it.thanks