Havana EA
- Experts
- Bailey John Wickens
- Version: 6.0
- Updated: 1 November 2023
- Activations: 20
Introducing Havana EA, a sophisticated algorithm tailored to suit every trader, with a specific focus on XAUUSD trading. With its versatile 3 Entry Models and 3 Trade Management Types, Havana replicates the trading style of a manual trader while eliminating emotional biases.
Havana EA actively scans the market, identifying precise entry opportunities that align with your selected Entry Model. Each model has been meticulously fine-tuned over 20 years of Dukascopy data testing, identifying unique patterns and trends to capture optimal breakouts from specific levels. User-friendly, Havana boasts a straightforward setup with only a minimal number of inputs, ensuring simplicity for all users.
Upon initiating a trade, Havana employs a sophisticated Trailing Stop Loss System (TSL) to manage risk by cutting losses short while aiming to maximize winning positions.
Havana EA uses NO martingale or grid strategies!
Must Be Tested & Used on a Low Spread Account Otherwise TSL Will Not Work
Recommended Setup:
- Pair - XAUUSD
- TimeFrame - H1 Only
- Entries & Management - Use the same Management Type as the Entry Model
Input Parameters Explanation:
MONEY MANAGEMENT
- MM Type: Static / Dynamic - Choose either static lots or dynamic lots
- Percent - The percentage risked per trade (for use with Dynamic MM Type only)
- Lots - The lot size per trade (for use with Static MM Type only)
ENTRY MODEL & MANAGEMENT TYPE
- Timeframe - Timeframe used for entry calculations
- Entry Model - EM1,EM2,EM3
- Management Type - TSL1,TSL2,TSL3
- Dynamic TP - How far in profit the take profit moves to once TSL is activated
- Trade Friday - Choose if you want the EA to trade on Fridays
TRADE ID
- Comment - The comment attached to every trade placed by the EA
- Magic Number - Magic Number
Very good support from author. Good backtesting result. I like the strategy of this EA.