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Heishi Forex Expert Advisor

49 USD

Demo downloaded: 64

Published: 6 October 2020

Current version: 1.1

Heishi Forex Expert Advisor

Experts
Rene Schulthess
Version: 1.1
Updated: 8 October 2020
Activations: 10

* 10 years profitable backtest on EURUSD (Jan 2010 - Jan 2020) *
* 10 years profitable backtest on GBPUSD (Jan 2010 - Jan 2020) *

Just try it, in use by myself!
USE ON 5 DIGIT BROKERS (1.12345)
5 MIN FRAME ONLY
DEFAULT SETTINGS ARE READY FOR USE
DESIGNED FOR EURUSD GBPUSD others possible see backtests

The EA calculates promising entry points according a carefully developed algorithm, based on moving averages and many other factors and values.
Winning trades will be managed traditionally with adjustable Break Even and Trailing Options, as well as the DYNAMIC TAKE PROFIT function, which optimizes Exit Points.
Losing trades are recovered with a sophisticated algorithm, additional orders in variable and well calculated distances and lot sizes will be opened, so that the operations end up with profit. Number of recovering operations is adjustable, please backtest with your trading environment before going live.
You are in charge of the risk, you define a maximum loss (absolute amount in Currency) the EA will close the positions, OR if set in the options, open an hedging, equalizing trade, freezing the loss. The EA will then remove itself and your manual intervention is possible, so still profit is possible. Like with every EA there is a certain risk, but you are in charge of defining your max Loss, with regard to your equitiy. With the equalizing option set to true, you still can save the trades then manually, e.g. when a strong trend continues.

Note: Recommended equity ca. 1000 CHF/EUR/USD/GBP per 0.01 lot to have room to compensate drawdowns successfully, but then delivering nice and steady profits. Check your spread vs backtest spread, high spread will alter the results.
There are many Alerts & Notifications implemented:
ORDER OPENED TRADE(S) CLOSED DYNAMIC TAKE PROFIT MAX LOSS REACHED (HEDGE/CLOSED)

Backtesting (slow due complexity): to retrace (no guarantee for the future, but promising numbers) SEE SCREENSHOTS

backtest date	pair 5 min	spread	lot	profit	drawdown
Jan 2010 - Jan 2020	EURUSD	10	0.01	2237	567
Jan 2010 - Jan 2020	EURUSD	10	0.1	20430	5455
Jan 2010 - Jan 2020	GBPUSD	10	0.01	2450	439
Jan 2020 - today (Oct.)	EURUSD	10	0.1	1445	469
Jan 2020 - today (Oct.)	EURCHF	10	0.1	384	158
Jan 2020 - today (Oct.)	AUDUSD	10	0.1	1066	509
Jan 2020 - today (Oct.)	USDCHF	10	0.1	998	1462

Options Menu explained:

MAGIC NUMBER: give each pair an unique number
SLIPPAGE: max slippage for a trade to be opened
MAX SPREAD: max spread for a trade to be opened
SLEEPING HOUR: after this hour (GMT), no intitial trades will be opened indicated by green hook OR red X (set according your experiences)
BROKER GMT OFFSET: to adjust SLEEPING HOUR with your (broker's) time zone
max AUTO ORDERS : max amount of recovering orders opened by EA
LOTSIZE : default 0.01 see Note
TRIGGER (0...10) : required final small price movement before entering a trade 0 small 10 larger
FIX TP: in pips , despite the DYNAMIC TP function also a conventional TP is possible, if set to 3000 DYNMAIC TP will be in force
MULT. ORD. PROFIT: When recovering (multiple orders), profit per order IN YOUR CURRENCY AND per 0.01 lot (ex. 0.2 EUR @ 4 orders and 0.02 lot gives profit >1.60 EUR)
STOP LOSS: STOPP LOSS of initial order in pips
max LOSS in YOUR Currency: max LOSS in CHF/EUR/USD... you want to close orders or hedge (equalize) the orders
OPTION CLOSE or HEDGE: at max LOSS either close (false) or hedge(true) open orders
Display VALUES ON SCREEN: some informative values on the screen - or OFF
BE PIPS: Break Even Pips (SL will be adjusted to PROFIT PIPS)
BE PROFIT PIPS: Break Even Profit Pips (see above)
TRAILING PIPS : Trailing Pips (SL trailing in this distance)

SCREEN VALUES that need explanation:

Trend Intensity Number (Ultra Short, Short, Long) : just for information (internal calculations)
MN Magic Number : Order MN has to match Settings MN, if not change MN in Settings (each pair other MN !!!)

SUPPORT: After PURCHASING send me screenshot of confirmation screen via MQL site, I will provide then personal email to assist you in case of problems. Please rate if you are happy with HEISHI, if you encounter problems get in touch with me before smashing any bad rating, thanks:) I will try to help and keep HEISHI a sharp tool.

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Version 1.1 2020.10.08

problem with Indi Buffer solved

Heishi Forex Expert Advisor

*** 10 years profitable backtest on EURUSD (Jan 2010 - Jan 2020) *** *** 10 years profitable backtest on GBPUSD (Jan 2010 - Jan 2020) ***

Backtesting (slow due complexity): to retrace (no guarantee for the future, but promising numbers) SEE SCREENSHOTS

Options Menu explained:

* 10 years profitable backtest on EURUSD (Jan 2010 - Jan 2020) *
* 10 years profitable backtest on GBPUSD (Jan 2010 - Jan 2020) *