Havana EA
- Experts
- Bailey John Wickens
- Version: 8.0
- Updated: 25 May 2024
- Activations: 20
Introducing Havana EA: a sophisticated algorithm designed for traders of all levels, with a particular emphasis on US30 trading. This breakout strategy identifies unique patterns and trends to capture optimal breakouts from specific levels. Havana is user-friendly, featuring a straightforward setup with minimal inputs to ensure simplicity. Upon placing a trade, Havana employs an advanced Trailing Stop Loss System (TSL) to manage risk by cutting losses short while maximising winning positions. It's a simple yet effective set-and-forget EA. Rigorous testing on premium tick data ensures reliability and realism in our testing datasets.
Havana EA uses NO martingale or grid strategies!
Must Be Tested & Used on a Low Spread Account Otherwise TSL Will Not Work
Suitable for prop firm trading!
Recommended Setup:
- Pair - US30
- TimeFrame - M15 Only
- Broker Type - Raw ECN Low Spread
- Settings - Standard Inputs
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)
TRADE STRATEGY:
- Timeframe - Timeframe used for entry calculations
- Entry Model Sensitivity:
- Dynamic TP (Points) - How far in profit the take profit moves to once TSL is activated
- Stop Loss (Points) - Stop Loss for Each Trade
TRADE MANAGEMENT:
- Trading SL Start (Points) - The trailing stop loss trigger distance
- Trailing SL Distance (Points) - The distance the trailing stop loss is trailed
MOVING AVERAGE FILTER:
- Use MA Filter - Choose to use a moving average trend filter - only trade in the direction of the trend
- MA Period - The moving average period for calculating the filter
- MA Method - The method for calculating the Moving Average Filter
- MA Price - The moving average applied price
TRADING DAYS:
- Trade Monday - Choose if you want the EA to trade on Monday
- Trade Tuesday - Choose if you want the EA to trade on Tuesday
- Trade Wednesday - Choose if you want the EA to trade on Wednesday
- Trade Thursday - Choose if you want the EA to trade on Thursday
- Trade Friday - Choose if you want the EA to trade on Fridays
- Trade Sunday - Choose if you want the EA to trade on Sunday
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.