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Autumn Harvest EA

3

Autumn-Harvest EA


Features

  • Multiple strategies for entry and exit
  • Open buy and sell positions and set applicable amounts for each
  • Smart stop-loss and trailing stops levels
  • EA can be set to only maintain own deals or any open deal
  • eMail and telegram alerts on buy/sell signals ( *Configure the email tab under options for trade opportunity email alerts to work )
  • Monitoring using heartbeat checks


    About

    This EA is capable of opening trades using various strategies.

    Once the trades are open it also manages them and closes them accordingly based on profit targets or loss tolerance levels.

    The strategies used are mostly derived from the teachings of Oliver Velez e.g moving averages and their spacing.

    Timeframes

    The EA and its strategies work on any timeframe. However, my preferred time-frame is the 2 and 5 minute, and occasionally the 1 minute.

    Stop-loss

    The use of stop-loss is highly recommended to ensure that losses are kept under control. Oliver advises that a trade should be killed once the reason for entering has been invalidated. As such, one should never lose more than one bar since the entries are usually based on the bar formations, especially the bar preceding the current one.

    Profitability:

    The truth is that markets and trading are largely driven by human sentiment and as such it is currently difficult to code a successful/profitable EA that can beat competent human/manual traders. Luckily this market behaviour does result in repeating patterns that can be coded and traded through technical analysis and price action.

    On its own and using conservative risk management without drawdowns, this EA has been tested to break even. Meaning it wins some trades and loses some so over a given timeframe the balance remains the same. However it is quite flexible in settings that can be tweaked so it can be made profitable based on one’s risk appetite. More risk equals better rewards so each person needs to decide whether they are willing to endure drawdowns for more profit.

    Ideal use-cases:

    In my case I use the EA mostly for its trade management capabilities. While I do let it enter trades automatically, the lot size or amount used is a ⅕ of what I use when trading manually


    Code and License

    The source code for this EA is released under GPL v3 and is available at https://github.com/wait4signal/autumn-harvest/blob/main/AutumnHarvest.mq5


    Getting Started


    Installation:

    You need to attach the EA to the corresponding chart for each instrument you want to trade/manage.   

    If the chart already has another EA then you can just open another chart for this one.

    You can then configure accordingly.


    Monitoring:

    The EA can be set to send health checks to a monitoring server so that alerts can be sent out if no heartbeat pings are received within a set timeframe.

    We recommend the https://healthchecks.io/ platform for this as it is open-source and supports a large number of alerting mechanisms such as email,telegram,phone call etc. Plus it offers up to 20 free monitoring licenses.

    Alert interval needs to be longer than heartbeat interval e.g if heartbeat is set to 5 minutes then on the monitoring server you can set alerting to something like 7 minutes so that you get notified if the terminal has not sent a ping in 7 minutes.

    *Configure the healthchecks server URL in expert advivsor tab under options for this to work 


    Terminal global variables:

    The following global variables can be set at terminal level to control certain program behaviour:

    Variable Description [valid values in brackets]
    LOG_LEVEL

    Sets log level: [ 0 | 1 | 2 | 3 | 4 ] where

    LOG_NONE  = 0

    LOG_ERROR = 1

    LOG_WARN  = 2

    LOG_INFO  = 3

    LOG_DEBUG = 4

    TOTAL_ALLOWED_USED_MARGIN
    Total amount allowed for used margin, EA won't open new trades beyond this total 
    PAUSE_ORDER_OPENING
    Pause trading for all symbols, paused if value greater than 0...but still maintains open positions
     PAUSE_POSITION_MAINTENANCE Pause position maintenance for all symbols, paused if value greater than 0...position closing and SL adjustment will be done manually


    Settings:

    See the following link for detailed explanation of the available settings:

    https://github.com/wait4signal/autumn-harvest/blob/main/Autumn-Harvest-settings.md



    Support:

    Bug reports and Feature requests should be logged on the project GitHub page.

    İncelemeler 4
    AhmedTSayed
    16
    AhmedTSayed 2022.05.22 08:44 
     

    Finding the right combination of parameters is great to figure out. Thanks for making it a little easier than others. Very good EA, thanks for offering it.

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    ONLY 3 COPIES OUT OF 10 LEFT AT $399! After that, the price will be raised to $499. - REAL SIGNAL: Default Setting:  https://www.mql5.com/en/signals/2258186 Gold Trading AI is an EA that uses artificial intelligence technology to analyze data of many indicators. From there, EA will have the best option to enter orders. The biggest difference of Gold Trading AI is that the EA can control the Risk:Reward ratio much better than other EAs.That is possible thanks to a set of tools to control entry
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    Yazarın diğer ürünleri
    Sharing-Is-Caring Trade Copier Features Local & Remote copy One tool can act as provider or receiver of trades Co-exist with other positions opened manually or from other expert advisors Can be stopped and restarted at any time without any issues such as deals getting closed mysteriously Copy same lot or adjust according to your balance and leverage Partial close/open Manage max funds to use One provider can copy to unlimited number of receivers One receiver can copy from unlimited number of
    FREE
    I find the lot calculation tedious so I just use this script and tell it the dollar amount to use. It then does the rest. This works for any currency. How-To: Open a sell position using the desired dollar amount instead of lots. To use, just drop it onto a chart and set inputs as needed. The script will then do the necessary lot calculation and open the trade. Inputs: FIXED_DEAL_AMOUNT: Fixed amount to use per trade e.g 100 to open a R100 deal USE_SL_ON_BUY: If true then a suitable stoploss
    FREE
    I find the lot calculation tedious so I just use this script and tell it the dollar amount to use. It then does the rest. This works for any currency. How-To: Open a buy position using the desired dollar amount instead of lots. To use, just drop it onto a chart and set inputs as needed. The script will then do the necessary lot calculation and open the trade. Inputs: FIXED_DEAL_AMOUNT: Fixed amount to use per trade e.g 100 to open a R100 deal USE_SL_ON_BUY: If true then a suitable stoploss w
    FREE
    I find the lot calculation tedious so I just use this script and tell it the dollar amount to use. It then does the rest. This works for any currency. How-To: Creates a sell limit order at chosen MA price using the desired dollar amount instead of lots. To use, just drop it onto a chart and set inputs as needed. The script will then do the necessary lot calculation and create a sell limit order. Inputs: FIXED_DEAL_AMOUNT: Fixed amount to use for the trade e.g 100 to open a R100 deal MA_PRICE
    FREE
    I find the lot calculation tedious so I just use this script and tell it the dollar amount to use. It then does the rest. This works for any currency. How-To: Creates a buy limit order at chosen MA price using the desired dollar amount instead of lots. To use, just drop it onto a chart and set inputs as needed. The script will then do the necessary lot calculation and create a buy limit order. Inputs: FIXED_DEAL_AMOUNT: Fixed amount to use for the trade e.g 100 to open a R100 deal MA_PRICE: 
    FREE
    Filtrele:
    AHMED NOUR ELDEEN
    650
    AHMED NOUR ELDEEN 2023.11.02 15:01 
     

    Kullanıcı incelemeye herhangi bir yorum bırakmadı

    AhmedTSayed
    16
    AhmedTSayed 2022.05.22 08:44 
     

    Finding the right combination of parameters is great to figure out. Thanks for making it a little easier than others. Very good EA, thanks for offering it.

    Wait4Signal
    3772
    Geliştiriciden yanıt Bhekinkosi Gabela 2022.05.25 12:04
    Thanks Ahmed for trying it out, hope you find it useful in your trading.
    ebiotuburutu
    94
    ebiotuburutu 2022.02.24 17:10 
     

    Kullanıcı incelemeye herhangi bir yorum bırakmadı

    Wait4Signal
    3772
    Geliştiriciden yanıt Bhekinkosi Gabela 2022.03.28 13:52
    As noted in the documentation, there is no silver bullet. The most sensible parameters are already set as defaults.
    ThorstenKock
    2584
    ThorstenKock 2022.02.01 01:46 
     

    Huge harvest for the broker LOL

    Wait4Signal
    3772
    Geliştiriciden yanıt Bhekinkosi Gabela 2022.02.01 19:00
    Hey man at least you tried it out. Unfortunately it did not work in your use-case so no worries
    İncelemeye yanıt
    Sürüm 1.2 2022.06.06
    Added support for telegram alerts.