HARVESTA HAS LIVE MONITORING WITH VERY GOOD RESULTS, LOW DRAWDOWN AND OVER 20 YEARS OF STABLE BACKTEST RESULTS
Havesta is an Expert Advisor that makes use of “PROBABILISTIC APPROACH” to trade the congestion zones using the demand and supply principles. It trades all the currency pairs on the 15 minutes time frame
It is smart, robust, not adversely affected by any broker, leverage, and slippage but it is recommended to use a very good ECN broker with low spread and leverage of 1:500. e.g. ICMarkets standard account.
RECOMMENDED BALANCE: $3000 (USE THIS FOR BACKTESTING) LOW RISK FOR ALL PAIRS
MINIMUM BALANCE: $1000 (ONLY USE THIS FOR LIVE TRADING) HIGH RISK
RECOMMENDED PAIRS $1000 : NZDCAD, GBPNZD, AUDCAD, AUDNZD, NZDUSD, EURGBP, USDJPY, NZDCH, EURAUD, GBPAUD, GBPCAD.
EXCEPTIONAL FEATURES OF HARVESTA
- 100% AUTOMATED
- SINGLE CHART SETUP (ONE CHART SETUP)
- NEWS FILTER
- DOWNLOAD AND RUN THE BACKTESTING
- SUPPORTS MULTIPLE CURRENCY PAIRS
- TRADES THE CONGESTION ZONES USING DEMAND AND SUPPLY PRINCIPLES
- DRAWDOWN: LESS THAN 30% (TIGHTLY CONTROLLED)
- USES STOP LOSS, HIDDEN AND DYNAMIC TAKE PROFIT
- TESTED WITH OVER 20 YEARS OF TEST DATA (2000 – 2022)
- CAREFULLY AND CORRECTLY PROGRAMMED
- EASY TO INSTALL; SETTINGS ARE ALREADY CONFIGURED
- USES SAFE RECOVERY FACTOR TO RECOVER LOSSES (1:1)
Harvesta is easy to install and has the default settings already configured. Download the EA into your Expert folder in MQL4 folder and attach it to NZDCAD on 15 MINUTES TIME FRAME. Do not hesitate to contact me in private message after purchasing this product and if you have any challenges during installations.
DESCRIPTION OF PARAMETERS:
LOT: This is the lot size and it is fixed.
RISK PERCENT: This is also lot size based on the account size and it increases as account size increases and decreases when account size decreases. Risk Percent must be set to 0.4 for every $3000 account.
MAX ACCOUNT LOT SIZE: This is the sum of all the lot size of the open positions. This useful for PROP firm trading conditions.
USE RECOVERY: This must be set to true.
RECOVERY ADDITION %: This is the lot size at which the EA uses to recover losing trades. It increases as account size increases and decreases when account size decreases. This must be double of Risk Percent and used when using risk percent!
RECOVERY ADDITION FIXED: This is fixed lot size at which the EA uses to recover losing trades. It does not increase or decrease, must be double of LOT and must be used when using LOT.
PAIR PREFIX: Please enter the pair prefix if your broker uses a PREFIX.
PAIR SUFFIX: Please enter the pair suffix if your broker uses a SUFFIX.
ENTER PAIRS SEPERATED BY COMMAS: This is where you enter the currency pairs the EA trades for 1 chart setup. Please do not leave any spaces between the pairs.
ALLOW NEWS FILTER: This must be set to “TRUE” if you want to use the news filter. Harvesta works very well even without the news filter because of the trading strategy but this is an extra measure to safegaurd the account, increase accuracy, profitability and number of pairs. Please ensure you anable web reuest for this URL: https://nfs.faireconomy.media/ff_calendar_thisweek.xml for news filter.
NOT TO OPEN TRADES XX MIN BEFORE NEWS: This is already set to 30 munites but can be edited by the user.
NOT TO OPEN TRADES XX MIN AFTER NEWS: This is already set to 30 munites but can be edited by the user.
NOTE: News filter does not work on backtesting and the results may be different for live trading. Always use the SIGNAL MONITORING for your assessment.
Past performance shows the likelihood of the EA being profitable in the future but does not mean that it will produce the exact results in the future. The Forex market is dynamic and it is always recommended to run first on demo account to know and understand how it executes trades, takes profits, recovers draw downs and losses before deploying it on the live account.
Please I sell my Expert Advisor only on this account on mql5.com. If you see my advisor for sale on another account on this platform or other platforms, they are fake and kindly report to me.
Image and article originally from www.mql5.com. Read the original article here.