[Free EA] Haven Trail EURUSD

Haven Trail EURUSD is a breakout EA for EUR/USD (EURUSD). Attach it to a 30-minute chart.

How it trades

Between 4 and 23 server time, it places a buy stop 12 pips above the current price and a sell stop 12 pips below it, and enters in whichever direction price breaks out. An unfilled stop order is re-placed only when at least 60 seconds have passed since it was last placed and it has drifted more than 5 pips from the position calculated from the current price.

For 60 minutes after either order is filled, no new stop orders are placed (the remaining opposite stop order keeps being re-placed as usual). There is at most 1 buy and 1 sell position, and both can be open at the same time (2 positions at most in total).

Each order carries a stop loss of 20 pips and a take profit of 80 pips. When the floating profit reaches 10 pips, the stop loss is moved to entry price +5 pips, and after that, every time the gap between price and stop loss exceeds 10 pips, the stop loss is pulled closer by 5 pips. It works the same way for buys and sells.

Outside the trading hours, unfilled stop orders are cancelled. Open positions are held until they reach the stop loss or take profit.

Parameters

• Lot size (default 0.01)
• Maximum spread (default 2.0 pips): while the spread is above this, no new stop orders are placed (0 turns it off)
• Stop order distance (default 12 pips), stop loss (default 20 pips), take profit (default 80 pips)
• Trading hours (default 4 to 23, server time)
• Time without new stop orders after a fill (default 60 minutes)
• Friday close time (default 0 = off): when set, from that time on Friday this EA's positions are closed and its stop orders are cancelled
• Magic number

This EA only touches its own orders, identified by magic number and currency pair. It is for EURUSD only and stops automatically if attached to a chart of any other currency pair.

Notes

• Trading hours are judged by the broker's server time. On accounts with a different server time, the hours you actually trade (in your local time) will change.
• Stop orders can be filled with slippage. In fast markets, the stop loss may be filled at a worse price than set.
• Buy and sell positions can be held at the same time. It cannot be used on accounts that do not allow hedging.

EURUSD 30-minute chart backtest

Tested with real tick data (modeling quality 99.00%), a spread of 2.0 pips, an initial deposit of 10,000 dollars and the default parameters.

* A backtest is a test on past data and does not guarantee future results.

Frequently Asked Questions

Can I use the EA right after purchase?

Yes. The EA file (.ex4/.ex5) becomes available for download from your account page immediately after payment completes.

Does it support MT4 or MT5?

Platform compatibility varies by product. Please check the "Supported Platform" field on each product page. Many EAs support both MT4 and MT5.

Can I try EAs on a demo account?

Most EAs do not support running on demo accounts. To help you decide before purchase, every EA's backtest results are shown in the "Backtest" tab and forward test performance in the "Performance" tab on each product page.

What is the recommended margin or lot size?

Recommended settings are listed for each EA in the "Product Details" section of its product page. Excessive lot sizing can cause catastrophic losses at maximum drawdown.

Can I change my licensed account?

After purchase, go to "Licensed Account Switch" on My Page and enter the MT4/MT5 account number you want to bind. The change applies immediately. You can change once per 24 hours.

Are refunds or returns available?

Due to the nature of digital products, we generally cannot refund or accept returns after the authentication code has been issued. However, if the EA itself has a critical defect that prevents operation and the fault lies with us, we will handle the case individually. Please contact us via the inquiry page.

Do backtest results match live performance?

Backtest results are theoretical values based on historical data, while forward tests reflect live environment performance. Systre publishes forward test data for every EA on its product page so you can verify live performance before purchase. Spread and execution delays typically cause some divergence between backtest and live results.

Parameters

Trading Info

Recommended Fund: 200

Expected Monthly Return: 0.09%

This data is based on a 0.01 lot size. Actual performance may vary depending on your lot size.

Entry Condition

Between 4:00 and 23:00 server time, the EA places a buy stop 12 pips above the current price and a sell stop 12 pips below it, and enters in the direction of the breakout. Pending orders are moved only after 60 seconds or more and when they are more than 5 pips off. No new pending order is placed for 60 minutes after a fill. At most one buy and one sell position.

Close Condition

Each order carries a 20-pip stop loss and an 80-pip take profit. When the floating profit reaches 10 pips, the stop loss moves to entry +5 pips; after that it is pulled in by 5 pips each time the price is more than 10 pips away from it. If a Friday close hour is set, positions are closed from that hour (off by default).

Favorable Market

Markets that keep moving in the same direction after breaking through the 12-pip stop level.

Unfavorable Market

Markets that swing back and forth within about 12-20 pips and quickly return after touching the stop level.

Avoid Trading Timing

Around ECB and Federal Reserve policy announcements, US employment data, US CPI and other releases that can move price sharply and cause slippage.

Recommended Operation

A breakout EA that puts a 20-pip stop loss on every order and pulls it in as profit builds. It may hold a buy and a sell at the same time, so use it on an account that allows hedging.