Hannah EA Forex Robot
Hannah EA Forex Robot is an automated Order Blocks Forex Robot that is Free to Download. This article will discuss Order Blocks Forex Robot, an expert advisor which implements the Regression channel and Order blocks strategy, and how it can help you achieve a consistent return on investment.
Hannah EA is a unique trading expert advisor that combines the principles of Order Blocks and Regression Channel analysis to deliver impressive results. With a recommended minimum balance of just 100 USD, this expert advisor targets a monthly return of 10%-15%, providing traders with a profitable and low-risk trading strategy. The EA operates on both 1-hour and 15-minute timeframes, ensuring maximum precision and adaptability to different market conditions.
How Order blocks Works
Order Blocks is a technical analysis technique that identifies the accumulation (bullish) and distribution (bearish) of orders from institutional traders and banks, such as Central banks. This technique has proven to be highly reliable, making it one of the most secure trading methods in the present market. The key to success with Order Blocks is patience, as traders must wait for the right moment to enter or exit a trade.
How Hannah EA Works:
Identifying Order Blocks: Hannah EA first identifies areas in the market with a high concentration of orders from institutional traders and banks. These areas serve as significant support and resistance zones.
Waiting for Price Action: Once an Order Block is identified, Order Blocks Forex Robot patiently waits for the price to reach the designated zone. This ensures that the trade is entered at an optimal point, increasing the probability of success.
Regression Channel Analysis: To further refine the entry point, EA employs a regression channel, which helps to identify the trend and potential reversal points. This additional layer of analysis ensures that trades are opened at the most favorable moments.
Analyzing Volatility: It evaluates the current market volatility before opening trade to determine an appropriate time to enter the trade. In periods of low volatility, the EA is designed to thrive, ensuring that trades are opened only in favorable market conditions.
One-Shot Trade Execution: Unlike other EAs that use risky strategies like martingale, Hannah EA executes a one-shot trade. This means it opens a single trade without additional risk or compounding.
Finally, It comes with a comprehensive set of “.set” files, offering users a choice of 6 optimized set files. These set files have been developed using advanced genetic algorithm techniques, maximizing profit factors while minimizing the potential for drawdown.
It does not use dangerous trading methods like martingale, grid, etc. it executes 3-8 trades a month. It also can go days without taking any trades. All transactions are always protected by a Stop Loss and take profit.
Recommendations for Order Blocks Forex Robot
Minimum account balance of 100$.
Work best on AUDJPY, NZDJPY, USDJPY, CADJPY, EURGBP, XAUUSD (Work on any pair)
Work best on M15 and H1 TimeFrames. (Work on any TImeframe)
There are optimized set files given for best pairs. (please use the given set files; otherwise, EA might not open any trades)
If you want to work this EA with other pairs, you may need to play Input Parameters.
This Order Blocks Forex EA should work on VPS without interruption. So we recommend running this free forex EA on a reliable VPS
