New Horizons EA Review

Hello everyone, New Horizons EA This is a very stable robot that is working profitably.
time frame : M15
Pairs: AUDUSD. EURUSD, EURCHF. EURGBP, EURJPY, USDCAD, GBPCAD, AUDJPY, EAUAUD.
for news filter, go to tools, expert advisors, and then add http://ec.forexprostools.com

New Horizons EA Features Summary

• This EA leverages strategies and algorithms of the two popular strategies, scalping, and grid trading. After tuning it not only takes advantage of the scalper’s high win rate but also the grid system’s high resilience in the case of an unexpected trend.

• A phased setup allows you to fine-tune volume, take-profit, etc. strategies differently at different levels of grid and equity. It also allow the EA to get out of a trending market easily by adjusting the TP target automatically.

• When Time Filtering is activated, the EA will enter the market only during one of the multiple periods of time set up in a day. Auto time-zone detection is implemented to save you the hassle of calculating hours offset.

• News Filtering of the EA is based on the information pulled regularly from investing.com. When scheduled news events approaches that can impact the volatility of related pairs, the EA will not enter the market.

• Stop Loss Setting provides two ways to exit market and get away from further loss.

• Money management enables high equity users to increase their investment. It’s dynamic so that when low equity users make money and their equity pass certain threshold the setting begins to take effect.

General Recommendations:

- Minimal Capital for this EA is $3000 with 1:400 leverage. To ensure safety, it's suggested to add $1000 capital per added traded pair.

- Avoid trading with pairs and sets with high correlation (>0.4), e.g., EURAUD and AUDCHF, EURAUD and AUDUSD

- An ECN broker is always recommended

- A VPS with low latency is always recommended

- Use a different magic number for a different chart if you plan to use it on multiple currency pairs

Broker Requirement :

BROKER NAME	REGISTER	Year Founded	Headquartered	Leverage	Minimum Deposit	Regulating
	Register	2007	🇦🇺 Australia 🇨🇾 Cyprus 🇧🇸 The Bahamas 🇸🇿 Seychelles	1:1000	$200	ASIC, SCB, FSA
	Register	2008	🇨🇾 Cyprus	1:Unlimited	$10	CySEC, FCA, FSCA, FSA, BVI
	Register	2009	🇧🇿 Belize	1:2000	$10	FSC
	Register	2009	🇧🇿 Belize	1:3000	$1	IFCS
	Register	2009	🇨🇾 Cyprus 🇦🇺 Australia 🇧🇿 Belize 🇦🇪 Emirates	1:1000	$5	ASIC, CySEC , IFSC
	Register	2010	🇦🇺 Australia	1:500	$200	FCA , ASIC, DFSA
	Register	2011	🇬🇧 England	1:500	$25	CySEC
	Register	2006	🇪🇭 Ireland	1:400	$100	CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

New Horizons EA Settings:

New Horizons EA Results :

Download  New Horizons EA :

We highly recommend trying the New Horizons EA MT4 for at least a week with ICMarket demo account. Also, familiarize yourself with and understand how this system works before using it on a live account.

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