below You can download attached korHarmonics EA for automatic harmonic trading, based on korHarmonics indicator.
Hi there. this EA doesn`t work
Thanks for postin any way
maybe here in this forum there are traders more experienced than me, but I can say I tried an expert some time ago based on harmony (not exactly on the indicator of ko4x, but it was based on a Zup). The result is unacceptable at all, so I prefer to betray this manual style.
But I remain open-minded, so if you have tests, screenshots or whatever, I'll be curious to see them.
I just installed the korharmonics EA on a demo account, and must say the result is great. In about two hours, it placed five sell orders on EURO/USD 1 minute chart, and so far there are 450 pips in profits.
But there are significant differences between this EA and the korHarmonic 6.7.13 indicator. In one case the 6.7.13 indicator showed a bullish O2O pattern, and at the same time the EA placed a sell order. In other case, the indicator shoved a bearish diagonal triangle and in this case the EA placed a sell order. in the other three cases, the indicator showed no pattern at all, but the EA placed sell orders.
How this EA works ? It shouldn't display the identified patterns, while placing orders ? That would help a lot.
And I think there should be some instructions about the parameter settings (stop/losses, take-profits, trailing stops, etc.)
Can you Robert make a user manual for this ea pls
hello guys, my first post in this forum, i hope it will be helpful to the community
did you try on live account yet, if yes then what are the results. also pls tell me did you use EA with default settinggs or modified it, pls let me know if there is anything important that needs to be modified in the EA.
it would be great if u can explain parameters in the EA....
thanks and looking fwd to ur response.
Originally Posted by dezire
is this EA working, doesnt place any order...... do we have to change the TF to 0 in order to use EA on current TF .......... as originally TF is set to 60.. willl appreciate if anyone can reply.
I installed the EA on nine different curencies and on Gold, set the time frame to 5 minutes, and closed manually all trades at the end of the day, or on the next day. Although it made over 900 pips in just four days, I would never use this EA with real money, mainly because it does not display any patterns at all. So it's like trading blindly. Each time it placed a trade, I used the korHarmonics 6.7.13 indicator to identify the harmonic patterns on wich the EA decided to place a trade. In most of the cases, the indicator did not identified any harmonic pattern, on any time frame at all. So I really don't know on what is based the decision to take or not a trade. The only thing I could conclude is that this EA places trades against the main trend, but in many cases the trend continued an high losses were made.
So I'm not convinced at all about this EA.
I still don't have it working. I placed the file in the experts/indicator folder too. any suggestions here?
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