🧩 What is Havana EA?
Havana EA is a short-term trend & pullback trading Expert Advisor (EA) designed for MT5, operating primarily on M5 timeframe with dynamic money management, optional loss recovery, time-based trading filters, and trailing stop logic.
From the settings shown, this EA is configured for controlled risk scaling, intraday trading, and high trade frequency with strict time control.
🧩 Money Management Settings
| Parameter | Value | Explanation |
|---|---|---|
| Position Size Type | Dynamic | Lot size adjusts automatically based on balance |
| Percent (Dynamic Only) | 0.5 | Uses 0.5% risk per trade |
| Lots (Static Only) | 0.0 | Static lot disabled |
| Use Loss Recovery? | On | EA attempts to recover previous losses |
| Increase Risk By | 8.5 | Risk multiplier during recovery |
| Increase For X Trades | 1 | Risk increases after every losing trade |
➡️ Assessment
✅ Very conservative base risk (0.5%)
⚠ Loss recovery with 8.5x risk increase can escalate drawdown rapidly
✔ Suitable for accounts with good margin buffer
🧩 Trade Strategy Settings
| Parameter | Value | Explanation |
|---|---|---|
| Timeframe | 5 Minutes (M5) | Short-term intraday trading |
| Number Of Bars For Pullback | 2 | Entry after small pullback |
➡️ Assessment
✔ Designed for fast market reaction
✔ Suitable for scalping & short swing trades
⚠ Sensitive to spread and execution quality
🧩 Trade Input (Risk & Exit Control)
| Parameter | Value | Explanation |
|---|---|---|
| Stop Loss (Points) | 10000 | Large stop-loss (acts as emergency SL) |
| Take Profit (Points) | 0 | Fixed TP disabled |
| Dynamic Take Profit | 0 | Disabled |
| Trailing Stop Loss Trigger | 2500 | Trailing activates after 2500 points profit |
| Trailing Stop Distance | 50 | Tight trailing distance |
➡️ Assessment
✔ Trailing stop manages exits dynamically
⚠ Large SL means loss is controlled mainly by equity & recovery logic
✔ Strategy relies on trailing profit rather than fixed TP
🧩 Trend Filter Settings
| Parameter | Value | Explanation |
|---|---|---|
| Use Trend Filter | No | Trend filter disabled |
| Trend Filter Period | 21 | Default EMA period |
| Trend Filter Method | Exponential | EMA logic |
| Trend Filter Price | Close Price | Uses candle close |
➡️ Assessment
⚠ Trend filter disabled → EA trades in both trending and ranging markets
✔ More trades, but higher false signal risk
🧩 Trading Days & Time Filter
🔶 Trading Hours Filter
| Parameter | Value |
|---|---|
| Trading Hours Filter | On |
| Trading Time | 01:00 – 21:00 (Server Time) |
🔶 Trading Days Configuration
| Day | Trading Enabled | Time |
|---|---|---|
| Monday | On | 01:00 – 21:00 |
| Tuesday | On | 01:00 – 21:00 |
| Wednesday | On | 01:00 – 21:00 |
| Thursday | On | 01:00 – 21:00 |
| Friday | On | 01:00 – 21:00 |
| Sunday | On | 01:00 – 21:00 |
➡️ Assessment
✔ Strong protection from rollover & low-liquidity hours
✔ Avoids late-session volatility
⚠ Sunday trading enabled (broker-dependent risk)
🧩 Trade Identification & Visual Settings
| Parameter | Value | Explanation |
|---|---|---|
| Magic Number | 12 | Identifies EA trades |
| Trade Comment | Havana v12 | Version tracking |
| Show Price Tags | On | Visual trade labeling |
| Positive Tag Color | Green | Profitable trades |
| Negative Tag Color | Red | Losing trades |
➡️ Assessment
✔ Clear chart visualization
✔ Easy manual monitoring
🧩 Final Conclusion – Havana EA MT5 Professional Verdict
🔶 Strengths
✅ Dynamic money management with low base risk.
✅ Intraday trading with time-based protection.
✅ Trailing stop-based exit logic.
✅ Clean and professional trade visualization.
🔶 Weaknesses
⚠ Loss recovery multiplier (8.5x) can be aggressive.
⚠ No fixed take profit or tight stop-loss.
⚠ Trend filter disabled → higher exposure in choppy markets.
🧩 Recommended Use Case
- Best for medium to large MT5 accounts.
- Works well on major pairs (EURUSD, GBPUSD, XAUUSD with caution).
- Low spread & fast execution broker required.
- Trader should monitor drawdown regularly.
