Hannah EA is a fully automated Order Blocks Forex Robot available for free download. By leveraging the powerful combination of Order Blocks and Regression Channel strategies, this Expert Advisor (EA) offers traders a unique, low-risk approach to generating consistent returns. With a recommended starting balance of just $100, Hannah EA targets a monthly ROI of 10-15%, making it an appealing choice for traders looking to maximize profitability with minimal risk.
This EA is designed to work on both 1-hour (H1) and 15-minute (M15) timeframes, adapting seamlessly to various market conditions for enhanced accuracy.
Understanding the Order Blocks Strategy
Order Blocks is a method that identifies areas where large institutional traders, such as banks and central banks, are accumulating (bullish) or distributing (bearish) orders. These zones, once identified, serve as critical support and resistance areas, offering high-probability trading opportunities. Patience is key to this method, as it relies on waiting for optimal entry and exit points. 
How Hannah EA Works
- Identifying Order Blocks: Hannah EA identifies high-concentration areas of institutional orders, which act as strong support and resistance zones.
- Waiting for Price Action: Once an Order Block is located, the EA patiently waits for the price to reach this zone, ensuring optimal entry timing.
- Regression Channel Analysis: To refine its entries, Hannah EA uses regression channel analysis, helping it detect trends and potential reversals with greater precision.
- Volatility Assessment: The EA evaluates market volatility before entering trades, favoring periods of low volatility for a higher likelihood of success.
- One-Shot Trade Execution: Avoiding risky strategies like martingale or grid, Hannah EA places a single, well-timed trade, further enhancing safety and control.
Optimized Set Files and Protective Features
Hannah EA includes six optimized “.set” files, developed through genetic algorithms to maximize profit and minimize drawdown. With a conservative approach, the EA opens around 3-8 trades per month and occasionally goes several days without taking any trades. Each trade is protected by a Stop Loss and Take Profit to safeguard your investment.
Recommendations for Using Hannah EA
Minimum Account Balance: $100.
Best Currency Pairs: AUD/JPY, NZD/JPY, USD/JPY, CAD/JPY, EUR/GBP, and XAU/USD (compatible with other pairs).
Optimal Timeframes: M15 and H1 (can operate on any timeframe).
Recommend running this free forex EA on a VPS (Vultr)
Low Spread ECN account is also recommended Icmarket and Exness
Optimized Set Files: For best results, use the provided set files. For trading on other pairs, manual adjustment of input parameters may be necessary.
