Herakles Index EA

It ships configured for DJ30, US500 and USTEC — the Dow, the S&P 500 and the Nasdaq. Those three are what the Labours were developed against, so start there. The catch is that index symbol names are not standardised: what one broker calls DJ30 another calls US30, WS30 or DJIA. Open Market Watch, find the exact names your broker uses, and put those in the Instruments list. If a name does not match, Herakles simply will not trade that instrument.

No. Every Labour is a complete strategy in its own right, with its own magic number and its own positions, so you can run all twelve, a handful, or a single one. All twelve are enabled by default because that is the point of the EA — twelve unrelated ideas sharing one account means no single one has to be right for the portfolio to work. Turning one off never touches another Labour's open trades.

No. There is no martingale, no grid and no averaging down anywhere in it — a losing position is never reinforced. Position sizing comes from your risk setting and the stop distance, and every trade carries a stop from the moment it opens. The way Herakles spreads risk is by holding many independent positions from unrelated strategies, not by stacking more size onto a trade that is already wrong.

The stop is measured in multiples of each instrument's average daily range rather than in points. A points-based stop is meaningless across a portfolio where one index trades near 44,000 and another near 8,000 — the same number would be a scratch on one and a catastrophe on the other. Sizing the stop by daily range means it means the same thing on every instrument, and it widens or tightens by itself as volatility changes.

Yes. The Labours are fully independent and two of them can legitimately hold opposite positions on the same index at the same time. On a netting account those would cancel each other out and the portfolio would not behave as designed. Make sure your MT5 account is the hedging type — both partner brokers offer it.

It is recommended rather than required. The Labours work off higher-timeframe signals, so Herakles is not latency-sensitive the way a scalper like Ares is — a few hundred milliseconds makes no difference to it. What a VPS does buy you is uptime: if your home PC sleeps or your connection drops when a signal fires, you miss that trade entirely. If you are running it on real money, a VPS is worth the small monthly cost.

You can, but it was not tuned for prop rules. There is no news filter and no master switch to close everything at a profit target, so the daily-loss and maximum-drawdown limits are yours to manage. The slower timeframes work in your favour compared with a scalping EA, but if prop trading is your main goal, ORB Revolution is the tool that was actually built for it. Configure carefully and test on a demo first.

Either partner broker works. The thing to check before you open the account is the index range: spreads, the exact symbols offered and the contract sizes all differ between brokers, so confirm that DJ30, US500 and USTEC — or your broker's equivalents — are actually quoted on the account type you are opening. The broker comparison on the main page covers the rest.

Because a live, independently verified track record is worth more than a historical simulation, and that is the direction the whole site is moving in. Herakles is new, so its live account is still building history — the moment there is something real to show, this page will display the verified Myfxbook curve automatically. In the meantime, run your own backtest: the settings are all documented above and you should always test an EA yourself before going live.