Heiken Ashi EA ΜΤ4 is a fully automatic EA for trading classic or smoothed Heiken Ashi candles using a completely new approach. The Expert Advisor Heiken Ashi MT4 opens one trade after the first candle of a different color and the opposite trade every time the Heiken Ashi color changes. It is possible to use this advisor by opening the first trade after the 1st Heiken Ashi candle of a different color and then opening a new trade of the same direction on each candle, as long as the color of the Heiken Ashi candles remains unchanged. A number of unique settings make this EA extremely versatile, such as the ability to limit the distance between orders of the same direction to avoid too many trades on similar levels, or the offset setting, which makes the EA wait for the best price on each new candle. . At the same time, you can control the profit and/or loss of your trading account at the basket level for all your open positions combined. A moving average filter is also available to skip open trades that are not following the current trend.
This EA comes with new file sets for many symbols/tools specifically optimized for ICMarkets ECN Raw Spread accounts (GMT 3 New York time zone servers). Other brokers or account types may be used, but you may need to make any necessary time adjustments to match your broker/account.
Before testing or using Heiken Ashi EA MT4, put this smoothed Heiken Ashi indicator for MT4 into your MT4 >> File >> Open Data folder >> MQL4 >> Indicators folder and restart your MT4 terminal.
Product installation | Heiken Ashi EA MT4 Settings/Inputs Guide | Heiken Ashi EA Testing on MT4 2021 History | Heiken Ashi EA MT4 Set Files | Update purchased product
- Martingale, grid, averaging or other dangerous methods are not used.
- A new trade on every new Heiken Ashi candle of the same color
- A variant of traditional Heiken Ashi candle trading
- Trading with classic or smoothed Heiken Ashi candles
- Limiting the distance between orders of one direction
- Moving average trend filter
- MACD filter, helps eliminate false signals
- Tough and virtual Take Profit and Stop Loss levels
- SL, TP, BE and Trailing SL levels as a percentage of the daily average
- TP, SL, BE and Trailing SL in % for all open positions combined
- 10000 activations to use the product forever
- 100% Automated EA
- Compatible with MQL5 VPS
How to use Heiken Ashi EA MT4?Before you test or use Heiken Ashi EA MT4, put this smooth Heiken Ashi indicator for MT4 into your MT4 >> File >> Open Data folder >> MQL4 >> Indicators folder and restart your MT4 terminal.
You must attach Heiken Ashi EA ΜΤ4 to the chart of the desired currency pair(s) in your MT4 terminal and click on Auto Trading. If you are using an MQL5 VPS, you need to sync with your MQL5 VPS in order to transfer your trading environment to the virtual server (right click on the MQL5 VPS in the "Navigator" >> Sync Expert Advisors, Indicators).
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#tags heiken ashi expert advisor robot bot heiken ashi classic smoothed candles heiken ashi ea expert advisor robot bot