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Heiken Ashi Pivot Points Advanced

How it works:

It is trading only in the trend direction using Heiken Ashi and Pivot Points to detect & manage entries.

In addition to Heiken Ashi as a signal entry, it is working to determine the Pivot Point levels as it is a great tool to show where the Support and Resistant lines then to allow the expert place SL/TP upon the given levels.

It is really a full trading environment

In addition, it draws the Pivot Point Line and its Support/Resistant lines as you know.

See details below:

  1. Pivot Point: PP Pivot Point = (Previous High + Previous Low + Previous Close) / 3
  2. Resistant 1: R1 Resistance Level 1 = (2 * Pivot Point) - Previous Low
  3. Resistant 2: R2 Resistance Level 2 = (Pivot Point - Support Level 1) + Resistance Level 1
  4. Resistant 3: R3 Resistance Level 3 = (Pivot Point - Support Level 2) + Resistance Level 2
  5. Support 1: S1 Support Level 1 = (2 * Pivot Point) - Previous High
  6. Support 2: S2 Support Level 2 = Pivot Point - (Resistance Level 1 - Support Level 1)
  7. Support 3: S3 Support Level 3 = Pivot Point - (Resistance Level 2 - Support Level 2)


  • Strategy:
    1. Strategy 1: Pivot Point Level Break Out (example screenshot attached).
    2. Strategy 2: Heiken Ashi Prev. Candle High/Low Break Out (example screenshot attached).
  • Magic Number: The Trades' Magic Number.
  • Lot Type:
    1. Fixed
    2. Auto Lot Size
    3. Advanced Money Management

    If Lot Type = Fixed

    Then Lot Size = The Fixed Lot Size what ever the account balance is.

    If Lot Type = Auto:

    Then Lot Size will be = Account Balance / calculated amount * calculated lot;

    calculated amount is the Amount for Auto Lot

    calculated lot is the Auto Lot Size Each Amount you defined to be calculated with the Amount for Auto Lot

    Example: You have entered the value of Amount for Auto Lot = 100

    & The value of the Auto Lot Size Each Amount Entered as = 0.01

    While your current account balance is 900$

    Then any placed trade will open 0.09 lot size, as 900/100*0.01

    If your account balance is 300$ then the lot size would be 0.03

    If Lot Type = Advanced Money Management

    the lot size will be calculated as below formula:

    Advanced Money Management Lot = Account balance * Risk Management(%) / stop loss pip

  • Fixed Lot Size (Lot Type: Fixed): when selection is Manual mode, this value of the lot size will be same whatever the account balance.
  • Amount (Lot Type: Auto): When you select the Lot Type = Auto, the lot size will be calculated on the entered balance that you entered in the EA inputs.
  • Lot Size Each Amount (Lot Type: Auto): Would be calculated with the Amount you defined in the EA inputs for Auto Lot Size.
  • Percentage (Lot Type: Advanced Money Management): Account balance * Risk Management(%) / stop loss pip
  • SL & TP Type:
    1. Classical by Pips
    2. Pivot Point Levels
  • Stop Loss in Pips (Classic Only)
  • Take Profit in Pips (Classic Only)
  • Stop Loss (Pivot Points Only)
  • Take Profit (Pivot Points Only)
  • Max. Slippage: Maximum Slippage in points.
  • Lines color: PP lines color.
  • Lines style: PP lines style.
  • Lines width: PP lines width.
  • Pivot Point Lines Time Frame
  • Enable Trailing Stop: True: will enable the Trailing Stop. False: will disable the trailing stop.
  • Trailing Start: The value in points, where the orders modification of Stop Loss should happen.
  • Trailing Stop: The update of Stop Loss in points. It will be updated when the value of Trailing Start has reached.
  • Trailing Step: The Trailing Step is used in conjunction with the Trailing Stop.
  • Close All in News: Enabling this option could stop trading (and close all opened trades) in the minutes of news.
  • BeforeNewsStop - time in minutes before the news for the EA to pause operation, for example, 5 minutes before the news release. The EA switches to "News time" mode.
  • AfterNewsStop - time in minutes after the news for the EA to pause operation, for example, 5 minutes after the news release. The EA deactivates the "News time" mode.
  • NewsLight, NewsMedium, NewsHard - enable downloading weak, medium and strong news.
  • offset - Time zone (GMT).
  • NewsSymb - list of all currencies, for which the news should be downloaded. If empty, currencies of the current symbol are used.
  • DrawLines - draw lines on the chart.
  • Next - draw only the upcoming news, do not draw the past news.
  • Signal - alert about the approaching news at the distance of BeforeNewsStop minutes.

It is working with any broker, any pair, any time frame, any Account Type and any condition.

2017.05.26 15:30 

How someone gives 1 star!

at least it is promising

not a scam product

Mohammad Ferdous Bin Shahid
2017.05.12 09:41 

Author did not provide Backtest Report for this product even after almost 1 month of request.