• Overview
  • Reviews (8)
  • Comments (11)

PZ Heiken Ashi EA

4.13

This EA trades using the Heiken Ashi Smoothed Indicator. It offers many trading scenarios and flexible position management settings, plus many useful features like customizable trading sessions, a martingale and inverse martingale mode. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

  • Easy to use and supervise
  • It implements three different entry strategies
  • Customizable break-even, SL, TP and trailing-stop
  • Works for ECN/Non-ECN brokers
  • Works for 2-3-4-5 digit symbols
  • Trading can be NFA/FIFO Compliant
  • Implements a martingale and inverse martingale features
  • Filter trading by forex sessions
  • Built-in money management

The EA implements the following entry strategies, that can be enabled or disabled at will:

  • Trade at trend color changes
  • Trade breakouts in the direction of the trend

Additionally, the EA implements four different behaviors:

  • Regular: Buy on bullish signals sell on bearish signals
  • Inverse: Sell on bullish signals and buy on bearish signals
  • Only Buy: Buy only and disregard bearish signals
  • Only Sell: Sell only and disregard bullish signals

Furthermore, it implements four different money management modes:

  • Trade manual lotsize: The EA will trade a fixed lotsize on each trade
  • Auto-calculation of lotsizes: The EA will risk % of the account on each trade
  • Martingale: The EA will double the lotsize after a losing trade
  • Inverse Martingale: The EA will double the lotsize after a winning trade

Input Parameters

  • Heiken Ashi Smoothed - This parameter group holds the Heiken Ashi Smoothed settings.
  • Trading Settings - Enable or disable trading setups and directions.
  • Session Settings - Enable or disable trading for the Assian, European or American sessions.
  • Position Management - This group of settings applies to trading decisions and trade management. You can select trading direction, break-even in pips, trailing-stop in %, trailing-step in pips, stop-loss in pip and take-profit in pips. Optionally, trades can be closed on opposite signals.
  • Money Management - In this settings block you can set the lotsize for the first trade, or allow the EA to calculate it by itself. It also implements a martingale behavior. Entering a manual lot size is recommended.
  • EA Settings - You can select the magic number for the trades, custom comment and manual pip value if you need to override the one the default one. Do not change these unless you know what you are doing.

What to expect

This EA is a general purpose tool which success depends on your understanding of the underlying strategy and your ability to configure it. This EA will not generate profits under all market conditions and does not claim to do so. It is up to you to find the best parameters for each symbol and timeframe using the strategy tester.

Support

I am happy to provide free products but given my limited time, they come without support of any kind. My apologies.

    Author

    Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

    Reviews 8
    home099
    69
    home099 2021.05.22 12:39 
     

    5星,谢谢专家。很多免费的EA让我们使用。配置也很多。

    moke357
    44
    moke357 2020.09.28 06:20 
     

    Very good at free EA.

    prlmtrading
    76
    prlmtrading 2020.01.27 21:05 
     

    This EA, for educational purposes, is brilliant. I have just one doubt: in D TF it is opening all the transactions at 00:00 (for EUUS) but probably we will face the bank roll-over and spread spike. MT4 is unable to test it with these parameters so IMHO I presume that it is not suitable for real trading, but - again - for education is really good. If I'm wrong, please lmk.

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    PAVEL UDOVICHENKO
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    Total P
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    Viktar Rudabelets
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    Project V
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    Andrey Kolmogorov
    Promotional price: only   for the first  4  buyers -  $349 . next   price  $399 . A trading advisor that uses in its work a strategy based on trend and countertrend algorithms, built on the principles of a quantum set of algorithms. When using the standard operating mode, only 1 order is always opened. The order is opened at the beginning of each trading day. By default, no additional set files are required. Signal Default:   EUR/USD Signal Grid:   EUR/USD Signal Martin:   EUR/USD Working
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    Carousel Triple Correlation
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    Stanislau Siatsko
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    Nguyen Van Cho
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    Market Reversal Alerts EA
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    LEE SAMSON
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    The Comeback Kid Manager EA MT4
    The Comeback Kid Manager EA MT4
    Ryan Brown
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    Torpedo Forex
    Torpedo Forex
    Antonis Michos
    Monitoring HERE If you have bought ANY of my Products then you are ELIGIBLE TO JOIN the Private group !!! TELEGRAM group: send me message to add you to our community PRIVATE GROUP(unfortunately there are a lot of scammers to public ones...) Torpedo Forex is my new NEURAL network project using advanced parameters for finding entries such as distances,Candle sizes,candles formations,break outs in an advanced way etc. The EA runs in my Live Signal   Along with Torpedo Gold Reco
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    Punisher scalper ea
    Punisher scalper ea
    Hemza Barour
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    EA Antivirus
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    Vasiliy Strukov
    I am glad to welcome you on the page of my product - I am its author Vasily Strukov. EA Antivirus is a conceptually new automated trading advisor using a scalping strategy. The trading system is multicurrency and is able to trade on  many pairs. The trading system is suitable for both experienced traders and beginners. EA Antivirus uses  pending orders on the broker's server, which initially reduces the risk through delays and slippage. EA need broker with low spead and vps with small pin
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    PZ Sandwich Bars MT5
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    PZ Oscillator MT5
    PZ Oscillator MT5
    PZ TRADING SLU
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    Filter:
    Weztradesman
    44
    Weztradesman 2021.07.22 17:32 
     

    Doing good so far, trying to tweek for the best settings

    home099
    69
    home099 2021.05.22 12:39 
     

    5星,谢谢专家。很多免费的EA让我们使用。配置也很多。

    Babak Alamdar
    1334
    Babak Alamdar 2020.11.29 08:23 
     

    Good free EA. Thanks!

    moke357
    44
    moke357 2020.09.28 06:20 
     

    Very good at free EA.

    Fernando F. Souto
    528
    Fernando F. Souto 2020.05.31 06:10 
     

    User didn't leave any comment to the rating

    Silvi_4K
    40
    Silvi_4K 2020.03.26 01:19 
     

    This expert needs work, he's a loser

    prlmtrading
    76
    prlmtrading 2020.01.27 21:05 
     

    This EA, for educational purposes, is brilliant. I have just one doubt: in D TF it is opening all the transactions at 00:00 (for EUUS) but probably we will face the bank roll-over and spread spike. MT4 is unable to test it with these parameters so IMHO I presume that it is not suitable for real trading, but - again - for education is really good. If I'm wrong, please lmk.

    Mohamed Islem Kamouni -
    289
    Mohamed Islem Kamouni - 2019.12.31 12:13 
     

    very good expert, but with the right configuration.

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