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Advanced Smart Renko Heiken Ashi Candle Trader

Advanced Smart Renko and Heiken Ashi Candle Trader is ONE STOP SOLUTION based semi/fully - automated multi-currency EA carefully engineered for traders to enter the trade based on their Analysis or in fully automated mode for scalping, trend trading, candle breakout trades and also automated news trading with inbuilt trade management solution. 
 
Advantages 
 

▪ No grid / Martingale

▪ Works on Classic Renko, Renko Heiken Ashi charts and classic Heiken Ashi charts 

 

Features

▪ Multi-Currency Management

▪ Spread and Slippage Filter

▪ Entry Mode

▪ Global Strategy Candle Context

▪ Session Filter

▪ Candle vs Moving Average Filter

▪ Candle Breakout Trade

▪ Order Management

▪ Exit Strategy

▪ One Time Trade

▪ Maximum open Trades Per Day

▪ Heiken Ashi Type Selection

▪ Auto trade Management Dashboard

▪ Manual trade Management Dashboard

▪ Risk Calculator 


Parameters 

 

Multi - Symbol Management 

 

▪ Expert ID (Must be unique) - trading concurrently on several charts without  order management clash 

 

Global Strategy Candle Context 

 

▪ Normal Candles - Recommended only for renko charts

▪ Heiken Ashi Candles - Recommended for both renko charts and classic  Heiken Ashi time chart. 

 

 

 

Entry Mode 

 

▪ Single - Open trades when candle retracement completes and new opposite candle is closed.

▪ Multiple - Open trades on close of every same directional candle. Also Known  as profit scaling Method (Recommended for renko charts during High  volatility market conditions and Major News events). 

 

Entry Filters 

 

1. Session Manager    - TRUE / FALSE

▪ Session 1 Start time ("HH:MM") 

▪ Session 1 End time ("HH:MM")

▪ Session 2 Start time ("HH:MM")

▪ Session 2 End time ("HH:MM")   

 ▪ Session 3 Start time ("HH:MM")

▪ Session 3 End time ("HH:MM") 

 

2. Candle vs Moving Average ▪ Position Candles - (Full Body, Close, Open) 

 

▪ MA Filter 1 - True / False

▪ MA Period

▪ MA Shift

▪ MA Period

▪ MA Method

▪ MA Price Type

▪ MA Filter 2 - True / False

▪ MA Period 

▪ MA Shift

▪ MA Period

▪ MA Method

▪ MA Price Type

▪ MA Filter 3 - True / False

▪ MA Period

▪ MA Shift

▪ MA Period

▪ MA Method

▪ MA Price Type

3. 123 Style – True/False 

▪ Retracement check to specified MA

▪ Minimum candle to form retracement

▪ Number of retracements to trade

▪ New run beginning and end filter

4. Maximum Open Trades per day (0: Infinite) - Allows only this number of trades  to be open each day within EA operating session and considering a day starts at  broker server time 00:00 

 

5. Maximum Concurrently open trades (0: Infinite) 

 

6. Candle Breakout Trade - TRUE / FALSE: If true trades will be entered only when  current candle closes above or below previous candle High or Low 

 7. Max Spread (Points) - 0: Unrestricted 

 

Order Management

1. Order

▪Lot Size: 

▪ Actual

▪ Risk % of balance

▪ Risk % of equity

▪ By Actual – (Fixed Lot)

▪ By Risk % - 1 default

▪ TP1 Ratio

▪ TP2 Ratio

▪ TP3 Ratio

▪ Take Profit (Points) - (0: Off)


▪ Stop Loss:

▪ None 

▪ By Offset

▪ By Offset from MA

▪ Stop Loss by Offset (Points) - (0: Off)

▪ Stop Loss by Offset from MA(Points) - (0: Off)

▪ MA Period

▪ MA Shift

▪ MA Method

▪ MA Price Type

▪ Slippage (Points)

2. Break Even and Trailing Stop - True / False

▪ Break even after Points in Profit (Points)

 ▪ Break even SL Position (Points)

▪ Continue to trail After Breakeven - True/False 

▪ SL Drag Distance (Points)

 ▪ SL Drag Distance from MA (Points)

▪ MA settings for trailing

▪ MA Period

▪ MA Shift

▪ MA Method

▪ MA Price Type

3. Exit

▪ Consecutive Opposite Candles (1+) (0: Off) 

 

Heiken Ashi Candle Type Selection

▪ Heiken Ashi Type:

▪ Normal

▪ Heiken Ashi Smoothed

▪ Heiken Ashi T3

▪ Indicator Parameter Settings 

 

One Time Trade ▪ Disable Trading - True / False. If true, no new trades will be opened after the close of current trade, unless EA is restarted ▪ Alerts - True / False. If true, send alerts with message "Symbol: trade closed (TP OR SL) EA Disabled"  

 

Dashboard 

 

Auto Trade Management Dashboard

▪ Hide/show Dashboard

▪ Enable or Disable Trading

▪ Position Type:

▪ No Buy

▪ No Sell

▪ Buy

▪ Sell

▪ Trade Positions

▪ Risk % input protects from over exposure ▪ Risk Reward Calculator  

 EA Trade Modes

▪ News Trading

▪ Moving Average

▪ 123 Style

▪ Trendline Mode   

Manual Trade Management Dashboard

▪ Market Execution

▪ Pending Orders

▪ Move stop loss to breakeven (20 points)

▪ Close All Trades

▪ Activate/ Deactivate R: R

▪ Activate for market execution

▪ Deactivate for pending pending orders  

 


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Do you think that in markets where the price can change in a split second, placing orders should be as simple as possible? In Metatrader, each time you want to open an order, you have to open a window where you enter the opening price, stop loss and take profit, as well as the trade size. In trading the financial markets, capital management is essential to maintain your initial deposit and multiply it. So, when you want to place an order, you probably wonder how big a trade you should open? Wha
99 USD
Mentfx Mmanage
Anton Jere Calmes
5 (16)
Drag and Drop Trade Manager. Draw your entry and have the tool calculate the rest. Advanced targeting and close portions of a trade directly available in tool (manage trades while you sleep). Market order or limit order on either side with factored spread. Just draw the entry, the tool does the rest. Hotkey setup to make it simple. Draw where you want to enter, and the stop loss, the tool calculates all necessary risk with your desired % risk. Check out the video for a breakdown of how it looks
300 USD
TradePanel MT4
Alfiya Fazylova
4.98 (60)
Trade Panel is a multifunctional trading assistant. The application contains more than 50 functions for manual trading, and allows you to automate most of the trading actions. Attention, the application does not work in the strategy tester. You can download a demo version on the instruction page. Instruction + demo version here: – https://www.mql5.com/en/blogs/post/751127 The main features of the application: Work with any trading instrument (Forex, CFD, Futures and others) Work with all symbols
50 USD
Local Trade Copier EA MT4
Juvenille Emperor Limited
5 (45)
Experience exceptionally  fast trade copying with the Local Trade Copier EA MT4 . With its easy 1-minute setup, this trade copier allows you to copy trades between multiple MetaTrader terminals on the same Windows computer or Windows VPS with lightning-fast copying speeds of under 0.5 seconds. Whether you're a beginner or a professional trader, the Local Trade Copier EA MT4 offers a wide range of options to customize it to your specific needs. With 10000 activations, it's the ultimate solution f
50 USD
Fast Copy MT4
Pavel Kolchin
4.68 (105)
The program allows you to locally copy transactions between different MetaTrader 4 and MetaTrader 5 accounts in any direction and quantity as quickly and easily as possible - an intuitive interface allows you to quickly understand the main settings of the program without reading additional descriptions, and powerful functionality will satisfy the demand of even a demanding user. The program is designed to work on "Windows PC" and "Windows VPS". Any type of copying is available MT4 - MT5 MT4 - MT
55 USD
GPT Assistant 4
Anna Poraj
5 (1)
After the purchase, please contact me and I will send you   Trade Republic   for free GPT Assistant is a groundbreaking utility that takes your trading to the next level with its advanced analysis and comprehensive insights. This one-of-a-kind tool is set to revolutionize the way you approach the market, providing you with an edge like never before. The setup process is quick and easy. By simply enabling algorithmic trading and allowing WebRequest for listed URLs, you unlock the full potential
125 USD
Exp COPYLOT CLIENT for MT4
Vladislav Andruschenko
4.69 (64)
Trade copier for MetaTrader 4.   It copies forex trades, positions, orders from any accounts. It is one of the best trade copiers   MT4-MT4, MT5 - MT4   for the   COPYLOT MT4   version (or   MT4 - MT5 MT5 - MT5   for the   COPYLOT MT5   version). Copier  version for      MetaTrader 5  terminal ( МТ5 - МТ5, МТ4 - МТ5 )-  Copylot Client MT5   The unique copying algorithm exactly copies all trades from the master account to your client account. The product is also noted for its high operation spee
50 USD
The product will copy all telegram signal to MT4   ( which you are member  ) , also it can work as remote copier.  Easy to set up, copy order instant, can work with almost signal formats, image signal, s upport to translate other language to English Work with all type of channel or group, even channel have "Restrict Saving Content", work with  multi channel, multi MT5 Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. Support to backtest signal. How to
219 USD
FTMO Adam AI 2
Vyacheslav Izvarin
ADAM AI 2 Special Version for FTMO 100k ACCOUNT MT4 No Martingale No GRID Our 2nd EA created using AI ChatGPT technology Trade only GOOD and checked PROP FIRMS  Default parameters for Challenge $100,000 Tested on EURUSD only  Use 15MIN Time Frame Close all deals and Auto-trading  before Weekend at 12:00GMT+3  Friday For Prop Firms MUST use special Protector   https://www.mql5.com/en/market/product/94362 -------------------------------------------------------------------------------------------
1 800 USD
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Version 17.4 2021.01.12
Tredline modes Added