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Heiken Ashi EA MT4

5

Heiken Ashi EA ΜΤ4 is a fully automated Expert Advisor for trading the Classic or Smoothed Heiken Ashi candles at an entirely new approach. Heiken Ashi EA MT4 opens a single trade after the first different color candle's close and an opposite trade on every Heiken Ashi color change. There is an option to use this EA by opening the first trade after the 1st Heiken Ashi candle of different color has been closed and then open a new same direction trade on every candle, as long as the color of Heiken Ashi candles remains unchanged. A series of unique settings make this EA extremely versatile, for example the option to select the number of the Heiken Ashi candle that the first trade will be opened, from the 2nd to the 10th and the option to limit the distance between same direction trades in order to avoid too many similar level trades. A Heiken Ashi candles trailing setting will help you to adapt to slow or fast moving markets, by placing the SL of your trades at any past Heiken Ashi candle.

This EA comes with new set files for many symbols/instruments, specially optimized for ECN Raw Spread ICMarkets accounts (New York based GMT+3 time zone servers). Other brokers or account types may be used, but you may need to make any necessary time adjustments to fit your broker/account.

Before you test or use Heiken Ashi EA MT4, place this Heiken Ashi Smoothed Indicator for MT4 in your MT4 >> File >> Open Data Folder >> MQL4 >> Indicators folder and restart your MT4 terminal.

Advice: None of my EAs are miracle products capable of predicting the market. Instead, they are honest, well-coded expert advisors designed to win more than they lose. They do not employ martingale or grid strategies, which means their results won't consistently show an upward profit curve; there may be ups and downs. Success with them requires patience and discipline. My general recommendation is to test all the provided set files in your strategy tester. If you discover any interesting results, consider making a purchase. I regularly optimize all my EAs and release new set files twice a year. Additionally, at the end of each month, I assess the performance of all the provided set files and offer new suggestions based on the symbols that have performed the best over the last 2-3 months. I advise you to trade only with the best-performing set files, limiting your risk to 0.5% or 1% per symbol, rather than using all of them. For my latest recommendations, please visit the backtests & set files blog by: clicking here.

 

Product Installation    |    How to Test Heiken Ashi EA MT4    |    Heiken Ashi EA MT4 Settings/Inputs Guide     |     Heiken Ashi EA MT4 Backtests & Set Files    |    Update of a Purchased Product


Features

  • Martingale, Grid, Averaging or other dangerous techniques are not used
  • New trade on every Heiken Ashi candle direction change
  • Option for opening a new same direction trade on each new Heiken Ashi candle
  • Trading of Classic or Smoothed Heiken Ashi candles
  • Limitation of distance between same direction orders
  • Moving Average Trend Filter
  • MACD Filter that helps eliminate false signals
  • Hard and Virtual Take Profit and Stop Loss levels
  • SL, TP, BE and Trailing SL levels in Percentage of the Average Daily Range
  • Heiken Ashi candles trailing, places SL at any past Heiken Ashi candle
  • Basket TP, SL, BE and Trailing SL in % for all open positions combined
  • 100% automated Expert Advisor
  • MQL5 VPS compatible


Heiken Ashi EA MT4 Backtests & Set Files

  • Heiken Ashi EA EA MT4 backtests & set files: click here (these set files are optimized for GMT+3 brokers, make sure you change the trading hours accordingly, to fit your broker)


I would greatly appreciate a positive review if you are happy with your purchase. Please contact me to find a solution if you are not.


Check all my products: https://www.mql5.com/en/users/eleanna74/seller

Contact me for support: https://www.mql5.com/en/users/eleanna74


#tags heiken ashi expert advisor robot bot heiken ashi classic smoothed candles heiken ashi ea expert advisor robot bot


Reviews 9
Senangnya-Bisnes
93
Senangnya-Bisnes 2023.02.28 15:12 
 

Good Day... Ladies & Gentleman... The author was a great architect of this robot. After many time countering the value inside this robot, let it run on ECN Account, with spread ALL BELOW (5 Points), leverage 1:1000, 17 currency & 1 gold, i had achieved Daily Target, either during CALM MARKETS, or even during NEWS IMPACT. i would like to let u all know... HeikenAshi Smoothed (EA Robot) is a TOOL use to DESTROY if we just blindly use, or we could benefit use it to BUILD with proper VALUE management. Its like Myonir, Thor's Hammer. 😃 After long time TUNE the VALUE inside this robot, i manage to gain minimum (5%) daily profit even though that day is RANGING MARKET, most of time it will hit more than (10%) daily profit, it is a bonus for me if that day HeikenAshi EA give me more than (20%). This always happen to me. i attached 1 conclusion results at (Comment Page) with 1 photo. with the PRESETS that run so successfull, i believe the road to hit 1 Million is possible again. Everytime the Equity Capital rise, i will MANUALLY adjust the per trade VALUE inside every chart that i trade. Dear Eleni Anna... Thanks for giving me GUIDANCE to walk through this Arena. For those of u still wondering around, please reSHAPE n find tune yourself. May we have enough time to settle everything before WW3. Author of this robot so polite & she had a high moral value too, really appreciate every touch made to this EA... Sincerely... Fans From MalayLAND. 😃

Mark Fjordside
23
Mark Fjordside 2023.02.02 15:14 
 

Awesome EA, works like a charm, and a very good communication and response rate from the seller!

Aussie222615
122
Aussie222615 2022.09.06 12:08 
 

I’ve been using this EA for a few weeks, the risk management is perfect, yes there are losses, but if you just leave the EA to run, the wins are much bigger than the losses, and the win rate seems to be better than 65%. The EA’s programming is excellent, the logic is sound, very well executed. The programmer, Eleni, has answered every question I have asked quickly. Definitely worth a look.

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Filter:
Senangnya-Bisnes
93
Senangnya-Bisnes 2023.02.28 15:12 
 

Good Day... Ladies & Gentleman... The author was a great architect of this robot. After many time countering the value inside this robot, let it run on ECN Account, with spread ALL BELOW (5 Points), leverage 1:1000, 17 currency & 1 gold, i had achieved Daily Target, either during CALM MARKETS, or even during NEWS IMPACT. i would like to let u all know... HeikenAshi Smoothed (EA Robot) is a TOOL use to DESTROY if we just blindly use, or we could benefit use it to BUILD with proper VALUE management. Its like Myonir, Thor's Hammer. 😃 After long time TUNE the VALUE inside this robot, i manage to gain minimum (5%) daily profit even though that day is RANGING MARKET, most of time it will hit more than (10%) daily profit, it is a bonus for me if that day HeikenAshi EA give me more than (20%). This always happen to me. i attached 1 conclusion results at (Comment Page) with 1 photo. with the PRESETS that run so successfull, i believe the road to hit 1 Million is possible again. Everytime the Equity Capital rise, i will MANUALLY adjust the per trade VALUE inside every chart that i trade. Dear Eleni Anna... Thanks for giving me GUIDANCE to walk through this Arena. For those of u still wondering around, please reSHAPE n find tune yourself. May we have enough time to settle everything before WW3. Author of this robot so polite & she had a high moral value too, really appreciate every touch made to this EA... Sincerely... Fans From MalayLAND. 😃

Juvenille Emperor Limited
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Reply from developer Eleni Anna Branou 2023.02.28 15:28
I really thank you very much for this extensive feedback and review and your sincere and touching remarks! I appreciate your warm comments and I am grateful for your excellent review! Your guidance can really help other users accomplish great things.
Mark Fjordside
23
Mark Fjordside 2023.02.02 15:14 
 

Awesome EA, works like a charm, and a very good communication and response rate from the seller!

Juvenille Emperor Limited
57198
Reply from developer Eleni Anna Branou 2023.02.02 15:19
Thank you very much for your kind comments and excellent review Mark! I really appreciate it.
Aussie222615
122
Aussie222615 2022.09.06 12:08 
 

I’ve been using this EA for a few weeks, the risk management is perfect, yes there are losses, but if you just leave the EA to run, the wins are much bigger than the losses, and the win rate seems to be better than 65%. The EA’s programming is excellent, the logic is sound, very well executed. The programmer, Eleni, has answered every question I have asked quickly. Definitely worth a look.

Juvenille Emperor Limited
57198
Reply from developer Eleni Anna Branou 2022.09.06 12:55
Thank you very much for your excellent and constructive review! I am really happy that you've been satisfied so far.
emilio alcantara
336
emilio alcantara 2022.02.03 08:30 
 

El soporte de Eleni Anna Branou es excelente. Iré actualizando el feed back para comentar las operaciones y rentabilidad del EA. Gracias¡

Review 21/02/22: El soporte sigue siendo excelente por parte de Eleni Anna Branou. El experto funciona correctamente, es muy aconsejable usar las actualizaciones de los ajustes que sube Eleni regularmente.

Juvenille Emperor Limited
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Reply from developer Eleni Anna Branou 2022.02.03 09:29
Thank you very much for your positive review Emilio! I will always be by your side for anything you need.
lsampedro
316
lsampedro 2022.01.17 19:30 
 

Magnífico EA. Gran trabajo. Eleni es muy amable y es una persona atenta con sus clientes. Rápida respuesta a las dudas planteadas.

Juvenille Emperor Limited
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Reply from developer Eleni Anna Branou 2022.01.17 19:46
Thank you very much for your great review! I will always try my best to improve our EA!
David Nunn
534
David Nunn 2021.10.05 01:32 
 

This is an excellent EA but it would be so much better if, in addition to regular and smoothed HA candles, it had a T3 Heiken Ashi option!

Juvenille Emperor Limited
57198
Reply from developer Eleni Anna Branou 2021.10.06 12:14
Thank you very much for you excellent review David! I will consider your request for the next update of my Heiken Ashi EA.
81016784
110
81016784 2021.04.29 13:25 
 

I am still watching the EA. though, for the main time, it's been winning and losing

Max
1027
Max 2020.10.22 13:43 
 

Very nice EA. Technically and in ideas, both the EA concept is very sound and also the programming is excellent. The Heiken Ashi concept is really good for trade signals. This concept is super awesome for building positions, pyramiding or averaging, and the EA contains some great SL and TSL systems to give overall extensive control over the EA.

Juvenille Emperor Limited
57198
Reply from developer Eleni Anna Branou 2022.03.12 11:27
Thank you for your excellent feedback and review Max! You are always in my mind!
ROBERT URBANSKI
868
ROBERT URBANSKI 2020.07.08 22:46 
 

This EA is next I rent for the month. Idea is very interesting. I will tested, but I waiting for version with Smooth Heiken Ashi ;). I give 5 starts for the support. It's very good and kind. After tested I put my opinion about "Heiken Ashi EA MT4".

Juvenille Emperor Limited
57198
Reply from developer Eleni Anna Branou 2022.03.12 11:28
Thank you for your great review and comments Robert, I really appreciate it!
Reply to review
Version 2.70 2023.07.25
Heiken Ashi EA MT4 has been updated with 3 important changes that will improve the EA's usability and effectiveness.

1. Until now the Heiken Ashi EA MT4 was opening the first opposite direction trade at the opening of the second different color Heiken Ashi candle. Now you can select the number of the Heiken Ashi (classic or smoothed) candle, that the first trade of the opposite direction will be opened, from the 2nd to the 10th.

2. A new setting will allow you to choose whether the Heiken Ashi EA MT4 will open the first trade when it is attached on the chart and in every next trading session (at Start Hour/Minutes), at the next candle (as it does now) or at the next opposite signal. This way you will be able to avoid exhausted signals that are near to their end.

3. Finally a new Heiken Ashi candles trailing has been added, that can trail your trades, placing the SL of each buy trade at the bottom of any previous heiken ashi candle body and of each sell at the high of any previous heiken ashi candle body, moving one candle upwards/downwards in every new heiken ashi candle. This new setting will improve how the Heiken Ashi EA MT4 will adapt to slow or fast moving markets.
Version 2.60 2023.02.06
Heiken Ashi EA MT4 has been updated with the following features:

1. A Maximum Number of Trades per Heiken Ashi Change setting has been added, that can limit the number of same direction trades per Heiken Ashi color change or cycle.

2. The Stop Same Trades After Close setting, now takes into account all types of trade closure, like TP/SL/BE/Trailing SL/Basket and manual trade closure.

3. A Close All Trades on Friday setting has been added, that allows the user to close all EA's open trades on a specific time on Friday.

Please update your Heiken Ashi EA MT4.
Version 2.50 2022.10.30
Heiken Ashi EA MT4 has been updated with a new setting that can close the running trade on an opposite Heiken Ashi candle, before an opposite signal comes. This closure will happen on the opening of the 2nd opposite color Heiken Ashi candle.
Version 2.40 2022.10.04
A MACD filter is now available, that will help you eliminate many false signals of the Heiken Ashi classic or smoothed candles.

Also an EA Comment setting has been added, that allows the user to insert a custom comment in all Heiken Ashi EA MT4 trades.
Version 2.30 2022.08.13
New default settings for trading the Heiken Ashi Classic candles with closure on opposite signal logic. New optimized set files for many symbols/instruments.
Version 2.20 2022.04.04
A new important update comes to the Heiken Ashi EA MT4 that will improve significantly the responsiveness of the EA to the changes and volatility of the market.

The addition of Stop Loss, Take Profit, Break Even and Trailing Stop Loss levels in Percentage of Average Daily Range of a set number of Average Daily Range Candles.

Please update your Heiken Ashi EA MT4 and load the new updated set files, that include the new SL/TP/BE ans trailing SL levels in Percentage of Average Daily Range.
Version 2.10 2022.02.16
Fix of a bug.
Version 2.0 2021.12.23
Heiken Ashi EA MT4 has been updated with a new default EURUSD D1 strategy. Also 12 new set files have been created in various symbols for you to use and experiment with.
Version 1.90 2021.11.21
Addition of Saturday and Sunday in the trading days, in order for the Heiken Ashi EA MT4 to be traded with cryptocurrencies. Also the trading hours format has been changed in order to be optimizable.
Version 1.80 2021.06.05
Replacement of the Stop Same Direction Signals after Basket setting with a new setting that allows to stop same directions trades from opening, after every kind of trade closure, whether its TP, SL, BE or Basket. Addition of a Moving Average Filter option.
Version 1.70 2021.06.01
Correction in the wording of settings.
Version 1.60 2021.05.20
Addition of Monday to Friday true/false settings, for avoiding trading on certain days. Correction of Smoothed Heiken Ashi MA Method settings. Improved EURUSD D1 default strategy.
Version 1.50 2021.05.03
New EURUSD D1 default strategy.
Version 1.40 2021.04.03
New improved default settings.
Version 1.30 2021.03.13
Introduction of a EURUSD H4 strategy in default settings.
Version 1.20 2020.07.13
Fixed error in Heiken Ashi timeframe setting.
Version 1.10 2020.07.10
Addition of Smoothed Heiken Ashi candles as an option.