Heiken Ashi EA MT5

4.95

Heiken Ashi EA MT5 is a fully automated trading system that takes Classic or Smoothed Heiken Ashi candles to the next level. It enters trades based on Heiken Ashi color changes, offering a highly customizable approach to fit different trading styles. The EA provides great flexibility, allowing you to select which Heiken Ashi candle (from the 2nd to the 10th) should trigger the first trade. Additionally, it includes a distance limitation feature to prevent excessive entries at similar price levels. A built-in Heiken Ashi trailing stop dynamically adjusts stop-loss levels based on past Heiken Ashi candles, helping to adapt to different market conditions. To improve trade quality, the EA includes Moving Average and MACD filters to reduce false signals. This EA comes with specially optimized set files for many symbols/instruments.

Advice: My EAs are not magic systems that predict the market, but solid, well-coded tools built to achieve consistent results without using martingale or grid strategies. Success with them requires patience and discipline. I regularly optimize all my EAs, publish new set files twice a year, and review their performance every month. Always use only my recommended set files and keep your risk per symbol at 0.5% or lower. For my latest recommendations, please visit the backtests & set files blog by: clicking here.


Before using the Heiken Ashi EA MT5, you must install the Heiken Ashi Smoothed Indicator for MT5 in MT5 \ File \ Open Data Folder \ MQL5 \ Indicators. Be careful NOT to place it in the Examples folder or any other subfolder, it must go directly into the Indicators folder.


Product Installation  |  How to Test the Heiken Ashi EA  |  Heiken Ashi EA Settings/Inputs Guide  |  Heiken Ashi EA Recommended Set Files


Features

  • No Martingale, Grid, Averaging, or other high-risk strategies
  • Trades Classic or Smoothed Heiken Ashi candles
  • Limits distance between same-direction orders
  • Moving Average and MACD filters reduce false signals
  • Supports Hard and Virtual Take Profit and Stop Loss
  • SL, TP, BE, and Trailing SL based on ADR percentage
  • Basket TP, SL, BE, and Trailing SL for all open positions
  • Fully automated Expert Advisor
  • Compatible with MQL5 VPS

              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 ea forex robot mt5 expert advisor classic smoothed heiken ashi candles automated trading trend following strategy


              Reviews 22
              Kris Jef Saelen
              698
              Kris Jef Saelen 2025.09.29 16:14 
               

              This EA with the recommend sets each month it's performing very well. The support from Eleni is excellent, he is always available for help.

              Abdulmumin Sadiq Adiyaya
              174
              Abdulmumin Sadiq Adiyaya 2025.08.28 16:43 
               

              This rating is from the bottom of my heart ❤️❤️💜💜, for the heiken Ashi EA Mt5 I just purchased few days ago I must confirm that Eleni Anna branou his a great and kind hearted person, with good 💜💜 the support Eleni Anna give to me has no part two, that makes me full of joy, please I recommend Eleni Anna branou products to all the viewers of MQL5 platform. please keep up the good job. 👍👍.

              Pavel Sebastian Dobroucky
              272
              Pavel Sebastian Dobroucky 2025.02.04 18:45 
               

              Excellent EA. simple in its logic, but all the more powerful and flawless when set up correctly, preferably according to carefully optimized "sets" directly from Eleni. Behind it is a lot of detailed and careful work from the developer, which will save you time and nerves and will certainly earn you some money, if you use it correctly and of course there will be a good market setting, nothing is guaranteed. I highly recommend it to everyone!

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              4.62 (39)
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              Kris Jef Saelen
              698
              Kris Jef Saelen 2025.09.29 16:14 
               

              This EA with the recommend sets each month it's performing very well. The support from Eleni is excellent, he is always available for help.

              Juvenille Emperor Limited
              94078
              Reply from developer Eleni Anna Branou 2025.09.29 17:30
              Thank you so much for your wonderful review, Kris! I’m truly glad to hear that the Heiken Ashi EA is performing well for you with the recommended set files, and I deeply appreciate your kind words about my support. Honesty and transparency are values I stand by, and I believe they are essential in this field. I’m grateful for your trust, and I’ll always do my best to provide you with reliable tools and dedicated support. Wishing you continued success with your trading!
              Daniil Tikhonov
              405
              Daniil Tikhonov 2025.09.18 16:07 
               

              I test trading algorithms specifically to provide the most honest reviews. I was very pleased that the developer provides optimized settings files, but after testing, I found that actual testing with all ticks doesn’t deliver the claimed results. You can check for yourself, but good profits during testing come only from EURJPY, GBPCAD, USDJPY, XAUUSD, and DE40. Results are indeed better on ECN accounts than on commission-free accounts. However, it seems the developer’s optimization was done without forward testing, and real results may be worse. I plan to conduct optimization with forward testing, but I’m not sure when I’ll find the time. I’ll try to keep you updated.

              UPD: I made a profit, so I’ll add 1 star.

              Juvenille Emperor Limited
              94078
              Reply from developer Eleni Anna Branou 2025.09.18 16:27
              Hello Daniil, Thank you very much for taking the time to leave such a detailed review. I’d like to assure you that I always perform my optimizations with forward testing. However, as you know, the market has been extremely unpredictable lately, and that means not all provided set files will necessarily perform well in the future. You can see how I conduct my optimizations in detail here: https://www.mql5.com/en/blogs/post/760618 . As I clearly state in the Heiken Ashi EA description: 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 find promising results, then they are suitable to consider for live trading. I regularly optimize all my EAs and release new set files twice a year. In addition, at the end of each month, I review the performance of all provided set files and publish updated suggestions based on the symbols that have performed best over the last 2–3 months. You can always find the latest recommendations in this blog: https://www.mql5.com/en/blogs/post/745696 . That’s why, if you tested all of my provided set files, it’s no surprise that not every one of them performed well. My advice is to focus only on the latest recommended set files published each month, trade them with low risk (0.5% or less per symbol), and avoid using all of them at once. I hope this helps you better understand my philosophy and the work I put into both my EAs and my support. If you follow my advice and keep an eye on the monthly recommendations, I believe you’ll have a much better experience with your results.
              Abdulmumin Sadiq Adiyaya
              174
              Abdulmumin Sadiq Adiyaya 2025.08.28 16:43 
               

              This rating is from the bottom of my heart ❤️❤️💜💜, for the heiken Ashi EA Mt5 I just purchased few days ago I must confirm that Eleni Anna branou his a great and kind hearted person, with good 💜💜 the support Eleni Anna give to me has no part two, that makes me full of joy, please I recommend Eleni Anna branou products to all the viewers of MQL5 platform. please keep up the good job. 👍👍.

              Juvenille Emperor Limited
              94078
              Reply from developer Eleni Anna Branou 2025.08.28 16:47
              I am truly touched Abdulmumin, by your wonderful words and heartfelt review for the Heiken Ashi EA. It means so much to me to know that my support has brought you joy and confidence in your trading journey. I will continue to do my very best to provide both quality tools and dedicated support for you and all my users. Thank you sincerely for your trust and kind recommendation. I wish you great success with your trading!
              Pavel Sebastian Dobroucky
              272
              Pavel Sebastian Dobroucky 2025.02.04 18:45 
               

              Excellent EA. simple in its logic, but all the more powerful and flawless when set up correctly, preferably according to carefully optimized "sets" directly from Eleni. Behind it is a lot of detailed and careful work from the developer, which will save you time and nerves and will certainly earn you some money, if you use it correctly and of course there will be a good market setting, nothing is guaranteed. I highly recommend it to everyone!

              Juvenille Emperor Limited
              94078
              Reply from developer Eleni Anna Branou 2025.02.04 18:50
              Thank you so much for your wonderful feedback, Pavel! I really appreciate that you find the Heiken Ashi EA both simple and powerful when configured properly. It’s great to know that my hard work is making trading easier and more efficient for you. Your recommendation truly means a lot to me—wishing you continued success in the markets! Happy trading!
              Prze mek
              29
              Prze mek 2025.01.15 16:25 
               

              User didn't leave any comment to the rating

              Juvenille Emperor Limited
              94078
              Reply from developer Eleni Anna Branou 2025.01.15 16:29
              Thank you for your wonderful review my friend! I’m delighted to hear that you find the Heiken Ashi EA reliable and appreciate the optimization efforts and support I provide. Your recommendation truly means a lot and motivates me to continue delivering the best experience for all users!
              smooth_pips
              176
              smooth_pips 2024.10.23 13:34 
               

              Very good EA. A safe way of trading by not using grid or martingale style. Small losses and big wins. I definitely recommend this EA.

              Juvenille Emperor Limited
              94078
              Reply from developer Eleni Anna Branou 2024.10.23 13:46
              Thank you so much for your fantastic review! I'm thrilled to hear that you're enjoying the Heiken Ashi EA and that it's working well with your trading style. My goal was to create a safe, efficient system without grid or martingale strategies, so it's great to know you're seeing positive results. Happy trading, and feel free to reach out if you need any assistance!
              ANARCHITECTS
              281
              ANARCHITECTS 2024.05.19 08:05 
               

              Really nice EA, amazing customer support, the developer is generous to assist whenever needed and open for suggestions. Overall really satisfied and happy.

              Juvenille Emperor Limited
              94078
              Reply from developer Eleni Anna Branou 2024.10.23 13:48
              Thank you so much for your kind words! I'm really glad to hear that you're happy with the Heiken Ashi EA and my customer support. Your satisfaction means a lot to me and I'm always here to help. Wishing you continued success and happy trading!
              averdas
              29
              averdas 2024.04.11 12:15 
               

              Bought that EA due I have other EA but only scalp in 15m normal candles and Heiken ashi. What I saw the heiken ashi scalping was better than with normal candles but I wanted something for swing trades 1 hour up to Daily trades. Gonna check it but from far I know Heiken ashi stuff work better.

              Juvenille Emperor Limited
              94078
              Reply from developer Eleni Anna Branou 2024.04.11 12:35
              Thank you very much for your great 5 star review for the Heiken Ashi EA MT5. Please don't hesitate to contact me if you need any help with it. I wish you all the best with your trading!
              Noppadol Phompaksorn
              576
              Noppadol Phompaksorn 2024.02.03 17:13 
               

              This is very good Heiken Ashi EA and I'm very happy with Heiken Ashi EA MT5 set files which give good results on live trading.

              Juvenille Emperor Limited
              94078
              Reply from developer Eleni Anna Branou 2024.02.03 17:19
              Thank you so much for your positive feedback and excellent review! I'm delighted to hear that you are satisfied with the performance of your Heiken Ashi EA MT5, and the success you've experienced with my recommended set files.
              David Gabriel
              151
              David Gabriel 2024.02.02 18:40 
               

              Rented a few days ago, this ea is extraodinary. As indicated in the description, it's not a magic tool, it doesn't read the future, but works with logic. The inputs are perfect. Like all inteligently programmed bots, this ea has both negative and positive days. But for the moment, it has made more positive than negative days. Around +10% in one week with a DD of 15%. What I really like about Heiken Ashi EA MT5 is its well thought-out risk management. He won't place SLs very far out in the hope of a market reversal. When he loses, he loses, but he doesn't lose much, but when he wins, he's magnificent. Another proof of the programmer's honesty: his very attractive price, no telegram group, no affiliation. He must make his money with forex and not with us :)

              Juvenille Emperor Limited
              94078
              Reply from developer Eleni Anna Branou 2024.02.02 20:11
              Thank you so much for taking the time to share your experience with the Heiken Ashi EA MT5. I am thrilled to hear that you find it extraordinary and that it aligns with the logic and risk management principles I've implemented. Your observation about the balanced approach to both positive and negative days resonates with my commitment to transparency and honesty. I designed this EA with careful risk management to minimize losses while maximizing gains, and it's rewarding to hear that you are happy with the results. Your feedback encourages me to keep refining and improving the EA. I am here to support you on your trading journey. Wishing you continued success in your trading endeavors!
              grapie
              87
              grapie 2023.08.19 00:37 
               

              The best and most reliable EA I have purchased thus far and I have purchased quite a few. Customer service is second to none. I encourage you to try it out.

              Juvenille Emperor Limited
              94078
              Reply from developer Eleni Anna Branou 2023.08.19 09:17
              I greatly appreciate your nice comments and your excellent review! Thank you very much!
              HawkeyesFX
              20
              HawkeyesFX 2023.08.10 21:14 
               

              I cannot praise Eleni Anna Branou enough. As a new user of EAs, this one functions perfectly! Additionally, Eleni has been extremely patient with me while configuring the EA to better suit my style. Thank you!

              Juvenille Emperor Limited
              94078
              Reply from developer Eleni Anna Branou 2023.08.10 22:08
              I was really happy to help you configuring the Heiken Ashi EA MT5 to your specific needs. Thank you very much for your warmhearted comments and your excellent review!
              Jeanne Barkhuizen
              1724
              Jeanne Barkhuizen 2023.08.06 15:59 
               

              User didn't leave any comment to the rating

              Juvenille Emperor Limited
              94078
              Reply from developer Eleni Anna Branou 2023.08.06 16:06
              I really appreciate your warmhearted comments and excellent review for the Heiken Ashi EA Jeanne!
              Rafael Alfredo Capucho
              359
              Rafael Alfredo Capucho 2023.06.20 18:40 
               

              Pretty good EA, Eleni replies quickly and friendly. I adjusted the EA to follow longer trends in the daily chart with good results so far (backtesting; I just put in live trading today).. Eleni, please, I also liked your RSI EA, but looks like that the presets aren't really performing well in 2023, I noticed that you have reconfigured the Heiken Ashi recently, what do you think about doing the same with the RSI EA? it looks promissing, thank you!!

              Juvenille Emperor Limited
              94078
              Reply from developer Eleni Anna Branou 2023.06.20 18:43
              Thank you very much for your nice comments and great review Rafael! I am optimizing the new set files for the RSI EA MT4/5 as we speak, so I will publish the new ones in a week or so. I am doing this optimization on all symbols for all my EAs twice a year.
              MetaNewbetrader
              224
              MetaNewbetrader 2023.05.24 05:40 
               

              Great EA with amazing customer support! Eleni helped me with settings to optimize into a profitable strategy!

              Juvenille Emperor Limited
              94078
              Reply from developer Eleni Anna Branou 2023.05.24 10:09
              Thank you very much for your excellent feedback and review! I am happy that I was able to help you with your strategy.
              MAL1967
              20
              MAL1967 2023.02.20 14:34 
               

              I bought this EA but had problems installing it. Eleni Anna supported me through out the process. Excellent Support.

              Juvenille Emperor Limited
              94078
              Reply from developer Eleni Anna Branou 2023.02.20 14:35
              Thank you very much for you nice comments and excellent review! I will always be here for anything else you may need.
              Elvis A Soares Lucas
              879
              Elvis A Soares Lucas 2022.09.15 18:52 
               

              Great EA, my implemented strategy has made $400 today. Please keep updating and improving EA!

              Juvenille Emperor Limited
              94078
              Reply from developer Eleni Anna Branou 2022.09.15 18:54
              Thank you very much for your great review! I wish you the best results with your Heiken Ashi EA MT5.
              abdulwahab anuoluwapo
              30
              abdulwahab anuoluwapo 2022.06.19 10:20 
               

              very nice customer service, now i can now laugh forever, thanks man

              Juvenille Emperor Limited
              94078
              Reply from developer Eleni Anna Branou 2022.09.15 18:54
              Thank you very much for your excellent review, I really appreciate it!
              tmmt4
              25
              tmmt4 2022.03.10 16:42 
               

              Effective EA with excellent customer service.

              Juvenille Emperor Limited
              94078
              Reply from developer Eleni Anna Branou 2022.03.10 16:43
              Thank you very much for your great review, I really appreciate it!
              Peter Saka Wagogo
              258
              Peter Saka Wagogo 2022.02.09 16:44 
               

              This EA is good in a trending market. However, it performs very bad in a consolidating market. A filter ought to be added to allow it place trades only when the market is trending.

              Juvenille Emperor Limited
              94078
              Reply from developer Eleni Anna Branou 2022.02.09 16:51
              Thank you Peter for your constructive feedback. A Moving Average filter is already in place and helps avoiding some consolidation, but there is no magic filter that will stop the EA and any other EA from opening trades during non-trending periods. I am always open to suggestions that will help improving the Heiken Ashi EA.
              12
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