Heiken Ashi EA MT5
- Juvenille Emperor Limited
- Version: 2.10
- Updated: 6 February 2023
- Activations: 10000
Heiken Ashi EA ΜΤ5 is a fully automated Expert Advisor for trading the Classic or Smoothed Heiken Ashi candles at an entirely new approach. Heiken Ashi EA MT5 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 limit the distance between same direction orders in order to avoid too many similar level trades or the offset setting that forces the EA to wait for a better price on each new candle. At the same time you are able to control your trading account's profit and/or loss at a basket level, for all your open positions combined. A Moving Average filter is also available in order to skip opening trades that are not following the current trend.
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 MT5, place this Heiken Ashi Smoothed Indicator for MT5 in your MT5 >> File >> Open Data Folder >> MQL5 >> Indicators folder and restart your MT5 terminal.Advice: All my EAs are not miracle products that predict the market, but honest well coded expert advisors that are trying to win more than they lose. They don't use martingale or grid strategies, so their results are not a straight profitable line, but have their ups and downs and need patience and discipline in order to succeed. My general recommendation is to test all my provided set files in your strategy tester and if you see anything interesting, consider buying. If you decide to buy, trade only those symbols that perform well in the last few months in the strategy tester with a low 0.5% to 1% risk per trade and not all provided set files. I suggest to repeat this backtest of all provided set files every 2-3 months and then choose the 4-5 symbols that perform better in the past few months.
Product Installation | How to Test Heiken Ashi EA MT5 | Heiken Ashi EA MT5 Settings/Inputs Guide | Heiken Ashi EA MT5 Backtests | Update of a Purchased Product
- Martingale, Grid, Averaging or other dangerous techniques are not used
- New trade on every new Heiken Ashi candle of the same color
- Option for traditional Heiken Ashi candles trading
- 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
- Basket TP, SL, BE and Trailing SL in % for all open positions combined
- 10000 Activations to use and enjoy your product forever
- 100% automated Expert Advisor
- MQL5 VPS compatible
Heiken Ashi EA MT4 Backtests & Set Files
- How to Test Heiken Ashi EA MT4: click here
- 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)
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
Great EA with amazing customer support! Eleni helped me with settings to optimize into a profitable strategy!