Heiken PLUS Trader

I automated trading strategy based on my HEIKEN+ Indicator which is included in this EA, and it worked out very well ! 

"HEIKEN PLUS is the only indicator you really need to be a successful trader, without in depth knowledge of the forex trading or any tools."
Very suitable tool for new traders or advanced traders too. Check my seller page to see info about the indicator.

 HEIKEN+ is a combination of 2 indicators : normal Heiken Ashi and Heiken Ashi smoothed.
It sends signal when these two meet with signals and confirm the same trend with additional chart analyzation
to produce very reliable, smart and simple to use trade openings. Possible to adjust to any currency.

And so to make the strategy even more simple, here is EA to take all trades for you, with very customizable and easy-to-set performance.
Indicator alone best works with these timeframes 1 MIN/5 MIN or 1HOUR/4HOUR.

But this EA is specially build and configured for 1 HOUR CHART (default build for EURUSD), where its able to generate very high profit gains with still low maximal drawdown,  
thanks to its 3 layers of "safety-net" :

Trades can be closed to minimalize loss with one of these functions:
  1. close on opposite signal (-buy is closed when sell is opened, after receiving sell signal, vice versa)
  2. close on trend reverse
  3. close by stop levels (TP,SL - can be fixed or trailing stop also)

Not only these 3 rules add stability to performance, it also adds to maximizing profit with closing trades in the right moment.

MAIN FEATURES:

-every trade with TP and SL (3 types of stops: base/atr/signal distance)
-scaling LOT with free margin 
-trailing SL 
-TRAILING TP
-ALERTS (3 types  : PC/mobile/emails)
-very SOLID trading strategy!
-easy to do optimization in strategy tester (recommended to optimize input settings every 3 months! - its all about 2 things : TP+SL values or type, and then trailing: TP step, SL step )
-easy to adjust to any symbol on different timeframes ( with optimization of more input values, recommended TF: 30MIN/ 1HOUR /4HOUR)


Input options: (all price/stop input values are in POINTS)
  • STOP MODE - choose type of TP and SL : base points value / atr auto-adjust / 'distance to last signal' auto-adjust
  • TP_base = number of points for TP - used when stop mode = base
  • SL_base  =  number of points for SL - used when stop mode = base
  • atr_multiplier = used when stop mode = atr
  • distance_multiplier = used when stop mode = distance
  • trailing = ON/OFF;

  • TP_trail_step = number of points to trail TP
  • SL_trail_step =  number of points to trail SL
  • close_against_trend = ON/OFF = close trades after number of bars go opposite direction
  • trend_limit = number of bars needed to confirm opposite trend
  • -after that there are options to turn on 3 types of alerts 
  • folowing HEIKEN indicators settings
  • at the end 1 parameter for ATR indicator (while using ATR STOP MODE, this number may be important to change for different timeframes than 1 HOUR)


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William Brandon Autry
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Connor Michael Woodson
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Bogdan Ion Puscasu
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Filip Valkovic
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Filip Valkovic
5 (1)
Very powerful indicator! converted from TradingView with upgraded alerts and added notifications.  Ideal use in EAs. Use as a supplementary Indicator to confirm your entries, but it is as good on it's own. The indicator consists of 3 different Trend Meters and a  2 Trend Bars which are used to confirm trend How to Use: The more Trend meters are lit up the better =>>   -more GREEN COLOR at one bar means more confirmation to open buy  trade, - more RED COLOR signals for one bar = more confirmat
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RISK CALCULATOR - TRADING PANEL - CHART OVERLAY with:   PARTIAL TAKE PROFIT  ("virtual TP")   % RISK LOT SIZE  TRAILING STOP LOSS  Fast and simple control of your trades Easy lot size calculation with easy SL/TP setting. Your trading will be much more comfortable with this tool!   Works like any EA, add it to selected chart and trade ! (this version is converted from MT4) Features: start trade with   calculated lot   based on   % of account balance * that you want to risk/ or based on
Chart Notes = MULTI LINE TEXT INPUT ON CHART FOR MT5 is finally here! # sticky notes This indicator is a powerful text editor for placing notes on chart, similarly like the feature on Tradingview. There are 2 types of messages: anchored (on screen ) and free (on chart).  1. Anchored = stays on the same place on screen (x point, y point) -this text can be EDITED on click (first line is for dragging the message around- this line is edited via right clicking- >properties) -move the messages by dra
Smart Manager Dashboard - with auto virtual TP and auto virtual SL for all trades. [Converted from MT4 version - All screenshots are from MT4] -this EA is a powerful trade manager that can   manage all symbols and all trades at once , all from one chart so it is a   must have tool for every trader   who keeps more trades at once. -it mainly does 2 things :   INFO ABOUT TRADES   and   CLOSING TRADES   (grouped by their symbol, so with this tool it is   very easy and fast to manage even hundreds
Simple Stats is utility for trades history management. (works as Expert Advisor) Allowing you to:   see trading performance for each symbol separately , and so it     helps you to find the M0ST and the W0RST profitable type of trades  based on past results. filters: see only manual trades see only EA trades see only EA trades from one specific Magic Number select time period for history SS will  distinguish reports with filename - each history report is named with account number an
Good old UT BOT converted from TradingView script by ' QuantNomad ', initially by ' Yo_adriiiiaan ' and ' HPotter ' - so you can bet this is powerful tool. If you know, you know. This is top of the line, while keeping it really simple. Main function: trend identification with trend switch points , created by EMA(source) and ATR -source is CLOSE PRICE with option to use HEIKEN ASHI chart instead, for this you need "Heiken Ashi" indicator - its available as free download by MetaQuotes One of th
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