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This article explains how to develop a professional Heikin Ashi-based Expert Advisor (EA) in MQL5. You will learn how to set up input parameters, enumerations, indicators, global variables, and implement the core trading logic. You will also be able to run a backtest on gold to validate your work.
This article is the first installment in a two-part series designed to impart practical skills and best practices for writing custom indicators in MQL5. Using Heikin Ashi as a working example, the article explores the theory behind Heikin Ashi charts, explains how Heikin Ashi candlesticks are calculated, and demonstrates their application in technical analysis. The centerpiece is a step-by-step guide to developing a fully functional Heikin Ashi indicator from scratch, with clear explanations to help readers understand what to code and why. This foundational knowledge sets the stage for Part Two, where we will build an expert advisor that trades based on Heikin Ashi logic.
Zen Breakout Zen Breakout is a fully automated trading robot based on a clean breakout strategy with Heikin Ashi candle confirmation. It combines the power of fractals to detect swing points with Heikin Ashi momentum signals to ensure high-probability entries. The EA looks for price breaking above or below a recent swing point. If the breakout is confirmed by a strong Heikin Ashi candle (wickless bottom for bullish breakouts, wickless top for bearish breakouts), Zen Breakout enters instantly
Tokyo Session Range Breakout EA – Smart Trading for Prop Firms & Retail Traders Looking for a disciplined breakout system that trades with precision, manages risk intelligently, and avoids overnight exposure? The Tokyo Session Range Breakout EA is built exactly for that. How It Works The EA automatically detects the Asian session range (00:00 – 08:59) UTC by mapping the highest and lowest price levels. A box is drawn to clearly mark this range on your chart. During the London session and
📈 Heikin Ashi Candlestick Indicator for MT5 This custom Heikin Ashi indicator provides a smooth visual representation of market trends by filtering out short-term noise, making it easier to identify potential reversals and trend continuations. Unlike regular candlesticks, Heikin Ashi candles are calculated using averages, resulting in more stable and readable chart patterns. ✅ Key Features: Clear and smoothed visualization of price action. Compatible with all timeframes and instruments
🔥 iShowNoMercy – The Ruthless Gold EA 🔥 Plug. Trade. Dominate. Unleash the full potential of your trading with iShowNoMercy , a high-performance MQL5 Expert Advisor built specifically for XAUUSD (Gold) . No endless setups. No confusing settings. Just plug-and-play profitability . ✅ Optimized for Gold ✅ No Mercy on the Markets ✅ Proven Performance ✅ Fully Automated Whether you're a seasoned trader or just starting out, this EA is designed to attack opportunities and stack profits – relentlessly
Smart Pass – The Ultimate Prop Firm Challenge EA Are you ready to crush prop firm challenges with confidence and control? Smart Pass is a cutting-edge Expert Advisor (EA) meticulously engineered to aggressively pass prop firm challenges while strictly adhering to risk management rules. Designed for high-performance trading on indices like NASDAQ (NQ), DAX, S&P 500, and cryptocurrencies such as #BTC, this bot combines intelligent strategy execution with robust capital protection. 🚀 Key