A Hedge Martingale Robot Based on Heiken Ashi Smooth Indicator

  A. Trading Parameters which SHOULD be Opimised.

1. Eqillibruim Profit Percentage =1% of Account size balance

2. Equillibruim Loss Percentage =5%  of Account Size Balance

3. Start lot=0.01lot (Start Lot should automatically increase by 0.01 when Account Size Balance(ASB) increase by every        $250. For  example ASB of $250= 0.01l0t, when ASB reaches $500 = 0.02lot, When ASB reaches $750 = 0.03lot, When ASB    reaches $1000 = 0.04lots................................................etc

3. Lotsize Multiplier = 1.5

4. Open Trade IMMIDIATELY at beginning of Trend when the Heiken Ashi Smooth(H.A.S) changes colour.

5. CandleStick Close =True 

6. Stoploss=200pips(0=Disabled).

7. TakeProfit=200pips(0=Disabled).

8. Trailling Stop= 100pips(0=Disabled).

9. Trade on Any timeframe that is being set on.

  B. HOW THE EA WILL WORK/FUNCTION

   The EA is a Hedge Martingale with very far SL and TP

   BUYING CONDITION:

  -BUY when Heiken Ashi turns BLUE and Sell when it Turns RED.

  -Buy when Heiken Ashi Turns Blue and close the trade if it reaches the Equillibruim Profit/loss Percentage.

  -In the case where the Indicator turns RED when it has not reached the Equillibruim Profit/loss Pecentage, Open another      Sell trade of the same symbol. This time, multiply the lotsize of the previous trade with the stated lotsize multiplier     stated above.

  N.B. It should keep on openning the buy and the sell trades and multiplying the lotsizes of the symbol as long as the        indicator keeps changing colour untill it reaches the stated Equillibruim Profit/loss 

  -Close All trades of the symbol once it reaches the stated Equillibrium Profit/ loss percentage.

For Example. If Account Size Balance=$500, Buy GBPUSD with a Start lot of 0.02 and close the trade once it reaches an Equillibruim Profit of 1% = $5, But if the buy trade does not reaches an Equillibruim Profit of $5, and the Heiken ashi Indicator immidiately turns Red, Open another Sell trade with a lotsize of 0.03(0.02Previous trade size multiplied by lotsize multiplier of 1.5), Again If the 2trades above don't reach an equillibrium Profit or loss percentage, Open another Buy trade of thesame symbol with 0.05lots(0.03lot x 1.5). Close all the trades(Both Buys and Sells) thesame time of the symbol when all of them will Averagely gives an Equillibruim Profit of $5.

The lotsizes series per symbol of $500 should be like this=(0.02, 0.03, 0.05, 0.07, 0.1........etc)

When Account Balance rise from $500 to $750, startlot of a new trade should automatically begin with 0.03lot

When Balance Reaches $1000, Startlot should begin with 0,04lot................etc

Startlot should increase by 0.01 when account increases by evey $250                             

 

  

   SELLING CONDITION: All The Reverse of the BUYING CONDITION IS TRUE. 

 - SELL When Heiken Ashi turns Red and Buy When Heiken Ashi turns Blue.

  -SELL when Heiken Ashi Turns Red and close the trade if it reaches the Equillibruim Profit/loss Percentage.

  -In the case where the Indicator turns Blue when it has not reached the Equillibruim Profit/loss Pecentage, Open another      BUY trade of the same symbol. This time, multiply the lotsize of the previous trade with the stated lotsize multiplier     stated above.