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Heiken Ashi EA 3.0

Metatrader Expert Advisor (MT4)

  • Overview

    This EA trades using the Heiken Ashi Smoothed Indicator. It offers many trading scenarios and flexible position management settings, plus many useful features like customizable trading sessions, a martingale and inverse martingale mode.

    • Easy to use and supervise
    • It implements three different entry strategies
    • Customizable break-even, SL, TP and trailing-stop
    • Works for ECN/Non-ECN brokers
    • Works for 2-3-4-5 digit symbols
    • Trading can be NFA/FIFO Compliant
    • Implements a martingale and inverse martingale features
    • Filter trading by forex sessions
    • Built-in money management

    The EA implements the following entry strategies, that can be enabled or disabled at will:

    • Trade at trend color changes
    • Trade breakouts in the direction of the trend

    Additionally, the EA implements four different behaviors:

    • Regular: Buy on bullish signals sell on bearish signals
    • Inverse: Sell on bullish signals and buy on bearish signals
    • Only Buy: Buy only and disregard bearish signals
    • Only Sell: Sell only and disregard bullish signals

    Furthermore, it implements four different money management modes:

    • Trade manual lotsize: The EA will trade a fixed lotsize on each trade
    • Auto-calculation of lotsizes: The EA will risk % of the account on each trade
    • Martingale: The EA will double the lotsize after a losing trade
    • Inverse Martingale: The EA will double the lotsize after a winning trade

    Boost your trading returns with the most flexible Heiken Ashi Smooth EA, like hundreds of users have already done!

  • Input parameters
    Input parameters

    When loading the indicator or EA to any chart, you will be presented with a set of options as input parameters. Don't despair if you think they are too many, because parameters are grouped into self-explanatory blocks.

    Heiken Ashi Smoothed
    This parameter group holds the Heiken Ashi Smoothed settings.
    Trading Settings
    Enable or disable trading setups and directions.
    Session Settings
    Enable or disable trading for the Assian, European or American sessions.
    Position Management
    This group of settings applies to trading decisions and trade management. You can select trading direction, break-even in pips, trailing-stop in %, trailing-step in pips, stop-loss in pip and take-profit in pips. Optionally, trades can be closed on opposite signals.
    Money Management
    In this settings block you can set the lotsize for the first trade, or allow the EA to calculate it by itself. It also implements a martingale behavior. Entering a manual lot size is recommended.
    EA Settings
    You can select the magic number for the trades, custom comment and manual pip value if you need to override the one the default one. Do not change these unless you know what you are doing.
  • ? FAQ
    Can I disable the stop-loss and trade it as a reversal system?
    Yes, you can!
    Does the EA use tick data?
    No, it does not. It uses only HLOC data from the current chart.
  • Comments

    Keep comments tidy and respectful. Avoid spam, offensive remarks, self-promotion and posting personal or payment information. The comment section is for discussion and questions only. Please note that we'll never solicit payments in the comments section.

Screenshots

Heiken Ashi EA EA for Metatrader
Heiken Ashi EA EA for Metatrader
Heiken Ashi EA EA for Metatrader