Heiken Ashi EA MT4

Heiken Ashi EA MT4 is a fully automated trading system that takes Classic or Smoothed Heiken Ashi candles to the next level. It enters trades based on Heiken Ashi color changes, offering a highly customizable approach to fit different trading styles. The EA provides great flexibility, allowing you to select which Heiken Ashi candle (from the 2nd to the 10th) should trigger the first trade. Additionally, it includes a distance limitation feature to prevent excessive entries at similar price levels. A built-in Heiken Ashi trailing stop dynamically adjusts stop-loss levels based on past Heiken Ashi candles, helping to adapt to different market conditions. To improve trade quality, the EA includes Moving Average and MACD filters to reduce false signals. This EA comes with specially optimized set files for many symbols/instruments.

Advice: None of my EAs are miracle products capable of predicting the market. Instead, they are honest, well-coded expert advisors designed to win more than they lose. They do not employ martingale or grid strategies, which means their results won't consistently show an upward profit curve; there may be ups and downs. Success with them requires patience and discipline. My general recommendation is to test all the provided set files in your strategy tester. If you discover any interesting results, consider making a purchase. I regularly optimize all my EAs and release new set files twice a year. Additionally, at the end of each month, I assess the performance of all the provided set files and offer new suggestions based on the symbols that have performed the best over the last 2-3 months. I advise you to trade only with the best-performing set files, limiting your risk to 0.5% or lower per symbol, rather than using all of them. For my latest recommendations, please visit the backtests & set files blog by: clicking here.

Before using the Heiken Ashi EA MT4, you must install the Heiken Ashi Smoothed Indicator for MT4 in MT4 \ File \ Open Data Folder \ MQL4 \ Indicators. Be careful NOT to place it in the Examples folder or any other subfolder, it must go directly into the Indicators folder. 

Product Installation  |  How to Test the Heiken Ashi EA  |  Heiken Ashi EA Settings/Inputs Guide  |  Heiken Ashi EA Recommended Set Files

Features 

• No Martingale, Grid, Averaging, or other high-risk strategies
• Trades Classic or Smoothed Heiken Ashi candles
• Limits distance between same-direction orders
• Moving Average and MACD filters reduce false signals
• Supports Hard and Virtual Take Profit and Stop Loss
• SL, TP, BE, and Trailing SL based on ADR percentage
• Basket TP, SL, BE, and Trailing SL for all open positions
• Fully automated Expert Advisor
• Compatible with MQL5 VPS

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 ea forex robot mt4 expert advisor classic smoothed heiken ashi candles automated trading trend following strategy