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Using supplied free Heikin Ashi indicator source code, the EA opens or closes trades whenever the colour of the candle changes.
The indicator should be incorporated into the EA resulting in a single operational EA file.
The first trade (Start Lots) is opened in the direction of the market trend the moment the candle changes colour to indicate a new trend. Once a trade is opened, it
is dealt with in two different strategies:
Strategy 1 -
The trade is closed on (Take Profit). Should the trade not reach it's
target, a second, larger trade (Lot multiplier) in the opposite direction will open on
the signal of the next trend reversal. Trades will only multiply untill reaching (Max Lots). All trades are closed at once on
reaching the target points in a positive.
Strategy 2 - The trade will close when there is a reversal in the trend and
the trade is equal or more than the prescribed (Minimum Points). Should
the trade not have achieved this, the EA will keep on opening trades of
increasing volume (Lot Multiplier) on each reversing trend signal, always ensuring that
the largest trade is following the trend. On reaching the trend reversal equal to or exceeding (Minimum Points)
in profit, all trades will close at once.
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