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Rules
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Specification
Description: Heiken Ashi controlled EA with cumulative trade feature and further money management features.
Entry:
Place trade on the close of the first change in heiken ashi candle colour. Buy for bullish and sell for bearish.
Cumulative mode:
When cumulative trade mode is on, for every consecutive bullish HA candle after the change in HA candle colour, place a buy trade if that candle closes higher than the previous.
When cumulative trade mode is on, for every consecutive bearish HA candle after the change in HA candle colour, place a sell trade if that candle closes lower than the previous.
Exit:
Close all open trades on close of first opposite HA candle to previous.
Close all if after X trades are open at once, profit reaches 0$/breakeven.
Close all if profit reaches TP or SL of X/Y$ or X/Y% of balance.
Visuals:
Display Heiken Ashi
Display “close all” button to manually close all trades (after use, trades do not open until next change in heiken ashi candle signal)
Settings:
Heiken Ashi settings [(smoothed,6),(linear weighted,2)]
Cumulative trade enable/disable [enable]
Cumulative trade, open trade every X number of candles. (e.g ever 2 candles after 1st. So candle 1, 3, 5, 7 etc.) [1]
Max number of open trades (enable/disable) [disabled]
Breakeven activate after X trades [5]
Stop loss after X$ or X% of balance (enable/disable) [enable,7.5%]
Take profit after X$ or X% of balance (enable/disable) [enable,10%]
Lot size fixed or X lot size per Y$ in balance [fixed,0.01]