Market / MetaTrader 4 / Utilities /

Advanced Smart Renko Heiken Ashi Candle Trader

1 200 USD

Demo downloaded: 73

Published: 12 January 2020

Current version: 17.4

Advanced Smart Renko Heiken Ashi Candle Trader

Utilities
Vigil Varghese
Version: 17.4
Updated: 12 January 2021
Activations: 5

Advanced Smart Renko and Heiken Ashi Candle Trader is ONE STOP SOLUTION based semi/fully - automated multi-currency EA carefully engineered for traders to enter the trade based on their Analysis or in fully automated mode for scalping, trend trading, candle breakout trades and also automated news trading with inbuilt trade management solution.

Advantages

▪ No grid / Martingale

▪ Works on Classic Renko, Renko Heiken Ashi charts and classic Heiken Ashi charts

Features

▪ Multi-Currency Management

▪ Spread and Slippage Filter

▪ Entry Mode

▪ Global Strategy Candle Context

▪ Session Filter

▪ Candle vs Moving Average Filter

▪ Candle Breakout Trade

▪ Order Management

▪ Exit Strategy

▪ One Time Trade

▪ Maximum open Trades Per Day

▪ Heiken Ashi Type Selection

▪ Auto trade Management Dashboard

▪ Manual trade Management Dashboard

▪ Risk Calculator

Parameters

Multi - Symbol Management

▪ Expert ID (Must be unique) - trading concurrently on several charts without order management clash

Global Strategy Candle Context

▪ Normal Candles - Recommended only for renko charts

▪ Heiken Ashi Candles - Recommended for both renko charts and classic Heiken Ashi time chart.

Entry Mode

▪ Single - Open trades when candle retracement completes and new opposite candle is closed.

▪ Multiple - Open trades on close of every same directional candle. Also Known as profit scaling Method (Recommended for renko charts during High volatility market conditions and Major News events).

Entry Filters

1. Session Manager - TRUE / FALSE

▪ Session 1 Start time ("HH:MM")

▪ Session 1 End time ("HH:MM")

▪ Session 2 Start time ("HH:MM")

▪ Session 2 End time ("HH:MM")

▪ Session 3 Start time ("HH:MM")

▪ Session 3 End time ("HH:MM")

2. Candle vs Moving Average ▪ Position Candles - (Full Body, Close, Open)

▪ MA Filter 1 - True / False

▪ MA Period

▪ MA Shift

▪ MA Period

▪ MA Method

▪ MA Price Type

▪ MA Filter 2 - True / False

▪ MA Period

▪ MA Shift

▪ MA Period

▪ MA Method

▪ MA Price Type

▪ MA Filter 3 - True / False

▪ MA Period

▪ MA Shift

▪ MA Period

▪ MA Method

▪ MA Price Type

3. 123 Style – True/False

▪ Retracement check to specified MA

▪ Minimum candle to form retracement

▪ Number of retracements to trade

▪ New run beginning and end filter

4. Maximum Open Trades per day (0: Infinite) - Allows only this number of trades to be open each day within EA operating session and considering a day starts at broker server time 00:00

5. Maximum Concurrently open trades (0: Infinite)

6. Candle Breakout Trade - TRUE / FALSE: If true trades will be entered only when current candle closes above or below previous candle High or Low

7. Max Spread (Points) - 0: Unrestricted

Order Management

1. Order

▪Lot Size:

▪ Actual

▪ Risk % of balance

▪ Risk % of equity

▪ By Actual – (Fixed Lot)

▪ By Risk % - 1 default

▪ TP1 Ratio

▪ TP2 Ratio

▪ TP3 Ratio

▪ Take Profit (Points) - (0: Off)

▪ Stop Loss:

▪ None

▪ By Offset

▪ By Offset from MA

▪ Stop Loss by Offset (Points) - (0: Off)

▪ Stop Loss by Offset from MA(Points) - (0: Off)

▪ MA Period

▪ MA Shift

▪ MA Method

▪ MA Price Type

▪ Slippage (Points)

2. Break Even and Trailing Stop - True / False

▪ Break even after Points in Profit (Points)

▪ Break even SL Position (Points)

▪ Continue to trail After Breakeven - True/False

▪ SL Drag Distance (Points)

▪ SL Drag Distance from MA (Points)

▪ MA settings for trailing

▪ MA Period

▪ MA Shift

▪ MA Method

▪ MA Price Type

3. Exit

▪ Consecutive Opposite Candles (1+) (0: Off)

Heiken Ashi Candle Type Selection

▪ Heiken Ashi Type:

▪ Normal

▪ Heiken Ashi Smoothed

▪ Heiken Ashi T3

▪ Indicator Parameter Settings

One Time Trade ▪ Disable Trading - True / False. If true, no new trades will be opened after the close of current trade, unless EA is restarted ▪ Alerts - True / False. If true, send alerts with message "Symbol: trade closed (TP OR SL) EA Disabled"

Dashboard

Auto Trade Management Dashboard

▪ Hide/show Dashboard

▪ Enable or Disable Trading

▪ Position Type:

▪ No Buy

▪ No Sell

▪ Buy

▪ Sell

▪ Trade Positions

▪ Risk % input protects from over exposure ▪ Risk Reward Calculator

EA Trade Modes

▪ News Trading

▪ Moving Average

▪ 123 Style

▪ Trendline Mode

Manual Trade Management Dashboard

▪ Market Execution

▪ Pending Orders

▪ Move stop loss to breakeven (20 points)

▪ Close All Trades

▪ Activate/ Deactivate R: R

▪ Activate for market execution

▪ Deactivate for pending pending orders

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Trade copier for MetaTrader 4. It copies forex trades, positions, and orders from any accounts. It is one of the best trade copiers MT4-MT4, MT5 - MT4 for the COPYLOT MT4 version (or MT4 - MT5 MT5 - MT5 for the COPYLOT MT5 version). MT5 version Full Description +DEMO +PDF How To Buy How To Install How to get Log Files How To Test and Optimize All products from Expforex Copier version for MetaTrader 5 terminal ( МТ5 - МТ5, МТ4 - МТ5 )- Copylot

35 USD

Tired of complex order placement and manual calculations? Trade Dashboard is your solution. With its user-friendly interface, placing orders becomes effortless, by a single click, you can open trades, set stop loss and take profit levels, manage trade lot size, and calculate risk to reward ratios, allowing you to only focus on your strategy. Say goodbye to manual calculations and streamline your trading experience with Trade Dashboard. Download Demo Version right now. You can find Details

65 USD

Copy Signals from any channel that you are a member (including private and restricted) straight to your MT4. This tool has been designed with the user in mind while offering many features you need to manage and monitor the trades. This product is presented in an easy-to-use and visually attractive graphical interface. Customise your settings and start using the product within minutes! User Guide + Demo | MT5 Version | Discord Version If you want to try a demo please go to user guide. The Te

100 USD

The MT4 to Telegram Signal Provider is an easy-to-use, fully customizable utility that enables the sending of signals to Telegram, transforming your account into a signal provider. The format of the messages is fully customizable! However, for simple usage, you can also opt for a predefined template and enable or disable specific parts of the message. [ Demo ] [ Manual ] [ MT5 Version ] [ Discord Version ] Setup A step by step user guide is available. No knowledge of Telegram API is required;

59 USD

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Version 17.4 2021.01.12

Tredline modes Added