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Heiken Ashi EA MT4

5

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


              I would greatly appreciate a positive review if you are happy with your purchase. Please contact me to find a solution if you are not.


              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


              Reviews 17
              Silver Trader
              120
              Silver Trader 2025.01.29 05:06 
               

              5 Star in every aspect! Thank you Eleni!

              Thomas
              500
              Thomas 2024.04.19 11:28 
               

              stable gain over time with stop loss and followed by the author, very good thank you!

              nyawiracw
              45
              nyawiracw 2024.03.27 19:37 
               

              The level of support that Eleni gives you is on another level. She explains everything so well even for someone like me who was totally lost. Thank you Eleni!

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              Cence Jk Oizeijoozzisa
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              Allistair Kabelo Mandow
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              Eugen Funk
              3.56 (18)
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              5 (4)
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              Juvenille Emperor Limited
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              Juvenille Emperor Limited
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              Juvenille Emperor Limited
              5 (5)
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              XIA PENG
              173
              XIA PENG 2025.04.23 03:42 
               

              User didn't leave any comment to the rating

              Juvenille Emperor Limited
              84311
              Reply from developer Eleni Anna Branou 2025.04.23 07:54
              Hello and thank you for your purchase! Please read the private messages I've sent to you here in MQL5.com. Before using the Heiken Ashi EA MT4, you must install the Heiken Ashi Smoothed Indicator for MT4 (https://c.mql5.com/6/893/Heiken_Ashi_Smoothed_Indicator_for_MT4.zip) 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. Also make sure that you trade only my recommended and NOT all provided set files. You can find my latest recommendations in the blog below: https://www.mql5.com/en/blogs/post/745696. Watch carefully the setup video, please enable subtitles in this video: https://www.youtube.com/watch?v=4s_okulNtho. Let me know if you need any help with your setup. I can connect with Anydesk and help you. I would appreciate if you could update your review for the Heiken Ashi EA, if you are happy with my support.
              Martin
              20
              Martin 2025.02.13 14:41 
               

              I'm testing the EA on a Cent account and will let it run to see what the results will be. I'm very happy with the very good communication and response rate from Eleni! Much appreciated.

              Juvenille Emperor Limited
              84311
              Reply from developer Eleni Anna Branou 2025.02.13 14:48
              Thank you so much for your kind words and for taking the time to share your experience! I truly appreciate your feedback and am glad to hear you're happy with the communication. I hope the EA performs well for you, and I’m here if you ever need any assistance along the way. Wishing you successful trading!
              Silver Trader
              120
              Silver Trader 2025.01.29 05:06 
               

              5 Star in every aspect! Thank you Eleni!

              Juvenille Emperor Limited
              84311
              Reply from developer Eleni Anna Branou 2025.01.29 08:24
              Thank you very much for your kind words and your 5 star review for the Heiken Ashi EA my friend! I really appreciate it!
              Thomas
              500
              Thomas 2024.04.19 11:28 
               

              stable gain over time with stop loss and followed by the author, very good thank you!

              Juvenille Emperor Limited
              84311
              Reply from developer Eleni Anna Branou 2024.04.19 11:33
              Thank you very much for your excellent review for the Heiken Ashi EA MT4 Thomas! I am thrilled to hear that you've had a steady growth, always accompanied by stop loss in every trade. Safety is my main goal.
              nyawiracw
              45
              nyawiracw 2024.03.27 19:37 
               

              The level of support that Eleni gives you is on another level. She explains everything so well even for someone like me who was totally lost. Thank you Eleni!

              Juvenille Emperor Limited
              84311
              Reply from developer Eleni Anna Branou 2024.03.27 19:54
              Thank you very much for your excellent review! I'm very happy to hear that my support exceeded your expectations. Should you ever need further assistance, please don't hesitate to reach out.
              James Timpson
              625
              James Timpson 2024.02.19 04:34 
               

              I applied the Heiken Ashi EA and Most Importantly it was very good at keeping the losses to 1% per trade (as I set it), but often the wins were 3-4 times bigger. My demo started at $219000 on Feb 5th 2024. Ended Feb 16 at $243000. 10% in 10 days. Very Impressive !

              Juvenille Emperor Limited
              84311
              Reply from developer Eleni Anna Branou 2024.02.19 09:19
              Thank you so much James for taking the time to share your experience with your Heiken Ashi EA MT4! I am thrilled to learn that the EA has contributed to such impressive results in your demo account. A 10% increase in just 10 days is indeed remarkable, and I am delighted to have played a part in your trading success. I appreciate your feedback and am committed to continuously enhancing my products to meet the evolving needs of their users. Wishing you continued success in your trading journey!
              dcombs25
              34
              dcombs25 2023.11.03 13:32 
               

              I can't say enough about this seller's communication and support. I've asked quite a few questions following my purchase, and most of the time they respond within minutes with detailed answers and personal assistance. Definitely a high quality seller and thus far a high quality EA. I wholeheartedly recommend!

              Juvenille Emperor Limited
              84311
              Reply from developer Eleni Anna Branou 2023.11.03 14:18
              Thank you for your great feedback and review! I'm glad to know you're happy with the Heiken Ashi EA MT4 and the support provided. If you have any more questions or need assistance in the future, feel free to reach out. I appreciate your recommendation and trust in my services. Happy trading!
              samapi
              94
              samapi 2023.11.03 10:47 
               

              ottima persona

              Juvenille Emperor Limited
              84311
              Reply from developer Eleni Anna Branou 2023.11.03 10:50
              Thank you very much for your 5 star review for the Heiken Ashi EA MT4! I really appreciate it.
              Senangnya-Bisnes
              93
              Senangnya-Bisnes 2023.02.28 15:12 
               

              Good Day... Ladies & Gentleman... The author was a great architect of this robot. After many time countering the value inside this robot, let it run on ECN Account, with spread ALL BELOW (5 Points), leverage 1:1000, 17 currency & 1 gold, i had achieved Daily Target, either during CALM MARKETS, or even during NEWS IMPACT. i would like to let u all know... HeikenAshi Smoothed (EA Robot) is a TOOL use to DESTROY if we just blindly use, or we could benefit use it to BUILD with proper VALUE management. Its like Myonir, Thor's Hammer. 😃 After long time TUNE the VALUE inside this robot, i manage to gain minimum (5%) daily profit even though that day is RANGING MARKET, most of time it will hit more than (10%) daily profit, it is a bonus for me if that day HeikenAshi EA give me more than (20%). This always happen to me. i attached 1 conclusion results at (Comment Page) with 1 photo. with the PRESETS that run so successfull, i believe the road to hit 1 Million is possible again. Everytime the Equity Capital rise, i will MANUALLY adjust the per trade VALUE inside every chart that i trade. Dear Eleni Anna... Thanks for giving me GUIDANCE to walk through this Arena. For those of u still wondering around, please reSHAPE n find tune yourself. May we have enough time to settle everything before WW3. Author of this robot so polite & she had a high moral value too, really appreciate every touch made to this EA... Sincerely... Fans From MalayLAND. 😃

              Juvenille Emperor Limited
              84311
              Reply from developer Eleni Anna Branou 2023.02.28 15:28
              I really thank you very much for this extensive feedback and review and your sincere and touching remarks! I appreciate your warm comments and I am grateful for your excellent review! Your guidance can really help other users accomplish great things.
              Mark Fjordside
              23
              Mark Fjordside 2023.02.02 15:14 
               

              Awesome EA, works like a charm, and a very good communication and response rate from the seller!

              Juvenille Emperor Limited
              84311
              Reply from developer Eleni Anna Branou 2023.02.02 15:19
              Thank you very much for your kind comments and excellent review Mark! I really appreciate it.
              Aussie222615
              132
              Aussie222615 2022.09.06 12:08 
               

              I’ve been using this EA for a few weeks, the risk management is perfect, yes there are losses, but if you just leave the EA to run, the wins are much bigger than the losses, and the win rate seems to be better than 65%. The EA’s programming is excellent, the logic is sound, very well executed. The programmer, Eleni, has answered every question I have asked quickly. Definitely worth a look.

              Juvenille Emperor Limited
              84311
              Reply from developer Eleni Anna Branou 2022.09.06 12:55
              Thank you very much for your excellent and constructive review! I am really happy that you've been satisfied so far.
              Emilio Manue Alcantara Marmol
              427
              Emilio Manue Alcantara Marmol 2022.02.03 08:30 
               

              El soporte de Eleni Anna Branou es excelente. Iré actualizando el feed back para comentar las operaciones y rentabilidad del EA. Gracias¡

              Review 21/02/22: El soporte sigue siendo excelente por parte de Eleni Anna Branou. El experto funciona correctamente, es muy aconsejable usar las actualizaciones de los ajustes que sube Eleni regularmente.

              Juvenille Emperor Limited
              84311
              Reply from developer Eleni Anna Branou 2022.02.03 09:29
              Thank you very much for your positive review Emilio! I will always be by your side for anything you need.
              lsampedro
              180
              lsampedro 2022.01.17 19:30 
               

              Magnífico EA. Gran trabajo. Eleni es muy amable y es una persona atenta con sus clientes. Rápida respuesta a las dudas planteadas.

              Juvenille Emperor Limited
              84311
              Reply from developer Eleni Anna Branou 2022.01.17 19:46
              Thank you very much for your great review! I will always try my best to improve our EA!
              David Nunn
              583
              David Nunn 2021.10.05 01:32 
               

              This is an excellent EA but it would be so much better if, in addition to regular and smoothed HA candles, it had a T3 Heiken Ashi option!

              Juvenille Emperor Limited
              84311
              Reply from developer Eleni Anna Branou 2021.10.06 12:14
              Thank you very much for you excellent review David! I will consider your request for the next update of my Heiken Ashi EA.
              81016784
              106
              81016784 2021.04.29 13:25 
               

              I am still watching the EA. though, for the main time, it's been winning and losing

              Max
              1369
              Max 2020.10.22 13:43 
               

              Very nice EA. Technically and in ideas, both the EA concept is very sound and also the programming is excellent. The Heiken Ashi concept is really good for trade signals. This concept is super awesome for building positions, pyramiding or averaging, and the EA contains some great SL and TSL systems to give overall extensive control over the EA.

              Juvenille Emperor Limited
              84311
              Reply from developer Eleni Anna Branou 2022.03.12 11:27
              Thank you for your excellent feedback and review Max! You are always in my mind!
              ROBERT URBANSKI
              2132
              ROBERT URBANSKI 2020.07.08 22:46 
               

              User didn't leave any comment to the rating

              Juvenille Emperor Limited
              84311
              Reply from developer Eleni Anna Branou 2022.03.12 11:28
              Thank you for your great review and comments Robert, I really appreciate it!
              Reply to review
              Version 3.0 2025.03.10
              Add an option to close all EA trades at a specific time, either on a chosen day or daily.
              Version 2.90 2024.08.07
              Add a check to keep trying to apply TP/SL levels even if the broker rejects them.
              Version 2.80 2024.04.19
              Fix of a bug with 'Opposite Logic' setting.
              Version 2.70 2023.07.25
              Heiken Ashi EA MT4 has been updated with 3 important changes that will improve the EA's usability and effectiveness.

              1. Until now the Heiken Ashi EA MT4 was opening the first opposite direction trade at the opening of the second different color Heiken Ashi candle. Now you can select the number of the Heiken Ashi (classic or smoothed) candle, that the first trade of the opposite direction will be opened, from the 2nd to the 10th.

              2. A new setting will allow you to choose whether the Heiken Ashi EA MT4 will open the first trade when it is attached on the chart and in every next trading session (at Start Hour/Minutes), at the next candle (as it does now) or at the next opposite signal. This way you will be able to avoid exhausted signals that are near to their end.

              3. Finally a new Heiken Ashi candles trailing has been added, that can trail your trades, placing the SL of each buy trade at the bottom of any previous heiken ashi candle body and of each sell at the high of any previous heiken ashi candle body, moving one candle upwards/downwards in every new heiken ashi candle. This new setting will improve how the Heiken Ashi EA MT4 will adapt to slow or fast moving markets.
              Version 2.60 2023.02.06
              Heiken Ashi EA MT4 has been updated with the following features:

              1. A Maximum Number of Trades per Heiken Ashi Change setting has been added, that can limit the number of same direction trades per Heiken Ashi color change or cycle.

              2. The Stop Same Trades After Close setting, now takes into account all types of trade closure, like TP/SL/BE/Trailing SL/Basket and manual trade closure.

              3. A Close All Trades on Friday setting has been added, that allows the user to close all EA's open trades on a specific time on Friday.

              Please update your Heiken Ashi EA MT4.
              Version 2.50 2022.10.30
              Heiken Ashi EA MT4 has been updated with a new setting that can close the running trade on an opposite Heiken Ashi candle, before an opposite signal comes. This closure will happen on the opening of the 2nd opposite color Heiken Ashi candle.
              Version 2.40 2022.10.04
              A MACD filter is now available, that will help you eliminate many false signals of the Heiken Ashi classic or smoothed candles.

              Also an EA Comment setting has been added, that allows the user to insert a custom comment in all Heiken Ashi EA MT4 trades.
              Version 2.30 2022.08.13
              New default settings for trading the Heiken Ashi Classic candles with closure on opposite signal logic. New optimized set files for many symbols/instruments.
              Version 2.20 2022.04.04
              A new important update comes to the Heiken Ashi EA MT4 that will improve significantly the responsiveness of the EA to the changes and volatility of the market.

              The addition of Stop Loss, Take Profit, Break Even and Trailing Stop Loss levels in Percentage of Average Daily Range of a set number of Average Daily Range Candles.

              Please update your Heiken Ashi EA MT4 and load the new updated set files, that include the new SL/TP/BE ans trailing SL levels in Percentage of Average Daily Range.
              Version 2.10 2022.02.16
              Fix of a bug.
              Version 2.0 2021.12.23
              Heiken Ashi EA MT4 has been updated with a new default EURUSD D1 strategy. Also 12 new set files have been created in various symbols for you to use and experiment with.
              Version 1.90 2021.11.21
              Addition of Saturday and Sunday in the trading days, in order for the Heiken Ashi EA MT4 to be traded with cryptocurrencies. Also the trading hours format has been changed in order to be optimizable.
              Version 1.80 2021.06.05
              Replacement of the Stop Same Direction Signals after Basket setting with a new setting that allows to stop same directions trades from opening, after every kind of trade closure, whether its TP, SL, BE or Basket. Addition of a Moving Average Filter option.
              Version 1.70 2021.06.01
              Correction in the wording of settings.
              Version 1.60 2021.05.20
              Addition of Monday to Friday true/false settings, for avoiding trading on certain days. Correction of Smoothed Heiken Ashi MA Method settings. Improved EURUSD D1 default strategy.
              Version 1.50 2021.05.03
              New EURUSD D1 default strategy.
              Version 1.40 2021.04.03
              New improved default settings.
              Version 1.30 2021.03.13
              Introduction of a EURUSD H4 strategy in default settings.
              Version 1.20 2020.07.13
              Fixed error in Heiken Ashi timeframe setting.
              Version 1.10 2020.07.10
              Addition of Smoothed Heiken Ashi candles as an option.