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Heiken Ashi EA MT5

80 USD

Demo downloaded: 3 951

Published: 3 April 2021

Current version: 2.40

Heiken Ashi EA MT5

4.94

Experts
Juvenille Emperor Limited
Version: 2.40
Updated: 6 June 2024
Activations: 20

Heiken Ashi EA ΜΤ5 is a fully automated Expert Advisor for trading the Classic or Smoothed Heiken Ashi candles at an entirely new approach. Heiken Ashi EA MT5 opens a single trade after the first different color candle's close and an opposite trade on every Heiken Ashi color change. There is an option to use this EA by opening the first trade after the 1st Heiken Ashi candle of different color has been closed and then open a new same direction trade on every candle, as long as the color of Heiken Ashi candles remains unchanged. A series of unique settings make this EA extremely versatile, for example the option to select the number of the Heiken Ashi candle that the first trade will be opened, from the 2nd to the 10th and the option to limit the distance between same direction trades in order to avoid too many similar level trades. A Heiken Ashi candles trailing setting will help you to adapt to slow or fast moving markets, by placing the SL of your trades at any past Heiken Ashi candle.

This EA comes with new set files for many symbols/instruments, specially optimized for ECN Raw Spread ICMarkets accounts (New York based GMT+3 time zone servers). Other brokers or account types may be used, but you may need to make any necessary time adjustments to fit your broker/account.

Before you test or use Heiken Ashi EA MT5, place this Heiken Ashi Smoothed Indicator for MT5 in your MT5 >> File >> Open Data Folder >> MQL5 >> Indicators folder and restart your MT5 terminal.

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 1% per symbol, rather than using all of them. For my latest recommendations, please visit the backtests & set files blog by: clicking here.

Product Installation | How to Test Heiken Ashi EA MT5 | Heiken Ashi EA MT5 Settings/Inputs Guide | Heiken Ashi EA MT5 Backtests & Set Files | Update of a Purchased Product

Features

Martingale, Grid, Averaging or other dangerous techniques are not used
New trade on every new Heiken Ashi candle of the same color
Option for traditional Heiken Ashi candles trading
Trading of Classic or Smoothed Heiken Ashi candles
Limitation of distance between same direction orders
Moving Average Trend Filter
MACD Filter that helps eliminate false signals
Hard and Virtual Take Profit and Stop Loss levels
SL, TP, BE and Trailing SL levels in Percentage of the Average Daily Range
Basket TP, SL, BE and Trailing SL in % for all open positions combined
100% automated Expert Advisor
MQL5 VPS compatible

Heiken Ashi EA MT4 Backtests & Set Files

How to Test Heiken Ashi EA MT4: click here

Heiken Ashi EA EA MT4 backtests & set files: click here (these set files are optimized for GMT+3 brokers, make sure you change the trading hours accordingly, to fit your broker)

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 expert advisor robot bot heiken ashi classic smoothed candles heiken ashi ea expert advisor robot bot

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164

smooth_pips 2024.10.23 13:34 #

Very good EA. A safe way of trading by not using grid or martingale style. Small losses and big wins. I definitely recommend this EA.

259

ANARCHITECTS 2024.05.19 08:05 #

Really nice EA, amazing customer support, the developer is generous to assist whenever needed and open for suggestions. Overall really satisfied and happy.

averdas 2024.04.11 12:15 #

Bought that EA due I have other EA but only scalp in 15m normal candles and Heiken ashi. What I saw the heiken ashi scalping was better than with normal candles but I wanted something for swing trades 1 hour up to Daily trades. Gonna check it but from far I know Heiken ashi stuff work better.

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ONLY 3 COPIES OUT OF 10 LEFT AT $399! After that, the price will be raised to $499. - REAL SIGNAL: Default Setting: https://www.mql5.com/en/signals/2251841 Gold Scalper Trading is an EA that uses a complex trading methodology that includes cross-market analysis to find scalpable entry points with XAUUSD, one of the market's wildest running pairs. EA uses stop loss for all orders, only 1 order and does not use any dangerous trading methods: No grid, no martingale,... Gold Scalper Trading is o

399 USD

Hello, I am Diamond Titan FX. This EA is specially designed for US30 pairs. The EA does not use any risky strategies like Martingale or Grid. By default, the EA sets a fixed SL of 50 pips for each trade, but you can change it if you wish. The EA also implements a trailing stop that locks in profits from 10 pips, which you can modify. It features a drawdown management function for the entire account. The EA includes a news filter option if you want to disable trading during news events. Special:

1 633.99 USD

Promotional s uper discount for today for few copies . Prices may increase at any time. Final price will be 4999 USD. Set Files for Gold Harvest MT5 and Live Signal Please just change Risk Level (1-80). No need other field change and Risk Level 2 = 2% risk for 1000 equity or above. It's only good works on XAUUSD H1 Timeframe. This robot is profitable. This robot requires minimum deposit of 100 equity. You can get good results with it. You can test it first . It will increase the volume i

199 USD

AI-Driven Technology with ChatGPT Turbo Infinity EA is an advanced trading Expert Advisor designed for GBPUSD and XAUUSD. It focuses on safety, consistent returns, and infinite profitability. Unlike many other EAs, which rely on high-risk strategies such as martingale or grid trading. Infinity EA employs a disciplined, profitable scalping strategy based on neural network embedded over machine learning, data analytics AI based technology provided by latest ChatGPT version to make your overall tra

499 USD

Experience exceptionally fast trade copying with the Local Trade Copier EA MT5 . With its easy 1-minute setup, this trade copier allows you to copy trades between multiple MetaTrader terminals on the same Windows computer or Windows VPS with lightning-fast copying speeds of under 0.5 seconds. Whether you're a beginner or a professional trader, the Local Trade Copier EA MT5 offers a wide range of options to customize it to your specific needs. It's the ultimate solution for anyone looking t

50 USD

Experience exceptionally fast trade copying with the Local Trade Copier EA MT4 . With its easy 1-minute setup, this trade copier allows you to copy trades between multiple MetaTrader terminals on the same Windows computer or Windows VPS with lightning-fast copying speeds of under 0.5 seconds. Whether you're a beginner or a professional trader, the Local Trade Copier EA MT4 offers a wide range of options to customize it to your specific needs. It's the ultimate solution for anyone looking to inc

50 USD

Matrix Arrow Indicator MT5 is a unique 10 in 1 trend following 100% non-repainting multi-timeframe indicator that can be used on all symbols/instruments: forex, commodities, cryptocurrencies, indices, stocks . Matrix Arrow Indicator MT5 will determine the current trend at its early stages, gathering information and data from up to 10 standard indicators, which are: Average Directional Movement Index (ADX) Commodity Channel Index (CCI) Classic Heiken Ashi candles Moving Aver

75 USD

Heiken Ashi EA ΜΤ4 is a fully automated Expert Advisor for trading the Classic or Smoothed Heiken Ashi candles at an entirely new approach. Heiken Ashi EA MT4 opens a single trade after the first different color candle's close and an opposite trade on every Heiken Ashi color change. There is an option to use this EA by opening the first trade after the 1st Heiken Ashi candle of different color has been closed and then open a new same direction trade on every candle, as long as the color

80 USD

Moving Average EA ΜΤ4 is a fully automated Expert Advisor that takes the trading of Moving Average to a whole new level. Moving Average EA MT4 can either open one buy trade when MA turns up (blue color MA) or one sell trade when MA turns down (red color MA) or can open a new same direction trade on every new candle, as long as the slope direction of the Moving Average remains unchanged. A series of unique settings make this EA extremely versatile. This EA comes with provided set files for ma

60 USD

RSI EA ΜΤ5 is a unique, fully automated Expert Advisor for trading the well known and extremely efficient Relative Strength Indicator , being able at the same time to control your trading account's profit and/or loss at a basket level, for all your open positions combined. RSI EA MT5 has 4 different strategies for trading the Relative Strength Indicator, open trades on RSI extremes on live bar, open trades on RSI extremes on closed candle and open trades on RSI level crossing. This last strateg

60 USD

Matrix Arrow EA MT5 is a unique expert advisor that can trade the Matrix Arrow Indicator's MT5 signals with a trade panel on the chart, manually or 100% automatically. Matrix Arrow Indicator MT5 will determine the current trend at its early stages, gathering information and data from up to 10 standard indicators, which are: Average Directional Movement Index (ADX) Commodity Channel Index (CCI) Classic Heiken Ashi candles Moving Average Moving Average Convergence Divergence (MACD)

80 USD

Price Action Trade Panel MT5 calculates the buying/selling force level balance of any symbol/instrument, based on pure price action data of the specified (8 by default) past candles. This will give you the closest market sentiment possible by monitoring the price action of 32 symbols/instruments that are available on the indicator's panel. A buying/selling force level over 60% gives a quite solid level for buy/sell the specific symbol (using the default settings). Price Action Trade Panel MT5

60 USD

Partial Closure EA MT4 can close partially any trade(s) on your trading account, manually by a certain percentage % of lot size and/or trade ticket or automatically in percentage % of TP/SL level for a percentage % of initial lot size in 10 take profit and 10 stop loss levels . It can manage all or any of your account's trades, by specify or exclude certain magic number or symbol trades. Tip: Download the free demo version of the Partial Closure EA MT4 and try it on your demo account: here Paste

30 USD

Partial Closure EA MT5 can close partially any trade(s) on your trading account, manually by a certain percentage % of lot size and/or trade ticket or automatically in percentage % of TP/SL level for a percentage % of initial lot size in 10 take profit and 10 stop loss levels . It can manage all or any of your account's trades, by specify or exclude certain magic number or symbol trades. Tip: Download the free demo version of the Partial Closure EA MT5 and try it on your demo account:

30 USD

Matrix Arrow EA MT4 is a unique expert advisor that can trade the Matrix Arrow Indicator's MT4 signals with a trade panel on the chart, manually or 100% automatically. Matrix Arrow Indicator MT4 will determine the current trend at its early stages, gathering information and data from up to 10 standard indicators, which are: Average Directional Movement Index (ADX) Commodity Channel Index (CCI) Classic Heiken Ashi candles Moving Average Moving Average Convergence Divergence (MACD) Rel

80 USD

Japanese Candlestick Patterns EA ΜΤ5 is a fully automated Expert Advisor with 8 built in strategies, based on the well known Japanese Candlestick Patterns. It has a unique number of settings that make it extremely versatile in all market conditions. This EA comes with new set files for many symbols/instruments , specially optimized for ECN Raw Spread ICMarkets accounts (New York based GMT+3 time zone servers). Other brokers or account types may be used, but you may need to make any necessary

80 USD

Matrix Arrow Indicator MT4 is a unique 10 in 1 trend following 100% non-repainting multi-timeframe indicator that can be used on all symbols/instruments: forex, commodities, cryptocurrencies, indices, stocks. Matrix Arrow Indicator MT4 will determine the current trend at its early stages, gathering information and data from up to 10 standard indicators, which are: Average Directional Movement Index (ADX) Commodity Channel Index (CCI) Classic Heiken Ashi candles Moving Average Moving A

75 USD

Basket EA MT5 is the best profit harvester and the ultimate account protector, all in one very simple to use solution. The idea behind Basket EA ΜΤ5 is to be able to control your overall trading account's profit and/or loss at a basket level, for all your open positions combined. It offers basket take profit, stop loss, break even and trailing stop loss settings in percentage of account's balance or in account currency (in money) for all managed positions. It allows management or exclusion f

30 USD

Manual Trade Panel EA MT5 is the most straightforward and easy to use trade panel you can find for MT5. It has all its options and functions in one surface, without the need of opening additional windows or panels. It is an order management, risk calculator, partial closure and account protector utility all in one extremely convenient to use interface! By using Manual Trade Panel EA MT5 you can trade many times faster and more accurate than traditional manual trading methods and that gives

40 USD

The Matrix Arrow Indicator Multi Timeframe Panel MT5 is a free add on and a great asset for your Matrix Arrow Indicator MT5 . It shows the current Matrix Arrow Indicator MT5 signal for 5 user customized timeframes and for 16 modifiable symbols/instruments in total. The user has the option to enable/disable any of the 10 standard indicators, that the Matrix Arrow Indicator MT5 consists of. All of the 10 standard indicators attributes are also adjustable, as in the Matrix Arrow Indicat

FREE

Manual Trade Panel EA MT4 is the most straightforward and easy to use trade panel you can find for MT4. It has all its options and functions in one surface, without the need of opening additional windows or panels. It is an order management, risk calculator, partial closure and account protector utility all in one extremely convenient to use interface! By using Manual Trade Panel EA MT4 you can trade many times faster and more accurate than traditional manual trading methods and that gives you m

40 USD

Warning: Due to recent changes by MetaQuotes, copying and multiplying signal subscription trades is now restricted. As a result, the Signal Multiplier EA MT4 can no longer multiply trades from your signal subscription !!! Signal Multiplier EA MT4 is not just another lot size multiplier. In addition to multiplying the lot size of your account's trades from expert advisors or manual inputs, it will actively monitor your trades. The EA can send you email and push notifications for every new ori

30 USD

Basket EA MT4 is the best profit harvester and the ultimate account protector, all in one very simple to use solution. The idea behind Basket EA ΜΤ4 is to be able to control your overall trading account's profit and/or loss at a basket level, for all your open positions combined. It offers basket take profit, stop loss, break even and trailing stop loss settings in percentage of account's balance or in account currency (in money) for all managed positions. It allows management or exclusion fro

30 USD

Warning: Due to recent changes by MetaQuotes, copying and multiplying signal subscription trades is now restricted. As a result, the Signal Multiplier EA MT5 can no longer multiply trades from your signal subscription !!! Signal Multiplier EA MT5 is not just another lot size multiplier. In addition to multiplying the lot size of your account's trades from expert advisors or manual inputs, it will actively monitor your trades. The EA can send you email and push notifications for every n

30 USD

RSI EA ΜΤ4 is a unique, fully automated Expert Advisor for trading the well known and extremely efficient Relative Strength Indicator , being able at the same time to control your trading account's profit and/or loss at a basket level, for all your open positions combined. RSI EA MT4 has 4 different strategies for trading the Relative Strength Indicator, open trades on RSI extremes on live bar, open trades on RSI extremes on closed candle and open trades on RSI level crossing. This last strate

60 USD

Chart Symbol Changer for MT5 is an indicator/utility that offers you the option to change the current chart symbol that is attached onto with a click of a symbol button on its panel. Chart Symbol Changer for MT5 gives you the option to configure the 32 symbol buttons to your personal preference, by adding the pairs you want to keep any eye on and trade the most. This way you will never miss an opportunity, because you can have a faster view of the market on your chart with just a few clicks.

FREE

Colossus EA ΜΤ5 is a fully automated Expert Advisor that will trade high impact news, with the placement of Buy/Sell Stop Pending orders some seconds before each new candle, in order to catch any violent action to either side of the price. Colossus EA MT5 will cancel these Stop Pending orders, some seconds after the candle's birth, if these haven't been triggered. A series of unique settings will help you adjust all potential aspects in order to take advantage of sudden price moves. Colossus EA

50 USD

Moving Average EA ΜΤ5 is a fully automated Expert Advisor that takes the trading of Moving Average to a whole new level. Moving Average EA MT5 can either open one buy trade when MA turns up (blue color MA) or one sell trade when MA turns down (red color MA) or can open a new same direction trade on every new candle, as long as the slope direction of the Moving Average remains unchanged. A series of unique settings make this EA extremely versatile. This EA comes with provided set files for ma

60 USD

Japanese Candlestick Patterns EA ΜΤ4 is a fully automated Expert Advisor with 8 built in strategies, based on the well known Japanese Candlestick Patterns. It has a unique number of settings that make it extremely versatile in all market conditions. This EA comes with new set files for many symbols/instruments, specially optimized for ECN Raw Spread ICMarkets accounts (New York based GMT+3 time zone servers). Other brokers or account types may be used, but you may need to make any necessary tim

80 USD

The Matrix Arrow Indicator Multi Timeframe Panel MT4 is a free add on and a great asset for your Matrix Arrow Indicator MT4 . It shows the current Matrix Arrow Indicator MT4 signal for 5 user customized timeframes and for 16 modifiable symbols/instruments in total. The user has the option to enable/disable any of the 10 standard indicators, that the Matrix Arrow Indicator MT4 consists of. All of the 10 standard indicators attributes are also adjustable, as in the Matrix Arrow Indicator MT4 . The

FREE

Price Action Trade Panel MT4 calculates the buying/selling force level balance of any symbol/instrument, based on pure price action data of the specified (8 by default) past candles. This will give you the closest market sentiment possible by monitoring the price action of 32 symbols/instruments that are available on the indicator's panel. A buying/selling force level over 60% gives a quite solid level for buy/sell the specific symbol (using the default settings). Price Action Trade Panel MT4

60 USD

Chart Symbol Changer for MT4 is an indicator/utility that offers you the option to change the current chart symbol that is attached onto with a click of a symbol button on its panel. Chart Symbol Changer for MT4 gives you the option to configure the 32 symbol buttons to your personal preference, by adding the pairs you want to keep any eye on and trade the most. This way you will never miss an opportunity, because you can have a faster view of the market on your chart with just a few clicks.

FREE

Currency Strength Indicator for MT4 is an innovative solution for any beginner or expert trader! It takes the currency strength concept to a whole new level, since it combines it with price action and can be applied on any symbol/pair, apart from the usual 28 combinations of the 8 major currencies. That means that you can trade the strength or weakness of any pair, including all currencies, major, minor and exotics, commodities and cryptos (not indexes). It is a real breakthrough product that g

40 USD

Currency Strength Trade Panel EA MT5 takes the currency strength concept to a whole new level, since it combines it with price action and can be applied on any symbol/pair, apart from the usual 28 combinations of the 8 major currencies. That means that you can trade the strength or weakness of any pair, including all currencies, commodities and cryptos (not indexes). It is a real breakthrough product that gives you a clear insight of 16/32 symbols with one glimpse, by using colored bars that in

60 USD

Filter:

164

smooth_pips 2024.10.23 13:34 #

Very good EA. A safe way of trading by not using grid or martingale style. Small losses and big wins. I definitely recommend this EA.

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Reply from developer Eleni Anna Branou 2024.10.23 13:46 #

Thank you so much for your fantastic review! I'm thrilled to hear that you're enjoying the Heiken Ashi EA and that it's working well with your trading style. My goal was to create a safe, efficient system without grid or martingale strategies, so it's great to know you're seeing positive results. Happy trading, and feel free to reach out if you need any assistance!

259

ANARCHITECTS 2024.05.19 08:05 #

Really nice EA, amazing customer support, the developer is generous to assist whenever needed and open for suggestions. Overall really satisfied and happy.

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Reply from developer Eleni Anna Branou 2024.10.23 13:48 #

Thank you so much for your kind words! I'm really glad to hear that you're happy with the Heiken Ashi EA and my customer support. Your satisfaction means a lot to me and I'm always here to help. Wishing you continued success and happy trading!

averdas 2024.04.11 12:15 #

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Reply from developer Eleni Anna Branou 2024.04.11 12:35 #

Thank you very much for your great 5 star review for the Heiken Ashi EA MT5. Please don't hesitate to contact me if you need any help with it. I wish you all the best with your trading!

300

Noppadol Phompaksorn 2024.02.03 17:13 #

This is very good Heiken Ashi EA and I'm very happy with Heiken Ashi EA MT5 set files which give good results on live trading.

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Reply from developer Eleni Anna Branou 2024.02.03 17:19 #

Thank you so much for your positive feedback and excellent review! I'm delighted to hear that you are satisfied with the performance of your Heiken Ashi EA MT5, and the success you've experienced with my recommended set files.

241

David Gabriel 2024.02.02 18:40 #

Rented a few days ago, this ea is extraodinary. As indicated in the description, it's not a magic tool, it doesn't read the future, but works with logic. The inputs are perfect. Like all inteligently programmed bots, this ea has both negative and positive days. But for the moment, it has made more positive than negative days. Around +10% in one week with a DD of 15%. What I really like about Heiken Ashi EA MT5 is its well thought-out risk management. He won't place SLs very far out in the hope of a market reversal. When he loses, he loses, but he doesn't lose much, but when he wins, he's magnificent. Another proof of the programmer's honesty: his very attractive price, no telegram group, no affiliation. He must make his money with forex and not with us :)

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Reply from developer Eleni Anna Branou 2024.02.02 20:11 #

Thank you so much for taking the time to share your experience with the Heiken Ashi EA MT5. I am thrilled to hear that you find it extraordinary and that it aligns with the logic and risk management principles I've implemented. Your observation about the balanced approach to both positive and negative days resonates with my commitment to transparency and honesty. I designed this EA with careful risk management to minimize losses while maximizing gains, and it's rewarding to hear that you are happy with the results. Your feedback encourages me to keep refining and improving the EA. I am here to support you on your trading journey. Wishing you continued success in your trading endeavors!

grapie 2023.08.19 00:37 #

The best and most reliable EA I have purchased thus far and I have purchased quite a few. Customer service is second to none. I encourage you to try it out.

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Reply from developer Eleni Anna Branou 2023.08.19 09:17 #

I greatly appreciate your nice comments and your excellent review! Thank you very much!

HawkeyesFX 2023.08.10 21:14 #

I cannot praise Eleni Anna Branou enough. As a new user of EAs, this one functions perfectly! Additionally, Eleni has been extremely patient with me while configuring the EA to better suit my style. Thank you!

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Reply from developer Eleni Anna Branou 2023.08.10 22:08 #

I was really happy to help you configuring the Heiken Ashi EA MT5 to your specific needs. Thank you very much for your warmhearted comments and your excellent review!

1723

Jeanne Barkhuizen 2023.08.06 15:59 #

User didn't leave any comment to the rating

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Reply from developer Eleni Anna Branou 2023.08.06 16:06 #

I really appreciate your warmhearted comments and excellent review for the Heiken Ashi EA Jeanne!

359

Rafael Alfredo Capucho 2023.06.20 18:40 #

Pretty good EA, Eleni replies quickly and friendly. I adjusted the EA to follow longer trends in the daily chart with good results so far (backtesting; I just put in live trading today).. Eleni, please, I also liked your RSI EA, but looks like that the presets aren't really performing well in 2023, I noticed that you have reconfigured the Heiken Ashi recently, what do you think about doing the same with the RSI EA? it looks promissing, thank you!!

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Reply from developer Eleni Anna Branou 2023.06.20 18:43 #

Thank you very much for your nice comments and great review Rafael! I am optimizing the new set files for the RSI EA MT4/5 as we speak, so I will publish the new ones in a week or so. I am doing this optimization on all symbols for all my EAs twice a year.

224

MetaNewbetrader 2023.05.24 05:40 #

Great EA with amazing customer support! Eleni helped me with settings to optimize into a profitable strategy!

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Reply from developer Eleni Anna Branou 2023.05.24 10:09 #

Thank you very much for your excellent feedback and review! I am happy that I was able to help you with your strategy.

MAL1967 2023.02.20 14:34 #

I bought this EA but had problems installing it. Eleni Anna supported me through out the process. Excellent Support.

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Reply from developer Eleni Anna Branou 2023.02.20 14:35 #

Thank you very much for you nice comments and excellent review! I will always be here for anything else you may need.

880

Elvis A Soares Lucas 2022.09.15 18:52 #

Great EA, my implemented strategy has made $400 today. Please keep updating and improving EA!

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Reply from developer Eleni Anna Branou 2022.09.15 18:54 #

Thank you very much for your great review! I wish you the best results with your Heiken Ashi EA MT5.

abdulwahab anuoluwapo 2022.06.19 10:20 #

very nice customer service, now i can now laugh forever, thanks man

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Reply from developer Eleni Anna Branou 2022.09.15 18:54 #

Thank you very much for your excellent review, I really appreciate it!

tmmt4 2022.03.10 16:42 #

Effective EA with excellent customer service.

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Reply from developer Eleni Anna Branou 2022.03.10 16:43 #

Thank you very much for your great review, I really appreciate it!

257

Peter Saka Wagogo 2022.02.09 16:44 #

This EA is good in a trending market. However, it performs very bad in a consolidating market. A filter ought to be added to allow it place trades only when the market is trending.

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Reply from developer Eleni Anna Branou 2022.02.09 16:51 #

Thank you Peter for your constructive feedback. A Moving Average filter is already in place and helps avoiding some consolidation, but there is no magic filter that will stop the EA and any other EA from opening trades during non-trending periods. I am always open to suggestions that will help improving the Heiken Ashi EA.

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Andrew William Little 2022.01.03 05:41 #

Hands down the best Heiken Ashi EA I've found on this marketplace. Couldn't find a strategy to get this thing working at first (on the 1H timeframe), but now I've figured it out. It works best on the 4H and the Daily timeframes when the market is trending, but I've also managed to get it to work in choppy markets using the classic HA candles by using a tight stop loss and intervening a bit when a new HA trend starts going against me by using price alerts and manually closing trades. That's a lot easier to do on the Daily timeframe than the 1 hour timeframe and below.

UPDATE (9/20/22): Just confirmed through the strategy tester that the new XAUUSD D1 strategy is profitable. And the addition of volatility-based TP's and SL's (ADR) made this EA a lot better.

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Reply from developer Eleni Anna Branou 2022.01.03 09:25 #

Thank you really very much for your constructive feedback and your excellent review! I have also introduced a set of 12 new set files for 2022, that you may find useful and interesting to check out.

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JCJ 2021.10.12 08:39 #

Trend following EA, works, needs patience as the real profits are made when the markets are trending. Supplied Heiken Ashi indicator is awesome.

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Reply from developer Eleni Anna Branou 2021.10.13 10:32 #

Thank you very much for your excellent review! I am always here if you need any help or support.

Version 2.40 2024.06.06

Fix of an issue.

Version 2.30 2024.04.19

Fix of a bug with 'Opposite Logic' setting.

Version 2.20 2023.07.25

Heiken Ashi EA MT5 has been updated with 3 important changes that will improve the EA's usability and effectiveness.

1. Until now the Heiken Ashi EA MT5 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 MT5 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 MT5 will adapt to slow or fast moving markets.

Version 2.10 2023.02.06

Heiken Ashi EA MT5 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 MT5.

Version 2.0 2022.10.30

Heiken Ashi EA MT5 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 1.90 2022.10.04

Hello dear friends,

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 MT5 trades.

Version 1.80 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 1.70 2022.04.04

A new important update comes to the Heiken Ashi EA MT5 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 MT5 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 1.60 2022.02.16

Fix of a bug.

Version 1.50 2021.12.23

Heiken Ashi EA MT5 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 1.40 2021.11.21

Addition of Saturday and Sunday in the trading days, in order for the Heiken Ashi EA MT5 to be traded with cryptocurrencies. Also the trading hours format has been changed in order to be optimizable.

Version 1.30 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 1.20 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 1.10 2021.05.03

New EURUSD D1 default strategy.