Heiken Ashi - Expert Advisor

Heiken Ashi Useful Candles

It's a trading Strategy to detect the Heiken Ashi candles we are going to use for open positions and place our stop loss under its and moving this stop los under the previous Heiken Ashi candle if it's useful.

We detect the useful candles with 2 conditions for open positions based on the current  Open High Low and Close candle level compared with previous Open Highh Low and Close candle level. and moving the stop loss under the previous heiken ashi candle if it's useful and it's not doki-like.

(Attached chart exaple)

Also add 2 exceptions for open positions and avoid bad entries. All the exceptions based on the comparation of the Open Highh low and close of the candles level sequence comparation.

The EA needs:

• Open trades on diferent scenarios
• move stop loss or not on different scenarios when appears a new candle
• lot size, 
• work on all timeframes, 
• take profit, 
• trailing stop.
• magic number

Additionalls:

• Regular: Buy on bullish signals sell on bearish signals
• Only Buy: Buy only and disregard bearish signals
• Only Sell: Sell only and disregard bullish signals

Heiken ashi indicator:

https://www.mql5.com/en/code/33