Heiken Ashi EA
Heiken Ashi candle-colour trend follower · 5 trailing-stop methods · MT4/MT5
About Heiken Ashi EA
The Heiken Ashi EA, documented at robotfx.org, is a complete trend-trading solution for MetaTrader 4/5. It automatically detects trend direction from Heiken Ashi candle colour changes on the selected timeframe — buying in an uptrend and selling in a downtrend — and opens trades the moment the candle colour flips.
Position management includes advanced trailing-stop methods, selectable from several models: Heiken Ashi candles, ATR, PSAR, Moving Averages, or Fractals — giving traders flexibility in how open trades are protected as the market moves.
- Platform: MetaTrader 4 / MetaTrader 5
- Strategy: Heiken Ashi candle-colour trend following
- Trailing stop options: Heiken Ashi, ATR, PSAR, Moving Averages, Fractals
- Source: robotfx.org · Heiken Ashi EA MT4 MT5 — Trend Following Expert Advisor
Key Features
✓ Multiple selectable trailing-stop methods rather than one fixed approach
✓ Simple, visually intuitive trend-detection logic (candle colour) that's easy to verify on the chart
⚠ Heiken Ashi smooths price action, which can delay signal recognition at turning points — expect some lag versus raw candlesticks