Heiken Ashi based EA – expert for MetaTrader 5

  • Platform: Metatrader5
  • Currency pairs: Any pairs, indices and metals
  • Trading Time: Around the clock
  • Recommended broker: icmarkets, XM
  • The Expert Advisor is based on Heiken Ashi indicator.

    Suitable pair and timeframe: EURAUD — H1

    Strategy Tester Report
    MetaQuotes-Demo (Build 294)
    Settings
    Expert: HA_kEA
    Symbol: EURAUD
    Period: H1 (2010.07.18 – 2010.07.24)
    Inputs: P=100
    Broker: MetaQuotes Software Corp.
    Currency: USD
    Initial Deposit: 3 000.00
    Results
    Bars: 120 Ticks: 378767
    Total Net Profit: -2 047.37 Gross Profit: 1 174.25 Gross Loss: -3 221.62
    Profit Factor: 0.36 Expected Payoff: -292.48
    Recovery Factor: -0.37 Sharpe Ratio: -1.62
    Balance Drawdown:
    Balance Drawdown Absolute: 2 047.37 Balance Drawdown Maximal: 2 627.45 (73.39%) Balance Drawdown Relative: 73.39% (2 627.45)
    Equity Drawdown:
    Equity Drawdown Absolute: 2 301.38 Equity Drawdown Maximal: 5 472.90 (88.68%) Equity Drawdown Relative: 88.68% (5 472.90)
    Total Trades: 7 Short Positions (won %): 5 (40.00%) Long Positions (won %): 2 (0.00%)
    Profit Trades (% of total): 2 (28.57%) Loss Trades (% of total): 5 (71.43%)
    Largest profit trade: 1 031.31 Largest Loss Trades (% of total): -891.96
    Average profit trade: 587.13 Average Loss Trades (% of total): -644.32
    Maximum consecutive wins ($): 1 (1 031.31) Maximum consecutive losses ($): 3 (-2 558.97)
    Maximal consecutive profit (count): 1 031.31 (1) Maximal consecutive loss (count): -2 558.97 (3)
    Average consecutive wins: 1 Average consecutive losses: 2
    Heiken Ashi based EA
  • 1. Open MT5 trading software – “File” – “Open Data Folder” in the upper right corner
  • 2, find the “MQL5” folder – “Experts”, put the EA in this folder
  • 3, need to refresh or restart the trading software to display EA, find “EA” in “Navigation” – “EA Trading”
  • 4, find the EA you need to use, right click the mouse, select “attach to the chart” (additional chart: EA uses the currency to be linked, if you need to hang Europe and America, please attach to the AUDUSD chart)
  • 5. After adding the chart, set the EA parameter. In the “Common” option, select “Multi-empty position” and check the box in front of “Allow real-time automatic trading”
  • 6, in the “input parameters”, set the relevant parameters, generally modify the number of single hand, jiacang distance, loss ratio, 10,000 US dollars according to the minimum parameter settings, after setting “confirm
  • 7. After setting the EA parameters, start the EA. In the “Tools” – “Options” – “EA” – check “Allow DLL import” to confirm