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Heiken Ashi EA (Heiken Ashi EA) | Forex indicator download- MT4/MT5 resources- MetaTrader 5 resources

author EAcpu | 2 reads | 0 comments |
Hey guys...this may sound strange to some...but I've been testing the Heiken Ashi smoothing value on the M1 EURUSD chart. It's too early to tell, but so far it looks very promising. I know this is a simple, straightforward concept with only 1 metric, but in my experience, most of the time, simple is better.

So here's my suggestion: Someone make a very simple EA based on these parameters:

- Using only 1 indicator, Heiken Ashi Smoothed.

- Used on only 1 chart, EURUSD M1.

- TP is the same as SL and is set when heiken changes color. For example, if the Heiken turns green, open buy, when it turns red, close the trade (either positive or negative), then open sell...and vice versa.

I reviewed the approach again and the results may be promising. I hope anyone with basic knowledge of EA coding can accomplish this quickly.

Anyway, here's an indicator just in case you don't have it.

Thanks a lot and if anyone doesn't mind I'll test it out in a demo and keep everyone updated on the progress.
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