An idea about how the Robotfx Heiken Ashi EA trades:
– trend on H1 is down (we follow this trend)
– trend on H4 is down (we follow this trend, too)
– Heiken Ashi on current chart (M5) changed from up to down, so the EA opened a sell trade
– Heiken Ashi on current chart changed from down to up, and the EA closed that trade
The EA opened another sell when the next Heiken Ashi signal occurred, this is curent;y on negative profit but there’s still hope as the stoploss hasn’t been hit and the price is only half way to it. We shall see.
The RobotFX Heiken Ashi alerts will display a Heiken Ashi history bars below the chart with the possibility to alert the trader when the color of the HA candle changes. The alert are basic alerts, notifications (push) and email alerts.
In the screenshot above the original Heiken Ashi candles indicator was loaded on the chart (white and red candles) as long with the Heiken Ashi Alerts indicator. You can see how the color of the history bar changes with the color of the Heiken Ashi candle on the chart.
This indicator was made for those that do not like how the Heiken Ashi candles are covering the normal candles or the traders that guide their trade entries based on the candlestick signals, while still considering the trend candles (HA) signals.