The RobotFX Heiken Ashi expert advisor is an all-in-one trading solution for traders trading with the trend. However, although is was designed to detect and follow the trend - by using the Heiken Ashi indicator - this (ie trend detection) can be disabled and the Heiken Ashi EA can be allowed to trade by simply following the Heiken Ashi signals on the current timeframe.
Heiken Ashi expert advisor with advanced trailing options (Trailing Stop)
The type of Heiken Ashi candles can be customized by the trader (smoothed Heiken Ashi or any other values can be chosen for the HA’s moving averages length, type, shift etc.). This applies to the Heiken Ashi indicator for detecting the entry/exit signals as well as for the HA used to detect the trend. When the trend detector(s) is used, the type of trend is given by the Heiken Ashi candle color on the respective timeframe. In the screenshot above, the Heiken Ashi is in uptrend on H1 and H4, meaning that the HA color is green (up) on both of these timeframes. When the Heiken Ashi candle changes the color from down (red) into up (green), the EA considers entering a trade. The green arrows indicate possible entries on the chart above. One thing to be mentioned is that the EA also uses - if the trader wants to - the swing zone confirmation for its entries, same swing zone used by both Fluid and NonLagMA expert advisors. Once a trade is opened, the trader has the ability to either use a classic stoploss, trail the price using various methods (using the Tailing Stop EA algorithm) including Heiken Ashi, and even martingale if the previous trade closed in negative profit.
Heiken Ashi indicator is used to spot the trend and enter/exit trades
Money management is also possible by setting the EA to use a percentage of the equity as lotsize, or by using a fixed lotsize.
The RobotFX NonLagMA expert advisor was built for traders trading with the trend and whose forex trading strategy is defined by the “trend is your friend” motto. This Metatrader expert advisor is very similar to the Fluid expert advisor by the fact that its main functions are the same. NonLagMA EA trades with the trend, buys in uptrend and sells in downtrend Technically the RobotFX NonLagMA EA can: 1. detect the trend (uses the nonlagma indicator color, price position or both) 2. enter (or exit a winning trade/basket) on the nonlagma indicator signal 3. trails the price - for the winning trades 4 hedges the zone recovery or with the trend - for the losing trades (a regular stoploss can also be used) To trade using the expert advisor as it was designed to do, the trader must first choose an option for the EA to establish the trend. This will be accomplished by the trend nonlagma detector and it can be based on the indicator’s color (black=sell, white=buy), the price position regarding
The RobotFX MACD expert advisor ideology is meant for the traders that are familiar and use the moving average convergence divergence (MACD) indicator in their trading decisions. The MACD EA is easy to set up and use, as it can be seen from its settings below. The MACD expert advisor uses the Stochastic indicator for entry confirmation To make sure the expert advisor trades in the right direction (ie with the trend) the trader can choose to follow the trend given by the same MACD settings used to enter/exit the trades. The trader can choose any other values depending on the traded pair. The trading signals are based on the intersection of the MACD’s signal line and the main line. Following the trend, the EA sells when the MACD main line drops below the signal line and it buys when the main crosses the signal, up. The stop-loss and the take-profit are set immediately after the trade is opened, making this expert advisor compatible with the ECN brokers. The trader has also the option t
The RobotFX Renko Chart is an expert advisor that allows the creation and use of the renko bars charts on Metatader. As you probably know already, the Metatrader doesn’t have renko bars, its defaults being candlesticks, line and bars. This Renko expert advisor allows the creation of renko charts on MetaTrader Before you load the EA on the chart it is recommended that you switch to the M1 time-frame and uncheck the autoscroll box (see above). Then keep pressing the Page Up button on your keyboard so the chart will scroll back a few months to load the history data. By default, the Renko EA will build renko charts of 10 pips bar size. You have the possibility to change the bar size with any other value (in pips) you want or use the automatically calculated ATR bars. Don’t forget to click the MetaTrader’s AutoTrading button. After the expert advisor loads on the M1 chart and creates the offline renko bars chart (default timeframe is M2) you should see the instructions in the left corner of
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