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    Heiken Ashi

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    • K
      Kenny last edited by

      Hello fxDreema, I have to first thoroughly thank you for creating this website, without it, I do not even need to think about building expert advisors. It's sad to hear about your Bell's Palsy. I hope you get better soon.

      I would like some help: I have the following criteria:

      • Lot size = account balance * 2000%, rounded down to nearest whole number(Lot size never goes down. >= than previous trade)
        Eg. AB=$5000 LS= 200,000, AB=100,000 LS= 2,000,000
      • Trailing stop = 50 pips

      Counting left to right.

      If candle 1 is red, 2 is green, 3 is green -> buy 1 trade 1 hour into candle 3 https://postimg.org/image/byv261fd3/
      If candle 1 is green, 2 is red, 3 is red -> sell 1 trade 1 hour into candle 3 https://postimg.org/image/ttc5hl2fb/

      Thanks a lot!

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      • fxDreema
        fxDreema last edited by

        Wait a second, I see Heiken Ashi only in the title 😮

        Few weeks ago I added Heiken Ashi indicator to the built-in indicators with few extra options for it. I think it covers this situation where you want to find bull-bear-bear or bear-bull-bull candles. But the candles of the indicator are read and white in color.

        You are showing me regular candles. Well, there is no single block where you can specify order of candle colors, but I think this can be done with 2 or maximum 3 blocks like Condition or Bears/Bulls in a row.

        About the lot size... what kind of lot size is 200.000? Maybe 0.2 lots, or maybe you are working with some of those symbols I have never heard 🙂 Anyway, there are some Money Management options you can try. If none of them works, you can use the default one and insted "0.1" you can write any formula that includes MQL4 functions like AccountBalance(), AccountEquity() or others. I often do that actually 🙂 For "Fixed volume" the expected value is something like 0.1 and I can write something like *AccountBalance()2/10000, which will give me 0.2 if I have 1000 dollars.

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        • K
          Kenny last edited by

          Thanks a lot fxdreema!! 🙂

          When I said 200,000 lot size, I meant lot number of 2 (since 1 lot = $100 000)

          1 Reply Last reply Reply Quote 0
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