Place stop loss using heiken ashi candles

[tedhor07]

hi fx dreema, do you know how to set up a stop loss that closes all the trades once when the Heiken Ashi candle changes colour?

example as below:

1. i have a buy when the HA candle is blue, but when the HA candle changes colour (into red) 4 hours later i intend to close the position earlier.

[tedhor07]

@fxDreema

[l'andorrà]

The HA indicator offered in fxDreema does not include colour. If you need that you will have to upload a custom indicator with those coloues in its buffers. Preferibly the mq4 version.

[tedhor07]

hi @l-andorrà thank you for the information, may i know how to upload the custom indicator as u mentioned it?

[l'andorrà]

Sure. You can find a detailed description on how to do it here:

https://fxdreema.com/forum/topic/4208/tutorial-06-my-indicators-in-fxdreema

[tedhor07]

i am really grateful, thank you so much!

[l'andorrà]

You're welcome.

[tedhor07]

@l-andorrà hi, i actually have one more question, the files shared by the creator, only the first two are Heiken Ashi , am i right? And is there any way to convert it into the MT5 version?

[l'andorrà]

Honestly, I'm not sure. That should be asked to the author, sorry.