GBPUSD
from RobotFX http://fluid.robotfx.ro/post/162106809578
via RobotFX
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.
Work continues at the Heiken Ashi expert advisor for Metatrader. The latest version (3.0) includes an advanced trailing stop with lots of options. Technically we have integrated the Trailing Stop EA into the Heiken Ashi EA, so the last one can do everything the first one can plus trail the price using the Heiken Ashi candles.