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What is Heiken Ashi EA?

The Metatrader Heiken Ashi expert advisor enables traders to align their strategies with market trends and facilitates trade entries and exits through the Heiken Ashi indicator. Additionally, it provides the capability to monitor the performance of successful trades based on various metrics, including percentage gains, ATR, and moving averages alongside PSAR and Heiken Ashi signals. Key functionalities of the Heiken Ashi system include the ability to identify market trends using the RobotFX Heiken Ashi indicator across multiple timeframes, with the option to disable the trend detection feature if desired. Traders can implement the Heiken Ashi trading strategy by opening and closing positions in response to shifts in the color of the Heiken Ashi candles. Moreover, users can assess their profitable trades through several analytical tools, including Heiken Ashi candles, moving averages, PSAR, ATR, and fractals. Trade management is streamlined through features that allow the placement of StopLoss and TakeProfit orders, along with options for TrailingStop and BreakEven adjustments. Ultimately, the RobotFX Heiken Ashi strategy is designed to empower traders to effectively capitalize on prevailing market trends while maintaining a disciplined approach to risk management.

What is EA LAB?

EA LAB, known as MT5 Robot Lab, focuses on developing customizable Expert Advisors (EAs) for MetaTrader 5, offering a diverse collection of trading robots that incorporate various rule-based strategies. Each trading robot features a dedicated product page that outlines the strategy's logic, entry and exit points, filters, risk management techniques, configuration options, installation steps, licensing details, and any applicable limitations. Users can seamlessly install an EA in their MT5 platform, adjust its settings, perform backtesting with the MT5 Strategy Tester, and review sample reports prior to experimenting with configurations on a demo account. Furthermore, EA LAB provides an abundance of educational materials about trading strategies, backtesting practices, optimization methods, and effective risk management approaches. The availability of features, readiness for deployment, accompanying documentation, and pricing may differ based on the specific EA. While EA LAB delivers software solutions and valuable learning resources, it does not provide account management services or guarantee any profits. It is crucial to acknowledge that trading involves significant risks, including the possibility of financial loss, and previous outcomes do not predict future performance. Therefore, users must fully comprehend the risks associated with trading before engaging in such activities, ensuring they are adequately prepared for the challenges ahead.

Media

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Media

Integrations Supported

MetaTrader 4

Integrations Supported

MetaTrader 5

API Availability

API Availability

Has API

Pricing Information

$279
Free Version
Free Trial Offered?

Pricing Information

€0
Free MT5 robots are available, and paid robots are priced individually. The Annual Library Pass costs €395.00 for 12 months of access. TradingView and cTrader adaptations cost €24.95 per robot per platform.
Free Version

Supported Platforms

Windows
Mac
Chromebook
Linux

Supported Platforms

Windows

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

RobotFX

Date Founded

2006

Company Website

www.robotfx.org/p/heiken-ashi.html

Company Facts

Organization Name

MT5 Robot Lab

Company Location

Poland

Company Website

ea-lab.dev/

Categories and Features

Forex Robots

Not specified

Categories and Features

Forex Robots

Not specified

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