Ashi is in uptrend on H1 and H4, meaning that the Heiken Ashi color is green (up) on both of these timeframes. Exiting a trade at the nonlagma reverse signal may ensure that the trader has closed the trade at the right moment, just before the trend would reverse. Place stop-loss, take-profit, trail, break-even, etc.
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Author: Hassam, forex trading can be fun if you can master the forex vps server vergleich skill of risk management. I dont bother about M5, M15 but use M30 candles as well as H1 and H4 candles in making my entry and exit decisions. The trading signals are based on the intersection of the macds signal line and the main line. The trader has the option to set the timeframe of the Donchian channel and to choose whether the channel will be drawn based on the highs and lows of the candles or their open and close. After this number is reached, or if a martingale trade closed with a positive profit, the EA will resume trading with the initial LotSize CloseTradesAtMaxOrders whether or not to allow the EA to close all the trades on the chart as soon as this number. This entry signals can be validated by another safety feature - if the trader wants to use it - that is the swing zone confirmation. This Heiken Ashi EA can even martingale if the previous trade closed in negative profit. After a trade is opened, the Heiken Ashi EA has the ability to place a classic stop-loss and/or tkae-profit, and also trail the price using various methods (using the Tailing Stop EA algorithm) including trailing by Heiken Ashi candles, moving average, psar, ATR and others. The trend detector is done by a moving average that the trader can customize (type, length, shift) and the EA will follow it by simply allowing long trades only when the price is above it, or short trades if the price oscillates below the moving.
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