Heiken Ashi Strategy Expert is a Semi-Automatic trading Expert that is for those who use the Heiken Ashi-based trading strategy.

Heiken Ashi candlesticks are related because the start and end price of each candle is calculated using the start and end price of the previous candlestick, and the highest and lowest price of each candela is influenced by its predecessor candle.

The Heiken Ashi diagram moves slower and gives a delayed signal than the candlestick chart (such as when we use moving averages (MA) in the chart to trade).

This strategy can be useful in many volatile price movements. It is a very simple method to identify; trader has to wait for the final price of the candlestick and then the new candlestick that is being filled.

Bullish candlesticks are marked in blue and bearish candlesticks are marked in red. This very simple strategy has proven to be powerful in reversal tests and real trades using Heiken Ashi  .This strategy consists of Heiken Ashi reversal patterns and the popular momentum indicator. It is also a simple stochastic oscillator with settings (3,7,14). If two bullish or bearish candlesticks in the daily chart have a completely hollow body, the return pattern is valid.

• Select Trade Mode: In the Select Trade Mode section, the type of position that the expert can take is specified.
  In this section, the drop-down menu includes off mode, long position, short position and short and long position.
  If the off option is selected in this section, the expert will not make any trades and will not interfere in open positions.
  Our suggestion is that if you do not want to use Expert at a specific time, instead of deleting it, select the "Off" option so that you do not have to make all the settings again the next time you use Expert.
• Select Execution Mode: In the Select Execution Mode section, the type of Candle Confirmation for Expert to take action is specified. There is two options: Candle Close Confirmation & Close Breakout. If the execution Mode is set on Candle Close Confirmation, the position will be Opened after Candle closes in the first turning point according to the client strategy. In Close Breakout Mode, the position will be Opened  after two confirmations. First turning point candle must be closed and the second candle also have to continue the same Direction and hit more than 10% length of the previous candle (first turning candle) till the position will be opened.

In close-break out mode, the position may be taken a little later and part of the profit may be lost. But it is also more reliable and produces fewer false signals.

As seen in the image below, in close break out mode, the price must hit as much as 10% of the signal candle length in the corresponding direction.

• • Lot Volume: In this part, the volume of trades in lots is given by the client to the expert, in order to open a position with that volume.
  • Stop Loss: In this part, the amount of loss that the position closes if it happens is determined in pips.
  • Take Profit: In this part, the amount of profit that the position closes if it happens is determined in pips.
  • Trailing Stop: This is a dynamic stop loss that moves with the price. Frustrader suggests that the amount of trailing stop is equal to the amount of stop loss. If set to zero, it will be disabled.
  • Add Trading Days: This section specifies the days when the expert is allowed to open a position.
  • Start Hour: In this section, the time when the expert is allowed to start positioning is specified.
  • End Hour: In this section, the time when the expert must finish positioning is specified.