Heikinashi Zone Trader

The Heikinashi Zone Trader presents a unique approach to automated or semi-automated forex trading. Based on the trend, this Expert Advisor (EA) leverages the effectiveness of Heikin-Ashi Zone candles to discern price action trends. The tool is currently available for a limited offer of $199, after which the price will increase to $249.

How Does This Forex Trading Tool Work?

In a nutshell, the Heikinashi Zone Trader EA operates by examining the higher time frames of a forex pair, such as EURUSD, and identifying the prevailing trend. If the trend is downwards, for example, a trader can open an M15 chart with the Heiken-ashi Zone Trader EA, click the “SELL” button, and choose either “AUTO” or “SEMI AUTO”.

On selecting “SEMI AUTO”, the HAZ trader will initiate a sell order after the closure of the first red candle (following a gray or blue). It will only open one trade per pair at a time, in adherence to FIFO compliance. On “AUTO”, the EA will open a trade after every first red candle following a gray or blue one. The mechanism operates similarly for buy orders, with the roles of the candles reversed.

Key Features of the Heikinashi Zone Trader

The EA offers flexibility to traders by providing the choice to set it to buy and sell either automatically or semi-automatically. The preference is usually to go with the higher time frame trend. The EA comes with a plethora of closing options:

• Take profit in pips: This option is self-explanatory.
• Exit by Opposite Signal: If a trade opened after a red candle, it will close after a blue one.
• Exit by Candle Close: This is particularly useful for higher time frames. The trade will open when the candle opens and close when the candle closes.
• Exit by Gray Heikin Ashi Candle: The trade will close after the first gray candle closes.
• Close Profit (Exit by Gray HA): This option requires the “Exit by Gray HA Candle” to be checked, and it will only close on gray if there is a profit.

Furthermore, traders can set a minimum closing profit in points, use a Trailing Stop, Trailing start, Trailing Step, Breakeven stop loss activation in points, and Breakeven profit in points. There is also a Time Filter Settings feature to choose which days to trade and the start and stop trading hours.

Availability and Pricing

There are only 5 copies of the Heikinashi Zone Trader left at the special offer price of $199. Post this, the price will increase to $249, making this a limited time offer for interested forex traders.

Frequently Asked Questions

What is the Heikinashi Zone Trader?

The Heikinashi Zone Trader is an automated or semi-automated Expert Advisor (EA) that utilizes trend-based strategies for forex trading using Heikin-Ashi Zone candles.

Is it compliant with FIFO?

Yes, the Heikinashi Zone Trader operates one trade at a time per pair to ensure it is compliant with FIFO (First In, First Out) rules.

How does the Heikinashi Zone Trader work?

The EA identifies the prevailing trend on higher time frames, and then trades automatically or semi-automatically based on the trader’s choice. It uses the color of Heikin-Ashi candles to determine when to open and close trades.

Where can I find independent testing of the Heikinashi Zone Trader?

Independent testing of the Heikinashi Zone Trader can be found on the forexroboteasy.com website, where updates on the results of testing this product can also be subscribed to.

We encourage traders who have used the Heikinashi Zone Trader to share their experiences for the benefit of the wider forex trading community. This review is independent, and we have no affiliation with the product.