Hello Tanaka Sensei, may I ask your help create new ea based on this ea strategy but with improvement?
This heiken ashi ea using simple strategy and only using heiken ashi candle on 4 TF (15m, 30m, 1h and 4h) :
Signal for open order from combination of 4 TF heiken ashi candle (example ALL tf white : open buy order, ALL tf red : open sell order) and only ONE order at a time.
For example : when all tf heiken ashi candle turn white then the ea will do the buy trade (only one trade), if the price drop to a certain range it will activate a buy order again with marti (as long as all tf candle still white). The orders will close when tp achieved, and then the ea will do another buy order (if all tf heiken ashi candle still in white color). And vice versa. But when all tf heiken ashi candle turn to opposite color (in this example turn red) this ea still trade buy with marti level continuing from last open position and go on and go on until the price move up and reach the tp (this resulting a big drawdown and high risk for the account).
Room for improvements : if you can change the rule from this strategy so for example when there're still open buy orders and then all tf heiken ashi turn red the ea will execute a sell order with attack marti and then will close when tp achieved or break even, then if all tf heiken ashi still red, ea will execute another sell order with normal lot. And vice versa
In this ea there're features like stoploss, marti options, cut switch, take profit by pips or dollar, etc. The cut switch option (or close on opposite signal) will close all order when all tf heiken ashi candle turn to opposite color (i think it's not beneficial)
I already try this ea for few days and the result is good because this is a following trend ea, but when the color of all tf heiken ashi change to opposite it will cause a big drawdown. So maybe if you can change the rule it will be a good and relatively safe ea. Thanks a lot for your consideration Tanaka Sensei.
