Introduction
In the crowded and often confusing world of Forex trading bots, it's easy to get lost in the sea of options available. One that seems to have caught the attention of quite a few users is the Smoothed Heiken Ashi trading robot. Based on user feedback and an impressive 4.7 rating, it seems to be earning some credence in the Forex world. But let's take a closer look and see if it's all it's cracked up to be.Functions and Features of Smoothed Heiken Ashi
The Smoothed Heiken Ashi trading bot is essentially an algorithm that employs the Heiken Ashi trading strategy, a popular technique among Forex traders. Based on the comments, it appears users appreciate the option to display different types of Ashi data and appreciate the overall visual interface. Some even suggested improvements such as including arrows to signify trade points. A complimentary marriage with a MACD is also suggested.Analysis of Results
An essential part of determining an effective trading bot is analyzing its past performance. Unfortunately, the information provided here isn't quite sufficient to draw a concrete conclusion. There seems to be a general consensus that it works across different time frames, which is a positive. But experience tells us that successful past performance is not a guarantee of future profits. You can check the full statistics https://forexroboteasy.com/trading-robot/smoothed-heiken-ashi/.Pros and Cons
On the plus side, Smoothed Heiken Ashi gets good reviews for its user interface, versatility, and the added benefit of mixing well with a MACD. On the other hand, it seems that some users would like to see additional features and the lack of detailed trade history could be seen as a drawback too.Source Code of Smoothed Heiken Ashi
Now, we don't have an exact source code for the original Smoothed Heiken Ashi bot sold on MQL5. But based on its description, we could make an educated guess. Remember, this code is just an example from http://www.easytradingforum.com. If you have questions regarding the code, please feel free to ask.Please note that EASY Trading Team does not sell the Smoothed Heiken Ashi bot. We merely provide a possible implementation based on the bot's description.
Code:
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If you're interested in testing the waters with the Smoothed Heiken Ashi bot, you can download it at your convenience. As always, we encourage you to share your experiences, positive or negative, on the forum. Constructive discussions like these help everyone become a better trader. So, head over to the forum and let us know your thoughts.Remember, a trading robot is just a tool in your trading toolbox. It should not replace sound judgment and a sound trading strategy. So, use it wisely and happy trading!