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Heiken Ashi Naive uses a naive reverse Heiken Ashi strategy and sometimes turns up somewhat profitable.

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Heiken Ashi Naive

Warning! This expert advisor can lose all your money! Test it on demo! Apply on live account at your own risk only!

Heiken Ashi Naive is a custom MT4/MT5 expert advisor coded by EarnForex.com. It uses a rather naive approach to Heiken Ashi trading and reverses the classic strategy - it buys when the Heiken Ashi candles are very bullish and sells when they are very bearish.

The EA showed some moderate long-term profit on EUR/USD @ D1 backtests.

A Z-Score-optimized version of the trading robot is also available. It attempts to apply Z-Score optimization to the trading process. Make sure you understand what you are doing before using the Z-Score version.

Heiken Ashi Naive example backtest chart from MetaTrader 5

More information about this custom MetaTrader expert advisor is available here: https://www.earnforex.com/metatrader-expert-advisors/Heiken-Ashi-Naive/

Any contributions to the code are welcome!