Disclaimer: Trading involves risk. Past performance does not guarantee future results.

The Heikin Ashi Doji EMA Bot is a fully automated cTrader trading robot based on a combination of Heikin Ashi candles, Doji formations, EMA trend filtering, and confirmation candles.

The bot is designed to identify predefined market conditions and execute trades automatically according to the parameters selected by the user. It includes a range of configurable trade-management, position-sizing, and trading-schedule options.

🔑 Features

✅ Heikin Ashi Doji Strategy

The bot identifies qualifying Heikin Ashi Doji candles and waits for two subsequent confirmation candles before entering a trade.

✅ EMA Trend Filter

Use a configurable Exponential Moving Average to filter trade direction.

The signal timeframe and EMA timeframe can be configured independently.

✅ Long & Short Controls

Enable or disable long and short trading independently.

✅ Optional Reverse Trading

An optional setting allows generated trade signals to be reversed.

✅ Flexible Position Sizing

Choose between:

• Equity percentage-based sizing
• Fixed lot sizing

Equity-based sizing uses the configured risk percentage and calculated stop distance to determine position volume.

✅ Configurable Risk-to-Reward

Set the desired Risk-to-Reward ratio for calculating trade targets.

✅ Optional Hard Stop Loss

Hard Stop Loss protection can be enabled or disabled according to the user's selected configuration.

Important: Disabling the hard stop can substantially increase trading risk.

✅ Break-Even Protection

Optional break-even management with three available methods:

• R Multiple
• Pips
• Net P/L

✅ Profit-Based Trailing Stop

Optional trailing protection based on account-currency profit.

Configure:

• Activation profit per 1.00 lot
• Profit buffer percentage

✅ Position Doubling

An optional position-doubling feature can add positions after an adverse price movement.

Users can configure:

• Trigger distance
• Maximum doubling levels
• Enable/disable control

Position doubling can increase overall market exposure and should be tested carefully before being used in live trading.

✅ Basket Management

Related positions can be managed as a group, including volume-weighted average entry calculations and shared trade targets.

Trade-group information is also retained so positions can be managed after a bot restart.

✅ Spread Filter

Optionally prevent new trades when the current spread exceeds the configured maximum.

✅ Margin Protection

An optional minimum margin-level requirement can be used to prevent additional positions from being opened when account margin conditions do not meet the selected threshold.

✅ Trading Day Controls

Enable or disable trading for individual days of the week.

✅ Daily Trading Sessions

Configure separate start and end times for each day.

✅ Hourly Controls

Optional hourly controls can manage trading around hourly boundaries, including configurable handling of winning and losing positions.

✅ Monthly Filters

Optional filters can restrict new trading around selected month-start and month-end periods.

Available filters include:

• First day of the month
• Last day of the month
• Friday before month-end
• Monday after month-start

✅ Heikin Ashi Smoothing

Optional Heikin Ashi smoothing is available as an additional configurable setting.

⚙️ How It Works

The bot evaluates completed Heikin Ashi candles and checks them against the configured EMA conditions.

A potential long setup requires a qualifying bullish Heikin Ashi Doji, appropriate EMA alignment, and two subsequent bullish confirmation candles.

A potential short setup uses the corresponding bearish conditions.

When the configured conditions are satisfied, the bot performs its trade and risk checks before opening a position.

Once a position is open, the selected protection and management settings can be applied, including Stop Loss, Take Profit, break-even, trailing, and optional position doubling.

📊 Configurable Trading Environment

The bot provides control over several aspects of automated execution, allowing users to configure the strategy according to their own testing requirements.

These include:

• Signal timeframe
• EMA timeframe
• EMA period
• Position sizing
• Maximum open positions
• Long/short direction
• Risk-to-Reward
• Stop Loss
• Break-even
• Trailing
• Position doubling
• Spread limits
• Margin requirements
• Trading days
• Daily trading sessions
• Hourly controls
• Monthly filters

⚠️ Please Note

1. Backtesting results were achieved under a specific testing environment and may differ from live trading results.

2. Results can vary between brokers because of differences in spreads, commissions, liquidity, execution, symbol specifications, and other trading conditions.

3. Backtesting does not guarantee future performance.

4. Position doubling and disabling hard stop loss can increase potential risk and market exposure.

5. Users should test the bot thoroughly with their own broker, symbol, timeframe, and account conditions before considering live deployment.

6. Consider using a demo account or other controlled environment when evaluating the bot.

7. The bot does not guarantee profits, and trading losses are possible.