HART Box Large

…or Heiken Ashi Renko Trader.

HART is our first EA specifically developed for trading on Renko charts. The first one of a new generation of EAs!

By using Renko charts we take out time out of our trading equation and we focus only on price action.

We developed a set of tools and indicators for Renko charts and HART comes directly from that experience. It takes advantage of our unique (and totally automatic) procedure to calculate the best Renko box size based on the instrument volatility. You won’t be wondering anymore if you have to trade EURUSD using 10 or 15 pips boxes. Our tool for generating the Renko charts will take care of the proper box size for you.

This is a huge advantage as it makes everything a lot easier and profitable.

The box size if the first and main filter. That’s what really makes trading Renko charts special… almost magic. Suddendly all the clutter disappears and only clear trends pop up.

One Setup To Rule Them All

Thanks to the automatic calculation of the perfect box size for every financial instrument, HART does NOT need a specific setup for each of them. One setup is good for everything. We backtested and forward tested it on 10 different currency pairs with performances ranging from fairly good to extremely good on each of them. WITHOUT any kind of OPTIMIZATION.

You won’t need to “tweak” the EA settings… it’s the Renko chart that automatically adjusts itself based on the current volatility.

All you have to choose is between the “regular” approach or the “aggressive” one. Or use them both on separate charts!


What’s Inside HART

The strategy inside HART is simple and powerful at the same time.

It takes advantage of the Heiken Ashi candlesticks applied to Renko charts (instead of standard charts). Heiken Ashi is a candlestick drawing method that also uses past candles in order to calculate the value of the current one. This smooths things out and helps identifying real trends.

Smoothing Fast

Filtering is a good thing, but too much filtering may lead to some lagging. To reduce the lagging factor we developed an “aggressive” strategy that uses the values associated to the previous Heiken Ashi bar as possible entry levels. In this case we won’t wait for the present bar to close: as soon as price breaks above or below the previous bar, HART EA is ready to enter a trade.

One Trade Per Pair And No Hedging

The strategy is so simple and profitable that we don’t need to have multiple trades per pair and to hedge them. HART simply constantly swings between long and short positions. So every currency pair will have one single trade: Long or Short based on the trend evaluation algorithm of HART.


Who said that Renko charts can’t be backtested? Well it’s not easy but it can be done. We used tick by tick data starting from January 2012 to generate our Renko charts and we used this data to test our strategies.

Here you can find performances for 10 pairs for both the regular and the aggressive strategy over a period of 25 months (starting from 01/01/2012). You can click on the images if you want to read the detailed statement.

AUDUSD Regular (Gain +28.21%)

AUDUSD Aggressive(Gain +59.85%)

EURGBP Regular(Gain +28.67%)

EURGBP Aggressive(Gain +45.85%)

EURJPY Regular(Gain +82.96%)

EURJPY Aggressive(Gain +120.16%)

EURUSD Regular(Gain +51.11%)

EURUSD Aggressive(Gain +84.29%)

GBPCHF Regular(Gain +19.50%)

GBPCHF Aggressive(Gain +52.08%)

GBPJPY Regular(Gain +67.90%)

GBPJPY Aggressive(Gain +87.18%)

GBPUSD Regular(Gain +30.18%)

GBPUSD Aggressive(Gain +61.69%)

NZDUSD Regular(Gain +21.52%)

NZDUSD Aggressive(Gain +40.79%)

USDCHF Regular(Gain +36.88%)

USDCHF Aggressive(Gain +61.06%)

USDJPY Regular(Gain +43.26%)

USDJPY Aggressive(Gain +64.05%)

XAUUSD Regular (Gain +144.25%)

XAUUSD Aggressive(Gain +234.87%)

The total on 10 currency pairs for 25 months of trading are:

  • Regular Strategy: +410.19% (Monthly average: +16.40%)
  • Aggressive Strategy:  +677.00% (Monthly average: +27.08%)

The total on Gold for 25 months of trading are:

  • Regular Strategy: +144.25% (Monthly average: +5.77%)
  • Aggressive Strategy:  +234.87% (Monthly average: +9.37%)

And that with and a maximum drawdown per pair that never exceeded 8.4%.

Forward Accounts

Here are the 4 accounts we started, 2 for the regular strategy and 2 for the aggressive approach.

What You Get

  • RenkoLiveChart EA (Pimped version with automatic calculation of best pip box size)
  • Heiken Ashi Smoothed Indicator
  • Two templates (one for regular and one for aggressive strategy) to easily apply the EA
  • An always updated online manual with instructions
  • Email Support

Ready To Buy?

If you are interested in the HART EA you can buy it from here.

HART Expert Advisor (for MT4) – FREE

RenkoLiveChart EA
Heiken Ashi Smoothed Indicator
Two chart templates
Online manual
Email Support

The EA works on every MT4 platform.
The license is for one live account and any demo account.

Learn how to get it for FREE!

HART Expert Advisor (for MT4) – $249,99

RenkoLiveChart EA
Heiken Ashi Smoothed Indicator
Two chart templates
Online manual
Email Support

The EA works on every MT4 platform.
The licence is for one live account and any demo account.


Please review our Refund Policy

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15 thoughts on “HART

  • Barry

    I’m running HART EA in aggressive mode on EURUSD/GBPJPY/EURJPY using .01 lots and the M5 timeframe (M2 offline). I’ve ran it since 2-3-2014. I have not tweaked any settings. The EA has consistently lost several trades (more losers than winners) and it really seems to get beaten up when the currency is ranging instead of trending.
    Any idea how I can improve its performance?
    Is another release coming to help ranging currencies?


    • Paolo

      Hi Barry, yes we are working on an update that includes take profit levels. Our forward tests have not been exceptional either so far. Sorry for replying with such delay to your comment, lots of spam in our way lately …

  • Carl Tilley


    You mentioned backtesting a while back for HART and how tricky it was.
    When are you going to be able to do an explanation of the process for this so anyone can
    do it? Do we have to convert the offline M2 history somehow?


  • Carl Tilley


    Just for fun I backtested the Hart EA on Silver spot but using a normal M5 chart and it lost 23k on a 50k test without drawdown hardly, the curve was extremely smooth and consistant.
    Just a thought, but if the EA could reverse the trade direction then it would have made 23k (from 1.1.2014 to 28.3.14) thats in 3 months!
    I know it wasn’t supposed to be used in this way but it was an interesting test.

  • Barry

    Paulo when do you anticipate having a newer version of the HART EA available? I have turned it off due to poor performance the last 30+ days.


  • Peter McDonald

    Support is nonexistent. Obviously the posts which show you up in a poor light are not posted here.
    Some simple manners in replying to your customers would be a good start.

  • Niels

    Hey Paolo,

    Your backtest results are pretty meaningless. I see for all of them that the modeling quality is around 25%.
    You should first download the last 5 million M1 bars or so in MT4’s History Center, and then run new backtests on the downloaded data.
    Another tip I have is that you should have a look at incorporating the Stochastic (14,3,3) in your strategy for filtering out most of the fake entry signals. I set the Overbought/Oversold limits to 85 and 15 instead of the default 80 and 20 for added entry confirmation.

    But very much thank you for the Renko Live charts 4.11!

  • Vasile

    I have purchased HART EA from [XXX] How can I get the Upgrade to HART V1.01 ?
    I use MT4 Build 830, and I think it’s not working quite well.


    • Andrea Post author

      Hi Vasile,

      I’m sorry but you bought it from an illegal source and the file you got in reality is a cracked version of the original one.

      You can by the original one here:

      That means that I can’t provide you with the updated version.

      Kind Regards,

  • Hamidi

    Dear Sir

    I have written an EA for Renko chart but it does not run on it !!!

    Could you please guide me? Why dos not my EA run on my Renko chart? (I create my Renko chart by RenkoLiveCharts_Pimped_v4_13 run it on mt4)

    I can backtest it, but it does not work in real time when I attach it to my Renko chart !!!