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Heiken Ashi SMC (MT5) — review, price and free alternatives
MT5 indicatorfree on MQL5by Gabriel Alejandro Sanchez Lledo
Heiken Ashi SMC is a free MetaTrader 5 indicator by Gabriel Alejandro Sanchez Lledo on the MQL5 Market — download it there; we host no third-party files. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you use it.
Heiken Ashi SMC — key facts
- Platform
- MetaTrader 5 (MT5)
- Product type
- Indicator
- Developer
- Gabriel Alejandro Sanchez Lledo
- Price
- Free
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Heiken Ashi SMC on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
WARLOCK Heiken Ashi SMC Elite MT5 The Ultimate Non-Repainting Heiken Ashi + Smart Money Concepts Indicator Finally, a Heiken Ashi that never repaints combined with powerful Smart Money Concepts — all in one premium tool.
Before you use Heiken Ashi SMC
What the developer claims
- WARLOCK Heiken Ashi SMC Elite MT5 is the most advanced and cleanest non-repainting indicator on the MQL5 Market.
Quoted from the listing. We have not tested these claims.
What to check first
- Where you download it. Only from its MQL5 page — copies passed around elsewhere can be altered.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on Heiken Ashi SMC
Compiled from its public MQL5 listing. FxRobotEasy has not traded Heiken Ashi SMC; what these notes say about how it works comes from that listing.
Overview
This comprehensive 2026 Heiken Ashi SMC review examines real performance and trading analysis to help you make informed decisions. Heiken Ashi SMC by Gabriel Alejandro Sanchez Lledo represents a comprehensive automated trading solution for MT5 traders. What sets Heiken Ashi SMC apart is its balanced approach to trade execution and capital preservation.
Risk notes
Heiken Ashi SMC implements a moderate risk profile with configurable parameters for different trading styles. The system uses stop losses on all positions and employs dynamic position sizing based on account equity. Recommended minimum account size ensures proper risk distribution.
Listed strengths
- MT5 platform compatibility
- Developed by experienced Gabriel Alejandro Sanchez Lledo
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing Heiken Ashi SMC on MT5 requires copying the EA file to your platform's Experts directory. After restart, attach to appropriate charts and configure risk parameters. Always backtest with historical data before live deployment.
Free to try · from FxRobotEasy
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- Get the installer on a Windows PCNo sign-up to download. On a phone, send yourself the link.
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The team's notes, every day
- What we ship, what breaks and how we fix it
- Breakopedia AI in our bot — set up from your phone, run it on a Windows PC
- Questions answered in the bot
Heiken Ashi SMC or Breakopedia AI?
| Heiken Ashi SMC | Breakopedia AI | |
|---|---|---|
| How you get it | Free on MQL5 | Free installer; runs on a demo account first |
| Platform | MT5 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Gabriel Alejandro Sanchez Lledo | FxRobotEasy |
Heiken Ashi SMC — questions
What is Heiken Ashi SMC?
Heiken Ashi SMC is a MetaTrader 5 indicator published on the MQL5 Market by Gabriel Alejandro Sanchez Lledo, and it is listed at no charge. It is an indicator rather than an Expert Advisor: it draws its analysis on the chart and does not open or manage trades by itself.
Does Heiken Ashi SMC work on MT4 or MT5?
Heiken Ashi SMC runs on MetaTrader 5, not MetaTrader 4. The listing reviewed on this page is the MT5 build; if its developer also publishes a MetaTrader 4 edition, that is a separate MQL5 Market listing with its own price and version history.
Is Heiken Ashi SMC free to download?
Yes -- Heiken Ashi SMC is listed on the MQL5 Market at no charge, as recorded when its listing was last checked on 2026-04-13. The file is downloaded from the developer's (Gabriel Alejandro Sanchez Lledo) product page on mql5.com and installed into MetaTrader 5.
Is there a verified track record for Heiken Ashi SMC?
FxRobotEasy has not traded Heiken Ashi SMC on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for Heiken Ashi SMC elsewhere comes from its developer or from a third party.
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Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.