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Heiken Plus Indicator MT4

HEIKEN PLUS is the only indicator you really need to be a successful trader, without in depth knowledge of the forex trading or any tools. 

Also there is automatically trading MT5 EA available now: https://www.mql5.com/en/market/product/89517? with superb SL/TP management! and sky high profit targets !  MT5 ONLY !

For Metatrader5 version visit: https://www.mql5.com/en/market/product/83761?source=Site


Very suitable tool for new traders or advanced traders too.

HEIKEN+ is a combination of 2 indicators : normal Heiken Ashi and Heiken Ashi smoothed.
It sends signal when these two meet with signals and confirm the same trend.

This is one of the best forex indicators I have used in 10 years of trading. 
It's very reliable,  smart and simple to use. Works on any currency and any timeframe, although I recommend 1 MIN/5 MIN or 4 HOUR/1HOUR
It can't get more simple than this:

  Green up arrow = you should open buy trade.

  Red down arrow = you should open sell trade.


-HEIKEN plus offers clear signals when to open trades without you needing to calculate with numbers or any levels, no strategy needed.

Just BUY and SELL when arrows appear, and close trade when opposite arrow shows up. And open the new trade based on last arrow. 

In input parameters you can de/activate alerts and push notifications , and optimize calculation methods for the signals ( I don't recommend changing settings)

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Using stop loss and take profit may further increase your profits but it is not necessary. Sometimes its better to just wait for a trend to move with profitable way and close trade after some significant price retracement.
Example use of SL/TP : 

Take Profit - should be set to 2*the distance of last opposite signal from current price. Example: green arrow shows up, you open buy, drag your TP level to a point where last red arrow was, and then drag TP level up again, by the same distance
Stop Loss -   should be set to a same distance as a take profit.

-sometimes on low timeframes arrows are too close together so the last rule about TP/SL cannot really be used,

in that case you can use rule about biggest candle on chart. TP and SL level should be set to a distance equal to largest candle size that you see on your current chart.

I understand that new traders will have no idea how to use SL/TP most effectively because there is lot of different cases ( low tf/big tf / strong trend/ no trend/ big breakouts)
and in all those cases we should use different rules about setting SL/TP,

but again I must highlight that trading by arrow signals rules is more important than SL/TP levels

(-*screenshots are from MT5 version)



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ICT, SMC, SMART MONEY CONCEPTS, SMART MONEY, Smart Money Concept, Support and Resistance, Trend Analysis, Price Action, Market Structure, Order Blocks, BOS/CHoCH,   Breaker Blocks ,  Momentum Shift,   Supply&Demand Zone/Order Blocks , Strong Imbalance, HH/LL/HL/LH,    Fair Value Gap, FVG,  Premium  &   Discount   Zones, Fibonacci Retracement, OTE, Buy Side Liquidity, Sell Side Liquidity, BSL/SSL Taken, Equal Highs & Lows, MTF Dashboard, Multiple Time Frame, BigBar, HTF OB, HTF Market Structure, 
Advanced Supply Demand
Bernhard Schweigert
4.92 (313)
Derzeit 33% Rabatt! Die beste Lösung für jeden Anfänger oder erfahrenen Händler! Dieser Indikator ist ein einzigartiges, qualitativ hochwertiges und erschwingliches Trading-Tool, da wir eine Reihe von proprietären Funktionen und eine neue Formel integriert haben. Mit diesem Update werden Sie in der Lage sein, doppelte Zeitrahmenzonen anzuzeigen. Sie können nicht nur einen höheren TF (Zeitrahmen) anzeigen, sondern sowohl den Chart-TF als auch den höheren TF: SHOWING NESTED ZONES. Alle Supply Dema
Trend Line Map Pro
STE S.S.COMPANY
4.73 (15)
Trend Line Map Indicator ist ein Add-On für Trend Screener Indicator . Es arbeitet als Scanner für alle Signale, die vom Trendscreener (Trendliniensignale) erzeugt werden. Es ist ein Trend Line Scanner basierend auf dem Trend Screener Indicator. Wenn Sie keinen Trend Screener Pro Indicator haben, funktioniert die Trend Line Map Pro nicht. Wenn Sie auf unseren MQL5-Blog zugreifen, können Sie die kostenlose Version des Trend Line Map-Indikators herunterladen. Probieren Sie es aus, bevor S
TrendDecoder Premium
Christophe Pa Trouillas
5 (6)
Identifizieren Sie Bereiche und die nächsten wahrscheinlichen Bewegungen   |  Erhalten Sie früheste Signale und die Stärke von Trends   |  Klare Ausstiegssignale vor Umkehrung   |  Erkennen Sie die Fibo-Levels, die der Kurs testen wird Indikator, der nicht zurückverfolgt, nicht verzögert - ideal für den manuellen und automatisierten Trading - geeignet für alle Vermögenswerte und Zeiteinheiten Zeitlich begrenztes Angebot   >> 50% OFF Nach dem Kauf,   bitte kontaktieren Sie mich auf diesem Kanal  
DERZEIT 31% RABATT! Die beste Lösung für jeden Newbie oder Expert Trader! Dieser Indikator ist ein einzigartiges, qualitativ hochwertiges und erschwingliches Handelsinstrument, da wir eine Reihe von proprietären Funktionen und eine geheime Formel eingebaut haben. Mit nur EINEM Chart liefert er Alerts für alle 28 Währungspaare. Stellen Sie sich vor, wie sich Ihr Handel verbessern wird, weil Sie in der Lage sind, den genauen Auslösepunkt eines neuen Trends oder einer Scalping-Gelegenheit zu e
FX Volume
Daniel Stein
4.61 (36)
Erhalten Sie Ihr tägliches Marktupdate mit Details und Screenshots über unser Morning Briefing hier auf mql5 und auf Telegram ! FX Volume ist der ERSTE und EINZIGE Volumenindikator, der einen ECHTEN Einblick in die Marktstimmung aus Sicht eines Brokers bietet. Es bietet fantastische Einblicke in die Positionierung von institutionellen Marktteilnehmern, wie z.B. Brokern, auf dem Forex-Markt, viel schneller als COT-Berichte. Diese Informationen direkt auf Ihrem Chart zu sehen, ist der wahre Game
Weitere Produkte dieses Autors
HEIKEN PLUS is the only indicator you really need to be a successful trader , without in depth knowledge of the forex trading or any tools. Also there is automatically trading EA available now: https://www.mql5.com/en/market/product/89517? with superb SL/TP management! and sky high profit targets !!! Very suitable tool for new traders or advanced traders too. This is MT5 version. For MT4 version visit :  https://www.mql5.com/en/market/product/85235?source=Site HEIKEN+ is a combination o
The Quantitative Qualitative Estimation (QQE) indicator is derived from Wilder’s famous Relative Strength Index (RSI). In essence, the QQE is a heavily smoothed RSI. Modification of this version: ( converted from tradingview script by Mihkell00, original from Glaz) So there are Two QQEs. One that is shown on the chart as columns, and the other "hidden" in the background which also has a 50 MA   bollinger band   acting as a zero line. When both of them agree - you get a blue or a red bar.
Trend Meter MT5
Filip Valkovic
5 (1)
Very powerful indicator! converted from TradingView with upgraded alerts and added notifications.  Ideal use in EAs. Use as a supplementary Indicator to confirm your entries, but it is as good on it's own. The indicator consists of 3 different Trend Meters and a  2 Trend Bars which are used to confirm trend How to Use: The more Trend meters are lit up the better =>>   -more GREEN COLOR at one bar means more confirmation to open buy  trade, - more RED COLOR signals for one bar = more
RISK CALCULATOR - TRADING PANEL - CHART OVERLAY with:   PARTIAL TAKE PROFIT  ("virtual TP")   % RISK LOT SIZE  TRAILING STOP LOSS  Fast and simple control of your trades Easy lot size calculation with easy SL/TP setting. Your trading will be much more comfortable with this tool!   Works like any EA, add it to selected chart and trade ! (this version is converted from MT4) Features: start trade with   calculated lot   based on   % of account balance * that you want to risk/ or base
this is DEMO VERISON (for demo acc.) of  TRADING OVERLAY with PARTIAL take profit    ("virtual TP")   and % risk lot size   --- full version available   on my 'seller page' as well as version for MT4 Take better control of your trades with ease ! Easy lot size calculation with easy SL/TP setting. Your trading will be much more comfortable with this tool!   Main goal with this tool is very SIMPLE and FAST operation!    Works like any EA, add it to selected chart and trade ! Features: start
FREE
RISK TO REWARD TOOL for MT5 with UI on chart: (creates similar RR boxes like on tradingview)  -creates and deletes draggable boxes on chart, ANY SYMBOL, ANY TF. Menu buttons: NEW BUY,       NEW SELL,     DELETE ALL,   ( and minimize) -draggable target TP level -draggable SL limit level -text labels with pips SL TP, RR ratio-there is  no limit of boxes -but program remembers first 100 boxes after changing input. there is parameter "delete_on_init" so false = every created box stays as it is,
CUSTOM Currency strength indicator -CHOOSE ANY CURENCIES that you want to calculate strength for, indicator will automatically compare all symbols /pairs from 8 selected currencies based on KU-chart calculations. -8 major currencies are used by default -add indicator to any chart -made for 15min timeframe= last 1 day change calculated, 30min = last 2 days and so on -clear currency distinguish  by color and name on chart  -if you chose non-standard currency, make sure all of inputted val
FREE
RISK CALCULATOR - TRADING PANEL - CHART OVERLAY with:   PARTIAL TAKE PROFIT  ("virtual TP")   % RISK LOT SIZE  TRAILING STOP LOSS  Fast and simple control of your trades Easy lot size calculation with easy SL/TP setting. Your trading will be much more comfortable with this tool!   Works like any EA, add it to selected chart and trade ! Features: start trade with   calculated lot   based on   % of account balance * that you want to risk/ or based on   how much money you want to risk 
Tool converted from tradingview. A simple indicator that plots difference between 2 moving averages and depicts convergance/divergance in color coded format. Anything <= 0 is   red   and shows a   bearish   trend whereas > 0 is   green   and shows   bullish   trend. Adjust the input parameters as following for your preferred time frame : 4-Hr: Exponential, 15, 30 Daily: Exponential, 10, 20 Weekly: Exponential, 5, 10
FREE
TRADING PANEL - CHART OVERLAY with:   PARTIAL TAKE PROFIT  ("virtual TP")   % RISK LOT SIZE  TRAILING STOP LOSS  Fast and simple control of your trades this is DEM0 VERISON (for DEM0 acc.)   of    TRADING OVERLAY with PARTIAL take profit    ("virtual TP")   and % risk lot size   --- full version available   on my 'seller page' as well as version for MT5 Easy lot size calculation with easy SL/TP setting. Your trading will be much more comfortable with this tool ! Works like any EA, ad
FREE
Virtual Assistant MINI   VIRTUALL ASSISTANT = MAKE YOUR TP AND SL VIRTUAL!   Tool meant to control your stop loss and take profit by converting them to virtual SL/TP (with support for TRAILING) Convert all SL and TP to virtual so your exits on trades are hidden from your broker! Run this EA on any graph, choose 1MIN timeframe (VA is autosaving data only on new bar detected, so graph TF equals to VA autosave period) !!! When using virtual trade exits, stable connection is needed for order execut
FREE
Simple Stats is utility for history management. Allowing you to clearly see trading performance for each symbol separately , and so it helps you to find the most and the worst profitable type of trades based on past results. History period depends on settings of your terminal, so if you want to get report for each month, you have to use custom period and run SIMPLE STATS for each. SS will  distinguish reports with filename - each history report is named with account number and date of the oldest
FREE
AGS Scalping 2
Filip Valkovic
AGS Scalper 2  is a powerful and versatile trading robot with very customizable risk/profit Trading strategy : identification of overbought and oversold conditions of the market, and checking for trend reverse Just look at the first screenshot .  I’ve made 264% profit per month!  First month u sing this EA, I achieved  win   ratio 100% with maximal DD 18%.  It was just from one pair, this EA can run on more pairs, maximizing profit and minimalizing risk .   It was just the first version of AGS
VIRTUALL ASSISTANT = MAKE YOUR TP AND SL VIRTUAL!   Tool meant to control your stop loss and take profit. Main idea of this program is to convert all SL and TP to virtual so your exits on trades are hidden from your broker. Run this EA on any graph, choose 1MIN timeframe (VA is autosaving data only on new bar detected, so graph TF equals to VA autosave period) !!! When using virtual trade exits, stable connection is needed for order execution! Best works with VPS! Developed with ECN accounts. 
AUTOMATIC TRADE COPIER for local * use . (copy trades between several metatrader terminals on the local computer/ *or GLOBALLY after setting your network /server !) Can copy trades from one or several main MT4 accounts to several MT4 and MT5 accounts (no limit). For MT4 to MT5 copy you have to also get version for Metatrader 5 here:  https://www.mql5.com/en/market/product/80843 - very fast execution (theoretically up to 5ms delay, depends on computer speed) - user can set speed of copying
Chart Notes = MULTI LINE TEXT INPUT ON CHART FOR MT4   is finally here! # sticky notes This indicator is a powerful text editor for placing notes on chart, similarly like the feature on Tradingview.  There are 2 types of messages: anchored (on screen ) and free (on chart).  1. Anchored = stays on the same place on screen (x point, y point) -this text can be   EDITED on click   (first line is for dragging the message around- this line is edited via right clicking- >properties) -move the mess
Smart Manager Dashboard
Filip Valkovic
5 (1)
Smart Manager Dashboard - with auto virtual TP and auto virtual SL for all trades. -this EA is a powerful trade manager that can manage all symbols and all trades at once , all from one chart so it is a must have tool for every trader who keeps more trades at once. -it mainly does 2 things : INFO ABOUT TRADES and CLOSING TRADES   (grouped by their symbol, so with this tool it is very easy and fast to manage even hundreds of trades ) -add to any chart, any timeframe and you are all set -this
Classic Fractals indicator for MT4, with additional Trendlines connecting the latest couples of fractals ( fractals are showing highest high, and lowest low on each period) Rules for trendlines: -if new top fractal is below the last one = new resistance line -if new bot fractal is above the last one = new support line -Trendlines can be hidden -Fractals can be hidden Fractal Period = can be both even or uneven number, as it is setting for half (one side) of the bars sequence
This Fibonacci Indicator is showing fibo retracement lines on chart for EA trading same as the default tool from Metatrader's menu, except this one is fully automatic and changes along with the chart (with modes B and C, then mode A is always fixed by set levels) AND it also offers the line levels for the Expert Advisors to read (buffers) , so you can set your trades based on crossover\crossunder on those fibo lines. You can choose from 3 modes for selecting the max HIGH and min LOW limit,
finally coming to MT5 too: AGS Scalper 2  is a powerful and versatile trading robot with very customizable risk/gain ratio Trading strategy :   identification of overbought and oversold conditions of the market, and checking for trend reverse Just look at the first screenshot .  I’ve made 264% profit per month!  First month u sing this EA, I achieved  win   ratio 100% with maximal DD 18%.  It was just from one pair, this EA can run on more pairs, maximizing profit and minimalizing risk .   It
AUTOMATIC TRADE COPIER for local *   use . (copy trades between several metatrader terminals on the local computer/ *or GLOBALLY after setting your network /server !) Can copy trades from one or   several main MT5 accounts   to several MT5 and MT4 accounts   (no limit). For MT5 to MT4 copy you have to also get version for Metatrader 4 here : https://www.mql5.com/en/market/product/80842 - very fast execution (theoretically up to 5ms delay, depends on computer speed) - user can set speed of co
EXPER ADIVSOR that gets economic news calendar from forexfacotry.com and calculates time until next news happen or since last news happened. It shows exactly same output as ffcal for MT4 by Derk Wehler, original version may be available at forexfacotry This version is clean, done  WITHOUT ANY DLL IMPORTS !!!  Additionally it creates excel file  with latest news  in your datafolder-> ".../MQL5/Files" , (* so this data can be used if  you want to use news in EA , just load data from this file
Tool converted from tradingview indicator. Modified version with pivot points calculated in a more intuitive way. This tool displays relative   volatility   and directional trend. Excellent way to pickup diversions and reversals. Length can be lowered to 11 or 13 in settings to show price range. Can be used to identify patterns such as parallel channels and likely direction of price action.
I automated trading strategy based on my HEIKEN+ Indicator which is included in this EA, and it worked out very well !   "HEIKEN PLUS is the only indicator you really need to be a successful trader , without in depth knowledge of the forex trading or any tools." Very suitable tool for new traders or advanced traders too. Check my seller page to see info about the indicator.  HEIKEN+ is a combination of 2 indicators : normal Heiken Ashi and Heiken Ashi smoothed. It sends signal when thes
Chart Notes = MULTI LINE TEXT INPUT ON CHART FOR MT5 is finally here! # sticky notes This indicator is a powerful text editor for placing notes on chart, similarly like the feature on Tradingview. There are 2 types of messages: anchored (on screen ) and free (on chart).  1. Anchored = stays on the same place on screen (x point, y point) -this text can be EDITED on click (first line is for dragging the message around- this line is edited via right clicking- >properties) -move the messages by
Smart Manager Dashboard - with auto virtual TP and auto virtual SL for all trades. [Converted from MT4 version - All screenshots are from MT4] -this EA is a powerful trade manager that can   manage all symbols and all trades at once , all from one chart so it is a   must have tool for every trader   who keeps more trades at once. -it mainly does 2 things :   INFO ABOUT TRADES   and   CLOSING TRADES   (grouped by their symbol, so with this tool it is   very easy and fast to manage even hundred
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