Heiken Ashi CE Filtered MT5
- Indicators
- Mykola Khandus
- Version: 1.0
- Activations: 5
Heiken Ashi CE Filtered – Premium Buy/Sell Indicator with Advanced Filtering
Introducing the "Heiken Ashi CE Filtered" – a high-quality custom indicator designed for traders seeking precision and clarity in their trading signals. This premium indicator combines the smooth visual simplicity of Heiken Ashi candles with the power of an ATR-based chandelier exit strategy and a zero-lag LSMA filter for highly reliable buy and sell signals.
Key Features:
- Reliable Buy/Sell Signals: The indicator generates highly accurate entry and exit points using a sophisticated combination of ATR (Average True Range) with LSMA filtering, ensuring you never miss a trading opportunity.
- Zero-Lag LSMA Filter: The built-in zero-lag LSMA (Least Squares Moving Average) ensures smooth trend detection and eliminates noise, giving you clear insight into market direction.
- ATR-Based Chandelier Exits: Designed with advanced ATR calculations, the indicator automatically calculates support and resistance levels, providing effective stop-loss suggestions to optimize your trade management.
- Customizable Parameters: Easily adjust the ATR period, multiplier, and source prices for maximum flexibility to suit different trading styles and market conditions.
- Chart-Friendly Visualization: The indicator plots buy and sell signals directly on the chart with clear visual cues, and you can hide the original price candles for a cleaner view of the Heiken Ashi trend.
This is not just another indicator; it’s a powerful trading tool designed to help you maximize profits and minimize risk with precision.
How to Use:
- Buy Signal: Look for a green arrow when the price breaks above the LSMA-filtered ATR chandelier exit level, indicating a strong upward trend.
- Sell Signal: Look for a red arrow when the price breaks below the LSMA-filtered chandelier exit level, signaling a potential market downtrend.
The "Heiken Ashi CE Filtered" indicator is ideal for all types of traders – whether you're day trading, swing trading, or looking for long-term trends. It's compatible with both MT4 and MT5 platforms.