Heiken Ashi Candles indicator
- Indicators
- DMITRII GRIDASOV
- Version: 1.55
- Updated: 20 December 2024
This is Free product you are welcome to use for your needs!
Also I very appreciate your positive feedbacks! Thanks a lot!
// Great Trading Robots and Indicators are available here: https://www.mql5.com/en/users/def1380/seller
Crypto and Forex Indicator: Heiken Ashi Candles for MT4. No Repaint.
- Indicator Heiken_Ashi_Candles is very useful auxiliary indicator to make trend more visible.
- It's useful for making candlestick charts more readable and trends easier to analyze.
- Most profits are generated when markets are trending, so predicting trends correctly is necessary.
- The Heikin-Ashi chart is constructed like a regular candlestick chart except the formula for calculating each bar is different
- Heikin-Ashi has a smoother look, as it is essentially taking an average of the movement.
- Green candles with no lower "shadows" indicate a strong uptrend.
- Red candles with no higher shadows identify a strong downtrend.
- Candles with a small body surrounded by upper and lower shadows indicate a trend change or correction.
It is original product which is offered only on this MQL5 website.
Works perfectly in my daily TF trading. Will be buying one of the EAs soon.