Heiken Ashi Candles indicator
- Indicators
- DMITRII GRIDASOV
- Version: 1.51
- Updated: 22 February 2024
This is Free product you are welcome to use for your needs!
Also I very appreciate your positive feedbacks! Thanks a lot!
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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.
The indicator works great thanks a lot!