Watch how to download trading robots for free

Find us on Telegram!
Join our fan page

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Views:: 9233
Rating:: (25)
Published:: 2012.12.20 07:25
Updated:: 2016.11.22 07:32

heikinashi_sepwnd.mq5 (4.45 KB) view

Download as ZIP, How to download code from MetaEditor

: Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

The indicator with a period equal to 1 is identical to Heikin Ashi from the standard delivery of MetaTrader. If the period is more than one, the instrument will not respond to small rollbacks, but the trend reversal will be a little delayed (though this is a ''disease'' of practically all trend instruments).

Comparison of the standard Heiken_Ashi indicator with the HekinAshi_SepWnd indicator with a period equal to 2:

HeikinAshi_SepWnd

Recommendations:

It is not recommended to use the Heikin Ashi indicator with a period more than 5.
The indicator can determine not only the direction of the trend, but pull stop by open price of the previous candlestick of Heikin Ashi (with a period equal to 1-3).

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/1269

Gaus_MA

The indicator calculates the Moving Average using a modified algorithm of the linearly weighed Moving Average.

Exp_XMA_Ishimoku_Channel

The breakthrough system using the XMA_Ishimoku_Channel indicator.

XXMA

Digital adaptive XXMA Moving Average represents subtype of Moving Averages with a digital flat-trend filter and is made to separate the angular direction of price movement (trend) from the horizontal (flat) for effective trend trading.

XATRStopLevel

The indicator gives Stop Loss value for open position on the basis of the XATR indicator.

HeikinAshi_SepWnd - indicator for MetaTrader 5