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Tipu Heikin Ashi Panel


Tipu Heikin-Ashi Panel is the modified version of the original Heiken Ashi indicator published by MetaQuotes here.

A professional version of this indicator is available here.


  • An easy to use Panel that shows the Heiken Ashi trend of selected timeframe.
  • Customizable Buy/Sell alerts, push alerts, email alerts, or visual on-screen alerts.
  • Customizable Panel. The panel can be moved to any place on the chart or minimized to allow more space.

Heikin means "the average", and Ashi means "foot" in Japanese. Heikin-Ashi is the Japanese charting technique that uses averages of prices for plotting candles. This technique smooths some noise in the candle charts in effort to give a better trend picture. Another example of a common smoothing indicator is moving averages, that can be used in conjunction with Heikin-Ashi.

How to Use

The blue candles mean uptrend, and the red candles mean downtrend. For example, if a pertinent period is upward, the panel will show blue color for that period. It will also display a visual "buy" signal after a change of candle from red to blue. As a best practice, it is recommended to consider signals from other timeframes and/or other indicators before making a trade decision.


Close = (Open+High+Low+Close)/

Open = [Open (previous bar) + Close (previous bar)]/2

High = Max (High,Open,Close)

Low = Min (Low,Open, Close)


  • Show Panel - visibility settings, select true/false to show the panel
  • Dialog Mode - Vertical/Horizontal - e.g. horizontal puts time frames horizontal.
  • Overlay Indicator - Choose this if you want Heikin Ashi on top of your personal Candlechart, Bar Chart, or Line Chart.
  • Uptrend Color - settings for uptrend color on the panel, to change uptrend candle color choose color settings besides input settings
  • Buy Signal Color - buy signal color on the panel, this will show buy/sell on change of the candle color
  • Downtrend Color - settings for downtrend color on the panel
  • Sell Signal Color - sell signal color on the panel
  • Alert Shift - candle delay for the signal, enter 1 if you want the alert sent after 1 candle to be passed
  • Alert Mobile - select true/false to get push notification on your device, make sure the device settings are correct here
  • Alert Onscreen - select true/false to get alert on the terminal, this alert shows in a separate window
  • Alert Email - select true/false to get email alerts, make sure email settings are correct here


int shift = 1; //use this for lookback, 0 means the most current candle, 1 means previous candle 

int iSignal = iCustom(_Symbol,_Period,"Market/Tipu Heikin Ashi Panel","",false,0,false,false,false,false,false,false,false,false,false,clrNONE,clrNONE,clrNONE,clrNONE,"",1,false,false,false,4,shift); 

int iTrend = iCustom(_Symbol,_Period,"Market/Tipu Heikin Ashi Panel","",false,0,false,false,false,false,false,false,false,false,false,clrNONE,clrNONE,clrNONE,clrNONE,"",1,false,false,false,5,shift); // 

if (iSignal == OP_BUY) //represented by "B" and "S" displayed on the panel, 
if (iTrend == OP_BUY) //represented by blue colored boxes
Bewertungen 20
Yerly 2022.10.16 08:21 

Indicateurs Tipu très bien fait. Merci.

John Winsome Munar
John Winsome Munar 2022.06.14 10:28 

Good and useful indicator

oldryder 2021.10.05 16:26 

Muy bueno

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Tipu Parabolic SAR Dashboard is based on the Tipu Parabolic SAR indicator. Please contact me here at MQL5 if you would like to use this panel for your custom signals. Tipu Parabolic SAR Dashboard is a multi-currency, multi-timeframe panel created to help traders in analyzing the markets quickly using the Parabolic SAR indicator signal. The dashboard panel is designed to help traders quickly change symbols and periods. If you are constantly missing trade opportunities while browsing through the
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Yerly 2022.10.16 08:21 

Indicateurs Tipu très bien fait. Merci.

Thippeswamaiah Jmath J M
Thippeswamaiah Jmath J M 2022.10.05 06:05 


John Winsome Munar
John Winsome Munar 2022.06.14 10:28 

Good and useful indicator

faithdefender 2021.10.10 22:08 

Thank you

oldryder 2021.10.05 16:26 

Muy bueno

Marco Pretto
Marco Pretto 2021.07.16 13:00 

Hi, is it no possible to have the possibililty to color the side of the candle and the shadow the same colour? Thanks for answering. Marco

prashant1234567 2021.02.12 15:19 

Very good

RedOverRed 2021.01.21 00:36 

5 star clear indicator

Cameron DAndrea
Cameron DAndrea 2021.01.09 15:39 

Tipu always has great products

Eliel Soares
Eliel Soares 2020.10.22 21:29 

o melhor do universo, não vai existir um indicador tão excelente quanto esse por muito, muito tempo.

Valentin Butorin
Valentin Butorin 2020.10.03 13:10 

Very helpful. Thanks

sanobalano 2020.09.23 05:07 

very good indicator!

nightcreow 2020.07.27 17:26 

thank you very much

Naser 2019.08.08 03:38 

Der Benutzer hat keinen Kommentar hinterlassen

Mathew thomas
Mathew thomas 2019.07.28 18:20 

Der Benutzer hat keinen Kommentar hinterlassen

Chua Wee Kiat
Chua Wee Kiat 2019.07.08 05:28 

Very useful !

Ngoc Nguyen
Ngoc Nguyen 2019.04.04 05:03 

Thanks. Good Heikin Ashi indicator.

Victor Manuel Valderrama Zamora
Victor Manuel Valderrama Zamora 2019.03.11 06:00 

Easy to identify trends!

AirOne1 2018.12.15 02:49 

Der Benutzer hat keinen Kommentar hinterlassen

sunnychow 2018.11.05 18:29 

Very good indicator

Antwort auf eine Rezension
Version 2.10 2018.02.05
Improved UI, the period settings are now controlled by the dialogue directly.
Fixed problem with overlay charts
Version 2.0 2016.08.03
Material UI refresh.
Added support for M30.
Added support for horizontal panel.
Reduced margins for more space.
Fixed alerts.
Fixed disappearing panel on window resize.
Fixed conflict with trade levels.
Various other improvements.
Version 1.11 2016.01.05
Minor adjustment
Version 1.10 2016.01.04
Fixed issue with loading chart templates. The panel was crashing on loading custom user template.
Fixed false buy signal on the panel caused by missing symbol history. After this update, if you continue to see false buy signals, please download history for the symbol (Tools --&gt; History Center).
Fixed multiple alerts.
Various performance improvement