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Indicators

ZigZag On Heikin Ashi - indicator for MetaTrader 5

Serhii Ivanenko | English Русский 中文 Español Deutsch 日本語 Português
Views:
15008
Rating:
(33)
Published:
2012.12.24 14:14
Updated:
2016.11.22 07:32
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ZigZag version drawn using high and low of the Heikin Ashi indicator. When changing the color of the Heikin Ashi candlestick, the direction of the zigzag is changing respectively. The indicator realized the ability to specify the period of Heikin Ashi, and also displaying of enable/disable of the HA-candlesticks themselves.

  1. ZigZag on Heikin Ashi period equal to 1:

    2. ZigZag on Heikin Ashi ( Period = 1)

  2. ZigZag on Heikin Ashi period equal to 2 and enabled display of HA-candlesticks:

    3. ZigZag On Heikin Ashi (Period = 2, Show HA = true)

Recommendations:

  • More than 5-th period of the Heikin Ashi is not recommended.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/1318

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