Heikin Ashi (better formula) - page 11

[Mladen Rakic]

mladen:
That makes a lot more sense now. Thank you.

Happy trading

[Sergey Golubev]

Example of Heiken Ashi Using Multi Time Frame (MTF) - expert for MetaTrader 

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Heiken Ashi in Subwindow - indicator for MetaTrader 4 

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HA Arrows - indicator for MetaTrader 4

[rabada]

Hello there mladen, I surmise you are correct: I imply that the RSI or the albWPR are determined dependent on the HA open, close, high and low light qualities. I attempted to execute the albWPR on HeikenAshi, however I didn't succeded. If you don't mind find appended an all-encompassing HeikenAshi indi rendition (with KAMA and ALMA) and my preliminary of the RSI or the albWPR indi.

[Sergey Golubev]

How to create a custom indicator (Heiken Ashi) using MQL5

It is about a method to overcome this challenge by benefiting from the iCustom function and creating your custom indicator following your terms and based on your preferences. We will also see an example, as we will create a custom Heiken Ashi technical indicator and we will use this custom indicator in trading system examples.

[Sergey Golubev]

Forum on trading, automated trading systems and testing trading strategies

All About Price Action

Sergey Golubev, 2025.02.08 06:15

Price Action Analysis Toolkit Development (Part 11): Heikin Ashi Signal EA

In this article, we are excited to introduce the Heikin Ashi technique for trend reversal calculations, adding another layer to our integrated strategy that combines quantitative analysis with classic price action methods. One significant advantage of Heikin Ashi is its ability to filter out market noise, allowing traders to focus on the underlying trend without being distracted by minor price fluctuations. This approach smooths out market fluctuations and ensures that decisions are data-driven, providing a disciplined framework applicable to diverse financial markets worldwide.

[Sergey Golubev]

Building a Professional Trading System with Heikin Ashi (Part 1): Developing a custom indicator

This article is the first part of a two-part series. In part one, we will explore the theory behind Heikin Ashi candles, explain how they are calculated, and walk through the step-by-step process of coding a Heikin Ashi indicator from scratch using MQL5. The goal is not just to copy-paste source code but to truly understand the why behind each line of the source code so that you can apply these best practices when building your custom indicators.

[Sergey Golubev]

Building a Professional Trading System with Heikin Ashi (Part 2): Developing an EA

This article is the second part of the series "Building a Professional Trading System with Heikin Ashi." In Part One, we built a custom Heikin Ashi indicator using MetaQuotes Language 5 (MQL5), following best practices for custom indicator development. In this next part, we move a step further and develop an Expert Advisor named Zen Breakout, which uses our custom Heikin Ashi indicator and the standard MetaTrader 5 Fractals indicator to generate reliable breakout signals.