Indicators: Heiken Ashi Smoothed
newdigital, 2013.11.13 14:09
Heiken Ashi Smoothed (based on asiapacfinance.com article)
In this video, we conduct a simple review of how we would trade the Heiken Ashi Smoothed MT4 indicator
In the Video above, the silver moving line is the price. The blue and red indicators are the Heiken Ashi bars. Blue indicates bullish momentum, while red indicates bearish momentum.
This indicator will probably work well in combination with another indicator. It reduces “fake-outs” and fake reversals while keeping you in trends with momentum indicated by the color of the bars.
Heikin Ashi is a type of trading chart that originated in Japan (heikin ashi translates as average bar). Heikin Ashi charts are similar to candlestick and bar charts in that they show similar information (the open, high, low, and close of the time frame), but Heikin Ashi charts calculate the information differently.
Heikin Ashi charts are used in trading in the same manner as standard candlestick or bar charts (i.e. chart patterns are used to indicate price movements). However, Heikin Ashi charts have an additional aspect in that the direction of the bar (i.e. its color for candlesticks) is supposed to indicate the overall direction of the market, while ignoring the intermediate direction (e.g. false changes of direction).
Hello.
Problems compiling. Buid 910
'Heiken_Ashi_Smoothed.mq5' Heiken_Ashi_Smoothed.mq5 1 1
can't open "C:\Users\THIAGO\AppData\Roaming\MetaQuotes\Terminal\FB9A56D617EDDDFE29EE54EBEFFE96C1\MQL5\include\SmoothAlgorithms.mqh" include file Heiken_Ashi_Smoothed.mq5 29 11
'CXMA' - declaration without type Heiken_Ashi_Smoothed.mq5 32 1
'Smooth_Method' - declaration without type Heiken_Ashi_Smoothed.mq5 66 7
'XMAO' - undeclared identifier Heiken_Ashi_Smoothed.mq5 88 14
'MA_SMethod' - undeclared identifier Heiken_Ashi_Smoothed.mq5 88 32
'XMAO' - undeclared identifier Heiken_Ashi_Smoothed.mq5 143 18
'MA_SMethod' - undeclared identifier Heiken_Ashi_Smoothed.mq5 143 66
'XMAC' - undeclared identifier Heiken_Ashi_Smoothed.mq5 144 18
'XMAH' - undeclared identifier Heiken_Ashi_Smoothed.mq5 145 18
'XMAL' - undeclared identifier Heiken_Ashi_Smoothed.mq5 146 18
10 error(s), 0 warning(s) 11 1
Hello.
Problems compiling. Buid 910
'Heiken_Ashi_Smoothed.mq5' Heiken_Ashi_Smoothed.mq5 1 1
can't open "C:\Users\THIAGO\AppData\Roaming\MetaQuotes\Terminal\FB9A56D617EDDDFE29EE54EBEFFE96C1\MQL5\include\SmoothAlgorithms.mqh" include file Heiken_Ashi_Smoothed.mq5 29 11
'CXMA' - declaration without type Heiken_Ashi_Smoothed.mq5 32 1
'Smooth_Method' - declaration without type Heiken_Ashi_Smoothed.mq5 66 7
'XMAO' - undeclared identifier Heiken_Ashi_Smoothed.mq5 88 14
'MA_SMethod' - undeclared identifier Heiken_Ashi_Smoothed.mq5 88 32
'XMAO' - undeclared identifier Heiken_Ashi_Smoothed.mq5 143 18
'MA_SMethod' - undeclared identifier Heiken_Ashi_Smoothed.mq5 143 66
'XMAC' - undeclared identifier Heiken_Ashi_Smoothed.mq5 144 18
'XMAH' - undeclared identifier Heiken_Ashi_Smoothed.mq5 145 18
'XMAL' - undeclared identifier Heiken_Ashi_Smoothed.mq5 146 18
10 error(s), 0 warning(s) 11 1
Hi Thiago, these eleven errors are common and occur thanks to the smoothalgorithms.mqh file. There's no point in trying to correct them, as this would change the calculation logic within the smoothalgorithms.mqh include file.
So just disregard these error messages that appear during compilation and everything will work normally.
Best regards,
Malacarne
Good afternoon Malacarde.
Isn't it necessary to compile? So... it's not showing up on my platform, even with the .mql5 file inside the indicators folder, which I opened through the platform via the data folder
Good afternoon Malacarde.
Isn't it necessary to compile? So... it's not showing up on my platform, even with the .mql5 file inside the indicators folder, which I opened through the platform via the data folder
Hi Thiago, it does need to be compiled... however, before compiling, make sure that the smoothalgorithms.mqh file is INSIDE the MQL5/Includes/ folder.
Once the .mqh file is in the correct folder, you can compile Heiken Ashi Smoothed.
If you have any questions, just let me know.
Best regards,
Malacarne
Hello
1- Please i want to download this indicator , please attach it
2- Is there is any kind of bug in it ?
3- what is the best indicator settings for M5 and M1 and M15 ?
Waiting your reply , thank you in advance.
Hi Thiago, it is necessary to compile... however, before compiling, make sure that the smoothalgorithms.mqh file is INSIDE the MQL5/Includes/ folder.
Once the .mqh file is in the correct folder, you can compile Heiken Ashi Smoothed.
If you have any questions, just let me know.
Best regards,
Malacarne
It didn't work. I couldn't use it
Your mt5 is probably not in portable mode.
Then do the following:
Compile, and look for a message like
go to this folder, in the example case it would be
C:\Users\THIAGO\AppData\Roaming\MetaQuotes\Terminal\FB9A56D617EDDDFE29EE54EBEFFE96C1\MQL5\include\
and paste the include file. Then just compile and you'll be fine.
To avoid these kinds of problems, it's best to install mt5 and run it in portable mode.
Cheers,
Romeo.
It didn't work. I couldn't use it
Hello wellsmaciel,
It's not enough to copy the file to the MQL5\Include folder. You also need to specify the correct path to the file inside the Expert Advisor calling this .mqh .
Best regards,
Malacarne
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
You agree to website policy and terms of use
Heiken Ashi Smoothed:
Heiken Ashi Smoothed indicator is a modified standard Heiken Ashi indicator.
The difference is that it uses smoothed price time series values instead of current ones. Such method allows to filter many false signals that could possibly have appeared, in case the indicator had been calculated in a standard way.
Author: Nikolay Kositsin