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Tipu Heikin Ashi Panel

4.58

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.


Features

  • 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.


Calculation

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

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

High = Max (High,Open,Close)

Low = Min (Low,Open, Close)


Parameters

  • 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


Developer

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
Reviews 20
larcz
24
larcz 2023.07.26 16:52 
 

Very nice tool

Yerly
535
Yerly 2022.10.16 08:21 
 

Indicateurs Tipu très bien fait. Merci.

John Winsome Munar
3471
John Winsome Munar 2022.06.14 10:28 
 

Good and useful indicator

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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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Filter:
larcz
24
larcz 2023.07.26 16:52 
 

Very nice tool

Yerly
535
Yerly 2022.10.16 08:21 
 

Indicateurs Tipu très bien fait. Merci.

Thippeswamaiah Jmath J M
158
Thippeswamaiah Jmath J M 2022.10.05 06:05 
 

good

John Winsome Munar
3471
John Winsome Munar 2022.06.14 10:28 
 

Good and useful indicator

faithdefender
1666
faithdefender 2021.10.10 22:08 
 

Thank you

oldryder
34
oldryder 2021.10.05 16:26 
 

Muy bueno

Marco Pretto
230
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
14
prashant1234567 2021.02.12 15:19 
 

Very good

RedOverRed
19
RedOverRed 2021.01.21 00:36 
 

5 star clear indicator

Cameron DAndrea
244
Cameron DAndrea 2021.01.09 15:39 
 

Tipu always has great products

Eliel Soares
58
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
4119
Valentin Butorin 2020.10.03 13:10 
 

Very helpful. Thanks

sanobalano
99
sanobalano 2020.09.23 05:07 
 

very good indicator!

nightcreow
94
nightcreow 2020.07.27 17:26 
 

thank you very much

Naser
1243
Naser 2019.08.08 03:38 
 

User didn't leave any comment to the rating

Mathew thomas
86
Mathew thomas 2019.07.28 18:20 
 

User didn't leave any comment to the rating

Chua Wee Kiat
2151
Chua Wee Kiat 2019.07.08 05:28 
 

Very useful !

Ngoc Nguyen
536
Ngoc Nguyen 2019.04.04 05:03 
 

Thanks. Good Heikin Ashi indicator.

Victor Manuel Valderrama Zamora
7214
Victor Manuel Valderrama Zamora 2019.03.11 06:00 
 

Easy to identify trends!

AirOne1
1345
AirOne1 2018.12.15 02:49 
 

User didn't leave any comment to the rating

12
Reply to review
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 --> History Center).
Fixed multiple alerts.
Various performance improvement