Market / MetaTrader 4 / Indicators /

HeikinAshi Binary

FREE

Published: 5 July 2025

Current version: 1.16

HeikinAshi Binary

Indicators
Etsushi Ishizuka
Etsushi Ishizuka
Free at Tokyo

Japan

5443
Version: 1.16

Heikin Ashi Binary – Visual Trend Support Indicator with Binary Display

Overview

Heikin Ashi Binary is an indicator for MetaTrader that displays Heikin Ashi trend information in binary (two-value) format in a subwindow.
Instead of candlestick shapes, it draws bullish (uptrend) and bearish (downtrend) conditions as simple colored blocks.
This allows you to quickly identify trend continuations or possible reversals at a glance. The indicator is suitable for discretionary trading, EAs (automated trading), and also as a trend filter for binary options.
You can choose between standard Heikin Ashi and smoothed Heikin Ashi modes according to your market environment and trading style.

Features

Subwindow display: Check trend status separately from the main chart without interference
Two Heikin Ashi modes: Standard and Smoothed
Two-stage smoothing: Smoothed mode uses two adjustable moving average periods
Binary (block) display: Bullish (red), bearish (blue) blocks for clear visualization
Flexible parameter settings: Customize according to your preference or market condition
High versatility: Can be used for discretionary trading, EAs, and as a filter for binary options

Parameter Details

Parameter	Description
HA Mode	Heikin Ashi display mode (Standard / Smoothed)
SmoothPeriod1	First smoothing period for smoothed Heikin Ashi
SmoothPeriod2	Second smoothing period for smoothed Heikin Ashi

All parameter names and messages are in English.
Default values and settings should be adjusted according to your strategy and the market situation.

Recommended Usage

Quickly identify trend continuations or reversals
Keep your main chart clean by organizing information in a subwindow
Combine with other indicators or EAs as a trend filter or signal support

Notes and Disclaimer

This indicator is calculated based on past price data and does not guarantee future performance or profits.
Backtest results or historical signals may differ from actual trading results.
All trading decisions are the responsibility of the user.
Support is provided through the “Comments” or “Messages” section on mql5.com. No external websites, SNS, or chat apps are used for support.

Summary

Heikin Ashi Binary is a simple and clear visual support tool that displays Heikin Ashi information in binary format.
It can assist with trend identification and serve as a helpful aid for both entries and exits.

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The SuperTrend indicator is a trend-following technical tool that visually highlights trend reversals in the market. The color and position of its lines change automatically based on price movements, supporting both entry and exit decisions. With a simple design, it can be used in a wide range of trading styles, including discretionary and automated trading. Main Features Clear display of trend reversals During uptrends, the line is drawn below the candlesticks; during downtrends, it is drawn a

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Product Description RSI TrendGate 3MA is an MT4/MT5 chart indicator designed for trend direction confirmation. It evaluates trend direction using a combination of three Moving Averages (MA) and the Relative Strength Index (RSI), and displays arrows in the chart window when the direction state changes according to the selected conditions. This indicator is not intended to be used as a standalone entry signal. A recommended workflow is to confirm direction on a higher timeframe and apply your own

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PositionClose | All Position Close Script for MT4 PositionClose is a utility script for MetaTrader 4 (MT4) designed to help traders efficiently manage their positions. With a single click, you can close all open positions instantly, or selectively close only buy or only sell positions. This tool is especially useful during sudden market movements, important news releases, or any situation where rapid risk reduction or position adjustment is needed. PositionClose is suitable for both discretionar

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Overview The True Strength Index (TSI) indicator is a momentum oscillator plotted in a separate window on MT4. It smooths the momentum (MTM) and its absolute value through two successive Exponential Moving Averages (EMAs) and then computes their ratio multiplied by 100. TSI helps visualize trend strength and potential turning points in the market. Key Features Dual-EMA smoothing to reduce noise and produce a clean line Signal EMA overlay to assist with entry and exit timing Auto-scaled range fro

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CurrencyStrength – Real-Time Currency Strength Ranking CurrencyStrength is a utility EA that quantifies the strength of the eight major currencies (USD, EUR, JPY, GBP, CHF, AUD, CAD, NZD) in real time, displaying the results as a visually intuitive ranking based on rate of change. By visualizing currency strength every second, this tool greatly enhances the accuracy of currency pair selection and trade decisions for both discretionary and automated traders. Main Features Calculates and updates

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T3 2Lines – Precise Trend Analysis with Dual T3 Moving Averages “T3 2Lines” is an MT4 indicator that plots two T3 (Triple Exponential Moving Average) lines on your chart—one short-term and one long-term. By combining these two smoother moving averages, traders can gain clearer insights into trend initiation, continuation, and potential reversal zones. What This Indicator Does Displays two T3 moving average lines simultaneously (short and long term) Each line has individually configurable period

FREE

SmoothedRSI is a custom indicator that calculates a standard RSI and then applies a smoothing method to the RSI values. The indicator displays only the smoothed RSI line in a separate window. The output range is 0 to 100. RSI can react strongly to short-term price fluctuations, which may increase small oscillations depending on market conditions. This indicator smooths the RSI values to reduce short-term noise and make broader momentum changes easier to observe. Core Specifications Display: one

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TMA Classic – Overview of the Triangular Moving Average Indicator The TMA Classic is a very simple and lightweight indicator that displays the Triangular Moving Average (TMA) as a single smooth line. It effectively removes excessive noise and captures the central movement of prices, making it useful for identifying trend direction and range-bound market conditions. Since it only displays a single line, it offers high visibility on the chart without interfering with other indicators or candlestic

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Overview BBWidth 3Lines is a custom indicator that visualizes the width between the upper and lower Bollinger Bands (i.e., +σ minus −σ) as a line in a separate subwindow. The value is expressed in points, not in price. While conventional Bollinger Bands are often used to assess price deviation or band touch, this tool focuses exclusively on the width of the bands , allowing you to analyze market volatility visually and precisely. Key Features Displays the difference between the upper and lower B

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Overview of the Aroon Classic Indicator The Aroon Classic indicator is a technical tool that quantitatively identifies the emergence and persistence of trends on a chart. It uses two lines—“Aroon Up” and “Aroon Down”—to display trend strength and turning points within a range of 0–100. A higher Aroon Up value indicates a stronger uptrend, while a higher Aroon Down value indicates a stronger downtrend. Key Features Visually distinguishes trend initiation and reversal Customizable calculation peri

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BB-Sub – Bollinger Bands in Subwindow BB-Sub is a simple yet powerful indicator that displays Bollinger Bands independently in the subwindow of your chart. Unlike standard Bollinger Bands, which are shown on the main chart, BB-Sub operates in a separate subwindow. This prevents overlapping with candlesticks or other indicators, making it ideal for traders who want to focus purely on the movement and shape changes of the bands. Main Features Simultaneously displays the upper band, lower band, and

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ExportRange is a utility script designed to export candle range data from any selected timeframe into a CSV file. It collects the high, low, and range values of each bar, along with the bar time and index. The script helps traders who need simple and reliable data for statistical or volatility analysis. When the script is applied to a chart, it extracts the specified number of bars and saves the output in CSV format inside the terminal’s Files directory. Both the number of bars and the timeframe

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OvertradeShield – Utility EA to Prevent Overtrading in Discretionary Trading Have you ever regretted making “just one more” trade in discretionary trading? OvertradeShield is a utility-type EA that automatically limits and alerts entries based on realized profit and loss, supporting your trading rules and mental discipline. It is ideal for traders who want to keep daily profits and losses in mind, prevent overtrading, and enforce profit and loss rules systematically. Since entries are discretion

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--EA Concept--. This EA is developed to take advantage of trends and swaps to generate low-risk, lasting profits. Based on the idea that automated trading is unearned income, the objective is to generate income without the hassle of chart monitoring and settings. This EA can be used as your first choice for asset management as a hassle-free unearned income and as a money machine for the future. --Reliability of EA This EA has been back-tested for a total of 112 years on five currency pairs, dem

500 USD

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tonkatsuchazuke 2025.11.11 14:51 #

アイデアがとても良い。平均足をメインチャートのローソク足に重ねるのではなくサブウィンドウに表示することでローソク足実体と重なって見ずらくなることが無い。また平均足の陽線・陰線をブロックで表現することで直感的でわかり易い。改良してほしい点は２つ。デフォルトで陽線は赤、陰線は青に設定されていて「色の設定」で変更することが出来るが、次回ＭＴ４を起動したときには元のデフォルトに戻ってしまっている。また新しく出来たローソク足の分の陽・陰のブロックが表示されない。この場合はチャートの表示を別の足に切り替えて、また元の足に戻すと最新の状態に再描画されるが、毎回この作業を強いられるのはとても苦痛だ。この２点が正常になれば、とても満足できるものになるだろう。

HeikinAshi Binary

Etsushi Ishizuka

Heikin Ashi Binary – Visual Trend Support Indicator with Binary Display

Overview

Features

Parameter Details

Recommended Usage

Notes and Disclaimer

Summary