Heikin Ashi RSI Oscillator Signals MT4

  • Indicators
  • Mattia Marco Platania
    Mattia Marco Platania
    At MetaCoderStore, our goal is to build practical, clean, and reliable MetaTrader indicators that traders can actually use in live chart work. We focus on clear visual tools, useful inputs, and MT4/MT5 versions wherever possible.
  • Version: 1.0
  • Activations: 10

Paid release: Heikin Ashi RSI Oscillator Signals MT4 is a paid MetaCoderStore indicator. Use the product comments for setup questions, feature requests, and feedback for future updates.

Heikin Ashi RSI Oscillator Signals MT4 turns RSI movement into a smoother Heikin-Ashi-style oscillator, then adds bull/bear flip signals, overbought/oversold context, alerts, and EA-readable buffers.

Use cases

  • Read RSI momentum with less visual noise than a standard RSI line.
  • Spot bullish HARSI flips when the oscillator crosses back above its signal line.
  • Spot bearish HARSI flips when the oscillator crosses back below its signal line.
  • Use the zero, overbought, and oversold levels as context filters.
  • Feed EAs, scanners, and dashboards with signal and trend-state buffers.

What it shows

  • Blue bullish HARSI histogram.
  • Red bearish HARSI histogram.
  • Gold signal line.
  • Overbought and oversold reference levels.
  • Optional bull and bear flip arrows.

Main features

  • Zero-centered RSI oscillator derived from open, high, low, and close RSI values.
  • Heikin-Ashi-style smoothing for cleaner momentum structure.
  • Optional zone-reversal filter for stronger overbought/oversold flips.
  • Popup and push-notification alerts.
  • EA-readable buffers for signal value, trend state, and HARSI close.

Basic use steps

  1. Attach the indicator to a chart.
  2. Use blue histogram sections for bullish RSI pressure and red sections for bearish RSI pressure.
  3. Watch for arrows when HARSI flips across the gold signal line.
  4. Confirm signals with trend, structure, session, volatility, and risk rules.

Inputs

  • RsiLength: RSI length used for HARSI construction.
  • SignalPeriod: smoothing period for the gold signal line.
  • OverboughtLevel / OversoldLevel: oscillator context levels.
  • ShowSignalMarkers: shows or hides bull/bear arrows.
  • RequireZoneReversal: filters arrows toward overbought/oversold or zero-line context.
  • MinBodySize: minimum HARSI body movement required for a signal.
  • EnableAlerts, AlertTriggerCandle, EnablePopupAlerts, EnablePushNotifications: alert controls.

Buffers for EA integration

  • 0 Bull HARSI histogram.
  • 1 Bear HARSI histogram.
  • 2 Signal line.
  • 3 Overbought level.
  • 4 Oversold level.
  • 5 Bullish flip arrow value.
  • 6 Bearish flip arrow value.
  • 7 HARSI close value.
  • 8 Signal value: 1 bullish flip, -1 bearish flip, 0 neutral.
  • 9 Trend state: 1 bullish HARSI body, -1 bearish HARSI body.

Risk note: Oscillator flips can fail in sideways markets, news spikes, and low-liquidity conditions. This indicator is a technical analysis tool, not financial advice or an automated trading system. Test settings on demo data before live use.

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The indicator very accurately determines the levels of the possible end of the trend and profit fixing. The method of determining levels is based on the ideas of W.D.Gann, using an algorithm developed by his follower Kirill Borovsky. Extremely high reliability of reaching levels (according to K. Borovsky  - 80-90%) Indispensable for any trading strategy – every trader needs to determine the exit point from the market! Precisely determines targets on any timeframes and any instruments (forex, met
There is always a need to measure if the market is "quiet" or it is volatile. One of the possible way is to use standard deviations, but the issue is simple : We do not have some levels that could help us find out if the market is in a state of lower or higher volatility. This indicator is attempting to do that : •           values above level 0 are indicating state of higher volatility (=GREEN buffer) •           values below level 0 are indicating state of lower volatility (=RED buffer)
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