Plus HeikenAshi Colored Candlesticks

Plus HeikenAshi

Plus HeikenAshi is a visual indicator for MetaTrader 5 designed to make it easier to read the direction and continuation of market movements through the Heiken Ashi representation.

The indicator visually replaces traditional chart candles with candles calculated using the Heiken Ashi methodology, providing a more organized representation of price behavior.

The candles are displayed in two colors, allowing different movement conditions to be identified visually.

Main features

  • Visual representation based on Heiken Ashi.
  • Candle calculations using Open, High, Low and Close prices.
  • Automatic candle coloring.
  • Green: Heiken Ashi close is equal to or above the Heiken Ashi open.
  • Pink: Heiken Ashi close is below the Heiken Ashi open.
  • Display directly on the main MetaTrader 5 chart.
  • Support for the Replay environment used by the system.
  • Does not use volume in its calculations.
  • Does not execute trades automatically.
  • Does not generate automatic buy or sell signals.

Visual interpretation

The candle color changes make it easier to visually identify the prevailing direction of the movement.

Green candles represent a bullish condition within the Heiken Ashi calculation, while pink candles represent a bearish condition.

The indicator can be used to follow movement continuation and observe possible changes in price direction.

Usage

Plus HeikenAshi can be used as a support tool to:

  • follow the prevailing market direction;
  • visualize movement continuation;
  • observe changes in price direction;
  • make chart reading easier;
  • complement other technical analysis tools.

The indicator should be used as a support tool and not as an automated trading system.

Risk warning

Trading financial markets involves risk. No indicator can predict future movements with certainty or guarantee positive results.

Plus HeikenAshi is a technical analysis support tool. Use it together with an appropriate analysis methodology and risk management approach.


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FREE
Master FlowPulse
Leonel Alberto Jose Quintana
Master FlowPulse is a professional market flow indicator developed for MetaTrader 5. It combines a visual flow profile, directional zones, candle countdowns and dynamic wick rejection detection in a single independent indicator. The profile is displayed near the price scale, preserving the main chart area and providing a clear view of buying and selling pressure. Main features: Visual buying and selling flow profile Dynamic liquidity and intensity zones Automatic analysis of both bullish and bea
FREE
Master PSAR
Leonel Alberto Jose Quintana
Master PSAR for MetaTrader 5 Description Master PSAR is a technical indicator developed for MetaTrader 5 based on the classic Parabolic SAR method created by J. Welles Wilder. The indicator places dynamic points above or below the price according to the directional state calculated by the Parabolic SAR formula. When the calculated state is bullish, the PSAR points are displayed below the price. When the calculated state is bearish, the points are displayed above the price. Trend Analysis Master
FREE
Plus ADX 14
Leonel Alberto Jose Quintana
Plus ADX 14 — Trend Strength and Direction The Plus ADX 14 is a technical indicator for MetaTrader 5 designed to facilitate the analysis of market strength and prevailing direction. The indicator is displayed in a separate window, with a scale from 0 to 100, combining ADX with the two directional components +DI and -DI . Visual Elements White ADX line: measures trend strength. Green +DI line: represents positive directional strength. Red -DI line: represents negative directional strength. Level
FREE
Pro Trend MA
Leonel Alberto Jose Quintana
Pro Trend MA for MetaTrader 5 Pro Trend MA is a technical indicator designed to visually identify trend direction directly on the price chart. The indicator uses a calculation based on candle high, low and close prices, combined with smoothing and an exponential moving average signal. The main line changes color according to its relationship with the signal line: Light blue: calculated trend is equal to or above the signal line. Orange: calculated trend is below the signal line. The indicator ha
FREE
Plus RSI MA Color
Leonel Alberto Jose Quintana
Plus RSI MA Color — Dynamic and Color-Changing Trend Line The Plus RSI MA Color is a visual trend indicator for MetaTrader 5. It displays a smoothed line directly on the main chart that changes color according to the relationship between price movement and its internal reference. The purpose of the indicator is to make it easier to visually identify the prevailing market direction and possible transitions between buying and selling movements. How It Works The indicator uses the weighted price of
FREE
Plus FlowProfile
Leonel Alberto Jose Quintana
Plus FlowProfile — BUY and SELL Directional Zones for MT5 Plus FlowProfile expands traditional profile analysis by separating the analysis into directional buying and selling stages. When used individually, the compact FLOW BUY / FLOW SELL button allows you to quickly switch between the lower buy profile and the upper sell profile. When integrated with the Indicator Center or EA Assistant, the state is controlled directly by the system controls. Main features: BUY and SELL directional modes; Tog
FREE
Master Weis
Leonel Alberto Jose Quintana
Master Waves for MetaTrader 5 Description Master Waves is a technical indicator developed for MetaTrader 5 that organizes volume into price movement waves. The indicator analyzes the direction of each candle and accumulates volume while the movement remains in the same direction. When the direction changes, a new wave begins. The waves are displayed as a histogram in a separate indicator window. Waves associated with upward and downward price movements are shown with different colors for clear v
FREE
Pro Candles
Leonel Alberto Jose Quintana
Pro Candles — Identificação visual de candles de reversão O Pro Candles é um indicador desenvolvido para destacar possíveis candles de reversão diretamente no gráfico do MetaTrader 5. Ele analisa o tamanho do corpo dos candles, compara esse movimento com a média recente e procura formações direcionais de engolfo. Quando encontra uma configuração compatível com seus critérios, o indicador exibe uma seta próxima ao candle analisado. Principais recursos Identificação visual de possíveis reversões d
FREE
Plus Channel RSI
Leonel Alberto Jose Quintana
Plus Channel RSI — RSI with Dynamic Channel for MetaTrader 5 Plus Channel RSI combines the Relative Strength Index with a dynamic channel calculated from the recent behavior of the RSI itself. In addition to the main RSI line, the indicator displays upper and lower limits and a center line. The channel follows the indicator's fluctuations, providing an adaptive visual reference for analyzing momentum, strength, possible extremes, and changes in market behavior. Unlike fixed horizontal levels, th
FREE
Plus Color Candles
Leonel Alberto Jose Quintana
Plus Color Candles — Colored Candles for MetaTrader 5 Plus Color Candles automatically displays colored candles according to the direction of each period. Bullish candles, where the close is equal to or higher than the open, are displayed in green. Bearish candles, where the close is lower than the open, are displayed in pink. The indicator preserves complete open, high, low, and close information, providing a clean and direct visualization of price behavior. Features: Bullish and bearish candle
FREE
Plus Donchian
Leonel Alberto Jose Quintana
Donchian Toshio — High and Low Price Channel for MetaTrader 5 Donchian Toshio displays a channel calculated from the highest highs and lowest lows recorded during the selected period. The indicator displays three lines: Upper line: the highest high of the period; Lower line: the lowest low of the period; Middle line: the average between the upper and lower boundaries. The channel can support the analysis of trends, consolidations, volatility, breakouts, and dynamic support and resistance areas.
FREE
Master RegChan
Leonel Alberto Jose Quintana
Master REG Channel for MetaTrader 5 Master REG Channel is a technical indicator for MetaTrader 5 based on linear regression, designed to assist in analyzing market direction, slope, price position, and movement behavior within a statistical channel. The indicator calculates a central linear regression line and two outer bands based on price dispersion around the regression. This structure helps visualize the prevailing movement direction and the current price position within the channel. Channel
FREE
Plus Color Bars
Leonel Alberto Jose Quintana
Plus Color Bar with Time for MetaTrader 5 Description Plus Color Bar with Time is a visual indicator for MetaTrader 5 that combines candle coloring, a countdown timer for the current candle and analysis of possible wick formation. Candle Coloring The indicator visually differentiates bullish and bearish candles using different colors, making it easier to identify the direction of price movement. Candle Timer Next to the current candle, the indicator displays the remaining time until the candle c
FREE
Master SuperTrend
Leonel Alberto Jose Quintana
Master SuperTrend for MetaTrader 5 Description Master SuperTrend is a technical indicator developed for MetaTrader 5 to provide a clear visual representation of market trend direction based on price movement and volatility. The indicator uses the classic SuperTrend calculation based on Average True Range (ATR). It combines current price behavior with market volatility to calculate a dynamic trend line that follows price movements on the chart. Trend Analysis Master SuperTrend automatically ident
FREE
Pro Spread
Leonel Alberto Jose Quintana
Pro Spread — Spread, GARCH Volatility and Intelligent Market Reading Pro Spread is a professional indicator for MetaTrader 5 that combines spread analysis with a GARCH(1,1) volatility model, providing a normalized reading of current market conditions. In an organized subwindow, the indicator displays the Smart Score , the spread score, and the GARCH estimate. This information helps the user identify periods of compression, normal conditions, expansion, and extreme volatility. Pro Spread does not
Master HMA
Leonel Alberto Jose Quintana
Master HMA for MetaTrader 5 Master HMA is a technical indicator for MetaTrader 5 that combines different Hull Moving Average calculations into a visual structure designed to analyze price direction, slope, and movement behavior. The indicator uses three HMA periods: Fast, Main, and Slow. The relationship between these lines helps identify changes in the movement structure and follow different market phases. The Main HMA uses different colors to represent the states identified by the system. The
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