Heiken Ashi and Heiken Ashi Smoothed MA MT5
Heiken Ashi Smoothed Strategy is a very simple but powerful system to get forex market trend direction.
This indicator is actually 2 indicators in 1 pack, Heiken Ashi and Heiken Ashi Smoothed Moving Average both included.
Because HA (Heiken Ashi) and HAS (Heiken Ashi Smoothed) are calculated in the same one system event with necessary buffers and loop only, so it is the FAST, OPTIMIZED and EFFICIENT HA having the combined indicator of MetaTrader 5.
You can choose to display HA and HAS in the same time, or display one of them only.
- Display Heiken Ashi: true = display Heiken Ashi, false = hide and do not calculate.
- Display Heiken Ashi Smoothed: true = display Heiken Ashi Smoothed, false = hide and do not to calculate.
- Method of Moving Average To Generate Heiken Ashi Smoothed: Simple, Exponential, Smoothed, Linear weighted, four modes of moving average supported to generate Heiken Ashi Smoothed.
- Period of Moving Average To Generate Heiken Ashi Smoothed: Period of moving average to generate Heiken Ashi Smoothed.
- Method of Moving Average Of Heiken Ashi Smoothed: Simple, Exponential, Smoothed, Linear weighted, four modes supported to calculate Moving Average of Heiken Ashi Smoothed.
- Period of Moving Average Of Heiken Ashi Smoothed: Period of Moving Average of Heiken Ashi Smoothed.
This indicator is the same as the popular Heiken Ashi Smoothed. The Heikin Ashi indicator for MetaTrader 5 already exists, but it has two disadvantages: It paints the candles not accurate. It's not possible to change the candle width. See also Heikin Ashi in MQL5 Code Base . In this version there are no such disadvantages.
This is an extended version of Heiken Ashi indicator with the ability to average (smooth) the values for the specified period of bars and select the applied price: considering "Open price" or not. The description is provided in the parameters. Three screenshots are displayed below: standard version (1 bar), 3 bars and 5 bars. МetaTrader 4 version: https://www.mql5.com/en/market/product/7326 Parameters Period to average - calculation period HAClose price mode - Close price calculation mode Dr
Be notified of every color change of Heiken Ashi (HA) candles. The indicator will trigger past and new signals every time that HA candles change their colors. ( Note : this tool is based on the code of Heiken Ashi indicator developed by MetaQuotes Software Corp.) Features The signals are triggered at closing of last bar/opening of a new bar; Any kind of alerts can be enabled: Dialog Box, Email message, SMS notifications for smartphones and tablets, and Sound alerts; By default, up arrows are p
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