Heiken Ashi Candles indicator
- Indicators
- Version: 2.12
- Updated: 14 April 2026
This is a free product, feel free to use it for your needs!
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Crypto & Forex Indicator: Heiken Ashi Candles for MT4. (No Repaint)
- An essential auxiliary tool to make market trends instantly visible.
- Makes candlestick charts cleaner and trend analysis much easier.
- Most profits happen in trending markets, making accurate trend spotting crucial.
- Calculated using a specialized formula distinct from standard charts.
- Delivers a smoother visual appearance by averaging out price movements.
- Green candles with no lower shadows signal a strong uptrend.
- Red candles with no higher shadows signal a strong downtrend.
- Small bodies with long shadows indicate potential trend reversals or corrections.
This is an original product available exclusively on the MQL5 website.

Works perfectly in my daily TF trading. Will be buying one of the EAs soon.