Market / MetaTrader 4 / Indicators /

Heiken Ashi Scanner

50 USD

Demo downloaded: 98

Published: 24 June 2020

Current version: 1.30

Heiken Ashi Scanner

4.25

Indicators
Philip Pankaj Suthagar
Version: 1.30
Updated: 18 October 2022
Activations: 11

Heikin-Ashi charts, developed by Munehisa Homma in the 1700s. Munehisa Honma was a rice merchant from Sakata, Japan who traded in the Dojima Rice market in Osaka during the Tokugawa Shogunate. He is considered to be the father of the candlestick chart. The man who invented the use of candlestick charts for finding and profiting from chart patterns.He was a billionaire trader on those days if we compared his net-worth with todays dollar.

Heikin Ashi Scanner is an Multi-Currency and Multi-Timeframe Dashboard Indicator.This Indicator will display certain codes to identify the underlying instrument Price structure based on TimeFrames.I'll share few of my trade signal patterns along with this indicator through Blogs and Screenshots.

The Heikin Ashi Chart is used by technical traders to identify a given trend more easily. Because the Heikin-Ashi technique smooths price information and reduces Noise effectively, it makes trends, price patterns, and reversal points easier to spot. Candles on a traditional candlestick chart frequently change from up to down, which can make them difficult to interpret. Heikin-Ashi charts typically have more consecutive colored candles, helping traders to identify past price movements easily.

HEIKEN ASHI SCANNER Codes:

https://www.mql5.com/en/blogs/post/743856

Traditional On chart Heiken Ashi: Available Here Free: https://www.mql5.com/en/code/7835

Heiken Ashi Scanner Codes:

B - STRONG BULL HEIKEN CANDLESTICK

S - STRONG BEAR HEIKEN CANDLESTICK

H - WEAK BULL HEIKEN CANDLESTICK

L - WEAK BEAR HEIKEN CANDLESTICK

> - BULL TREND REVERSAL

< - BEAR TREND REVERSAL

>| - BULL TREND REVERSAL ABOVE MOVING AVERAGE

|< - BEAR TREND REVERSAL BELOW MOVING AVERAGE

Benefits You Get

Quickly identify the Underlying Price structure of Assets/Symbols.

Enter the trend at the right time.

Analyze Multiple Timeframes & Multiple Symbols on one chart.

This Indicator is the Ideal combination with any trading strategy.

Works in all symbols and all timeframes.

Integrated pop-up, email, push notification, and sound alerts.

Parameters

Symbols Parameters - Add multiple number of symbols separated with comma(",").

TimeFrame Parameters - Add multiple number of Timeframe seperated with comma(",").

M1 - 1minute

M5 - 5 minute

M15 - 15 minute

M30 - 30 minute

H1 - 1 hour

H4 - 4 hour

D1 - 1 day

W1 - 1 week

MN1 - 1 month

Position Parameters - controls the position of objects drawn on the chart.

Graphics Parameters - controls the appearance and colors of drawn objects on the chart.

Alert Parameters - controls the alert options enabled.

more...

278

76773 2023.08.03 22:50 #

Indicator is excellent and very user friendly.

Viktor 2022.10.24 14:12 #

This Heiken Ashi scanner is possibly the only indicator on the market that scans all trading instruments on all time frames at the same time. Combining it with some sort of oscillator will give you a decent edge in the market. This scanner works without a problem and Philip will work with you if you have any problems or suggestions.

1194

Stephen Martret 2022.08.07 01:30 #

This scanner works perfectly, I can rate this high enough, been doing this manually for years scanning every pair using Heiken Ashi candles with no wicks on top for sells etc and this is the only one in existence that does this and scans all timeframes at a glance as i find this is the most powerful way to get the trade bias direction for the day for any strategy to become alot more profitable. Philip added a feature to this for me within days!! great support 5 stars

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"It's not about how much you do, but how much love you put into what you do that counts." - Mother Teresa This Indicator is build on value of Relative Strength Index and Moving average of relative strength Index. We have calculated bands with respect to Moving average of Relative strength Index. Trading strategy: https://www.mql5.com/en/blogs/post/725691 Why use Rsi Ma Bands? Great for novice traders as well as experienced traders. Low risk entries. Doesn't repaints. No additional Indica

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Inspired from, Time is the most important factor in determining market movements and by studying past price records you will be able to prove to yourself history does repeat and by knowing the past you can tell the future. There is a definite relation between price and time. -William Delbert Gann Caution: It's not HolyGrail System,I t's a tool to give you insight of current market structure. The decision to trade is made only with combination of economical understanding of underlying instru

39 USD

Term "shark" in the business world denotes a high volume investor who just made a good investment in a highly Potential business deal.So, sharks are the ones who make the market move. In our case, if an American shark bought a Japanese company, he/she has to convert American dollars into Japanese yen to make the deal. So, the demand for the Japanese yen will increase sharply. Thus USD/JPY will go short rapidly if the deal was from the shark. Another example, In the case of forex, if fed increa

199 USD

89 USD

EURUSD DECODER EA is a fully automated mid-term, medium-risk expert advisor. Adaptive price pattern analysis is used to identify potential trade entries and exit. The EA does not use any unfair money management practices like grid and martingale. Each position includes a stop loss and all open positions are monitored by an advanced loss control algorithm, which decides when to close profit and when to accept loss. Before you buy all of my product please be aware of the risks involved: 1) Pl

69 USD

The Knowledge of which Geometry aims is the knowledge of the Eternal - Plato Quant Stress Scanner is a Scientifically developed Stress detection algorithm along the geometrical lines on the price data which are quantified into Stress repulsion, fractures and clusters in a easily understandable signal form. Each signal are displayed in well-arranged with currency pairs in row-wise and timeframes in column-wise manner. Explanation of signal and plotting stress levels with trendlines are shown in

69 USD

Inspired from, Time is the most important factor in determining market movements and by studying past price records you will be able to prove to yourself history does repeat and by knowing the past you can tell the future. There is a definite relation between price and time. -William Delbert Gann Caution: It's not HolyGrail System, It's a tool to give you insight of current market structure. The decision to trade is made only with combination of economical understanding of underlying instru

39 USD

Owl Craft Pro is a powerful scalping strategy that employs a smart entry and exit algorithm as well as sophisticated filtering algorithms to discover just the safest entry points during market calms. This approach is designed to provide long-term, consistent growth. It is a professional tool that incorporates all of the latest trading advancements. There's nothing fancy about this, no Holy Grail testing, no "risk-free martingale," just a rigid rule-based method to trading that allows you to maxi

299 USD

Filter:

278

76773 2023.08.03 22:50 #

Indicator is excellent and very user friendly.

115

Driri 2023.02.17 20:52 #

I bought it some times ago. The idea is beautiful but in reality understanding the signals is chaotic. The signal quality is not ok. I checked the signal from the scanner with a normal Heiken Ashi chart..... Is there any PDF with the precise how to use it? What kind of strategy is used to produce the signals? I should ask the money back if this were possible. Anyway it works fine on MT$ and is light for the pc.

6477

Reply from developer Philip Pankaj Suthagar 2023.02.18 02:09 #

Matthew 7:7

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ROBERT EDWARD BIRD 2023.02.10 16:47 #

I find it very difficult to decipher the codes on the indicator. You have to keep referring to another file to figure out what it's telling you. Not user friendly

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Reply from developer Philip Pankaj Suthagar 2023.02.10 17:34 #

Hi sir, Thanks for your review. Please contact me directly for any doubts. Im here to support you. Best regards ,
Philip

Viktor 2022.10.24 14:12 #

1194

Stephen Martret 2022.08.07 01:30 #

qq228811 2021.04.06 02:30 #

I would caution anybody buying anything from Philip Pankaj that is forex related. He doesn't trade forex yet he makes programs for it. Does this make sense to anybody? just be aware he is not using his own programs assuming he is the one that made them.

Version 1.30 2022.10.18

*TimeFrames Displacement updated.

Version 1.25 2022.08.04

*Update regarding MN Signals and Signal filtering options.

Version 1.24 2021.05.08

*Update on dashboard auto aligning.

Version 1.23 2021.02.13

*Added different type of Alert features based on user requests.

Version 1.22 2020.07.28

*Added Shift Function.

Version 1.21 2020.07.06

*Minor correction made in the previous version 2.00 .

Version 1.20 2020.07.06

*Added Moving Average Trend filter