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Extended Heiken Ashi MT5

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


  • Period to average - calculation period
  • HAClose price mode - Close price calculation mode
  • Draw histogram(true) or line(false) - indicator display mode (histogram/lines)
  • Alert on closed bars - alerts on closed bars
  • Alert message - text message
  • Alert mail - send an email
  • Alert notification - send a notification
  • Alert sound - audio signal
  • Alert sound file name - audio file name
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Version 1.1 2018.01.24
Adjusted the settings for the new MQL features, added alerts when changing color.