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Heikin Ashi Awesome Oscillator

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Published: 23 October 2021

Current version: 1.1

Heikin Ashi Awesome Oscillator

Name: Heikin Ashi Awesome Oscillator
Rating: 5 (6 reviews)
Author: Wojciech Daniel Knoff

Indicators
Wojciech Daniel Knoff
Wojciech Daniel Knoff
Poland

22128
4.6 (18)
My trading approach combines market structure analysis with trend-reversal signals to identify high-quality trading opportunities. I focus on risk-controlled entries, clearly defined invalidation levels, and disciplined money management, with an emphasis on consistency and long-term risk-adjusted

6 products 2 topics 10 comments
Version: 1.1
Updated: 24 May 2022

This is the Bill Williams Awesome Oscillator indicator calculated from Heikin Ashi candles. Here you find multi-colored histogram which is helpful when identify weakness or strength of trend in the market. To use it, just simply drop it on the chart and you don't need to change parameters except one: switch between Heikin Ashi or normal candles (see attached picture).

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Screenshot #1 Heikin Ashi Awesome Oscillator

253

Rakish Poulose 2026.11.03 02:39 #

Very good.

1656

Vladimir Lovec 2024.11.05 13:37 #

Very good.

2407

Rafal Krzysztof Manuszewski 2024.10.07 14:23 #

bardzo dobry

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This is a moving average indicator with multiple calculation methods available, including exponential, linear, smoothed and linear weighted approaches. The indicator is designed to work on smoothed Heikin Ashi candles, which are included in the 'Examples' folder of Meta Trader 5. By applying this tool, traders can significantly reduce unwanted market noise.

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Know how trades affect your account. Trade Planner MT5 is an advanced money management tool for MetaTrader 5, designed to plan, control, and analyze multiple potential account scenarios. It helps traders assess how equity, free margin, and margin level may change at any time and price — before opening or modifying real trades. Additionally, the program allows you to anticipate worst-case scenarios. Without proper planning, trades may trigger margin calls or automatic stop-outs, resulting in sig

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Filter:

253

Rakish Poulose 2026.11.03 02:39 #

Very good.

1656

Vladimir Lovec 2024.11.05 13:37 #

Very good.

2407

Rafal Krzysztof Manuszewski 2024.10.07 14:23 #

bardzo dobry

425

Neil Richard Pinheiro 2023.06.25 10:25 #

This Oscillator is indeed awesome. No indicator is 100% accurate but I use this indicator in conjunction with another indicator that is giving me over 90% winning trades. Thank you Mr. Knoff!

22128

Reply from developer Wojciech Daniel Knoff 2023.06.26 11:17 #

Thank You. I'm happy You are satisfied :)

199

Long Li 2023.05.28 17:12 #

Excellent indicator, thank you for the selflessness of the author. May I add an email reminder function to indicate crossing the 0 axis. Thank you.

gegm0709 2022.07.29 05:54 #

Thank you

1926

Robert Torres Jr 2022.04.17 08:19 #

This indicator is very profitable