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Heiken Plus Indicator MT4

30 USD

Demo downloaded: 25

Published: 14 August 2022

Current version: 1.20

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Heiken Plus Indicator MT4

Indicators
Filip Valkovic
Version: 1.20
Activations: 15

HEIKEN PLUS is the only indicator you really need to be a successful trader, without in depth knowledge of the forex trading or any tools.

Also there is automatically trading MT5 EA available now: https://www.mql5.com/en/market/product/89517? with superb SL/TP management! and sky high profit targets ! MT5 ONLY !

For Metatrader5 version visit: https://www.mql5.com/en/market/product/83761?source=Site

Very suitable tool for new traders or advanced traders too.

HEIKEN+ is a combination of 2 indicators : normal Heiken Ashi and Heiken Ashi smoothed.
It sends signal when these two meet with signals and confirm the same trend.

This is one of the best forex indicators I have used in 10 years of trading.
It's very reliable, smart and simple to use. Works on any currency and any timeframe, although I recommend 1 MIN/5 MIN or 4 HOUR/1HOUR
It can't get more simple than this:

Green up arrow = you should open buy trade.

Red down arrow = you should open sell trade.

-HEIKEN plus offers clear signals when to open trades without you needing to calculate with numbers or any levels, no strategy needed.

Just BUY and SELL when arrows appear, and close trade when opposite arrow shows up. And open the new trade based on last arrow.

In input parameters you can de/activate alerts and push notifications , and optimize calculation methods for the signals ( I don't recommend changing settings)

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Using stop loss and take profit may further increase your profits but it is not necessary. Sometimes its better to just wait for a trend to move with profitable way and close trade after some significant price retracement.
Example use of SL/TP :

Take Profit - should be set to 2*the distance of last opposite signal from current price. Example: green arrow shows up, you open buy, drag your TP level to a point where last red arrow was, and then drag TP level up again, by the same distance
Stop Loss - should be set to a same distance as a take profit.

-sometimes on low timeframes arrows are too close together so the last rule about TP/SL cannot really be used,

in that case you can use rule about biggest candle on chart. TP and SL level should be set to a distance equal to largest candle size that you see on your current chart.

I understand that new traders will have no idea how to use SL/TP most effectively because there is lot of different cases ( low tf/big tf / strong trend/ no trend/ big breakouts)
and in all those cases we should use different rules about setting SL/TP,

but again I must highlight that trading by arrow signals rules is more important than SL/TP levels

(-*screenshots are from MT5 version)

more...

Screenshot #1 Heiken Plus Indicator MT4

Screenshot #2 Heiken Plus Indicator MT4

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Wave and Cycle counter to give an immediate indication how far the ongoing trend has progressed. Low numbers: trend has just started, ride the trend. Higher numbers: trend is 'older', watch for reversals This indicator is 100% compatible with the fantastic TopDog trading strategy. (I will NOT give any details about this Top Dog strategy) The trend direction is determined by a SMA value (or any other MA) you can set. Waves and cycles numbers and letters are derived from a SlowStoch setting. Wave

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HEIKEN PLUS is the only indicator you really need to be a successful trader , without in depth knowledge of the forex trading or any tools. Also there is automatically trading EA available now: https://www.mql5.com/en/market/product/89517? with superb SL/TP management! and sky high profit targets !!! Very suitable tool for new traders or advanced traders too. This is MT5 version. For MT4 version visit : https://www.mql5.com/en/market/product/85235?source=Site HEIKEN+ is a combination of 2 i

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Good old UT BOT converted from TradingView script by ' QuantNomad ', initially by ' Yo_adriiiiaan ' and ' HPotter ' - so you can bet this is powerful tool. If you know, you know. This is top of the line, while keeping it really simple. Main function: trend identification with trend switch points , created by EMA(source) and ATR -source is CLOSE PRICE with option to use HEIKEN ASHI chart instead, for this you need "Heiken Ashi" indicator - its available as free download by MetaQuotes One of th

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Good old UT BOT converted from TradingView script by ' QuantNomad ', initially by ' Yo_adriiiiaan ' and ' HPotter ' - so you can bet this is powerful tool. If you know, you know. This is top of the line, while keeping it really simple. Main function: trend identification with trend switch points , created by EMA(source) and ATR -source is CLOSE PRICE with option to use HEIKEN ASHI chart instead, for this you need "Heiken Ashi" indicator - its available as free download by MetaQuotes One of th

this is DEMO VERISON (for demo acc.) of TRADING OVERLAY with PARTIAL take profit ("virtual TP") and % risk lot size --- full version available on my 'seller page' as well as version for MT4 Take better control of your trades with ease ! Easy lot size calculation with easy SL/TP setting. Your trading will be much more comfortable with this tool! Main goal with this tool is very SIMPLE and FAST operation! Works like any EA, add it to selected chart and trade ! Features: start tra

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EXPER ADIVSOR that gets economic news calendar from forexfacotry.com and calculates time until next news happen or since last news happened. It shows exactly same output as ffcal for MT4 by Derk Wehler, original version may be available at forexfacotry This version is clean, done WITHOUT ANY DLL IMPORTS !!! Additionally it creates excel file with latest news in your datafolder-> ".../MQL5/Files" , (* so this data can be used if you want to use news in EA , just load data from this file, I

Very powerful indicator! converted from TradingView with upgraded alerts and added notifications. Ideal use in EAs. Use as a supplementary Indicator to confirm your entries, but it is as good on it's own. The indicator consists of 3 different Trend Meters and a 2 Trend Bars which are used to confirm trend How to Use: The more Trend meters are lit up the better =>> -more GREEN COLOR at one bar means more confirmation to open buy trade, - more RED COLOR signals for one bar = more confirmat

Chart Notes = MULTI LINE TEXT INPUT ON CHART FOR MT5 is finally here! # sticky notes This indicator is a powerful text editor for placing notes on chart, similarly like the feature on Tradingview. There are 2 types of messages: anchored (on screen ) and free (on chart). 1. Anchored = stays on the same place on screen (x point, y point) -this text can be EDITED on click (first line is for dragging the message around- this line is edited via right clicking- >properties) -move the messages by dra

The Quantitative Qualitative Estimation (QQE) indicator is derived from Wilder’s famous Relative Strength Index (RSI). In essence, the QQE is a heavily smoothed RSI. Modification of this version: ( converted from tradingview script by Mihkell00, original from Glaz, 100% identical output) So there are Two QQEs. One that is shown on the chart as columns, and the other "hidden" in the background which also has a 50 MA bollinger band acting as a zero line. When both of them agree - you get a b

This Fibonacci Indicator is showing fibo retracement lines on chart for EA trading same as the default tool from Metatrader's menu, except this one is fully automatic and changes along with the chart (with modes B and C, then mode A is always fixed by set levels) AND it also offers the line levels for the Expert Advisors to read (buffers) , so you can set your trades based on crossover\crossunder on those fibo lines. You can choose from 3 modes for selecting the max HIGH and min LOW limit, and

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CUSTOM Currency strength indicator -CHOOSE ANY CURENCIES that you want to calculate strength for, indicator will automatically compare all symbols /pairs from 8 selected currencies based on KU-chart calculations. -8 major currencies are used by default -add indicator to any chart -made for 15min timeframe= last 1 day change calculated, 30min = last 2 days and so on -clear currency distinguish by color and name on chart -if you chose non-standard currency, make sure all of inputted values hav

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Virtual Assistant MINI VIRTUALL ASSISTANT = MAKE YOUR TP AND SL VIRTUAL! Tool meant to control your stop loss and take profit by converting them to virtual SL/TP (with support for TRAILING) Convert all SL and TP to virtual so your exits on trades are hidden from your broker! Run this EA on any graph, choose 1MIN timeframe (VA is autosaving data only on new bar detected, so graph TF equals to VA autosave period) !!! When using virtual trade exits, stable connection is needed for order executi

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Tool converted from tradingview. A simple indicator that plots difference between 2 moving averages and depicts convergance/divergance in color coded format. Anything <= 0 is red and shows a bearish trend whereas > 0 is green and shows bullish trend. Adjust the input parameters as following for your preferred time frame : 4-Hr: Exponential, 15, 30 Daily: Exponential, 10, 20 Weekly: Exponential, 5, 10

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TRADING PANEL - CHART OVERLAY with: PARTIAL TAKE PROFIT ("virtual TP") % RISK LOT SIZE TRAILING STOP LOSS Fast and simple control of your trades this is DEM0 VERISON (for DEM0 acc.) of TRADING OVERLAY with PARTIAL take profit ("virtual TP") and % risk lot size --- full version available on my 'seller page' as well as version for MT5 Easy lot size calculation with easy SL/TP setting. Your trading will be much more comfortable with this tool ! Works like any EA, add it

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Simple Stats is utility for history management. Allowing you to clearly see trading performance for each symbol separately , and so it helps you to find the most and the worst profitable type of trades based on past results. History period depends on settings of your terminal, so if you want to get report for each month, you have to use custom period and run SIMPLE STATS for each. SS will distinguish reports with filename - each history report is named with account number and date of the oldest

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AGS Scalper 2 is a powerful and versatile trading robot with very customizable risk/profit Trading strategy : identification of overbought and oversold conditions of the market, and checking for trend reverse Just look at the first screenshot . I’ve made 264% profit per month! First month u sing this EA, I achieved win ratio 100% with maximal DD 18%. It was just from one pair, this EA can run on more pairs, maximizing profit and minimalizing risk . It was just the first version of AGS,

AUTOMATIC TRADE COPIER for local * use . (copy trades between several metatrader terminals on the local computer/ *or GLOBALLY after setting your network /server !) Can copy trades from one or several main MT4 accounts to several MT4 and MT5 accounts (no limit). For MT4 to MT5 copy you have to also get version for Metatrader 5 here: https://www.mql5.com/en/market/product/80843 - very fast execution (theoretically up to 5ms delay, depends on computer speed) - user can set speed of copying (re

RISK CALCULATOR - TRADING PANEL - CHART OVERLAY with: PARTIAL TAKE PROFIT ("virtual TP") % RISK LOT SIZE TRAILING STOP LOSS Fast and simple control of your trades Easy lot size calculation with easy SL/TP setting. Your trading will be much more comfortable with this tool! Works like any EA, add it to selected chart and trade ! Features: start trade with calculated lot based on % of account balance * that you want to risk/ or based on how much money you want to risk *r

Smart Manager Dashboard - with auto virtual TP and auto virtual SL for all trades. -this EA is a powerful trade manager that can manage all symbols and all trades at once , all from one chart so it is a must have tool for every trader who keeps more trades at once. -it mainly does 2 things : INFO ABOUT TRADES and CLOSING TRADES (grouped by their symbol, so with this tool it is very easy and fast to manage even hundreds of trades ) -add to any chart, any timeframe and you are all set -this to

Classic Fractals indicator for MT4, with additional Trendlines connecting the latest couples of fractals ( fractals are showing highest high, and lowest low on each period) Rules for trendlines: -if new top fractal is below the last one = new resistance line -if new bot fractal is above the last one = new support line -Trendlines can be hidden -Fractals can be hidden Fractal Period = can be both even or uneven number, as it is setting for half (one side) of the bars sequence for findin

finally coming to MT5 too: AGS Scalper 2 is a powerful and versatile trading robot with very customizable risk/gain ratio Trading strategy : identification of overbought and oversold conditions of the market, and checking for trend reverse Just look at the first screenshot . I’ve made 264% profit per month! First month u sing this EA, I achieved win ratio 100% with maximal DD 18%. It was just from one pair, this EA can run on more pairs, maximizing profit and minimalizing risk . It w

AUTOMATIC TRADE COPIER for local * use . (copy trades between several metatrader terminals on the local computer/ *or GLOBALLY after setting your network /server !) Can copy trades from one or several main MT5 accounts to several MT5 and MT4 accounts (no limit). For MT5 to MT4 copy you have to also get version for Metatrader 4 here : https://www.mql5.com/en/market/product/80842 - very fast execution (theoretically up to 5ms delay, depends on computer speed) - user can set speed of copy

Tool converted from tradingview indicator. Modified version with pivot points calculated in a more intuitive way. This tool displays relative volatility and directional trend. Excellent way to pickup diversions and reversals. Length can be lowered to 11 or 13 in settings to show price range. Can be used to identify patterns such as parallel channels and likely direction of price action.

RISK TO REWARD TOOL for MT5 with UI on chart: (creates similar RR boxes like on tradingview) -creates and deletes draggable boxes on chart, ANY SYMBOL, ANY TF. Menu buttons: NEW BUY, NEW SELL, DELETE ALL, ( and minimize) -draggable target TP level -draggable SL limit level -text labels with pips SL TP, RR ratio-there is no limit of boxes -but program remembers first 100 boxes after changing input. there is parameter "delete_on_init" so false = every created box stays as it is, true

I automated trading strategy based on my HEIKEN+ Indicator which is included in this EA, and it worked out very well ! "HEIKEN PLUS is the only indicator you really need to be a successful trader , without in depth knowledge of the forex trading or any tools." Very suitable tool for new traders or advanced traders too. Check my seller page to see info about the indicator. HEIKEN+ is a combination of 2 indicators : normal Heiken Ashi and Heiken Ashi smoothed. It sends signal when these two

RISK CALCULATOR - TRADING PANEL - CHART OVERLAY with: PARTIAL TAKE PROFIT ("virtual TP") % RISK LOT SIZE TRAILING STOP LOSS Fast and simple control of your trades Easy lot size calculation with easy SL/TP setting. Your trading will be much more comfortable with this tool! Works like any EA, add it to selected chart and trade ! (this version is converted from MT4) Features: start trade with calculated lot based on % of account balance * that you want to risk/ or based on

Smart Manager Dashboard - with auto virtual TP and auto virtual SL for all trades. [Converted from MT4 version - All screenshots are from MT4] -this EA is a powerful trade manager that can manage all symbols and all trades at once , all from one chart so it is a must have tool for every trader who keeps more trades at once. -it mainly does 2 things : INFO ABOUT TRADES and CLOSING TRADES (grouped by their symbol, so with this tool it is very easy and fast to manage even hundreds

Simple Stats is utility for trades history management. (works as Expert Advisor) Allowing you to: see trading performance for each symbol separately , and so it helps you to find the M0ST and the W0RST profitable type of trades based on past results. filters: see only manual trades see only EA trades see only EA trades from one specific Magic Number select time period for history SS will distinguish reports with filename - each history report is named with account number an

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