Heiken Ashi CE Filtered MT5

Overview

Heiken Ashi CE Filtered MT5 is a technical indicator for the MetaTrader 5 platform. It integrates smoothed candlestick charting with a dynamic exit strategy and a customizable trend filter to deliver clear buy and sell signals. The indicator is designed to improve trend detection and signal reliability by reducing market noise.

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Features

  • Displays Heiken Ashi candlesticks to smooth price data and highlight trends.

  • Integrates Chandelier Exit for dynamic stop-loss levels based on ATR (Average True Range).

  • Applies a filter (Linear Regression or LRMA) to refine signals and reduce false positives.

  • Plots buy and sell arrows on the chart for clear signal visualization.

  • Optional alerts for buy and sell signals.

  • Customizable settings for appearance and functionality, including colors, line styles, and arrow sizes.

  • Option to hide original price bars and focus on Heiken Ashi visuals.

Parameters

Chandelier Exit Settings

  • CE ATR Period: Defines the period for calculating the Average True Range (default: 1).

  • CE ATR Multiplier: Adjusts the multiplier for Chandelier Exit levels (default: 0.75).

Filter Settings

  • Filter Length: Sets the period for the filter calculation (default: 50).

  • Filter Mode: Choose between Linear Regression (LinReg) or LRMA (default: LRMA).

  • Filter Source: Select the price type for the filter (default: Close Price).

  • Filter Use Heiken Ashi: Enable or disable Heiken Ashi data for the filter (default: True).

  • Filter Line Color: Customize the color of the filter line (default: Blue).

  • Filter Line Style: Choose the style of the filter line (default: Solid).

  • Filter Line Width: Set the thickness of the filter line (default: 1).

Display Settings

  • Hide Original Bars: Toggle to hide standard price bars and show only Heiken Ashi bars (default: True).

  • Show Heiken Ashi Bars: Enable or disable the display of Heiken Ashi candlesticks (default: True).

Signal Arrow Settings

  • Buy Arrow Color: Set the color for buy signal arrows (default: Gold).

  • Buy Arrow Size: Adjust the size of buy signal arrows (default: 1).

  • Buy Arrow Offset (Points): Set the vertical offset for buy arrows (default: 50).

  • Sell Arrow Color: Set the color for sell signal arrows (default: Gold).

  • Sell Arrow Size: Adjust the size of sell signal arrows (default: 1).

  • Sell Arrow Offset (Points): Set the vertical offset for sell arrows (default: 50).

Alert Settings

  • Buy Alert On: Enable or disable alerts for buy signals (default: False).

  • Sell Alert On: Enable or disable alerts for sell signals (default: False).


If you liked the indicator, I will be glad to have a positive review. If you find any problems with the indicator, please contact me

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5 (2)
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Temirlan Kdyrkhan
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Overview The Market Perspective Structure Indicator is an indicator designed to provide traders with a detailed analysis of market structure across multiple timeframes. It identifies and visualizes key price action elements, including swing highs and lows, Break of Structure (BOS), Change of Character (CHOCH), internal structures, equal highs/lows, premium/discount levels, previous levels from higher timeframes, and trading session zones. With extensive customization options, this indicator is
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