Smart Heikin Ashi

Heikin Ashi candlesticks smooth out the price data to help traders spot trends and patterns in the market. By averaging the price values, these candlesticks provide a clearer visual representation, making it easier to identify trends and predict future movements without the noise of standard candlesticks. We at Minions Labs are revisiting this topic because of our fellow Swing Traders, who love Heikin Ashi.


WHY SHOULD I CARE about the Smart Heikin Ashi?

The Smart Heikin Ashi is an innovative tool that enhances your ability to detect significant movements, dojis, and high-volume areas on the Heikin Ashi chart. Delve into a myriad of adjustable parameters in the settings section to tailor the tool to your trading strategy.


HOW DOES THE Smart Heikin Ashi WORK?

The Smart Heikin Ashi enhances your charting tools by highlighting strong movements and potential reversal points through its doji indicators. It incorporates an on-chart High Volume alert to highlight significant trading volumes and offers customizable parameters to define what constitutes a Doji. Enable alerts for various patterns and movements to stay ahead in your trading game.


HOW TO "READ" the Smart Heikin Ashi

  • Identify trend changes, consolidation phases, and strong movements with a multi-colored layer on your chart.
  • Notice candles with unusually high volumes that might signify important market events.
  • Think of it as your enhanced Heikin Ashi chart, supercharged for more insightful trading.

    SETTINGS

    • --- COLORING SYSTEM ---
    • Color for Normal UP candles: Customize the color to represent upward-moving normal candles.
    • Color for Strong UP candles: Set a distinct color for candles that show strong upward movements.
    • Color for Normal DOWN candles: Choose a color for downward-moving normal candles.
    • Color for Strong DOWN candles: Highlight strong downward movements with a specific color.
    • Color for UP Doji candles: Assign a color to upward Doji candles indicating indecision or reversal.
    • Color for DOWN Doji candles: Specify a color for downward Doji candles.
    • Color for Perfect Doji candles: Define a color for perfectly balanced Doji candles.
    • --- VOLUME ANALYSIS ---
    • Enable Volume Analysis? Toggle on or off the volume analysis feature.
    • Period for volume average calculation: Set the period for calculating the average volume.
    • Volume Type to process: Select whether to process volume as TICKS (for Forex), or REAL volume.
    • Volume threshold (%): Define how much higher the volume must be compared to the average.
    • Volume Alert icon displacement: Adjust the pixel displacement for volume alert icons.
    • --- ALERT SYSTEM ---
    • Alert System: Activate or deactivate the alert system.
    • Define the types of alerts you want: MT5 Popup / e-Mail / MT5 Mobile App.
    • Define the time (in seconds) to wait after repeating a new alert.
    • Define if you want realtime alerts or ON CANDLE CLOSE alerts.
    • Define which types of movemets do you want to monitor: Only Strong Movements / Common Dojis / Perfect Dojis / A combination of whatever you want.

      BUFFERS for your Expert Advisor

      • Buffer #4 - Color system:
        • _COLOR_UP_NORMAL = 0
        • _COLOR_DOWN_NORMAL = 1
        • _COLOR_UP_STRONG = 2
        • _COLOR_DOWN_STRONG = 3
        • _COLOR_UP_DOJI = 4
        • _COLOR_DOWN_DOJI = 5
        • _COLOR_PERFECT_DOJI = 6
      • Buffer #5 - Higher volume - Any value > 0


        Didn't Find a Feature You Need?

        No tool is one-size-fits-all. If there's a feature you're missing in Smart Heikin Ashi, don't hesitate to contact us. Your input is invaluable as we strive to improve our offerings!


        About Us

        Minions Labs, founded by Flavio Jarabeck, is committed to boosting the capabilities of professional traders through advanced trading robots and indicators. Explore cutting-edge strategies across various markets and assets with our tailored solutions.

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        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. If you want to see more high-quality products or order the development/conversion of your own products, visit my partners' website: 4xDev Get 10% OFF on manual
        AW Candle Patterns
        AW Trading Software Limited
        AW 蜡烛形态指标是高级趋势指标与强大的蜡烛形态扫描仪的组合。它是识别和突出显示 30 个最可靠的烛台形态的有用工具。此外,它是一个基于彩色条的电流趋势分析器,带有   可调整大小和定位的插件多时间框架趋势面板。根据趋势过滤调整模式显示的独特能力。 优点: 轻松识别蜡烛形态 不重绘结果 内置多时间趋势面板 禁用模式类型(1、2、3 根蜡烛) 显示形态时趋势过滤的调整 MT4 version -> HERE  / Instructions and description  -> HERE 显示模式列表: 锤模式 固定/固定 看跌 Harami / 看涨 Harami 看跌 Harami Cross / 看涨 Harami Cross 枢轴点反转向上/枢轴点反转向下 双柱低位收盘价较高/双柱低位收盘价较低 收盘价反转向上 / 收盘价反转向下 中性条 /     两个中性条 双内/内/外 向上推力杆/向下推力杆 晚星/晨星 晚上十字星 / 早上十字星 吞没看跌线/吞没看涨线 镜子酒吧 流星 乌云盖顶 十字星 输入变量: Main settings Trend Filtering Mode
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        Stanislav Korotky
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        The Accumulation / Distribution is an indicator which was essentially designed to measure underlying supply and demand. It accomplishes this by trying to determine whether traders are actually accumulating (buying) or distributing (selling). This indicator should be more accurate than other default MT5 AD indicator for measuring buy/sell pressure by volume, identifying trend change through divergence and calculating Accumulation/Distribution (A/D) level. Application: - Buy/sell pressure: above
        Smart SD Rectangle Tool
        Liam Alex Thomas Webb
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        No Demand No Supply MT5
        Trade The Volume Waves Single Member P.C.
        No Demand No Supply   This indicator identifies   No Demand –No Supply candles to your chart and plots volume bars colored according to the signal. It can be applied to all timeframes or to a specific one only. It can also be used as regular volume indicator  with exceptional future of WEIGHTED VOLUME. Furthermore is has an alert notification, sound and email when a signals occurs. The indicator does not repaint but the alert will come on two candles back due to the definition of No Demand No Su
        该产品的买家也购买
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        Ihor Otkydach
        4.9 (80)
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        Power Candles MT5
        Daniel Stein
        5 (5)
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        Van Minh Nguyen
        5 (1)
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        Issam Kassas
        4.19 (27)
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        Daniel Stein
        5 (30)
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        5 (1)
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        4.21 (14)
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        Ihor Otkydach
        4.82 (22)
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        Daniel Stein
        4.92 (12)
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        Ramil Minniakhmetov
        5 (13)
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        Samuel Manoel De Souza
        4.47 (19)
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        AW Trading Software Limited
        4.76 (54)
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        Flavio Javier Jarabeck
        4.96 (28)
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        FREE
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        Flavio Javier Jarabeck
        4.57 (70)
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        Flavio Javier Jarabeck
        5 (11)
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        Flavio Javier Jarabeck
        4.67 (6)
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        Flavio Javier Jarabeck
        4.83 (35)
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        FREE
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        Flavio Javier Jarabeck
        2.83 (18)
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        Flavio Javier Jarabeck
        4.91 (23)
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        Flavio Javier Jarabeck
        4.29 (17)
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        FREE
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        Flavio Javier Jarabeck
        4.79 (14)
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        FREE
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        Flavio Javier Jarabeck
        4.29 (7)
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        FREE
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        Flavio Javier Jarabeck
        4.4 (10)
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        FREE
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        Flavio Javier Jarabeck
        4.57 (14)
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        FREE
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        Flavio Javier Jarabeck
        5 (1)
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        Flavio Javier Jarabeck
        3.5 (4)
        Volume Weighted Average Price (VWAP) is a trading benchmark commonly used by Big Players that gives the average price a Symbol has traded throughout the day. It is based on both Volume and price. Additionally we put in this indicator the MVWAP (Moving Volume Weighted Average Price). For those who do not know the usage and the importance od this indicator I recommend a great article about this subject at Investopedia ( https://www.investopedia.com/articles/trading/11/trading-with-vwap-mvwap.asp
        FREE
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        Flavio Javier Jarabeck
        4.33 (6)
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        Flavio Javier Jarabeck
        3.86 (7)
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        FREE
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        Flavio Javier Jarabeck
        5 (5)
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        Money Flow Index EA Friendly
        Flavio Javier Jarabeck
        3.67 (3)
        The traditional Money Flow Index indicator, this time, EA friendly . There are 3 buffers exposed that can be used by EAs to automatically analyze the Overbought and Oversold conditions of the quote. Just use the traditional iCustom() function to get these signals. This Money Flow Index calculation is based on the traditional Metaquote's MFI indicator. SETTINGS MFI Period Volume type to analyze (Real Volume or Ticks) Starting Overbought region Starting Oversold region USING WITH EAs Buffer #0: 
        FREE
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        Flavio Javier Jarabeck
        4.92 (12)
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        Flavio Javier Jarabeck
        5 (2)
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        FREE
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        Flavio Javier Jarabeck
        4.33 (6)
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        FREE
        Candle Zones
        Flavio Javier Jarabeck
        You probably heard about Candlesticks behaviors, which in most of the times could denote and trace Volume behaviors even if you are not watching Volume itself... Well, this indicator will do this. Naked traders love to rely solely on candlesticks patterns and with Candle Zones you can trap special patterns and DRAW THEM on your chart. As simple as that. There are several filters you can tweak in order to achieve the analysis you want. Just give it a try. After several months of testing, we think
        FREE
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        Flavio Javier Jarabeck
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        Flavio Javier Jarabeck
        4.8 (5)
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        FREE
        Time Spaced Moving Averages
        Flavio Javier Jarabeck
        5 (3)
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        FREE
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        Flavio Javier Jarabeck
        5 (4)
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        FREE
        ATR Monitor EA Friendly
        Flavio Javier Jarabeck
        ATR Monitor ATR is a measure of volatility introduced by market technician J. Welles Wilder Jr. in his book, "New Concepts in Technical Trading Systems". In general, traders are accustomed to seeing the ATR in the form of a sub-window indicator. What I am presenting here is a simplified version of ATR - just the current ATR number - very useful for monitoring just the very moment of the current chart. And, by default, this indicator will not show up on screen, you can just use the buffers thems
        FREE
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        Flavio Javier Jarabeck
        5 (1)
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        Economic Markers PRO
        Flavio Javier Jarabeck
        4 (1)
        Easily get all relevant economic events of the current day right into your chart, as markers. Filter what kind of markers do you want: by country (selected individually) and by Importance (High relevance, Medium, Low or any combination of these). Configure the visual cues to your liking. Additionaly you have the ability to add up to 5 personal markers of your own agenda. With Alerts and/or with blackout periods, if you are using it within an Expert Advisor! All in one Economic Calendar indicator
        Market Momentum PRO
        Flavio Javier Jarabeck
        The Market Momentum indicator is based on the Volume Zone Oscillator (VZO), presented by Waleed Aly Khalil in the 2009 edition of the International Federation of Technical Analysts journal, and presents a fresh view of this market valuable data that is oftenly misunderstood and neglected: VOLUME. With this new approach of "seeing" Volume data, traders can infer more properly market behavior and increase their odds in a winning trade. "The VZO is a leading volume oscillator; its basic usefulness
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