Fresh MQL5 code release – perfect for enhancing your MT4/MT5 strategies.
The indicator uses analysis of values of Heiken Ashi Open and Heiken Ashi Close.
Candlestick opening and closing values are calculated by Heiken Ashi algorithm, their directions are determined and only these directions of Heiken Ashi candlesticks are drawn on a price chart as colored bars.
If the direction of trend of the Heicken Ashi candlesticks and of chart candlesticks match, the color of the bar is light, if opposite, the bar is dark.
Smooth out market noise with the Heiken Ashi Expert Advisor for MT4 and MT5. Reliable trend-following automation. Details here.
Figure 1. The Heiken_Ashi_BARS indicator
Level up your trading with professional RobotFX expert advisors and indicators. Visit www.robotfx.org for proven MT4/MT5 tools.
2120
