Dōteki Heikin Ashi (Dynamic Average Foot/Bar) – indicator MetaTrader 4
The standard Heikin Ashi candle representation has an open value that is equivalent to an Exponential Moving Average (EMA) of the Total Price, of which the alpha value of the EMA is fixed at 0.5 (equivalent to an EMA period of 3.0). In this dynamic version, the period can be changed to whatever value one … Read more
