Heiken Ashi Smoothed Trend Indicator: A Simplified Approach to Trading
 
Description: The Heiken Ashi Smoothed Trend Indicator is designed to simplify the trading process by providing clear buy and sell signals based on candle color changes. This indicator is ideal for both long and short trades and can be used around the clock on any currency pair. It is important to ensure that the candle is clarified (i.e., the trade is opened after the candle is closed/clarified) before entering a trade.
 
Trading Rules:
Closing and Opening Trades:
Sell Trade: When the indicator candle is red, open a sell trade. As soon as a green candle appears, close the sell trade and simultaneously open a buy trade.
Buy Trade: When the indicator candle is green, open a buy trade. As soon as a red candle appears, close the buy trade and simultaneously open a sell trade.
Trade Options:
Trade long, short or both.
 
Characteristics of Heiken Ashi Smoothed
Platform: Metatrader4
Currency pairs: All pairs
Trading Time: Around the clock
Timeframe: H4, H1, M30
 
Parameters:
MaMetod    =  2;
MaPeriod    =  4;
MaMetod2  =  2;
MaPeriod2  =  1;
 
Ensure that the candle is clarified before opening a trade, meaning the trade should be opened after the candle has closed and its color is confirmed.
 
Please note:
Purchasing this Heiken Ashi Smoothed Indicator grants you FULL ACCESS to the Code and Parameters.
 
 
RISK DISCLAIMER:
The application shown on this page does not consider your personal circumstances and trading objectives. Therefore, it should not be seen as a personal recommendation or investment advice. Past performance is not indicative of future results. There is no guarantee that the systems, trading techniques, methods, expert advisors (EAs), scripts and/or indicators will lead to profits or prevent losses.