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Heiken Ashi Smoothed

Heiken Ashi Smoothed

The Heiken Ashi Smoothed MT4 indicator combines the normal heiken ashi formula which has a moving average calculated on the OHLC.

Heikin Ashi is a kind of software system that originated in Japan (heikin ashi means average bar).

Video: Heiken Ashi Smoothed

This is a trend following indicator, a very smooth trend-line that change color based on the trend direction. It might filter false signals which enable it to offer a better picture of the overall trend.

Heiken Ashi Smoothed (4.4 KiB, 585 downloads)
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