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Heiken Ashi Smoothed

Heiken Ashi Smoothed

The Heiken Ashi Smoothed MT4 indicator combines the regular heiken ashi formula with 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 in accordance with the trend direction. It could possibly filter false signals and may give a better picture of the overall trend.

Heiken Ashi Smoothed (4.4 KiB, 145 downloads)
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