Heiken Ashi Smoothed
Full Size ImageThe Heiken Ashi Smoothed MT4 indicator combines the regular heiken ashi formula having a moving average calculated on the OHLC.
Heikin Ashi is a kind of automated program that originated from Japan (heikin ashi translates as average bar).
It is just a trend following indicator, a really smooth trend-line that change color in accordance with the trend direction. It may filter false signals and may give you a better picture from the overall trend.
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