Heiken Ashi Smoothed Indicator MT5
Platform: MT5 Type: Trend Last update: March 10, 2025The Heiken Ashi Smoothed Indicator for MT5 help to recognize trend in a clean manner. In comparison to the regular heiken ashi candles, this variation incorporates several improvements, resulting in solid and accurate signals in the output. It works even better regarding noise reduction, thus forex traders get clearer overview on the market situation.
Example chart:
How to use the heiken ashi smoothed candles in mt5?
When it comes to trading rules, there are not many changes: green bars reflect bullish momentum, and orange candlesticks indicate bearish movement. With just a glance, it’s easy to notice how reliable these signals have become.
Differences in formulas
The regular version simply uses naked price values for all calculations and provided readings. This one however utilizes averaged values and in the settings tab, you can pick among four smoothing methods: SMA, EMA, SMMA and LWMA. Feel free to test each option in context of performance for given currency pair.
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