Heiken Ashi Smoothed Indicator
Platform: MT5 Type: Trend Last update: September 22, 2024The Heiken Ashi Smoothed indicator is a very popular trading tool. It helps to see clear trend momentum without much noise.
The logic behind the smoothed version of Heiken Ashi candles is simple: instead of using “raw” prices” for calculations, it’s using smoothed/filtered/averaged prices instead.
That usually filters out some false signals and makes it easier to use.
This version can use some of the 4 basic types of averages for smoothing:
- Simple moving average (SMA).
- Exponential moving average (EMA).
- Smoothed moving average (SMMA).
- Linear weighted moving average (LWMA).
Additionally, you can use a “step” filter (in pips) to filter out value changes that are smaller than the desired threshold (if the step is set to <=0, then that filter is not used).
