Heiken Ashi Smoothed Indicator
Platform: MT4 Type: Pattern Last update: January 12, 2025The Heiken Ashi Smoothed Indicator for MT4 is a variation of these popular heiken ashi candles. It provides enhanced precision in highlighting bullish and bearish trends. In other words, its main advantages are reducing market noise and improving accuracy. Let’s see how to make the most of this tool.
Example chart:
Heiken ashi smoothed mt4 indicator signals explained
The indicator deploys these specific and colorful bars representing market momentum and direction. Green reflect bull upward trend and red correspond to bull downward movement. When sentiment changes, the heiken ash smoothed bars act accordingly always telling traders the actual state.
As you can see, it provides reliable entry and exit points as well as reversal opportunities. The other thing to notice is that it doesn’t replace the regular candles, but places another layer instead.
The formula behind heiken ashi smoothed
In order to work so well, its formula incorporates two moving average indicators. By doing so, it filters out short-term fluctuations, offering a smoother view of market trends. What’s more, it can be adjusted by changing the period and method. In the result one can get high or low level of fluctuactions sensitivity.
Let’s say, someone needs wider context and changes ma periods to 20 and 60.
This chart shows more long-term oriented readings:
Final thoughts
All in all, the heiken ashi smoothed indicator is powerful tool for confirmation of trends and potential trade entries. Its very good performance made it popular and used in various strategies by traders around the world.
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