This Heiken Ashi indicator for MetaTrader has been improved with a moving average band, very useful to determine the levels where the price might reverse or breakthrough and change the trend. When trading with the trend, you probably want to buy above or when the price leaves the EMA band rising up, or sell when the price is below the EMA band or drops below it, and proceed with caution when the price stalls within the bands.
It is worth to mention that the Heiken Ashi candles are mainly used to remove the normal candles’ distractions, especially when the price forms small consolidation zones and the trader is tempted to enter a trade based on the candlestick color.
The settings are very simple and easy to understand. The trader can choose to candles size (to match their chart zoom), the exponential moving average for the bands and the indicator colors.
Heiken Ashi & Bands (MT4 indicator)
$23.00
This Heiken Ashi indicator for MetaTrader has been improved with a moving average band
Forex Trading
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...made to work with most brokers
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...when a new version is released
| Platform | MT4 |
|---|---|
| License Type | Standard |
After the payment, there are two ways to get the RobotFX EA/indi, depending on the license type:
- Direct Download : for Standard license type products, the download link will become visible after the payment (registered customers will also be able to find their downloads under Account > Downloads section)
- Email Delivery : Extended license type customers are required to send us their trading platform (MT4/MT5) and live trading account numbers (maximum of five) so we can customize their product. The personalized trading tool will be emailed to the customer email as soon as compiled and bound to their account numbers
* Check the Item specifics tab to determine what type of license applies to this product.
⚠ RobotFX trading tools are always in .ex4 / .ex5 filetype format. We suggest the MQL RobotFX website to traders looking for open source code (.mq4 and .mq5) (these are not made by RobotFX Traders).
Recommendations
Customer reviews
RobotFX
Out of 5 stars
Overall rating out of 30 Google reviews
It's a very good company and shows that its services are excellent
Great
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I found the program to be very intuitive and easy to use, even for a beginner like me. The RobotFX team was also very friendly and they took time to help me get started.
Great support and good trading tools
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Lachlan Pace (verified owner) –
I have been using RobotFX Heiken Ashi for a few months now and I am very impressed with its performance. It is easy to install and configure, and it works well with any currency pair and timeframe. It has helped me to increase my profits and reduce my losses by following the Heiken Ashi candles and avoiding choppy markets.