Based on the classic Heiken Ashi indicator included in MetaTrader 5, this NoRepaint Heiken Ashi delivers exactly what its name says: faster drawing and non-repainting Heiken Ashi candles.
The difference is clearly visible, with the no repaint indicator allowing a more precise (and more often, based on the price action) color change of the Heiken Ashi candles.
The Heiken Ashi indicator settings are very simple, with only 2 options that the trader can choose from:
– enable/disable the fast generation of Heiken Ashi candles
– enable/disable the repainting option