One of the most popular chart types is Heiken Ashi, it’s similar to candlestick chart but its much smoother and traders use it to have a clean noiseless picture of price action.
Heiken Ashi removes the noise by making the OHLC bars smoother so you will have a more clean chart compare to other chart types like candlestick and one of the main benefits of using Heiken Ashi instead of candlestick charts is the way it shows the trends, you can quickly spot the trend direction and strength by looking to a Heiken Ashi chart.
This indicator shows different time frames Heiken Ashi bars on top of your chart, so you don’t need to change your current chart type and you can choose either regular or smoothed type of Heiken Ashi.
Heiken Ashi MTF indicator adds Heiken Ashi charting feature to cTrader.
Features
Multi timeframe indicator
Sound, popup, and email alert on Heiken Ashi bar color change
Support both regular and smoothed Heiken Ashi
Setting the Heiken Ashi bullish/bearish bars color
Filling the bar bodies or leaving it transparent
Adjusting the color transparency
4 reviews for Heiken Ashi MTF
Rated 4 out of 5
Taz –
Great indicator!
Just missing a parameter to adjust the width of the candles so that the candles will fit on different zoom levels, could you add this simple parameter please?
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Ahmad Noman Musleh –
The bar width parameter has been added
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Rated 4 out of 5
Forex –
Very cool Indi !
But it seems to have problems with time frames below 3 Min and also Tick charts-
Is there a way or setting to get those TF´s right?
Thanks in advance!
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Ahmad Noman Musleh –
The issue with shorter time-based time frames has been fixed, regarding non-time-based time frames this indicator doesn’t work on Tick, Renko, and Range charts.
You can have Heiken Ashi on any of the cTrader supported chart types with our Custom Period Chart indicator.
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Rated 5 out of 5
Ian –
Absolutely fantastic.
Smoothed Heiken Ashi is an invaluable tool to any trend trader. Additional settings and parameters are also very useful.
Would definitely recommend checking it out, a big thanks to the author for this.
Taz –
Great indicator!
Just missing a parameter to adjust the width of the candles so that the candles will fit on different zoom levels, could you add this simple parameter please?
Ahmad Noman Musleh –
The bar width parameter has been added
Forex –
Very cool Indi !
But it seems to have problems with time frames below 3 Min and also Tick charts-
Is there a way or setting to get those TF´s right?
Thanks in advance!
Ahmad Noman Musleh –
The issue with shorter time-based time frames has been fixed, regarding non-time-based time frames this indicator doesn’t work on Tick, Renko, and Range charts.
You can have Heiken Ashi on any of the cTrader supported chart types with our Custom Period Chart indicator.
Ian –
Absolutely fantastic.
Smoothed Heiken Ashi is an invaluable tool to any trend trader. Additional settings and parameters are also very useful.
Would definitely recommend checking it out, a big thanks to the author for this.
weera sriwisat –
Very cool Indi