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.
- 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