Heiken Ashi Pro is a more advanced version than the default Heiken Ashi version of Metatrader 4.
Features:
- Automatic change width when zooming
- ON / OFF button to display candles or not
- Options for changing colors
The Heikin-Ashi technique is used by technical traders to identify a given trend more easily. Because the Heikin-Ashi technique smooths
price information over two periods, it makes trends, price patterns, and reversal points easier to spot. Candles on a traditional
candlestick chart frequently change from up to down, which can make them difficult to interpret. Heikin-Ashi charts typically have
more consecutive colored candles, helping traders to identify past price movements easily.
price information over two periods, it makes trends, price patterns, and reversal points easier to spot. Candles on a traditional
candlestick chart frequently change from up to down, which can make them difficult to interpret. Heikin-Ashi charts typically have
more consecutive colored candles, helping traders to identify past price movements easily.
The Heikin-Ashi technique reduces false trading signals in sideways and choppy markets to help traders avoid placing trades during these
times.
times.