PipTick Heiken Ashi is our version of the Heiken Ashi indicator. Unlike competing products, this indicator offers ample opportunities for calculating Heiken Ashi candles. It can be displayed in a classic or smoothed form.

This indicator calculates Heiken Ashi with a moving average in four ways:

• SMA – simple Moving Average
• SMMA-smoothed moving average
• EMA-exponential moving average
• LWMA-linearly weighted moving Average

• The indicator displays Heiken Ashi in a classic or smoothed form.
• A great tool for simple trend estimation
• Works on all timeframes (M1, M5, M15, M30, H1, H4, D1, W1, MN)
• The indicator is not redrawn
• Ready for testing
• Customizable parameters (Colors, MA periods…)
• Very fast calculations
• Designed for MT4 and MT5

• Indicator_Mode – Choosing a classic or smoothed version of the indicator
• MA1_Method-Moving Average method for calculating Heiken Ashi: SMA, SMMA, LWMA and EMA
• MA2_Method – Moving average method for calculating smoothing: SMA, SMMA, LWMA and EMA
• MA1_Period – The period of the moving average for calculating Heiken Ashi
• MA2_Period – The period of the moving average for calculating smoothing
• Color_Up_Bar – The color of the Heiken Ashi bar up
• Color_Down_Bar – Color of the Heiken Ashi bar down

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• PipTick HA Low/High – Displaying the Low values for the up bar and the High values for the down bar
• PipTick HA High/Low – Displaying High values for the up bar and Low values for the down bar
• PipTick HA Open – Displaying the values of the Open bar Heiken Ashi
• PipTick HA Close – Displaying the Close values of the Heiken Ashi bar
• PipTick HA Direction – Displaying the type of bar Heiken Ashi The number 0 means bar up, 1 means bar down

For more information, visit the PipTick Heiken Ashi page.

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