Heikin-Ashi Candlestick Bars Indicator

The Heikin-Ashi candlestick indicator displayed as green and red bars in a sub-window below the main MT4 trading chart. A green bar is considered to be a bullish Heikin-Ashi candlestick. A red bar is considered to be a bearish Heikin-Ashi candlestick. The indicator can be used on all pairs and timeframe’s.

Trading Signals

Green bar: bullish

Red bar: bearish

Combine the Heikin-Ashi bar indicator with other analysis tools and indicators to built a complete forex trading system.

Indicator Preferences

Currency pairs: any

Time frames: any

Trading sessions: any


Download the Heiken Ashi_SWAlert.mq4 indicator.

Configurable Indicator Options

Colors, Sound alert mode,…

Example: EUR/USD 4-Hour Chart


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