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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 time frames.

    Trading Signals

    Green bar: bullish

    Red bar: bearish

    Tip: 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


    How to install the Heikin-Ashi Candlestick Bars custom indicator in Metatrader 4?

    • Download the Heiken Ashi_SWAlert.mq4 indicator to your computer.
    • Open your Metatrader 4 platform.
    • Open the data folder from the top menu.
    • Open the MQL4 folder.
    • Open the indicators folder.
    • Paste the indicator file in this folder.
    • Restart the trading platform.
    • Open any trading chart.
    • Attach the indicator to the chart.