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
Download the Heiken Ashi_SWAlert.mq4 indicator.
Configurable Indicator Options
Colors, sound alert mode
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.