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Heikin-Ashi Smoothed Candlestick Metatrader 4 Indicator

Another version of the default Heikin-Ashi candlestick indicator for MT4.

An excellent tool to trade high volatile currency pairs such as the GBP/JPY because of the smoothing factor.

This helps trader to reduce the amount of false signals.


Download the Heikin-Ashi Smoothed.mq4 indicator

EUR/USD Daily Chart Example

heikin-ashi smoothed

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

  • Download the Heikin-Ashi Smoothed.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.