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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.