Smoothed HeikenAshi Indicator V2.1 MT5

Overview

The Smoothed HeikenAshi Indicator V2.1 MT5 is a powerful technical tool designed to enhance your trading experience. It provides smoothed Heiken Ashi candles, which are a variation of the standard Heiken Ashi candles. Let’s dive into the details:

1. Indicator Description:
   • The indicator draws bullish and bearish bars on the chart to reflect the direction of the trend.
   • It consists of orange bearish bars and green bullish bars.
   • When the trend changes, the indicator color switches accordingly.
2. Timeframe:
   • The indicator works well on multiple time frames, but it’s most effective on higher time frames (H1, H4, or daily).
   • Longer time frames provide smoother signals and reduce noise.
3. Strategy:
   • Trade only in the direction of the smoothed Heiken Ashi (Blue for long, Red for short).
   • Entry:
     • Buy when the default Heiken Ashi closes one bar above the smoothed Heiken Ashi.
     • Sell when the default Heiken Ashi closes one bar below the smoothed Heiken Ashi.
   • Exit:
     • Exit your position when the default Heiken Ashi closes one bar in the opposite color.
   • Stop Loss (SL):
     • Set an emergency stop loss of 100 pips (adjustable for different time frames).

Minimum Deposit and Currency

• Minimum Deposit:
  • There is no specific minimum deposit requirement for using the indicator. You can start with any amount you’re comfortable with.
• Currency:
  • The indicator can be used with any currency pair. Choose the one that aligns with your trading strategy and risk tolerance.

How to Get Started:

1. Download and Installation:
   • Download the Smoothed HeikenAshi Indicator V2.1 MT5 from the provided link: https://www.fxcracked.org/product/smoothed-heikenashi-indicator-v2-1-mt5/
   • Visit our website https://www.fxcracked.org/ for additional resources and insights.
   • Contact: @yoforexpremium

Happy Trading! 🚀📈