Sunday, 8 September 2013

Heiken ashi MTF indicator

You want to analyse multi time frame with heiken ashi chart, but just want to see it on an only chart. you can use this indicator. there are many setting options on it

The default setting is :

 TimeFrame1 = "Current time frame";
 TimeFrame2 = "next1";
 TimeFrame3 = "next2";
 TimeFrame4 = "next3";
 MaMethod = MODE_SMMA;
 MaPeriod = 6;
 MaMethod2 = MODE_LWMA;
 MaPeriod2 = 2;
 UseHAHighLow = true;
 UniqueID = "4 Time frame HA";
 LinesWidth = 0;
 LabelsColor = DarkGray;
 LabelsHorizontalShift = 5;
 LabelsVerticalShift = 1.5;

Here is the image of it:



As you can see it indicate the 4 timeframes heiken ashi smoothed, if you just want the heiken ashi candle, you can modify the moving average period at 1.
download the indicator at here: 4mtf heiken ashi

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