4 Time Frames Heiken Ashi Forex Indicator For Metatrader 4

The 4 time frames Heiken Ashi Forex indicator draws accurate buy and sell signals on the MT4 chart.

The buy and sell signals are based on the popular Heiken Ashi indicator.

Signals are based on 4 different time frames to deliver the best trend signals.

The indicator draws the Heiken Ashi trends for the 4 time frames in the form of bars below the main MT4 chart window.

Based on the outcome, it will provide you with easy to trade buy and sell signal that appear on the main chart.

  • A green Heiken Ashi arrow represents a buy signal.
  • A red Heiken Ashi arrow represents a sell signal.

Feel free to experiment with the different input parameters to create your own optimized signals.

You can deploy this Forex trend indicator for any trade style.

Download This MT4 Forex Indicator Free

Download the “4-time-frame-heiken-ashi.ex4” Metatrader 4 indicator

4 Time Frames Heiken Ashi Indicator Chart

Here’s an example of how the indicator should look like when loaded onto the Metatrader 4 chart.

You can apply the indicator to any currency pair and time frame of your preference.

Finding Buy and Sell Triggers With 4 Time Frames Heiken Ashi Technical Analysis Chart Indicator

Below is an example of how to buy and sell currency pairs with this Forex indicator:

Buy Trigger: Buy the currency pair when the 4 time frames Heiken Ashi indicator draws a green arrow on the main MT4 chart.

Place a stop loss 5 pips below previous swing low support, or use your own stop loss strategy.

Aim for reward/risk 1:1 ratio or better, or deploy your own take profit strategy.

Sell Trigger: Sell the currency pair when the 4 time frames Heiken Ashi indicator draws a red arrow on the main MT4 chart.

Place a stop loss 5 pips above previous swing high resistance, or use your own stop loss strategy.

Aim for reward/risk 1:1 ratio or better, or deploy your own take profit strategy.

Download This Forex Indicator Now

Download the “4-time-frame-heiken-ashi.ex4” MT4 indicator

Adjustable Parameters

Current time frame, next time frame 1, next time frame 2, next time frame 3, next time frame 4, MA period, HA high low, colors, width, style.

Usage

The indicator can be used as a stand-alone signals indicator.

It can also be combined with:

  • Trading oscillators (MACD, Stochastic, RSI,…)
  • Price action methods and techniques

More Info About This Indicator

Tradable Currency pairs: Any

Trading Platform: MT4

Time frames: M1, M5, M15, M30, H1, H4, D1, W1

Indicator Type: trend

Installation

Copy and paste the indicator in the MT4 indicators data folder.

Then restart the MT4 terminal and attach it to any chart.

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