If you're looking to enhance your trading strategy, the Heiken Ashi Smoothed Trend Indicator is a game changer! This handy semaphore signal indicator alerts you when the candles change direction, helping you catch those pivotal market moves.
This indicator utilizes the Heiken Ashi Smoothed methodology, which smooths out price action and makes trends more visible. It’s based on the SmoothAlgorithms.mqh library, which you’ll need to copy to your terminal_data_catalog/MQL5/Include folder. If you're curious about how this all works, check out my detailed article on Averaging Price Series for Intermediate Calculations.
Fig.1. Heiken Ashi Smoothed Trend Indicator
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