Mastering the Heiken Ashi Smoothed HTF Signal for MT5 Trading

The Heiken Ashi Smoothed HTF Signal is a fantastic tool for gauging trend directions in your trading. This indicator takes cues from the latest bars of the Heiken Ashi Smoothed to present a clear visual representation of market trends. The color coding makes it easy to spot opportunities: red signals a downward trend, while lime indicates an upward movement.

Indicator Input Parameters:

You can customize the timeframe and the financial asset for the indicator through its input parameters. If you leave the Symbol_ parameter blank, the indicator will default to the current chart symbol.

All input parameters can be categorized into two main groups:

Heiken Ashi Smoothed Indicator Input Parameters:

//+-----------------------------------+
//|  Indicator input parameters       |
//+-----------------------------------+
input string Symbol_="";                   // Financial asset
input ENUM_TIMEFRAMES Timeframe=PERIOD_H6; // Timeframe for the indicator calculation
input Smooth_Method hMA_Method=MODE_JJMA;  // Smoothing method
input int hLength=30;                      // Smoothing depth                    
input int hPhase=100;                      // Smoothing parameter

Heiken Ashi Smoothed HTF Signal Indicator Input Parameters:

//---- indicator display settings
input string Symbols_Sirname="Heiken_Ashi_Label_"; // Indicator labels names
input uint  BarTotal=4;                            // Number of displayed bars
input color UpSymbol_Color=Lime;                   // Growth symbol color
input color DnSymbol_Color=Red;                    // Downfall symbol color
input color IndName_Color=DarkOrchid;              // Indicator name color
input uint Symbols_Size=34;                        // Signal symbols size
input uint Font_Size=15                           // Indicator name font size
input int Xn=5                                    // Horizontal shift of the name
input int Yn=-20                                  // Vertical shift of the name
input bool ShowIndName=true                       // Indicator name display
input ENUM_BASE_CORNER  WhatCorner=CORNER_RIGHT_UPPER; // Location corner
input uint X_=0;                                   // Horizontal shift
input uint Y_=30                                  // Vertical shift

If you're planning to use multiple Heiken Ashi Smoothed HTF Signal indicators on the same chart, make sure each has a unique Symbols_Sirname value to avoid any mix-ups.

To install the Heiken Ashi Smoothed indicator, simply place the compiled file into the terminal_data_folder\MQL5\Indicators directory.

Additionally, the indicators utilize the SmoothAlgorithms.mqh library classes, which you’ll need to copy into the terminal_data_folder\MQL5\Include. For a deeper understanding of these classes, check out the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".

Heiken Ashi Smoothed HTF Signal

Mastering the Heiken Ashi Smoothed HTF Signal for MT5 Trading

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