Unlocking Trading Insights with Heiken Ashi Smoothed Volatility Volume Indicator for MetaTrader 5

Mike 2019.02.07 17:45 40 0 0
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Author: Eva Ruft

If you're looking to enhance your trading strategy, the Heiken Ashi Smoothed Volatility Volume indicator is a game-changer. This tool takes the Heiken Ashi approach and combines it with volatility measures, smoothed out to give you clearer signals without the noise. It’s all about understanding market movements without getting bogged down by erratic price swings.

Indicator Input Parameters

//+----------------------------------------------+//|  INDICATOR INPUT PARAMETERS                  |//+----------------------------------------------+input Smooth_Method     HMA_Method=MODE_T3;        // Smoothing methodinputuint              HLength=12;                // Depth of averaging                    inputint               HPhase=100                // Parameter of averaging,3//---- for JJMA within the range of -100 ... +100 it influences the quality of the transition process;//---- for VIDIA it is a CMO period, for AMA it is a slow average periodinputENUM_APPLIED_VOLUME VolumeType=VOLUME_TICK;  // volume inputint               Shift=0                   // horizontal indicator shift in bars

To get started, make sure to download the SmoothAlgorithms.mqh library classes and place them in your <terminal_data_folder>\MQL5\Include directory. We've gone into detail about how to use these classes in our article on Averaging Price Series for Intermediate Calculations Without Using Additional Buffers.

Heiken Ashi Smoothed Volatility Volume Indicator

Fig. 1. Heiken Ashi Smoothed Volatility Volume Indicator

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