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Heiken Ashi w/ Doji Spotter – indicator for MetaTrader 4

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Old 20-03-2018, 21:36
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Default Heiken Ashi w/ Doji Spotter – indicator for MetaTrader 4

Screendshoti2011-07-08oata11_25_26uPM.png

This is the standard Heiken Ashi, but with the option to spot Dojis and color them differently.

Basically, if the body of the candle is less than a certain percentage of the total range for that candle, then it’s a doji. That’s the premise behind this. A Doji for Heiken Ashi is typically almost no body at all, with a long head and tail. I default the value to 10% of the total range, but I personally have been testing with the value at 4%. YMMV.

How to install Heiken Ashi w/ Doji Spotter – indicator for MetaTrader 4.mq4?


    Download Heiken Ashi w/ Doji Spotter – indicator for MetaTrader 4.mq4
    Copy Heiken Ashi w/ Doji Spotter – indicator for MetaTrader 4.mq4 to your Metatrader Directory / experts / indicators /
    Start or restart your Metatrader 4 Client
    Select Chart and Timeframe where you want to test your MT4 indicators
    Search "Custom Indicators" in your Navigator mostly left in your Metatrader 4 Client
    Right click on Heiken Ashi w/ Doji Spotter – indicator for MetaTrader 4.mq4
    Attach to a chart
    Modify settings or press ok
    Indicator Heiken Ashi w/ Doji Spotter – indicator for MetaTrader 4.mq4 is available on your Chart

How to remove Heiken Ashi w/ Doji Spotter – indicator for MetaTrader 4.mq4 from your Metatrader Chart?


    Select the Chart where is the Indicator running in your Metatrader 4 Client
    Right click into the Chart
    "Indicators list"
    Select the Indicator and delete

Click here below to download:

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