HaDelta - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resources
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The popularity of Heiken Ashi trending technology has grown significantly. Its simplicity and power make it an excellent tool for trading any asset at any price range.
Initially, this technique was used as a graphical supplement to usual price chart analysis. Later came the special Heiken Ashi candlesticks. Then there is the light HaDelta, based on the difference between the opening and closing prices of the Heiken Ashi candlestick.
In fact, the HaDelta indicator is a momentum indicator that uses Heiken Ashi candlesticks as input time series.
The indicator uses the SmoothAlgorithms.mqh library class (must be copied to terminal_data_folder\MQL5\Include). The use of the class "Average price series for intermediate calculations without using additional buffers" is described in detail in the article.
Figure 1 HaDelta indicator.
Attachment download
📎hadelta.mq5 (8.67 KB)
📎 smoothalgorithms.mqh (133.8 KB)
Source: MQL5 #1224
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