Heiken_Ashi_Smoothed_HTF_Signal - MetaTrader 5 script

Heiken_Ashi_Smoothed_HTF_Signal displays the trend direction starting from the last bar Heiken_Ashi_Smoothed as a series of graphical objects colored according to the trend direction. The number of bars to use is set in the input parameter. Red shows a downward trend, while lime indicates an upward trend.

Indicator input parameters:

The time frame and name of the financial assets used for indicator calculations can be changed through the appropriate input parameters of the indicator. If the Symbol_(financial asset) input parameter is empty, the current chart symbol will be used as the financial asset.

All input parameters can be divided into two major groups:

 //+------------------------------------------------+
//| Indicator input parameters |
//+------------------------------------------------+
Enter string symbol_= ”” ; // Financial assets
Input ENUM_TIMEFRAMES time range = PERIOD_H6 ; // time range for indicator calculation
Input Smooth_Method hMA_Method=MODE_JJMA; // Smoothing method
Input integer h length = 30 ; // smoothing depth
Input integer h phase = 100 ; // smoothing parameter

 //----Indicator display settings
Enter StringSymbols_Mr . Name = "Heiken_Ashi_Label_" ; // Indicator label name
Enter unit Column total = 4 ; // Number of bars to display
Input color UpSymbol_Color=lime; // Growth symbol color
Input color DnSymbol_Color=red; //Color of downfall symbol
Input color IndName_Color=Dark Orchid; // Indicator name color
Input unit symbol_size = 34 ; // signal symbol size
Input unit font size = 15 ; // Indicator name font size
Input integer Xn= 5 ; // horizontal movement of name
Input integer Yn= -20 ; //The name moves vertically
Input boolean display name = true ; // indicator name display
Input ENUM_BASE_CORNER what corner = CORNER_RIGHT_UPPER ; // position angle
Input unit X_= 0 ; // horizontal movement
Input unit Y_= 30 ; // vertical translation

If you want to use multiple Heiken_Ashi_Smoothed_HTF_Signal indicators on one chart, each indicator should have its own Symbols_Sirname (indicator label name) string variable value.

Place the Heiken_Ashi_Smoothed indicator compiled file into terminal_data_folder\MQL5\Indicators.

The indicator uses the SmoothAlgorithms.mqh library class (must be copied to terminal_data_folder\MQL5\Include). The use of these classes is described in detail in the article " Averaging price series for intermediate calculations without using additional buffers ".

Attachment download

📎 heiken_ashi_smoothed.mq5 (7.02 KB)

📎 heiken_ashi_smoothed_htf_signal.mq5 (12.24 KB)

📎 smoothalgorithms.mqh (133.8 KB)

Source: MQL5 #701