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Forex Heiken Ashi Zone Trade Indicator

Forex Heiken Ashi Zone Trade Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. Its name points to Heiken Ashi candles and price zones drawn on the chart. Its source code uses Momentum. It has 5 settings, for example Blue Zone (default RoyalBlue), Red Zone (default Red) and Grey Zone (default Gray). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 1 indicator file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.

Indicator · MT4 · v1.0 · Free

About Forex Heiken Ashi Zone Trade Indicator

Forex Heiken Ashi Zone Trade Indicator is an indicator for MetaTrader 4 based on Momentum. It has 5 settings, such as Blue zone, Red zone and Grey zone. MQL source code included.

Files in the download: HeikenAshiZoneTrade.mq4, installation manual.txt.

Settings

SettingDefaultWhat it does
Blue zoneRoyalBlue???? ???????? ????
Red zoneRed???? ??????? ????
Grey zoneGray???? ????? ????
Body width3?????? ???? ?????
Shadow width1?????? ???? ?????

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the indicator from the Navigator onto a chart and adjust the settings.

Download the PDF guide

Tags: Heiken Ashi · Momentum · MT4 Indicator · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria