Haikin Ashi

Haikin Ashi is the well-known mathematical price transformation defining the ascending and descending intervals of any financial market and any timeframe. This is the optimized version for MT5. The indicator can be used for a more suggestive price evolution in manual trading, or can be automated to generate entry or exit trading signals. In combination with the Cyclicality indicators, Haikin Ashi indicator can deliver a good positive trading expectancy especially in higher timeframes.

Version: 1.55
Last update:

The efficiency of the Haikin Ashi indicator was proved during the time, having a very precise evolution, especially when it is used in the long-time intervals (H1, H4, D1, W1) for every market. For the small timeframes (M1, M5, M15, M30, H1), the Haikin Ashi is a very good filter for many other well-known indicators like RSI, CCI, MACD etc. The indicator is also the base for other stable advanced indicators presented on this site. The Haikin Ashi indicator is an important part of the automated trading algorithms included in successful expert advisors like Dow Jones Predictor, Dow Jones Trader, Gold Predictor, or Gold Trader.