Heikin Ashi Line

Heikin Ashi Line is a very accurate trend line indicator predicting the next price movement of any market in any timeframe. The Heikin Ashi Line shows clearly the ascending and descending intervals and, most important, comparatively with other signal lines from the market, the Heikin Ashi Line signal arrives much earlier giving us a better profit expectancy. Heikin Ashi Line can be used to generate automated entry and exit signals using specific optimal period for each market and timeframe.

Version: 1.55
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The efficiency of the Heikin Ashi Line indicator was proved during the time, having a very precise evolution, especially in the long-time intervals (H1, H4, D1, W1) for every market. For the small timeframes (M1, M5, M15, M30), the Heikin Ashi Line is a very good filter of false signals of many other known indicators like RSI, CCI, MACD etc. The indicator can be successfully used for manual trading or can be automated by importing the specific data series. The Heikin Ashi Line is an important part of the algorithms included in successful expert advisors like Dow Jones Predictor, Dow Jones Trader.