The trading traders in the market are the buyers, fighting to boost prices, & the sellers, fighting to lower prices. In this state, counting on which aspect points off, at the final of the market time frame the price would likely final higher of lower compared with price of the last time frame. Mtf Heiken Ashi is another trend indicator which tells what kind of trend is dominant and how strong the trend is. Mtf Heiken Ashi is developed to keep stop loss level moving adjusting to new prices and thus locking profits on its way. If the set is too low, Mtf Heiken Ashi becomes more sensitive and will flip back and forth more often, with higher set Mtf Heiken Ashi will become smoother.
Download :
Heiken_Ashi_Smoothed.mq4
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