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Heiken Ashi MTF v2

Heiken Ashi MTF v2 indicator is making use of our other Heiken Ashi indicator to display a Heiken Ashi bar indicator capable of changing color based on a higher timeframe.
A common use for this Heiken Ashi Metatrader indicator is to detect the trend on higher timeframes in order to determine whether to sell or to buy on the current timeframe. It is a well known forex trading strategy when following the trend. In the example above, the trader could decide to buy when the Heiken Ashi bar is blue color, and sell when it is red.
You can download this Metatrader indicator free from here.
!!! This indicator needs the Heiken Ashi Alerts Bar v2 to function.

Heiken Ashi Alerts Bar v2

The Heiken Ashi Alerts Bar v2 Metatrader indicator displays a Heiken Ashi bar at the bottom of the forex trading chart. The indicator is meant to be used by traders who would like to take advantage of the Heiken Ashi indicator, while still monitoring the normal candlesticks for potential entries or exits.
Additionally, this Metatrader Heiken Ashi indicator can alert the trader, if set to do so, whenever the Heiken Ashi color will change.
You can download this Metatrader indicator free from here.