4 TF Heiken Ashi Arrows is a modified author's indicator (we say “thank you, Mobidik”) based on the well-known indicator Heiken Ashi. 4 TF Heiken Ashi Arrows analyzes the 4 time frame (including the current TF) and generates a signal in the form of an arrow Buy or Sell. The indicator is equipped, already familiar to us, by the notification system: alert, a sound signal and an alert on an e-mail.
Characteristics of 4 TF Heiken Ashi Arrows
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Platform: Metatrader4
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Currency pairs: Any, recommended major
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Trading Time: Around the clock
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Time Frame: Any, recommended H1 and higher
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Recommended broker: InstaForex, XM, RoboForex
Rules of trade by the 4 TF Heiken Ashi Arrows
BUY – blue arrow:
SELL – red arrow:
Stop Loss is set at the nearest local minimum / maximum.
Take Profit is selected experimentally for each TF and currency pair.
Incidentally, the indicator can be used in binary options trading, for example, on M5 with the expiry of 15 minutes:
Do not use the indicator 4 TF Heiken Ashi Arrows alone, be sure to use additional filters.
In the archive 4TF_Heiken_Ashi_Arrows.rar:
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4 TF Heiken Ashi Arrows.ex4
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4 TF Heiken Ashi Arrows.mq4
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4 TF Heiken Ashi Arrows temp.tpl
