Heiken Ashi DS AwP MTF TT trading indicator
Heiken Ashi DS AwP MTF TT trading indicator - is a modification of the popular indicator Heiken Ashiperformed by a well-known forum trader forexsystemsru.com Tankk, the author of many profitable technical indicators.
The Heiken Ashi DS AwP MTF TT indicator displays the following on the chart:
- yellow line - price (3 calculations);
- horizontal line of arrows - pivot level of the higher timeframe.
The indicator signals are interpreted as follows:
- if the price closed above the pivot level - green arrows cubes;
- If the price closed below - the arrow cubes are red.
Heiken Ashi DS AwP MTF TT trading indicatorBy averaging the Open/Close prices of the current and previous candles, it is very easy to visually determine the direction of the trend. And the realized in the indicator MTF mode, double smoothing and additional prices greatly increase its efficiency compared to the original.
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