Trend Following Indicators, Free Forex Indicators (MT4)
Heiken Ashi Ma T3
By Arun Lama
Updated On
Heiken Ashi Ma T3 is originated from one of the best Forex trend indicators “Heiken Ashi”. The developer aimed to make its effectiveness even better by adding an extra filter named “T3” to confirm the MA crossover signals. A great track record with an exceptionally higher level of winning rates has made this indicator so special to the trend following Forex traders.
Heiken Ashi Ma T3 is usable to trade all Forex currency pairs and also fits great with any timeframe charts available at the MT4 platform. Consistent performance with a simple and easy demonstration of the trade signals can bring an extra advantage to its newbie traders.
Once you are done with the installation of Heiken Ashi Ma T3 at your Forex MT4 terminal, your trading chart will appear like the following image:
Heiken Ashi Ma T3 plots both entry and exit signals in a clear and straightway. The Heiken Ashi bars turn blue and a T3 upward green arrow appears below the respective blue bar signals the buy entry along with the confirmation of a bullish trend.
On the contrary, Heiken Ashi bars turn red with a T3 downward blue arrow confirming the bearish trend including a sell entry signal at the market. A signal with the opposite direction of your running trade should be considered as the exit time.
I have been actively trading the financial markets since April 2012. Besides trading with my personal money I am a technical analyst in a mutual fund that has Rs. 1 billion in assets under management. At my leisure, I love attending live music, traveling, and partying with friends.
I like this indicator and would like a rewritten version after 2014 and try to code it into an ea if possible to get the source code? I have the old code but I suck at mql4, a software do it for me if the language in the indicator is newer than 2014.
Risk Warning: Trading in the forex market is very risky. Thus, it is may not be for everyone. A highly leveraged position can work against the trader when the trade does not work as expected. Trading in the forex market can cause to lose a significant portion of the capital or all of the capital. It is crucial to learn about the trading and gain enough experience in the demo account before trading with real money. The trading strategies published on this website do not guarantee profit as the market is dynamic and unpredictable. The past performance of a strategy is not the indicative of future performance. Trend Following System will not accept any kind of liability or damage caused by trading the strategies published on this website.
I like this indicator and would like a rewritten version after 2014 and try to code it into an ea if possible to get the source code? I have the old code but I suck at mql4, a software do it for me if the language in the indicator is newer than 2014.
I do not have code as well as I am not the original developer of it. By the way can I know the name of that software?
Is there an Mt5 version for this please?