There are many variations of Heiken Ashi indicator. The main advantage of it is no noises in trend displaying. But there is a significant defect – delayed signal (usually by several bars). Change of a trend is duplicated with a green (buy) and purple (sell) dots. Indicator is good at trending market, so for creation of trade strategy confirming filter is required.
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Heiken Ashi MA T3 New v27 DT – version of well-known indicator
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