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Heiken Ashi CE Filtered MT5

Heiken Ashi CE Filtered is an indicator that generates trading signals based on Heiken Ashi candlesticks with additional filtering.

For filtration is used:

  • Chandelier Exits, based on ATR changes, to determine the direction of the trade. You can download this indicator here: Chandelier Exits
  • Zero Lags SMA, based on linear regression, for additional trend confirmation.  You can download this indicator here: Zero Lags SMA

Main Functions:
  • Buy/Sell Signals: the indicator generates entry and exit points using a complex combination of ATR (Average True Range) with a ZLSMA filter.
  • ZLSMA filter: the inbuilt ZLSMA (Least Squares Moving Average) filter provides smooth trend detection and eliminates noise, giving you a clear view of the market direction.
  • ATR-based Chandelier Exits: developed using advanced ATR calculations, the indicator automatically calculates support and resistance levels, providing effective stop loss suggestions to optimise trade management.
  • Easy chart visualisation: the indicator builds buy and sell signals directly on the chart with clear visual cues, and you can hide the original price candles to get a clearer view of the Heiken Ashi trend.
Input Parameters:

Chandelier Exits
  • ATR Period
  • ATR Multiplier
  • Use Close Price for Extremums
ZLSMA
  • Filter Length
  • Filter Source
Visual
  • Hide Original Bars

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If you liked the indicator, I will be glad to have a positive review. If you find any problems with the indicator, please contact me.



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Trend Levels Indicator Elevate your trading strategy with the Trend Levels Indicator , a sophisticated tool designed to detect market trends and highlight critical price levels. This cutting-edge indicator is packed with features to simplify trend analysis and empower your decision-making process. Key Features: Dynamic Trend Levels : Accurately plots high, mid, and low levels based on market dynamics. Custom Alerts & Notifications : Get real-time alerts and notifications when trends change, ensu
MACD ADX Oscillator – a powerful indicator that combines the best of the Moving Average Convergence Divergence (MACD) and the Average Directional Index (ADX) to provide unparalleled insights into market momentum and trend strength. Key Features: Dual Momentum Analysis: This indicator merges MACD's ability to detect changes in market momentum with ADX's strength measurement, giving you a comprehensive view of the market's direction and power. Customizable Settings: Tailor the indicator to your t
Percentage Price Oscillator (PPO) for MT5 – a dynamic tool designed to measure price momentum and trend direction with precision. Core Features: Flexible Configuration : Customize the PPO to match your trading approach by adjusting the Fast Length, Slow Length, and Signal Length. The indicator is also versatile enough to adapt to any market condition with various source inputs. Intuitive Histogram Display : Choose to visualize the difference between the PPO and Signal lines with a histogram, pro
Chandelier Exit for MT5 The Chandelier Exit indicator is designed to dynamically set stop-loss levels based on market volatility, measured through the Average True Range (ATR). Key Features: ATR-Based Stops : The indicator calculates stop-loss levels for long and short positions using a moving average of the True Range (ATR), adapting to market volatility changes. Customizable Parameters : Users can set the ATR period, ATR multiplier, and choose whether to use the closing price to determine pric
Triple EMA Trend Following + Signals indicator is a tool for traders who are looking for accurate trend identification and buy/sell signals! Key Features: Triple EMA Trend Analysis: This indicator uses two Triple Exponential Moving Averages (TEMA1 and TEMA2) to capture short-term and long-term trends effectively. TEMA1 reacts to rapid price changes, while TEMA2 filters out market noise, helping you stay on the right side of the trend. RSI and ATR Filters: It incorporates the RSI (Relative Streng
Trend Lines Supports and Resistances is an indicator that analyses the market structure, identifies Pivot Points, displays active Support/Resistance zones and trend levels. Main Features: Defining and displaying Pivot Points. Analyse Pivot Points to build and display trend lines. Setting up visual display of trend lines. Setting up trend lines broken notifications. Analyse Pivot Points to define and display support and resistance levels. Setting up visual display of support and resistance leve
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