Heiken Ashi MA T3 Metatrader 4 Forex Signals Indicator

The Heiken Ashi MA T3 forex indicator for MT4 is a popular trend-following buy and sell signals indicator that works for any pair.

This indicator is very easy to use and trade logic goes as follows:

A buy signal occurs when the Heiken Ashi MA T3 indicator paints a green dot below the candlestick.
A sell signal occurs when the Heiken Ashi MA T3 indicator paints a pink dot above the candlestick.

The Heiken Ashi MA T3 can be deployed as a stand-alone buy/sell signals system and can be applied to any currency pair and time frame.

Feel free to experiment with the different indicator’s inputs settings to suit your needs and preferences.

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Example Chart

The GBP/USD 1-Hour chart below displays the Heiken Ashi MA T3 Metatrader 4 forex indicator in action.

Basic Trading Signals

Signals from the Heiken Ashi MA T3 MT4 forex indicator are easy to interpret and goes as follows:

Buy Signal: Buy the forex pair when the Heiken Ashi MA T3 indicator paints a green dot below the candlestick. The trend is now upward.

Place a stop loss below support or use your own preferred SL method.

Sell Signal: Sell the forex pair when the Heiken Ashi MA T3 indicator paints a pink dot above the candlestick. The trend is now downward.

Place a stop loss above resistance or use your own preferred SL method.

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MT4 Indicator Characteristics

Currency pairs: Any

Platform: Metatrader 4

Type: chart window indicator

Customization options: Variable (MA period, step, MA method, T3 hot, better formula, T3 original, dot up, dot down) Width & Style.

Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, Daily, Weekly, Monthly

Type: trend signal

Installation

Copy and paste the heiken-ashi-ma-t3-new-indicator.ex4 indicator into the MQL4 indicators folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Indicators (paste here)