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Heiken Ashi w/ Doji Spotter

by Dr.Hamdi Boukamcha
Name:
Heiken Ashi w/ Doji Spotter
Author: MetaQuotes (2011.07.28 15:29)
Downloaded: 6780
Download:
Heiken Ashi w/ Doji Spotter   HeikenAshi_DojiSpotter.mq4 (6.7 Kb) View

Original Author:

MetaQuotes

Modified By:

Tim Welch

Description:

This is the standard Heiken Ashi, but with the option to spot Dojis and color them differently.

Basically, if the body of the candle is less than a certain percentage of the total range for that candle, then it’s a doji. That’s the premise behind this. A Doji for Heiken Ashi is typically almost no body at all, with a long head and tail. I default the value to 10% of the total range, but I personally have been testing with the value at 4%. YMMV.

Options:

Heiken Ashi w/ Doji Spotter

Image:

Heiken Ashi w/ Doji Spotter

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