Heiken Ashi Smoothed Indicator for MT5 — a smoothed trend indicator without market noise

What is the Heiken Ashi Smoothed Indicator?

Heiken Ashi Smoothed Indicator for MetaTrader 5 (MT5) is a trend indicator that displays market direction using smoothed bullish and bearish bars.

Unlike classic Japanese candlesticks, it:

• filters out market noise

• smooths price fluctuations

• makes trend identification visually easier

• helps avoid premature entries

Important: the indicator does not generate direct BUY or SELL signals. It only shows the current trend direction through changes in bar color.

How is it different from classic Heiken Ashi?

Standard Heiken Ashi already smooths price action, but Heiken Ashi Smoothed goes further.

It uses:

• additional moving averages

• a double-smoothing algorithm

• an improved bar calculation formula

Because of this, the chart becomes “cleaner,” and color changes happen only when there is a more stable change in market structure.

How does the indicator work in MT5?

The indicator builds two types of bars:

🟢 Green — uptrend
🟠 Orange — downtrend

When the color changes, it means market momentum is changing.

However, it is important to understand:

• this is not a trading signal

• this is not an entry point

• this is not a reversal guarantee

It is a visual trend filter that helps traders make decisions within the context of the overall market structure.

What is Heiken Ashi Smoothed used for?

The indicator is most often used for:

• confirming trend direction

• filtering out false entries

• managing open positions

• holding trades until the color changes

• visual analysis of market structure

It is especially useful for traders who follow trends and want to remove the chaos of standard candlesticks.

How to use Heiken Ashi Smoothed in trading?

Option 1: Direction filter

• If the bars are green — look only for buy trades.

• If the bars are orange — consider only sell trades.

Option 2: Position management

A trader may hold a position as long as the color does not change.

Option 3: Strategy confirmation

Used together with:

• ATR

• Volume

• Price Action

• support and resistance levels

Indicator settings

Smoothing Period

The period of the first moving average.
Higher values → less noise, but a slower reaction.

Smoothing Method

The smoothing method (SMA, EMA, and others).
EMA makes the indicator more sensitive.

Step Size

Adjusts the sensitivity of bar changes.

Use Better Formula

An option to use an improved calculation algorithm.
It is recommended to keep it enabled for more accurate filtering.

Advantages of Heiken Ashi Smoothed for MT5

✔ Clearly shows trend direction
✔ Removes minor market fluctuations
✔ Suitable for H1, H4, D1
✔ Easy to use
✔ Free and available

Who is this indicator suitable for?

Heiken Ashi Smoothed is most commonly used by:

• trend traders

• swing traders

• position traders

• MT5 users

• algorithmic traders

It is less effective in sideways markets and on ultra-short timeframes without additional filters.

Conclusion

Heiken Ashi Smoothed Indicator for MT5 is a visual trend analysis tool that helps traders:

• see market structure

• ignore market noise

• hold trend positions

• filter trading decisions

The indicator is not a standalone trading system, but it can become an effective part of a broader strategy.

Download Heiken Ashi Smoothed Indicator for MT5