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    cTrader Heikin-Ashi Indicator

    cTrader Heikin Ashi Indicator

    cTrader Heikin-Ashi Indicator


    Limited Support

    3 review(s) | Add your review
    This version of the Heikin-Ashi indicator for the cTrader platform automatically hides the standard chart type and allows you to choose the bullish and bearish colours. The Heikin Ashi indicator can show trends that are easier to analyze than normal chart types, traders can use it as a signal to keep positions open while a trend continues and to close the position when the trend reverses.
    (OS) Type: Windows & Mac OS Compatible
    Current version: 1.0.0
    Updated: Tuesday, 8 July 2025

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    Educational use only: Read our disclaimer

    £0.00 Excl. VAT.

    Free for personal use under our license agreement. Redistribution & resale are strictly prohibited.

    cTrader Software

    The trial version includes full functionality for 14 days.
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    The Heikin Ashi is a type of charting candlestick that originated in Japan in the 18th century by Munehisa Homma who was a rice trader, it is similar to other candlestick charts in that the colour of the candlestick indicates the direction the price is moving. It is very similar to a standard bar chart where each candlestick describes 4 important bits of information for the day which are open & close of the body thickness and high & low of the candlestick wicks. 

     

    cTrader Heikin-Ashi Candlestick Indicator

     

    Formula

    • Low = minimum of low, the Heiken-Ashi Open, or the Close 
    • Open = (Open of previous Haiken-Ashi + Close of previous Heiken-Ashi) / 2
    • Close = (open + real high + low + close) / 4
    • High = maximum of the high, the Heiken-Ashi Open, or the Close

     

    How Is This Indicator Different?

    This version of the Heikin-Ashi indicator differs from what is already available on the internet where the existing type of chart view is automatically hidden so you only see the Heikin-Ashi bars, also, you can select any colour for the bars.

     

    Learn How to Trade Candlestick Patterns

    If you would like to find out more about candlestick pattern trading then visit our Online Trading Academy.

     

    Video Overview

    This is a quick video to help you see what the indicators look like before you download and install them.

    * Video length: 4-minutes

     

    cTrader Heikin-Ashi Indicator Video

     

    How To Install

    First, make sure you have the cTrader trading platform installed and then simply unzip the file and double-click on it to automatically install onto the platform.

     

    Join Telegram Community

    You can join a Telegram community and chat with other traders to discuss, share and ask for help.

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    Disclaimer

    The charting indicators and cBots available on this site are designed for the cTrader Desktop platform. cTrader is a registered trademark of Spotware Systems Ltd. NinjaTrader® is a registered trademark of NinjaTrader Group, LLC. No company within the NinjaTrader Group has any affiliation with the owner, developer, or provider of the products and services described on this site. Furthermore, NinjaTrader Group, LLC does not have any ownership, interest, endorsement, recommendation, or approval of these products or services. This website, along with all products and services provided by ClickAlgo, is intended for informational and educational purposes only. All content is hypothetical, carefully selected after the fact to demonstrate our products, and should not be interpreted as financial advice.


    Risk Warning

    Trading futures and forex involves significant risk and is not suitable for all investors. A trader may lose all or more than their initial investment. Historical performance is not necessarily indicative of future results. Approximately 74-89% of retail investor accounts lose money when trading CFDs. Only risk capital—money that can be lost without affecting one's financial security or lifestyle—should be used for trading. Investors should carefully assess whether they have sufficient risk capital before engaging in trading activities.


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