Heiken Ashi Step indicator.
As you can see, this indicator you can use in different ways :
- like the standard Heiken Ashi candles just set period and step parameters to 1
2. like Heiken Ashi smoothed
3. like analog of renko bars with bricks of defined range and period
Period of moving average and method
Step in pips to calculate Heiken Ashi bars
This indicator can be perfect trend following filter, support resistance indicator, scalping with stop loss levels.