Show Number Consecutive Heiken Ashi Candles – indicator MetaTrader 4
by
Author:
Daniel Frieling
Many consecutive Heiken Ashi candles of the same color often indicate a soon and harsh trend reversal. This indicator shows the number of consecutive same color candles. So you can see overbought and oversold situation at first glance.
Recommendations:
This Indicator depends on a Heiken Ashi Indicator. Use the attached Heiken Ashi Indicator file and you’re fine or install your own and specify its filename in the Indicator’s Settings.
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