How do I install this Indicator on MetaTrader 5?

Download the file, open MetaTrader 5 -> File -> Open Data Folder, copy the file to the correct folder (Experts / Indicators / Scripts / Libraries), then restart the terminal.

How do I activate / load this Indicator?

Drag the Indicator from the Navigator onto your chart and adjust the input parameters as needed.

Is this compatible with MetaTrader 5?

Yes, this Indicator is built specifically for MetaTrader 5.

Is this Indicator safe to use with real money?

All tools are provided for educational and testing purposes. We strongly recommend testing on a demo account first. Trading involves significant risk of loss.

Can I use this Indicator on multiple charts?

Yes, you can apply multiple indicators on the same chart.

Can I customize the settings of this Indicator?

Yes. Right-click on the chart and select properties to open and adjust parameters.

Free Heiken Ashi Smoothed HTF Signal Indicator for MetaTrader 5

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Heiken Ashi Smoothed HTF Signal

Info

The Heiken Ashi Smoothed HTF Signal is a Indicator for MetaTrader 5 that heiken ashi smoothed htf signal displays trend directions from the last bars of the heiken ashi smoothed indicator as a sequence of graphical objects colored according to a trend direction. The number of bars to be used is set in the input parameters.

Usage

This tool is typically used for enhancing chart analysis and decision making.

Platform

This Indicator works exclusively on MetaTrader 5 (both build 600+ and newer versions).

Setup

Place the downloaded file in MQL5/Indicators folder via File ? Open Data Folder in MetaTrader 5.

How to Install and Use Heiken Ashi Smoothed HTF Signal

1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.

2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.

3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.

4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.

Frequently Asked Questions

Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."

Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).

Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.

What this tool does

Heiken Ashi Smoothed HTF Signal displays trend directions from the last bars of the Heiken Ashi Smoothed indicator as a sequence of graphical objects colored according to a trend direction.

Typical Use Case

This Indicator excels in automated trading and technical analysis on MetaTrader 5.

Compatible Platform & Setup

This Indicator works on MetaTrader 5. Place the file in the MQL5/Indicators folder and restart the terminal.

Description & Settings

Related: SHK Heikin Ashi MACD Signal Arrows for MT5 - another powerful indicator for MetaTrader 5 traders.

Heiken Ashi Smoothed HTF Signal displays trend directions from the last bars of the Heiken Ashi Smoothed indicator as a sequence of graphical objects colored according to a trend direction. The number of bars to be used is set in the input parameters. Red color shows a descending trend, while lime color signals an ascending one.

Also recommended: heiken ashi as series - similar indicator with strong performance on MetaTrader 5.

Indicator input parameters:
A timeframe and a name of a financial asset used for the indicator calculation can be changed by the indicator's appropriate input parameters. If the symbol (financial asset) input parameter is empty, the current chart symbol shall be used as a financial asset.
All input parameters can be divided into two large groups:

Heiken Ashi Smoothed indicator input parameters:

Heiken Ashi Smoothed HTF Signal indicator input parameters that are necessary for the indicator visualization:
In case several Heiken Ashi Smoothed HTF Signal indicators are to be used on one chart, each of them should have its own symbols_sirname (indicators labels names) string variable value.
Place the Heiken Ashi Smoothed indicator compiled file to the terminal_data_folder\mql5\indicators.
The indicators use SmoothAlgorithms.mqh library classes (must be copied to the terminal_data_folder\mql5\include). The use of the classes was thoroughly described in an article in 2026.

You may also like: ex machina heikin ashi enhanced v3.0 - excellent alternative for indicator users on MetaTrader 5.

Source Code

#property copyright "robotfx"
#property link "https://robotfx.org"
#property version   "1.00"
#property indicator_chart_window 
#property indicator_buffers 1
#property indicator_plots   1
#define reset  0 // the constant for getting the command for the indicator recalculation back to the terminal
#include <smoothalgorithms.mqh> 
enum applied_price_      // type of constant
  {

.......

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⚠ Limitations & Risk Warning

This tool is provided for educational and testing purposes only.
Past performance does not guarantee future results.
Trading involves substantial risk of loss. Use on a demo account first.
Results may vary depending on market conditions, broker, and settings.
We recommend thorough backtesting and forward testing before using with real funds.