Disliked{quote} {quote} {quote} The indicator is an EMA dressed up in Histogram. This can be proven without looking at the code. The default period is 20 and if a stock MT4 20 EMA is placed on the chart and toggled between High, Low and Close it will overlay aligned on the indicator. double maOpen = iMA(NULL,0,MaPeriod,0,MODE_EMA,PRICE_OPEN, pos); double maClose = iMA(NULL,0,MaPeriod,0,MODE_EMA,PRICE_CLOSE,pos); double maLow = iMA(NULL,0,MaPeriod,0,MODE_EMA,PRICE_LOW, pos); double maHigh = iMA(NULL,0,MaPeriod,0,MODE_EMA,PRICE_HIGH, pos); buf4[pos] = iMA(NULL,0,MaPeriod,0,MODE_EMA,PRICE_HIGH,...Ignored
Any how there are plenty of HA (Heikin Ashi) variations including HA of MAs (HAMA) and HA of every thing and so on a long list coded by Mladen,i think it used for smoothing the values of the main indicator (any indicator) for to possibly avoid some false signals
1