MT4 indicator (HeikenAshiZoneTrade.mq4)
How to use Heiken Ashi ZoneTrade indicator
This is a new interesting version of Heiken Ashi indicator, which integrates Acceleration/Deceleration Oscillator (AC) and Awesome Oscillator (AO).
Initially the combination of AC and AO indicators was made to detect favorable trading Zones, where a trader could trade with more confidence and place multiple trades. The method of Zone trading has been introduced by Bill Williams. More on Zone Trading...
Let's compare regular Heiken Ashi and the new version: