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I'm not the autor of this script. The original ZoneTrade script http://codebase.mql4.com/4797 is developed by the Duke3D. The Heiken Ashi version of the ZoneTrade script is developed by the brother3th. Thanks to the autors of their work.

Description: This script is based on this trading approach that integrates Acceleration/Deceleration Technical Indicator (AC) and Awesome Oscillator (AO) into the Heiken Ashi candlestick chart. In this way it is a lot easier to trade in the zone - the 4th dimension described by the Bill Williams in his book: New Trading Dimensions: How to Profit from Chaos in Stocks, Bonds, and Commodities (A Marketplace Book)

Indicator Heiken_Ashi_Ma_T3.

Parameters:

extern int MaPeriod=10;extern int MaMetod =2;

extern int Step=10;

extern int CountBars=4000;

Indicators MTF Heiken_Ashi and MTF Heiken_Ashi_[sw]. Work with indicator Heiken Ashi.

Indicator MTF Heiken_Ashi

Indicator MTF Heiken_Ashi_[sw]

Modified Heiken Ashi

Heiken_Ashi_Ma 20 indicator.

Heiken Ashi Smoothed indicator.

Custom Indicator as Candlesticks Example. For Heiken Ashi we recommend next chart settings ( press F8 or select on menu ’Charts’->’Properties…’):

1. On ’Color’ Tab select ’Black’ for ’Line Graph’.

Author:

Joe Chalhoub

Description:

This FX custom indicator is very easy to set, it does not predict or forecast future trend movement it allows traders to take the maximum profit from a long or short trade. To install this indicator open the H5 period and insert it. It uses the 5 minutes period for entry points.

At the first attempt to author I used the heiken Smoothed as primary signal indicator to be followed by the JAW line of the Alligator indicator. The results could be made efficient with adding maybe the Alligator indicator lines as filter to possibly clean the Heiken Smoothed changes at times when market goes sideways. Also it needs a mm that does change the position if direction changes and closes all open positions of the opponent signal.