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Heiken Ashi Smoothwave (MT5) — review, price and free alternatives
MT5 indicatorfree on MQL5by Alexandre Vincent Traber
Heiken Ashi Smoothwave is a free MetaTrader 5 indicator by Alexandre Vincent Traber on the MQL5 Market — download it there; we host no third-party files. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you use it.
Heiken Ashi Smoothwave — key facts
- Platform
- MetaTrader 5 (MT5)
- Product type
- Indicator
- Developer
- Alexandre Vincent Traber
- Price
- Free
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Heiken Ashi Smoothwave on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
Overview Heiken Ashi Smoothwave transforms your chart into smoothed Heiken Ashi candles directly on the main chart window, replacing standard candles for a cleaner trend view.
Before you use Heiken Ashi Smoothwave
What the developer claims
- Restores standard candles automatically when the indicator.
Quoted from the listing. We have not tested these claims.
What to check first
- Where you download it. Only from its MQL5 page — copies passed around elsewhere can be altered.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on Heiken Ashi Smoothwave
Compiled from its public MQL5 listing. FxRobotEasy has not traded Heiken Ashi Smoothwave; what these notes say about how it works comes from that listing.
Overview
This comprehensive 2026 Heiken Ashi Smoothwave review examines real performance and trading analysis to help you make informed decisions. Heiken Ashi Smoothwave by Alexandre Vincent Traber represents a comprehensive automated trading solution for MT5 traders. What sets Heiken Ashi Smoothwave apart is its balanced approach to trade execution and capital preservation.
Risk notes
Heiken Ashi Smoothwave implements a moderate risk profile with configurable parameters for different trading styles. The system uses stop losses on all positions and employs dynamic position sizing based on account equity. Recommended minimum account size ensures proper risk distribution.
Listed strengths
- MT5 platform compatibility
- Developed by experienced Alexandre Vincent Traber
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing Heiken Ashi Smoothwave on MT5 requires copying the EA file to your platform's Experts directory. After restart, attach to appropriate charts and configure risk parameters. Always backtest with historical data before live deployment.
Free to try · from FxRobotEasy
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- Get the installer on a Windows PCNo sign-up to download. On a phone, send yourself the link.
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The team's notes, every day
- What we ship, what breaks and how we fix it
- Trendopedia AI in our bot — set up from your phone, run it on a Windows PC
- Questions answered in the bot
Heiken Ashi Smoothwave or Trendopedia AI?
| Heiken Ashi Smoothwave | Trendopedia AI | |
|---|---|---|
| How you get it | Free on MQL5 | Free installer; runs on a demo account first |
| Platform | MT5 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Alexandre Vincent Traber | FxRobotEasy |
Heiken Ashi Smoothwave — questions
What is Heiken Ashi Smoothwave?
Heiken Ashi Smoothwave is a MetaTrader 5 indicator published on the MQL5 Market by Alexandre Vincent Traber, and it is listed at no charge. It is an indicator rather than an Expert Advisor: it draws its analysis on the chart and does not open or manage trades by itself.
Does Heiken Ashi Smoothwave work on MT4 or MT5?
Heiken Ashi Smoothwave runs on MetaTrader 5, not MetaTrader 4. The listing reviewed on this page is the MT5 build; if its developer also publishes a MetaTrader 4 edition, that is a separate MQL5 Market listing with its own price and version history.
Is Heiken Ashi Smoothwave free to download?
Yes -- Heiken Ashi Smoothwave is listed on the MQL5 Market at no charge, as recorded when its listing was last checked on 2026-07-19. The file is downloaded from the developer's (Alexandre Vincent Traber) product page on mql5.com and installed into MetaTrader 5.
Is there a verified track record for Heiken Ashi Smoothwave?
FxRobotEasy has not traded Heiken Ashi Smoothwave on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for Heiken Ashi Smoothwave elsewhere comes from its developer or from a third party.
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Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.