ThreeMovingAverages delivers clear trend signals for Heikin Ashi MT5 trading

This ThreeMovingAverages review provides a focused 2026 performance analysis of a straightforward yet flexible indicator designed for MT5. ThreeMovingAverages stands out because it combines three independently adjustable moving averages with Heikin Ashi visualization, which allows traders to cross-reference price smoothing with configurable MA behavior. The developer, Aiman Saeed Salem Dahbag, implemented EMA and SMA options, applied price choices and per-line shift, enabling nuanced timing of entries and exits. The algorithm itself is not a full expert advisor: it is an indicator that highlights trend direction and crossovers, leaving trade execution to the user or an external EA. In practice, ThreeMovingAverages works by identifying trend bias through MA alignment and signaling crossovers when shorter MAs break above or below longer ones, confirmed by Heikin Ashi candle color and body. The indicator performs best in trending markets and can generate false signals in choppy conditions unless filters or multi-timeframe confirmation are applied. Risk management is left to the trader or linked EAs; the tool assumes users will combine signal triggers with stop loss, take profit, or position sizing rules. Expected performance characteristics include consistent detection of trend-following moves, modest trade frequency on higher timeframes, and sensitivity adjustments via period and shift settings. Overall, ThreeMovingAverages is a transparent, low-overhead tool that complements systematic MT5 setups and manual Heikin Ashi strategies.