Placing Heiken Ashi Indicators on Bitcoin Charts Using MetaTrader 4 for Better Analysis

This guide will demonstrate the process of applying Heiken Ashi visualizations to a Bitcoin chart utilizing the MetaTrader 4 software. Relevant for Technical analysis: Analysis of All Indicators.

Applying the Heiken Ashi Indicator to a Bitcoin Chart within MetaTrader 4

How to Add Bitcoin Cryptocurrency Indicators to MetaTrader 4 Crypto Currency Charts

Step 1: Open The Platform Navigator Window Panel

Open Navigator window panel like is shown and displayed: Navigate to 'View' menu (click on it) & then select 'Navigator' panel window (click), or From Standard Tool-Bar click 'Navigator' button or press key board short-cut keys 'Ctrl+N'

From the Navigator, select Technical Indicators and double-click.

How to Add Heiken Ashi to MT4 Charts? - Set Heiken Ashi BTCUSD on MT4

Step 2: Expand Trading Indicators Menu on the Navigator

Make the menu bigger by using the plus sign or by clicking the 'indicators' menu twice, and then this same button will change to a minus sign and show a list like the one shown below.

Heiken Ashi Indicator on MT4 List of Crypto Indicators

From the window situated above, you can implement any technical indicator you, as a trader, wish to use on the btcusd crypto chart.

Setting Heiken Ashi on Bitcoin Chart

Initial Step: From the MT4 technical indicator assortment, select the Heiken Ashi option, referencing the illustration below:

Add Heiken Ashi to Crypto Charts on MT4 - Setup Heiken Ashi Indicator for Crypto on MT4

Step 2: Double-click the Heiken Ashi button and click OK to add it to the chart, as shown.

How to Trade Bitcoin with Heiken Ashi Indicator on MT4

Edit Heiken Ashi BTCUSD Indicator Settings

To change settings, right-click on the Heiken Ashi Indicator, pick properties settings, and then change the properties of the indicator using the menu that appears, and then click the okay button after you change the settings.

Editing Heiken Ashi Indicator Settings in MT4 - Setting Heiken Ashi for BTCUSD Chart on MT4

A subsequent window will emerge, allowing alterations and modifications to the indicator's settings via this pop-up interface.

Edit Properties Window for Editing Heiken Ashi Indicator Setting