Filtering Heiken-Ashi Volatility Alerts by Trading Session

Summary

This indicator description explains how a Heiken-Ashi smoothed volatility-step histogram can highlight a chosen trading session. Users set session start and end times and a trigger level. Bars outside the session appear pale gray; within it, bars above the trigger are yellow and those below it are steel gray. Alerts, push notifications, and emails are restricted to the marked session.

The document is primarily an operating description rather than a tested trading strategy. It identifies a dependency on a smoothing library for MetaTrader 5, but gives no formula for the underlying volatility-step calculation, no method for selecting the trigger level, and no performance results. Session filtering can make alerts more relevant to a trader's schedule, but the description does not establish that the highlighted bars predict profitable trades or explain how to manage positions and risk.

Key ideas

• The indicator marks a configurable time window with distinct histogram colors.
• A trigger level separates stronger in-session bars from weaker ones.
• Alerts and notifications are sent only during the selected session.
• The description provides no performance evidence or guidance for setting the trigger.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.