To display the Heikin Ashi candle direction on your normal chart, using this script is better than switching between layouts. It includes different display modes so that you can use it alongside other indicators without clashing visually (bar colour/plotted shapes/shapes on flip only), and alerts on changes in direction. Many scripts include some or other of these...
My own implantation of Heikin Ashi which i call HAT.
The Heikin Ashi Trend Indicator (HAT) used to determine the price direction of an asset, as well as draw attention to when the price direction is changing.
The HAT indicator translates the current close/open/high/low into Heikin Ashi and smooths them a bit using Tilson T3 formula.
Buy signal when Heikin Ashi...
Using this script you can create alerts for my Heikin-Ashi PSAR Strategy:
When creating alerts use "Once Per Bar Close" in parameters.
Please remember that past performance may not be indicative of future results.
Due to various factors,...
Continue experimenting with different combinations of strategies.
Here is the PSAR Strategy calculated based on HA candles. HA is already calculated inside the script, do not apply it to HA candles.
Strategy is calculated based on 25% equity invested with 0.1% commission.
Please remember that past performance may not be...
First I would like to thank to @JustUncleL since this strategy started from one of his scalper strategies
This strategy can be adapted to all time charts .
First it has the session where we want to trade, for this example I choosed the EURUSD so I only take in consideration london/neywork session.
Its made from 3 EMA :
It has has the...
What is this? : This script prints simple Heikin Ashi candles
Why this script? : This script has a specific visual trait, that makes it looks like a clean black line on the 1min timeframe when completely zoomed out. Because of this the chart looks clear instead of messy, even on max field of view....
Here are two moving averages, one based on positive candles and the other based on negative candles. If the current bar is positive, the negative MA will use its last known negative bar for the calculation. The default setting uses Heikin Ashi to smooth the candles with the trend, you can turn this off if you want in inputs.
Let me know if you find it useful :)
This off-chart indicator provides three basic and useful tools for trend trading in Bitcoin and probably other markets. Heikin Ashi candles being utilized with classic candle patterns at the same time could be considered as a conservative and safe confirmation approach for entring your position.
This on-chart indicator provides three basic and useful tools for trend trading in Bitcoin and probably other markets. Moving and Bollinger lines act as strong support and resistance in 4H resolution. Heikin Ashi candles being utilized with classic candle patterns at the same time could be considered as a conservative and safe confirmation approach for entring...
This heatmap chart is created base on Heikin Ashi trend for Malaysia Major Index
This allow compare to malaysia stock for macro trending.
Lastly ,thank to LonesomeTheBlue which inspire me for this coding .
Custom source function for toggling traditional Candle sources or Heikin-Ashi sources on a traditional Candles chart.
Thanks to PineCoders for rounding method: www.pinecoders.com
Thanks to @LucF and @RicardoSantos for their advice and enlightenment as always.
NOTICE: This is an example script and not meant to be used...
Ever wanted to know what Heikin-Ashi candles are showing for multiple time frames at a glance? Adjustable time frame for each row. Arrows show when each column is either all green (white up arrow) or all red (yellow down arrow).
This is non-repaiting Supertrend Multi Time Frame script, uses Heikin Ashi Candles as source on normal chart
There is an option for Higher Time Frame. if you choose "Auto" then Higher Time Frame calculation is made by the script. If you choose "User Defined" option and then you can select Time Frame.
You better use this script with other indicators such as RSI,...
A problem with Heikin Ashi is that while it gives you a great overview of overall direction, it is rarely possible to use it as a replacement for normal japanese
candlesticks. The reason for this is that actual price data is lost, since the candles are more akin to a moving average than a different way to see price action. Also, with Heikin Ashi, most of the...
Trendy Bar Trend Color
Inspired by trend candlestick charts on other trading platforms. Changes bar colors to stay in trend much like Heikin Ashi candles without the ATR price distortion. This is done by comparing the HL2 and/or Open-Close values of current candlestick to the prior candlestick.
Heiken Ashi Triangles at the Top and Bottom of Screen
The image below shows the comparison to actual Heiken Ashi candles
(Though changing from candles to Heiken Ashi tends to smooth the triangles a little)
Much confusion exists in the TradingView community about backtesting on non-standard charts. This script tries to shed some light on the subject in the hope that traders make better use of those chart types.
Non-standard charts are:
Heikin Ashi (HA)
Point & Figure
These chart types are called non-standard because they all transform market...