Heikin Ashi Candles - with real closing price!, and with a Heikin Ashi based moving average!
One of the main functionality of Heikin Ashi is to provide a smoothed price to get clarity in trends. This script builds upon the Heikin Ashi Candlestick I published in 2020 that took the standard Heikin Ashi calculations and added the actual closing price.
This overlay study can be used with an Heikin-Ashi chart and diplays the real prices for Heikin-Ashi candles as circles for each bar. If the real closing price of the bar is higher then the opening price, the circle has a green color, otherwise it is red.
Here you can see the overlay : COINBASE:BTCUSD
The follwing moving averages are added to the chart as...
Heikin Ashi Candles - Actual Close is a simple script that instead of displaying Heikin Ashi Close it displays the actual close.
This script is a handy tool for anyone that wants to use Heikin Ashi candles that displays the real close. The coloring of the candles is still based on the Heikin Ashi calculations.