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Heiken

NSDT HAMA CandlesHAMA (Heiken-Ashi Moving Average) Candles are built using different moving average lengths for the open, high, low, and close. Those levels are then run through the Heiken-Ashi Candle formula to create a new hybrid candle on the chart. There is an additional Moving Average plotted as well for overall direction. This may be used best for identifying trending markets. By referencing the HAMA Candle indicator, it may help guide you to stay in a trade a bit longer, or wait a bit longer before entering at the beginning of a potential trend. We added a Gradient Color scheme option for a more colorful view of potential trend directional changes. The gradient code is taken from the Pinecoders Gradient Framework (Pro Advance/Decline Gradient example) at There are three different Moving Average types to choose from. (EMA, SMA, WMA). All MA lengths can be modified. All colors can be modified. All options can be turned on or off. This was previously an "invite-only" indicator, but we decided to publish it publicly and open source.
Pine Script™ indicator
by NorthStarDayTrading
45
Indicator Functions with Factor and HeikinAshiHello all, This indicator returns below selected indicators values with entered parameters. Also you can add factorization, functions candles, function HeikinAshi and more to the plot. VERSION: Version 1: returns series only source and Length with already defined default values Version 2: returns series with source, Length, p1 and p2 parameters according to the indicator definition (ex: ) PARAMETERS p1 p2 for defining multi arguments (See indicators list) indicator input value usable with verison=V2 selected.. ex: for alma( src , len ,offset=0.85,sigma=6), set source=source, len=length, p1=0.85 an p2=6 FACTOR: Add double triple, Quadruple factors to selected indicator (like converting EMA to 2-DEMA, 3-TEMA, 4-QEMA...) 1-Original 2-Double 3-Triple 4-Quadruple LOG Log: Use log, log10 on function entries PLOTTING: PType: Plotting type of the function on the screen Original :use original values Org. Range (-1,1): usable for indicators between range -1 and 1 Stochastic: Convert indicator values by using stochastic calculation between -1 & 1. (use AT/% length to better view) PercentRank: Convert indicator values by using Percent Rank calculation between -1 & 1. (use AT/% length to better view) ST/%: length for plotting Type for stochastic and Percent Rank options Smooth: Use SWMA for smoothing the function DISPLAY TYPES Plot Candles: Display the selected indicator as candle by implementing values Plot Ind: Display result of indicator with selected source HeikinAshi: Display Selected indicator candles with Heikin Ashi calculation INDICATOR LIST: hide = 'DONT DISPLAY', //Dont display & calculate the indicator. (For my framework usage) alma = 'alma( src , len ,offset=0.85,sigma=6)', // Arnaud Legoux Moving Average ama = 'ama( src , len ,fast=14,slow=100)', //Adjusted Moving Average acdst = 'accdist()', // Accumulation/distribution index. cma = 'cma( src , len )', //Corrective Moving average dema = 'dema( src , len )', // Double EMA (Same as EMA with 2 factor) ema = 'ema( src , len )', // Exponential Moving Average gmma = 'gmma( src , len )', //Geometric Mean Moving Average hghst = 'highest( src , len )', //Highest value for a given number of bars back. hl2ma = 'hl2ma( src , len )', //higest lowest moving average hma = 'hma( src , len )', // Hull Moving Average . lgAdt = 'lagAdapt( src , len ,perclen=5,fperc=50)', //Ehler's Adaptive Laguerre filter lgAdV = 'lagAdaptV( src , len ,perclen=5,fperc=50)', //Ehler's Adaptive Laguerre filter variation lguer = 'laguerre( src , len )', //Ehler's Laguerre filter lsrcp = 'lesrcp( src , len )', //lowest exponential esrcpanding moving line lexp = 'lexp( src , len )', //lowest exponential expanding moving line linrg = 'linreg( src , len ,loffset=1)', // Linear regression lowst = 'lowest( src , len )', //Lovest value for a given number of bars back. pcnl = 'percntl( src , len )', //percentile nearest rank. Calculates percentile using method of Nearest Rank. pcnli = 'percntli( src , len )', //percentile linear interpolation. Calculates percentile using method of linear interpolation between the two nearest ranks. rema = 'rema( src , len )', //Range EMA (REMA) rma = 'rma( src , len )', //Moving average used in RSI . It is the exponentially weighted moving average with alpha = 1 / length. sma = 'sma( src , len )', // Smoothed Moving Average smma = 'smma( src , len )', // Smoothed Moving Average supr2 = 'super2( src , len )', //Ehler's super smoother, 2 pole supr3 = 'super3( src , len )', //Ehler's super smoother, 3 pole strnd = 'supertrend( src , len ,period=3)', //Supertrend indicator swma = 'swma( src , len )', //Sine-Weighted Moving Average tema = 'tema( src , len )', // Triple EMA (Same as EMA with 3 factor) tma = 'tma( src , len )', //Triangular Moving Average vida = 'vida( src , len )', // Variable Index Dynamic Average vwma = 'vwma( src , len )', // Volume Weigted Moving Average wma = 'wma( src , len )', //Weigted Moving Average angle = 'angle( src , len )', //angle of the series (Use its Input as another indicator output) atr = 'atr( src , len )', // average true range . RMA of true range. bbr = 'bbr( src , len ,mult=1)', // bollinger %% bbw = 'bbw( src , len ,mult=2)', // Bollinger Bands Width . The Bollinger Band Width is the difference between the upper and the lower Bollinger Bands divided by the middle band. cci = 'cci( src , len )', // commodity channel index cctbb = 'cctbbo( src , len )', // CCT Bollinger Band Oscilator chng = 'change( src , len )', //Difference between current value and previous, source - source. cmo = 'cmo( src , len )', // Chande Momentum Oscillator . Calculates the difference between the sum of recent gains and the sum of recent losses and then divides the result by the sum of all price movement over the same period. cog = 'cog( src , len )', //The cog (center of gravity ) is an indicator based on statistics and the Fibonacci golden ratio. cpcrv = 'copcurve( src , len )', // Coppock Curve. was originally developed by Edwin "Sedge" Coppock (Barron's Magazine, October 1962). corrl = 'correl( src , len )', // Correlation coefficient . Describes the degree to which two series tend to deviate from their ta. sma values. count = 'count( src , len )', //green avg - red avg dev = 'dev( src , len )', //ta.dev() Measure of difference between the series and it's ta. sma fall = 'falling( src , len )', //ta.falling() Test if the `source` series is now falling for `length` bars long. (Use its Input as another indicator output) kcr = 'kcr( src , len ,mult=2)', // Keltner Channels Range kcw = 'kcw( src , len ,mult=2)', //ta.kcw(). Keltner Channels Width. The Keltner Channels Width is the difference between the upper and the lower Keltner Channels divided by the middle channel. macd = 'macd( src , len )', // macd mfi = 'mfi( src , len )', // Money Flow Index nvi = 'nvi()', // Negative Volume Index obv = 'obv()', // On Balance Volume pvi = 'pvi()', // Positive Volume Index pvt = 'pvt()', // Price Volume Trend rise = 'rising( src , len )', //ta.rising() Test if the `source` series is now rising for `length` bars long. (Use its Input as another indicator output) roc = 'roc( src , len )', // Rate of Change rsi = 'rsi( src , len )', // Relative strength Index smosc = 'smi_osc( src , len ,fast=5, slow=34)', //smi Oscillator smsig = 'smi_sig( src , len ,fast=5, slow=34)', //smi Signal stdev = 'stdev( src , len )', //Standart deviation trix = 'trix( src , len )' , //the rate of change of a triple exponentially smoothed moving average . tsi = 'tsi( src , len )', //True Strength Index vari = 'variance( src , len )', //ta.variance(). Variance is the expectation of the squared deviation of a series from its mean (ta. sma ), and it informally measures how far a set of numbers are spread out from their mean. wilpc = 'willprc( src , len )', // Williams %R wad = 'wad()', // Williams Accumulation/Distribution . wvad = 'wvad()' //Williams Variable Accumulation/Distribution I will update the indicator list when I will update the library Thanks to tradingview, @RodrigoKazuma for their open source indicators
Pine Script™ indicator
by dturkuler
1
Smoothed Heiken Ashi - SamXThis is my version of the Smoothed Heiken Ashi indicator. While there are a few versions of these out there (most notably "Modified Smoothed Heiken Ashi" by badshah_e_alam and "Smoothed Heiken Ashi Candles v1" by jackvmk), none matched what I was looking for. 1. All had hard-coded the smoothing to use the EMA calculation - in this indicator, these are user-configurable 2. Both applied the double-smoothing principle (Take a moving-average of price, apply the Heiken Ashi conversion, then apply a second moving average to the smoothed Heiken Ashi candles to calculate new candles). While this is the most common approach, I had a few issues with this: Even if setting both moving average lengths to 1, the indicator did not correctly calculate what should be the actual corresponding Heiken Ashi candle values (as compared to the built-in Heiken Ashi chart on Tradingview) They were inconsistent in operating on different chart types - indicator values for the same candle can differ between using a base Heiken Ashi or Renko chart vs a standard Candle or Bar chart. I wanted the ability to easily enable/disable the second smoothing (which is now a configuration option) I wanted the ability to configure different moving-average calculations for each smoothing iteration (e.g. EMA for the initial smoothing, and Smoothed Moving Average for the second smoothing) 3. Many of the inputs were not clearly or properly defined in the settings window - this script has far more refined user input settings, put in logical groupings, and with relevant help text. 4. Enhanced some visual styling (and added to the Settings) to make it easier for the user to enable/disable printing candle wicks, as well as customizing the bullish / bearish bar colors 5. Added alerts for bar color change to help users catch potential trend reversals Reference paper on the original Smoothed HA formulas: www.researchgate.net Reference on the more common implementation formulas (using double-smoothing): www.sierrachart.com
Pine Script™ indicator
by SamAccountX
32
Multi Time Frame Heiken Ashi Candles by @DaviddTechMulti Time Frame Heiken Ashi Candles Visual Strategy. Inspired by a video on YouTube by TradePro I decided to backtest this strategy. The Strategy : This strategy waits for all the lines to cross green or red to look for a an entry. It seems to give good results on the 15 minute timeframe. 1. The Cloud - Confirmed with no repainting. 2. The Lines may repaint as the price movement changes. Confluence with the RSI STOCHASTIC. If you use the RSI STOCHASTIC you have 2 options. 1. Super Scalper - Where the strategy will enter on every cross <> the two levels. 2. Longer positions - One entry is made where the RSI STOCHASTIC the closest to the GREEN/RED Star. WARNING: - For purpose educate only - Plots EMAs and other values on chart. - This script to change bars colors.
Pine Script™ strategy
by daviddtech
26
MTF Heiken Ashi (No Repaint)Hi there. This indicator is inspired by Heiken Ashi MTF (by @jdmonto0). The problem with that indicator was that it repaints and I tried to solve that. I figured that the reason the other version repaints was because the heiken ashio calculation is based on the close of the candle, and since the higher timeframe candle hasn't closed yet, the value of previous candles on a lower timeframe can change. This version bases the calculation on the previous bar, which solves the repainting problem. Please tell me what you think about it.
Pine Script™ indicator
by Professeur_X
22
Heikin Ashi Candle OverlayHello Friend, This is a very simple script for fun to demonstrate the new ability to change the colors of attributes pertaining to the plotbar() and plotcandle() functions using series inputs. For Heiken Ashi lovers, this script does several things. It gives you both bars and hollow candles with Heikin Ashi values - something TV does not currently support. It also gives you the ability to see your favorite HA candles while on the main series plot. When viewing indicators in the "Heikin Ashi" candle setting on TradingView, the input values are "smoothed' with HA values. This skews the way your indicators behave as the OLHC are calculated averages. Only the regular candle settings will give your indicators "real close" etc. By 'Muting' the main series bars by toggling the 👁 symbol next to your ticker id, it makes the normal candles invisible. You then overlay this script, which allows you to see the HA Candle of your choice, while not affecting the way your indicators behave. You now have the best of 2 worlds. Smoothed behavior of price action to help visualize trends, and accurate indicator values derived from actual OLHC data. Plus, something about hollow HA candles is just kind of clean and soothing isn't it? Cheers, Bjorgum Hollow Setting: Bars Or just plain old regular, but on the main chart
Pine Script™ indicator
by Bjorgum
17
{Gunzo} Heiken Ashi RibbonsHeiken Ashi Ribbons is a trend-following indicator which gives entry and exit points for short-term, medium-term and long term trading (using Exponential Moving Averages and Heiken Ashi formulas). OVERVIEW : The Heiken Ashi Ribbons indicator is composed of 3 moving average ribbons (slow, normal and fast) that are computed using the Heiken Ashi formulas. The 3 ribbons give a clear vision of the current trend as they use moving averages that smooth out the price and filter noise from short term fluctuations. In a simplified way, you can consider each ribbon as a moving average with a larger body size. If the price is above the slow ribbon, we consider the asset as trending up in the short term (trending down otherwise). If the price is above the fast ribbon, we consider the asset as trending up in the long term (trending down otherwise). CALCULATION : First of all, to compute a ribbon for this indicator we calculate a moving average (EMA by default) for common sources (OHLC) : EMA (open), EMA (high), EMA (low), EMA (close) We then apply the Heiken Ashi formulas to the moving averages calculated previously. HA (open) = HA (open) previous + HA (close) previous HA (close) = ( EMA (open) + EMA (high) + EMA (low) + EMA (close) ) / 4 HA (high) = max( EMA (open), EMA (close), EMA (high) ) HA (low) = min ( EMA (open), EMA (close), EMA (low) ) The ribbon displayed (by default) on the chart is the area between HA (open) and HA (close). SETTINGS : 1st Moving average length : Length of the slow moving average 2nd Moving average length : Length of the normal moving average 3rd Moving average length : Length of the fast moving average Moving average method : Moving average calculation method (EMA : Exponential Moving Average, SMA : Simple Moving Average, WMA : Weighted Moving Average) Ribbon type : standard ribbon uses the area between HA (open) and HA (close). Large ribbon uses the area between HA (low) and HA (high) Display ribbon as candles : change the type of visualization between area and candles Display short term buy/sell signals : Display short term buy/sell signals (crosses) when the fast moving average and normal moving average are crossing Display long term buy/sell signals : Display long buy/sell signals (circles) when the fast moving average and slow moving average are crossing Display ribbon trending up signals : Display ribbon direction change (triangle up) when the trend of the ribbon changes to trending up Display ribbon trending down signals : Display ribbon direction change (triangle down) when the trend of the ribbon changes to trending down VISUALIZATIONS : This indicator has 2 possible visualizations : Ribbons : the ribbons can be considered as enhanced moving averages for trading purposes. They represent the area between the Heiken Ashi of the moving average of the open and closing price. The color of the moving average line is green when the ribbon is trending up and red when the ribbon is trending down. Signals : Various signals can be displayed at the bottom of the chart (Buy/Sell signals, Ribbon direction changes signals). USAGE : This indicator can be used in many strategies, just like when you are using multiple moving averages. You should test these strategies and use the one that best fits your trading style. Strategy based on crossovers : When the fast ribbon crosses above the normal ribbon, it is a short term buy signal (it is recommended to wait for a confirmation) When the fast ribbon crosses under the normal ribbon, it is a short term sell signal (it is recommended to wait for a confirmation) When the fast ribbon crosses above the slow ribbon, it is a long term buy signal When the fast ribbon crosses over the slow ribbon, it is a long term buy signal Strategy based on price position : When the prices closes above the ribbon, it is a buy signal (long term if above slow ribbon, short term if above fast ribbon) When the prices closes below the ribbon, it is a sell signal (long term if below slow ribbon, short term if below fast ribbon) Strategy based on price bouncing : When the price decreases and reaches the green long term ribbon, the price candles may not be able to cross the ribbon. If the price increases, we consider that move as a bounce on the ribbon, which is a buy signal When the price increases and reaches a red long term ribbon, the price candles may not be able to cross the ribbon. If the price decreases, we consider that move as a bounce on the ribbon, which is a sell signal Strategy based on ribbon direction : When the direction of the ribbon changes, the trend of the asset is changing which may lead to a crossover to the next candles if the trend is continuing in that direction (it is recommended to validate the entry points with a second indicator as this strategy may have some false signals).
Pine Script™ indicator
by Gunzo_TV
3
Bjorgum EMAThis is an answer back to repeated requests for a simple version of Bjorgum Triple EMA Strat, which is not recommended for use with Heiken Ashi candles as it results in "double smoothing" of the averages and can give late signals as a result. The inputs are raw and super basic. At its core its really just 3 EMAs that you can customize the source and length. The averages and shadowing change color based on if they are either rising or falling. default values are 5, 9, and 21 EMA on open as source. Bar color is dictated by the bar close over or under the 5 and 9 EMA. This is suitable for use on HA candle.
Pine Script™ indicator
by Bjorgum
9
Joseph Nemeth Heiken Ashi Renko MTF StrategyFor Educational Purposes. Results can differ on different markets and can fail at any time. Profit is not guaranteed. This only works in a few markets and in certain situations. Changing the settings can give better or worse results for other markets. Nemeth is a forex trader that came up with a multi-time frame heiken ashi based strategy that he showed to an older audience crowd on a speaking event video. He seems to boast about his strategy having high success results and makes an astonishing claim that looking at heiken ashi bars instead of regular candlestick bar charts can show the direction of the trend better and simpler than many other slower non-price based indicators. He says pretty much every indicator is about the same and the most important indicator is price itself. He is pessimistic about the markets and seems to think it is rigged and there is a sort of cabal that created rules to favor themselves, such as the inability of traders to hedge in one broker account, and that to win you have to take advantage of the statistics involved in the game. He believes fundamentals, chart patterns such as cup and handle and head and shoulders, and fibonacci numbers don't matter, only price matters. The foundation of his trading strategy is based around heiken ashi bars because they show a statistical pattern that can supposedly be taken advantage of by them repeating around seventy or so percent of the time, and then combines this idea with others based on the lower time frames involved. The first step he uses is to identify the trend direction in the higher time frame(daily or 4 hourly) using the color of the heiken ashi bar itself. If it is green then take only long position after the bar completes, if it is red then take only short position. Next, on a lower time frame(1 hour or 30 minutes) look for the slope of the 20 exponential moving average to be sloping upward if going long or the slope of the ema to be sloping downward if going short(the price being above the moving average can work too if it's too hard to visualize the slope). Then look for the last heiken ashi bar, similarly to the first step, if it is green take long position, if it is red take short position. Finally the entry indicator itself will decide the entry on the lowest time frame. Nemeth recommends using MACD or CCI or possibly combine the two indicators on a 5 min or 15 min or so time frame if one does not have access to renko or range bars. If renko bars are available, then he recommends a 5 or 10 tick bar for the size(although I'm not sure if it's really possible to remove the time frame from renko bars or if 5 or 10 ticks is universal enough for everything). The idea is that renko bars paint a bar when there is price movement and it's important to have movement in the market, plus it's a simple indicator to use visually. The exit strategy is when the renko or the lowest time frame indicator used gives off an exit signal or if the above conditions of the higher time frames are not being met(he was a bit vague on this). Enter trades with only one-fifth of your capital because the other fifths will be used in case the trades go against you by applying a hedging technique he calls "zero zone recovery". He is somewhat vague about the full workings(perhaps because he uses his own software to automate his strategy) but the idea is that the second fifth will be used to hedge a trade that isn't going well after following the above, and the other fifths will be used to enter on another entry condition or if the other hedges fail also. Supposedly this helps the trader always come out with a profit in a sort of bushido-like trading tactic of never accepting defeat. Some critics argue that this is simply a ploy by software automation to boost their trade wins or to sell their product. The other argument against this strategy is that trading while the heiken ashi bar has not completed yet can jack up the backtest results, but when it comes to trading in real time, the strategy can end up repainting, so who knows if Nemeth isn't involving repainting or not, however he does mention the trades are upon completion of the bar(it came from an audience member's question). Lastly, the 3 time frames in ascending or descending fashion seem to be spaced out by about factors of 4 if you want to trade other time frames other than 5/15min,30min/1hour, or 4hour/daily(he mentioned the higher time frame should be atleast a dozen times higher than the lower time frame). Personally I have not had luck getting the seventy+ percent accuracy that he talks about, whether in forex or other things. I made the default on renko bars to an ATR size 1 setting because it looks like the most universal option if the traditional mode box size is too hard to guess, and I made it so that you can switch between ATR and Traditional mode just in case. I don't think the strategy repaints because I think TV set a default on the multi-time frame aspects of their code to not re-paint, but I could be wrong so you might want to watch out for that. The zero zone recovery technique is included in the code but I commented it out and/or remove it because TV does not let you apply hedging properly, as far as I know. If you do use a proper hedging strategy with this, you'll find a very interesting bushido type of trading style involved with the Japanese bars that can boost profits and win rates of around possibly atleast seventy percent on every trade but unfortunately I was not able to test this part out properly because of the limitation on hedging here, and who knows if the hedging part isn't just a plot to sell his product. If his strategy does involve the repainting feature of the heiken ashi bars then it's possible he might have been preaching fools-gold but it's hard to say because he did mention it is upon completion of the bars. If you find out if this strategy works or doesn't work or find out a good setting that I somehow didn't catch, please feel free to let me know, will gladly appreciate it. We are all here to make some money!
Pine Script™ strategy
by SparkyFlary
12
Heiken-Ashi Color Vts// Simple as it says: // gives you the color of the Heiken Ashi candles in a separate panel. // I needed this indicator since in TV switching from HA to normal candles resets the chart and I had to go back manually. // This solves the nasty issue. // Moreover, nobody enters/exits the trade on the HA values but everyone uses just their color, right? // Since bearish candles are encoded with value -1 and bullish candles with +1, // a simple average can be defined (if you don't find it useful, disable it). // Vitelot-Yanez-Vts, Aug 2020 //
Pine Script™ indicator
by vitelot
1
Heikin-Ashi Source Function HTFHigher TimeFrame using 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 as an actual strategy. By using this script or any portion thereof, you acknowledge that you have read and understood that this is for research purposes only and I am not responsible for any financial losses you may incur by using this script!
Pine Script™ indicator
by allanster
12
Heikin-Ashi Source FunctionCustom 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 as an actual strategy. By using this script or any portion thereof, you acknowledge that you have read and understood that this is for research purposes only and I am not responsible for any financial losses you may incur by using this script!
Pine Script™ indicator
by allanster
35
BERLIN CandlesA 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 actual price action is lost, because the candles can be bigger than the high and low of the underlying japanese candlestick. With BERLIN Candles I have tried to fix that problem. By using a smoothed out version of the previous Heikin Ashi candle close as the current BERLIN Candle open, the high and low of the actual japanese candlestick for the high and low of the BERLIN Candle, and the current Heikin Ashi close as the BERLIN Candle close, while setting hard limits for BERLIN Candle open and close values so that they can never exceed the high and low of the underlying japanese candlestick. One problem still persists though. The actual current price data is lost. However, the BERLIN Candles have solved this by adding a fifth part to the candles. The close of the underlying japanese candlesticks are indicated with a plus-sign. This way, actual price data is never lost, while keeping all of the other benefits of this type of candles. A few added bonuses: The addition of the 14 period ATR at the latest candle The baseline from Ichimoku is included as an option The 14 period ATR value of each candle can be seen in the indicator data as the orange value
Pine Script™ indicator
by lejmer
14
NinjaCator StrategyThis strategy is based on Heiken Ashi Price bars that have flipped on the Parabolic SAR. It is intended for backtesting purposes only and not offered as a trading system. The entry points are based on standard candle price entry values and not those offered by the HA candles. It will show a BUY/SELL Alert for the First Flat Bottom/Top HK candle that has flipped on the PSAR. Bollinger Bands have been added to enhance the potential Alerts when the price reaches extremes. It is designed to provide a visual demonstration that selected indicators have met certain criteria and is NOT meant to be a trading system or offer trading advice. The indicator offers alert possibilities when the above criteria are met.
Pine Script™ strategy
by OrmeK
1
Ninja Heiken Ashi Flip on PSARThis indicator demonstrates Heiken Ashi Candles (HA) and PSAR settings that have flipped in sequence. It will show a BUY/SELL signal for the First Flat Bottom/Top HK candle that has flipped on the PSAR. It will show a BUY 20 Alert for the First Flat BOTTOM HA Candle that has flipped on the PSAR + When the stochastic is AT or BELOW the 20 marker. It will show a SELL 80 Alert for the First Flat TOP HA Candle that has flipped on the PSAR + When the stochastic is AT or ABOVE the 80 marker. It is designed to provide a visual demonstration that selected indicators have met certain criteria and is NOT meant to be a trading system or offer trading advice. The indicator offers alert possibilities when the above criteria are met.
Pine Script™ indicator
by OrmeK
7
[RESEARCH] Heikin-Ashi Chart IdentifierA deterministic approach to identify Heikin-Ashi chart type. The script checks the next statements about HA: HA chart does not have any gaps in a classic sense Every new HA open price is calculated using a specific recurrence formula. This fact also means that initial HA open price is used to calculate all the next and so on (a construction of Infinite Impulse Response filters) The script works correctly being applied to other chart types: Classic Candlestick Range Bars Line Break Traditional Renko ATR Renko Traditional Point-and-Figure ATR Point-and-Figure Kagi For special ones: this code allows you to check whether your script is being executed with Heikin-Ashi candles or not inside your script. Ev sistr 'ta Laou!
Pine Script™ indicator
by everget