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Heikin-ashi

[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
HTF Candle [Custom Time Period] by JustUncleL [SOMMI 1.0 edit]This is a custom High Time Frame indicator, originally created by JustUncleL. 💚 I have edited the Pine Script to allow a custom Time Period input. 💛 In the original version, you could only select from a few time periods as your High Time Frame. 💙 In this version you can put any time frame as your reference. 🧡 Example: 6-hour HTF or 2-Day HTF SOMMI'S SPECIAL NOTES: -This indicator works with Heikin-Ashi candles. -Please change your candles to Heikin-Ashi and apply the indicator. -Advised to disable "Body Wicks" -Advised to also refresh your page a few times a day as it doesn't update properly due to limitations of TradingView / Pinescript currently. 💙💛💚🧡
Pine Script™ indicator
by sommi
2
10/20 MA Cross-Over with Heikin-Ashi Signals by SchobbejakThe 10/20 MA Heikin-Ashi Strategy is the best I know. It's easy, it's elegant, it's effective. It's particularly effective in markets that trend on the daily. You may lose some money when markets are choppy, but your loss will be more than compensated when you're aboard during the big moves at the beginning of a trend or after retraces. There's that, and you nearly eliminate the risk of losing your profit in the long run. The results are good throughout most assets, and at their best when an asset is making new all-time highs. It uses two simple moving averages: the 10 MA (blue), and the 20 MA (red), together with heikin-ashi candles. Now here's the great thing. This script does not change your regular candles into heikin-ashi ones, which would have been annoying; instead, it subtly prints either a blue dot or a red square around your normal candles, indicating a heikin-ashi change from red to green, or from green to red, respectively. This way, you get both regular and heikin ashi "candles" on your chart. Here's how to use it. Go LONG in case of ALL of the below: 1) A blue dot appeared under the last daily candle (meaning the heikin-ashi is now "green"). 2) The blue MA-line is above the red MA-line. 3) Price has recently breached the blue MA-line upwards, and is now above. COVER when one or more of the above is no longer the case. This is very important. You want to keep your profit. Go SHORT in case of ALL of the below: 1) A red square appeared above the last daily candle (meaning the heikin-ashi is now "red"). 2) The red MA-line is above the blue MA-line. 3) Price has recently breached the blue MA-line downwards, and is now below. Again, COVER when one or more of the above is no longer the case. This is what gives you your edge. It's that easy. Now, why did I make the signal blue, and not green? Because blue looks much better with red than green does. It's my firm believe one does not become rich using ugly charts. Good luck trading. --You may tip me using bitcoin: bc1q9pc95v4kxh6rdxl737jg0j02dcxu23n5z78hq9 . Much appreciated!--
Pine Script™ indicator
by ScipioPro
40
Function To Candles - Another way to see indicatorsIntroduction There are different and better way's to see price data, a candlestick chart is one of the best way to see the price since you have access to the open/high/low/close information, this is really efficient and can allow for naked non parametric trading strategies (candlesticks patterns) . But what about making candles out of indicators ? There are tons of studies about candlesticks patterns in price data but none (?) about candlestick patterns using indicator data, therefore i made this script in order to show candles from various indicators, i also made an heikin-ashi mode. Rsi To Candles All the indicators are use the open/high/low/close price as input in order to return candles. length control the indicator period. Stochastic To Candles The stochastic oscillator is restrained in a range of 0/100, therefore when equal to 0 or 100 the candles can be flat. Rate Of Change To Candles The rate of change don't distort price as heavily as other indicators since its based on differencing. Center Of Gravity To Candles The center of gravity (cog) is defined from tradingview as "an indicator based on statistics and the Fibonacci golden ratio", its not an indicator i'am familiar with and i don't know if its the same proposed by Elhers. The candles are smooth, high length can flatten the candles heavily making them hard to see. Correlation Oscillator In a range of -1/1 this indicator is quite smooth and can also flatten candles. Patterns And Heikin-Ashi There are tons of patterns that can be generated from candlesticks, they can be applied to this indicator as well. The indicator can show an heikin-ashi mode, heikin-ashi candlestick use averaging to plot candles, this is why they appear smoother, some signals generated from heikin-ashi candles are : Bullish body with no lower shadows = Strong Uptrend Bearish body with no higher shadows = Strong Downtrend High range and small body = Indecision/Risk of reversal Conclusion I made an indicator able to draw candles from other indicators, those candles contain various information that can generate decision from patterns. I hope you find a use to it, if its the case share your findings with me, maybe that you will even be able find a new candlestick pattern :) Thanks for reading !
Pine Script™ indicator
by alexgrover
17
Real Price for Heikin Ashi ChartsThe indicator is in the top left of the screen! That's all there is, by design. This is a super simple indicator that allows you to see what the real price of a candle was when using Heikin Ashi charts, while not cluttering up your screen. HA charts are a great way to help those who can be spooked by the chaos of the markets (I'm one!), but they have a big drawback in that the price you see on a HA candle is often significantly different from the real price that you would trade on. This brings issues of unrealistic expectations of profits/losses, and also makes back testing a strategy very difficult. I still wouldn't recommend ever using TradingView's "strategy" tool when using HA charts, but using this indicator you can do accurate manual back tests. There's nothing plotted on the screen given that there's no real point in it, but you can make the lines appear if you wish - just go into settings and change the transparency. The order of the numbers on the indicator match the OHLC (Open, High, Low, Close) format. There's also settings to turn off one or more of the OHLC values, simply open the settings and go to Inputs. This could be useful for some people, as the High and Low values of HA candles are the same as regular candles. Only the Open and Close are different. Any queries let me know. DreamsDefined
Pine Script™ indicator
by DreamsDefined
20
Heikin-Ashi Smoothed with option to change MA types CryptoJoncisPine Script version=3 Author CryptoJoncis Heikin-Ashi Smoothed The Heikin-Ashi Smoothed study is based upon the standard Heikin-Ashi study with additional moving average calculations. The following is the calculation formula for the bars: 1. The current bar Open, High, Low, Close values are smoothed individually by using the moving average type specified by the Moving Average Type 1 Input with a length/period specified by the Moving Average Period 1 Input. 2. The Heikin-Ashi bar Open, High, Low, Close values are set using the smoothed values from step 1. This is performed using the standard Heikin-Ashi formula. 3. The final Heikin-Ashi Open, High, Low, Close values are calculated by doing a second smoothing of the bar values from step 2 by using the moving average type specified by the Moving Average Type 2 Input with a length/period specified by the Moving Average Period 2 Input. If you choose to tick the box where it offers to use only one smoothed HA then it skips the third/final step and you do not need to choose the second MA type for it to work. Remember, using FRAMA, always make sure you use even number for length. For simple Heikin-Ashi, please tick single smoothed and DEFAULT (Not smoothed as there are no MA used) Heikin-Ashi bars are calculated: 1. Close = (Open + High + Low + Close) / 4 This is the average price of the current bar. 2. Open = (Open of Previous Bar + Close of Previous Bar) / 2 This is the midpoint of the previous bar. 3. High = Max of (High, Open, Close) Highest value of the three. 4. Low = Min of (Low, Open, Close) Lowest value of the three. Any questions/suggestions/errors or spelling mistakes? Please leave a comment and let me know. I will try to fix it. This took me few days to finish, so I hope you will find it useful. Would you like to have more MA type choices? Please comment down with any other which aren't included in this indicator and I will research them and add. MA included in this script: Tillson Moving Average (T3) Double Exponential Moving Average (DEMA) Arnaud Legoux Moving Average (ALMA) Least Squares Moving Average (LSMA) Simple Moving Average (SMA) Exponential Moving Average (EMA) Weighted Moving Average (WMA) Smoothed Moving Average (SMMA) Triple Exponential Moving Average (TEMA) Hull Moving Average (HMA) Adaptive moving average (AMA) Fractal Adaptive Moving Average (FAMA) Variable Index Dynamic Average (VIDYA) Triangular Moving Average (TRIMA) You can use,publish,modify this code in any way as you wish, but only if you reference me after. You are not allowed to sell it as it is. If this code is useful to you, then consider to buy me a coffee (or better a pint of beer) by donating Bitcoin or Etherium to: BTC: 3FiBnveHo3YW6DSiPEmoCFCyCnsrWS3JBR ETH: 0xac290B4A721f5ef75b0971F1102e01E1942A4578 References: www.sierrachart.com www.investopedia.com www.binarytribune.com www.investopedia.com www.stockfetcher.com www.mql5.com www.incrediblecharts.com help.cqg.com www.blastchart.com
Pine Script™ indicator
by CryptoJoncis
13
Gidra's Vchain Strategy v0.1Tested on "BTC/USD", this is a reversible strategy If the RSI is lower than "RSI Limit" (for last "RSI Signals" candles) and there were "Open Color, Bars" green Heiken Ashi candles - close short, open long If the RSI is higher than 100-"RSI Limit" (for last "RSI Signals" candles) and there were "Open Color, Bars" red Heiken Ashi candles - close long, open short - timeframe: 5m (the best) RSI Period = 14 RSI Limit = 30 RSI Signals = 3 Open Color = 2 Piramiding = 100 Lot = 100 % - timeframe: 1h RSI Period = 2 RSI Limit = 30 RSI Signals = 3 Open Color = 2 Piramiding = 100 Lot = 100 %
Pine Script™ strategy
by root.gidra
quit your bullshit! Heikin-Ashi Backtest with Real Candle ValuesMade in a few minutes to debunk all the bullshit going around tradingview and everywhere about "heikin-ashi" being a holy grail trend indicator. Do not be deceived. Heikin-Ashi is a beautiful way to remove much of the noise in markets, and is light on the eyes. (nice and smooth!) I personally use heikin-ashi as a way to remove a lot of the clutter in the markets, allowing me to trade with less emotion. While heikin-ashi is a great way to visualize trends, it is NOT a good trend indicator because its displayed values do not align with actual trading values. Therefore, entry and exit points for many of the ideas published about heikin-ashi for trade are inaccurate. ::: When Heikin-Ashi changes colour for x candles, a new trade is created on the open of the following real candle. In practice, Heikin-Ashi is much closer to break even. As tested, Heikin-Ashi trend trading works better on pairs that have clearer definitions of trends and are less often in consolidation. (ex. USDJPY) Usage: Switch to normal candlestick chart. Features: Change the period for new trades. (For example: x amount of red candles after a green candle to signify short trade)
Pine Script™ strategy
by andrewqiu9774
16
Tillson Moving Average(ema) singleT3 Moving Average indicator was originally developed by Tim Tillson in 1998/99. T3 Moving Average is considered as improved and better to traditional moving averages as it is smoother and performs better in trending market conditions. It offers multiple opportunities when the price is in the state of retracement and therefore allows to minimize your exposed risk and allowing your profits run. This version provides simple T3 MA Source options - all standard + HA T3 based on 6x ema Only adds 1 T3 MA on chart Consider a tip in ETH to 0xac290B4A721f5ef75b0971F1102e01E1942A4578 Thank you and have a nice day CryptoJoncis
Pine Script™ indicator
by CryptoJoncis
1
mcbw_RSI_candlesAn RSI can have any input, but most commonly used is the closing price. I thought it would be interesting to see if feeding the open high low and close information into the RSI to make RSI candles, if there are candlestick formations that can be recognized or possible patters in wicks. To make it smoother there also is the option to turn the RSI candles into Heiken Ashi form, just check the box labeled HA. The result is an RSI that is easier on the eyes. Happy trading! Remember to not take everything too seriously
Pine Script™ indicator
by mcbw_
Mister Transistor 3.0This is a general purpose very flexible program to test the effectiveness of HA bars. Please note that if you are charting at tradingview using Heikin-Ashi charting, your system will be trading fictitious prices even if you check the "use real prices" box. Thought you might like to know that before you lose all your money. This program performs the HA calcs internally thus allowing you to use HA bars on a standard bar chart and obtaining real prices for your trades. Courtesy of Boffin Hollow Lab Author: Tarzan the Ape Man
Pine Script™ strategy
by tarzan
Volume Weighted Market Mean 3.0 [Dia]150924 - v3.0 This script is a complete rewrite of the previous version here . It gathers market data from up to 8 different Bitcoin exchange pairs (8 is maximum due to script limitations).The influence of each single exchange can be customized individually, default is 50% for 0-fee exchanges, 10% for futures and 100% for all others. For each single exchange a standard deviation from the composite mean price and a average price range are determined. To make data from exchanges with different liquidity comparable, all single exchange price ranges are normalized to the range of the composite mean price. To make data from exchanges with different fee structure (= exchanges that constantly trade at a premium / discount) comparable, all single exchange prices are corrected by their respective standard deviations. To account for trade volume, all price data is weighted by the current candles volume. - optional Heikin Ashi candle display - optional EMAs - lots of switches to play around with ;-)
Pine Script™ indicator
by Diabolicus
1