HAMA (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...
Custom Candles /FVG/ nSideBar
- I used this as a learning project for understanding plot()'s Better
- My goal was to see if I could use normal plots to cleanly plot FVGs on the chart using only plots with out and boxes/lines
The problem was if multiple FVGs were on back to back bars the plot fill would fill the line to the next FVG/Bar
I solved this by...
This is another interesting take on candlesticks . These Bearish-Bullish Candles do not show the wicks. Instead, the upper wick is made into a Red body and the lower wick is made into a Green body. If you match the candle body color in the chart settings (or turn off the candles completely), you get a unique way of seeing how Bearish or how Bullish a candle is...
customcandles: Contains methods which can send custom candlesticks based on the input
macandles(maType, length, o, h, l, c) macandles: Provides OHLC of moving average candles
maType : - Moving average Type. Can be sma, ema, hma, rma, wma, vwma, swma, linreg, median
length : - Defaulted to 20. Can chose custom...