"Heikin-Ashi, also sometimes spelled Heiken-Ashi, means "average bar" in Japanese. The Heikin-Ashi technique can be used in conjunction with candlestick charts when trading securities to spot market trends and predict future prices. It's useful for making candlestick charts more readable and trends easier to analyze. For example, traders can use Heikin-Ashi charts...
This is Traditional Heikin-Ashi bars overlayed with regular candlestick/any chart type
Although HA is available in TradingView by default, this script is to recalculate HA by traditional calculations.
This version REPAINTS!! This is because Traditional HA uses Close Price (which is calculated on the fly).
Heiken Ashi candles help us to identify a trend.
This strategy simply enters a long when the Heiken Ashi candles turn green and a short when they turn red.
Because of the way BTC price moves in medium term trends, this simple strategy seems effective.
There is a rate of change function applied to avoid some of the choppy sideways action (thanks again to...
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...
Hello, this is both a strategy and indicator that revolves around Heikin Ashi candles.
In this case we take 3 different time frames, in this example we use daily , weekly and monthly.
The conditions for entry are :
For long : we check that we have a green daily candle, at the same time we check that the weekly and monthly candles are also green.
For short : We...
This "simple" strategy of crossing EMAs + SMAs based on Heikin Ashi candles data presents a very good result as a signal or automated trading. You should try it out.
If you like, I would appreciate a "thumbs up" in my profile @agbarbosa.
Higher 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...
You can use this script to backtest Heikin-Ashi bar color change strategy.
You have to apply this script to usual candles and not Heikin-Ashi!!!
Background color indicates HA bar color. On change you'll see green/red arrows and alert will be fired.
Also you can find in the code calculations of all HA OHLC values.
Candlesticked RSI v2 for price action traders!
See the True Momentum.
6 chart type, smooth RSI , add signal lines, find divergences, special alerts
This is 2nd version with major upgrade
Improved and more powerful
See RSI in 6 type of chart(Candles, Hollow Candles, Siwi Candles, Heikin Ashi, HL Bar, Line)
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).
The script is trying to find one,two or 3 consecutive HA candles with no wick.
It calculates the HA values,and plots green or red coloured dots.
1. Add the indicator on the chart
2. Start unchecking the first and then the second option.
3. You got that ;)
If you need more than 3 consecutive candles,please complete the code. Everything is...
The script combines 2 indicators (MACD and Stoch-RSI) and puts them visually directly on the candles - can be used with normal OHLC candles or Heiken Ashi candles. Furthermore, you can derive divergences exremely easy directly visually from the candles as well. Lastly, a SMA 20 high and a SMA 20 low line build a trend channel.
Script is best used in trending...