OPEN-SOURCE SCRIPT

Real Price for Heikin Ashi Charts

The 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
ashibacktestingCandlestick AnalysisHAheikinheikin-ashiHigh-Low Indexpricerealpricestrategy

Open-source Skript

Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun das Script auch andere Trader verstehen und prüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden. Die Nutzung dieses Codes in einer Veröffentlichung wird in unseren Hausregeln reguliert. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.

Möchten Sie dieses Skript auf einem Chart verwenden?

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