A simple script that shows mirrored regular volume bars with the purpose to show break-outs and low volume ranges, using highest and lowest of a few bars back. Use Heikin Ashi function to smooth the colors with the trend.
This script shows regular volume bars with two separate moving averages using only bullish and only bearish candles. The moving average uses the last known value of its calculation. Using the Heikin Ashi function will smooth the colors and moving averages (good for trends): The crossovers are a good way to see what the dominant direction of a trend is, if...
3 indicators in 1: 4 EMA, Bollinger Bands, Haiken Ashi overlay on the candles.
This script is using 4 moving averages, 2 for short term movements, and 2 for long term movements. Used on Heikin Ashi will help identify short term that is true short term, and Short Term that will most likely turn into a long term trend. color coded candlesticks will identify if the price action is low in RSI or STOCH. colors can be changed in settings If...
This is non-repaiting Supertrend Multi Time Frame script, uses Heikin Ashi Candles as source on normal chart There is an option for Higher Time Frame. if you choose "Auto" then Higher Time Frame calculation is made by the script. If you choose "User Defined" option and then you can select Time Frame. You better use this script with other indicators such as RSI,...
A 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...
HeiKin LoFi - Crossover With Alerts The goal of this indicator is to plot stoch, rsi, ema values "as if" the chart is a true price action based on a Heiken-Ashi Chart. It can also be used on a regular candle stick setting or the original Heikin Ashi chart. The script is currently under development and additional updates will be added based on performance from a...
Heiken Ashi Triangles at the Top and Bottom of Screen The image below shows the comparison to actual Heiken Ashi candles (Though changing from candles to Heiken Ashi tends to smooth the triangles a little)
This script plots both real and HA candles regardless or which are used on the chart in TV settings. (and has the functions for you to use.) Lots of people seem to misunderstand backtesting (or scam people) based on HA candles. Backtesting with HA candles leads to impossible trades. ALWAYS backtest with real candles. That doesn't mean you might not want to look...
Simple script displaying color of Heiken Ashi candles from higher timeframes as a background.
EMA20 MA50 MA200 + T3-CCI This combination of triple Moving Average and CCI is a strategy to be used in conjunction with Harmonical Patterns and Fibonacci Rations . Heikin Ashi price can be used as the price source for the Moving Averages and the T3-CCI, instead of the real price. Two instances of the indicator can be spawned to have both the triple...
Simple script to view Heiken-Ashi candles below a normal candles chart. Could also be useful for using HA calcs in strategy scripts on normal candles chart for proper backtesting. I adapted this to v4 from original v2 script by @samtsui. If you like please remember to give him a Thumbs Up for his original version! ->
This script shows the price difference ( %) between heikin ashi and candlestick for all investment instruments as Close, Open, High and Low. (Switchable ) In this way, you can see which instruments can easily use heikin ashi . And by taking averages you can find the opportunity to compare which investment tools are more risk-free.
A 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...
Modded heikin ashi script, shows top and bottom pin bars. A help to see the trend. BTC: 3ABmq6TMJFmw5kBY8cAJHnUXCWMUqxahx6 XRP: rLHzPsX6oXkzU2qL12kHCH8G8cnZv1rBJh tag: 3534200011
Very simple script that updates realtime and shows possible next candle outcome and difference between current HA candle and current regular candle. It's intended to use on Heikin Ashi and shows actual price on them, while on regular candles shows difference. Idea was suggested by my husband and we decided to develop and publish it together. Enjoy and check...
Basic script to show when Heikin Ashi changes up or down on-top of Japanese (regular) candles as opposed to using Heikin Ashi candles.