Heikin Ashi ScriptThis is a backtested Heikin-Ashi candles color change strategy.
You have to use this strategy on normal candles and not Heikin-Ashi!!!
Why normal candles? :- Because if you'll apply this strategy on Heikin Ashi candles then your backtesting won't be valid.
Here's how to use it.
Go LONG in case of ALL of the condition matches:-
1) When Buy arrow appeared under the last daily candle.
2) Candle background color should be green.
3) When the MA line changes the color from red to green.
Go SHORT in case of ALL of the condition matches:-
1) When Sell arrow appeared above the last daily candle.
2) Candle background color should be red.
3) When the MA line changes the color from green to red.
This strategy work in all the asset and all the timeframe.
Happy Trading!!!
Heikinashi
Ranged Volume - evoA 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.
Volume Moving Average - evoThis 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 you test them on your time frame and instrument they might be good to trade on their own, I have not tested this and the default settings are not tuned for that.
As always, let me know if you like it or found a good way to use it :)
Heikin Ashi With Moving Averages 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 you need help understanding the settings let me know ill help you just post the question
You will need to add Heikin Ashi on your chart to get the full effect of this script. Nevertheless, you can use it on traditional candlesticks
Supertrend MTF Heikin AshiThis 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, Momentum etc.
Enjoy!
BERLIN CandlesA 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 actual price action is lost, because the candles can be bigger than the high and low of the underlying japanese candlestick.
With BERLIN Candles I have tried to fix that problem. By using a smoothed out version of the previous Heikin Ashi candle close as the current BERLIN Candle open, the high and low of the actual japanese candlestick for the high and low of the BERLIN Candle, and the current Heikin Ashi close as the BERLIN Candle close, while setting hard limits for BERLIN Candle open and close values so that they can never exceed the high and low of the underlying japanese candlestick.
One problem still persists though. The actual current price data is lost. However, the BERLIN Candles have solved this by adding a fifth part to the candles. The close of the underlying japanese candlesticks are indicated with a plus-sign. This way, actual price data is never lost, while keeping all of the other benefits of this type of candles.
A few added bonuses:
The addition of the 14 period ATR at the latest candle
The baseline from Ichimoku is included as an option
The 14 period ATR value of each candle can be seen in the indicator data as
the orange value
HeiKin Crossover With Alerts [Lofi]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 24/7 active bot that is using this on 1hr, 4hr, 12hr time frames. The output may vary slightly between different chart time frames for the same indicator settings. A bad setting would be something like a sub 10-15 minute chart with BTCUSDT binance although some progress has been made on lower time frames. I have added an adjustable setting window for user tuning.
This is an "Invite Only" script. Contact me for details.
User Interface/Detail Description:
- Green Arrow = Buy
- Red Arrow = Sell
- Purple Arrow = High Risk Long
- Yellow Arrow= High Risk Short
This indicator can be easily used with popular bot trading platforms. Feel free to contact me for details.
Can be used for all Charts
Basic Entry Chart Layout:
BITMEX:
BINANCE:
FOREX:
I allow users to tune functions for almost any time interval. example 5 Second Chart:
Heiken Ashi Triangles at the Top and Bottom of ScreenHeiken 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)
HeikinAshi_Atr_StrategyThis strategy combines HeikinAshi and ATR, have better performance on 5min XBTUSD pair after parameter optimization.
Different from the original HeikinAshi chart provided by Tradingview (which is Repainting ), this script does not use the HeikinAshi SECURITY function so there is no Repainting!
Try it by yourself !!
HENKO (Renko + HeikinAshi) -- No RepaintThis particular work is completely mine.
I have not used anyone else's code (not even a fragment).
Parts of the code are used from Open Source library linking to www.investopedia.com and TradingView's example section at www.tradingview.com
The above sources have been used to get Custom Heikin Ashi Candles.
Calculations on Renko bars is completely on me as I have used Daily close and open values to build my own Renko Candles.
Custom Bricksize for Float values has been made available in this public version.
I take no responsibility for the performance of this indicator as I have completely turned off the Repainting in this version of my script.
I am publishing the script for Public use.
I'll be releasing updates for this script in future as the performance is somewhat acceptable.
Profit Factor will decrease with bigger backtest data.
NO REPAINTING issues shall be reported at all costs as the tradingview's default Time based renko has been completely discarded, thus making it rely on its own.
Be advised that as the Renko Bars are calculated at 00:00 UTC, you're not supposed to mess with the timing in the script, unless you're working with Stock markets where it is important that you set your day start and end precisely.
You can play with the Brick Size to see what's more beneficial for you.
No Repaint RENKO
NOTE:= PERFORMANCE OF THIS INDICATOR DEPENDS UPON THE BRICKSIZE OF RENKO BARS.
Real Candles Heikin Ashi (HA) Candle functionsThis 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 at HA candle values to make trading decisions.
Add the code below to calculate HA candles from real and use that in your HA trading algo,
but test it on real charts.
QuantNomad - Heikin Ashi Colors Higher TimeframeSimple script displaying color of Heiken Ashi candles from higher timeframes as a background.
EMA20 MA50 MA200 + T3-CCIEMA20 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 MAs and the T3-CCI on the chart (L-Click on the Indicator > Move To > New Pane Below).
Alerts are available to warn of possible opportunities in the markets .
A single alert that can fire on both conditions can be set. It can also be used by other indicators, such as the Risk Management Wrapper .
Additional Technical Analysis is required to confirm the signals before opening a position.
This indicator is an update to MA50 EMA20 MA200 .
Heiken-Ashi CandlesSimple 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! ->
Renko Bollinger StrategyIf you build Bollinger Bands from the values of Renko or Haken Ashi, then you can get an interesting strategy.
HeikinAshi - Candlestick % Difference 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.
[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!
Next Candle HA MomentumVery 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 other scripts on my profile!
Starke Heikin AshiBasic script to show when Heikin Ashi changes up or down on-top of Japanese (regular) candles as opposed to using Heikin Ashi candles.
Heikin Ashi OscillatorTrigger (Current Period): Heikin Ashi candle heights are plotted to form and oscillator.
Trend (1W): A slower period is also plotted.
When Trend is rising, dips in the Trigger are buying opportunities
When Trend is descending, peaks in the Trigger are selling opportunities
Up Down Alerts with MA Control - v2.0this update is meant for use with regular candles, but it will mimic the color pattern of heikin ashi candles and allow alerts based on the heikin ashi patterns. Also there are alerts for when the price is above a set moving average.
was going to just update the original script but there are a lot of changes to make it smoother etc, original script:
