OPEN-SOURCE SCRIPT
KANNADI MOHANRAJA SCALPING INDICATOR
This indicator is designed by Kannadi Mohanraja to help traders visually identify uptrend conditions using 3-minute Heikin Ashi candles only.
🔍 Concept:
Heikin Ashi candles smooth price movements and help traders identify the market direction clearly.
When a Heikin Ashi candle closes above its open (green candle), it indicates potential bullish momentum.
⚙️ How it Works:
The script requests Heikin Ashi data from the 3-minute timeframe.
When the Heikin Ashi close price is greater than the open, it highlights the background in green to signal a potential uptrend.
A small “BUY” triangle appears below bars during these uptrend phases.
🧠 Purpose:
This script helps traders quickly recognize uptrend phases visually without using multiple indicators.
It’s ideal for scalpers and short-term traders who use Heikin Ashi charts for smooth price action confirmation.
⚠️ Note:
This indicator uses only Heikin Ashi candles — no other indicators are included.
Works best on charts set to 3-minute timeframe.
Use this as a visual guide, not as standalone trading advice.
#HeikinAshi #Uptrend #KannadiMohanraja #PineScriptV6 #Scalping
//version=6
// © Kannadi Mohanraja
// This script is open-source and free to use for educational and analytical purposes.
// You may copy, modify, or share it with proper credit to the original author.
// Not intended as financial advice. Use at your own risk.
🔍 Concept:
Heikin Ashi candles smooth price movements and help traders identify the market direction clearly.
When a Heikin Ashi candle closes above its open (green candle), it indicates potential bullish momentum.
⚙️ How it Works:
The script requests Heikin Ashi data from the 3-minute timeframe.
When the Heikin Ashi close price is greater than the open, it highlights the background in green to signal a potential uptrend.
A small “BUY” triangle appears below bars during these uptrend phases.
🧠 Purpose:
This script helps traders quickly recognize uptrend phases visually without using multiple indicators.
It’s ideal for scalpers and short-term traders who use Heikin Ashi charts for smooth price action confirmation.
⚠️ Note:
This indicator uses only Heikin Ashi candles — no other indicators are included.
Works best on charts set to 3-minute timeframe.
Use this as a visual guide, not as standalone trading advice.
#HeikinAshi #Uptrend #KannadiMohanraja #PineScriptV6 #Scalping
//version=6
// © Kannadi Mohanraja
// This script is open-source and free to use for educational and analytical purposes.
// You may copy, modify, or share it with proper credit to the original author.
// Not intended as financial advice. Use at your own risk.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menjadikannya sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Hormat untuk penulisnya! Meskipun anda dapat menggunakannya secara gratis, ingatlah bahwa penerbitan ulang kode tersebut tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menjadikannya sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Hormat untuk penulisnya! Meskipun anda dapat menggunakannya secara gratis, ingatlah bahwa penerbitan ulang kode tersebut tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.