OPEN-SOURCE SCRIPT

MrBS:EMA/SMA/HMA (Heikin Ashi Calc)

Diupdate
This indicator allows you to base the MA calculation from Heikin Ashi values on normal charts and/or the real OHLC values while looking at Heikin Ashi.

There are 3 MA types you can select - EMA / SMA / HMA

The colour is based on the slope.

I made this to help me visualize my DMI+ strategy, when I was looking at taking signals from Heikin Ashi but looking at candlesticks. Turns out, I was going down the wrong road. Now I'm looking into using the real OHLC values for generating signals but watching the Heikin Ashi chart as I find it easier to see trends on it.

Hopefully its useful to some people, and if you have any suggestions for improvements I'd love to know.
Catatan Rilis
Minor Update to make it line up with the Trend Friend Strategy update I am about to upload. I have changed it so instead of being an overlay, it will plot the DMI and ADX in a pane, so now we need the MA filter to be a separate indicator that can be overlaid.
analysisashicalculationExponential Moving Average (EMA)heikinHull Moving Average (HMA)ohlcSimple Moving Average (SMA)sma

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