Heikin Ashi EMA v5 no repaint This script was inspired by the "Heikin/Kaufman Strategy" from marco valente built on v2.
The script was rebuilt on the v5 and most importantly removed the repaint function that was driving surrealistic backtesting inflated numbers.
This script is now fully functional and not repainting - At the time of testing worked efficiently 90% WR and 2x profit factor on CFD WTI OIL with a 15m time frame indexed on forex.com price.
You should utilize this script with caution, especially on high volatility cycles you can try plotting against a volatility relative index or stop.
I also strongly recommend understanding the fundamentals of WTI OIL to balance the indications of the strategy with fundamentals.
Thanks to Clovis Warlop and Nilesh Sharma for their contribution.
Cheers,
Gustavo Bramao
Heikin-ashi
Qstick IndicatorThis indicator idea comes from Tushar Chande called Qstick.
Technical indicators quantify trend direction and strength in different ways.
One way is to use the difference between close and open for each bar and to sum it up over a period of time.
The formual is:
Qstick (period ) = Average ((close-open ), period )
In this indicator, we can choose how to calculate body by two famous chart types. The first and default indicator settings are based on Heiken Ashi chart, and the second is based on the Candlesticks chart.
If the resulting value is positive, the trend is considered up and shows with the blue color; otherwise,
the trend is considered down it shows with red color.
When Qstick value is greater than zero means that the majority of the last 'n' days(the default value is 8)
have been up, indicating that buying pressure has been increasing. Vice versa, when Qstick value is lower than zero means that the majority of the last 'n' days have been down, indicating that selling pressure has been increasing.
Crossing Qstick above Level Zero is used as bullish bias (long entry signal) because it is indicating
that buying pressure is increasing, while bearish bias (short entry signal) comes from the indicator
crossing down through zero. This indicator can be part of trading systems and we can use it to confirm our signals.
Also, We can active Alert checkpoint to show cross points and activate Alerts.
Candles HTF on Heikin Ashi ChartThis script enables calling and/or plotting of traditional Candles sources while loaded on Heikin Ashi charts.
Thanks to @PineCoders for rounding method: www.pinecoders.com
Thanks to @BeeHolder for method to regex normalize syminfo.tickerid.
NOTICE: While this script is meant to be utilized on Heikin Ashi charts it does NOT enable ability to backtest!
NOTICE: For more info on why non standard charts cannot be reliably backtested please see:
NOTICE: This is an example script and not meant to be used as an actual strategy. By using this script or any portion thereof, you acknowledge that you have read and understood that this is for research purposes only and I am not responsible for any financial losses you may incur by using this script!
Goethe A - Multiple Leading Indicator PackageGoethe A is an Indicator Package that contains multiple leading and lagging indicators.
The background is that shows the local trend is calculated by either two Moving Averages or by a Kumo Cloud. By default the Kumo Cloud calculation is used.
What are those circles?
-These are OBV (or VPT, can be set in the options) Divergences. Red for Regular-Bearish. Orange for Hidden-Bearish. Green for Regular-Bullish. Aqua for Hidden-Bullish.
What this middle line?
-The middle line is calculated by a smoothed Heikin-Ashi indicator. I can be used as a dynamic zone of support and resistance. Many times this indicator is used as entry signal giver in trend following strategies.
What are those background lines?
-The background contains a simple Daily Pivots indicator. This indicator can be read as zones of Support and Resistance that updated based on the used timeframe.
What is this smaller thin grey line?
-This is a very simple Stoploss indicator based on Donchian Channels. The trade direction is based and calculated by the local trend (background color)
What are those small orange or aqua triangles?
- These are Pivots . They show when the OBV or wolfpack oscillators (or a double confirmation of both) might reverse, this is important to know because many times the price action follows this move.
What are those purple triangles?
- These are Pivots . They show when the PVT oscillator might reverse, this is important to know because many times the price action follows this move.
What are those big orange or aqua triangles?
- These are TSI (true strength indicator) entry signals . They are calculated by the TSI entry signal, the TSI oscillator treshold and in conjunction with the overall local trend (background color).
What are those white squares?
- These are Overbought or Oversold regions of the build-in RSI bands indicator. Every time the price crosses one of the RSI bands those squares are printed. Most of the time this happens after a move and indicates that this strong move has come to an end.
Most settings of the indicator package can be modified to your liking and based on your chosen strategy might have to be modified. Please keep in mind that this indicator is a tool and not a strategy, do not blindly trade signals, do your own research first! Use this indicator in conjunction with other indicators to get multiple confirmations.
Heikin Ashi Bar OverlayThis script shows Heikin Ashi bars on your chart with specified vertical offset
Heikin Ashi Candles [Improved] - real closing priceHeikin Ashi Candles - with real closing price!, and with a Heikin Ashi based moving average!
One of the main functionality of Heikin Ashi is to provide a smoothed price to get clarity in trends. This script builds upon the Heikin Ashi Candlestick I published in 2020 that took the standard Heikin Ashi calculations and added the actual closing price.
The improved version adds a new smoothing calculation to give traders an even better way to display trends. In addition to that, a Heikin Ashi based moving average is added to guide you to take trades in the trend direction. The best part is the users have the ability to display both the real closing price and the Improved Heikin Ashi closing price.
With a few modifications within the smoothing settings, the users can get features like Candle Cloud that provides traders with functionalities like Ichimoku clouds.
Usage:
This indicator serves as a trend tool with enhanced features of the original Heikin Ashi calculations. The indicator help traders to take trades in the same direction of the trend. The new improved version gives traders a new better way to make use of all Heikin Ashi strategies that have been developed during the years. Apply the same methods with this new version.
Disclaimer: No financial advice, only for educational/entertainment purposes.
All for One Moving AverageThis is a collection of all the moving averages available. Some are built-in, a couple were tricky to source out.
Higher timeframes can be specified so you aren't limited to your chart setting.
Repainting has been disabled by default.
There is also an option to use Heikin Ashi candles as the input source rather than standard bars.
Hope that someone finds this useful.
If you'd like anything added please DM me and I'll include it!
Feel free to copy this into your own strategies/indicators.
~Dark
Heikin Ashi Candle Startegy for Long PositionThis strategy utilize Heikin-Ashi candlestick chart.
Heikin-Ashi technique is a Japanese candlestick-based technical trading tool that uses candlestick charts to represent and visualize market price data.
Heikin-Ashi candle is essentially taking an average of the movement.
There is a tendency with Heikin-Ashi for the candles to stay red during a downtrend and green during an uptrend.
This strategy only apply for long trading position.
The idea is trader will waiting 3 green candles for validation period (confirmation) before entering long position.
Different timeframe will result different result.
Number of validation period can be changed to see different result
This strategy has parameter for take profit percentage, trailing stop and stop loss.
User can set maximum active position to minimize risk and qty order.
This tool is useful for user who wants to backtest Heikin-Ashi trading strategy.
Script will emit alert when long position is opened and closed.
Warning of Backtesting
Backtesting is backward-looking. As the name implies, you are testing how something would have worked if you traded it perfectly in the past.
Past performance does not indicate future performance and you should not assume it does.
Backtesting assumes you never miss-fire, that you get in and out at the exactly perfect moment each time.
Backtesting assumes you have perfect liquidity, and your limit orders fill at a specific, pre-defined price every time (either the open, close, low, high, or some average of these).
Disclaimer
Do your own research and consider fundamental price of asset.
The indicators provided on this script is for educational purposes only.
Author does not offer advisory or brokerage services, nor does it recommend or advise users to buy or sell particular stocks or securities.
Please examined script and give feedback for further improvement.
Script are open to public, everyone see and clone source code or just apply to chart. Please make comment for improvement.
Ichimoku w/Heikin-Ashi Ichimoku w/Heikin-Ashi displays the Heikin-Ashi and leading lagging span of Ichimoku Kinko Hyo.
If you change to Heikin-Ashi as it is, the basis of the calculation of Ichimoku will also use the Heikin-Ashi, so after displaying the Heikin-Ashi independently, then the calculation uses the original candlestick.
Initially, two candlesticks are displayed so that you can switch between candlesticks and Heikin-Ashi. If you uncheck the standard candlesticks check box to hide them, only Heikin-Ashi will be displayed.
In addition, the lagging span is displayed as the leading lagging span in order to align the viewpoint to one current place.
一目均衡表の遅行スパンを先行させ、平均足を表示させる指標です。
標準のまま平均足に変更すると均衡表の計算のベースも平均足を使ってしまうため、平均足を独立して表示させた上で計算は元のローソク足を使用しています。
ローソク足と平均足を切り替えられるように、最初は2つのローソク足が表示されますが、標準のローソク足のチェックボックスを外して非表示とすれば平均足のみの表示となります。
また視点を現在の1箇所に揃えるために遅行スパンを先行遅行スパンとして表示しています。
CH-I: Trend - Higher Timeframe BodyI took the script for the built-in indicator for candle bodies of a higher timeframe (www.tradingview.com) which has a fixed border width and style and added the possibility to customize both the border width and the border style or to even disable the display of any border at all, which makes the presentation of those boxes more flexible.
True BarcolorHeikin Ashi can be useful for understanding trend based on price action but it doesn't take volume in context. Here I have tried to use volume for understanding true bar color and ultimately true trend analysis. It can also help you in not getting trapped in sudden shakeouts. Also, you can use it for averaging of your existing position.
Conditions used:
Relative closing price
Relative volume against previous bar and overall moving average of volume
Volume analysis
Trend analysis
Classic Candlestick on Range ChartHello traders!
This is my first script to share with everyone! As of right now the range candles on Tradingview are lacking the option to see range charts using the classic candlesticks. This script allows you to overlay a regular candlestick or heikin-ashi candlestick on a range chart!! Unfortunately, the only bar that cannot be a candlestick is the current bar. Once that bar has completed its range then it will update to a regular candlestick.
Install / Use instructions!
-For the best visual appearance it is important to set the transparency of up bars and down bars to 0. This setting is found in the main chart settings under SYMBOL. However, if you want to see the current unfinished range bar you need to set the "projection up bars" and "projection down bars" to the color you prefer.
-To change the colors of the candlesticks is found under the indicator settings like any other script!
HA,Renko, Linebreak,Kagi and Average all Charts Layouts in One This is an educational study, using the security functions provided by @PineCoders(big thanks to them for creating this ) in order to see the difference between multiple candle close plots using:
Heikin Ashi
Renko
Linebreak
Kagi
Average of them all.
Both the different securities and the average can be used as a source for different indicators like moving averages or oscillators getting with them some new and unique opportunities.
If you have any questions, let me know !
[TVExtBot]Heikinashi Upswing Strategy(30m&1h&2h)The Heikin-Ashi Upswing Strategy is a trend-following strategy suitable for short-term trading that utilizes Heikin-Ashi to follow an upward trend and realizes profits only in a rising market.
하이킨아시 업스윙 전략은 하이킨아시를 활용하여 상승하는 추세를 따라가며 상승장에서만 수익을 실현하는 단기매매에 적합한 추세추종 전략입니다.
* Buy Signal
The close price of the Heikin-Ashi candle was higher than the open price, and a golden cross occurred in the short-term EMA.
하이킨아시 캔들의 종가가 시가보다 크고 단기 EMA에 골든클로스가 발생.
* Sell Signal
The open price of the Heikin-Ashi candle is higher than the close price, the short-term EMA is dead cross, and overbought occurs.
하이킨아시 캔들의 시가가 종가보다 크고 단기 EMA가 데드클로스이고 과매수가 발생.
※Long만 사용가능한 전략입니다.(This is a strategy that only Long can use.)
Default Options(기본설정)
Short-Term Volatility (단기변동성) : 96 (※1)
Long-Term Volatility (장기변동성) : 97 (※1)
Take Profit (%) (익절) : 15%
Trailing Stop(%) (트레일링 스탑) : 10%
(※1) The lower the value, the more aggressive the buy.(값이 낮을수록 매수가 공격적입니다.)
Heikin Ashi Cloud overlayThis script displays a cloud representing the bodies of Heikin Ashi candles, which allows to have all the information of the HA technique without losing focus on the classical candles.
Also has arrows to indicate a trend reversal (counterproductive in a range !)
Heat Zone Relative Volatility Index 2.0v2 of Heat Zone RVI
• Updated aesthetics and added various alerts.
• The use of temperature descriptions with these Heat Zone scripts is more so metaphoric of the interpretations from what the RVI attempts to indicate primarily.
--- Due to the additions of the Overheated and Freezing Zones , the indicator-pane scaling is a little different from the original Heat Zone RVI .
Ex.)
--- If you like the scaling the way it was on v1, you can change it back by going into the settings , opening up the style page, and unchecking/turning off the Overheated Top Line as well as the Freezing Bottom Line . Otherwise, you can leave the settings be in regards to this matter.
Ex.)
Disclaimer : I am by no means a highly skilled or professional coder/programmer. I just enjoy dabbling and tinkering every now and again.
HOPE YOU ENJOY
Ichimoku + RSI Crypto trending strategyThis is a crypto trending strategy designed for big timeframes such as 3-4h+.
Its components are:
RSI
ICHIMOKU full pack
Heikin Ashi candles for logic calculation inside
Rules for entry.
For long : we have a long cross condition on ichimoku and price is above the ichimoku lines, and at the same time RSI value is > 50.
For long : we have a short cross condition on ichimoku and price is below the ichimoku lines, and at the same time RSI value is < 50.
Rules for exit
We exit whenever we receive an opposite signal of the initial entry.
SInce this strategy is using no risk management inside, I recommend to be careful with it .
If you have any questions, let me know !
Multi TimeFrame (MTF) Trend StrengthCalculate and display simple multi timeframe (3 timeframe) trend strength using heikin ashi.
MTF Heiken Ashi (No Repaint)Hi there. This indicator is inspired by Heiken Ashi MTF (by @jdmonto0).
The problem with that indicator was that it repaints and I tried to solve that.
I figured that the reason the other version repaints was because the heiken ashio calculation is based on the close of the candle, and since the higher timeframe candle hasn't closed yet, the value of previous candles on a lower timeframe can change.
This version bases the calculation on the previous bar, which solves the repainting problem.
Please tell me what you think about it.
HPT - Heikin-Ashi Price ToolThis overlay study can be used with an Heikin-Ashi chart and diplays the real prices for Heikin-Ashi candles as circles for each bar. If the real closing price of the bar is higher then the opening price, the circle has a green color, otherwise it is red.
Here you can see the overlay : COINBASE:BTCUSD
The follwing moving averages are added to the chart as well: SMA 20, 50, 200 and EMA 8 (for analyzing trend and support/resistance ). A background fill can be activated for the overall trend.
I recommend to lower the opacity for the bars so that you can better see the circles for the real prices.
MTF CandleLevelsIn the spirit of freedom from oppression on this day of July 4th, 2021 in the United States, I hereby release this flagship indicator "MTF CandleLevels" into the wild for any subscribing TV member on the planet to utilize. It's now one my few great gifts to the souls of humankind within the realm of trading on TV. TradingView continues to bless Pine Script by releasing supplemental upgrades, enough for me to develop this indicator beyond it's experimental phase to full potential, as I had always wished to design it from theory. Educationally while using it, you will witness how OHLC/HA candles are actually formed for charts. I like to think of it as a candle formation microscope anyone can learn from.
It is intended for any style of trading or skill level from newcomer to advanced. There are no requirements/prerequisites for you use it. Which means you don't have to wear a mouth muzzle, get multiple doses of the life endangering FrankenJabs, subserviently bow down to authoritarian demands of obedience, or learn the ancient mystical art of deception "Fau Chi" in order to employ it's inherent power. A little sprinkle of satire helps with a dry technical read :). You have the absolute freedom to utilize it any way you see fit! That's right, it's even your choice whether you use it or not. The unshackled empowerment of choice always equates to FREEDOM. I can't program these precious gems without it...
One thing you will have noticed is it's specifically published on a Heikin Ashi(HA) chart, while having immunity to the Heikin Ashi candle charts unique open/close behavior. This has been believed to be an impossibility until now. For members who don't know, HA candle charts have a different `open` and `close` from the `open` and `close` of the other ordinary OHLC candle charts. Regardless of "CandleLevels Mode" chosen in Settings, the indicator will display identical on either bar chart type, excluding Renko, Line Break, Kagi, Point&Figure, and Range candle charts of course. It's abilities supersede the simpler "Multi-Time Period Charts" built-in TV indicator with a completely different architecture. For those of you extremely curious about how I accomplished this indicators level of code complexity, it was immensely difficult taking over a year of effort for this one functional unit, and I will leave it at that...
This novel MTF technology displays OHLC/HA support and resistance levels that mimic the functionality of larger duration candle formations in real time. Basically explained, while charting on a shorter duration timeframe candle chart, you can see open, high, low, and close levels fluctuate in the larger duration timeframe. This reduces the need to jump back and forth to view price action on different chart sampling intervals. You may even use multiple sets of CandleLevels indicators over a wide variety of chosen timeframe options, along with everything else in between.
The CandleLevels behavior is chosen within the indicator "Settings" using a selection mode of either the standard OHLC candlestick formations or Heikin Ashi candlestick formations. Each mode has a multitude of uses depending on the users trading style or timeframe.
Visbility of CandleLevels will ONLY occur when it is set to a larger duration timeframe interval than the current chart sampling rate. For example, you may be using the 5 minute interval sampling rate on the chart, yet you can easily see the open, high, low, close ranges with a chosen 120 minute timeframe setting. The multiple time frame(MTF) settings are highly adjustable having intervals of seconds, minutes, days, a multiple of the chart interval, or the common input(type=input.resolution) function provided by Pine.
CandleLevels come with multiple color schemes to reduce color interference with other indicators in the overlay pane, including the intended use of multiple sets of CandleLevels. My basic color scheme selections can be overridden to choose any imaginable color you desire for your visual acuity. Also, there are additional controls available to fine tune a visually pleasing appearance depending on your preferences and viewable area. One last new hidden fine tune capability, not only for this indicator but all TV indicators, is the agility to use up/down arrow keys on the keyboard when an indicator setting is in focus after mouse selection. For example, when choosing line thickness, you can modify values/options by key stroke. Try it out, I'm sure you will find this useful for any indictor for eternity.
NOTICE: There is only 500 line drawings available, in total to display, at this current release. This equates to 83 sets of CandleLevels maximum.
Features List Includes:
Candle type selection
MTF controls for seconds, minutes, days, multiple-of, and TV input
Multiple color schemes with color overrides
Color opacity selector
Line thickness control
Enable/disable capable MTF interval display with positioning
When available time provides itself, I will consider your inquiries, thoughts, and concepts presented below in the comments section, should you have any questions or comments regarding this indicator. When my indicators achieve more prevalent use by TV members, I may implement more ideas when they present themselves as worthy additions. Have a profitable future everyone!
RISK DISCLAIMER:
My scripts, indicators, and studies are specifically intended for informational and educational use only. These use historical data points to perform calculations to derive real-time calculations. They do not infer, indicate, or guarantee future results or performance.
By utilizing this script/indicator/study or any portion of it, you agree to accept 100% responsibly and liability for your investment or financial decisions, and I will not be held liable for your subjective analytic interpretations incurring sustained monetary losses. The opinions and information visual or otherwise provided by this script/indicator is not investment advice, nor does it constitute recommendation.
HTF Candles by Prosum SolutionsOverview of Features
This indicator was inspired by the work of "informanerd" in the script called "HTF Candles" as well as the built-in script called "Multi-Time Period Charts" by TradingView. The script will provide a highly customizable interface to specify the higher timeframe resolution for the candlesticks, the type of candle, as well as various styling options for the body, borders and wicks.
Usage Information
The indicator can be applied to any chart at any time frame, but resolutions less than 1 minute may demonstrate gaps between bars and the candles may not render properly.
When the "Same as chart" option is chosen for the "Resolution" field, the indicator will attempt to find a higher timeframe resolution to ensure the candlesticks are drawn.
Enjoy! 👍
Awesome Heikin Ashi [Morty]This indicator uses Heikin Ashi candles and two EMAs to help you follow the trend and enter the trade. Heikin Ashi candles help to smooth the price and EMAs are used to detect trend. The default parameter of EMA is EMA10 and EMA20. You can use it at any timeframe. You should always adjust the EMA length according to different timeframes.
Features:
- Highlight background based on two EMAs
- Adjustable EMA length
- Adjustable Label size
- Show entry and exit signal labels
- Show stoploss price
- You can choose Long only or Short only or both signals
- Alert functions for notification
NOTE: If you use this signal to enter a trade, make sure the candle is close and enter in the next candle.
