Heikin Ashi charts are similar to candle charts, but the main difference is that a Heikin Ashi chart uses daily price averages to show the movement of the average price of an asset.
The idea is to use the heikin Ashi technique as an indicator and not as the main chart, to avoid enter or exist the market too late.
Key concepts:
- The averaged open and close help...
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! ->
Hi guys, to celebrate the beginning of a new altcoins cycle, I created a Swing trade Indicator. (It's a joke, there will not be any altcoins cycle)
Cyatophilum Heikin Ashi Swing
This indicator will allow us to create one strategy for each pair and never miss those big swings ever again!
HOW BEAT BUY & HOLD WORKS
This kind of strategy is a safe long term...
Hi guys, to celebrate the beginning of a new altcoins cycle, I created a Swing trade Indicator. (It's a joke, there will not be any altcoins cycle)
Cyatophilum Heikin Ashi Swing
This indicator will allow us to create one strategy for each pair and never miss those big swings ever again!
HOW BEAT BUY & HOLD WORKS
This kind of strategy is a safe long term...
Heiken Ashi candles help us to identify a trend.
This strategy simply enters a long when the Heiken Ashi candles turn green and a short when they turn red.
Because of the way BTC price moves in medium term trends, this simple strategy seems effective.
There is a rate of change function applied to avoid some of the choppy sideways action (thanks again to...
For all candle analysis enthusiasts out there, this is my cutting edge "4K+ Candlestacks/ColumnCandles Plus Perks" that I spontaneously invented long ago. Just when you may have thought it was the end of the evolutionary line for candle technology, it's not! There are candlesticks and now "candlestacks". Your eyes are presently gazing upon a NEW candle type...
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.
Grid Range Finder w/Fib + Trend Dots
This indicator is ideal for traders pursuing a GRID TRADING strategy. While it is true that the trading process is typically automated , the first and most important step is to find a sideways, consolidating, ranging or slowly upward trending market. There are GRID TRADING tutorials I've published (linked below) that go...
A viable and workable concept of chart type identification using Pine Script.
Was wollen wir trinken , sieben Tage lang
Was wollen wir trinken, so ein Durst!
Was wollen wir trinken, sieben Tage lang
Was wollen wir trinken, so ein Durst!
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...
True-Price DOTS for Heikin Ashi (open/close/current)
USE:
Must Set Tradingview Candle Type to Heikin Ashi.
Works on all Timeframes and symbols.
BENEFITS:
Helps keep you aware of the actual price action as you trade and historically by adding subtle DOTS and step-lines over your Heikin Ashi candles. With this indicator, you can benefit from the price...
This is a custom High Time Frame indicator, originally created by JustUncleL. 💚
I have edited the Pine Script to allow a custom Time Period input. 💛
In the original version, you could only select from a few time periods as your High Time Frame. 💙
In this version you can put any time frame as your reference. 🧡
Example: 6-hour HTF or 2-Day HTF
SOMMI'S SPECIAL...
Trading Divergence based on Momentum (Indicator below), If you want to make this a strategy i would use all those indicators above for extra confirmation.
"Momentum Divergence" indicator includes the following:
-"Momentum Waves" (blue waves)
-"Stochastic RSI" color change (green/red lines)
-"RSI" (purple line)
-"Money Flow Index" (green/red bar below)...
This script colors standard candles or bars according to the Heikin Ashi trend at that time. (Timeframe is adjustable)
tips are always welcome at: 38uGQJDDZDL6wX48x4gYTccPeQ3ZHVYmY4 (btc)
I hope you enjoy the script :)
![ETHBTC: Cyatophilum H.A. Swing [BACKTEST]](https://s3.tradingview.com/z/Zw9WFlzM_mid.png "Cyatophilum H.A. Swing [BACKTEST]")
![ETHBTC: Cyatophilum H.A. Swing [ALERT SETUP]](https://s3.tradingview.com/e/EoxkYUoY_mid.png "Cyatophilum H.A. Swing [ALERT SETUP]")
![AAPL: [RESEARCH] Chart Type Identifier](https://s3.tradingview.com/8/8xCRJkGR_mid.png "[RESEARCH] Chart Type Identifier")
![AAPL: [RESEARCH] Heikin-Ashi Chart Identifier](https://s3.tradingview.com/e/eLWj8OiC_mid.png "[RESEARCH] Heikin-Ashi Chart Identifier")
![XBTUSD.P: HTF Candle [Custom Time Period] by JustUncleL [SOMMI 1.0 edit]](https://s3.tradingview.com/j/jYA6d4bg_mid.png "HTF Candle [Custom Time Period] by JustUncleL [SOMMI 1.0 edit]")
