Heikin Horizon v8.4 by haji

Heikin Horizon v8.4 by haji

Heikin Horizon v8.4 is an advanced, multi-timeframe TradingView indicator that integrates sophisticated Heikin Ashi analysis with dynamic pattern recognition, comprehensive backtesting statistics, and an intuitive trade helper module. Designed for advanced traders, this all-in-one tool provides a detailed, top‐down view of market trends alongside actionable insights to refine your trading strategy.

Key Features:

Multi-Timeframe Heikin Ashi Analysis:
Leverages Heikin Ashi data from a wide range of timeframes—from intraday (1-second, 1-minute, etc.) to daily charts—to offer a comprehensive picture of market momentum and trend direction.

Dynamic Trend Pattern Recognition:
Automatically identifies and displays current, previous, or custom candlestick patterns based on the color-coded Heikin Ashi candles. Visual trend squares and detailed tables help you quickly assess market conditions and potential shifts.

Robust Backtesting and Statistical Insights:
Runs extensive historical tests over user-defined samples, calculating key performance metrics such as win rate, expected value, average price change, and more. Detailed outcome tables break down all possible results, enabling you to evaluate the effectiveness of each pattern.

Comprehensive Trade Helper Module:
Provides trade direction bias (BUY/SELL) based on multiple factors—including expected move, win rate, profit factor, and trend consistency—while offering both manual and automatic risk management for setting stop loss and take profit levels.

Customizable On-Screen Display:
Multiple, configurable tables (pattern display, previous trends, multi-timeframe analysis, outcomes, detailed history, and trade helper) allow you to tailor the visual layout to your specific needs and preferred chart positions.

Access Control for Advanced Features:
A built-in locking mechanism secures advanced functionalities, ensuring that only users with the proper access password can activate sensitive settings.

How It Works:

Heikin Horizon v8.4 continuously processes Heikin Ashi data across multiple timeframes to generate a layered analysis of market trends. By comparing candle colors and patterns, it identifies consolidation areas and trend shifts, then quantifies these observations through rigorous backtesting. The resulting statistics—ranging from win rate and average candle sizes to expected move calculations—feed into a trade helper module that highlights potential trade setups and risk parameters, all displayed via customizable on-chart panels.

Whether you’re fine-tuning your short-term entries or developing a robust long-term strategy, Heikin Horizon v8.4 delivers an in-depth analytical framework to help you make more informed trading decisions.