TraderHalai

Smoothed Heikin Ashi Trend on Chart - TraderHalai

This indicator is a predictive tool using Heikinashi to calculate shifts in trade direction.

It works by reverse-engineering the regular candle stick closing price required, to flip the Heiken Ashi candle from Red to Green and vice-versa.

Below, is an earlier indicator that I released and created. This plots this price as an oscillator, which allows traders to get a predictive indicator of a trend change.


This indicator extends upon this functionality by adding a smoothing function to the reverse-engineered regular candle stick closing price, to reduce the choppiness of signals. It also plots the indicator on the chart to allow for easier visual confirmation.

How to use

1) As a directional bias - Bullish or bearish
2) Volatility expansion/contraction - further distance from line means volatility expansion - am planning to release an oscillator version also
3) Trailing stop loss - once you are in a trade

Other Features
  • Select a moving average period and smoothing calculation method (e.g. SMA / EMA )
  • Non-repaint mode for backtesting and use/integration with higher timeframes

Final note - Open Source

I am releasing this as open-source for the benefit of the community and to allow further development, scrutiny and criticism. Please feel free to use this indicator as you see fit. If you do use this indicator to create another script, feel free to drop me a note, as I would be highly interested in your idea.

Thanks, and Enjoy!
Catatan Pelepasan: Added some spicy smoothing options for Hull Moving Average, Volume Weighted Moving Average and RSI moving average
Catatan Pelepasan: Enjoy :)
Catatan Pelepasan: : Update info box text to include volatility to assess trend strength
Catatan Pelepasan: Cleanup
Catatan Pelepasan: Add back in smoothing methods
Catatan Pelepasan: Add back in smoothing method drop down
Skrip sumber terbuka

Dalam semangat TradingView yang sebenar, penulis skrip ini telah menerbitkannya dengan menggunakan sumber terbuka supaya pedagang-pedagang dapat memahami dan mengesahkannya. Sorakan kepada penulis! Anda dapat menggunakannya secara percuma tetapi penggunaan semula kod ini dalam penerbitan adalah dikawalselia oleh Peraturan Dalaman. Anda boleh menyukainya untuk menggunakannya pada carta.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.

Ingin menggunakan skrip ini pada carta?