Heatmap trending MalaysiaThis heatmap chart is created base on Heikin Ashi trend for Malaysia Major Index
CONSTRUCTN ,TECHNOLOGY,FINANCE,CONSUMER,PROPERTIES,IND-PROD,PLANTATION,REIT.
This allow compare to malaysia stock for macro trending.
Lastly ,thank to LonesomeTheBlue which inspire me for this coding .
Heikin
Heikin-Ashi Source FunctionCustom source function for toggling traditional Candle sources or Heikin-Ashi sources on a traditional Candles chart.
Thanks to PineCoders for rounding method: www.pinecoders.com
Thanks to @LucF and @RicardoSantos for their advice and enlightenment as always.
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!
Pivot Points Standard Asian RangeThis script is a trend following template for intraday trading. When the moving averages cross, you get your signal to look for buy/ sell trades only. wait for price to pullback before entering for continuation trades. Can be used for counter trend trading strategy as well. Best used with heiken-ashi candles.
Briz HA MTF - A Heikin-Ashi Multi-Timeframe Indicator Ever wanted to know what Heikin-Ashi candles are showing for multiple time frames at a glance? Adjustable time frame for each row. Arrows show when each column is either all green (white up arrow) or all red (yellow down arrow).
Smooth HA / Hull MA / MTF===========
Smooth HA / Hull MA / MTF
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A combination of a Smoothed Heikin Ashi Chart Line and a Hull MA Line, paints a "Long" or "Short" alert when the Hull MA changes color - editable settings for the smoothing of HA data and Hull MA Length; you can also change the time frame used (must be the same or longer as the chart).
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This indicator does a real good job at finding highs and lows (otherwise known as entry and exit points!) picking up on just about every large, decent swing and making the most from those big moves! The disadvantage of all Smoothed HA strategies are when times are choppy or ranging - given the natural lag of the indicator you can be sure in choppy times you'd be buying at the top and selling at the bottom almost every time ~ No indicator is perfect!
This Smooth HA/Hull MA indicator also has a built in MTF function (Multi-Time-Frame). This means you can be using a 1hr chart and set the indicator to a 4hr chart - generally any movements on a greater time frame will overcome any movements of the smaller time frame, so this is where you should be gathering data about which direction the market is moving - as always, follow the trend.
Hope (like always) this is of at least some use to some people.
Good Luck and Happy Trading!
Heikin Ashi With Moving Averages This script is using 4 moving averages, 2 for short term movements, and 2 for long term movements.
Used on Heikin Ashi will help identify short term that is true short term, and Short Term that will most likely turn into a long term trend.
color coded candlesticks will identify if the price action is low in RSI or STOCH. colors can be changed in settings
If you need help understanding the settings let me know ill help you just post the question
You will need to add Heikin Ashi on your chart to get the full effect of this script. Nevertheless, you can use it on traditional candlesticks
Supertrend MTF Heikin AshiThis is non-repaiting Supertrend Multi Time Frame script, uses Heikin Ashi Candles as source on normal chart
There is an option for Higher Time Frame. if you choose "Auto" then Higher Time Frame calculation is made by the script. If you choose "User Defined" option and then you can select Time Frame.
You better use this script with other indicators such as RSI, Momentum etc.
Enjoy!
[TVExtBot]HeikinAshi Trend Indicator v1.0Heikin-ashi Trend Indicator v1.0
BYBIT:BTCUSD
This indicator analyzes trends with Heikin-ashi Ass and EMA to buy and sell, and closes positions by analyzing patterns of Bollinger bands and candles.
The numbers at the top and bottom of the indicator are the RSI values.
Only overbought 30 or less and oversold 70 or more are displayed.
이 지표는 하이킨아시와 EMA로 트랜드를 분석하여 매수와 매도 진입을 하고 볼린저밴드와 캔들의 패턴을 분석하여 포지션종료를 합니다.
지표의 상단과 하단에 표시된 숫자는 RSI값입니다.
과매수 30이하와 과매도 70이상만 표시합니다.
BERLIN CandlesA problem with Heikin Ashi is that while it gives you a great overview of overall direction, it is rarely possible to use it as a replacement for normal japanese
candlesticks. The reason for this is that actual price data is lost, since the candles are more akin to a moving average than a different way to see price action. Also, with Heikin Ashi, most of the actual price action is lost, because the candles can be bigger than the high and low of the underlying japanese candlestick.
With BERLIN Candles I have tried to fix that problem. By using a smoothed out version of the previous Heikin Ashi candle close as the current BERLIN Candle open, the high and low of the actual japanese candlestick for the high and low of the BERLIN Candle, and the current Heikin Ashi close as the BERLIN Candle close, while setting hard limits for BERLIN Candle open and close values so that they can never exceed the high and low of the underlying japanese candlestick.
One problem still persists though. The actual current price data is lost. However, the BERLIN Candles have solved this by adding a fifth part to the candles. The close of the underlying japanese candlesticks are indicated with a plus-sign. This way, actual price data is never lost, while keeping all of the other benefits of this type of candles.
A few added bonuses:
The addition of the 14 period ATR at the latest candle
The baseline from Ichimoku is included as an option
The 14 period ATR value of each candle can be seen in the indicator data as
the orange value
Trendy Bar Trend ColorTrendy Bar Trend Color
Inspired by trend candlestick charts on other trading platforms. Changes bar colors to stay in trend much like Heikin Ashi candles without the ATR price distortion. This is done by comparing the HL2 and/or Open-Close values of current candlestick to the prior candlestick.
SBER HA Smooth ContainerSBER's modified Heikin Ashi Smoothed Container
Uses EMA 16 and Heikin Ashi Candles.. For NIFTY and its stocks only.
Heiken Ashi Triangles at the Top and Bottom of ScreenHeiken Ashi Triangles at the Top and Bottom of Screen
The image below shows the comparison to actual Heiken Ashi candles
(Though changing from candles to Heiken Ashi tends to smooth the triangles a little)
Real Candles Heikin Ashi (HA) Candle functionsThis script plots both real and HA candles regardless or which are used on the chart in TV settings.
(and has the functions for you to use.)
Lots of people seem to misunderstand backtesting (or scam people) based on HA candles.
Backtesting with HA candles leads to impossible trades. ALWAYS backtest with real candles.
That doesn't mean you might not want to look at HA candle values to make trading decisions.
Add the code below to calculate HA candles from real and use that in your HA trading algo,
but test it on real charts.
QuantNomad - Heikin Ashi Colors Higher TimeframeSimple script displaying color of Heiken Ashi candles from higher timeframes as a background.
Heiken AshiHeikin 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 filter some of the market noise, creating a chart that tends to highlight the trend direction better than typical candlestick charts.
- The downside is that some price data is lost with averaging. The most recent price (close) may not reflect the actual price of the asset, which could affect risk.
- Long down candles with little upper shadow represent strong selling pressure. Long up candles with small or no lower shadows signal strong buying pressure.
Extra functions in this indicator:
- Trend Bar indicator, uptrend(green), downtred(red), warning or indecision (yellow).
- Long and Short Labels base on trend and Heikin Ashi entries.
- Change the color of the main chart Candlesticks as the Heikin Ashi indicators.
- Alerts for long and short entries.
- Size of Labels.
Heiken-Ashi CandlesSimple 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! ->
Cyatophilum H.A. Swing [ALERT SETUP]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 investment , usually played in high timeframes such as 4H, 1D etc.
It is perfect for beginners in trading as the process is very simple: buy and sell when you receive the alert. The high timeframes allows to trade manually by receiving alerts on your phone or email, but you also can automate it if you prefer.
The primary goal of these strategies is to increase your capital faster than someone simply holding the asset .
The trades are made with no leverage and 100% equity . It is for those who want to grow their portfolio fast without risking to lose everything. You can use several strategies at once, in this case split your equity accordingly.
HOW DOES IT WORK?
The Heikin Ashi candles are very usefull. This strategy is built upon H.A. candles but is used on normal candles, because H.A. candles price are an average of real candles and we want to know the real price. I did the trick by recalculating the H.A. open, high, low and close with the original formula based on the real candles's ohlc. This allows me to use the strategy tester and backtest with real results.
HOW TO USE
Creating a signal is as simple as adding the indicator called to your chart and click "Set alert". Select "Once per bar close" for your alert options.
There are 3 alerts:
- BUY
- SELL
- BUY OR SELL (for free TV users)
Sample Backtest results
Bitcoin/Dollar
Ethereum/Bitcoin
Basic Attention Token/Bitcoin
> > Start using the indicator now < <
Note: This version is the ALERT SETUP. You can find the Backtest version on my profile scripts.
4K+ Candlestacks/ColumnCandles Plus PerksFor 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 intended for destiny well into the 21st century and onward to support much higher graphics resolutions including 4K, 8K, 16K+ yielding enhanced chart analytics. With extremely high resolution display technologies arriving within the affordable range, having thin 1 pixel wide traditional candle wicks are going to become more and more visually apprehensible. Particularly for folks with a visual acuity that is not par at 20/20 or have some degree of color blindness, the candlestacks have a "large" amount of different color schemes to select from.
"Candlestick charts" are suspected to have been invented by Munehisa Homma well over 200 years ago. We have been using technology that is older than the age of distributed electricity and the modern car combined with billions at stake, hour to hour of each day. While candlesticks are effective, by having an abundance of computing power, the old candlestick wick width is becoming indistinguishably lost in the fog of a plenitude of plots. After a short time of contemplating about it linguistically in Pine Script, I arrived at a eureka moment having an actual working candle that was entirely novel. However, I didn't want to stop there. It required color finesse for diagnosed visual impairments combined with methods such as Heikin Ashi variants. My intention while inventing this was to provide the ultimate experience in candle technology that could potentially exist.
"Candlestacks" are just like the original OHLC candlesticks, however the "wick" portion is more like a column displaying visually increased situational awareness. Immediately at first sight, I originally conceived of the name "ColumnCandles" upon initial inspection of the plot, being it was remarkably similar to overlapping column charts I have been seeing for years with data metrics. In my attempt to formulate a worthier name, I noticed their appearance looks like stacks of blocks. Stacks, sticks, it sounded rhythmically sweet. I decided candlestacks would be a more appropriate name for this candle type distinguishable from candlesticks, but all to similarly sounding. I am hopeful I chose candlestacks as a fitting name that the rest of the world may come to appreciate one day when the planet is powered by nuclear "compact fusion" reactors and everyone has personal aerial transportation availability. "Candlestacks" vs "ColumnCandles", leave your opinion below in the comments if you are compelled to do so, providing a consensus. I respect your opinion either way...
Heikin Ashi, with it's advantages of identifying current short term trends, seemed worthy of inclusion, so I decided to expand on candlestacks with three different formulations to select from, including a fourth OHLC basic type. There are two distinct methods of Hieken Ashi employing pre-smoothing and post-smoothing techniques, each of which having capabilities of using different smoothing filters that are selectable.
Other features include a brightening option for the first descending candle which is best suited while using Heikin Ashi. The candlestacks wick transparency is independently controllable. Descending candlestacks have a darker wick than the ascending kind. With the Heikin Ashi smoothing techniques, I included a selection to see traditional candlestick wicks in a supplementary fashion. Also, there is an option to control the amount of candlestacks that are displayable. This is also a multicator including my "SWIFT Moving Average Crossover", which is complimentary to the candlestacks, especially in one of the Heikin Ashi modes. This moving average crossover(MAC), having multiple color schemes, limits the divergences between the leading and lagging lines. Of notable mention, the crossover dots on the SWIFT MAC you see, are actually one bar late. Lastly, with this flagship indicator, I included a multi-color "neon source" line to view close, hl2, etc... in combination with the candlestacks yielding the best of both worlds selectively. Any one of the individual indicators may actually be enabled/disabled independently. Being this is an overlay chart, I "may" include other overlay indicators in the future where they provide an added benefit to what is already included.
I provided multiple color schemes for those of you who may have color blindness vision impairments. You may contact me in private, if these color schemes are not suitable for your diagnosed visual impairment, and you wish to contribute to seeing the color schemes improved along with other future indicators I shall release.
I.P.O.C.S.: "Initial Public Offering Clean Start" proprietary technology. Firstly, many of my other indicators already possess this capability. It allows suitable plotting from day one, minute one of IPO, remedying visually delayed signal analysis. It's basically accurate plotting from the very first bar (bar_index==0) on Tradingview. If you don't know what this is, most people don't, go back to the VERY beginning of any stock on the "All" chart and compare it to other similar indicators. What's so special about this? It is extremely difficult to get a healthy plot from bar_index==0 on any platform. However, I have become exceedingly talented performing this feat in most cases, but not all depending on the algorithm. This indicator is a successful accomplishment implementing IPOCS. It's inherent value is predominantly for IPO traders who in the past have had to wait 20, 50, and 150 bars before they obtain a precise indicator measurement for the simplest of algorithms in order to make a properly informed decision to potentially invest in an asset. How is this achieved? It's a highly protected secret of mine... but I will say I rarely use Pine built-in functions at all. When I do, I use them scarcely due to currently existing Pine language limitations.
Features List Includes:
I.P.O.C.S.(Initial Public Offering Clean Start) Technology
Enable/disable dark background for enhanced visibility
Color schemes for individual indicators
Controls for Heikin Ashi candlestacks smoothing
Historical bar controls
"Neon Source" options
Many, many more previously described...
This is not a freely available indicator, FYI. To witness my Pine poetry in action, properly negotiated requests for unlimited access, per indicator, may ONLY be obtained by direct contact with me using TV's "Private Chats" or by "Message" hidden in my member name above. The comments section below is solely just for commenting and other remarks, ideas, compliments, etc... regarding only this indicator, not others. When available time provides itself, I will consider your inquiries, thoughts, and concepts presented below in the comments section if you do have any questions or comments regarding this indicator. When my indicators achieve more prevalent use by TV members, I will implement more ideas when they present themselves as worthy additions. As always, "Like" it if you simply just like it with a proper thumbs up, and also return to my scripts list occasionally for additional postings. Have a profitable future everyone!
Smooth HA Candles MTF v1So this is last version of HA
this one has all MA type to choose from and MTF
HA Candles MTFJust try to make non repainting MTF candles
cross over of open and close , seen by small triangles
HeikinAshi - Candlestick % Difference 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.