OPEN-SOURCE SCRIPT
KANNADI MOHANRAJA SCALPING INDICATOR
This indicator is designed by Kannadi Mohanraja to help traders visually identify uptrend conditions using 3-minute Heikin Ashi candles only.
🔍 Concept:
Heikin Ashi candles smooth price movements and help traders identify the market direction clearly.
When a Heikin Ashi candle closes above its open (green candle), it indicates potential bullish momentum.
⚙️ How it Works:
The script requests Heikin Ashi data from the 3-minute timeframe.
When the Heikin Ashi close price is greater than the open, it highlights the background in green to signal a potential uptrend.
A small “BUY” triangle appears below bars during these uptrend phases.
🧠 Purpose:
This script helps traders quickly recognize uptrend phases visually without using multiple indicators.
It’s ideal for scalpers and short-term traders who use Heikin Ashi charts for smooth price action confirmation.
⚠️ Note:
This indicator uses only Heikin Ashi candles — no other indicators are included.
Works best on charts set to 3-minute timeframe.
Use this as a visual guide, not as standalone trading advice.
#HeikinAshi #Uptrend #KannadiMohanraja #PineScriptV6 #Scalping
//version=6
// © Kannadi Mohanraja
// This script is open-source and free to use for educational and analytical purposes.
// You may copy, modify, or share it with proper credit to the original author.
// Not intended as financial advice. Use at your own risk.
🔍 Concept:
Heikin Ashi candles smooth price movements and help traders identify the market direction clearly.
When a Heikin Ashi candle closes above its open (green candle), it indicates potential bullish momentum.
⚙️ How it Works:
The script requests Heikin Ashi data from the 3-minute timeframe.
When the Heikin Ashi close price is greater than the open, it highlights the background in green to signal a potential uptrend.
A small “BUY” triangle appears below bars during these uptrend phases.
🧠 Purpose:
This script helps traders quickly recognize uptrend phases visually without using multiple indicators.
It’s ideal for scalpers and short-term traders who use Heikin Ashi charts for smooth price action confirmation.
⚠️ Note:
This indicator uses only Heikin Ashi candles — no other indicators are included.
Works best on charts set to 3-minute timeframe.
Use this as a visual guide, not as standalone trading advice.
#HeikinAshi #Uptrend #KannadiMohanraja #PineScriptV6 #Scalping
//version=6
// © Kannadi Mohanraja
// This script is open-source and free to use for educational and analytical purposes.
// You may copy, modify, or share it with proper credit to the original author.
// Not intended as financial advice. Use at your own risk.
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。