This "simple" strategy of crossing EMAs + SMAs based on Heikin Ashi candles data presents a very good result as a signal or automated trading. You should try it out.
If you like, I would appreciate a "thumbs up" in my profile @agbarbosa.
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! ->...
You can use this script to backtest Heikin-Ashi bar color change strategy.
You have to apply this script to usual candles and not Heikin-Ashi!!!
Background color indicates HA bar color. On change you'll see green/red arrows and alert will be fired.
Also you can find in the code calculations of all HA OHLC values.
Heiken 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)
"Heikin-Ashi, also sometimes spelled Heiken-Ashi, means "average bar" in Japanese. The Heikin-Ashi technique can be used in conjunction with candlestick charts when trading securities to spot market trends and predict future prices. It's useful for making candlestick charts more readable and trends easier to analyze. For example, traders can use Heikin-Ashi charts...
To display the Heikin Ashi candle direction on your normal chart, using this script is better than switching between layouts. It includes different display modes so that you can use it alongside other indicators without clashing visually (bar colour/plotted shapes/shapes on flip only), and alerts on changes in direction. Many scripts include some or other of these...
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...
This mixes Heiken-Ashi with regular candles by adding blue candle to regular candles. A blue candle appears anywhere that you are going from red Heiken-Ashi to green Heiken-Ashi. Also, black candles appear anywhere that you are going from green Heiken-Ashi to red Heiken-Ashi.
Hi there. This indicator is inspired by Heiken Ashi MTF (by @jdmonto0).
The problem with that indicator was that it repaints and I tried to solve that.
I figured that the reason the other version repaints was because the heiken ashio calculation is based on the close of the candle, and since the higher timeframe candle hasn't closed yet, the value of previous...
Overview of Features
This indicator was inspired by the work of "informanerd" in the script called "HTF Candles" as well as the built-in script called "Multi-Time Period Charts" by TradingView. The script will provide a highly customizable interface to specify the higher timeframe resolution for the candlesticks, the type of candle, as well as various styling...
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).