An RSI can have any input, but most commonly used is the closing price. I thought it would be interesting to see if feeding the open high low and close information into the RSI to make RSI candles, if there are candlestick formations that can be recognized or possible patters in wicks. To make it smoother there also is the option to turn the RSI candles into...
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.
This is a script to place Heiken Ashi candles on your chart alongside another candle type or more importantly, using the variables from this script, you can build a strategy using Heiken Ashi candles that will depict true/proper entries and exits in a strategy when using the backtest feature. We hope this helps!
I originally wrote this script earlier this year for my own use. This released version is an updated version of my original idea based on more recent script ideas. As always with my Alert scripts please do not trade the CALL/PUT indicators blindly, always analyse each position carefully. Always test indicator in DEMO mode first to see if it profitable for your...
This is an updated and final version of this indicator. This version distinguishes between the true Harami and the other Doji candlestick patterns as used with the Heikin Ashi candle charts. These candle patterns indicate a potential trend reversal or pullback. The patterns identified are: - Bearish Harami (Red Highlight above Bar): One to three...
This can be used to trigger an alert if Heikin Ashi bar changes color :)
When apply a strategy to Heikin Ashi Candle chart (HA candle), the strategy will use the open/close/high/low values of the Heikin Ashi candle to calculate the Profit and Loss, hence also affecting the Percent Profitable, Profit Factor, etc., often resulting a unrealistic high Percent Profitable and Profit Factor, which is misleading. But if you want to use the HA...
With the same idea of the VPSA i make the VPSA2 to make Heiken Ashi style synthetic graph of the price and the volume effect, its easy to see the volume trends. Each instrument have a more clear time frame to see the volume patterns. I see very useful like a secondary analysis layer. in the graph show the same RSI with price and VPSA2 like source. Can use...
150924 - v3.0 This script is a complete rewrite of the previous version here . It gathers market data from up to 8 different Bitcoin exchange pairs (8 is maximum due to script limitations).The influence of each single exchange can be customized individually, default is 50% for 0-fee exchanges, 10% for futures and 100% for all others. For each single exchange a...
Heikin-Ashi Paint Bars. Paints Candlesticks or OHLC Bars The Exact Same as Traditional Heikin-Ashi Bars
Created By Request for lucalucious Allows for EMA Smoothing with different values for Up and Down Trend. Ability to Plot EMA to see Trend Filter