hi friends....publishing supertrend heikin ashi indicator. which shows the movement of price over time and how strong those movements are/will be, regardless of the direction the price moves, up, or down. Indicator specifically useful, as it helps traders and analysts spot points where the market can and will reverse by providing signals long (buy) and short (sell). Show the of price movements but leave out the directionality of the price movements, best utilized in combination with other technical indicators – such as and moving averages – which show price trends and directions. Having an alert feature to make aware market players from signals provided by indicator.
HA charts are a great way to help those who can be spooked by the chaos of the markets (I'm one!), but they have a big drawback in that the price you see on a HA candle is often significantly different from the real price that you would trade on. This brings issues of unrealistic expectations of profits/losses, and also makes back testing a strategy very difficult. I still wouldn't recommend ever using TradingView's "strategy" tool when using HA charts, but using this indicator you can do accurate manual back tests.
This uses Heikin Ashi Candles as source on normal chart..dont use it on heikin ashi chart
There is an option for use normal japanes candle supertrend..so we can compare how this heikin ashi prevent false trades.
if u want to use this indicator u can message me
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact Aakashparikh787 for more information, or follow the author's instructions below.
TradingView does not suggest paying for a script and using it until you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Public Library.
Warning: please read before requesting access.