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 relative strength of price movements but leave out the directionality of the price movements, best utilized in combination with other technical indicators – such as trend lines 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.
Hi @Aakashparikh787, can I use this please, I’ve also requested a access to your strategy
anupdharurkar
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i want use this
exodiacrypto
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Hey, im new to this and this is exactly what Im looking for - a heikin ashi based supertrend that will work on normal candles (since i have no clue how to make my api alerts understand which candles am i referring to), but i have no clue how to program it myself. Could you please share the code with me or let me use the indicator? Thank you.