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[RESEARCH] Heikin-Ashi Chart Identifier

everget Wizard  
Candlestick Analysis heikin heikinashi heikin-ashi heikin-ashi-chart heiken-ashi heikenashi heiken
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candlestick heikin heikinashi heikin-ashi heikin-ashi-chart heiken-ashi heikenashi heiken
A deterministic approach to identify Heikin-Ashi chart type.

The script checks the next statements about HA:
  • HA chart does not have any gaps in a classic sense
  • Every new HA open price is calculated using a specific recurrence formula. This fact also means that initial HA open price is used to calculate all the next and so on (a construction of Infinite Impulse Response filters)

The script works correctly being applied to other chart types:

Classic Candlestick
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Range Bars
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Line Break
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Traditional Renko
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ATR Renko
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Traditional Point-and-Figure
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ATR Point-and-Figure
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Kagi
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For special ones: this code allows you to check whether your script is being executed with Heikin-Ashi candles or not inside your script.

Ev sistr 'ta Laou!
Freelance -> Telegram: @alex_everget

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Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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