PROTECTED SOURCE SCRIPT
Updated Heikin Ashi + EMA9 / DEMA9

This indicator combines Heikin Ashi candles with a trend-following moving average system.
You can choose between EMA9 or DEMA9 as the active average.
Only the selected average is displayed, and its color changes dynamically:
Green when the trend is up
Red when the trend is down
Arrow signals are fully customizable:
Show arrows on EMA/DEMA trend changes, or
Show arrows on Heikin Ashi color changes
This allows the indicator to be used both for trend trading and momentum-based strategies, while keeping the chart clean and free of conflicting signals.
Designed for clarity, flexibility, and practical trading use.
You can choose between EMA9 or DEMA9 as the active average.
Only the selected average is displayed, and its color changes dynamically:
Green when the trend is up
Red when the trend is down
Arrow signals are fully customizable:
Show arrows on EMA/DEMA trend changes, or
Show arrows on Heikin Ashi color changes
This allows the indicator to be used both for trend trading and momentum-based strategies, while keeping the chart clean and free of conflicting signals.
Designed for clarity, flexibility, and practical trading use.
Release Notes
This indicator combines Heikin Ashi candles with a trend-following moving average system.You can choose between EMA9 or DEMA9 as the active average.
Only the selected average is displayed, and its color changes dynamically:
Green when the trend is up
Red when the trend is down
Arrow signals are fully customizable:
Show arrows on EMA/DEMA trend changes, or
Show arrows on Heikin Ashi color changes
This allows the indicator to be used both for trend trading and momentum-based strategies, while keeping the chart clean and free of conflicting signals.
Designed for clarity, flexibility, and practical trading use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.