OPEN-SOURCE SCRIPT
Heikin Ashi Signals with Positions -Suraj
// Signal Conditions
newBuySignal = not inBuy and not inShort and haClose > haClose[1]
newSellSignal = not inShort and inBuy and haHigh < haHigh[1] and haLow > haLow[1] // Inside Candle
newShortSignal = not inShort and not inBuy and haOpen == haHigh
newCoverSignal = inShort and haClose > haHigh[1]
newBuySignal = not inBuy and not inShort and haClose > haClose[1]
newSellSignal = not inShort and inBuy and haHigh < haHigh[1] and haLow > haLow[1] // Inside Candle
newShortSignal = not inShort and not inBuy and haOpen == haHigh
newCoverSignal = inShort and haClose > haHigh[1]
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 publication is governed by House rules. You can favorite it to use it on a chart.
Want to use this script 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.