OPEN-SOURCE SCRIPT
Hybrid Heiken Ashi
This indicator displays real price candles colored by Heiken Ashi trend direction, giving you the noise reduction benefits of HA without the price distortion.
Key Features:
Real candles with HA-based coloring (see actual price action with trend smoothing)
Gradient coloring based on trend strength (darker = stronger trend)
Optional HA close line overlay
Transition markers when HA flips bullish/bearish
Higher timeframe HA background for multi-timeframe confluence
Optional HA ribbon (HA close vs HA EMA)
Info panel showing current HA status, strength, and HTF alignment
Built-in alerts for HA transitions and timeframe alignment
Use Case:
Ideal for traders who want Heiken Ashi's trend-following benefits without losing sight of real price levels for entries and exits. The strength gradient helps identify conviction moves vs weak trends. HTF background helps avoid counter-trend trades.
Settings:
All visual elements are toggleable. Customize colors, choose your higher timeframe, and enable only the features you need.
Key Features:
Real candles with HA-based coloring (see actual price action with trend smoothing)
Gradient coloring based on trend strength (darker = stronger trend)
Optional HA close line overlay
Transition markers when HA flips bullish/bearish
Higher timeframe HA background for multi-timeframe confluence
Optional HA ribbon (HA close vs HA EMA)
Info panel showing current HA status, strength, and HTF alignment
Built-in alerts for HA transitions and timeframe alignment
Use Case:
Ideal for traders who want Heiken Ashi's trend-following benefits without losing sight of real price levels for entries and exits. The strength gradient helps identify conviction moves vs weak trends. HTF background helps avoid counter-trend trades.
Settings:
All visual elements are toggleable. Customize colors, choose your higher timeframe, and enable only the features you need.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.