DreamsDefined

Real Price for Heikin Ashi Charts

The indicator is in the top left of the screen! That's all there is, by design.

This is a super simple indicator that allows you to see what the real price of a candle was when using Heikin Ashi charts, while not cluttering up your screen.

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.

There's nothing plotted on the screen given that there's no real point in it, but you can make the lines appear if you wish - just go into settings and change the transparency.

The order of the numbers on the indicator match the OHLC (Open, High, Low, Close) format.

There's also settings to turn off one or more of the OHLC values, simply open the settings and go to Inputs. This could be useful for some people, as the High and Low values of HA candles are the same as regular candles. Only the Open and Close are different.

Any queries let me know.

DreamsDefined
הסר מסקריפטים מועדפים הוסף לסקריפטים מועדפים
Very helpfull - Thanks!
השב
Very useful and practical indicator. You made my life way easier ;)
+1 השב
@cosimo86, Great to hear! Glad it's helped :)
השב
Thanks mate, this really helps with backtesting HA strategies. I changed your script to plot just the close price of each candle over the HA candle.
+1 השב
DreamsDefined MattBritain
@MattBritain, Great! Glad it was useful for you :)
+1 השב
Genius!
+2 השב
mikehenschke mikehenschke
.... and Thank you. Can't wait to check this out.
+1 השב
DreamsDefined mikehenschke
@mikehenschke, Thanks! Hope it's useful for you :)
השב
בית סורק מניות סורק מט"ח סורק מטבעות-קריפטו יומן כלכלי סדרות איך זה עובד‏ תכונות גרף מחירון חוקי הבית מנהלים כלים לאתרים וברוקרים יישומונים פתרונות גרפיים ספריית גרפים קלי משקל מרכז תמיכה הפנה חבר בקשת פונקציה בלוג וחדשות שאלות נפוצות ויקי טוויטר‏
פרופיל הגדרות פרופיל חשבון וחיוב הפנה חבר לשוניות התמיכה שלי מרכז תמיכה רעיונות שפורסמו עוקבים עוקב אחרי... הודעות פרטיות צ'אט התנתק