OPEN-SOURCE SCRIPT
Updated Heikin Ashi Shotgun
This indicator uses the Heikin Ashi Candles, MA, and Price Rate of change to detect the Trend.
It actually works by testing the breakout of the Heikin Ashi above the Moving average and decides according to the Price Rate of Change for a possible Trend.
It actually works by testing the breakout of the Heikin Ashi above the Moving average and decides according to the Price Rate of Change for a possible Trend.
Release Notes
Added Sensitivity to ROCRelease Notes
Added DescriptionRelease Notes
Chart UpdateRelease Notes
Adjusted Sensitivity input to show on the topRelease Notes
Adjusting imageOpen-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.