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HEIKIN ASHI COLOUR CHANGE ALERT

This can be used to trigger an alert if Heikin Ashi bar changes color :)
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 a publication is governed by House Rules. You can favorite it to use it on a chart.

Want to use this script on a chart?
study("HEIKIN ASHI COLOUR CHANGE ALERT")

haclose = ((open + high + low + close)/4)
haopen = na(haopen[1]) ? (open + close)/2 : (haopen[1] + haclose[1]) / 2

UP = haclose > haclose [1]? 0:1
DOWN =  haclose <= haclose [1]? 1:0

plot(UP)
plot(DOWN)

Comments

hi thank you for the good work. i'm trying this out at the moment, however, i can only have the alert triggered when the Heikin Ashi bar turned from Green to Red but not the other way round, any idea why or how can i fix it?
+23 Reply
thr0nex tradecryptoeasy
@tradecryptoeasy, make an alert, when the plot crosses 0.5 :)
+4 Reply
this is only accurate for the 8 hour chart, how can i make it accurate for the 1 hour?
+16 Reply
Can someone show hot to set it up in the alerts and an example?
+8 Reply
this does not work to setup up as an alert.

but the following one works.
Reply
Just want it to buy once
and next time it's going to buy is when it's opposite color
Reply
very interesting
someone who wants to put up a picture of how an alurt is going to look
Reply