Heikin-Ashi Oscillator

ASTRAZENECA PLCSTO

Description

⋅ Apr 17, 2020 8:12 AM

Heikin-Ashi Oscillator
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By reducing noice it makes trends, price patterns, and reversal points easier to spot.

Here it is implemented as a single function so that it easily can be integrated with other code.

Suggestion: Enter (at your own risk) or Exit a trade based on when the Heikin-Ashi Oscillator switch direction.

Comments

jokertampoc28

⋅ Mar 5, 2023 11:03 AM

Thank you.

Link77

⋅ May 5, 2020 3:58 AM

This is really helpful on trending stocks. Use it to re-enter or add to positions. It's a simple method but nice to have as the real price action is still on the chart. Glad you had the creative mind to come up with it. Thanks!

kruskakli

⋅ May 5, 2020 5:37 AM

@Link77, Thanks! To be honest, I saw something like this be used in a video, I think it was a MT4 indicator; so I thought I should do a similar one for TV ;-)