Heiken-Ashi Direction Bias Blocks — Indicator by scarf

This script adds red/green blocks to the top of every chart that show the current daily Heiken Ashi candle colour, so even when you're on a 1h or 4h chart you can quickly see if the current day is bullish or bearish. The higher timeframe is customisable too, so if you prefer to use weekly HA values, then now's your time to shine.

Useful for quickly going through charts without having to load the daily HA chart each time.

Release Notes:

Updated to v5 and now shows two timeframes

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.

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.

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