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ADP Heiken Ashi [Wonra]

**Heiken Ashi candles dynamically colored by Accumulation/Distribution Pressure (ADP) zones for enhanced trend visualization**
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## 📝 Full Description:
### ADP Heiken Ashi [Wonra]
This indicator combines **Heiken Ashi candles** with **Accumulation/Distribution Pressure (ADP)** analysis to provide enhanced trend visualization through dynamic candle coloring.
---
### 🔬 How It Works
**Accumulation/Distribution Pressure (ADP)** is a volume-weighted momentum oscillator that measures buying and selling pressure on a 0-100 scale:
- **ADP < 45**: Accumulation Zone (buying pressure dominant)
- **ADP > 55**: Distribution Zone (selling pressure dominant)
- **ADP 45-55**: Neutral Zone (balanced pressure)
**The Calculation:**
1. Price change is compared to True Range to determine directional strength
2. Volume is applied as a weight to amplify significant moves
3. RMA smoothing creates a stable 0-100 oscillator
4. A JMA (Jurik Moving Average) signal line provides trend context
**Heiken Ashi candles** are then colored based on the ADP zone:
- **Bright Green**: Bullish HA candle in Accumulation Zone with rising ADP
- **Bright Red**: Bearish HA candle in Distribution Zone with falling ADP
- **Orange**: Bullish HA in Distribution (potential exhaustion warning)
- **Blue**: Bearish HA in Accumulation (potential reversal brewing)
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### 🎨 Visual Guide
| Candle Color | Meaning |
|--------------|---------|
| **Bright Green** | Strong bullish momentum + smart money accumulating |
| **Light Green** | Bullish but neutral zone - proceed with caution |
| **Bright Red** | Strong bearish momentum + distribution underway |
| **Light Red** | Bearish but neutral zone - watch for changes |
| **Orange** | Bullish price but distribution detected - warning |
| **Blue** | Bearish price but accumulation detected - reversal possible |
---
### ⚙️ Settings
**ADP Settings:**
- `ADP Period` (default: 14): Lookback period for pressure calculation
- `AD Weight`: Balance between pure AD ratio and signed weighting
- `Price Weighted Volume`: Apply price as additional volume weight
**JMA Signal Settings:**
- `JMA Length` (default: 21): Smoothing period for signal line
- `JMA Phase`: Overshoot control (-100 to +100)
- `JMA Power`: Smoothness factor (1-5)
**Zone Settings:**
- `Accumulation Zone`: ADP level below which accumulation is detected
- `Distribution Zone`: ADP level above which distribution is detected
---
### 📊 Info Panel
The top-right panel displays:
- Current ADP value with zone coloring
- JMA signal line value
- Current zone status (Accumulation/Distribution/Neutral)
- ADP momentum direction (Rising/Falling)
---
### 📈 Best Use Cases
- **Trend Confirmation**: Verify trend strength through zone analysis
- **Divergence Detection**: Price vs ADP zone divergence
- **Momentum Analysis**: Track accumulation/distribution phases
- **Context Overlay**: Use alongside other analysis tools
---
### ⚠️ Important Notes
- This is a **visualization tool**, not a trading signal generator
- Heiken Ashi candles smooth price action and may lag real prices
- Always combine with other analysis methods
- Past performance does not guarantee future results
---
### 🔄 Version History
**v1.1**
- Simplified to pure visualization tool
- Enhanced ADP zone coloring
- Added JMA signal line for context
- Streamlined info panel
---
**Created by Wonra | 2025**
---
## 📝 Full Description:
### ADP Heiken Ashi [Wonra]
This indicator combines **Heiken Ashi candles** with **Accumulation/Distribution Pressure (ADP)** analysis to provide enhanced trend visualization through dynamic candle coloring.
---
### 🔬 How It Works
**Accumulation/Distribution Pressure (ADP)** is a volume-weighted momentum oscillator that measures buying and selling pressure on a 0-100 scale:
- **ADP < 45**: Accumulation Zone (buying pressure dominant)
- **ADP > 55**: Distribution Zone (selling pressure dominant)
- **ADP 45-55**: Neutral Zone (balanced pressure)
**The Calculation:**
1. Price change is compared to True Range to determine directional strength
2. Volume is applied as a weight to amplify significant moves
3. RMA smoothing creates a stable 0-100 oscillator
4. A JMA (Jurik Moving Average) signal line provides trend context
**Heiken Ashi candles** are then colored based on the ADP zone:
- **Bright Green**: Bullish HA candle in Accumulation Zone with rising ADP
- **Bright Red**: Bearish HA candle in Distribution Zone with falling ADP
- **Orange**: Bullish HA in Distribution (potential exhaustion warning)
- **Blue**: Bearish HA in Accumulation (potential reversal brewing)
---
### 🎨 Visual Guide
| Candle Color | Meaning |
|--------------|---------|
| **Bright Green** | Strong bullish momentum + smart money accumulating |
| **Light Green** | Bullish but neutral zone - proceed with caution |
| **Bright Red** | Strong bearish momentum + distribution underway |
| **Light Red** | Bearish but neutral zone - watch for changes |
| **Orange** | Bullish price but distribution detected - warning |
| **Blue** | Bearish price but accumulation detected - reversal possible |
---
### ⚙️ Settings
**ADP Settings:**
- `ADP Period` (default: 14): Lookback period for pressure calculation
- `AD Weight`: Balance between pure AD ratio and signed weighting
- `Price Weighted Volume`: Apply price as additional volume weight
**JMA Signal Settings:**
- `JMA Length` (default: 21): Smoothing period for signal line
- `JMA Phase`: Overshoot control (-100 to +100)
- `JMA Power`: Smoothness factor (1-5)
**Zone Settings:**
- `Accumulation Zone`: ADP level below which accumulation is detected
- `Distribution Zone`: ADP level above which distribution is detected
---
### 📊 Info Panel
The top-right panel displays:
- Current ADP value with zone coloring
- JMA signal line value
- Current zone status (Accumulation/Distribution/Neutral)
- ADP momentum direction (Rising/Falling)
---
### 📈 Best Use Cases
- **Trend Confirmation**: Verify trend strength through zone analysis
- **Divergence Detection**: Price vs ADP zone divergence
- **Momentum Analysis**: Track accumulation/distribution phases
- **Context Overlay**: Use alongside other analysis tools
---
### ⚠️ Important Notes
- This is a **visualization tool**, not a trading signal generator
- Heiken Ashi candles smooth price action and may lag real prices
- Always combine with other analysis methods
- Past performance does not guarantee future results
---
### 🔄 Version History
**v1.1**
- Simplified to pure visualization tool
- Enhanced ADP zone coloring
- Added JMA signal line for context
- Streamlined info panel
---
**Created by Wonra | 2025**
Korumalı komut dosyası
Bu komut dosyası kapalı kaynak olarak yayınlanmaktadır. Ancak, ücretsiz ve herhangi bir sınırlama olmaksızın kullanabilirsiniz – daha fazla bilgiyi buradan edinebilirsiniz.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Korumalı komut dosyası
Bu komut dosyası kapalı kaynak olarak yayınlanmaktadır. Ancak, ücretsiz ve herhangi bir sınırlama olmaksızın kullanabilirsiniz – daha fazla bilgiyi buradan edinebilirsiniz.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.