Heikin-Ashi-Candles MTF

11 saat önce

Heikin-Ashi Higher Timeframe Candles

This indicator overlays higher-timeframe Heikin-Ashi candles (default: 5 minutes) onto a lower-timeframe chart (e.g., 1 minute). Instead of using standard candlesticks, it draws:

Semi-transparent rectangles to represent the candle bodies.

Vertical lines to represent wicks, centered on each body.

Key features:

Dynamic transparency: The current, still-forming higher-timeframe candle is plotted in green or red (depending on trend) with a separate, lighter transparency (default: 30) so you can easily distinguish it from completed candles.

Finalization on close: As soon as a higher-timeframe candle closes, its body and wicks update to the standard transparency level (default: 50), ensuring completed candles are visually distinct.

Customizable inputs: You can adjust

The higher timeframe (tf) for Heikin-Ashi calculations.

Body transparency for confirmed candles.

Transparency for unfinished candles.

Wick thickness.

Use case:
This is particularly useful for traders who analyze price action on lower timeframes but want to stay aware of the higher-timeframe Heikin-Ashi trend without switching charts. The fading effect on the active candle helps prevent confusion between fully formed candles and those still developing.

11 saat önce

Sürüm Notları

fix unfinished candle

11 saat önce

Sürüm Notları

fix change color