OPEN-SOURCE SCRIPT

Heikin-Ashi Source Function

By allanster
Wizard
Updated
Custom source function for toggling traditional Candle sources or Heikin-Ashi sources on a traditional Candles chart.
Thanks to PineCoders for rounding method: pinecoders.com/faq_and_code/
Thanks to LucF and RicardoSantos for their advice and enlightenment as always.

NOTICE: This is an example script and not meant to be used as an actual strategy. By using this script or any portion thereof, you acknowledge that you have read and understood that this is for research purposes only and I am not responsible for any financial losses you may incur by using this script!
Release Notes
Simplified code due to plotcandle() function now supporting series color for wickcolor and bordercolor.
Release Notes
Updated for Pine Script v5.
ashiCandlestick Analysisexampleheikenheiken-ashiheikinheikin-ashihowtoTrend Analysistutorial
allanster
Wizard
lux ex tenebris • deuro mea umbra absens • Telegram: t.me/allanster

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 publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

Disclaimer