Heikin Ashi using a centered TMA with multiple repetition.
Description:
• Ribbon with 4 colors: 2 for trading and 2 for flet.
• The price for Heikin Ashi is smoothed with a centered TMA with a constant half -period of 1, you can change only the number of TMA repetitions from 1 to 200. Like any other indicator using centered TMA, the indicator is recalculated (redrawn).
• To build a Heikin Ashi ribbon 2 MA are used: Exponential and Wilders. You can configure the type of indicator to your taste, changing the periods of MA, examples in the figure. For a narrow ribbon, you need to choose a Wilders period less than the EMA period.
• There is a setting of the threshold for screening of the flet, settings from 0 to 1.
• The indicator has all the necessary alerts and arrows.
Important: This is a demo version, used only by the date 2023.06.01. Do not rename or hack.
Commercial indicator: Heiken Ashi with TMA
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- Chickenspicy