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TradingwievHeikenAshi

Heikin Ashi
Heikin Ashi is a charting technique that can be used to predict future price movements. It is similar to traditional candlestick charts. However, unlike a regular candlestick chart, the Heikin Ashi chart attempts to filter out some of the market noise by smoothing out strong price swings to better identify trend movements in the market.

To create Heiken Ashi, a formula is used in which price data is entered, while ordinary candles are built only on bare numbers, without using any calculations.

How to calculate candles on Heikin Ashi chart?

Heikin Ashi uses the OCHL formula to calculate: Open, Close, High, Low. These are four components that affect the shape, size and direction of candles. The formula for their calculation is given below:

- Open = (Previous Open + Previous Close) / 2.
In normal candles, the open level is at the close of the previous candle (unless there is a gap in the market). In Heikin Ashi, a new candlestick opens at the intermediate level, between the open and close of the previous one.
- Close = (Close + Open + High + Low) / 4.
The average value of the current candle between the low, high, open and close.
- High = Recent high, highest value of opening or closing value.
Low = Recent low, lowest value of the open or close.
Occasionally some of these values ​​will be equal, which will affect the overall appearance of the chart. The choice of time frame will also have a big impact on the appearance of the chart.

From the above formulas it becomes clear that the current candlestick of the indicator is calculated with a delay, therefore the signals given by Heikin Ashi are of a delayed nature. In this case, the calculation of a new candle will be possible only after the next one appears on the price chart.

When trading volatile assets on small time frames, the indicator can help effectively filter out market noise, false breakouts and entry points. However, it is worth noting that when operating in a market with low volatility and/or on wide time frames, Heikin Ashi will rarely signal.
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MetaBands uses powerful and unique algorithms to draw channels and detect trends so that it can provide traders with potential points for entering and exiting trades. It’s a channel indicator plus a powerful trend indicator. It includes different types of channels which can be merged to create new channels simply by using the input parameters. MetaBands uses all types of alerts to notify users about market events. Features Supports most of the channel algorithms Powerful trend detection algorith
Was: $249  Now: $99   Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Inspired by Jim Dalton’s book “Mind Over Markets”, this indicator is designed to suit the
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our customers. The first "The Basics"
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SuperTrendCCI
Volkan Mustafaoglu
The best quality application of the famous Super Trend indicator that requires no introduction. It is completely faithful to the original algorithm and powered by the CCI indicator. - easy to trade - It implements all kinds of warnings. - It implements a multi-timezone dashboard. - It cannot be repainted or backpainted. Input parameters - ATR Period – This is the average true range period. - ATR Multiplier - The ATR multiplier that defines the trend. - CCI - Makes trend following powerful. -
MovingAveragePRO
Volkan Mustafaoglu
An invention that will turn your working principles upside down. Especially in horizontal and stagnant markets, annoying losses can occur. Besides, following trend lines, support and resistance can be tiring. To put an end to all this, I decided to create a professional "moving average" indicator. All you have to do is follow the colors. If you need additional support, I recommend the "Heiken-Ashi" candle indicator in my profile. I wish you lots of profit..
OriginalSuperTrend
Volkan Mustafaoglu
Supertrend is a trend following indicator based on   the Average True Range   (ATR)   . Calculating the odd line combines trend detection and volatility. It can be used to detect changes in trend direction and position stops. Basic knowledge Supertrend is a trend following indicator. It takes up space on the main chart and its plots show the current trend. A Supertrend can be used for varying durations (daily, weekly, intraday, etc.) and varying instruments (stocks, futures or forex). Super
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