Heiken Ashi Smoothed Bar Type

The Heiken Ashi Smoothed Bar Type is a variation of the standard Heiken Ashi candlesticks. It uses a moving average or smoothing algorithm to calculate the open, high, low, and close prices. This bar type reduces market noise, making trends more visually apparent and helping traders identify long-term trends by filtering out short-term fluctuations.
Manufacturer: nt8indicators
SKU: HAS
$19.90

How It Works:

  1. Smoothed Data: The open, high, low, and close values are calculated using smoothing techniques, often by applying a moving average over Heiken Ashi values.
  2. Trend Clarity: The smoothed bars remove the choppiness of raw price action, providing a clearer trend direction.
  3. Better Visual Representation: This helps traders in making decisions by providing less volatile and visually smoother bars.

Formula for Smoothed Heiken Ashi:

  • Close(Open + High + Low + Close) / 4 (smoothed)
  • Open(Previous Open + Previous Close) / 2 (smoothed)
  • HighMax(High, Open, Close) (smoothed)
  • LowMin(Low, Open, Close) (smoothed)

These smoothed values are calculated recursively, and the level of smoothing depends on the period of the moving average used.

Product tags
Customers who bought this item also bought

Double Donchian

The double donchian indicator is the association between two donchian channel, each with different period parameter. Using the fast and slow Donchian channels you'll be able to get long and short trading signals. When the price crosses the slow channel, open long or short positions. When the price crosses the fast channel again, close the positions. You may also use it as a trend indicator by checking the differences between channel 1 low and channel 2 low values and channel 1 and channel 2 high value. A set of 3 Fibonacci lines will complete this indicator.
$9.90

Ultimate Strength Index

This indicator implements the Ultimate Strength Index (USI) indicator, introduced by John Ehlers in his article titled "Ultimate Strength Index (USI)" from the November 2024 edition of TASC's Traders' Tips. The USI is a modified version of Wilder's original Relative Strength Index (RSI) that incorporates Ehlers' UltimateSmoother lowpass filter to produce an output with significantly reduced lag.
$0.00

Rolling VWap

The Rolling VWAP (Volume-Weighted Average Price) is a variation of the standard VWAP that calculates the VWAP over a rolling (fixed-length) period instead of resetting at the start of each trading session. This makes it useful for tracking VWAP trends over intraday or multi-day periods.
$9.90

Moving Average Slope

The MA Slope indicator (Moving Average Slope) is a technical analysis tool used in trading and investing to measure the direction and steepness (rate of change) of a moving average over time. Instead of just tracking the value of a moving average (like SMA or EMA), the MA Slope indicator quantifies how quickly that average is rising or falling—essentially, it calculates the gradient or "slope" of the moving average line.
$9.90