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Heiken-Ashi Oscillator Pro

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Regular Price $346 Special Price $208

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Product Description

Are you a fan of Fibonacci, but don't have time to draw manually?
Check out our latest product, with a super cool offer! 

Heiken-Ashi Oscillator Pro is a trend-providing indicator designed by our team to optimize the strengths of Heiken-Ashi candles while minimizing their inherent signal noise. 

Overview_3

But what is the Heikin-Ashi bar type? Heiken-Ashi, meaning "average bar," produces charts that smooth price fluctuations, making trends easier to identify. Its color-coded candles highlight trend direction, similar to Renko bars.

While Heiken-Ashi candles are effective at smoothing price movements and highlighting both trend direction and strength, they can still produce noise during volatile market conditions. Heiken-Ashi Oscillator Pro minimizes this by combining Heiken-Ashi calculations with a multi-layered smoother moving average (MA) plot, resulting in more reliable trend signals.

Moreover, the indicator provides 11 different types of MA lines, giving you the option to choose the one that best suits your trading preferences. It will then generate signals based on the selected MA.

How does it work?

The indicator generates a histogram based on trend strength and direction:

  • Histogram Value > 0: Indicates a bullish trend
  • Histogram Value < 0: Indicates a bearish trend
UpTrend
Downtrend

The smoother transitions provided by Heiken-Ashi Oscillator Pro make it easier to identify trends and avoid misleading signals during choppy conditions.

So if your goal is to capture less noisy trends and ride them as long as possible, you may want to consider using Heiken-Ashi Oscillator Pro!

Dedicated NinjaScript signals:

  • Signal_Trend: 1 = uptrend, -1 = downtrend

Software Changelog

  • 20 Dec 2024 - The indicator was released (built new).

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These testimonials may not be representative of the experience of other users or customers and do not guarantee future performance or success.

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