Price Action (Heikin Ashi)

The Price Action (Heikin Ashi) algorithm determines trend direction with calculations based on the Heikin Ashi candle formula.

Note: Price Action (Heiken Ashi) should be used with normal candles loaded on the chart. The algorithm uses these candles to simulate Heiken Ashi candles when predicting trends.

Higher Timeframe

Specifies the higher timeframe on which Heikin Ashi candles will be analyzed. If a value other than ‘chart’ is set, this will override the Master Higher Timeframe setting in the Confirmation Control section.

The Higher Timeframe trailer analyzes macro trends over 1000 candles at the resolution of the current timeframe in TradingView. The maximum lookback period must be considered when selecting a Higher Timeframe. See the Higher Timeframe Limitations section for details.

Smoothing

Specifies the amount of smoothing applied to the Heikin Ashi results. Higher values will make the algorithm less sensitive to fluctuations in price.

Impact

Specifies the number of adjacent candles that will be impacted by Smoothing. Higher values will increase the smoothing effect and make the algorithm less sensitive to fluctuations in price.