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HeikinAshi Delta

This Indicator is based on Mr. Dan Valcu ideas.
Bodies of candles(open-close) are the main component used to indicate and assess trend direction, strength, and reversals.

The indicator measures difference between Heikin Ashi close and open.
Measuring the height of candle bodies leads to extreme values that point to trend slowdowns. Thus quantifies Heikin Ashi to get earlier signals.
I used this indicator on Heiken Ashi charts but, it's possible to choose to calculate Body size based on Heiken Ashi or Candles.

haDelta can be smoothed with a simple moving average.

We see that crossings between the haDelta and SMA confirm trend changes with an anticipated delay introduced by each average. Crossings between the indicator and its average are better confirmations of trend changes.

When Delta crosses above SMA it is an uptrend.
When Delta crosses below SMA it is a downtrend.

Default haDelta smoothed value is by applying 3 periods SMA.


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This indicator idea comes from Tushar Chande called Qstick. Technical indicators quantify trend direction and strength in different ways. One way is to use the difference between close and open for each bar and to sum it up over a period of time. The formual is: Qstick (period ) = Average ((close-open ), period ) In this indicator, we can choose how to calculate body by two famous chart types. The first and default indicator settings are based on Heiken Ashi chart, and the second i
FREE
This indicator idea comes from Tushar Chande called Qstick. Technical indicators quantify trend direction and strength in different ways. One way is to use the difference between close and open for each bar and to sum it up over a period of time. The formual is: Qstick (period ) = Average ((close-open ), period ) In this indicator, we can choose how to calculate body by two famous chart types. The first and default indicator settings are based on Heiken Ashi chart, and the second i
FREE
This indicator is designed based on Mr.   WD   Gann's square of nine methods. Using this indicator, we can enter the desired   pivot   price and, based on the coefficient we assign to it, extract 8   support and resistance   numbers with 8 angles of 45, 90, 135, 180, 225, 270, 315, and 360. Calculates 8   support and resistance   points and draws   support and resistance   lines. The coefficient is to triple the number of executions. To select   pivot points   in which a price is a lar
The Fisher Transform is a technical indicator created by John F. Ehlers that converts prices into a Gaussian normal distribution. The indicator highlights when prices have moved to an extreme, based on recent prices. This may help in spotting turning points in the price of an asset. It also helps show the trend and isolate the price waves within a trend. The Fisher Transform is a technical indicator that normalizes asset prices, thus making turning points in price clearer. Takeaways Turning poi
The Fisher Transform is a technical indicator created by John F. Ehlers that converts prices into a Gaussian normal distribution. The indicator highlights when prices have moved to an extreme, based on recent prices. This may help in spotting turning points in the price of an asset. It also helps show the trend and isolate the price waves within a trend. The Fisher Transform is a technical indicator that normalizes asset prices, thus making turning points in price clearer. Takeaways Turning poi
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Version 1.60 2023.05.22
Minor bug fixed.