2026-03-11 05:57:10 +00:00
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// Licensed under the Apache License, Version 2.0
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// © mihakralj
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2026-02-23 17:27:35 -08:00
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// HA: Heikin-Ashi
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// Smoothed candle transformation with recursive open
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// HA_Close = (O + H + L + C) / 4
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// HA_Open = (prev_HA_Open + prev_HA_Close) / 2
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// HA_High = max(H, HA_Open, HA_Close)
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// HA_Low = min(L, HA_Open, HA_Close)
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//@version=6
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indicator("HA: Heikin-Ashi", overlay=true)
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var float haOpen = na
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var float haClose = na
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haClose := (open + high + low + close) * 0.25
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haOpen := na(haOpen) ? (open + close) * 0.5 : (haOpen + haClose[1]) * 0.5
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haHigh = math.max(high, haOpen, haClose)
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haLow = math.min(low, haOpen, haClose)
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plotcandle(haOpen, haHigh, haLow, haClose, "HA", color=haClose >= haOpen ? color.green : color.red)
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