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Heikin Ashi Doji with High Volume

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This indicator detects Heikin Ashi Doji candles that occur on unusually high volume.

A bar is marked when:
  • The Heikin Ashi candle body is small relative to the total range (below a configurable percentage threshold).
  • The volume is greater than a moving average of volume multiplied by a configurable factor.


Features:
  • Adjustable Doji body threshold (% of total range).
  • Adjustable volume MA length and volume multiplier.
  • Displays a gray circle below bars that meet both conditions.
  • Built-in alert condition so you can receive notifications when a high-volume Doji appears.


Usage Ideas:
High-volume Doji candles can indicate market indecision at key turning points. Combined with other analysis (e.g., support/resistance, VWAP, or trend tools), these signals can help identify potential reversals or pauses in price movement.

Note:
This tool uses Heikin Ashi calculations internally regardless of your chart’s candle type. The plotted dots correspond to the Heikin Ashi candle conditions, not the raw chart candles.

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