Smoothed Heikin Ashi Trend Oscillator

l’altro ieri

This indicator measures trend direction and momentum using a smoothed Heikin Ashi anchor. The oscillator value is the distance between the actual closing price and a synthetic Heikin Ashi baseline, optionally smoothed using a selectable moving average (SMA, EMA, HMA, VWMA, or RMA).

The oscillator is plotted as a histogram. Bar color reflects:

Whether price is above or below the anchor (bullish or bearish)

Whether the distance is expanding or contracting (momentum acceleration or deceleration)

The anchor is reverse-engineered from prior Heikin Ashi open and close values, adjusted by real price data (high, low, open). This structure allows for smoothed trend analysis while retaining responsiveness to price movement.

I use this oscillator in combination with smoothed Heikin Ashi candles to visually track momentum and detect subtle trend shifts early.

Built-in alert conditions allow for notification on zero-line crosses, with confirmation on candle close. These can optionally be used to signal potential trend shifts.

✅ Non-repainting (when live mode is off)
✅ Fully customizable smoothing, logic, and colors
✅ Works across all timeframes and asset classes

© 2025 Ben Deharde

l’altro ieri

Note di rilascio

This indicator measures trend direction and momentum using a smoothed Heikin Ashi anchor. The oscillator value is the distance between the actual closing price and a synthetic Heikin Ashi baseline, optionally smoothed using a selectable moving average (SMA, EMA, HMA, VWMA, or RMA).

The oscillator is plotted as a histogram. Bar color reflects:

Whether price is above or below the anchor (bullish or bearish)

Whether the distance is expanding or contracting (momentum acceleration or deceleration)

The anchor is reverse-engineered from prior Heikin Ashi open and close values, adjusted by real price data (high, low, open). This structure allows for smoothed trend analysis while retaining responsiveness to price movement.

A selectable custom timeframe input lets you analyze trend and momentum across any timeframe independently of the current chart.

I use this oscillator in combination with smoothed Heikin Ashi candles to visually track momentum and detect subtle trend shifts early.

Built-in alert conditions allow for notification on zero-line crosses, with confirmation on candle close. These can optionally be used to signal potential trend shifts.

✅ Supports custom timeframes
✅ Non-repainting (when live mode is off)
✅ Fully customizable smoothing, logic, and colors
✅ Works across all timeframes and asset classes

© 2025 Ben Deharde