This strategy plots modified Bollinger Bands and an exponential moving average on the price chart. It watches for closes crossing the upper or lower band, optionally filtered by the EMA trend and extra crossover or crossunder checks. Long stops use the recent
Strategy · Pine Script v5 · On the chart
Heikin Ashi Trend
Heikin Ashi Trend is a trend-following strategy that calculates Heikin Ashi candle values and moving averages directly on the main price chart.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code72
Settings8inputs
LicenceNone stated
Last update7 months ago4 Mar 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Heikin Ashi Trend generates long and short entry signals when a user-defined number of consecutive Heikin Ashi bars align with fast and slow Exponential Moving Average crossovers and an optional trend filter. The strategy exits positions using ATR-based stop losses, trailing stops, or when the Heikin Ashi candle color changes. Settings allow traders to customize EMA lengths, consecutive bar counts, and ATR stop parameters.
- Non-repainting Heikin Ashi candle calculation
- Fast, slow, and trend EMA filtering
- Consecutive Heikin Ashi bar threshold
- ATR-based initial and trailing stop losses
- Reversal exits on Heikin Ashi color change
Details
Published by
Basant1Saini on GitHub
Type
Strategy, Pine Script v5
Draws
On the price chart
Category
Trend, Moving averages, Candlestick patterns, Volatility & bands
Markets
Stocks, Forex, Crypto, Indices
Timeframes
M15-H1, H4 and above
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Fast EMA | int | 9 | emaFastLen |
| Slow EMA | int | 21 | emaSlowLen |
| Trend EMA | int | 50 | emaTrendLen |
| Use Trend EMA Filter | bool | true | useTrendFilter |
| Min Consecutive HA Bars | int | 2 | consecutiveBars |
| ATR Length | int | 14 | atrLen |
| ATR Multiplier (SL) | float | 2.0 | atrMult |
| Trailing ATR Multiplier | float | 2.5 | trailATR |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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