The Heikin-Ashi Chart Identifier is an indicator that checks if the current chart uses Heikin-Ashi candles. It tracks matched candles where open equals the average of previous open and close, and verifies no gaps between bars. When conditions match, it display
Indicator · Pine Script v4 · On the chart
Nunchucks
The Nunchucks indicator plots candlesticks on the price chart to represent higher highs and lower lows.
Repaints
GitHub stars1on the repository
Pine versionv4older, still runs
Lines of code35
Settings4inputs
LicenceNone statedfile: MPL-2.0
Last update2 years ago2 Mar 2024
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
35 lines of Pine Script v4 from nunch.pine, published under MPL-2.0 (file header). Keep the author's credit and licence lines when you reuse it.
// This source code is subject to the terms of the Mozilla Public License 2_0 at https://mozilla_org/MPL/2_0/
// © MVPMC
//@version=4
study(title="✖ 𝗡𝘂𝗻𝗰𝗵𝘂𝗰𝗸𝘀", overlay=true)
bool Priceline = input(title="Show Priceline" , defval=true)
bool Nullchucks = input(title="Show null chucks" , defval=true)
bool Chains = input(title="Color chains as candlesticks" , defval=false)
string Theme = input(title="Theme" , options=["TradingView","Grayscale","Japanese", "Blush" , "Matrix" , "Nightdrive", "Colorblind", "idunno", "CMYK"], defval="TradingView")
High_Color = Theme == "TradingView" ? #26a69a : Theme == "Grayscale" ? #808080 : Theme == "Japanese" ? #FFFFFF : Theme == "CMYK" ? #03e8d6 : Theme == "Blush" ? #e7a0a9 : Theme == "Matrix" ? #63cb94 : Theme == "Nightdrive" ? #4fa7e5 : Theme == "Colorblind" ? #00a2cb : Theme == "idunno" ? #249ba9 : #FF00FF
Low_Color = Theme == "TradingView" ? #ef5350 : Theme == "Grayscale" ? #404040 : Theme == "Japanese" ? #000000 : Theme == "CMYK" ? #e304eb : Theme == "Blush" ? #503e44 : Theme == "Matrix" ? #34734c : Theme == "Nightdrive" ? #9b68ae : Theme == "Colorblind" ? #ffb400 : Theme == "idunno" ? #e13268 : #FF00FF
Center_Color = Theme == "TradingView" ? #808080 : Theme == "Grayscale" ? #606060 : Theme == "Japanese" ? #808080 : Theme == "CMYK" ? #f0af03 : Theme == "Blush" ? #c0999e : Theme == "Matrix" ? #141e19 : Theme == "Nightdrive" ? #a5cfea : Theme == "Colorblind" ? #858585 : Theme == "idunno" ? #765b86 : #FF00FF
High_Display = high > high[1] ? true : false
High_Open = min(high, high[1])
High_Close = high
Low_Display = low < low[1] ? true : false
Low_Open = max(low, low[1])
Low_Close = low
Center_open = Low_Open < High_Open ? Low_Open : High_Open
Center_close = Low_Open > High_Open ? High_Open : Low_Open
Wickcolor = Chains ? open < close ? High_Color : Low_Color : Center_Color
Pricecolor = Priceline ? close > High_Open ? High_Color : close < Low_Open ? Low_Color : Center_Color : #00000000
plotHighcolor = Nullchucks ? High_Color : High_Display ? High_Color : #00000000
plotLowcolor = Nullchucks ? Low_Color : Low_Display ? Low_Color : #00000000
plotcandle(High_Open, High_Close, Center_open, High_Close, title="Higher", color=plotHighcolor, bordercolor=Theme == "Japanese" ? #000000 : plotHighcolor, wickcolor=Wickcolor)
plotcandle(Low_Open, Center_close, Low_Close, Low_Close, title="Lower" , color=plotLowcolor, bordercolor=plotLowcolor, wickcolor=Wickcolor)
plot(close, title="Priceline", color=Pricecolor, trackprice=Priceline, show_last=1)
Overview
Nunchucks calculates these by comparing the current bar high and low against the previous bar values, then draws separate candles for highs and lows using the chosen theme colors. Users can enable or disable the priceline, null chucks display, and chain candlestick coloring. The main settings allow selection among multiple color themes. It draws directly on the price chart with no separate pane and updates dynamically on the live bar.
- Higher candle display
- Lower candle display
- Priceline
- Theme colors
- Null chucks
Details
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Show Priceline | bool | true | Priceline |
| Show null chucks | bool | true | Nullchucks |
| Color chains as candlesticks | bool | false | Chains |
| Theme | string | TradingView | Theme |
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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