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
Plotshape Example 2
This educational script demonstrates how to plot custom shapes directly onto the price chart using Pine Script.
GitHub stars65on the repository
Pine versionv4older, still runs
Lines of code7
Settings0inputs
LicenceGPL-3.0
Last update4 days ago24 Oct 2026
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
7 lines of Pine Script v4 from examples/v4/tradingview-docs/v4-annotations-plotting-shapes-chars-and-arrows-01.pine, published under GPL-3.0. Keep the author's credit and licence lines when you reuse it.
//@version=4
study('plotshape example 2', overlay=true)
data = close >= open
plotshape(data, style=shape.triangleup,
location=location.abovebar, color=color.green)
plotshape(not data, style=shape.triangledown,
location=location.belowbar, color=color.red)
Overview
Plotshape Example 2 evaluates whether the close of the current bar is greater than or equal to its open. Bullish or neutral bars display a green upward triangle above the price bar, while bearish bars display a red downward triangle below the bar. It draws directly on the main chart pane and includes no configurable user settings or trade execution logic.
- Bullish and bearish candle classification
- Upward triangle shapes plotted above bullish bars
- Downward triangle shapes plotted below bearish bars
- Direct price chart shape overlay
Details
Published by
be-thomas on GitHub
Type
Indicator, Pine Script v4
Draws
On the price chart
Category
Candlestick patterns
Markets
Any symbol
Timeframes
Any timeframe
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.
Topics
algorithmic-tradingbacktestingcompilerfintechjavascriptpinescripttechnical-analysistradingview
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.
Similar Pine Scripts
The indicator plots ICT displacement candles on the price chart and can switch to retracement scanning. Displacement requires a move larger than a set share of the 14-bar average high-low range, lasting at least a chosen number of bars, with optional close, pr
All Candlestick Patterns detects and highlights a wide range of bullish, bearish, and neutral candlestick patterns directly on the price chart. It features optional trend filtering using either a 50-period simple moving average or a combination of 50-period an
Mean Reversion Study is an indicator that identifies trade setups combining exponential moving averages, RSI extremes, and engulfing candlestick patterns. It highlights bullish setups when a bullish engulfing candle forms below the EMA while RSI is oversold, a
This indicator overlays up to five higher-timeframe candlestick groups on the price chart. For each enabled timeframe it requests open, high, low, and close and can show up to five candles, offset by a spacing setting. The main inputs set the candle count, the
This indicator detects a large set of classic candlestick patterns and plots colored labels on the price chart. Trend context uses a 50-period simple moving average, or the 50 and 200 averages stacked together, and can be switched off. Users filter bullish, be
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers