This indicator identifies candlestick patterns on the price chart by combining price action with momentum factors and trend filters. It calculates one of four selectable oscillators: Karobein Oscillator, Money Flow Index, RSI, or Stochastic, alongside trend ru
Indicator · Pine Script v5 · On the chart
Smoothed Heiken Ashi Candles
This indicator plots smoothed Heiken Ashi candles on the price chart using two stages of exponential moving averages.
Repaints
GitHub stars3on the repository
Pine versionv5runs as is
Lines of code33
Settings2inputs
LicenceNone stated
Last update5 months ago27 May 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 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
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
Smoothed Heiken Ashi Candles computes smoothed open, high, low, and close values with adjustable lengths of 10. Bullish candles appear green and bearish candles appear red based on the comparison of smoothed close versus open. The tool visualizes trend direction and highlights potential reversals. It draws candles directly on the price chart and may repaint on the live bar.
- smoothed heiken ashi candles
- double ema smoothing
- bull bear candles
- trend direction
- price chart overlay
Details
Published by
g-moe on GitHub
Code credit
goodgains, as written in the script's header
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Candlestick patterns, Trend, Moving averages
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- Signals can change on the live bar or after it closes (repainting)
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Length 1 | int | 10 | len |
| Length 2 | int | 10 | len2 |
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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