This Indicator is based on Mr. Dan Valcu ideas. In this indicator, trend points and possible return points in the Heikin Ashi chart are calculated based on their position.
Closing price in front of the middle point of the body of Heikin Ashi. So we can get more trend information from the Heikin Ashi chart. The basic idea behind combined charts is to be ready to act when a warning (0.5 or -0.5) is displayed during a trend.
The indicator has four column types:
UP: Uptrend(1)
DN: Downtrend(-1)
NW: Negative warning(0.5)
PW: Positive warning(-0.5)
Closing price in front of the middle point of the body of Heikin Ashi. So we can get more trend information from the Heikin Ashi chart. The basic idea behind combined charts is to be ready to act when a warning (0.5 or -0.5) is displayed during a trend.
The indicator has four column types:
UP: Uptrend(1)
DN: Downtrend(-1)
NW: Negative warning(0.5)
PW: Positive warning(-0.5)