Aura Heiken Ashi
Aura Heiken Ashi is a professional-grade trend-following indicator built to filter out market noise and pinpoint high-probability entry points. Unlike the standard Heiken Ashi, this version adds institutional-level filtering so you only trade in the direction of the dominant market force. [ I M G _ 0 ] Key Features:
- Dual Smoothing Technology: A two-step smoothing process (S M M A & E M A) delivers a clean visual reading of price action while keeping the indicator responsive.
- Dynamic Supply & Demand (SnD): Automatically plots key horizontal Support and Resistance levels derived from recent price imbalances.
- Major Trend Filter ( 2 0 0 E M A): An integrated trend plot that works as a gatekeeper, permitting bullish signals only above the line and bearish signals only below it.
- Momentum Confluence: Each signal is cross-checked against CCI and MACD algorithms to confirm price movement has adequate support.
- Trend Strength Filter (ADX): Candles automatically turn G ray during low-volatility or ranging markets, shielding you from choppy conditions.
- Adaptive Volume Logic: Current tick volume is measured against local averages to verify genuine market participation. How to Use:
- Bullish Entry ( G reen): Enter when the candle turns G reen, price sits above the 2 0 0 E M A, and ideally price is bouncing off a Demand (Blue) line.
- Bearish Entry (Red): Enter when the candle turns Red, price sits below the 2 0 0 E M A, and ideally price is rejecting a Supply (Orange) line.
- Neutral ( G ray): Stay out. This signals a weak trend, insufficient volume, or conflicting indicators. Settings:
- Heiken Ashi Settings: Adjust the smoothing periods and methods to your preference.
- Precision Filters: Toggle the 2 0 0 E M A visual on or off and fine-tune ADX intensity.
- SnD Settings: Modify the lookback period for Support/Resistance detection and customize line colors.
