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Delta Heiken Ashi

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Heiken Ashi candles colored by estimated buying/selling pressure.
Standard HA candles smooth price action but lose information about what's happening inside each bar. This indicator adds that back by approximating delta (net buying vs selling volume) and using it to color each bar into one of three momentum states:
  • Strong — Pressure is accelerating in the trend direction. Conviction is high.
  • Moderate — Pressure is flat. Trend intact but unconfirmed.
  • Fading — Pressure is decelerating or contradicting the move. Momentum is dying. Watch for a turn.

The result is a cleaner visual read on when trends have real participation behind them and when they're running on fumes.
⚠️ Important: This is not true delta. True order flow requires bid/ask volume from Level 2 data, which TradingView does not provide. This indicator approximates delta by attributing volume based on where price closes within each bar's range. It's directionally useful but it is an estimate, not actual order flow. Don't confuse the two.
Features:

  • 3-tier momentum coloring (fully customizable colors)
  • Optional momentum shift markers (fading → strong transitions)
  • Optional delta zero-cross signals
  • Configurable alerts for all signal types
  • Works on any instrument and timeframe
  • No premium data required
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