London Multi MA Signals V4 Heikin Ashi
London Multi MA Signals V4 is a two-way indicator I built for traders who want clear BUY and SELL markers without having to watch four sets of moving averages. It combines moving-average agreement, Heikin Ashi candle confirmation, and volatility filters. You can keep regular candlesticks on your chart and still use Heikin Ashi to confirm the signals.
How the signals work
The indicator compares a fast and slow moving average in four families: EMA, SMA, WMA, and a volatility-adaptive moving average. The default lengths are 5 and 13. Each enabled family votes bullish when its fast average is above its slow average and bearish when it’s below. The EMA pair can respond faster when current ATR rises relative to its recent baseline. The volatility-adaptive pair uses the strength of recent price momentum to adjust how quickly it responds.
In Medium mode, the indicator looks for agreement among the enabled averages and one of two setups:
Crossover. An enabled fast average crosses its slow average. The setup stays eligible for a configurable number of bars so the other votes and candle confirmation can line up.
Pullback continuation. For a BUY, the Heikin Ashi candle reaches the fast EMA, closes back above it, and clears the previous Heikin Ashi candle’s high. A SELL uses the reverse conditions.
A BUY also needs a bullish Heikin Ashi candle, and a SELL needs a bearish one. Signals print at candle close. The filters check whether the EMA pair has enough separation, whether price has stretched too far from the slow EMA, and whether the candle is oversized compared with recent volatility. The EMA 200 and ADX filters are optional.
What’s different about this script
The moving averages and volatility filters use the chart’s price series, while the signal checks use Heikin Ashi candle data. Each side also has its own sensitivity setting. You can make BUY signals more responsive and keep SELL signals more selective, or reverse that preference.
High allows fewer votes and adds earlier triggers, such as a Heikin Ashi color flip on the appropriate side of the fast EMA or a cross back through it.
Medium uses your configured vote requirement with the crossover and pullback setups.
Low asks for one extra vote when available and requires the Heikin Ashi body to cover at least 55% of the candle’s range.
These settings change which setups qualify. When both sides are enabled, the script alternates directions. After a BUY, it waits for a qualifying SELL before printing another BUY. You can also enable just one side.
How to use it
Start with Medium on both sides to see how the crossover and pullback setups behave on your chart. The London filter is on by default and uses 08:00–16:30 London time, Monday through Friday.
Watch the top-right table for trend, moving-average votes, volatility, filter status, and the next allowed direction. The table can update during the open candle. BUY and SELL markers and alerts wait for the close.
Use PDH and PDL to see where the setup sits relative to the previous completed daily bar’s high and low. These levels come from regular prices and serve as chart references.
If you use alerts, select BUY signal or SELL signal and choose Once Per Bar Close. Make sure to use your own Analysis , No Indicator is a Golden Ticket. Use proper Risk Management .
How the signals work
The indicator compares a fast and slow moving average in four families: EMA, SMA, WMA, and a volatility-adaptive moving average. The default lengths are 5 and 13. Each enabled family votes bullish when its fast average is above its slow average and bearish when it’s below. The EMA pair can respond faster when current ATR rises relative to its recent baseline. The volatility-adaptive pair uses the strength of recent price momentum to adjust how quickly it responds.
In Medium mode, the indicator looks for agreement among the enabled averages and one of two setups:
Crossover. An enabled fast average crosses its slow average. The setup stays eligible for a configurable number of bars so the other votes and candle confirmation can line up.
Pullback continuation. For a BUY, the Heikin Ashi candle reaches the fast EMA, closes back above it, and clears the previous Heikin Ashi candle’s high. A SELL uses the reverse conditions.
A BUY also needs a bullish Heikin Ashi candle, and a SELL needs a bearish one. Signals print at candle close. The filters check whether the EMA pair has enough separation, whether price has stretched too far from the slow EMA, and whether the candle is oversized compared with recent volatility. The EMA 200 and ADX filters are optional.
What’s different about this script
The moving averages and volatility filters use the chart’s price series, while the signal checks use Heikin Ashi candle data. Each side also has its own sensitivity setting. You can make BUY signals more responsive and keep SELL signals more selective, or reverse that preference.
High allows fewer votes and adds earlier triggers, such as a Heikin Ashi color flip on the appropriate side of the fast EMA or a cross back through it.
Medium uses your configured vote requirement with the crossover and pullback setups.
Low asks for one extra vote when available and requires the Heikin Ashi body to cover at least 55% of the candle’s range.
These settings change which setups qualify. When both sides are enabled, the script alternates directions. After a BUY, it waits for a qualifying SELL before printing another BUY. You can also enable just one side.
How to use it
Start with Medium on both sides to see how the crossover and pullback setups behave on your chart. The London filter is on by default and uses 08:00–16:30 London time, Monday through Friday.
Watch the top-right table for trend, moving-average votes, volatility, filter status, and the next allowed direction. The table can update during the open candle. BUY and SELL markers and alerts wait for the close.
Use PDH and PDL to see where the setup sits relative to the previous completed daily bar’s high and low. These levels come from regular prices and serve as chart references.
If you use alerts, select BUY signal or SELL signal and choose Once Per Bar Close. Make sure to use your own Analysis , No Indicator is a Golden Ticket. Use proper Risk Management .
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Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.