PROTECTED SOURCE SCRIPT

YSR HEIKENASHI WITH SIGNALS s

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📌 Purpose:
This script is designed to generate Buy and Sell signals based on Heiken Ashi (HA) candles that:

Show a change in trend direction (color change),
Have no wicks (pure-bodied candles),
And optionally filter these signals using an EMA trend filter.


✅ Usage Tips
Works best on Heiken Ashi candles (enable in TradingView chart settings).
Choose a suitable timeframe (e.g., 5min or 15min) based on your strategy.
Adjust confirmBars to change how many same-colored HA candles must appear before a signal.
Use with trend-following strategies and optionally combine with price action or support/resistance.


🔍 Main Advantages
Eliminates noise with HA smoothing
Filters strong trend reversals using wickless HA logic
Signal confirmation using candle count
EMA filter prevents trading against the trend
Locking logic reduces repainting and over-signaling



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