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Smoothed Heiken-Ashi indicator


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Since this indicator is displayed as candles shape only, it overlaps chart primary candles if set with lower EMA. The offset would allow display indicator slightly above or below existing candles.

Yes, placing indicator above/below mitigates the overlapping but value is not as precise on Y axis. Perhaps, if possible, add a info balloon when a new arrow is formed indicating values of that candle. I'll change indicator opacity to reduce distraction on main chart.

Thanks for advising on arrow values, it works. Just to be clear, 0 is for when no arrow on a candle, meaning continuation of trend, correct?

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