A Smoothed Heiken Ashi Volatility Indicator Weighted by Volume
Summary
The document describes an indicator that combines a smoothed Heiken Ashi volatility measure with averaged volume. Its stated construction uses the volatility step without rounding and multiplies it by averaged volumes. Inputs allow the user to select a smoothing method, set the averaging depth and a method-specific parameter, choose tick or real volume, and shift the plotted indicator horizontally.
The implementation depends on a separate smoothing-algorithms library, which must be available to the trading terminal. The description names the indicator and its author and points to a related article for details on the smoothing classes. It does not provide the indicator formula, chart interpretation rules, sample signals, tests, or performance evidence. As a result, the document conveys the broad construction and configurable inputs but does not establish whether the indicator predicts price movement or how it should be used in a trading strategy.
Key ideas
- The indicator multiplies an unrounded smoothed Heiken Ashi volatility step by averaged volume.
- Users can configure the smoothing method, averaging depth, method parameter, volume type, and display shift.
- The implementation relies on an external smoothing-algorithms library.
- The document provides no signal rules, testing results, or evidence of trading effectiveness.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.