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Sri_Heikinashi T3 Candle line for long entry

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📌 Script Name:

Sri_Heikinashi T3 line for long entry (SRi-T3)

🔎 What this script does:

This indicator is a custom Heikin Ashi + T3 smoothed candle plotting tool.
Instead of showing raw candles or raw Heikin Ashi, it applies a double stage of T3 smoothing to Heikin Ashi values, giving a cleaner trend-following visual without market noise.

It doesn’t replace the original chart candles — it overlays smoothed, wick-less “trend candles” on top of your chart to highlight trend direction clearly.

🧩 Key Components:
1. Custom Timeframe Input

customTF = input.timeframe("120", "Custom Timeframe")
👉 You can choose any timeframe (5m, 15m, 1h, Daily, etc.), regardless of your chart timeframe.
This allows multi-timeframe analysis (e.g., plotting 2-hour smoothed candles on a 5-minute chart).

2. T3 Smoother Function

A custom function t3(src, length, v) is used.

T3 is a triple exponential moving average (EMA) smoother with a “volume factor” v.

Advantage: less lag than normal EMA/SMA, but smoother and cleaner trend lines.

3. Heikin Ashi Logic (inside calcHaT3)

Stage 1: Apply T3 smoothing to Heikin Ashi open, high, low, close.

Stage 2: Recalculate Heikin Ashi formula (open/close averaging, high/low logic).

Stage 3: Apply another round of T3 smoothing.

Final Output: Super-smooth OHLC values.

4. Plotting

Candles are plotted with:

No wicks (only body high/low).

Colors:

Green (lime) if close > open.

Red/Orange if close < open.

Slight transparency (95) so they don’t overpower chart candles.

👉 This way you get a visual overlay of the smoothed Heikin Ashi trend.

5. Alerts

Alerts are triggered when trend color changes:

From red → green (potential long entry).

From green → red (potential exit/short).

✅ Pros (Advantages)

Noise Reduction

Double T3 + Heikin Ashi makes signals smoother than raw price or single MA.

Clear Trend Identification

Candles change color only when trend is strong enough, filtering false moves.

Multi-Timeframe Support

You can plot higher timeframe trends (e.g., daily smoothed trend) on lower charts.

No Wick Confusion

Removes wicks to simplify visuals, focusing purely on direction.

Alerts for Trend Shifts

Automatic alert conditions for quick reaction.

Perfect for Long Entries

Since it’s designed for “long entry” confirmation, it’s especially helpful to avoid early entries.

⚡ How to Use This Script

Add to Chart

Copy → Paste into TradingView Pine Editor → Save & Add to Chart.

Select Custom Timeframe

Default is 120m (2 hours) but you can change to 15m, 60m, Daily, etc.

Example: On a 5m chart, load a 1h or 4h SRi-T3 to align with bigger trend.

Look for Color Changes

Green = bullish trend (favorable for long entries).

Orange/Red = bearish trend (avoid longs or look for short setup).

Use Alerts

Set alerts for "Heikin-Ashi Smoothed from red to green" = Long Signal.

"Heikin-Ashi Smoothed from green to red" = Exit/Short Signal.

Combine with Other Tools

Works best if combined with pivots, support/resistance, or momentum oscillators (RSI, CCI, etc.).

Use SRi-T3 as trend filter, enter trades only in its direction.

📊 Example Trading Setup

On a 15m chart:

Plot SRi-T3 with 60m timeframe → this gives you higher timeframe trend.

Enter long trades only if SRi-T3 is green.

Add RSI/MACD for entry confirmation.
リリースノート
📌 Script Name:

Sri_Heikinashi T3 Candle line for long entry (SRI-T3)

🔎 What this script does:

This indicator is a custom Heikin Ashi + T3 smoothed candle plotting tool.
Instead of showing raw candles or raw Heikin Ashi, it applies a double stage of T3 smoothing to Heikin Ashi values, giving a cleaner trend-following visual without market noise.

It doesn’t replace the original chart candles — it overlays smoothed, wick-less “trend candles” on top of your chart to highlight trend direction clearly.

🧩 Key Components:
1. Custom Timeframe Input

customTF = input.timeframe("120", "Custom Timeframe")
👉 You can choose any timeframe (5m, 15m, 1h, Daily, etc.), regardless of your chart timeframe.
This allows multi-timeframe analysis (e.g., plotting 2-hour smoothed candles on a 5-minute chart).

2. T3 Smoother Function

A custom function t3(src, length, v) is used.

T3 is a triple exponential moving average (EMA) smoother with a “volume factor” v.

Advantage: less lag than normal EMA/SMA, but smoother and cleaner trend lines.

3. Heikin Ashi Logic (inside calcHaT3)

Stage 1: Apply T3 smoothing to Heikin Ashi open, high, low, close.

Stage 2: Recalculate Heikin Ashi formula (open/close averaging, high/low logic).

Stage 3: Apply another round of T3 smoothing.

Final Output: Super-smooth OHLC values.

4. Plotting

Candles are plotted with:

No wicks (only body high/low).

Colors:

Green (lime) if close > open.

Red/Orange if close < open.

Slight transparency (95) so they don’t overpower chart candles.

👉 This way you get a visual overlay of the smoothed Heikin Ashi trend.

5. Alerts

Alerts are triggered when trend color changes:

From red → green (potential long entry).

From green → red (potential exit/short).

✅ Pros (Advantages)

Noise Reduction

Double T3 + Heikin Ashi makes signals smoother than raw price or single MA.

Clear Trend Identification

Candles change color only when trend is strong enough, filtering false moves.

Multi-Timeframe Support

You can plot higher timeframe trends (e.g., daily smoothed trend) on lower charts.

No Wick Confusion

Removes wicks to simplify visuals, focusing purely on direction.

Alerts for Trend Shifts

Automatic alert conditions for quick reaction.

Perfect for Long Entries

Since it’s designed for “long entry” confirmation, it’s especially helpful to avoid early entries.

⚡ How to Use This Script

Add to Chart

Copy → Paste into TradingView Pine Editor → Save & Add to Chart.

Select Custom Timeframe

Default is 120m (2 hours) but you can change to 15m, 60m, Daily, etc.

Example: On a 5m chart, load a 1h or 4h SRi-T3 to align with bigger trend.

Look for Color Changes

Green = bullish trend (favorable for long entries).

Orange/Red = bearish trend (avoid longs or look for short setup).

Use Alerts

Set alerts for "Heikin-Ashi Smoothed from red to green" = Long Signal.

"Heikin-Ashi Smoothed from green to red" = Exit/Short Signal.

Combine with Other Tools

Works best if combined with pivots, support/resistance, or momentum oscillators (RSI, CCI, etc.).

Use SRi-T3 as trend filter, enter trades only in its direction.

📊 Example Trading Setup

On a 15m chart:

Plot SRi-T3 with 60m timeframe → this gives you higher timeframe trend.

Enter long trades only if SRi-T3 is green.

Add RSI/MACD for entry confirmation.

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