YSR TRIDENT FX - Smoothed Heiken Ashi Candles – Offset Version

🧿 What This Indicator Does

This indicator plots Smoothed Heiken Ashi Candles with a custom vertical offset, allowing traders to view both:

Regular price candles
Smoothed Heiken Ashi trend candles
side-by-side without overlapping.

Traditional Heiken Ashi candles can hide real price movement.
This version solves that by adding double smoothing + adjustable spacing, giving crystal-clear trend visualization while preserving real market structure.

🔥 Key Features
✅ 1. Dual EMA Smoothing

The script applies smoothing twice:
First smoothing: EMA applied on OHLC
Second smoothing: EMA applied on Heiken Ashi values

This creates ultra-clean trend candles with reduced noise.

✅ 2. Adjustable Vertical Distance (Offset)

Control how far Smoothed HA candles appear from regular candles.

Great for:

Scalpers
Price Action traders
educators (clean charts)
No overlap → cleaner market structure.


✅ 3. Accurate Heiken Ashi Formula

Uses:

HA Close = Average of smoothed OHLC
HA Open = Previous HA Open + Previous HA Close / 2
HA High / Low = True trend-based levels
Fully compatible with all markets and timeframes.

🌈 Color Coding

Green → Bullish Trend
Red → Bearish Trend
(The colors follow the smoothed structure, not raw candles.)


✔️ Best Used For

Trend following
Reversal filtering
Identifying clean directional bias
Removing noise from volatile markets

⭐ Recommended Settings

Length 1: 9
Length 2: 9
Vertical Distance: 0.3% to 1%