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ADP Heiken Ashi [Wonra]

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**Heiken Ashi candles dynamically colored by Accumulation/Distribution Pressure (ADP) zones for enhanced trend visualization**

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## 📝 Full Description:

### ADP Heiken Ashi [Wonra]

This indicator combines **Heiken Ashi candles** with **Accumulation/Distribution Pressure (ADP)** analysis to provide enhanced trend visualization through dynamic candle coloring.

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### 🔬 How It Works

**Accumulation/Distribution Pressure (ADP)** is a volume-weighted momentum oscillator that measures buying and selling pressure on a 0-100 scale:

- **ADP < 45**: Accumulation Zone (buying pressure dominant)
- **ADP > 55**: Distribution Zone (selling pressure dominant)
- **ADP 45-55**: Neutral Zone (balanced pressure)

**The Calculation:**
1. Price change is compared to True Range to determine directional strength
2. Volume is applied as a weight to amplify significant moves
3. RMA smoothing creates a stable 0-100 oscillator
4. A JMA (Jurik Moving Average) signal line provides trend context

**Heiken Ashi candles** are then colored based on the ADP zone:
- **Bright Green**: Bullish HA candle in Accumulation Zone with rising ADP
- **Bright Red**: Bearish HA candle in Distribution Zone with falling ADP
- **Orange**: Bullish HA in Distribution (potential exhaustion warning)
- **Blue**: Bearish HA in Accumulation (potential reversal brewing)

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### 🎨 Visual Guide

| Candle Color | Meaning |
|--------------|---------|
| **Bright Green** | Strong bullish momentum + smart money accumulating |
| **Light Green** | Bullish but neutral zone - proceed with caution |
| **Bright Red** | Strong bearish momentum + distribution underway |
| **Light Red** | Bearish but neutral zone - watch for changes |
| **Orange** | Bullish price but distribution detected - warning |
| **Blue** | Bearish price but accumulation detected - reversal possible |

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### ⚙️ Settings

**ADP Settings:**
- `ADP Period` (default: 14): Lookback period for pressure calculation
- `AD Weight`: Balance between pure AD ratio and signed weighting
- `Price Weighted Volume`: Apply price as additional volume weight

**JMA Signal Settings:**
- `JMA Length` (default: 21): Smoothing period for signal line
- `JMA Phase`: Overshoot control (-100 to +100)
- `JMA Power`: Smoothness factor (1-5)

**Zone Settings:**
- `Accumulation Zone`: ADP level below which accumulation is detected
- `Distribution Zone`: ADP level above which distribution is detected

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### 📊 Info Panel

The top-right panel displays:
- Current ADP value with zone coloring
- JMA signal line value
- Current zone status (Accumulation/Distribution/Neutral)
- ADP momentum direction (Rising/Falling)

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### 📈 Best Use Cases

- **Trend Confirmation**: Verify trend strength through zone analysis
- **Divergence Detection**: Price vs ADP zone divergence
- **Momentum Analysis**: Track accumulation/distribution phases
- **Context Overlay**: Use alongside other analysis tools

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### ⚠️ Important Notes

- This is a **visualization tool**, not a trading signal generator
- Heiken Ashi candles smooth price action and may lag real prices
- Always combine with other analysis methods
- Past performance does not guarantee future results

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### 🔄 Version History

**v1.1**
- Simplified to pure visualization tool
- Enhanced ADP zone coloring
- Added JMA signal line for context
- Streamlined info panel

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**Created by Wonra | 2025**

Exención de responsabilidad

La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.