This indicator can toggle the grid line color to transparent (invisible) and back.
I made it switch colors so the price intervals stay the same as opposed to switching off the gridlines completely.
Toggling is done via toolbar button.
User settings allow to select horizontal, vertical or both gridlines.
Heiken Ashi bars were first introduced to the Western World in an article 'Using Heiken-Ashi Technique' in February 2004 issue of TASC magazine. They sure are pretty and a good visual for the trend.
Recently, I attended a seminar by the Author of the article explaining the construct and uses of the this indicator. I have never been a serious fan of this indicator because the price bars are synthetic and of little use to me for day trading.
However, I was really surprised that a derivative of this indicator, HA Delta, is actually a leading indicator showing direction changes 1-3 bars in advance. I think it is because of the range contraction and expansion. Crossing of a 3 period EMA provides a decent signal. Thus, the motivation for writing this indicator.
Also, HA Delta acting as a momentum provides excellent divergence opportunities. However, this indicator as usual can not be used in isolation but works great as confirmation for other trading methods.
By applying the Fisher Trasform to the %K, the problems with the stochastic getting stuck near its extremes are eliminated. This indicator is designed for minimal use of CPU resources with COBC false.
This is a work in progress. Considering adding the Inverse Fisher Transform of the %K later. One of the better known guru trading rooms sells this for a high price, referring to it as the "Cyclone" indicator. It is doubtful that their expensive version is coded to run as efficiently as this one.
Maybe I will apply this to the Cumulative Delta.....
you have the option to:
- choose if a sound should be played when uploaded
- if the url to the image on bmcharts should be enclosed by [IMG] [/IMG]
- choose if the caption of the window should be hidden while taking the screenshot.
- choose the shortcut key
- use mouse to start the capture
default shortcut key is ctrl-alt-k
The zip contains source cdoe (must be compiled with visual studio)
and screenshot.dll (i precompiled this for those who doesnt have visual studio) - just put it in the sierrachart data directory and the custom study will be available
Changelog:
November 2 2012: Mouse button mapping as an option and a right-click context menu button
Heres a cool indy I had written a while back. Its just a basic NT stochastics, but it sends email with a screenshot when the stochastics gets to a certin level. Its real picky about window size and will send a black image if its not happy. It might give you a base for something like it added to another indicator. It's great to get alerts to you phone while at the day job. ;-)
On the first try looks as a very precise timing tool - thank you!
November 21st, 2012 05:30 PM soveral Thank you
November 15th, 2012 04:38 PM texastodd Thanks so much for doing this - I'm still lurking around BM's while trying to teach myself how to program in C# and NT o
n this very item! What a perfect example. I'll be trying the Inv Fish also....
April 4th, 2017 10:44 PM Vedant Thank you Alligator. I downloaded it and am using it as a filter with NT7. Will provide feedback in a fortnight.
April 18th, 2016 09:45 PM akbrtrdr aligator,
Do you know how to get HA Delta with Sierra chart?
February 29th, 2016 10:40 AM no3putts Many thanks!
January 11th, 2016 05:21 AM kakelson5kids very good Thanks
March 4th, 2015 08:05 AM JGSmith I am trying to change this so that it will show a Histogram rather than the lines which I think would make it a bit easi
er on the eyes. But I am failing at doing so. Would you be able to create an update with the option for a histogram? Tha