Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Heikin Ashi indicator with bar outline same color as bar?
Heiken Ashi Candelstick oscilator, as described in the December, 2008 issue of Stocks and Commodities by Sylvain Vervoort has a period variable setting for length. I can not find that in the NT7 version.
One step further would be to include a cycle period element that when "on" would adjust the length to suit market conditions.
In Vervoorts work there was also "on/off" switches for coloring the bars, displaying a directional bar and for displaying the oscillator. While the NT code references the article it also parses the work, why? That is like leaving 6 letters out of the alphabet.
I have the original article and non C# code for the Vervoort version with cycle period. I would love to have that in the toolbox and I think many would see value in it if anyone is interested in taking that on.
Exported using NT 7.0.1000.22
Modified Heikin Ashi Bars:
- Option to select between the original Heikin-Ashi bars created by Dan Valcu and the modified Heikin-Ashi bars suggested by Sylvain Vervoort.
- The Heikin-Ashi candles can be smoothed …
now has the following additional features
- candle outline color can be different from candle color
- candles can be displayed according to the original definition by Dan Valcu or the modified definiton by Sylvain Vervoort
- candles can be displayed on a lower panel
I have also added a second indicator, which allows to color any chart according to the Heiken-Ashi trend.
Had played around yesterday with Heiken-Ashi Candles and applied them to various moving averages. Then posted i an trading journal. I plan to add this feature to my Heiken-Ashi indicator, but would love to have some comments first. Posting it again here...
There was a small bug in the previous version of the HeikinAshiX indicator. I have now replaced it.
The Butterworth, Gauss and Supersmoother Filters were not called correctly, and therefore always produced fast trendfilters. This problem did not affect smoothing with other moving averages.
I will shortly update the HeikenAshi indicator in the download section to include the options of the anaHeikenAshiX.
After some testing, I have now updated the HeikinAshi bars in the download section. The anaHeikinAshiX versions are now obsolete, as I have added the smoothing to the main indicator.
Exported using NT 7.0.1000.22
Modified Heikin Ashi Bars:
- Option to select between the original Heikin-Ashi bars created by Dan Valcu and the modified Heikin-Ashi bars suggested by Sylvain Vervoort.
- The Heikin-Ashi candles can be smoothed …
These are the changes:
- HeikinAshi candles (according to Dan Valcu or Sylvain Vervoort) can be smoothed with a Median, Mode or 27 different moving averages.
- The resulting trend can be displayed via a separate paint bar indicator.
- The paintbar indicator exposes the trend as a BoolSeries and can be used for an automated strategy.
- I have modified the code for allowing a displacement.
- The plot has been optimized. Both indicators will now either show an uptrend or downtrend. The few neutral bars, which only appeared on the Heikin Ashi candles have been eliminated.