Originally Posted by 006

Nice work on averaging the Ashi.

The remaining flaw, however, is that in a 30 min, 1hour, or 4hour + time frame the display bars are so far away from actual price you cannot guage entry/exit effectively. You can guage trend, but the bars are as much as 50 pips above/below price.

Can we adjust the Heikin to just be smoothed instead of averaged? Perhaps this will result in the bars being actually on top of price.

It may also be VERY useful to code adjustable bars based on range size, not just direction (similar to renko). For instance, to set price ranges (say 10 pips, 5 pips, other).

If not, even just smoothing capability resulting in price accuracy would be a very effective accomplishment.

Thank you.