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  #11 (permalink)  
Old 07-02-2006, 09:46 PM
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can somebody do heiken ashi bars based on open price? =dont recolour oncurrent bar
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  #12 (permalink)  
Old 07-28-2006, 11:15 PM
006 006 is offline
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One Flaw Remaining

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.
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  #13 (permalink)  
Old 07-30-2006, 06:58 AM
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Very nice

Can this be made into a Histogram on separte window ?

Thanks
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  #14 (permalink)  
Old 07-30-2006, 09:25 AM
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Quote:
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.
Effect will be the same…
Look at the picture…
Red and RoyalBlue = HeikenAshiMa
Yellow and Orange = standard HeikenAshi smoothed by moving average… same period and method as HeikenAshiMa…

Raff
Attached Images
File Type: gif ham_smoothed.gif (22.4 KB, 4016 views)
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Last edited by raff1410; 07-30-2006 at 09:30 AM.
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  #15 (permalink)  
Old 07-30-2006, 02:02 PM
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Quote:
Originally Posted by raff1410
Effect will be the same…
Look at the picture…
Red and RoyalBlue = HeikenAshiMa
Yellow and Orange = standard HeikenAshi smoothed by moving average… same period and method as HeikenAshiMa…

Raff
Hi Raff,

can you please post this indicator..

Thanks
Babar
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  #16 (permalink)  
Old 07-30-2006, 03:50 PM
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Hi,

I think the whole Heiken Ashi concept has been lost in this. Take any chart and pop two EMA's on it for example a EMA(20) based on the HIGH and an EMA(20) based on the LOW prices... now add this Heiken_Ma thing to the chart and set its Period simmilar to the EMA's used above in this case also 20...

What you get is basically a EMA channel, this is totally unrelated to the real Heiken etc.

I am using EMA channels as part of my exit system, having the Heiken_MA thing on a chart makes it just more visually appealing Like a prev. poster noticed, for entries, this is no good probably due to the fact that the relation to the TRUE Heiken Ashi concept has been lost.

Just my 1 Pip's worth to keep things in perspective.

Happy Hunting !

FX Sniper
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  #17 (permalink)  
Old 07-30-2006, 05:09 PM
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Quote:
Originally Posted by babarmughal
Hi Raff,

can you please post this indicator..

Thanks
Babar
Hi...
MaPeriod=1; MaPeriod2=1; You will get Heiken Ashi

MaPeriod=1; MaMetod2=2; MaPeriod2=3; You will get smoothed Heiken Ashi

MaPeriod=3; MaMetod=2; MaPeriod2=1; You will get Heiken Ashi MA

MaPeriod=3; MaMetod=2; MaMetod2=2; MaPeriod2=3 You will get smoothed Heiken Ashi MA (nonsense to me)

THNX
Raff
Attached Files
File Type: mq4 Heiken_Ashi_Smoothed.mq4 (4.2 KB, 1110 views)
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  #18 (permalink)  
Old 07-30-2006, 05:18 PM
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Thumbs up

Quote:
Originally Posted by FX_Sniper
Hi,

I think the whole Heiken Ashi concept has been lost in this. Take any chart and pop two EMA's on it for example a EMA(20) based on the HIGH and an EMA(20) based on the LOW prices... now add this Heiken_Ma thing to the chart and set its Period simmilar to the EMA's used above in this case also 20...

What you get is basically a EMA channel, this is totally unrelated to the real Heiken etc.

I am using EMA channels as part of my exit system, having the Heiken_MA thing on a chart makes it just more visually appealing Like a prev. poster noticed, for entries, this is no good probably due to the fact that the relation to the TRUE Heiken Ashi concept has been lost.

Just my 1 Pip's worth to keep things in perspective.

Happy Hunting !

FX Sniper
Good point...
From one indicator to another, step by step, first concept + second concept + third concept +… …+ n concept… and out of perspective...
Show must go on…. Crazy...

Raff...
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  #19 (permalink)  
Old 08-29-2006, 06:00 PM
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Wink Step by step...

Hi...
Step HAMA...

Raff
Attached Files
File Type: mq4 Heiken_Ashi_Ma.mq4 (3.9 KB, 1266 views)
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Last edited by raff1410; 08-30-2006 at 12:34 PM.
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  #20 (permalink)  
Old 08-29-2006, 09:57 PM
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Quote:
Originally Posted by raff1410
Hi...
Step HAMA...

Raff
This one looks like a winner !!

Thanks
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