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Can anyone create a modified Heiken Ashi indicator that is based on a moving average instead of raw price data? Basing the Heiken Ashi on a JMA, T3 or Hull Moving average filters out whipsaws and makes the indicator extremely effective at pinpointing turning points. Almost too good to be true.
The Heiken Ashi in Esignal has this option built into the indicator. It is so effective that I've seen people who have used it for daytrading with good results. Too bad there is not one programmed for Metatrader.
Hopefully one of you programmers would be so kind as to take a shot at it...
I'm looking for this myself at the moment, I'm hoping a programmer has the time to take it on.
Quote:
Originally Posted by excite2
Can anyone create a modified Heiken Ashi indicator that is based on a moving average instead of raw price data? Basing the Heiken Ashi on a JMA, T3 or Hull Moving average filters out whipsaws and makes the indicator extremely effective at pinpointing turning points. Almost too good to be true.
The Heiken Ashi in Esignal has this option built into the indicator. It is so effective that I've seen people who have used it for daytrading with good results. Too bad there is not one programmed for Metatrader.
Hopefully one of you programmers would be so kind as to take a shot at it...
This is fantastic. Can you make it as a paintbar over a normal bar instead of as a candlestick? If you need a picture, I can post one for you... simply as the way that ASCTrend colors the bars. I would much appreciate it!!
Isnt the whole idea though that they are HA Candles ?
If it is a paint bar, It will then just be a ma cross signal.
I could be wrong though
Mart
Quote:
Originally Posted by scott TTM
Raff,
This is fantastic. Can you make it as a paintbar over a normal bar instead of as a candlestick? If you need a picture, I can post one for you... simply as the way that ASCTrend colors the bars. I would much appreciate it!!