Heikin-Ashi Candle technique Help to CREATE!!

[akwonline]

Hi folks

Can anyone help to modify or create a Heikin-Ashi Candle technique with these calculations

• xClose = (Open+High+Low+Close)/4
  o Average price of the current bar
• xOpen = [xOpen(Previous Bar) + Close(Previous Bar)]/2
  o Midpoint of the previous bar
• xHigh = Max(High, xOpen, xClose)
  o Highest value in the set
• xLow = Min(Low, xOpen, xClose)
  o Lowest value in the set

I see that NT has a Heikin-Ashi Candle, but they do not have these exact calculations.

Can anyone help to modify the NT Hekin-Ashi, or create a New one with these calculations

Thanks

[NinjaTrader_JoshP]

As a last resort you can also try contacting one of our NinjaScript Consultants. http://www.ninjatrader.com/webnew/pa...injaScript.htm

[thrunner]

calculations

• xClose = (Open+High+Low+Close)/4
  o Average price of the current bar
• xOpen = [xOpen(Previous Bar) + Close(Previous Bar)]/2
  o Midpoint of the previous bar
• xHigh = Max(High, xOpen, xClose)
  o Highest value in the set
• xLow = Min(Low, xOpen, xClose)
  o Lowest value in the set

Please note that the only coding difference between your code (the traditional HA coding) and the NT HA code is the inclusion of above xClose. You will find that in all cases xClose is always going to be less than the High (in the third condition) and greater than the Low (in the fourth condition). Therefore there is no reason to do the comparison in the code. This is a fairly well known redundant code in the original Heikin-Ashi calculation.

You can try this out with TS or any other charting package you are using and please post a sample of the difference if you can find one.

Should you decide to go ahead and try this in NT as an exercise, you could consider the following code changes starting with line 65:

[SIZE=2][FONT=Courier New]Values[[/FONT][/SIZE][FONT=Courier New][SIZE=2][COLOR=#800080]3[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]].Set((Open[[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080]0[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]] + High[[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080]0[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]] + Low[[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080]0[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]] + Close[[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080]0[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]]) / [/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080]4[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]); [/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#008000]// Calculate the close[/COLOR][/SIZE][/FONT]
[FONT=Courier New][SIZE=2]Values[[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080]0[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]].Set((Values[[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080]0[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]][[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080]1[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]] + Values[[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080]3[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]][[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080]1[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]]) / [/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080]2[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]); [/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#008000]// Calculate the open[/COLOR][/SIZE][/FONT]
[FONT=Courier New][SIZE=2][COLOR=#008000]//http://www.ninjatrader-support.com/vb/showthread.php?t=5382[/COLOR][/SIZE][/FONT]
[FONT=Courier New][SIZE=2]Values[[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080]1[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]].Set( Math.Max(Math.Max(High[[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080]0[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]], Values[[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080]0[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]][[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080]0[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]]), Values[[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080]3[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]][[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080]0[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]]) ); [/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#008000]// Calculate the high[/COLOR][/SIZE][/FONT]
[FONT=Courier New][SIZE=2]Values[[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080]2[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]].Set( Math.Min(Math.Min(Low[[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080]0[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]], Values[[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080]0[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]][[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080]0[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]]), Values[[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080]3[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]][[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080]0[/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2]]) ); [/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#008000]// Calculate the low[/COLOR][/SIZE][/FONT]

HA with the original (& redundant) xClose test attached.

[akwonline]

I tried

Hi Josh

I did contact some of those people on the list and I did not get a response.

IF you know of others please let me know

Thanks

[sbgtrading]

Hello akwonline,

I've posted the classic Heiken-Ashi indicator here, it's available as a free download.

I also have coded the Heiken-Ashi smoothed indicator (ported over from Metatrader code). You can see its picture here.


Ben

Hi Josh

I did contact some of those people on the list and I did not get a response.

IF you know of others please let me know

Thanks