Conversion of "Average Price Bars"

• 06/20/2020 at 2:19 PM #136630
  rigel

  Hi Nicolas

  Wonder if you could convert Average Price Bars from mq4. They are allegedly a better version of Heikin Ashi.

  • Provide a better depiction of current market trend at a glance.
  • Reveal periods of consolidation.
  • Show market strength.
  • Eliminate fluctuations of nominal price action.
  • Removes the noise of price distortion of the underlying trend

  Thanks a lot

  Rigel

  

  rigel

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  06/22/2020 at 10:46 AM #136739
  Nicolas

  Here is the translated code for the Synergy Average Price Bars.

  if barindex>1 then ld24 = (Open[0] + High[0] + Low[0] + Close[0]) / 4.0 ld24 = (ld24 + Close[0]) / 2.0 ld0 = (ld0[1] + (ld24[1])) / 2.0 ld8 = Max(High[0], Max(ld0, ld24)) ld16 = Min(Low[0], Min(ld0, ld24)) endif drawcandle(ld0,max(ld8,ld16),min(ld8,ld16),ld24) return

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  if barindex>1 then ld24 = (Open[0] + High[0] + Low[0] + Close[0]) / 4.0 ld24 = (ld24 + Close[0]) / 2.0 ld0 = (ld0[1] + (ld24[1])) / 2.0 ld8 = Max(High[0], Max(ld0, ld24)) ld16 = Min(Low[0], Min(ld0, ld24)) endif   drawcandle(ld0,max(ld8,ld16),min(ld8,ld16),ld24)   return

   

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  Nicolas

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  06/22/2020 at 6:06 PM #136814
  rigel

  Thanks a lot Nicolas!

  

  rigel

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