Heikin Ashi candlestick body and moving average condition

• 09/20/2018 at 8:30 PM #80991
  Tanou

  Hello Nicolas,

   

  Before to test this strategy I’d like to understand what “xClose” is standing for..

   

  Can you explain?

   

  Thank you one more time…!

   

  

  Tanou

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  09/20/2018 at 11:24 PM #80996
  Tanou

  For information here’s what my code looks like:

  DEFPARAM CumulateOrders = false // Annule tous les ordres en attente et ferme toutes les positions à 0:00, puis empêche toute création d'ordre avant l'heure "FLATBEFORE". DEFPARAM FLATBEFORE = 080000 // Annule tous les ordres en attente et ferme toutes les positions à l'heure "FLATAFTER" DEFPARAM FLATAFTER = 173000 //Heikin-Ashi xClose = (Open+High+Low+Close)/4 if(barindex>2) then xOpen = (xOpen[1] + xClose[1])/2 endif Green = xClose>xOpen Period=30 // 48 34 inner = 2*weightedaverage[ round( Period/2 ) ](xclose)-weightedaverage[Period](xclose) MMHULL=weightedaverage[ round( sqrt(Period) ) ]( inner ) macross = xclose crosses over MMHULL if green[1] and macross and green then buy at market endif set target pprofit 7// EN 1 MIN 9 7 set stop ploss 31 // EN 1 MIN 11 31

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27

  DEFPARAM CumulateOrders = false   // Annule tous les ordres en attente et ferme toutes les positions à 0:00, puis empêche toute création d'ordre avant l'heure "FLATBEFORE". DEFPARAM FLATBEFORE = 080000 // Annule tous les ordres en attente et ferme toutes les positions à l'heure "FLATAFTER" DEFPARAM FLATAFTER = 173000     //Heikin-Ashi xClose = (Open+High+Low+Close)/4 if(barindex>2) then xOpen = (xOpen[1] + xClose[1])/2 endif Green = xClose>xOpen   Period=30 // 48 34 inner = 2*weightedaverage[ round( Period/2 ) ](xclose)-weightedaverage[Period](xclose) MMHULL=weightedaverage[ round( sqrt(Period) ) ]( inner )   macross = xclose crosses over MMHULL   if green[1] and macross and green then buy at market endif   set target pprofit 7// EN 1 MIN 9 7 set stop ploss 31 // EN 1 MIN 11 31

  What I don’t get is the clos and why it keeps opening position 1 bar “too late”, is there a way to make it one bar before for the entry?

  

  Tanou

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  09/21/2018 at 9:25 AM #81000
  Nicolas

  xClose is the variable that hold the HeikinAshi candlestick Close value.

  Positions are not opened too late: code is read at Close, positions are opened at next bar Open.

   

  

  Nicolas

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  09/21/2018 at 9:26 AM #81001
  Tanou

  Ok so waht is the xOpen standing for? The previous candle opening?

  

  Tanou

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  09/21/2018 at 10:02 AM #81002
  Nicolas

  xOpen is the variable for the Heikin Ashi Open value.

  HeikinAshi candlesticks are smoothing the price, that’s why they give different values than the real price and therefore need to be calculated.

  

  Nicolas

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  09/21/2018 at 10:15 AM #81010
  Tanou

  I get it but why calculate xClose and not xOpen then?

  

  Tanou

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  09/21/2018 at 10:16 AM #81011
  Tanou

  To be precise, the only point I don’t get is this calculation:

  xOpen = (xOpen[1] + xClose[1])/2

  1	xOpen = (xOpen[1] + xClose[1])/2

  What is it calculating?

  

  Tanou

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  09/21/2018 at 10:31 AM #81012
  Tanou

  Green = xClose>xOpen harange = abs(xclose-xopen)

  1 2	Green = xClose>xOpen harange = abs(xclose-xopen)

  “Green” is a condition showing when the current candle is above the previous candle

  “harange” is calculating the abs value of an evolution

  So when you write:

  harange>harange[1]

  1	harange>harange[1]

  It returns “Green” but on previous candles right?

   

   

  

  Tanou

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  09/21/2018 at 11:58 AM #81015
  Nicolas

  Tanou wrote:

  I get it but why calculate xClose and not xOpen then?

  To be calculated xOpen need at least 1 xClose, that’s why we wait 2 barindex before its calculation:

  if(barindex>2) then xOpen = (xOpen[1] + xClose[1])/2 endif

  1 2 3

  if(barindex>2) then xOpen = (xOpen[1] + xClose[1])/2 endif

  Tanou wrote:

  “Green” is a condition showing when the current candle is above the previous candle

  No. Green is a boolean condition to test if xClose is superior to xOpen (a green Heikin Ashi candle), if it is true, green=1.

  I strongly recommend you to watch the training videos for programming, the first course is free 😉

  harange>harange[1] is testing if the current range is superior to its previous one, like the way you want in your initial request. Number in brackets is an offset in the past.

   

  

  Nicolas

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