Heikin-Ashi coding

• 12/27/2016 at 2:18 PM #19177
  BC

  Hi

  Anyone can help on below coding about Heikin-Ashi candle?

  Long： two consecutive green candles, after a series of red candles.

  Short: two red consecutive candles after a series of green candles.

  xClose = (Open+High+Low+Close)/4 if(barindex>2) then xOpen = (xOpen[1] + xClose[1])/2 endif green= xClose>xOpen AND xClose[1]<xOpen[1] red= xClose<xOpen AND xClose[1]>xOpen[1]

  1 2 3 4 5 6

  xClose = (Open+High+Low+Close)/4 if(barindex>2) then xOpen = (xOpen[1] + xClose[1])/2 endif green= xClose>xOpen AND xClose[1]<xOpen[1] red= xClose<xOpen AND xClose[1]>xOpen[1]

  Thanks.

  

  BC

  Participant

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  12/28/2016 at 10:18 AM #19209
  Nicolas

  Based on the code you provided about finding bullish and bearish heikin ashi candlesticks, the code of the strategy would be as follows:

  xClose = (Open+High+Low+Close)/4 if(barindex>2) then xOpen = (xOpen[1] + xClose[1])/2 endif green= xClose>xOpen AND xClose[1]<xOpen[1] red= xClose<xOpen AND xClose[1]>xOpen[1] long = green=1 and green[1]=1 and green[2]=0 short = red=1 and red[1]=1 and red[2]=0 if long then buy 1 share at market endif if short then sell 1 share at market endif

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

  xClose = (Open+High+Low+Close)/4 if(barindex>2) then xOpen = (xOpen[1] + xClose[1])/2 endif green= xClose>xOpen AND xClose[1]<xOpen[1] red= xClose<xOpen AND xClose[1]>xOpen[1]   long = green=1 and green[1]=1 and green[2]=0 short = red=1 and red[1]=1 and red[2]=0   if long then buy 1 share at market endif   if short then sell 1 share at market endif

  Here, I do not test a “series of red candles” or a “series of green candles” but only 1, you’ll have to define what you consider as a “series”.

   

  

  Nicolas

  Keymaster

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