heikin ashi of higher timeframes under h1

• 05/26/2018 at 1:04 PM #71396
  pableitor

  Hi, I’m looking for a Heiken Ashi indicator that paints candles from a higher time frame . For instance my system operates in m1 and I am looking to validate entries if the HA candles in m15 or m5 are in the same direction than the m1 order (green HA in m5/m15 for m1 buy or red HA in m5/m15 for sell order).  I found a nice indicator by Nicolas Heikin Ashi of higher timeframes (hourly TF) but the minimum TF there is H1.  Is there anything similar for lower TF ?

  Thanks

  

  pableitor

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  05/27/2018 at 6:01 PM #71441
  pableitor

  I finally tweaked  Nicolas indicator code Heikin Ashi of higher timeframes (hourly TF) to allow for 5 & 15 min TF:

  higher TF HekinAshi candles

  defparam calculateonlastbars=10000 //increase this number to get more history TimeframeHAminutes = 15 //higher TF for HA in minutes Myminutes = openhour*60 + openminute if (Myminutes MOD TimeframeHAminutes = 0) then opentf = open hightf = 0 lowtf = close * 100 haopen =( haopen[1]+haclose[1])/2 drawvline(barindex)coloured(100,100,100) endif hightf = max(hightf,high) lowtf= min(lowtf,low) haclose=(opentf+close+lowtf+hightf)/4 r=0 g=200 if haclose<haopen then r=200 g=0 endif if haclose>haopen and haclose[1]<haopen[1] then signal=0.1 elsif haclose<haopen and haclose[1]>haopen[1] then signal=-0.1 else signal=0 endif return 1 coloured (r,g,0) style(histogram) as "HeikinAshi higherTF color", signal style(histogram) as "HeikinAshi higherTF change"

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  defparam calculateonlastbars=10000 //increase this number to get more history TimeframeHAminutes = 15 //higher TF for HA in minutes Myminutes = openhour*60 + openminute   if (Myminutes MOD TimeframeHAminutes = 0) then opentf = open hightf = 0 lowtf = close * 100 haopen =( haopen[1]+haclose[1])/2 drawvline(barindex)coloured(100,100,100) endif hightf = max(hightf,high) lowtf= min(lowtf,low) haclose=(opentf+close+lowtf+hightf)/4   r=0 g=200 if haclose<haopen then r=200 g=0 endif   if haclose>haopen and haclose[1]<haopen[1] then signal=0.1 elsif haclose<haopen and haclose[1]>haopen[1] then signal=-0.1 else signal=0 endif   return 1 coloured (r,g,0) style(histogram) as "HeikinAshi higherTF color", signal style(histogram) as "HeikinAshi higherTF change"

  Regards

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  pableitor

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  05/29/2018 at 4:35 PM #71613
  martinr

  Hi Pableitor, I thank you so much for sharing this.

  I would like to ask you for your help and maybe the help of Nicolas. I am desperate to display a Heiken Ashi indicator in m1. My system operates in s1. I try in TimeframeHAminutes in your indicator but it does not work. Can you help me please ?

  Thanks for your help.

  

  martinr

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  05/29/2018 at 4:43 PM #71618
  Nicolas

  Hi martinr, what do you want to do exactly? Display M1 Heikin Ashi candlesticks on a M1 timeframe?

  

  Nicolas

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  05/29/2018 at 4:51 PM #71620
  martinr

  Hi Nicolas, I would like to display Display M1 Heikin Ashi candlesticks on a S1 (1 second) timeframe. I think it’s possible. Thank you for your help.

  I take this opportunity to saluate the extraordinary work you have done in creating this forum and all the indicators that you share. Bravo!

  

  martinr

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  05/29/2018 at 5:43 PM #71626
  Nicolas

  oh sorry, S1 means 1 second TF .. of course 🙂

  Yes, I think that it would be possible to adapt the code that @pableitor has shared with us.

  Did you try to modify the setting just with:

   TimeframeHAminutes = 1

  1	TimeframeHAminutes = 1

  Because it returns some red/green values in the 1 sec TF (see example attached).

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  Nicolas

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  05/29/2018 at 6:26 PM #71629
  martinr

  Thank you very much. I’m testing

  

  martinr

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  05/29/2018 at 6:43 PM #71631
  martinr

  I had already tried. The histogram shows 1 second instead 1 minute! I tried to convert but there is no opensecond.

  Even when I try :

  TimeframeHAminutes = 2

  1	TimeframeHAminutes = 2

  It does not show 2 minutes.

  I need your help.

  Thanks

  

  martinr

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  05/29/2018 at 7:34 PM #71632
  pableitor

  Hi martinr,

  Pls check below code.

  defparam calculateonlastbars=3000 //increase this number to get more history TimeframeHAseconds = 60 //higher TF seconds Myseconds = openhour*3600 + 60*openminute + opentime MOD 60 if (Myseconds MOD TimeframeHAseconds = 0) then opentf = open hightf = 0 lowtf = close * 100 haopen =( haopen[1]+haclose[1])/2 drawvline(barindex)coloured(100,100,100) endif hightf = max(hightf,high) lowtf= min(lowtf,low) haclose=(opentf+close+lowtf+hightf)/4 r=0 g=200 if haclose<haopen then r=200 g=0 endif if haclose>haopen and haclose[1]<haopen[1] then signal=0.1 elsif haclose<haopen and haclose[1]>haopen[1] then signal=-0.1 endif return 1 coloured (r,g,0) style(histogram) as "HeikinAshi higherTF color", signal style(histogram) as "HeikinAshi higherTF change"

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  defparam calculateonlastbars=3000 //increase this number to get more history TimeframeHAseconds = 60 //higher TF seconds   Myseconds = openhour*3600 + 60*openminute + opentime MOD 60   if (Myseconds MOD TimeframeHAseconds = 0) then opentf = open hightf = 0 lowtf = close * 100 haopen =( haopen[1]+haclose[1])/2 drawvline(barindex)coloured(100,100,100) endif hightf = max(hightf,high) lowtf= min(lowtf,low) haclose=(opentf+close+lowtf+hightf)/4   r=0 g=200 if haclose<haopen then r=200 g=0 endif   if haclose>haopen and haclose[1]<haopen[1] then signal=0.1 elsif haclose<haopen and haclose[1]>haopen[1] then signal=-0.1 endif   return 1 coloured (r,g,0) style(histogram) as "HeikinAshi higherTF color", signal style(histogram) as "HeikinAshi higherTF change"

  I tweaked Nicolas indicator further so you can configure the higher TF in seconds (for m1 TimeframeHAseconds = 60) and display the m1 HA candle in a s1 chart.  I found sometimes the 1sec candle is missing in the streaming data which may lead to small inaccuracies when the missing s1 candle is the first one of each minute.  Beside this it seems to work fine, pls check it and advise if you need any info.

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  pableitor

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  05/30/2018 at 11:15 AM #71681
  martinr

  Thank you pableitor for your time. It works a lot better but there are still significant gaps between the “real” Heikin-Ashi “1 min and the one displayed on a graph of 1 sec.I also find that nothing is displayed after 3000 units which is logical since there is 3000 bar (calculateonlastbars) but even with 1000 bar, the signal is never at 0. This causes white margins.

  

  martinr

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  05/30/2018 at 1:33 PM #71689
  pableitor

  Yes, I know what you mean.  The program takes the open at the very first second of each minute to calculate open for the next m1 HA candle , but I found at 1 sec level sometimes theres a data gap at the very first second of the minute so it loses accuracy.  At higher TF it works pretty good but I dont know how to tweak it to replace that missing 1sec data , sorry!

  

  pableitor

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  05/30/2018 at 3:44 PM #71712
  martinr

  I think I have found the problem:

  defparam calculateonlastbars=3000

  1	defparam calculateonlastbars=3000

  When you change the number of units on the graph, the indicator changes completely.

  Look at the screenshots. It’s very weird.

  

  martinr

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  05/30/2018 at 6:44 PM #71725
  pableitor

  calculateonlastbars=3000 should load like 50 min of 1 sec data. The bigger the better precision but takes longer to load. Anyway I think the problem is also the s1 missing data. Maybe somebody from PRT could tell us how to calculate m1 HA candles when the open 1sec  data is missing !

  

  pableitor

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  05/31/2018 at 8:04 AM #71813
  Nicolas

  You should use tick charts instead (tick by tick), no missing data because of clockwork in this case. Just like the way I did in this indicator: Cumulative Volume Delta with periods

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  06/01/2018 at 6:14 PM #71979
  martinr

  I will follow your advice and do some testing.

  Thank you very much.

  

  martinr

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