Heiken Ashi from higher Timeframe do not work

• 03/14/2021 at 11:09 AM #164075
  Jerome888

  Hi

  My need is to get, from the 15min TF, the xopen value from the daily TF.

  The here below code provides

  • correct daily “Heiken Ashi Close” (xClose)
  • uncorrect daily “Heiken Ashi Open” (xOpen) and I fail to understand why.

  TIMEFRAME(daily) if barindex>1 then xClose = (Open + High + Low + Close) / 4 xOpen = (xOpen[1] +xClose[1])/2 endif TIMEFRAME(15 minutes) return xOpen, xClose coloured(255,0,0)

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  TIMEFRAME(daily) if barindex>1 then xClose = (Open + High + Low + Close) / 4 xOpen = (xOpen[1] +xClose[1])/2 endif TIMEFRAME(15 minutes) return xOpen, xClose coloured(255,0,0)

  Any idea ?

  I search the problem since hours…

   

   

   

  

  Jerome888

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  03/14/2021 at 12:49 PM #164098
  robertogozzi

  Change you code:

  • add ONCE xOpen = Open   as line 2
  • line 3 must be written outside the IF…ENDIF

  TIMEFRAME(daily) //or TIMEFRAME(daily,UpdateOnClose) for yesterday's values ONCE xOpen = Open xClose = (Open + High + Low + Close) / 4 if barindex>1 then xOpen = (xOpen[1] +xClose[1])/2 endif TIMEFRAME(15 minutes) return xOpen, xClose coloured(255,0,0)

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  TIMEFRAME(daily)    //or TIMEFRAME(daily,UpdateOnClose) for yesterday's values ONCE xOpen = Open xClose = (Open + High + Low + Close) / 4 if barindex>1 then    xOpen = (xOpen[1] +xClose[1])/2 endif TIMEFRAME(15 minutes) return xOpen, xClose coloured(255,0,0)

   

  

  robertogozzi

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  03/14/2021 at 1:11 PM #164109
  Jerome888

  Thank you.

  I get same result and problem

  (e.g. on the stock PDSB – PDS BIOTECHNOLOGY) xOpen shows a result of 5.2883 instead of 4.59

  

  Jerome888

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  03/14/2021 at 6:00 PM #164132
  robertogozzi

  Yes, you are right. It’s really weird!

  I suggest that you hit Ctrl+M from your platform and send a request for assistance.

  Please post any solution you will be suggested. Thank you 🙂

   

  

  robertogozzi

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  03/14/2021 at 6:44 PM #164134
  Jerome888

  OK I do and I will keep you aware of any solution

  Thank you

  

  Jerome888

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  03/15/2021 at 1:33 AM #164175
  pableitor

  If you just want the H.A. daily xopen and xclose you should use the xClose updated on the latest 15m bar not the xClose from the previous daily bar.  The next code works for me:

  //init if barindex = 1 then xOpen = open endif timeframe(daily) dayOPEN = open dayhigh = high daylow = low timeframe(default) IF dayOPEN <> dayOPEN[1] THEN //calculate daily HA open xOpen =( xOpen[1]+xClose[1])/2 ENDIF xClose=(dayOpen+close+dayhigh+daylow)/4 RETURN xOpen AS "xOPEN", xClose as "xClose"

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  //init if barindex = 1 then xOpen = open endif   timeframe(daily) dayOPEN = open dayhigh = high daylow = low   timeframe(default) IF dayOPEN <> dayOPEN[1] THEN //calculate daily HA open xOpen =( xOpen[1]+xClose[1])/2 ENDIF   xClose=(dayOpen+close+dayhigh+daylow)/4   RETURN xOpen AS "xOPEN", xClose as "xClose"

   

  

  pableitor

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  03/15/2021 at 5:47 AM #164184
  Jerome888

  It works ! Problem solved !

  and……I understand now why.

  Thank you for your help and time

  

  Jerome888

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  03/15/2021 at 5:57 AM #164186
  Jerome888

  …i THINK I understand why but… unsure

  And if I want to get data from previous daily Ha, I would do that but seems not working

  if barindex = 1 then xOpen = open endif timeframe(daily) dayOPEN = open dayOPEN1 = open[1] dayhigh = high dayhigh1 = high[1] daylow = low daylow1 = low[1] timeframe(default) IF dayOPEN <> dayOPEN[1] THEN //calculate daily HA open xOpen =( xOpen[1]+xClose[1])/2 ENDIF IF dayOPEN[1] <> dayOPEN[2] THEN //calculate daily HA open xOpen1 =( xOpen[2]+xClose[2])/2 ENDIF xClose=(dayOpen+close+dayhigh+daylow)/4 xClose1=(dayOpen1+close[1]+dayhigh1+daylow1)/4

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  if barindex = 1 then xOpen = open endif     timeframe(daily) dayOPEN = open dayOPEN1 = open[1] dayhigh = high dayhigh1 = high[1] daylow = low daylow1 = low[1]     timeframe(default) IF dayOPEN <> dayOPEN[1] THEN //calculate daily HA open xOpen =( xOpen[1]+xClose[1])/2 ENDIF IF dayOPEN[1] <> dayOPEN[2] THEN //calculate daily HA open xOpen1 =( xOpen[2]+xClose[2])/2 ENDIF   xClose=(dayOpen+close+dayhigh+daylow)/4 xClose1=(dayOpen1+close[1]+dayhigh1+daylow1)/4

   

   

   

  

  Jerome888

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  03/15/2021 at 5:58 AM #164187
  Jerome888

  RETURN xOpen AS "xOPEN", xClose as "xClose", xOpen1 AS "xOPEN1", xClose1 as "xClose1",

  1	RETURN xOpen AS "xOPEN", xClose as "xClose", xOpen1 AS "xOPEN1", xClose1 as "xClose1",

   

  

  Jerome888

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  03/15/2021 at 9:23 AM #164196
  robertogozzi

  pableitor ‘s code works fine as long as you don’t use UPDATEONCLOSE.

  It’s a workaround, but it should not be necessary, as it’s the same code as in prior posts and is executed every 15 minutes like the prior one.

  It’s good it works, but it would be better that the prior code worked as well.

   

  

  robertogozzi

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  03/15/2021 at 9:35 AM #164198
  pableitor

  Just note that the daily HA Close  is the same than the last 15minutes HA Close of the day, so we must use xClose[1] from the 15minutes timeframe, not the daily.  In order to get the previous day HA data just save it in a couple of variables before updating the daily xOpen and xClose, like this:

  if barindex = 1 then xOpen = open endif timeframe(daily) dayOPEN = open dayhigh = high daylow = low timeframe(default) IF dayOPEN <> dayOPEN[1] THEN //calculate daily HA open xOpen1 = xOpen xClose1 = xClose[1] xOpen =( xOpen[1]+xClose[1])/2 ENDIF xClose=(dayOpen+close+dayhigh+daylow)/4 RETURN xOpen AS "xOPEN", xOpen1 AS "prev_xOpen" , xClose as "xClose", xClose1 as "prev_xClose"

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  if barindex = 1 then xOpen = open endif timeframe(daily) dayOPEN = open dayhigh = high daylow = low timeframe(default) IF dayOPEN <> dayOPEN[1] THEN //calculate daily HA open xOpen1 = xOpen xClose1 = xClose[1] xOpen =( xOpen[1]+xClose[1])/2 ENDIF xClose=(dayOpen+close+dayhigh+daylow)/4 RETURN xOpen AS "xOPEN", xOpen1 AS "prev_xOpen" , xClose as "xClose", xClose1 as "prev_xClose"

  I used your variables names, but for multiple related variables you can use an array as well.

   

  

  pableitor

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  03/15/2021 at 12:50 PM #164211
  Jerome888

  Pableitor, Robertogozzi

  Thank you both.

  To be honest : It works but I do not understand why and I am lost with regards to your thoughts.

  Pableitor, thank you very much. Last question: I guess the same function but only applied the simple default TF would be simply

  IF BarIndex = 1 THEN XOpen = (Open + Close) / 2 ELSE XClose = TotalPrice XClose1=XClose[1] XOpen = (XOpen[1] + Xclose[1]) / 2 XOpen1 = XOpen[1] ENDIF

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  IF BarIndex = 1 THEN XOpen = (Open + Close) / 2 ELSE XClose = TotalPrice XClose1=XClose[1] XOpen = (XOpen[1] + Xclose[1]) / 2 XOpen1 = XOpen[1] ENDIF

  Thank you again both

  

  Jerome888

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  03/15/2021 at 4:56 PM #164237
  pableitor

  @jerome888  I just cleaned the code a little bit so it can be used on any default TF from 1 min up to 1h. BTW its a pity that PRT doesnt give the HA OHLC values as indicator so it would be easier to calculate the MTF values:

  if barindex = 1 then xOpen = open endif timeframe(daily) dayOPEN = open xClose=Totalprice timeframe(default, updateonclose) IF dayOpen <> dayOPEN[1] THEN //calculate daily HA open xOpen =( xOpen[1]+xClose[1])/2 ENDIF RETURN xOpen AS "xOPen" , xClose as "xClose"

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  if barindex = 1 then xOpen = open endif   timeframe(daily) dayOPEN = open xClose=Totalprice   timeframe(default, updateonclose)   IF dayOpen <> dayOPEN[1] THEN //calculate daily HA open xOpen =( xOpen[1]+xClose[1])/2 ENDIF RETURN xOpen AS "xOPen" , xClose as "xClose"

  PS Yes your code works fine for the default TF.

  

  pableitor

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  03/15/2021 at 5:23 PM #164241
  Jerome888

  Thanks a lot pableitor, I will use replace existing code by this one

   

  

  Jerome888

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  03/15/2021 at 5:23 PM #164242
  Vonasi

  pableitor – Do not use the ‘Quote’ button unless you are actually quoting someone! Your post had your own text included in a quote and no one else’s text in it.

  • Be careful when quoting others in your posts. Only use the quote option when you need to highlight a particular bit of text that you are referring to or to highlight that you are replying to a particular member if there are several involved in a conversation. Do not include large amounts of code in your quotes. Just highlight the text you want to quote and then click on ‘Quote’.

  

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