Heikin Ashi Advanced – help with simple code

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02/11/2024 at 1:28 PM #227915 quote
lingier
Participant

New
I love the following indicator, created by Gidien: https://www.prorealcode.com/prorealtime-indicators/heikin-ashi-advanced/

I’m interested in incorporating this indicator into my trading strategy, but I’m not well-versed in coding.
As a beginner, I’d appreciate assistance with the following:
- Buy when the candlestick is green.
- Sell when the candlestick is red.
This would already mean a step forward for me.

I hope someone can assist me with this

Gr
02/11/2024 at 2:32 PM #227918 quote

jacquesgermain
Participant

Veteran

Good morning

For example

purchase:

F= ao < ac and ao[1]>ac[1]

if F then

BUY 10000 CASH at market
SET STOP %LOSS ts
SET target %profit tp
endif

sale :

G= ao > ac and ao[1]<ac[1]

if G then

SELL 10000 CASH at market
SET STOP %LOSS ts
SET target %profit tp
endif

02/11/2024 at 3:05 PM #227920 quote
JS
Participant

Master
Hi,

Here is the system that buys when the color changes to green and sells when the color changes to red…
```
// ############# Heikin-Ashi Advanced ##################################################
// Written by GSL

DefParam CumulateOrders=False

bo = Average[MAX(1,sma1),AverageType1](Open)
bh = Average[MAX(1,sma1),AverageType1](high)
bl = Average[MAX(1,sma1),AverageType1](low)
bc = Average[MAX(1,sma1),AverageType1](close)


IF BarIndex <= sma1 + 1 THEN
haOpen =  bo
haClose = bc
haHigh = bh
haLow  = bl
//PRINT(haClose)
ELSe
haOpen = (haOpen[1] + haClose[1]) / 2
haClose = (bo + bc + bl  + bh ) / 4
haHigh = MAX( MAX(bh , haOpen), haClose  )
haLow  = MIN( MIN(bl  , haOpen), haClose  )
ao = Average[MAX(1,sma2),AverageType2](haOpen)
ah = Average[MAX(1,sma2),AverageType2](haHigh)
al = Average[MAX(1,sma2),AverageType2](haLow)
ac = Average[MAX(1,sma2),AverageType2](haClose )
ENDIF

IF ao < ac THEN
Buy 1 contract at Market
ELSIF ao > ac THEN
SellShort 1 contract at Market
EndIf
```
Schermafbeelding-2024-02-11-om-14.52.10.jpg Heikin-Ashi-Adv.-System.itf
02/11/2024 at 3:31 PM #227926 quote

lingier
Participant

New

Thx for the *.itf , JS. In your screenshot, it indeed seem to do the trick, exactly how I would want it. But in my workstation, it appears different. Also the name of the backtest appears as (0 0 48 26) and not as (0 0 f 7 3) Maybe this is because I’m using it on timeframes of 1 week? Any tips?

02/11/2024 at 4:07 PM #227932 quote

JS
Participant

Master

Hi,

Did you use the “ITF” file because it contains the parameters that you can adjust…

The time frame shouldn’t matter when using the system, but it does affect the results…

02/11/2024 at 4:07 PM #227933 quote

lingier
Participant

New

Got it fixed Thx for the help all !
JS thanked this post
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