Heikin-Ashi coding

BC · 2016-12-27T13:18:45+00:00

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] Thanks.

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12/27/2016 at 2:18 PM #19177 quote
BC
Participant

Master
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]
```
Thanks.
12/28/2016 at 10:18 AM #19209 quote
Nicolas
Keymaster

Legend
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 
```
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”.
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