Heikin Ashi Smooth

bearbull · 2020-09-19T16:51:31+00:00

I use the Heikin Ashi Smooth as a moving average and want to incorporate it into a system. I want to code buy and sell signals based on the Heikin Ashi smooth. Buy when first green Heikin Ashi smooth appears and closes, after a succession of red Heikin Ashi smooth. This to be irrespective of where price action candles are on the chart. I will concentrate on the buy side and then move onto developing the sell side. Attached is a screen shot of the red Heikin Ashi eventually closing green……..the setting price in the back ground is Line + points. Any guidance on this first element would be very helpful. Many thanks

Viewing 6 posts - 1 through 6 (of 6 total)

Author

Posts
09/19/2020 at 5:51 PM #144777 quote

bearbull
Participant

Average

I use the Heikin Ashi Smooth as a moving average and want to incorporate it into a system.

I want to code buy and sell signals based on the Heikin Ashi smooth.

Buy when first green Heikin Ashi smooth appears and closes, after a succession of red Heikin Ashi smooth.

This to be irrespective of where price action candles are on the chart.

I will concentrate on the buy side and then move onto developing the sell side.

Attached is a screen shot of the red Heikin Ashi eventually closing green……..the setting price in the back ground is Line + points.

Any guidance on this first element would be very helpful.

Many thanks

09/19/2020 at 6:03 PM #144779 quote

bearbull
Participant

Average

……………I think I have found the code……

09/20/2020 at 2:39 PM #144806 quote
bearbull
Participant

Average
Ok I had a crack at the code using the simplified method of creating code……….

Its telling me there is a syntax error in line 6 (as that has an exclamation mark in an orange triangle – LOL)

Just trying to get it started in the first instance i.e. buy when Heikin Ashi Smooth candle turns green after a red candle………..although I only could think that you would have to state that the Heikin Ashi smooth indicator relevant

candle would close above the open as I dont think you can program colour changes? is that correct?

Any guidance would be a great help.

Thanks.
```
// Definition of code parameters
DEFPARAM CumulateOrders = False // Cumulating positions deactivated

// Conditions to enter long positions
c1 = CALL "Heikin_Candle_smoothed"[21, 5, -2, 21, 0]
> CALL "Heikin_Candle_smoothed"[21, 5, -2, 21, 0]
[1]

IF c1 THEN
BUY 1 PERPOINT AT MARKET
ENDIF

// Conditions to exit long positions
c2 = (CALL "Heikin_Candle_smoothed"[21, 5, -2, 21, 0]
< CALL "Heikin_Candle_smoothed"[21, 5, -2, 21, 0]
[1])

IF c2 THEN
SELL 1 PERPOINT AT MARKET
ENDIF
```
09/20/2020 at 2:53 PM #144807 quote
robertogozzi
Moderator

Legend
Lines 6 and 15 have more than one error each:
- remove the initial “>”
- use a variable to assign the returned value of the CALL.
09/20/2020 at 2:57 PM #144808 quote

bearbull
Participant

Average

Hi.

Thanks for getting back.

I dont understand ‘use a variable to assign the returned value of the CALL.’

thanks

09/20/2020 at 4:03 PM #144809 quote

robertogozzi
Moderator

Legend

Because CALL returns a value and that value has to be stored somewhere, like in lines 5 and 14, so that you can compare them.

You cannot use “>” to compare 2 different CALL and it cannot be written in separate lines.
Author

Posts