MACD based on Heikin Ashi close

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  • 06/18/2020 at 2:21 PM #136442 quote
    hobby trader
    Participant
    Junior

    Hi,

    Does anyone know of a MACD indicator that is based on HA candle close?

    Thanks

    Steve

    06/18/2020 at 2:36 PM #136450 quote
    robertogozzi
    Moderator
    Master

    There you go:

    once xOpen = open
xClose     = (open + close + high + low) / 4
if barindex > 0 then
    xOpen  = (xOpen + xClose[1]) / 2
endif
//xLow     = min(low,min(xClose,xOpen))
//xHigh    = max(high,max(xClose,xOpen))
//
ONCE FastAvg = 12
ONCE SlowAvg = 26
ONCE SigAvg  = 9
//
MyMACD       = ExponentialAverage[FastAvg](xClose) - ExponentialAverage[SlowAvg](xClose)
MySignalLINE = ExponentialAverage[SigAvg](MyMACD)
RETURN MyMACD,MySignalLINE,MyMACD - MySignalLINE
    06/18/2020 at 2:42 PM #136455 quote
    hobby trader
    Participant
    Junior

    That was quick! Top man, Thank you

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MACD based on Heikin Ashi close


ProBuilder: Indicators & Custom Tools

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hobby trader @hobby-trader Participant
Summary

This topic contains 2 replies,
has 2 voices, and was last updated by hobby trader
5 years, 8 months ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 06/18/2020
Status: Active
Attachments: No files
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