Smoothed Heiken Ashi lags

• 12/14/2023 at 6:41 PM #225254
  gnellas77

  Hi there guys,

  i have a question, i want to use the smoothed heiken ashi indicator (in my version eliminating highs and lows of smoothed heiken ashi) but screening the stocks one by one it takes too much time. So i thought to use the ‘defparam calculateonlastbars’.

  I get an error. What is the right syntax of the command ‘defparam’ for lets say the last 5 bars?

  Will the screener work using the following code?

  Thanx!!!

  PS my aim is to find the turning point of smoothed heiken ashi

  smoothed HA- defparam

  DEFPARAM CalculateOnLastBars = 5 IF BarIndex=0 THEN xClose = (open+high+low+close)/4 xOpen = open ELSE xClose = (open+high+low+close)/4 xOpen = (xOpen[1]+xClose[1])/2 endif //Smoothed Heikin-Ashi xxclose=Average[max (1,HeikinPeriod),AverageType](xclose) xxOpen = Average[max (1,HeikinPeriod),AverageType](xOpen) //bullish c1= xxopen[-1] > xxclose[-1] c2= xxopen < xxclose c3= c1 and c2 //bearish c8= xxopen[-1] < xxclose[-1] c9= xxopen > xxclose c10= c8 and c9 screener [c3 or c10]

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27

  DEFPARAM CalculateOnLastBars = 5      IF BarIndex=0 THEN xClose = (open+high+low+close)/4 xOpen = open   ELSE xClose = (open+high+low+close)/4 xOpen = (xOpen[1]+xClose[1])/2   endif   //Smoothed Heikin-Ashi xxclose=Average[max (1,HeikinPeriod),AverageType](xclose) xxOpen = Average[max (1,HeikinPeriod),AverageType](xOpen)   //bullish c1= xxopen[-1] > xxclose[-1] c2= xxopen < xxclose c3= c1 and c2   //bearish c8= xxopen[-1] < xxclose[-1] c9= xxopen > xxclose c10= c8 and c9   screener [c3 or c10]

   

  

  gnellas77

  Participant

  Topics: 20

  Replies: 8

  Been thanked: 1 time
  12/14/2023 at 11:26 PM #225264
  JS

  Hi @gnellas77

  You can’t/shouldn’t define parameters in a screener… (DefParam is not allowed)

  In your code, you can’t use negative values for the index of a variable, so xxopen[-1] is not allowed, values must be whole and positive.

  I tried your screener but in this form, it is certainly not slow, after a few seconds results already appeared…

  

  JS

  Participant

  Topics: 22

  Replies: 1425

  Been thanked: 558 times
• Author
  Posts