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loadmanjoe
Posted : Tuesday, July 21, 2015 1:24:56 PM
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Joined: 6/17/2008
Posts: 22

I am looking for a scan this will show me when the ave price on a Heiken Ashi Candle crosses the 8 EMA. Thank you for any and all help

StockGuy
Posted : Tuesday, July 21, 2015 1:39:57 PM

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Joined: 9/30/2004
Posts: 9,187

You don't need a PCF for that. Set your plot style to Heiken- Ashi and add an 8 period EMA to the price.  Then click on Price and select Create Scan Condition and set the Condition to Crossing Up Exp Mov Avg 8.

 

http://support.tc2000.com/m/33348/l/375851-how-to-create-a-scan-condition-for-for-price-crossing-a-moving-average-and-save-it-to-the-condition-library

loadmanjoe
Posted : Tuesday, July 21, 2015 2:22:48 PM
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Joined: 6/17/2008
Posts: 22

I am not looking for just the price to be above the 8EMA. I am looking for the main body of the Heiken Ashi Candle to be crossing above the 8EMA . The price and the body of a Heiken Ashi are never the same . The body is just an Ave of the price. If it were a simple candle what you told me would of worked fine.

StockGuy
Posted : Tuesday, July 21, 2015 2:44:02 PM

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Joined: 9/30/2004
Posts: 9,187

The Close of an HA candle is the average of price. But I understand what you're asking for now. You want the candle body straddling the EMA.  I don't know how to do that with a PCF.

 

Calculating the Modified Bars 
Normal candlestick charts are composed of a series of open-high-low-close (OHLC) bars set apart by a time series. The Heikin-Ashi technique uses a modified formula:

  • xClose = (Open+High+Low+Close)/4 
    o Average price of the current bar
  • xOpen = [xOpen(Previous Bar) + Close(Previous Bar)]/2 
    o Midpoint of the previous bar
  • xHigh = Max(High, xOpen, xClose) 
    o Highest value in the set
  • xLow = Min(Low, xOpen, xClose) 
    o Lowest value in the set


 

loadmanjoe
Posted : Tuesday, July 21, 2015 2:56:02 PM
Registered User
Joined: 6/17/2008
Posts: 22

Ok thanks for the try . Any of the members reading this . Do you guys know how to write they type of PCF?

busterram
Posted : Tuesday, July 21, 2015 4:28:52 PM
Registered User
Joined: 10/9/2011
Posts: 485

Try something like this and see if this works for you

(h+l+o+c)/4 > (xavgh8+xavgl8+xavgo8+xavgc8)/4
 
Good luck
loadmanjoe
Posted : Wednesday, July 22, 2015 4:09:18 AM
Registered User
Joined: 6/17/2008
Posts: 22

Thank you busterram ! I was able to make what you sent me in the PCF work . Thanks for taking the time to write the PCF out.

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