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scanning for change in Heiken Ashe candles Rate this Topic:
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rbayliss40
Posted : Saturday, November 18, 2017 11:09:00 AM
Registered User
Joined: 8/30/2011
Posts: 161

Is there a way to set up a scan so it detects wether the candle has changed from red to green and vice versa compared to the previous one.

c>c1 still shows red candles just that the actual close is higher, id like a scan/wording to show to color change in a candle please

Bruce_L
Posted : Monday, November 20, 2017 11:07:49 AM


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Joined: 10/7/2004
Posts: 65,138

If Color Based On is set to Open vs Close, then going from red to green could be written as follows.

TrueInRow(O + H + L + C >= XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1, 2) = 1

And going from green to red could be written as follows.

TrueInRow(O + H + L + C < XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1, 2) = 1

If Color Based On is set to Net Change, then going from red to green could be written as follows.

TrueInRow(O + H + L + C >= O1 + H1 + L1 + C1, 2) = 1

And going from green to red could be written as follows.

TrueInRow(O + H + L + C < O1 + H1 + L2 + C1, 2) = 1



-Bruce
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rbayliss40
Posted : Monday, November 20, 2017 12:04:12 PM
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Joined: 8/30/2011
Posts: 161

thank you Bruce for your help

glmus
Posted : Sunday, January 28, 2018 3:32:04 PM
Gold Customer Gold Customer

Joined: 10/7/2004
Posts: 50

Bruce, I want to scan for HA bars with a flat bottom (or top).  The formula requires

min(l,o1,c1) but I can't seem to find that.  Please help.

Bruce_L
Posted : Monday, January 29, 2018 10:37:21 AM


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Joined: 10/7/2004
Posts: 65,138

I will start with your formula using regular prices.

LEAST(L, O1, C1)

And using HA prices.

LEAST(L, XAVG(O2 + H2 + L2 + C2, 3) / 4, (O1 + H1 + L1 + C1) / 4)

A formula for an HA candle without a lower wick (an HA candle with a flat bottom) can be written as follows.

XAVG(O1 + H1 + L1 + C1, 3) <= 4 * L

A formula for an HA candle without an upper wick (an HA candle with a flat top) can be written as follows.

XAVG(O1 + H1 + L1 + C1, 3) >= 4 * H



-Bruce
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glmus
Posted : Monday, January 29, 2018 11:48:24 AM
Gold Customer Gold Customer

Joined: 10/7/2004
Posts: 50

Bruce, the two formulas above are FABULOUS.  I could not have gotten these without you.  This should keep me in trends longer, both up and down. MANY THANKS.

P.S. Your response BEFORE I EXPANDED IT didn't seem to be the same.  Perhaps you made a change.

glmus

Bruce_L
Posted : Monday, January 29, 2018 11:50:52 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

I am pretty sure I didn't change anything in my response after posting it (I do sometimes change something after posting, I added this parenthetical for example, but I don't recall doing so for my Monday, January 29, 2018 10:37:21 AM ET post... then again... I am getting older).

I am not really sure what you mean by "expanded it" either.



-Bruce
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