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Heiken Ashi candle change Rate this Topic:
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spartakis
Posted : Sunday, July 9, 2017 5:39:15 PM
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Joined: 1/16/2013
Posts: 19

Bruce since the app wont load the candle I have a request your brillant mind maybe able to help me with and keep me trading on vacation.     http://forums.worden.com/default.aspx?g=posts&t=67097  Is there a formula for a Heiken Ashi candle change in each direction. So from fill to empty, even maybe with a doj looking candle inthe middle. Something I could make a scan and set alert on for when a change in Heiken candle I can be alerted to trade.  Thanks ahead of time Bruce.

Bruce_L
Posted : Monday, July 10, 2017 9:58:39 AM


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

Please try the following.

O + H + L + C > XAVG(O1 + H1 + L1 + C1, 3) AND O1 + H1 + L1 + C1 < XAVG(O2 + H2 + L2 + C2, 3)



-Bruce
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spartakis
Posted : Monday, July 10, 2017 10:11:27 AM
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Joined: 1/16/2013
Posts: 19

Thanks, will that yield a change in direction either way, or will I need to reverse something

 

Bruce_L
Posted : Monday, July 10, 2017 10:21:01 AM


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Posts: 65,138

You would need to reverse the > and < signs.

O + H + L + C < XAVG(O1 + H1 + L1 + C1, 3) AND O1 + H1 + L1 + C1 > XAVG(O2 + H2 + L2 + C2, 3)



-Bruce
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spartakis
Posted : Monday, July 10, 2017 10:22:22 AM
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Joined: 1/16/2013
Posts: 19

Thanks again Bruce

 

spartakis
Posted : Monday, July 10, 2017 10:23:01 AM
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Joined: 1/16/2013
Posts: 19

To put both on one scan just put an or inbetween them?

 

Bruce_L
Posted : Monday, July 10, 2017 10:34:08 AM


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

You would also want to put parentheses around both formulas.

(O + H + L + C > XAVG(O1 + H1 + L1 + C1, 3) AND O1 + H1 + L1 + C1 < XAVG(O2 + H2 + L2 + C2, 3)) OR (O + H + L + C < XAVG(O1 + H1 + L1 + C1, 3) AND O1 + H1 + L1 + C1 > XAVG(O2 + H2 + L2 + C2, 3))

But there is a better way to write it.

SGN(O + H + L + C - XAVG(O1 + H1 + L1 + C1, 3)) <> SGN(O1 + H1 + L1 + C1 - XAVG(O2 + H2 + L2 + C2, 3))



-Bruce
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spartakis
Posted : Monday, July 10, 2017 10:41:28 AM
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Joined: 1/16/2013
Posts: 19

Thanks Bruce don't know what I would do without you.

Bruce_L
Posted : Monday, July 10, 2017 10:43:20 AM


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

You're welcome.



-Bruce
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