einok
msg #97776
- Ignore einok
modified |
12/3/2010 12:09:57 PM
Here is the formula i am interested in having a filter
Description: Heikin Ashi charts calculate their own open (HAO), high (HAH), low (HAL), and close (HAC), using the actual open (O), high (H), low (L), and close (C), of the time frame (e.g. the open, high, low, and close, of each day, five minutes, etc)
Calculation:
HAO = (HAO-1 + HAC-1) / 2
HAC = (O + H + L + C) / 4
HAH = Highest(H, HAO, HAC)
HAL = Lowest(L, HAO, HAC)
Is it possible to make a bullish filter with the following ?:
For breakout HAC close above prior days HAH
For pullback HAC close at or below prior days midsection, but above prior days HAL
And bearish filter:
For breakout HAC close below prior days HAL
For pullback HAC close at or above prior days midsection, but above prior days HAH
Thanks again for your help
****UPDATE****
I think this is coded correctly. It passes the debugger and I am now trying to figure out the best way to utilize it for bullish and bearish plays.
set {haclose1, open + high }
set {haclose2, low + close }
set {haclosetotal, haclose1 + haclose2}
set {haclosefinal, haclosetotal/4}
set {haopen, open 1 day ago + close 1 day ago}
set {haopenfinal, haopen/2}
set {hahigh1, max (high, haopen)}
set {hahigh2, max (hahigh1, haclosefinal)}
set {hahighfinal, max (hahigh1, hahigh2)}
set {halow1, min (low, haopen)}
set {halow2, min (halow1, haclosefinal)}
set {halowfinal, min (halow1, halow2)}
Any recommendations appreciated
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four
5,087 posts
msg #97800
- Ignore four |
12/4/2010 3:43:14 AM
Heikin Ashi charts
I have no experience with this trading "style"
Perhaps someone can lend some thoughts on Heikin Ashi charts
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einok
msg #97854
- Ignore einok |
12/6/2010 4:04:51 PM
i'm trying a pullback bearish filter
i think it would be something like this take the hahighfinal from 3 days ago and scan if that is below the hahighfinal from 2 days ago (this is the pullback)
then scan the hahighfinal 2 days ago and see if the hahighfinal 1 day ago is below that.
i'm not sure how to code this and would appreciate the help
how i am thinking is from today, look back 3 days, note if a pullback within the downtrend has occured. then check to see if it has actually pulled back.
please excuse in advance, because coding isn't my forte. hopefully i am getting the point across
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four
5,087 posts
msg #97855
- Ignore four |
12/6/2010 4:40:06 PM
perhaps...
set {haclose1, open + high }
set {haclose2, low + close }
set {haclosetotal, haclose1 + haclose2}
set {haclosefinal, haclosetotal/4}
set {haopen, open 1 day ago + close 1 day ago}
set {haopenfinal, haopen/2}
set {hahigh1, max (high, haopen)}
set {hahigh2, max (hahigh1, haclosefinal)}
set {hahighfinal, max (hahigh1, hahigh2)}
set {halow1, min (low, haopen)}
set {halow2, min (halow1, haclosefinal)}
set {halowfinal, min (halow1, halow2)}
hahighfinal 3 days ago < hahighfinal from 2 days ago
hahighfinal 1 day ago < hahighfinal 2 days ago
----------- I added the 2 lines at the bottom, based on your request.
----------- However, I was greeted with the following message,
Your StockFetcher filter exceeds filter performance restrictions.
To run this filter, please upgrade to the StockFetcher Advanced subscription level.
Sorry :(
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einok
msg #97859
- Ignore einok |
12/6/2010 8:04:04 PM
thanks four. i notice a lot of these are pullbacks within an uptrend. is there a way to isolate pullbacks within a downtrend? i'm getting there on this thanks to your help
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four
5,087 posts
msg #97863
- Ignore four |
12/6/2010 11:22:14 PM
http://www.tradingmarkets.com/.site/stocks/commentary/lftw/Shallow-pullback-to-10-day-MA-in-uptrend.cfm
like this ?
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einok
msg #97872
- Ignore einok |
12/7/2010 12:10:50 PM
four,
good article. what do you think would be the best approach to utilize the formulas in my filter? i would like to be able to utilize the HA values, because they seem to make great entry points? The problem is making sure you are in a true uptrend or downtrend, because similar HA candles can appear in both. thanks for any ideas you might have.
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evunia
2 posts
msg #123502
- Ignore evunia |
4/7/2015 12:08:15 PM
Have you made any improvements to your Heikin-Ashi scan since then?
Does SF only allow binary additions (A+B), and not A+B+C+C?
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four
5,087 posts
msg #123503
- Ignore four |
4/7/2015 3:07:12 PM
Have you made any improvements to your Heikin-Ashi scan since then? No
Does SF only allow binary additions (A+B), and not A+B+C+C? Only 2 at a time
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