[EquisMetaStock Group] Re: Fw: Don't see the Heikin Ashi?

[pumrysh <no_reply@xxxxxxxxxxxxxxx>]

Kees,

Heiken-Ashi is an indicator and a charting method. What you have 
plotted is the indicator. There are add-on programs that can 
chart/plot the Heiken-Ashi style. There has also been a program 
written that will do it. To understand the Heiken-Ashi I would tell 
you to go back and reread the prior articles that the author wrote. 

As far as what you did...I wasn't there so I have no idea. Sounds 
like your formula was missing an output. Try this:

{HEIKIN-ASHI}
haOpen:=(Ref((O+H+L+C)/4,-1) + PREV)/2;
haC:=((O+H+L+C)/4+haOpen+Max(H,haOpen)+Min(L,haOpen))/4; 
haC;
{end}

Hope this helps,

Preston


--- In equismetastock@xxxxxxxxxxxxxxx, "Kees Takkenberg" 
<c.a.takkenberg@xxx> wrote:
>
> If Heikin-Ashi is another way to construct candlesticks? Simply 
said, why does Metastocks says it is already plotted?
> Can Heikin-Ashi not be plotted in MSEOD?
> From: Kees Takkenberg 
> To: equismetastock@xxxxxxxxxxxxxxx 
> Sent: Monday, June 23, 2008 7:06 PM
> Subject: Don't see the Heikin Ashi?
> 
> 
> Hi,
> 
> I'm trying to duplicate a system thats in S&C May 2008. pag. 
20."The Quest for Reliable Crossovers".
> I just build it up as the article explains it, because I want to 
understand it .
> So I duplicated the two formulas on page 21:
> 
> 3*Mov(C,10,E)-3*Mov(Mov(C,10,E),10,E)+Mov(Mov(Mov
(C,10,E),10,E),10,E) which is TEMA
> 
> haOpen:=(Ref((O+H+L+C)/4,-1) + PREV)/2;
> haC:=((O+H+L+C)/4+haOpen+Max(H,haOpen)+Min(L,haOpen))/4; which is 
HEIKIN-ASHI.
> 
> THe Indicatorbuilder doesn't mentioned a mistake!
> 
> So I made the first Figure (page.21 left) which consist an EMA  and 
the TEMA and the HEIKIN-ASHI above.
> 
> I saw the Ema and the Tema but not the Heikin-Ashi?
> I'm not used to the Heikin-Ashi. So I tried to plot it several 
times. MS said the Heikin- Ashi was already plotted.
> I changed the backgroundcolor of the window in order to see it? No 
change. I thought, maybe the Heikin-Ashi is the same as the normal 
EMA (you never know?), but when I deleted the EMA MS said that the 
Heikin-Ashi was still there?
> 
> What did I do wrong? It must be quit simple but I don't see it yet?
> 
> Pleas help.
> 
> Kees Takkenberg
>



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