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@yahoogroups.com,
"Kees Takkenberg"
<c.a.takkenberg@...> 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@yahoogroups.com
> 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
>