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forrestang
I started an attempt here to connect UniRenko BarType with Heikin Ashi. Currently, there still seem to be problems with the calculation of the Open/Close, maybe someone can help and find the error.
The ZerolagHATEMA and ZerolagTEMA were presented by Sylvain Vervoort in “THE QUEST FOR RELIABLE CROSSOVERS” Technical Analysis of Stocks & Commodities, May 2008. The Zerolag HATEMA is based on a TEMA that uses Heikin-Ashi candles as input series. In a second step Sylvain Vervoort applied zero-lag techniques to the HATEMA to compensate for its lag. For further details, please read the article by Sylvain Vervoort.
This indicator does not depend on the selected input series, as it uses open, high, low and close of each candle. As a consequence this indicator may not be used with any other input series than price.
- Option to select between the original Heikin-Ashi bars created by Dan Valcu and the modified Heikin-Ashi bars suggested by Sylvain Vervoort.
- The Heikin-Ashi candles can be smoothed with median, mode and 27 different moving averages. Please select between the 2 types of Heikin-Ashi bars, smoothed Dan_Valcu candles and smoothed Sylvain_Vervoort candles.
- Indicator can be used on price panel or other panels.
- Candle color and candle outline color can each be selected.
- A paintbar indicator is included that allows to color bars according to the Heikin Ashi trend. The paintbar indicator allows to access the trend via a BoolSeries, which can be used by automated strategies or other indicators.
Update January 13, 2011: Indicator can be used on secondary panels.
Update July 3, 2012: Formula used by Sylvain Vervoort added. Second paintbar indicator added that can be used as a trendfilter.
Update August 16, 2012: Smoothing methods added. Plot modified. Indicators can now be displaced.
Update August 31, 2012: Ehlers Filter updated.
Update August 20, 2013: Tillson T3 added, Heikin-Ashi trend exposed as public BoolSeries, HA Open, High, Low and Close can be selected as input series or accessed by a strategy.
Update April 5, 2014: Small copy & paste bug removed, values were not correctly set to BoolSeries for the HA indicator.