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Heiken Ashi Colors
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Heiken Ashi Colors

  #1 (permalink)
Elite Member
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Heiken Ashi Colors

I looked over everything on the site about HA indicators and I don't see an answer to this so hopefully some one knows the answer. I know the formulas for HA bars and I have looked inside the indicator on this site and the standard NT 7 indicator, but for the life of me I can't figure out what triggers a color change? Does anyone know what triggers a color change in an HA bar? Is it a close above the close of the prior bar? What? I like the looks of HA bars just to give me a reason to support a price action entry, but I really want to understand what drives the color change. Thanks for any input...

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  #2 (permalink)
Market Wizard
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read the article that mention in indicator comment section
http://www.earnforex.com/forex-e-books/trading-strategy/Using_The_Heikin_Ashi_Technique_D_Valcu.pdf

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  #3 (permalink)
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Thanks Cory,

The article had what I was looking for, but could not find anywhere else on the web. For those that might be looking after me and don't want to look at the article, here is a short note from the article........
----------
If the haClose is above haOpen, then a bullish sign occurs (white candle). If haClose is below haOpen, then a bearish sign appears (black candle).
----------

Thanks again.

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  #4 (permalink)
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Rambledog...


RambleDog View Post
Thanks Cory,

The article had what I was looking for, but could not find anywhere else on the web. For those that might be looking after me and don't want to look at the article, here is a short note from the article........
----------
If the haClose is above haOpen, then a bullish sign occurs (white candle). If haClose is below haOpen, then a bearish sign appears (black candle).
----------

Thanks again.


That is not a complete metric for HA color change. PM me your e-mail and I'll send to another article. DB

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  #5 (permalink)
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wldman View Post
That is not a complete metric for HA color change. PM me your e-mail and I'll send to another article. DB

can u post the details?
complete metric for Heiken Ashi color change

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