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Heikin Ashi Smoothed code help (Color)
Updated October 25, 2020
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Heikin Ashi Smoothed code help (Color)
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#1 (permalink )
New York, New York / United States
Experience: Beginner
Platform: ThinkOrSwim
Trading: CL, ES, Currencies
Posts: 38 since Feb 2015
Thanks: 13 given,
22
received
I recently found a code for smoothed heiken ashi bars, however for some reason all the bars are red (down trend). I'm pretty sure I should be putting some if else statements at the end there. Any ideas?? Thanks!
Source Code:
input period = 6;
input hideCandles = YES;
input candleSmoothing = {default Valcu, Vervoort};
DefineGlobalColor("RisingMA", color.green);
DefineGlobalColor("FallingMA", color.red);
input movingAverageType = {default Simple, Exponential, Weighted, Hull, Variable, TEMA};
def openMA;
def closeMA;
def highMA;
def lowMA;
switch (movingAverageType) {
case Simple:
openMA = compoundValue(1, Average(open, period), open);
closeMA = compoundValue(1, Average(close, period), close);
highMA = compoundValue(1, Average(high, period), high);
lowMA = compoundValue(1, Average(low, period), low);
case Exponential:
openMA = compoundValue(1, ExpAverage(open, period), open);
closeMA = compoundValue(1, ExpAverage(close, period), close);
highMA = compoundValue(1, ExpAverage(high, period), high);
lowMA = compoundValue(1, ExpAverage(low, period), low);
case Weighted:
openMA = compoundValue(1, WMA(open, period), open);
closeMA = compoundValue(1, WMA(close, period), close);
highMA = compoundValue(1, WMA(high, period), high);
lowMA = compoundValue(1, WMA(low, period), low);
Case Hull:
openMA = compoundValue(1, HullMovingAvg(open, period), open);
closeMA = compoundValue(1, HullMovingAvg(close, period), close);
highMA = compoundValue(1, HullMovingAvg(high, period), high);
lowMA = compoundValue(1, HullMovingAvg(low, period), low);
case variable:
openMA = compoundValue(1, VariableMA(open, period), open);
closeMA = compoundValue(1, VariableMA(close, period), close);
highMA = compoundValue(1, VariableMA(high, period), high);
lowMA = compoundValue(1, VariableMA(low, period), low);
case TEMA:
openMA = compoundValue(1, TEMA(open, period), open);
closeMA = compoundValue(1, TEMA(close, period), close);
highMA = compoundValue(1, TEMA(high, period), high);
lowMA = compoundValue(1, TEMA(low, period), low);
}
hidePricePlot(hideCandles);
def haOpen;
def haClose;
switch(candleSmoothing) {
case Valcu:
haOpen = CompoundValue(1, ( (haOpen[1] + (openMA[1] + highMA[1] + lowMA[1] + closeMA[1]) /4.0)/2.0), open);
haClose = ((OpenMA + HighMA + LowMA + CloseMA)/4.0) ;
case Vervoort:
haOpen = CompoundValue(1, ( (haOpen[1] + (openMA[1] + highMA[1] + lowMA[1] + closeMA[1]) /4.0)/2.0), open);
haClose = ((((OpenMA + HighMA + LowMA + CloseMA)/4.0) + haOpen + Max(HighMA, haOpen) + Min(LowMA, haOpen))/4.0);
}
plot o = haopen;
o.hide();
def haLow = min(lowMA, haOpen);
def haHigh = max(highMA,haOpen);
AddChart(high = haHigh, low = haLow, open = o, close = haclose, type = ChartType.CANDLE, growColor = GlobalColor("RisingMA"), fallColor = GlobalColor("FallingMA"), neutralColor = color.gray);
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#2 (permalink )
Puerto Rico
Experience: Intermediate
Platform: thinkorswim
Broker: TD Ameritrade
Trading: ES
Posts: 377 since Oct 2010
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The last part is an unsupported feature, it's not documented anywhere. With the last update to the platform it stopped working. The growColor is being ignored. It used to work fine before the last update, hopefully they will fix it in the future but since it is a hidden feature who knows.
AddChart(high = haHigh, low = haLow, open = o, close = haclose, type = ChartType.CANDLE, growColor = GlobalColor("RisingMA"), fallColor = GlobalColor("FallingMA"), neutralColor = color.gray);
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#3 (permalink )
New York, New York / United States
Experience: Beginner
Platform: ThinkOrSwim
Trading: CL, ES, Currencies
Posts: 38 since Feb 2015
Thanks: 13 given,
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received
rmejia
The last part is an unsupported feature, it's not documented anywhere. With the last update to the platform it stopped working. The growColor is being ignored. It used to work fine before the last update, hopefully they will fix it in the future but since it is a hidden feature who knows.
AddChart(high = haHigh, low = haLow, open = o, close = haclose, type = ChartType.CANDLE, growColor = GlobalColor("RisingMA"), fallColor = GlobalColor("FallingMA"), neutralColor = color.gray);
Thanks for the comment! I figured this out last night. Do you think there's a way around it? Pseudocode looks something like:
AssignPriceColor(
if haclose > haopen then color.GREEN,
if haopen > close then color.RED,
else then color.GREY);
I'm not quite sure if anything like this is possible but it seems plausible. I just don't know enough about thinkscript, or coding, or pretty much trading in general.
Thanks again!
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#4 (permalink )
Puerto Rico
Experience: Intermediate
Platform: thinkorswim
Broker: TD Ameritrade
Trading: ES
Posts: 377 since Oct 2010
Thanks: 3,600 given,
432
received
Unfortunately I don't know of anything that can be done. I use the addchart on a lower study where the candles used to be red and green but after this broke I just changed it to black. At least the candles are different by fill so there is contrast from that, tho not as clear as using 2 colors.
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#5 (permalink )
Spring Hill Kansas
Posts: 4 since Jan 2018
Thanks: 1 given,
1
received
Here is a link to one that worked for me.
https: // tos .mx/8UUAc2
This is a TOS shared link.
Open in TOS to view/rename and save it
I don't have enough post to be able to post links
Take the spaces out of the link
afoxperson
I recently found a code for smoothed heiken ashi bars, however for some reason all the bars are red (down trend). I'm pretty sure I should be putting some if else statements at the end there. Any ideas?? Thanks!
Source Code:
input period = 6;
input hideCandles = YES;
input candleSmoothing = {default Valcu, Vervoort};
DefineGlobalColor("RisingMA", color.green);
DefineGlobalColor("FallingMA", color.red);
input movingAverageType = {default Simple, Exponential, Weighted, Hull, Variable, TEMA};
def openMA;
def closeMA;
def highMA;
def lowMA;
switch (movingAverageType) {
case Simple:
openMA = compoundValue(1, Average(open, period), open);
closeMA = compoundValue(1, Average(close, period), close);
highMA = compoundValue(1, Average(high, period), high);
lowMA = compoundValue(1, Average(low, period), low);
case Exponential:
openMA = compoundValue(1, ExpAverage(open, period), open);
closeMA = compoundValue(1, ExpAverage(close, period), close);
highMA = compoundValue(1, ExpAverage(high, period), high);
lowMA = compoundValue(1, ExpAverage(low, period), low);
case Weighted:
openMA = compoundValue(1, WMA(open, period), open);
closeMA = compoundValue(1, WMA(close, period), close);
highMA = compoundValue(1, WMA(high, period), high);
lowMA = compoundValue(1, WMA(low, period), low);
Case Hull:
openMA = compoundValue(1, HullMovingAvg(open, period), open);
closeMA = compoundValue(1, HullMovingAvg(close, period), close);
highMA = compoundValue(1, HullMovingAvg(high, period), high);
lowMA = compoundValue(1, HullMovingAvg(low, period), low);
case variable:
openMA = compoundValue(1, VariableMA(open, period), open);
closeMA = compoundValue(1, VariableMA(close, period), close);
highMA = compoundValue(1, VariableMA(high, period), high);
lowMA = compoundValue(1, VariableMA(low, period), low);
case TEMA:
openMA = compoundValue(1, TEMA(open, period), open);
closeMA = compoundValue(1, TEMA(close, period), close);
highMA = compoundValue(1, TEMA(high, period), high);
lowMA = compoundValue(1, TEMA(low, period), low);
}
hidePricePlot(hideCandles);
def haOpen;
def haClose;
switch(candleSmoothing) {
case Valcu:
haOpen = CompoundValue(1, ( (haOpen[1] + (openMA[1] + highMA[1] + lowMA[1] + closeMA[1]) /4.0)/2.0), open);
haClose = ((OpenMA + HighMA + LowMA + CloseMA)/4.0) ;
case Vervoort:
haOpen = CompoundValue(1, ( (haOpen[1] + (openMA[1] + highMA[1] + lowMA[1] + closeMA[1]) /4.0)/2.0), open);
haClose = ((((OpenMA + HighMA + LowMA + CloseMA)/4.0) + haOpen + Max(HighMA, haOpen) + Min(LowMA, haOpen))/4.0);
}
plot o = haopen;
o.hide();
def haLow = min(lowMA, haOpen);
def haHigh = max(highMA,haOpen);
AddChart(high = haHigh, low = haLow, open = o, close = haclose, type = ChartType.CANDLE, growColor = GlobalColor("RisingMA"), fallColor = GlobalColor("FallingMA"), neutralColor = color.gray);
Last Updated on October 25, 2020
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