Smoothing out price

[walterw]

Here I attach a horizontal comparisson of the HA chart and the raw bars chart... its clear the good correlation you mentioned today..

I plotted some trendlines on both showing the main swings...you can notice the noise clearly been defeated and at the same time the swings are there ready to be traded... I am just delighted... cheers Walter.

[traderlu]

Hey guys, nice charts!

I would be very interested to know how these charts are computed/calculated. How exactly does the HMA factor into bar creation? Is the range overlayed on top of the HMA? The bars don't really look like range bars, since each bar seems to overlap.

I guess I would just like a bit of insight into how the bars are plotted. Anything you could provide would be greatly appreciated. Thanks!

-Luis

[walterw]

	Quote:	traderlu
	Hey guys, nice charts! I would be very interested to know how these charts are computed/calculated. How exactly does the HMA factor into bar creation? Is the range overlayed on top of the HMA? The bars don't really look like range bars, since each bar seems to overlap. I guess I would just like a bit of insight into how the bars are plotted. Anything you could provide would be greatly appreciated. Thanks! -Luis

Hi traderlu... I had a little dissapointment on real time as they eventually lag quite a bit... so for timing purposes I think it doesnt get better to what I am used to use... now for an overall trend determination it is a very nice tool.. it shows the price action structure very clean... cheers Walter.

[traderlu]

	Quote:	walterw
	Hi traderlu... I had a little dissapointment on real time as they eventually lag quite a bit... so for timing purposes I think it doesnt get better to what I am used to use... now for an overall trend determination it is a very nice tool.. it shows the price action structure very clean... cheers Walter.

I see. So you would lean more towards using it as a trend indicator, such as noting if its making higher peaks and valleys, instead of trying to catch the color changing swings. Also, would I be correct in suspecting that in a fairly choppy market, you be buying near the highs and selling near the lows if you were to take the Heiken-Ashi signals (change of color)?

[walterw]

Well it is a complete allien territory for me... I just tried it out on friday... so dont have much input on how tu use it, maybe Raul could expand a little more on it... cheers Walter.

[traderlu]

Walter, thanks for your input. Unfortunately, if the lag is excessive, then I wouldn't have as much interest in this method as I first thought. Maybe in time I will try out Sierra, and I'll just use Raul's posted workspace. Thanks for the prompt replies.

-Luis

[Bird of Fire]

Hey guys, is there any way on God's green earth to get this coded on TS? This is good stuff!

[torero]

Here's the link to the ELD file for TS. Got this from the TS forum. Good luck.

http://www.traderslaboratory.com/for...html#post17462

[feb2865]

I am sorry guys I've been trying to logon and for some reasons I just can't at least from my location.

does anyone still following this method?

I also have been out of the markets for health reasons

Cheers

Raul

[walterw]

	Quote:	feb2865
	I am sorry guys I've been trying to logon and for some reasons I just can't at least from my location. does anyone still following this method? I also have been out of the markets for health reasons Cheers Raul

Hi Raul, nice to hear from you... the answer is no, unfortunately I couldnt bear with some extreme lag ( at least for me)... so I just keep doing my usual analisis... cheers Walter.