
02-09-2007, 06:47 PM
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nicknextmove
has no status.
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Re: Heikin Ashi Trend Indicator
This is the code for the TTM Trend:
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{ ModHA PaintBarStudy 1/20/04
modified Heikin-Ashi technique
compares current bar open to close range
with prior bars...if current is within
prior then color remains the same
Taken from
https://www.tradestation.com/Discussions/Topic.aspx?Topic_ID=22399
Modified by mm to make it more like TTM Trend - appears to match
www.tradethemarkets.com
}
inputs: CompBars(6), UpColor(Blue), DnColor(Red), BarWidth(1);
vars: haClose(0), haOpen(0), color(0);
if BarNumber = 1 then
begin
haOpen = open;
haClose = (O+H+L+C)/4;
end;
if BarNumber > 1 then
begin
haClose = (O+H+L+C)/4;
haOpen = (haOpen [1] + haClose [1])/2 ;
{ ................................................................................ }
if haClose > haOpen then color = UpColor
else color = DnColor;
for value1 = 1 to CompBars
begin
if haOpen <= MaxList(haOpen[value1],haClose[value1]) and
haOpen >= MinList(haOpen[value1],haClose[value1]) and
haClose <= MaxList(haOpen[value1],haClose[value1]) and
haClose >= MinList(haOpen[value1],haClose[value1]) then
color = color[value1];
end;
{ ................................................................................ }
// plotPB(haOpen,haClose,"heikin-ashi",color);
plotPB(High,Low,"heikin-ashi",color);
SetPlotWidth(1,BarWidth);
SetPlotColor(1,color);
end;
{ ................................................................................ } |
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