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Heikin-Ashi for TS - A Tiny Tweak
Software Version: TS 8.x, by zdo (Registered Trader) zdo is offline
Developer Last Online: May 2008

Trading Platform: Rating: -
Release Date: 12-07-2007 Last Update: n/a Installs: 5

Here is a useful variation on Heikin-Ashi.
“Determines HA direction for two (Min/Max) number of Compare bars
and displays the Up Color if they agree in the Up direction,
displays the Down Color if they agree in the Down direction,
and displays the Warning Color if they do not agree. “ paraphrased from code comments

Defaults
Min to 0
Max to 1 // very granular diff btwn min max, but still 'low whip'
upColor to Green
dnColor to Red
warnColor to Yellow

Original idea credited to KAHUNA on TS Boards (who, btw, is also an EL code and systems developer. Disclaimer: I have no financial or personal affiliations with him. He just seemed to always post clean elegant code...)

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By zdo on 12-07-2007, 04:39 PM
Re: Heikin-Ashi for TS - A Tiny Tweak

One other possible benefit – wrote HA as a function that can be called by systems and other indicators… most TS paintbars have the HA calculations inline
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By zdo on 12-10-2007, 10:00 AM
Re: Heikin-Ashi for TS - A Tiny Tweak

Here is a screen shot of YM 60 minute chart for a week with this paint bar.

Thanks, all, for all the other HA indicator contributions.
Attached Images
File Type: jpg modHaYM60.jpg (77.3 KB, 141 views)
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