Forex Intraday Heikin Ashi
Forex Intraday Heikin Ashi AFL in Amibroker incorporates Heikin Ashi candlesticks for intraday Forex trading. Utilizing Amibroker data feed, this indicator smoothens price movements to offer clearer trend identification. Traders rely on this indicator for enhanced visualization and decision-making within intraday Forex markets.
/_SECTION_BEGIN("FOREX INTRADAY HEIKIN ASHI + PIVOT POINTS");
/*======================================================
FOREX INTRADAY HEIKIN ASHI + PIVOT POINTS
======================================================*/
//---- heikin ashi
HaClose = (O+H+L+C)/4;
HaOpen = AMA( Ref( HaClose, -1 ), 0.5 );
HaHigh = Max( H, Max( HaClose, HaOpen ) );
HaLow = Min( L, Min( HaClose, HaOpen ) );
xDiff = (HaHigh - Halow) * IIf(StrFind(Name(),"JPY"),100,10000);
barcolor = IIf(HaClose >= HaOpen,colorGreen,colorRed);
PlotOHLC( HaOpen, HaHigh, HaLow, HaClose, "", barcolor, styleCandle );
// Plot(EMA(HaClose,9),"",colorWhite, styleLine);
// Plot(EMA(HaClose,18),"",colorBlack, styleLine);
//---- pivot points
DayH = TimeFrameGetPrice("H", inDaily, -1); // yesterdays high
DayL = TimeFrameGetPrice("L", inDaily, -1); // low
DayC = TimeFrameGetPrice("C", inDaily, -1); // close
DayO = TimeFrameGetPrice("O", inDaily); // current day open
// woodies FIB pivots
if ( False )
{
R = DayH - DayL; // range
PP = (DayH + DayL + DayO + DayO) / 4 ;
R1 = PP + (R * 0.38);
R2 = PP + (R * 0.62);
S1 = PP - (R * 0.38);
S2 = PP - (R * 0.62);
}
// woodies pivots
if ( True )
{
PP = (DayH + DayL + DayO + DayO) / 4 ;
R1 = (2 * PP) - DayL;
S1 = (2 * PP) - DayH;
R2 = PP + (DayH - DayL);
S2 = PP - (DayH - DayL);
}
// regular pivots
if ( False )
{
PP = (DayL + DayH + DayC)/3 ;
R1 = (2 * PP) - DayL;
S1 = (2 * PP) - DayH;
R2 = (PP - S1) + R1;
S2 = PP - (R1 - S1);
}
Plot(R1, "",colorWhite,styleDots+styleNoLine+styleNoLabel);
Plot(S1, "",colorDarkBlue,styleDots+styleNoLine+styleNoLabel);
Plot(R2, "R2",colorWhite,styleDots+styleNoLine+styleNoLabel);
Plot(S2, "S2",colorDarkBlue,styleDots+styleNoLine+styleNoLabel);
Plot(PP, "",colorYellow,styleLine+styleNoLabel);
//----
Title = Name()+" Heikin Ashi "+Date();
_SECTION_END();