Heikin with moving average
Combining Heikin Ashi charts with moving averages enhances trend analysis. This fusion smoothens price data further, aiding in trend identification and potential reversal points. The integration of Amibroker data feeds fortifies this strategy, offering traders accurate and timely market information to complement Heikin Ashi and moving average analysis for informed trading decisions.
/_SECTION_BEGIN("Heikin-Ashi (Koma"); /* Heikin-Ashi(Koma-Ashi) with Moving Average Type */ SetChartOptions(2, chartWrapTitle); // Calculate Moving Average MAPeriod = Param("MA Period", 15, 1, 100); MAOpen = EMA(Open, MAPeriod); MAHigh = EMA(High, MAPeriod); MALow = EMA(Low, MAPeriod); MAClose = EMA(Close, MAPeriod); HaClose = (MAOpen + MAHigh + MALow + MAClose) / 4; HaOpen = AMA(Ref(HaClose, - 1), 0.5); // for graph collapse for (i = 0; i <= MAPeriod; i++) HaClose[i] = Null; /* // same // HaOpen = (Ref(HaOpen, -1) + Ref(HaClose, -1)) / 2; HaOpen[ 0 ] = HaClose[ 0 ]; for(i = 1; i < BarCount; i++) { HaOpen[i] = (HaOpen[i - 1] + HaClose[i - 1]) / 2; } */ HaHigh = Max(MAHigh, Max(HaClose, HaOpen)); HaLow = Min(MALow, Min(HaClose, HaOpen)); // outs comments "BarIndex = " + BarIndex(); "Open = " + Open; "High = " + High; "Low = " + Low; "Close = " + Close; "HaOpen = " + HaOpen; "HaHigh = " + HaHigh; "HaLow = " + HaLow; "HaClose = " + HaClose; // Plot graphs _N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} HaOpen %g, HaHigh %g, HaLow %g, HaClose %g (%.1f%%) {{VALUES}}", HaOpen, HaHigh, HaLow, HaClose, SelectedValue(ROC(HaClose, 1)))); PlotOHLC(HaOpen, HaHigh, HaLow, HaClose, _DEFAULT_NAME(), ParamColor("Color", colorBlack), styleCandle); /* ********************************** Code to automatically identify pivots ********************************** */ // -- what will be our lookback range for the hh and ll? farback = Param("How Far back to go", 100, 50, 5000, 10); nBars = Param("Number of bars", 12, 5, 40); // -- Title. Title = Name() + " (" + StrLeft(FullName(), 15) + ") O: " + Open + ", H: " + High + ", L: " + Low + ", C: " + Close; // -- Plot basic candle chart PlotOHLC(Open, High, Low, Close, "BIdx = " + BarIndex() + "\n" + "O = " + O + "\n" + "H = " + H + "\n" + "L = " + L + "\n" + "C ", colorYellow, styleLine | styleThick); GraphXSpace = 7; // -- Create 0-initialized arrays the size of barcount aHPivs = H - H; aLPivs = L - L; // -- More for future use, not necessary for basic plotting aHPivHighs = H - H; aLPivLows = L - L; aHPivIdxs = H - H; aLPivIdxs = L - L; nHPivs = 0; nLPivs = 0; lastHPIdx = 0; lastLPIdx = 0; lastHPH = 0; lastLPL = 0; curPivBarIdx = 0; // -- looking back from the current bar, how many bars // back were the hhv and llv values of the previous // n bars, etc.? aHHVBars = HHVBars(H, nBars); aLLVBars = LLVBars(L, nBars); aHHV = HHV(H, nBars); aLLV = LLV(L, nBars); // -- Would like to set this up so pivots are calculated back from // last visible bar to make it easy to "go back" and see the pivots // this code would find. However, the first instance of // _Trace output will show a value of 0 aVisBars = Status("barvisible"); nLastVisBar = LastValue(Highest(IIf(aVisBars, BarIndex(), 0))); _TRACE("Last visible bar: " + nLastVisBar); // -- Initialize value of curTrend curBar = (BarCount - 1); curTrend = ""; if (aLLVBars[curBar] < aHHVBars[curBar]) { curTrend = "D"; } else { curTrend = "U"; } // -- Loop through bars. Search for // entirely array-based approach // in future version for (i = 0; i < farback; i++) { curBar = (BarCount - 1) - i; // -- Have we identified a pivot? If trend is down... if (aLLVBars[curBar] < aHHVBars[curBar]) { // ... and had been up, this is a trend change if (curTrend == "U") { curTrend = "D"; // -- Capture pivot information curPivBarIdx = curBar - aLLVBars[curBar]; aLPivs[curPivBarIdx] = 1; aLPivLows[nLPivs] = L[curPivBarIdx]; aLPivIdxs[nLPivs] = curPivBarIdx; nLPivs++; } // -- or current trend is up } else { if (curTrend == "D") { curTrend = "U"; curPivBarIdx = curBar - aHHVBars[curBar]; aHPivs[curPivBarIdx] = 1; aHPivHighs[nHPivs] = H[curPivBarIdx]; aHPivIdxs[nHPivs] = curPivBarIdx; nHPivs++; } // -- If curTrend is up...else... } // -- loop through bars } // -- Basic attempt to add a pivot this logic may have missed // -- OK, now I want to look at last two pivots. If the most // recent low pivot is after the last high, I could // still have a high pivot that I didn't catch // -- Start at last bar curBar = (BarCount - 1); candIdx = 0; candPrc = 0; lastLPIdx = aLPivIdxs[0]; lastLPL = aLPivLows[0]; lastHPIdx = aHPivIdxs[0]; lastHPH = aHPivHighs[0]; if (lastLPIdx > lastHPIdx) { // -- Bar and price info for candidate pivot candIdx = curBar - aHHVBars[curBar]; candPrc = aHHV[curBar]; if ( lastHPH < candPrc AND candIdx > lastLPIdx AND candIdx < curBar) { // -- OK, we'll add this as a pivot... aHPivs[candIdx] = 1; // ...and then rearrange elements in the // pivot information arrays for (j = 0; j < nHPivs; j++) { aHPivHighs[nHPivs - j] = aHPivHighs[nHPivs - (j + 1)]; aHPivIdxs[nHPivs - j] = aHPivIdxs[nHPivs - (j + 1)]; } aHPivHighs[0] = candPrc; aHPivIdxs[0] = candIdx; nHPivs++; } } else { // -- Bar and price info for candidate pivot candIdx = curBar - aLLVBars[curBar]; candPrc = aLLV[curBar]; if ( lastLPL > candPrc AND candIdx > lastHPIdx AND candIdx < curBar) { // -- OK, we'll add this as a pivot... aLPivs[candIdx] = 1; // ...and then rearrange elements in the // pivot information arrays for (j = 0; j < nLPivs; j++) { aLPivLows[nLPivs - j] = aLPivLows[nLPivs - (j + 1)]; aLPivIdxs[nLPivs - j] = aLPivIdxs[nLPivs - (j + 1)]; } aLPivLows[0] = candPrc; aLPivIdxs[0] = candIdx; nLPivs++; } } // -- Dump inventory of high pivots for debugging /* for (k=0; k