TP_HeikenAshi





//+------------------------------------------------------------------+
//|                                                TP_HeikenAshi.mq4 |
//|                                                      Ron Mauldin |
//|                                                  http://fx41.com |
//+------------------------------------------------------------------+
#property copyright "Ron Mauldin"
#property link      "http://fx41.com"

#property indicator_chart_window
#property indicator_buffers 4
#property indicator_color1 Red
#property indicator_color2 White
#property indicator_color3 Red
#property indicator_color4 White
#property indicator_width1 1
#property indicator_width2 1
#property indicator_width3 3
#property indicator_width4 3

//----
color color1 = Red;
color color2 = White;
color color3 = Red;
color color4 = White;

//---- buffers
double haDN1[];
double haUP1[];
double haDN2[];
double haUP2[];

int init(){
 SetIndexStyle(0,DRAW_HISTOGRAM, 0, 1, color1);
 SetIndexBuffer(0, haDN1);//Red
 SetIndexDrawBegin(0,10);
 SetIndexStyle(1,DRAW_HISTOGRAM, 0, 1, color2);
 SetIndexBuffer(1, haUP1);//White
 SetIndexDrawBegin(1,10);
 SetIndexStyle(2,DRAW_HISTOGRAM, 0, 3, color3);
 SetIndexBuffer(2, haDN2);//Red
 SetIndexDrawBegin(2,10);
 SetIndexStyle(3,DRAW_HISTOGRAM, 0, 3, color4);
 SetIndexBuffer(3, haUP2);//White
 SetIndexDrawBegin(3,10);
 return(0);
}
int deinit(){return(0);}
int start(){
 double haOpen, haHigh, haLow, haClose;
 int counted_bars = IndicatorCounted();
 if(counted_bars<0) counted_bars=0;
 if(counted_bars>0) counted_bars--;
 int limit = (Bars - 1 - counted_bars);
 for(int bar = limit; bar >= 0; bar--){  
//haOpen=(haDN2[bar+1]+haUP2[bar+1])/2; This standard HA was replaced by a 4 period HA
  haOpen=((((((Open[bar+3]+High[bar+3]+Low[bar+3]+Close[bar+3])/4)+((Open[bar+2]+High[bar+2]+Low[bar+2]+Close[bar+2])/4))/2)+((Open[bar+1]+High[bar+1]+Low[bar+1]+Close[bar+1])/4))/2);

  haClose=(Open[bar]+High[bar]+Low[bar]+Close[bar])/4;
  haHigh=MathMax(High[bar], MathMax(haOpen, haClose));
  haLow=MathMin(Low[bar], MathMin(haOpen, haClose));
  if (haOpen<haClose){
   haDN1[bar]=haLow;
   haUP1[bar]=haHigh;
  }else{
   haDN1[bar]=haHigh;
   haUP1[bar]=haLow;
  } 
  haDN2[bar]=haOpen;
  haUP2[bar]=haClose;
 }
 return(0);
}





Sample





Analysis



Market Information Used:

Series array that contains close prices for each bar
Series array that contains the highest prices of each bar
Series array that contains the lowest prices of each bar
Series array that contains open prices of each bar


Indicator Curves created:

Implements a curve of type DRAW_HISTOGRAM


Indicators Used:



Custom Indicators Used:

Order Management characteristics:

Other Features: