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Heikin-Ashi, PAC for Amibroker (AFL)
Mithun
over 14 years ago
Amibroker (AFL)

Rating:
3 / 5 (Votes 2)
Tags:
trading system, amibroker

Heikin-Ashi System using crossover between moving average and heikin price.

Screenshots

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Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("PAC - ZTEMA");
SetChartOptions(0,chartShowDates|chartShowArrows|chartLogarithmic|chartWrapTitle);
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 ) );
PlotOHLC( HaOpen, HaHigh, HaLow, HaClose, "Modified " + Name(), colorRose, styleCandle );

TC = MA( High, 5 );
BC = MA( Low, 5 );

Plot(tc, "", colorYellow);
Plot(bc, "", colorYellow);

a = haClose > TC;
b = haClose < BC;

state=IIf(BarsSince(a)<BarsSince(b),1,0);

Buy = Cross(a,b);
Sell = Cross(b,a);

PlotShapes( IIf(Buy, shapeUpArrow,0) , colorLime,0,HaLow,-20);
PlotShapes( IIf(Sell, shapeDownArrow,0) , colorOrange,0,HaHigh,-20);
GraphZOrder = 1;
_SECTION_END();

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