Heiken Ashi Colour Only

Hi all,

Does anyone have (or can program) an indicator that shows heiken ashi coloured candles but does not actually draw the hekien ashi candle? I.e as shown in this post: http://www.forexfactory.com/showpost...6&postcount=10

I am grateful for any help you can offer!

Regards,

Dan

Does this help?

Hi Hanover,

Thank you - that's almost what I need! The only thing is the indicator is still drawing the heiken ashi bars over the normal price bars.

What I would like to achieve is the normal price bars but with the heiken ashi colours instead of the MT4 colours. Does that make any sense!?

I've attached a couple of pics to try and illustrate the problem with the heiken ashi bars...

Thanks again for your help.

Regards,

Dan

Just thought I should also post the indicator I am currently using...

Thanks!

Dan, I couldn't find one, so I modified your HA indy myself.

Don't forget to switch to a line chart (press Alt-3) and then press F8 and set Line graph color to None.

There are no parameters now; the colors/candle widths can be changed via the Colors tab.

David

Hi David,

Thank you very much this is exactly what I was after!!

Thank you again for all your work!

Regards,

Dan

Hi David, (Hanover),

This indicator has a refresh problem. The HA candles colours change when you "re-install" the indicator.

The past candles stay "frozen" in the wrong HA condition, until you refresh. Please check

Good day Hanover, Thank you for helping us out and I sincerely apologise to run back to you whenever we encounter some problems. Sir I know you not using mt4 as it is out of your interest. May you please assist me here or anyone with information. I have attempted to convert this to mt5 and failed, I only show one color and seemly not as the one you created. Here what I tried to do.

//+------------------------------------------------------------------+
//| OHLC - HA.mq5 |
//+------------------------------------------------------------------+

#property indicator_chart_window
#property indicator_buffers 4
#property indicator_color1 Red // For bearish candle (red)
#property indicator_color2 Green // For bullish candle (green)
#property indicator_color3 Red // For bearish candle (red)
#property indicator_color4 Green // For bullish candle (green)

// Buffers for Heikin-Ashi OHLC values
double ExtMapBuffer1[]; // Open
double ExtMapBuffer2[]; // High
double ExtMapBuffer3[]; // Low
double ExtMapBuffer4[]; // Close

int ExtCountedBars = 0;

//+------------------------------------------------------------------+
//| Initialization function |
//+------------------------------------------------------------------+
int OnInit() {
// Set buffers for each indicator plot (open, high, low, close)
SetIndexBuffer(0, ExtMapBuffer1, INDICATOR_DATA); // Open
SetIndexBuffer(1, ExtMapBuffer2, INDICATOR_DATA); // High
SetIndexBuffer(2, ExtMapBuffer3, INDICATOR_DATA); // Low
SetIndexBuffer(3, ExtMapBuffer4, INDICATOR_DATA); // Close

// Set plot styles
PlotIndexSetInteger(0, PLOT_DRAW_TYPE, DRAW_CANDLES); // For open/high/low/close
PlotIndexSetInteger(1, PLOT_DRAW_TYPE, DRAW_CANDLES);
PlotIndexSetInteger(2, PLOT_DRAW_TYPE, DRAW_CANDLES);
PlotIndexSetInteger(3, PLOT_DRAW_TYPE, DRAW_CANDLES);

// Set the color for the candles
PlotIndexSetInteger(0, PLOT_LINE_WIDTH, 1); // Open
PlotIndexSetInteger(0, PLOT_LINE_COLOR, Red);
PlotIndexSetInteger(1, PLOT_LINE_WIDTH, 1); // High
PlotIndexSetInteger(1, PLOT_LINE_COLOR, Green);
PlotIndexSetInteger(2, PLOT_LINE_WIDTH, 1); // Low
PlotIndexSetInteger(2, PLOT_LINE_COLOR, Red);
PlotIndexSetInteger(3, PLOT_LINE_WIDTH, 1); // Close
PlotIndexSetInteger(3, PLOT_LINE_COLOR, Green);

return INIT_SUCCEEDED;
}

//+------------------------------------------------------------------+
//| Deinitialization function |
//+------------------------------------------------------------------+
void OnDeinit(const int reason) {
// Nothing specific needed for deinitialization
}

//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int OnCalculate(const int rates_total, const int prev_calculated,
const datetime &time[], const double &open[],
const double &high[], const double &low[], const double &close[],
const long &tick_volume[], const long &volume[], const int &spread[]) {

if (rates_total <= 10) return 0;

ExtCountedBars = prev_calculated;

if (ExtCountedBars > 0) ExtCountedBars--;

int pos = rates_total - ExtCountedBars - 1;

double haOpen = open[pos], haClose, haHigh, haLow;

while (pos >= 0) {
// Calculate Heikin-Ashi close
haClose = (open[pos] + high[pos] + low[pos] + close[pos]) / 4;

// Calculate Heikin-Ashi open (average of previous HA open and close)
if (pos < rates_total - 1) {
haOpen = (haOpen + haClose) / 2;
} else {
haOpen = open[pos]; // For the first bar, set HA open to the regular open
}

// Calculate Heikin-Ashi high and low
haHigh = MathMax(high[pos], MathMax(haOpen, haClose));
haLow = MathMin(low[pos], MathMin(haOpen, haClose));

// Set the buffers to represent the Heikin-Ashi candle values
ExtMapBuffer1[pos] = haOpen; // Set open
ExtMapBuffer2[pos] = haHigh; // Set high
ExtMapBuffer3[pos] = haLow; // Set low
ExtMapBuffer4[pos] = haClose; // Set close

// Assign color based on open-close comparison
if (haClose > haOpen) {
PlotIndexSetInteger(0, PLOT_LINE_COLOR, Green); // Green for bullish
PlotIndexSetInteger(1, PLOT_LINE_COLOR, Green); // Green for bullish
PlotIndexSetInteger(2, PLOT_LINE_COLOR, Green); // Green for bullish
PlotIndexSetInteger(3, PLOT_LINE_COLOR, Green); // Green for bullish
} else {
PlotIndexSetInteger(0, PLOT_LINE_COLOR, Red); // Red for bearish
PlotIndexSetInteger(1, PLOT_LINE_COLOR, Red); // Red for bearish
PlotIndexSetInteger(2, PLOT_LINE_COLOR, Red); // Red for bearish
PlotIndexSetInteger(3, PLOT_LINE_COLOR, Red); // Red for bearish
}

pos--;
}

return rates_total;
}
//+------------------------------------------------------------------+