hi,
anyone
has heiken ashi indicator? I found an article talking about its fomula as
below:
The heikin-ashi candlestick technique uses modified
open-high-low-close (OHLC) values and displays them as candlesticks. The
modified values are computed using these definitions:
• haClose =
(O+H+L+C)/4
• haOpen = (haOpen (previous bar) + haClose (previous
bar))/2
• haHigh = Maximum(H, haOpen, haClose)
• haLow =
Minimum(L, haOpen, haClose)
is
this the one everyone uses? if anyone has a working heiken ashi indicator AFL
file, please help uploading it or email to me.
thanks
a lot
jack