Re: [EquisMetaStock Group] Heikin Ashi

[Andrew Slemko <andrew_slemko@xxxxxxxxx>]

Thanks guys I will try both and see what I like:)

 

Cheers

Dusant <cooldush@xxxxxxxxx> wrote:

There is a commercial product available to convert data into the heikin ashi method for metastock. Dan Valcu is promoting that. I think his website is www.educofin.com or www.edufin.com. Not too sure which.

 

I am not a user, neither am I endorsing this product. Please take a demo and satisfy yourself before you buy it.

 

Dusant

 

----- Original Message -----

From: Alexander Atreides

To: equismetastock@xxxxxxxxxxxxxxxx

Sent: Tuesday, December 14, 2004 4:11 PM

Subject: Re: [EquisMetaStock Group] Heikin Ashi

Anfrew, Heikin-Ashi cannot be directly coded to
Metastock.

I use MS-Excel to draw Heikin-Ashi candles and do the
calculations.

I fyou insist on using Equis-Metastock you can import
data onto MS-Excel in two ways:1. Either Cut-Past from
Downloader onto an open Excel sheet, or 2. Download
the data in Excel (*.xls) or *.CSV fole format
directly. It depends on your data provider. Next you
may do the calculations in Excel. Finally, make a new
security in Metastock using the downloader, and
cut-paste the data of this new security from Excel in
the Dowloader. Then launch Metastock with the newly
created security. There you have your candles. Mind
you, you have to perform this task everytime your data
changes (i.e. every day if you use daily, every hour,
if your data is ahourly, etc.)

This process is cumbersome but I cannot think of
another solution. My programming skills in Metastock
are very basic. Maybe some of the programmers in this
group can help you with a better solution.

Have fun

AlexAtreides
--- andrew_slemko <andrew_slemko@xxxxxxxxx> wrote:

>
> Does any one where you can get the code for Heikin
> Ashi? I wanted to
> look at a few things when they are applied to the
> candlesticks?
>
> This is what I think it might be? But this is an
> indicator??
>
> HaClose:=(O+H+L+C)/44;
> HaOpen:= ValueWhen(2,1, (O+C)/2);
> HaOpen; {Red}
> HaClose {blue}
>
>
>
>
>
>


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