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Unfortunately, MetaStock does not have the ability to display the
prices in the Heikin-Ashi price style directly, although a workaround
is possible.
You must copy the data from a MetaStock data file, and paste it into
Excel and convert the data as described in the article written by Mr.
Valcu (page 22). Once the haOpen, haHigh, haLow and haClose values
are available, you must copy these and the Dates and paste them into
a MetaStock data file in The DownLoader. The Date goes into the Date
field, the haOpen values go into the Open field, the haHigh values
into the High field, and so on. You should use File | New | Security
function in The DownLoader to create the file, giving it an
appropriate name and symbol, such as for IBM, you might make both the
Name and Symbol be "haIBM" (following a conversation with Mr. Valcu).
Once this data file is available, opening it in MetaStock, and set
the price style to Candlesticks.
If you wish the White candles (Close > Open) colored green and the
Black candles (Close < Open) colored red, you can create an Expert
that highlights the bars this way, or edit the existing Equis –
Candlesticks expert, and turn-on the Highlights that are already
defined there.
Trader Joe...
--- In equismetastock@xxxxxxxxxxxxxxx, Harish Chheda <chhedaad1@xxxx>
wrote:
> Hi ,
> Is there anyway to draw Heikin Ashi charts in MetaStock ?
>
> Thanks For Suggestions ,
> Harish Chheda
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