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Re: [EquisMetaStock Group] Heikin Ashi



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This issue has been brought up several times in the
past. Please check with old posts. All in all,
Metastock cannot produce Heikin Ashi candles. You have
to export O,H,L,C, prices in a spreadsheet and there
make calculations and use these results to produce
these candles with the aid of charting utilities of
the spreadsheet itself.

AlexAtreides

--- Brett Sinclair <brett_j_sinclair@xxxxxxxxx> wrote:

> Can anyone code Heikin-Ashi Candlesticks in
> Metastock?
>    
>   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)   The "open,"
> "high," "low," and "close" referred to are of the
> current bar. The prefix 
>   ha- indicates the corresponding heikin-ashi
> modified values
>    
>   Thanks, Brett
> 
> 			
> ---------------------------------
>  Yahoo! Mail
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> 
> [Non-text portions of this message have been
> removed]
> 
> 
> 
> 


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