Heiken Ashi

Category: trend

Standard Heiken Ashi implementation that smooths price action by calculating synthetic OHLC values based on the previous bar's averages.

Formula

haClose = (Open + High + Low + Close) / 4\nhaOpen = (prev_haOpen + prev_haClose) / 2\nhaHigh = max(High, haOpen, haClose)\nhaLow = min(Low, haOpen, haClose)

Inputs

• ExtColor1 (default: Red)
• ExtColor2 (default: White)
• ExtColor3 (default: Red)
• ExtColor4 (default: White)

See signal primitives and every published strategy that uses Heiken Ashi on WOBR StrategyVerse.