Smoothed Heikin-Ashi for ThinkorSwim

Hi, I'm new here.
I really wanted to try out a Smoothed Heiken-Ashi study for TOS, since it is not available in the default program I looked for a script online, which brought me here. I edited the study from page 1.
I don't do much scripting but I thought others might find it useful.

Code:
# Heikin Ashi Smoothed
# HoboTheClown / blt
# 9.15.2016

# HoboTheClown: I recently found a code for smoothed heiken ashi bars,
# however for some reason all the bars are displayed as one color (going up or down).
#
# blt: Modified the code and replaced the addchart code at the bottom,
# you should now see proper coloring. This is how that was coded to plot
# as an overlay to the chart candlesticks. That is two sets of candles,
# with different coloring for each. If you have the heikin ashi candle
# coloring code on your chart, then they will likely appear the same color.

#Update that "fixes" the green candles.
#JTP
#02/7/2021

input period = 20;
input hideCandles = Yes; #Now functional - JTP
input candleSmoothing = {default Valcu, Vervoort};

DefineGlobalColor("RisingMA", color.green);
DefineGlobalColor("FallingMA", color.red);

input movingAverageType = {Simple, default Exponential, Weighted, Hull, Variable, TEMA};

def openMA;
def closeMA;
def highMA;
def lowMA;

switch (movingAverageType) {
case Simple:
    openMA = compoundValue(1, Average(open, period), open);
    closeMA = compoundValue(1, Average(close, period), close);
    highMA = compoundValue(1, Average(high, period), high);
    lowMA = compoundValue(1, Average(low, period), low);
case Exponential:
    openMA = compoundValue(1, ExpAverage(open, period), open);
    closeMA = compoundValue(1, ExpAverage(close, period), close);
    highMA = compoundValue(1, ExpAverage(high, period), high);
    lowMA = compoundValue(1, ExpAverage(low, period), low);
case Weighted:
    openMA = compoundValue(1, WMA(open, period), open);
    closeMA = compoundValue(1, WMA(close, period), close);
    highMA = compoundValue(1, WMA(high, period), high);
    lowMA = compoundValue(1, WMA(low, period), low);
Case Hull:
    openMA = compoundValue(1, HullMovingAvg(open, period), open);
    closeMA = compoundValue(1, HullMovingAvg(close, period), close);
    highMA = compoundValue(1, HullMovingAvg(high, period), high);
    lowMA = compoundValue(1, HullMovingAvg(low, period), low);
case variable:
    openMA = compoundValue(1, VariableMA(open, period), open);
    closeMA = compoundValue(1, VariableMA(close, period), close);
    highMA = compoundValue(1, VariableMA(high, period), high);
    lowMA = compoundValue(1, VariableMA(low, period), low);
case TEMA:
    openMA = compoundValue(1, TEMA(open, period), open);
    closeMA = compoundValue(1, TEMA(close, period), close);
    highMA = compoundValue(1, TEMA(high, period), high);
    lowMA = compoundValue(1, TEMA(low, period), low);
}

hidePricePlot(hideCandles);

def haOpen;
def haClose;

switch(candleSmoothing) {
case Valcu:
    haOpen = CompoundValue(1, ( (haOpen[1] + (openMA[1] + highMA[1] + lowMA[1] + closeMA[1]) /4.0)/2.0), open);
    haClose = ((OpenMA + HighMA + LowMA + CloseMA)/4.0) ;

case Vervoort:
    haOpen = CompoundValue(1, ( (haOpen[1] + (openMA[1] + highMA[1] + lowMA[1] + closeMA[1]) /4.0)/2.0), open);
    haClose = ((((OpenMA + HighMA + LowMA + CloseMA)/4.0) + haOpen + Max(HighMA, haOpen) + Min(LowMA, haOpen))/4.0);
}

plot o = haOpen + 0;
o.hide();

### Wicks and Shadows

def haLow = min(lowMA, haOpen);
def haHigh = max(highMA,haOpen);

### NO LONGER SUPPORTED BY TOS
###
### AddChart(high = haHigh, low = haLow, open = o, close = haclose, type = ChartType.CANDLE, growColor = GlobalColor("RisingMA"), fallColor = GlobalColor("FallingMA"), neutralColor = color.gray);

#Red Candlesticks -----------------------------------------------------------------|

input charttype = ChartType.CANDLE;
def haOpen_fall = if haOpen>haClose
              then haOpen
              else double.nan;
def haHigh_fall   = if haOpen>=haClose
              then haHigh
              else double.nan;
def haLow_fall    = if haOpen>=haClose
              then haLow
              else double.nan;
def haClose_fall    = if haOpen>=haClose
              then haClose
              else double.nan;

AddChart(growColor = Color.red, fallColor = Color.green, neutralColor = Color.current, high = haHigh_fall, low = haLow_fall, open = haOpen_fall, close = haClose_fall , type = ChartType.CANDLE);

#Green Candlesticks -----------------------------------------------------------------|

#Removed and/or replaced - JTP
#def HAclose1 = if haOpen<=haClose
               # then hahigh
               # else double.nan;
#def HAclose1 = ohlc4 -1;
#def HAopen1  = if haopen<=haclose
              #  then haclose
              # then CompoundValue(1, (HAopen[1] + HAclose[1]) /2, (open[1] + close[1]) / 2)       
              # else double.nan;

def haOpen_rise = if haOpen<haClose
                then haClose
                else double.nan;
def haHigh_rise  = if haOpen<=haClose
              then haHigh
              else double.nan;
def haLow_rise   = if haOpen<=haClose
              then haLow
              else double.nan;
def haClose_rise   = if haOpen<=haClose
              then haOpen
              else double.nan;

AddChart(growColor = Color.green, fallColor = Color.red, neutralColor = Color.current, high = haHigh_rise, low = haLow_rise, open = haOpen_rise, close = HAclose_rise, type = ChartType.CANDLE);

# End Study
##############################################################################

View attachment 9397
Does anyone have the script for this Smooth HA study watchlist column?
 
I was wondering if any one knows how to add an alert to this Heikin Ashi Smoothed code below to signal when the trend has change and closed in a new direction. I have added a screen shot of when I am looking for it to alert, the purple vertical line is where the signal should trigger. I pulled the alert code from another one of my scripts but for some reason I havent been able to figure out what part of the Heikin code will actually make this one trigger on the switch.

Thanks a bunch in advance!!!



https://usethinkscript.com/threads/smoothed-heikin-ashi-for-thinkorswim.216/
Code Below

# Heikin Ashi Smoothed
# HoboTheClown / blt
# 9.15.2016

input period = 6;
input hideCandles = no;
input candleSmoothing = {default Valcu, Vervoort};

DefineGlobalColor("RisingMA", color.green);
DefineGlobalColor("FallingMA", color.red);

input movingAverageType = {Simple, default Weighted};

def openMA;
def closeMA;
def highMA;
def lowMA;

switch (movingAverageType) {
case Simple:
openMA = compoundValue(1, Average(open, period), open);
closeMA = compoundValue(1, Average(close, period), close);
highMA = compoundValue(1, Average(high, period), high);
lowMA = compoundValue(1, Average(low, period), low);
case Weighted:
openMA = compoundValue(1, WMA(open, period), open);
closeMA = compoundValue(1, WMA(close, period), close);
highMA = compoundValue(1, WMA(high, period), high);
lowMA = compoundValue(1, WMA(low, period), low);
}

#hidePricePlot(hideCandles);

def haOpen;
def haClose;

switch(candleSmoothing) {
case Valcu:
haOpen = CompoundValue(1, ( (haOpen[1] + (openMA[1] + highMA[1] + lowMA[1] + closeMA[1]) /4.0)/2.0), open);
haClose = ((OpenMA + HighMA + LowMA + CloseMA)/4.0) ;

case Vervoort:
haOpen = CompoundValue(1, ( (haOpen[1] + (openMA[1] + highMA[1] + lowMA[1] + closeMA[1]) /4.0)/2.0), open);
haClose = ((((OpenMA + HighMA + LowMA + CloseMA)/4.0) + haOpen + Max(HighMA, haOpen) + Min(LowMA, haOpen))/4.0);
}

plot o = haopen;
o.hide();

def haLow = min(lowMA, haOpen);
def haHigh = max(highMA,haOpen);

### NO LONGER SUPPORTED BY TOS
###
### AddChart(high = haHigh, low = haLow, open = o, close = haclose, type = ChartType.CANDLE, growColor = GlobalColor("RisingMA"), fallColor = GlobalColor("FallingMA"), neutralColor = color.gray);

####THIS IS FOR THE RED CANDLES OF THE HA

input charttype = ChartType.CANDLE;
def haopen_ = if haopen>haclose
then HAopen + 0
else double.nan;
def HAhi = if haopen>=haclose
then hahigh
else double.nan;
def HAlo = if haopen>=haclose
then halow
else double.nan;

AddChart(growColor = color.red, fallColor = Color.green, neutralColor = Color.current, high = HAhi, low = HAlow, open = haopen_, close = HAclose, type = ChartType.CANDLE);

####THIS IS FOR THE GREEN CANDLES OF THE HA

def HAclose1 = ohlc4;
def HAopen1 = if haopen<=haclose
then CompoundValue(1, (HAopen[1] + HAclose[1]) / 2, (open[1] + close[1]) / 2)
else double.nan;
def haopen_1 = if haopen<=haclose
then HAopen1 + 0
else double.nan;
def HAhigh1 = hahigh;
def HAlow1 = halow;

AddChart(growColor = Color.green, fallColor = Color.red, neutralColor = Color.current, high = HAhigh1, low = HAlow1, open = haopen_1, close = HAclose1, type = ChartType.CANDLE);

####This is the alert code, the next 2 lines are incorrect and need fixing, the last 2 ALERT codes work as they should.

#def SELL = hahigh1[1] > hahigh1 ;
#def BUY = halow1[1] < halow1 ;

#alert(SELL, "SELL", Alert.BAR, Sound.Ding);
#alert(BUY, "BUY", Alert.BAR, Sound.Ring);
 

Attachments

  • HAS.png
    HAS.png
    48.8 KB · Views: 234
Last edited by a moderator:
I was wondering if any one knows how to add an alert to this Heikin Ashi Smoothed code below to signal when the trend has change and closed in a new direction. I have added a screen shot of when I am looking for it to alert, the purple vertical line is where the signal should trigger. I pulled the alert code from another one of my scripts but for some reason I havent been able to figure out what part of the Heikin code will actually make this one trigger on the switch.

Thanks a bunch in advance!!!



https://usethinkscript.com/threads/smoothed-heikin-ashi-for-thinkorswim.216/
Code Below

# Heikin Ashi Smoothed
# HoboTheClown / blt
# 9.15.2016

input period = 6;
input hideCandles = no;
input candleSmoothing = {default Valcu, Vervoort};

DefineGlobalColor("RisingMA", color.green);
DefineGlobalColor("FallingMA", color.red);

input movingAverageType = {Simple, default Weighted};

def openMA;
def closeMA;
def highMA;
def lowMA;

switch (movingAverageType) {
case Simple:
openMA = compoundValue(1, Average(open, period), open);
closeMA = compoundValue(1, Average(close, period), close);
highMA = compoundValue(1, Average(high, period), high);
lowMA = compoundValue(1, Average(low, period), low);
case Weighted:
openMA = compoundValue(1, WMA(open, period), open);
closeMA = compoundValue(1, WMA(close, period), close);
highMA = compoundValue(1, WMA(high, period), high);
lowMA = compoundValue(1, WMA(low, period), low);
}

#hidePricePlot(hideCandles);

def haOpen;
def haClose;

switch(candleSmoothing) {
case Valcu:
haOpen = CompoundValue(1, ( (haOpen[1] + (openMA[1] + highMA[1] + lowMA[1] + closeMA[1]) /4.0)/2.0), open);
haClose = ((OpenMA + HighMA + LowMA + CloseMA)/4.0) ;

case Vervoort:
haOpen = CompoundValue(1, ( (haOpen[1] + (openMA[1] + highMA[1] + lowMA[1] + closeMA[1]) /4.0)/2.0), open);
haClose = ((((OpenMA + HighMA + LowMA + CloseMA)/4.0) + haOpen + Max(HighMA, haOpen) + Min(LowMA, haOpen))/4.0);
}

plot o = haopen;
o.hide();

def haLow = min(lowMA, haOpen);
def haHigh = max(highMA,haOpen);

### NO LONGER SUPPORTED BY TOS
###
### AddChart(high = haHigh, low = haLow, open = o, close = haclose, type = ChartType.CANDLE, growColor = GlobalColor("RisingMA"), fallColor = GlobalColor("FallingMA"), neutralColor = color.gray);

####THIS IS FOR THE RED CANDLES OF THE HA

input charttype = ChartType.CANDLE;
def haopen_ = if haopen>haclose
then HAopen + 0
else double.nan;
def HAhi = if haopen>=haclose
then hahigh
else double.nan;
def HAlo = if haopen>=haclose
then halow
else double.nan;

AddChart(growColor = color.red, fallColor = Color.green, neutralColor = Color.current, high = HAhi, low = HAlow, open = haopen_, close = HAclose, type = ChartType.CANDLE);

####THIS IS FOR THE GREEN CANDLES OF THE HA

def HAclose1 = ohlc4;
def HAopen1 = if haopen<=haclose
then CompoundValue(1, (HAopen[1] + HAclose[1]) / 2, (open[1] + close[1]) / 2)
else double.nan;
def haopen_1 = if haopen<=haclose
then HAopen1 + 0
else double.nan;
def HAhigh1 = hahigh;
def HAlow1 = halow;

AddChart(growColor = Color.green, fallColor = Color.red, neutralColor = Color.current, high = HAhigh1, low = HAlow1, open = haopen_1, close = HAclose1, type = ChartType.CANDLE);

####This is the alert code, the next 2 lines are incorrect and need fixing, the last 2 ALERT codes work as they should.

#def SELL = hahigh1[1] > hahigh1 ;
#def BUY = halow1[1] < halow1 ;

#alert(SELL, "SELL", Alert.BAR, Sound.Ding);
#alert(BUY, "BUY", Alert.BAR, Sound.Ring);

looks like you want lines from the peaks and valleys
take a look at this post
https://usethinkscript.com/threads/...y-demand-zones-for-thinkorswim.172/#post-7048
 
Can't remember where I had found this, but I seem to get only the risingMA color. The fallingMA(red) color is risingMA(blue). So it's all the same color.

Code:
input period = 6;
input hideCandles = YES;
input candleSmoothing = {default Valcu, Vervoort};

DefineGlobalColor("RisingMA", color.blue);
DefineGlobalColor("FallingMA", color.red);

input movingAverageType = {default Simple, Exponential, Weighted, Hull, Variable, TEMA};

def openMA;
def closeMA;
def highMA;
def lowMA;

switch (movingAverageType) {
case Simple:
openMA = compoundValue(1, Average(open, period), open);
closeMA = compoundValue(1, Average(close, period), close);
highMA = compoundValue(1, Average(high, period), high);
lowMA = compoundValue(1, Average(low, period), low);
case Exponential:
openMA = compoundValue(1, ExpAverage(open, period), open);
closeMA = compoundValue(1, ExpAverage(close, period), close);
highMA = compoundValue(1, ExpAverage(high, period), high);
lowMA = compoundValue(1, ExpAverage(low, period), low);
case Weighted:
openMA = compoundValue(1, WMA(open, period), open);
closeMA = compoundValue(1, WMA(close, period), close);
highMA = compoundValue(1, WMA(high, period), high);
lowMA = compoundValue(1, WMA(low, period), low);
Case Hull:
openMA = compoundValue(1, HullMovingAvg(open, period), open);
closeMA = compoundValue(1, HullMovingAvg(close, period), close);
highMA = compoundValue(1, HullMovingAvg(high, period), high);
lowMA = compoundValue(1, HullMovingAvg(low, period), low);
case variable:
openMA = compoundValue(1, VariableMA(open, period), open);
closeMA = compoundValue(1, VariableMA(close, period), close);
highMA = compoundValue(1, VariableMA(high, period), high);
lowMA = compoundValue(1, VariableMA(low, period), low);
case TEMA:
openMA = compoundValue(1, TEMA(open, period), open);
closeMA = compoundValue(1, TEMA(close, period), close);
highMA = compoundValue(1, TEMA(high, period), high);
lowMA = compoundValue(1, TEMA(low, period), low);
}


hidePricePlot(hideCandles);

def haOpen;
def haClose;

switch(candleSmoothing) {
case Valcu:

haOpen = CompoundValue(1, ( (haOpen[1] + (openMA[1] + highMA[1] + lowMA[1] + closeMA[1]) /4.0)/2.0), open);
haClose = ((OpenMA + HighMA + LowMA + CloseMA)/4.0) ;

case Vervoort:
haOpen = CompoundValue(1, ( (haOpen[1] + (openMA[1] + highMA[1] + lowMA[1] + closeMA[1]) /4.0)/2.0), open);
haClose = ((((OpenMA + HighMA + LowMA + CloseMA)/4.0) + haOpen + Max(HighMA, haOpen) + Min(LowMA, haOpen))/4.0);

}

plot o = haopen;
o.hide();

def haLow = min(lowMA, haOpen);
def haHigh = max(highMA,haOpen);

AddChart(high = haHigh, low = haLow, open = o, close = haclose, type = ChartType.CANDLE, growColor = GlobalColor("RisingMA"), fallColor = GlobalColor("FallingMA"), neutralColor = color.gray);
 
Can't remember where I had found this, but I seem to get only the risingMA color. The fallingMA(red) color is risingMA(blue). So it's all the same color.

It would appear that the candles are hard-coded to green and red and not using your global option of blue


Are you looking for all bullish candles to be blue and bearish red?
Or are you looking for something else.

If something else, be very clear as to what you are asking.
An annotated image also helps.
 
It would appear that the candles are hard-coded to green and red and not using your global option of blue


Are you looking for all bullish candles to be blue and bearish red?
Or are you looking for something else.

If something else, be very clear as to what you are asking.
An annotated image also helps.
thanks for the response, yes id like them to show bullish blue and bearish red. They're all blue right not.
 

Attachments

  • 2025-08-23-TOS_CHARTS.png
    2025-08-23-TOS_CHARTS.png
    139.2 KB · Views: 50
Last edited:
thanks for the response, yes id like them to show bullish blue and bearish red. They're all blue right not.
Can't remember where I had found this, but I seem to get only the risingMA color. The fallingMA(red) color is risingMA(blue). So it's all the same color.

Code:
input period = 6;
input hideCandles = YES;
input candleSmoothing = {default Valcu, Vervoort};

DefineGlobalColor("RisingMA", color.blue);
DefineGlobalColor("FallingMA", color.red);

input movingAverageType = {default Simple, Exponential, Weighted, Hull, Variable, TEMA};

def openMA;
def closeMA;
def highMA;
def lowMA;

switch (movingAverageType) {
case Simple:
openMA = compoundValue(1, Average(open, period), open);
closeMA = compoundValue(1, Average(close, period), close);
highMA = compoundValue(1, Average(high, period), high);
lowMA = compoundValue(1, Average(low, period), low);
case Exponential:
openMA = compoundValue(1, ExpAverage(open, period), open);
closeMA = compoundValue(1, ExpAverage(close, period), close);
highMA = compoundValue(1, ExpAverage(high, period), high);
lowMA = compoundValue(1, ExpAverage(low, period), low);
case Weighted:
openMA = compoundValue(1, WMA(open, period), open);
closeMA = compoundValue(1, WMA(close, period), close);
highMA = compoundValue(1, WMA(high, period), high);
lowMA = compoundValue(1, WMA(low, period), low);
Case Hull:
openMA = compoundValue(1, HullMovingAvg(open, period), open);
closeMA = compoundValue(1, HullMovingAvg(close, period), close);
highMA = compoundValue(1, HullMovingAvg(high, period), high);
lowMA = compoundValue(1, HullMovingAvg(low, period), low);
case variable:
openMA = compoundValue(1, VariableMA(open, period), open);
closeMA = compoundValue(1, VariableMA(close, period), close);
highMA = compoundValue(1, VariableMA(high, period), high);
lowMA = compoundValue(1, VariableMA(low, period), low);
case TEMA:
openMA = compoundValue(1, TEMA(open, period), open);
closeMA = compoundValue(1, TEMA(close, period), close);
highMA = compoundValue(1, TEMA(high, period), high);
lowMA = compoundValue(1, TEMA(low, period), low);
}


hidePricePlot(hideCandles);

def haOpen;
def haClose;

switch(candleSmoothing) {
case Valcu:

haOpen = CompoundValue(1, ( (haOpen[1] + (openMA[1] + highMA[1] + lowMA[1] + closeMA[1]) /4.0)/2.0), open);
haClose = ((OpenMA + HighMA + LowMA + CloseMA)/4.0) ;

case Vervoort:
haOpen = CompoundValue(1, ( (haOpen[1] + (openMA[1] + highMA[1] + lowMA[1] + closeMA[1]) /4.0)/2.0), open);
haClose = ((((OpenMA + HighMA + LowMA + CloseMA)/4.0) + haOpen + Max(HighMA, haOpen) + Min(LowMA, haOpen))/4.0);

}

plot o = haopen;
o.hide();

def haLow = min(lowMA, haOpen);
def haHigh = max(highMA,haOpen);

AddChart(high = haHigh, low = haLow, open = o, close = haclose, type = ChartType.CANDLE, growColor = GlobalColor("RisingMA"), fallColor = GlobalColor("FallingMA"), neutralColor = color.gray);

Remove the addchart() code:
Code:
AddChart(high = haHigh, low = haLow, open = o, close = haclose, type = ChartType.CANDLE, growColor = GlobalColor("RisingMA"), fallColor = GlobalColor("FallingMA"), neutralColor = color.gray);[

Replace it with:

Code:
def bull = haOpen < haClose;
def na = Double.NaN;
AddChart(if bull then haHigh else na, low = haLow, open = o, close = haClose, type = ChartType.CANDLE, growColor = GlobalColor("RisingMA"), fallColor = GlobalColor("FallingMA"), neutralColor = Color.GRAY);
AddChart(if !bull then haHigh else na, low = haLow, open = o, close = haClose, type = ChartType.CANDLE, growColor = GlobalColor("fallingMA"), fallColor = GlobalColor("FallingMA"), neutralColor = Color.GRAY);
 
Remove the addchart() code:


Replace it with:

Code:
def bull = haOpen < haClose;
def na = Double.NaN;
AddChart(if bull then haHigh else na, low = haLow, open = o, close = haClose, type = ChartType.CANDLE, growColor = GlobalColor("RisingMA"), fallColor = GlobalColor("FallingMA"), neutralColor = Color.GRAY);
AddChart(if !bull then haHigh else na, low = haLow, open = o, close = haClose, type = ChartType.CANDLE, growColor = GlobalColor("fallingMA"), fallColor = GlobalColor("FallingMA"), neutralColor = Color.GRAY);

Worked perfectly!
 
Last edited by a moderator:

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