tradebyday
Active member
Sorry to disappoint guys but this project here has ended. Massive repainter, and definitely not worth using in any live trading. For an alternative here is a Heiken ashi based lower indicator to be played with that think someone else in here had made at one point
Code:
declare lower;
#Heikin-Ashi
def hc = (open + high + low + close ) / 4;
def ho = CompoundValue( 1, ( ho[1] + hc[1] ) / 2, hc );
def hh = Max(Max(high , ho), hc);
def hl = Min(Min(low , ho), hc);
def hh1r = if ho == hc then 0 else if ho < hc then 1 else -1;
plot Value = 1;
Value.AssignValueColor ( if hh1r == 1 then COLOR.GREEN else COLOR.RED );
Value.SetPaintingStrategy(PaintingStrategy.LINE_VS_POINTS);