Question about Heikin Ashi with regular candlestick data.

fungus12

Member
Hello. I wanted to know if it's possible to have your chart display Heikin Ashi candles but use open/high/low/close data from regular candlesticks. I really like the clarity that Heikin Ashi gives you but the downside is the OHLC data isn't really accurate. I would prefer the data shown to be that of a regular candlestick. Is this possible? If not, are there any workarounds? Thanks in advance.
 
Solution
@fungus12
@spartan.ts
An easy hack is to have a regular candle chart next to the Heikin Ashi
Otherwise, this question has been addressed in many flavors on OneNote.

If you find a study that works well for you, please give back to the community by coming back and updating your post w/ the script. Thanks! :)
Hello. I wanted to know if it's possible to have your chart display Heikin Ashi candles but use open/high/low/close data from regular candlesticks. I really like the clarity that Heikin Ashi gives you but the downside is the OHLC data isn't really accurate. I would prefer the data shown to be that of a regular candlestick. Is this possible? If not, are there any workarounds? Thanks in advance.

sorry, i don't use those candles , so i don't have a good answer.

maybe you could,
use a normal chart,
turn off the main candles,
redraw heiken-ashi candles with these formulas and addchart( )

https://www.ig.com/en/trading-strategies/how-to-trade-using-the-heikin-ashi-candlestick-201218
 
@fungus12
@spartan.ts
An easy hack is to have a regular candle chart next to the Heikin Ashi
Otherwise, this question has been addressed in many flavors on OneNote.

If you find a study that works well for you, please give back to the community by coming back and updating your post w/ the script. Thanks! :)
 
Last edited:
Solution
@fungus12
@spartan.ts
An easy hack is to have a regular candle chart next to the Heikin Ashi
Otherwise, this question has been addressed in many flavors on OneNote.

If you find a study that works well for you, please give back to the community by coming back and updating your post w/ the script. Thanks! :)

Thanks however, that wasn't my question hense posting 2 different questions to you and the other post to what was being presented.

I went through one note and didn't see anything regarding turning regular candlestick color from heikenashi candle calculation. Did I miss it somewhere?
 

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