Smoothed Heikin-Ashi for ThinkorSwim

@andre.muhammad You can use the study from this post to scan the logic that makes up red or green Heiken-Ashi candles. In other words, here's how to scan for Heiken-Ashi color.

ZJi1pAf.png
 
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 by HoboTheClown/blt to get the green ha-candles working as I expected. 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
##############################################################################

48hlflx.jpg
 
7cL0CcB.png


How to code Sound Bell if Bullish or Bearish Change - Please see screenshot and code below

Thank you for your help
I worked it out -

# Alerts
Alert(Bullish, text = "Buy HA Signal", sound = Sound.Bell, "alert type" = Alert.BAR);

Alert(Bearish, text = "HA Momentum_Down", sound = Sound.Bell, "alert type" = Alert.BAR);

# End Code
 
@JTP Nice work. I am using your revised version, but I use it outside of the main chart with white and gray candles instead of green and red.
 
I am using this with Choppiness Index from Mobius - to tell me when to keep out of trades and DMI and Chaikin to confirm my HA trade - works well so far - even on 1 min TF
 
Wondering if anyone has or has come across the smoothed Heiken Ashi code for TOS. I found the below but the constant problem I have seen is that it will not color the down candles to red. It all remains green. Anyone have any insight? I cannot remember where I came across the original code. Thanks

Rich (BB code):
input period = 6;
input hideCandles = YES;
input candleSmoothing = {default Valcu, Vervoort};

DefineGlobalColor("RisingMA", color.green);
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 someone please help to plot the price Bars on the Heikin ashi? price line can be added, I wanted to see the price daily bars on the Heikin ashi. Thanks
 
From a chart in ThinkorSwim: Settings > Appearance > Chart type: select "Heikin Ashi."
I don't like the way it paints the candles.
I just add the smoothed line by using the study: HeikinAshiSmoothed
I turn the plot (and off the bubble.) That shows the smoothed line without painting the candles.
Thanks for your help.
 
Hi All,

I am looking for some help to replicate the smooth heikin ashi chart as attached - specifically the green study where it says: (Tick_Master (7, yes, Valcu, Weighted).

Thanks in advance! Long time browser here since the beginning and I appreciate what all y'all do.

Best,
Corello

 
@corello it is not possible to know what is meant by: (Tick_Master (7, yes, Valcu, Weighted) without seeing the code.
But you can read through this thread to get an idea of the type of smooth heikin ashi charts, other members have come up with.
 
for some reason it didnt show on my chart, any ideas?
It might have to do with chart settings, I imported it as a study and a strategy, and it hid everything else on my chart, but when I changed the setting for "Show Smoothed Candles Only" to no, my chart data was no longer hidden but still couldn't see the Heiken Ashi study. tried a few different changes with settings but no dice. Guess we'll wait :)
I moved your questions to this thread. Read through it. It provides a better understanding of the complexities of using this indicator on your charts.
 

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