Sunday, December 18, 2016

Heiken Ashi Candlesticks Smoothed Amibroker AFL

Heiken Ashi candlesticks are a very helpful source of analysing the trend in a smooth way. This AFL has been modified to depict the Heiken Ashi candlesticks in a much more smooth plotting. This will help reduce the noise of the price movement and assess the trend in a meaningful manner.

The plotting of Heiken Ashi candlesticks is different from the traditional candlesticks and therefore care should be taken in using them in one's own trading system. The working of Heiken Ashi candlesticks should be first understood well and then only they should be employed in price analysis.

Heiken Ashi Candlesticks Smoothed
Heiken Ashi Candlesticks Smoothed

You may download the AFL by clicking the link below.

Download Heiken Ashi Candlesticks Smoothed

7 comments:

  1. Replies
    1. This AFL will only help you to identify trend so please do not base your trade on the afl as Heiken Ashi.

      Buy and Sell signals on this AFL will not turn out to be good. This is only a kind of visual AFL for a quick reference to trend.

      Delete
  2. it dosent work sir can you help me

    ReplyDelete
  3. after download zip file it doent paste in custom file help me

    ReplyDelete
    Replies
    1. You mean you are trying to insert the indicator in the Custom Folder ?

      Did you extract the Zipped file ?

      The AFL file after extraction has to be pasted in the Custom folder . It should work , very straight forward process.

      Delete
  4. Dear Sir,
    I run attached Heiken Ashi Candlesticks Smoothed Amibroker AFL in Banknifty future, its realy best AFL, but there some one error that Value not match with current market rate. i.e. high low close etc. please help me regarding this

    ReplyDelete
    Replies
    1. Hi Santosh,

      Heiken Ashi candles are calculated like this only like an average therefore the real values are not seen in the levels used in Heiken Ashi. If you read the code of Heiken Ashi candles , you will understand the reason behind this.

      Happy Trading

      Delete

Required US Government Disclaimer & CTFC Rule 4.41

Futures trading contains substantial risk and is not suitable for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or lifestyle. Only consider risk capital that should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. CTFC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS SUCH AS LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. All trades, patterns, charts, systems, etc., discussed in this website or advertisement are for illustrative purposes only and not construed as specific advisory recommendations. All ideas and materials presented herein are for information and educational purposes only. No system or trading methodology has ever been developed that can guarantee profits or prevent losses. The testimonials and examples used herein are exceptional results which do not apply to average people and are not intended to represent or guarantee that anyone will achieve the same or similar results. Trades placed on the reliance of Trend Methods systems are taken at your own risk for your own account. This is not an offer to buy or sell futures interests.