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TickCandle Heiken Ashi

Presentation

Another indicator that makes scalping on tick charts easier, it displays an Heiken Ashi graph in Ticks.

It allows to detect entry points and trend reversals.

Recommended  number of ticks in a candle : 5, 13 or 21.


Parameters

  • Ticks in candle: Number of ticks in a candle (default 5),
  • Displays Trend arrows : displays a trend arrow based on EMA8 and EMA20 crossing,
  • Displays MM50,
  • Displays MM100,
  • Max Candle (CPU): number of candles max to manage, low value will save ressources of your computer (CPU).


EA Interface

This indicator sends a chart event (23 or 24) when EMA8 and MA20 cross.

Be careful, after crossing, at least, the color of Heiken Ashi candles must be checked before opening a position.

Chart event 23: a bullish trend is starting
Chart event 24: a bearish trend is starting


Record ticks values

It is not realistic to record all the ticks (huge volume of data), so these indicators collect ticks data in real time, hence the display of this indicator will be reset to 0 every time you will restart it.


Nikolay Gaylis
17225
Nikolay Gaylis 2019.01.07 19:28 
 

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Version 1.2 2019.01.04
Replace MA160 by MA50 (more useful) and remove ADX filter.
Version 1.1 2018.10.21
Sends a chart event when the ADX is greater than 25 (value specified in parameter) and the EMA 8 and the MMA20 are crossed in the direction of the trend.

Chart event 23: starts a bullish trend
Chart event 24: starts a bearish trend

These events can be used by an EA.

Be careful : the color of the Heiken Ashi candles are not checked.