20 lines
2.4 KiB
Markdown
20 lines
2.4 KiB
Markdown
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# [Heikin Ashi Lines](https://www.mql5.com/en/code/47605)
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> ***A simpler way to display Heikin Ashi***
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Probably everyone has put up a _Heikin Ashi_ chart one time or another. It makes it look so much cleaner with less noise and clearer trends.
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But there is one major flaw—it hides the true bar/candle values, especially the true closing prices.
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The _Heikin Ashi_ close price is simply an applied price called the “total price”, and the _Heikin Ashi_ open is simply a moving average of its close prices.
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So, why not just display it as two lines instead?
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This is what this indicator does. That way, you can still see the true bar/candle values. The dotted line is the open and the solid is the close.
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Please note that by default it will use _Gray/Grey_ as the line colour, which is dull. So use the colour that best suits you, for example _Yellow_ on a black background or _Blue_ on a white background.
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The code uses conditional compilation and will compile on both MQL4 and MQL5. Please note that all my _CodeBase_ publications’ source code are also available in my public *AlgoForge* repository, named [“FMIC”](https://forge.mql5.io/fmic/FMIC).
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