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HA EMA3 indicator
Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=41310
Forum: 38 · Topic 41310 · 1 post(s)
HA EMA3 indicator
Alexander.Gettinger · Tue Jun 18, 2013 2:54 pm
The indicator is based on the moving average of the Heiken Ashi candles.
Formulas: MA1 = MA(HA_Close), MA2 = MA(MA1), MA3 = MA(MA2), where HA_Close[i] = ((Open[i]+High[i]+Low[i]+Close[i])/4+HA_Open[i]+Max(High[i], HA_Open[i])+Min(Low[i], HA_Open[i]))/4, HA_Open[i] = ((Open[i+1]+High[i+1]+Low[i+1]+Close[i+1])/4+HA_Open[i+1])/2.
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