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Date/Time: Fri, 04 Oct 2024 15:02:07 +0000



Control wicks using Hiekin-Ashi study using RSI as input values

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[2024-09-17 20:41:11]
User153286 - Posts: 49
I am trying to build something like the HARIS-BB study and it's description is found at this site.

https://superalgos.org/Docs/Foundations/Topic/harsi-bb.shtml

It is basically the RSI value of a bar displayed as a Heikin-Ashi bar

When I use the Heikin-Ashi study with the RSI as input, the bar wicks always extend to 70 (high) and 30 (low) unless the respective value exceeds the extreme in which case then the actual value is displayed which is expected behavior.

I provided a copy of what I am seeing.

IS there a way correctly display the wicks?
imagewicks.PNG / V - Attached On 2024-09-17 20:36:43 UTC - Size: 89.55 KB - 18 views
[2024-09-17 20:49:18]
User153286 - Posts: 49
I found a way to turn off the wicks - In the RSI study used for input, I changed 70 and 30 to 0 and 0. Seems like a hack, but it worked.

Curious if there is other solution
[2024-09-18 13:53:08]
John - SC Support - Posts: 34921
The first thing you need to understand is that by setting the Heikin-Ashi to be based on the RSI, the Heikin-Ashi is using the first four subgraphs from the RSI as the Open, High, Low, and Close respectively. This means that your Heikin-Ashi Open is the RSI and the Close is the RSI Average. If this is what you want, then great.

The wicks, therefore, are being drawn at the levels of Line 1 and Line 2, which is why what you did worked. The better solution is to change the Draw Type for the Heikin-Ashi to an option that does not show wicks, such as "Candlestick Body Only". You do this at the top of the Subgraphs tab for the Heikin-Ashi study. Refer to the following:
Chart Studies: Subgraphs Tab >> Graph Draw Type
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