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Presumably everyone has suggested that Lu Pingjin charted at one time or another. It makes it look cleaner, with less noise and clearer trends.

But there is one major flaw - it hides the real bar/candle value and especially the real closing price.

The closing price of Lupingjin is just an applied price called "total price", and the opening price of Lupingjin is just the moving average of the closing price.

So why not display it as two lines?

That's what this indicator does. This way you can still see the real bar/candle values. The dotted line is the opening price and the solid line is the closing price.

Note that by default it will use grey/grey as the line color, which is dim. So use the color that suits you best, such as yellow on a black background or blue on a white background.

The code uses conditional compilation and will be compiled on MQL4 and MQL5. Please note that the source code for all my codebase publications is now also available in the "Public Projects" tab with the meta-editor name "FMIC".

Attachment download

📎 heikin_ashi_lines.mq5 (5.73 KB)

Source: MQL5 #47605