An 'Inside Bar Strategy' as seen used and taught extensively by ChartGuys.com (A Huge YouTube Trading community). Here is an automatable version, you can have it for free!
This Script was coded by riskTrader aka @cryptoTrader_ for a Indicator Script by slicknuts aka slicktrades. The version for the script provides its users the ability to place Automated Trades using Alerts Trader for Tradingview a chrome Ext.
** this script certified as a non-repaint algorithm by riskTrader
** live recordings of this script performance can be found at: https://www.youtube.com/c/MiningTrades/l... YouTube LiveSteam -1.30.2019
To automated this strategy script get Alerts Trader for Tradingview a Chrome extendo.
Here at this Chrome Store Link: https://chrome.google.com/webstore/detai...
Just set the Alerts up and you are ready to go!
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.
Although you can use Security function for the same if you don't know how to calculate Heiken Ashi Candles, Repainting will be an Issue.
This guy right here is claiming it to be a non-repaint version so, I'd say you give it a shot with lesser Leverage, say about 5x. Manage your risk well!