Series of Heikin ashi candle strategy
Series of Heikin ashi candle strategy, idea and rules:
After 2 consecutive heikin ashi candles of same color, place a buy stop order at high of last candle if green or a sell stop order at low of last candle if red.
Strategy follows the open order with trailing stop.
Use on charts with heikin ashi candles.
Good on lower timeframes and scalping.
Please use comment section for any feedback.
Next improvment (only to who is interested to this script and follows me): study with alerts. Leave a comment if you want to have access to study.
After 2 consecutive heikin ashi candles of same color, place a buy stop order at high of last candle if green or a sell stop order at low of last candle if red.
Strategy follows the open order with trailing stop.
Use on charts with heikin ashi candles.
Good on lower timeframes and scalping.
Please use comment section for any feedback.
Next improvment (only to who is interested to this script and follows me): study with alerts. Leave a comment if you want to have access to study.
Release Notes:
Improved performance and ability to change how many consecutive candle of same color before entry.