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SoftKill21
Dec 18, 2020 11:27 AM

Heiken Ashi MTF Strategy- Indicator 

Crude Oil FuturesMCX

Description

Hello, this is both a strategy and indicator that revolves around Heikin Ashi candles.

In this case we take 3 different time frames, in this example we use daily , weekly and monthly.

The conditions for entry are :
For long : we check that we have a green daily candle, at the same time we check that the weekly and monthly candles are also green.
For short : We check that all candles, daily, weekly and monthly and red.

For exit of long : as soon as 1 of the 3 candles, daily or weekly or monthly converts to red, we exit.
For exit of short : as soon as 1 of the 3 candles converts to green, we exit.


This strategy- indicator can be adapted to any type of market.
Comments
westrategist
how to use 5min 15min and 1hour timeframe instead of daily, weekly and monthly timeframe in the indicator?
Carl2021111
does this repaint?
jdmonto0
Hi, I see you took my script and made an adaptation of it, which is really cool, but you should at least let me know and give me some credit!!
blajjmaka
repaint
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