Supertrend Heikin Ashi is an indicator based on the standard calculation of the Supertrend with the difference of using the Open and Close value of the Heikin Ashi candles instead of the normal Candle Sticks. In this way the main characteristic of the HA candles is exploited, thus filtering movements that could generate false signals. I recommend using SPY, SPX, QQQ to be aware of the market situation, not operating (or paying great attention) long on stocks when the indicator is red and the price is below the drawn line.
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