Heiken Ashi MTF Strategy- Indicator by SoftKill21
By SoftKill21
Performance Metrics
- Author: SoftKill21
- Symbol: MCX:CRUDEOIL1!
- Timeframe: 1 day
- Net P&L: +206,300.00 NONE (+200.00%)
- Win Rate: 41.1%
- Profit Factor: 1.357
- Max Drawdown: 120,900.00 NONE (45.64%)
- Total Trades: 112
- Sharpe Ratio: 0.166
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.