bose
1
Hi, I have found the Buy and Sell postions of Heikin Ashi online. I am looking for an Exit Strategy. Please Help.
Buy Position Exit - Heikin Ashi Current Bar CLOSE Lower than Previous Bar OPEN.
Sell Postion Exit - Heikin Ashi Current Bar CLOSE Higher than Previous Bar OPEN.
BUY
SET HC = (OPEN+HIGH+LOW+CLOSE)/4
SET HO = (REF(OPEN,1) + REF(CLOSE,1))/2
SET HH = MAXOF(HIGH, MAXOF(HC, HO))
SET HW = MINOF(LOW, HO, HC)
HO = HW
SELL
SET HC = (OPEN+HIGH+LOW+CLOSE)/4
SET HO = (REF(OPEN,1) + REF(CLOSE,1))/2
SET HH = MAXOF(HIGH, MAXOF(HC, HO))
SET HW = MINOF(LOW, HO, HC)
HH = HO