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Basic pullback with Heikin Ashi and 5EMA+2
Last Activity 1/2/2025 4:50 PM
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Rean

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Posts: 105

Joined: 8/30/2013
Location: Johannesburg, South Africa

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Subject : Basic pullback with Heikin Ashi and 5EMA+2
Posted : 5/11/2020 2:23 PM
Post #47158

Hi everyone

May I ask for guidance on how I could build this basic Heikin-Ashi alert in OT-RT2020?

Brief summary:

The configuration requires a 5EMA with an offset of +2.

I want to be alerted when price is within a trend, then retreats back to the EMA, and then resumes again. The alert must be triggered at the first candle that opens and closes away from the EMA, and in the direction of the original trend.

I hope that my attachments illustrate it more clearly. I have used recent chfjpy 1hr charts to try and illustrate the ideal scenario.

The configuration must provide for alerts only, it is not required for a trade plan. I'll manually enter a trade once I have received an alert.

Thanks and regards


[Edited by Rean on 5/11/2020 2:33 PM]

Attached file : USDCHF 1 May - 12 May 2020.jpg (201KB - 282 downloads)
Attached file : USDCHF 1 April 2020.jpg (173KB - 263 downloads)

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