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Friday
Nov092012

Ahso Ashi part 1, Heiken Ashi reversals

(Click to enlarge (typ)While doing the research for the Heiken Ashi nodes for the Advanced Manual, I was reflecting again on how well this charting system shows the trends and started thinking about ways to have Prodigio enter a trade on the trend reversals shown on a Heiken Ashi chart.
 
 So the first thing that I want to do is to identify the downtrend.   Under source data, Prodigio gives us a couple of tools to work with Heiken Ashi bars directly. We will be using the Heiken Ashi node.  

 

 

Click on Image to enlarge (typ)

I've already made a couple of WizTools I'm going to use to help build some logic that will follow the trend down to the bottom and start giving me signals as it starts to climb back up.

 

 

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Next I am going to combine these subrules together with a flag so that I get a window of opportunities at the bottom of the trough to find my entrance.

 


 

 

                               | Ahso Ashi part 1, Heiken Ashi reversals (page 2 ) >>

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