Hello everyone!
In my manual trading I use the “Heiken Ashi on Range Bars” indicator a lot and I´ve been trying to come up with a smart and profitable code for ProBuilder.
As you can see in the picture the gray/blue fields represent bear/bull. I´ve tried to write a code where like “ma2 crosses over heiken ashi cassure(outer line) then buy” but it isn´t very profitable and have huge drawdowns so I was thinking – maybe we can create something together?
It should work from everywhere between 5min to weekly but I think that it´s better to do something that works on a 5-15min time cause then we dont have to keep our position over night!
Hi, if you are referring to this indicator : http://www.prorealcode.com/prorealtime-indicators/heiken-ashi-on-range-bar/
It is made to draw heiken ashi candlestick on range bar only on PRT10.3. So I don’t really understand what you are trying to achieve here 🙂
I think that you are misunderstanding. As you can see in my picture below the thick yellow line (cassure) goes on different sides of the price if it´s in an up- or downgoing trend. The green and red colorzones indicates if the price is in up- or downgoing trend.
Ok, but what indicator is your yellow line?
It comes with the Indicator, its named cassure
Maybe something like this but it´s shitty 😉 If you guys have som ideas of how to improve the code you are free to add stuff, maybe rsi or something?
Oh ok, this code has nothing to deal with Heiken Ashi or range bars. It is the indicator for 3 lines break, maybe you could make some research on that kind of price representation and find strategies that go with.
Ok I give up! Haha
The yellow line and the colorzones comes with the indicator I linked that is taken from this webpage. But whatever, for manually trading it´s great.