Heiken Ashi and TDI Signals for Brent Crude on a Two-Hour Chart

Summary

The document presents a two-hour strategy adapted for Brent crude, combining smoothed RSI crossover signals from the Traders Dynamic Index approach with Heiken Ashi price values and a shifted moving average of typical price. Long entries occur when the faster RSI average crosses above the slower one below the midpoint, with a price filter; short entries use the reverse crossover above the midpoint. Exit conditions use additional crossovers and price filters. Position size changes according to recent losing or winning streaks and strategy equity.

The author reports 15 trades over a three-month backtest, using a three-point spread. The code does not include a stop loss or take profit, and the available crude-oil history limited the test period. The author also notes that some entries could be improved and raises the question of instrument-specific adjustment. This small, short sample does not establish robustness or profitability, and the position-sizing logic may amplify exposure after winning streaks.

Key ideas

• The strategy combines RSI average crossovers, Heiken Ashi values, and a shifted typical-price moving average as entry filters.
• Long and short entries use opposite crossover directions relative to the RSI midpoint.
• Exit signals use further crossovers with separate price and indicator filters.
• Position size responds to strategy equity and recent consecutive wins or losses.
• The reported test covers three months and 15 trades, without coded stop loss or take profit.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.