Heiken Ashi Candle-Change Arrows with Alternating Signals

Summary

The document describes a basic signal rule based on Heiken Ashi candles. A buy arrow appears after a bearish candle is followed by a bullish candle, while a sell arrow appears after a bullish candle is followed by a bearish candle. Signals alternate, so the indicator will not print another buy until a sell has appeared, or another sell until a buy has appeared.

This defines a simple candle-color reversal marker, but the document gives no evidence of profitability, testing results, entry or exit rules, or guidance for distinguishing a reversal from a temporary change in direction. It also does not specify an asset, timeframe, or risk controls, so the arrows alone do not constitute a complete trading method.

Key ideas

• A bullish Heiken Ashi candle after a bearish one triggers a buy arrow.
• A bearish Heiken Ashi candle after a bullish one triggers a sell arrow.
• Buy and sell arrows must alternate.
• The document provides no testing evidence or risk-management rules.

Tags

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