The strategy uses Heiken Ashi candles & goes as follows -
On a 5 minute chart you would go long /ES after two green flat bottomed Heiken Ashi candles & exit when a wick appears below a candle or on a candle color change, in this case green to red. For shorting it would be two red flat topped candles exiting when a wick appears above a candle or a red to green color change.
Ideally I'd like to run two backtests - one that exits when a wick appears below or above a candle & one that exits on a candle color change.
Thanks!
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