That's kinda the idea. I wanted to reduce the number of trades. I typed in the heikin ashi formula and used that as my variable, and replaced all of my "open position on bar close" commands to the variable, but yet for whatever reason, the trades are not firing at the correct times.
I am trying to develop a strategy in Pine Script, but if you don't Pine Script, that's alright. I just need to know how the logic will work in order to implement it.
My strategy is to take trades when signals fire on the heikin ashi chart. My problem is - when I backtest using the heikin ashi...
Sorry for the noob question but I'm wondering if there is any indicator that simply multiples volume by share price.
Let me explain the rationale.
Conventional volume analysis says that in an up trending stock, the volume should be expanding. If it's contracting, then it's a warning sign that...
Scenario 1) You are the trolley conductor and your trolley is going down the main track and the breaks are broken. On the main track, there are 5 people. There is a track that veers to the left with 1 person on that track. Either the 5 people, or the 1 that is on the side track will be killed...
I personally don't know the answer to this question, however I did ask this question to a mutual fund salesman for the Rogers Commodity Index on how they manage this issue since I was considering buying the index when I worked as an investment analyst.
According to him, if you buy too far out...
I'm replying to this a little late as I just saw it, but we had a textbook example of a bull flag forming on the 15m chart, and then the subsequent push higher. I'm not an NQ trader, but I would short around 5570 as I see pretty strong resistance there.