Heikin Ashi charts, and how it may point to a recession

[Handle123]

HA makes manual back tests look to easy as in it indicates too much of a pull back, where in reality never get filled.

I did okay in fast strong markets, HA changes colour, flip side and profit, but hides detail so no longer using.

Eventually besides ES, I developed indicator that looks for swing lengths by the hour, so it will look back seven trading days during that segment looking for swing length averages, so when price reaches a variance of the swing length average, HA system shuts down producing trend trades and starts to look for counter-trend trades, counter trend loves chop which often occurs near bottoms anyway, less so at tops as it often might make a Secondary high (failed attempt to make new highs) and sells off. Some call it an "A-B-C" pattern. It also happens at some bottoms but often cause of sped of price happening fast, often times in Crude Oil and Russell, but others as well, so when that happens, HA system will buy breakout of the ABC lowest high of C.

 

[Handle123]

I saw it somewhere, perhaps Ninja Trading forum that someone coded HA bars like candles so you can still see the real price of that bar.