vdubus

MACD_Tracer_Cross_VDUB_V1

MUST USE HEIKEN ASHI CANDLES in conjunction with this strategy ema setting 34
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Tried to validate you results with this script and noticed that using 'HEIKEN ASHI' allows the script to 'cheat', it enters and exits trades at prices it would not be able to get. Just FYI @vdubus
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vdubus rmalm
@rmalm, yes i did state that the results may not be consistent. it would still be interesting to see how it played out in real time cheat aside ?
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rmalm vdubus
@vdubus, change it to candle stick and replace the close variable with (close + open + low +high)/4. That should keep the calculation the same.

The issue is that the close where it place the trade is not the actual close of the bar, so it places the trades at a better price then it would be able to get
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vdubus rmalm
@rmalm, No the results are nothing like the same. In live trading without the indicator a heiken ashi close is far stronger conformation ive found than traditional candles ie. a break of support / resistance close above or below wn't occure until the following candle starts

Example : See how the support line in respected using Heiken ashi compaired to Traditional candles


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Hey ! Thanks for you tools man ! Can i ask you why is heikin ashi important with this indacator ? normal candeles don't work ?
+1 Reply
vdubus dylantradingchrt
@dylantradingchrt, Honestly im not 100% sure. I think it may have something to do with the open / close of a Hieken ashi candle so although it looks good on paper i haven't forward tested this to confirm its impressive results
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is it non repainting buy/sell arrows ? is it gives good in normal candles ???
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thats cool buddy thank you. i am glad to meet you on tradingview and to your channel
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