Heikin-Ashi: Breakout Above Previous Month
Author: WEALTHPRO25
Creation Date: 6/16/2015 11:07 AM
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WEALTHPRO25

#1
can you please help me with the following:

breakout of monthly Heikin-Ashi chart, where the monthly bars show closing price is lower for each new month (red bars) and when the next month close is above the previous months open and close so the bar (blue) is higher than the last downtrend bar buy at the close of this month, this is the breakout price, is it possible to do this on a set of data symbols. greatly appreciate your help
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Eugene

#2
Run this on monthly scale. Make sure to load enough data:

CODE:
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WEALTHPRO25

#3
thank you, can you tell me where i have to adjust so the buy signal is one month earlier, it seems the buy signal is at the close of the second month of uptrend instead of the first month of uptrend after a downtrend
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Eugene

#4
There's nothing to adjust: the buy signal is at the next bar's open, not at close.