OPEN-SOURCE SCRIPT

MVO - MA Signal Strategy

736
Strategy Description: MA Signal Strategy with Heikin Ashi, Break-even and Trailing Stop



🔍 Core Concept

This strategy enters long or short trades based on Heikin Ashi candles crossing above or below a moving average (MA), with optional confirmation from the Money Flow Index (MFI). It includes:
• Dynamic stop loss and take profit levels based on ATR
• Optional break-even stop adjustment
• Optional trailing stop activation after breakeven
• Full visual feedback for trades and zones



⚙️ Indicators Used
• Heikin Ashi Candles: Smooth price action to reduce noise.
• Simple Moving Average (MA): Determines trend direction.
• Average True Range (ATR): Sets volatility-based SL/TP.
• Money Flow Index (MFI): Optional momentum filter for entries.



📈 Trade Entry Logic

✅ Long Entry:

Triggered if:
• Heikin Ashi close crosses above the MA
or
• MFI is below 20 and Heikin Ashi close is above the MA

❌ Short Entry:

Triggered if:
• Heikin Ashi close crosses below the MA
or
• MFI is above 90 and Heikin Ashi close is below the MA



🛑 Stop Loss & Take Profit
• SL is set using riskMult * ATR
• TP is set using rewardMult * ATR

Example:
• If ATR = 10, riskMult = 1, rewardMult = 5
→ SL = 10 points, TP = 50 points from entry



⚖️ Break-even Logic (Optional)
• If price moves in your favor by breakevenTicks * ATR, SL is moved to entry price.
• Enabled via checkbox Enable Break Even.



📉 Trailing Stop Logic (Optional)
• Once break-even is hit, a trailing stop starts moving behind price by trailATRmult * ATR.
• Trailing stop only activates after break-even is reached.
• Enabled via checkbox Enable Trailing Stop.
📊 Visual Elements
• Heikin Ashi candles are drawn on the main chart.
• Trade zones are shaded between SL and TP during open trades.
• Lines mark Entry, SL, TP, Break-even trigger.
• Markers show entries and exits:
• Green/red triangles = long/short entries
• ✅ = Take profit hit
• ❌ = Stop loss hit
✅ Best Use Case
• Trending markets with strong pullbacks
• Works on multiple timeframes
• Better suited for assets with consistent volatility (ATR behavior)

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.