HACO Long Term

hacolt

Function Name: hacolt

Tags: haco, heikin ashi, oscillator

Category: Candlestick

The indicator shows three levels: - Level 0: An open short position. - Level 50: No open position. - Level 100: An open long position.

Buy/Sell Long/Short signals: - From zero or 50 to 100 is a buy long signal. - from 100 to 50 or zero is a close long signal. - From 100 or 50 to zero is a buy short signal

 

Author: Sylvain Vervoot

Source: S&C July 2008: "Long-Term Trading Using Exchange Traded Funds"

 

Parameters

avg

 

Default Value: 55  |  Minimum: 1  |  Maximum: 100

 

Type: Numeric

CandleSize

 

Default Value: 1.1000000000000001  |  Minimum: 0.01  |  Maximum: 5

 

Type: Numeric

LTAverage

 

Default Value: 60  |  Minimum: 1  |  Maximum: 200

 

Type: Numeric

ShowTradeMarks

 

Default Value: -1

 

Type: Boolean