Topic: Indicator for identifying black and white candles
Hi am trying to backtest with a simple strategy given below:
if two white candles appear above moving average - enter on next bar
exit if two black candles appear
exit if price closes below moving average..
i tried using heiken ashi white and black but it does not seem work..as in position opens even when the condition is not fulfilled(probably because its heiken ashi). is there any indicator which can be used to identfy black and white..