Javo v1 combines Heikin Ashi candles with a pair of exponential moving averages. A position is opened when the HA direction and the fast/slow EMA crossover align. The approach attempts to catch emerging trends while smoothing noise.
- Entry Criteria:
- Long: HA bullish and EMAfast > EMAslow
- Short: HA bearish and EMAfast < EMAslow
- Long/Short: Both sides
- Exit Criteria: Opposite signal
- Stops: None
- Default Values:
- FastEmaPeriod = 1
- SlowEmaPeriod = 30
- Filters:
- Category: Trend following
- Direction: Both
- Indicators: Heikin Ashi, EMA
- Stops: No
- Complexity: Low
- Timeframe: Hourly
- Seasonality: No
- Neural networks: No
- Divergence: No
- Risk level: Medium