All valuable pieces of information!
Since no one has made a case that the correlation of the 3 indicators pose a significant risk by repainting we can look at the body of the trade?
Any trade should initiate at candle open based on condition of the previous candle closed?
For a LONG position, ( Assume the opposite for SHORT)
1. We check the CCI above +100 to validate buying pressure
2. We Check the AO to be a LONG candle? Any particular bias on this? Should it be above the 0 line? Or any time. Chart history looks like it may not make a difference? But longest price movement seem to take place when started below the zero line.
3. Heiken Ashi indicator in long to confirm short term trend
This may sound over simplistic, but we are looking for more wins than losses and more pips gained on the winning trades than lost on the losing trades for a defined period.
Since no one has made a case that the correlation of the 3 indicators pose a significant risk by repainting we can look at the body of the trade?
Any trade should initiate at candle open based on condition of the previous candle closed?
For a LONG position, ( Assume the opposite for SHORT)
1. We check the CCI above +100 to validate buying pressure
2. We Check the AO to be a LONG candle? Any particular bias on this? Should it be above the 0 line? Or any time. Chart history looks like it may not make a difference? But longest price movement seem to take place when started below the zero line.
3. Heiken Ashi indicator in long to confirm short term trend
This may sound over simplistic, but we are looking for more wins than losses and more pips gained on the winning trades than lost on the losing trades for a defined period.