HA Reversal Strategy

Certainly! Here's a detailed **description (elaboration)** for the **"HA Candle Test"** (i.e., the Heikin Ashi strategy script I just gave you):

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### 📌 **Script Name**: HA Candle Test

### 📖 **Description**:

This script visualizes **Heikin Ashi candles** and identifies **trend reversal signals** using classic momentum candle behavior — particularly the appearance of **no-wick candles**, which are known to reflect strong directional pressure in Heikin Ashi charts.

It aims to **capture high-probability trend reversals** with minimal noise, relying on the natural smoothing behavior of Heikin Ashi candles.

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### ✅ **Buy Signal Conditions**:

* At least **two consecutive red Heikin Ashi candles** (indicating a short-term downtrend).
* Followed by a **green Heikin Ashi candle** that has **no lower wick** (i.e., open == low).
* This suggests that **buyers have taken full control**, with no push from sellers — a potential start of an uptrend.

📍 **Interpreted as**: “Market was selling off, but now buyers stepped in strongly — time to consider buying.”

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### ✅ **Sell Signal Conditions**:

* At least **two consecutive green Heikin Ashi candles** (short-term uptrend).
* Followed by a **red Heikin Ashi candle** that has **no upper wick** (i.e., open == high).
* This implies **sellers are dominating**, with no attempt from buyers to push higher — possible start of a downtrend.

📍 **Interpreted as**: “Market was rallying, but sellers just took over decisively — time to consider selling.”

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### 📊 **Visual Aids Included**:

* Plots **Heikin Ashi candles** on your main chart for clarity.
* Uses **Buy** and **Sell** label markers (green & red) at signal points.
* Compatible with any timeframe — higher timeframes typically yield stronger signals.

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### 💡 **Suggested Use**:

* Combine with **support/resistance**, **volume**, or **trend filters** for more robust setups.
* Works well on **1H, 4H, and Daily charts** in trending markets.
* Can be used manually or turned into an automated strategy for backtesting or alerts.

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Would you like this script packaged as a **strategy()** for backtesting, or would you like me to add **alerts** so you can get notified in real-time when signals appear?