Heiken Ashi + ATR Strategy

Strategy: Heiken Ashi + Super Trend Reversal (STR) for TradingView
This strategy combines Heiken Ashi candles and the Super Trend Reversal (STR) indicator to detect trend shifts and generate buy/sell signals. It is designed to minimize noise, making it ideal for trend-following traders in Forex, Stocks, and Crypto.

Strategy Logic
🔹 Entry Condition (Buy)
A long position is opened when:

Heiken Ashi candle turns green (indicating bullish momentum).
Super Trend Reversal (STR) confirms a buy signal (price is above the STR support level).
🔻 Exit Condition (Sell)
The position closes when:

Heiken Ashi candle turns red (indicating bearish pressure).
Super Trend Reversal (STR) confirms a sell signal (price is below the STR resistance level).
Risk Management (Stop Loss & Take Profit)
This strategy uses ATR (Average True Range) for dynamic risk management:
✔ Stop Loss: 1.5 × ATR below entry price
✔ Take Profit: 3 × ATR above entry price

This ensures a risk-reward ratio of 1:2, maximizing profit potential.

Indicators Used
1️⃣ Heiken Ashi Candles → Smoothed price action for clearer trend detection.
2️⃣ Super Trend Reversal (STR) → A volatility-based trend-following indicator.
3️⃣ ATR (Average True Range) → Measures market volatility to adjust stop-loss and take-profit dynamically.

How to Use This Strategy in TradingView
Go to TradingView
Open the Pine Script Editor
Paste the Pine Script Code (provided earlier)
Run the strategy
Backtest it on different timeframes & markets
Best Timeframes & Markets
✅ Works best on trending markets (Forex, Crypto, Stocks).
✅ Recommended timeframes: 1H, 4H, Daily for optimal results.

Why This Strategy Works Well?
✔ Filters market noise using Heiken Ashi for smoother trends.
✔ Combines trend confirmation with STR for higher accuracy.
✔ Uses ATR-based stop-loss & take-profit for optimized risk management.
✔ Easy to use with visual Buy/Sell signals.

🚀 Try it on TradingView now and optimize it for your favorite asset! 🚀