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NinjaCator Strategy

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This strategy is based on Heiken Ashi Price bars that have flipped on the Parabolic SAR. It is intended for backtesting purposes only and not offered as a trading system. The entry points are based on standard candle price entry values and not those offered by the HA candles.

It will show a BUY/SELL Alert for the First Flat Bottom/Top HK candle that has flipped on the PSAR.

Bollinger Bands have been added to enhance the potential Alerts when the price reaches extremes.

It is designed to provide a visual demonstration that selected indicators have met certain criteria and is NOT meant to be a trading system or offer trading advice. The indicator offers alert possibilities when the above criteria are met.

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