New edge proposed: heikin_ashi_trend_smoothing_filter — E8 Intelligence Research

{ "name": "heikin_ashi_trend_smoothing_filter", "source": "Dan Valcu / Heikin-Ashi candlestick literature (e.g., 'Heikin-Ashi: How to Trade Without Indicators')", "type": "filter_flag", "rule": "Only allow long entries when the current Heikin-Ashi close is above the Heikin-Ashi open AND the previous Heikin-Ashi candle had no lower shadow (low equals min of open/close) OR the current Heikin-Ashi body is green and larger than the prior body; for shorts invert all conditions.", "pseudocode": "for each bar: ha_close = (open+high+low+close)/4; ha_open = prev_ha_open==0 ? (prev_open+prev_close)/2 : (prev_ha_open+prev_ha_close)/2; ha_high = max(high, ha_open, ha_close); ha_low = min(low, ha_open, ha_close); bullish = (ha_close > ha_open) and (prev_ha_low == prev_ha_open or prev_ha_low == prev_ha_close) or (body_now > body_prev and ha_close>ha_open); bearish = (ha_close < ha_open) and (prev_ha_high == prev_ha_open or prev_ha_high == prev_ha_close) or (abs(body_now) > abs(body_prev) and ha Author: Andrew Stewart Caldin, Independent Researcher, UK. Part of the E8 Intelligence Research series. Platform: e8intelligence.com