Home | Trading Alchemy Manual | Alchemy Functions IndexAlchemyHeikinAshiExit (Function)AlchemyHeikinAshiExit returns the exit signals of our AlchemyHeikinAshiExit strategy. The function returns 1 when the AlchemyHeikinAshiExit strategy generates an exit short signal and the function returns -1 when the AlchemyHeikinAshiExit strategy generates an exit long signal. Otherwise, the function returns 0.
AlchemyHeikinAshiExit(OppositeExit,Length,MinConsecutiveBars)
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Input Name | Input Type | Input Description |
OppositeExit | numeric | With a setting of 0, the strategy exits in the direction of the Heikin-Ashi trend and with a setting of 1, the strategy exits in the opposite direction of the Heikin-Ashi trend. |
Length | numeric | Specifies the look back length for using an average of the past number of bars, whereas a setting of -1 uses the standard and conventional method of calculating the Heikin-Ashi candle. |
MinConsecutiveBars | numeric | Specifies the minimum required number of consecutive trend bars, before positions are exited. |
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