Heiken Ashi SSAep

This is a Heiken Ashi SSA ep. This is a mod of the Smoothed version of Heiken Ashi, however instead of using moving average for the smoothing we use End - pointed Singular Spectrum Analysis (SSA ep).

Basically we do Singular Spectrum Analysis  with the High, Low, Open and Close.

Maybe you would like the result.

you can play with those parameters:

SSA lag: how many bars to use to compute the SSA window

SSA number of computations: This is the number of computations of the SSA

Number of bars ans first bars are used if you want to calculate the Heikin Ashi SSA for more history the default is 300

Trading Strategy


There is not a particular suggestion of a trading strategy, you can use it as an alternative for your own Heiken  strategies, as Heiken Ashi is a very popular tool for technical analysis. You can pick what manual strategy you have in your toolbox and replace the Smoothed Heikin Ashi with this one.

On the shot you can see the indicator plotted on the daily chart on the pair EUR/USD, well even if you do not have any particular strategy it may tell you what currency to hold in your bank account. I mean that even if you are not a trader the currencies fluctuations affect your bank account.  I think for this this may be a very usefull tool, you can use even the weekly bars.

The download link is here. There is a button on the right side of the page, just in case ;).