Heiken Ashi Candles In Python For Trading Systems

Heiken Ashi candlesticks are popular candlestick in technical analysis. In this video, I will show you how to use Heiken Ashi candles for trading systems in Python. I also added 2 strategies as an example you might want to check and apply your own modifications. You can add technical indicators and any trading tricks to improve the trading system. Trading strategies are often challenging to code or to put in an algorithm, fully automated bot or so, and the challenge extends far beyond a simple indicator, in fact, trade management is as important if not more than the indicators. Good luck and trade safe!
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The python code can be downloaded from the links here:
drive.google.c...
drive.google.c...

[@zvi1988]

Hello , i think that your cosed is wrong and u should modify this part in your backtest . you are checking a logical wrong comdition self.data.Heiken_Open[-1]>=self.data.Heiken_Open[-1]): it should be : if len(self.trades) > 0: if (self.trades[-1].is_long and self.data.Heiken_Close[-1] < self.data.Heiken_Open[-1]): self.trades[-1].close() elif (self.trades[-1].is_short and self.data.Heiken_Close[-1] > self.data.Heiken_Open[-1]): self.trades[-1].close()

[@CodeTradingCafe]

Hi, you are actually right, all this time I haven't noticed, I need to revisit this and recheck the results! Thank you for the heads up.

[@ЭльмарИдрисов-г5э]

Hi. Great content as usual! A question: do you do all your analysis locally or do you use some cloud services (AWS/Azure/Herocu) ?

[@CodeTradingCafe]

Locally for the moment even for lstm a good pc can be enough

[@칠월이십삼일]

Hello, I majored in artificial intelligence and am interested in algorithm trading I'm getting a lot of inspiration from watching your video I am not good at English, but I think it is the most useful channel on KZbin related to btc strategy Thank You😊

[@CodeTradingCafe]

Thank you for your support, the best is to get experience also in trading first before building trading algos, it will be a challenging hobby ,🙂 good luck

[@print.youtube]

Are you from India?

[@arianjain]

pz renko setup

[@CodeTradingCafe]

it's possible but I don't see much potential.

[@Zenoandturtle]

Your presentations are among the best I had seen to date. Thanks for the amazing work.

[@CodeTradingCafe]

Wow, thank you for your support! Glad you like them.

[@kanaya1991]

hi bro! Could you try the harmonic trading strategy? (bat, butterfly, crab, gartley, etc) there is a youtube channel that left the project complete but without a complete backtest as you do. thanks for everything, greetings you a newbie to python!

[@CodeTradingCafe]

Hey, I will keep it in mind although I never believed in harmonics.. reminds of my first years in trading 🙂

[@richinvest9067]

Very good, include trailing Stoploss👌

[@CodeTradingCafe]

I had the time thought but the video was already longer than intended...

[@gvidalcantavella]

Lovely work! I wonder, maybe heiken ashi candle are better for setting support and resistance levels based on those values since they contain less noise right?

[@CodeTradingCafe]

Never thought about it, I could easily give it a try. Thank you for your support.

[@Dr.jayfrancis]

Way to go!! Congrats on 8k subs !!

[@CodeTradingCafe]

Thank you for your support 😊

[@Dr.jayfrancis]

@@CodeTradingCafe always! Such valuable content!

[@CodeTradingCafe]

@@Dr.jayfrancis stick around you might be rich one day 🙂

[@andstudio1517]

​@@CodeTradingCafe how can I contact u? Mail id ??

[@insertnamehere3022]

So you effectively need the data from the start of the asset's inception to get accurate heiken ashi values?

[@CodeTradingCafe]

Not even sure if it will ever be "accurate" the problem is that HA adds an abstraction level and it doesn't look useful just a different way of looking at the chart.

[@whereiam3804]

I want to make my strategy run on for multiple api s . If u can build a platform?

[@CodeTradingCafe]

Hi thank you, a platform is a bit too large of a project, it's better to choose one API at a time in python.

[@billcrocker1054]

See the QuantConnect platform.

[@CodeTradingCafe]

Thank you

[@kvekka9300]

I can do that for you, but a price

[@jiandepi]

hello,your presentations is wonderful,the Heiken Ashi candlesticks is very like the goNogo Trend indictor I learn recently,can you show me the goNogo Trend indictor how to python it?Thank you.

[@CodeTradingCafe]

Hi thank you, I could add to the list, but the list is long so if you are in a hurry it might be faster to code it on a side.

[@jiandepi]

I've already sent you an email. Thank you!@@CodeTradingCafe

[@TheEcherriman]

Can you please explain to a thickie how the high and low can be anything other than THE high or low ?

[@CodeTradingCafe]

Good question got me confused for a second, actually the heiken low and high are obtained from minimum and max values considering the current candle and the previous candle as well check how heiken open and close are obtained using previous candle data, so if the previous candle has higher or lower values then the current your current high and low are discarded. I hope this answer helps a bit.

[@al5ailalzahby816]

This has helped me a lot, thank you🏅🏅

[@CodeTradingCafe]

Thank you, it's good to know I think this that was least favorite video :)

[@musiclover1067]

Love your work! Please keep producing more!

[@CodeTradingCafe]

Thank you for your support! More is coming, hoping to explore more interesting ideas this summer.

[@musiclover1067]

@@CodeTradingCafe Will be looking out for more of your works!

[@redjonzani8610]

Hello i watched some of your videos and was astonished , is there a way i can send you an email or some contact to get some small advice and help from your side if you got some free time . Thank you

[@redjonzani8610]

@CodeTrading

[@CodeTradingCafe]

Hi thank you for your comment, I could eventually give an opinion but depending on how much time this requires, sorry about the time issue but work books most of my efforts.

[@CodeTradingCafe]

My contact is in the about page, codingntrading gmail com

[@Sniper_Entry]

Wat is setting for fast n slow ema

[@CodeTradingCafe]

Hi, I don't remember exactly something around 30 and 50 you can find the exact values in the code.

[@print.youtube]

Please please please make video on renko candlestick 🙏🏻

[@CodeTradingCafe]

It's not difficult but I am not sure it's worth it. Do you have any Renko strategy that works?

[@cathye.4999]

Excellent. Quick ?; the backtesting was with Backtest, how about with VectorBT?

[@CodeTradingCafe]

Hey, thank you, I tried VectorBT in the past for some reason I just kept using Backtesting, you are right maybe it's worth using 2 testing libraries for validation.

[@cathye.4999]

@@CodeTradingCafe thank you.

[@s.sasisekhar4608]

Very good

[@CodeTradingCafe]

Thank you for your support, I am glad you liked it!

[@s.sasisekhar4608]

@@CodeTradingCafe I am wondering how come KZbin never recommended me this channel from a long time. Your channel content is extremely useful, it's gold mine for learning. Can you recommend me some strategies that work like stop & reverse mechanism without using any indicator (pure price action) for short term trend catching

[@CodeTradingCafe]

@@s.sasisekhar4608 thank you for your comment, it's always nice to have encouragement. Price action is actually the best indicator statistically speaking, the engulfing pattern is the most rewarding so far provided you take support and resistance into account, then comes the trade management when do you exit a winning trade?

[@Cat-su7bm]

Usefull ^-^

[@CodeTradingCafe]

Thanks

[@andstudio1517]

Is there any way to contact u ?

[@CodeTradingCafe]

Hi my email is in the About page of this channel.

[@boamahmarcus4002]

I loved it bro

[@CodeTradingCafe]

Thank you, but HA didn't work well for me, trading wise.