Heikin Ashi can be useful for understanding trend based on price action but it doesn't take volume in context. Here I have tried to use volume for understanding true bar color and ultimately true trend analysis. It can also help you in not getting trapped in sudden shakeouts. Also, you can use it for averaging of your existing position.
Conditions used:
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This strategy is only applicable for daily timeframe only. EMAs have been smoothened out to make sure to include volatility glitches that may occur. I have used following conditions:
>EMA crossover of two frames already occurred
> Significant volume in the candle
> Candles are properly bullish or bearish not doji
> price is near EMA crossover
> trading...
