Heikin Ashi Reversal Setup with EMA, PDH and PDL RSP VF

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About

This indicator identifies potential reversal zones using Heiken Ashi candles.
It highlights bearish Heiken Ashi candles that meet strict structural conditions and have a controlled stop-loss size. The goal is to help traders focus only on high-quality, low-risk setups.

How to Use

Apply the indicator on options charts
Use signals as potential setup candles
Entry can be planned only if price breaks the high of the signal candle
The low of the signal candle can be used as a reference stop loss
Best used on 15-minute timeframe

Limitations

This indicator does not provide buy/sell orders
Signals should be used only in conjunction with:
- Support & resistance
- Market structure
- Trend context
Works best in trending or expanding markets
Not suitable for sideways or low-volatility conditions

Note

The indicator can be used with Nifty, Sensex and Bank Nifty in 15 mins or high timeframe.

면책사항

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