Daily Heikin Ashi Chart with Volatility Stops Shows Down Trend

The daily chart using Heikin Ashi candles with volatility stops indicates that the trend changed to a downtrend last Thursday. A reasonable move back up would stop out these trending chart indicators, but they can be useful for longer-term trades. For instance, as you can see in the chart, had you traded off of these alone, you would have gone long on March 25th until last Thursday.