Forex Heiken Ashi Smoothed Trading Strategy
Forex Heiken Ashi Smoothed Trading Strategy:
Heiken Ashi Smoothed and BBSqueeze trading system is an forex strategy, trend following that you can use for intraday trading or for swing trading.
Intraday Trading Time Frame 30 min
Swing Trading Time Frame 60 min and 4H or daily.
Currency pairs: Majors and Indicies.
Metatrader Indicators
Exponential moving average smoothed 6 periods.
Exponential moving average 21 periods.
Skedon Trend (Heiken Ashi smoothed with Arrows),
Bbsqueeze with RSX (14).
SDX TZ Pivots ( only Time Frame 30 min and 60 min).
Rules for Heiken Ashi Smoothed and Bbsqueeze Trading
Trade only in the direction of the trend.
Long Entry
Buy Arrows blue confirmed by:
Bband squeeze green dot,
EMA 6 > EMA 21
RSX green line.
Short Entry
Sell Arrows red confirmed by:
Bband squeeze green dot,
EMA 7 < EMA 21
RSX Pink line.
Exit Position
At the opposite arrow.
Initial Stop loss 30 min and 60 min Time Frame 16-24 pips depends by currency pairs.
Profit Target on the pivots leves or ratio 1.2 stop loss.
240 min time frame stop loss on the previous swing and profit target ratio 1.3 stop loss.
In forex a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity.
For every trading strategy one needs to define assets to trade, entry/exit points and money management rules.
How to install Forex Heiken Ashi Smoothed Trading Strategy?
- Download Forex Heiken Ashi Smoothed Trading Strategy.zip
- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex strategy
- Load indicator on your chart
How to uninstall Forex Heiken Ashi Smoothed Trading Strategy?
To shut down an indicator, one has to remove it from the chart. At that, its drawing and recalculation of its values will stop. To remove an indicator from the chart, one has to execute its context menu commands of “Delete Indicator” or “Delete Indicator Window”, or the chart context menu command of “Indicators List – Delete”.
