Forex Stochastic RSI Heiken Aschi Binary Options Strategy
Forex Stochastic RSI Heiken Aschi Binary Options Strategy:
Stochastic RSI with Heiken Aschi Strategy is a trading system trend-momentum for intraday and swing trading, but this method is also suitable for trading with Binary Options high/low.
Currency pairs: eur/usd, Gbp/Usd, Chf/Usd, Usd/Cad, Aud/Usd, Us/Jpy, Eur/Jpy, Nzd/Usd, Eur/Gbp, Eur/Aud, Aud/Cad.
Time Frame 5 min or higher.
Expiry time 2 candles.
Indicators setting:
Bollinger Bands (20, 2.0),
Exponential moving average 8 period close.
Stochasti RSI oscillator 14 period.
Stochastic RSI with Heiken Aschi Strategy trading rules
Buy
We are waiting for the Heineken Ashi candle to close above the EMA,
Stochastic is bove line of RSI.
Stop loss on 5 pips or more below the entry bar depends by time frame.
Profit ratio stop loss 1:1.
Sell
We are waiting for the Heineken Ashi candle to close below the EMA,
Stochastic is below line of RSI.
Stop loss on 5 pips or more above the entry bar depends by time frame.
Profit ratio stop loss 1:1.
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 Stochastic RSI Heiken Aschi Binary Options Strategy?
- Download Forex Stochastic RSI Heiken Aschi Binary Options 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 Stochastic RSI Heiken Aschi Binary Options 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”.
