Heiken Ashi Forex Scalping Strategy
Table of Contents
This is a scalping system that follows the trend. It uses the heiken ashi indicator. Trend magic indicator is also used in this system. This strategy is for a 5-minute and 15-minute timeframe and works on EURUSD and GBPUSD pairs.
- Heiken Ashi
- Trend Magic indicator
- Heiken Ashi histogram (AV period 6)
- Heiken Ashi separated window(21, 50, 1,1,)
- ATM RSI Histo (9)
- Pivot Points level
- The line of the Trend Magic indicator is blue.
- Dodge blue bar must be seen on the Heiken Ashi histogram.
- Heiken Ashi is color white.
- Heiken Ashi separated window has green bars.
- The line of the Trend Magic indicator is red.
- Dodge red bars must be seen on the Heiken Ashi histogram.
- Heiken Ashi is color red.
- Heiken Ashi separated window has red bars.
- Quick take profit at 6-10 pips in a 5-minute timeframe and 8-14 pips in a 15-minute timeframe.
- Trailing stops at 10 pips after 10 pips gain.
- Pivot points
- Initial stop loss 15 pips 5 min time frame and 20 pips 15 min time frame.
Forex Trading Strategies Installation Instructions
Heiken Ashi Forex Scalping Strategy is a combination of Metatrader 4 (MT4) indicator(s) and template.
The essence of this forex strategy is to transform the accumulated history data and trading signals.
Heiken Ashi Forex Scalping Strategy provides an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust this strategy accordingly.
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How to install Heiken Ashi Forex Scalping Strategy?
- Download Heiken Ashi Forex Scalping 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
- Right click on your trading chart and hover on “Template”
- Move right to select Heiken Ashi Forex Scalping Strategy
- You will see Heiken Ashi Forex Scalping Strategy is available on your Chart
*Note: Not all forex strategies come with mq4/ex4 files. Some templates are already integrated with the MT4 Indicators from the MetaTrader Platform.
Click here below to download: