Heiken Ashi Forex Scalping Strategy

0
570

Heiken Ashi Forex Scalping Strategy

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.

Metatrader Indicators:

  • 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

Long Entry:

  • 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.

Short Entry:

  • 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.

Exit position:

  • 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.

Recommended MT4 Broker

  • Free $50 To Start Trading Instantly! (Withdrawable Profit)
  • Deposit Bonus up to $5,000
  • Unlimited Loyalty Program
  • Award Winning Forex Broker
  • Additional Exclusive Bonuses Throughout The Year

Recommended broker

>> Claim Your $50 Bonus Here <<

Click here below to download:

Save

Save



Get Download Access

LEAVE A REPLY

Please enter your comment!
Please enter your name here