649# Power Price Action

Heiken Ashi Trading

Submit by Rimmel 11/08/2015


Power Price Action is a forex strategy trend following based on the Heiken Aschi indicators.

Time frame 15 min or higher.

Financial markets: Indicies, Comodities (agricole 4h time frame) and Forex.

Metatrader Indicators:

Fade Background,

Power price action (heiken ashi modified),

Power price action 2 (heiken aschi modified),

NS (trend scanner indicator).


Rules Price Action trading System


Buy

Square below the bar,

Heiken Aschi green below the bar.

Trend scanner blue bar.


Sell

Square above the bar,

Heiken Aschi green above the bar.

Trend scanner red bar.


Exit Position

Exit position when Trend Scanner changes direction.

Place initial stop loss above/below the previous swing.


You can use this strategy also for trading intraday with support and resistance tool:

Fibonacci levels or Pivot Points as point for exit position.


In the picture Power price action in action.

In the picture Power price action in action.
In the picture Power price action in action.
trend scanner update
trend scanner.rar
compressed file archive 1.0 KB
Power Price Action
Power Price Action is a forex strategy trend following based on the Heiken Aschi indicators.
Power price action.rar
compressed file archive 11.2 KB

Write a comment

Comments: 6
  • #1

    Harry (Wednesday, 12 August 2015 05:01)

    there is no trend scanner instead it is the indicator called NS and it is i think not working same way as shown in picture....

  • #2

    one (Wednesday, 12 August 2015 06:03)

    where is trend scan indicator

  • #3

    BitTiger (Wednesday, 12 August 2015 08:56)

    Always thx 4 ur gr8 works....!!!!

  • #4

    Florian (Wednesday, 12 August 2015 23:20)

    Hello,

    many thank´s for the suggestion, unfortunately I´m missing the trendscanner.
    NS is included but looks completly different to trendscanner.

  • #5

    ry (Thursday, 13 August 2015 13:53)

    still no trend scanner, just some haiken ashi in a seperate window... not the same

  • #6

    ray (Saturday, 15 August 2015 09:59)

    need the trend scanner man!!!!!