540# Easy Pips Machine

Heiken Ashi Smoothed

Trading with heiken ashi filtered

Submit by Marian 16/08/2016

 

Easy pips machine is a simple trading system based on heiken ashi smoothed filtered.

Take advantage of the smoothed Heiken Ashi candlestick with this simple

versatile trading strategy. It can be used for all trading styles including scalping

and day trading.

Chart Setup

Indicators: Heiken_Ashi_Smoothed,

3 SMA : 30 MA, 50 MA, 100 MA

Preferred time frame(s): Any

Trading sessions: Any ( Euro and US Session for scalping)

 

Preferred Currency pairs: Any

Trading Rules

Buy Rules:

Criteria #1: Heiken Ashi candlestick has to close above the 100 period SMA

Criteria #2: Heiken Ashi candlestick must be green

This is your buy entry.

Stop-loss method:

1) Place stop below the previous swing low.

2) Close the trade when opposite signal (sell) is triggered.

Price Objectives (partial profit taking):

Book 50% profits at 1:1 risk-to-reward. Book 50% profits at 1:3 (use trailing

stop).

 

Sell Rules:

Criteria #1: Heiken Ashi candlestick has to close below the 100 period SMA

Criteria #2: Heiken Ashi candlestick must be red

This is your sell entry.

Stop-loss method:

1) Place stop above the previous swing high.

2) Close the trade when opposite signal (sell) is triggered.

Targets: See buy trading rules.

 

 

Apply this template at the trending market.

In the pictures Easy Pips Machine in action.

Easy Pips Machine
Easy Pips Machine
Easy Pips Machine
Easy Pips Machine
Easy Pips Machine.rar
compressed file archive 13.9 KB

Write a comment

Comments: 1
  • #1

    Femi (Thursday, 22 September 2016 00:33)

    Looks great. Thanks