40# 4TF-HAS with Pin Bar Detector
Price action with Pin Bar and Heiken Ashi
Submit by Maximo Trader 23/04/2015
4TF-HAS with Pin Bar Detector is a price action trend strategy based on Heiken Ashi smoothed and PIN BAR patter of price.
Time Frame is 15 min or higher.
Markets: Currency pairs, Indicies and Commodities.
Time of Next Bar
Magnified Market Price,
Position Size Calculator (optional),
Pin Bar Detector (arrow Buy and Sell),
MTF HAS Lower A ( 2, 6, 3, 2),
MTF HAS Lower B ( (2, 6, 3, 2),
Gann activator ( filter of the support: optional).
Trading Rules 4TF-HAS with Pin Bar Detector
the rules are very simple
Arrow Buy of PIN BAR detector confirmed by 3 or 4 squares blue of MTF HAS Lower A and B.
Arrow sell of PIN BAR detector confirmed by 3 or 4 squares red of MTF HAS Lower A and B.
Tips: Entry of the next signal only if the current trade is close.
For improved profitability to add gann activator ( 10 period).
Exit Position depends of the time frame and currency pairs examples:
EUR/USD 15 min time frame: profit target 10 pips initial stop loss 20 pips after 8 pips in gain move stop loss at the breakeven.
EUR/USD 30 min: PT 15, SL 25, breakeven 12 .
EUR/USD 60 min: PT 20, SL 30, breakeven 15,
EUR/USD 240 min: PT 30, SL 45, breakeven 20,
EUR/USD daily: PT 50, SL 70, breakeven 30 .
Option for Stop loss you can follow the indications of Position Size Calculator.
or EA in the folder for management the position.
In the pictures 4TF-HAS with Pin Bar Detector.