Heiken Ashi with Trend CCI Strategy is one of the best Forex scalping strategies available at the financial market. Producing steady and winning Forex trading signals with the combination of some best Forex indicators is the main advantage of this highly rated Forex trading system.
Heiken Ashi with Trend CCI Strategy suits with all sort of currency pairs at Forex market but fits best with M5 and M15 timeframes only for Forex scalping solutions. For its reliable performance, any Forex scalper can be benefited from this tremendous Forex trading system.
Once you are done with the installation of Heiken Ashi with Trend CCI Strategy at your mt4 terminal, your trading chart should be appeared as follows:
Time Frame
Currency Pairs
Indicator Factors
Ratings
M5 to M15
Any
8
9.8/10
Heiken Ashi with Trend CCI Strategy Anatomy
3 EMA and 12 SMA: These moving averages produce crossover signals. 3 EMA moves over 12 SMA signals bullish crossover and if the opposite happens then it is interpreted as the bearish crossover.
30 MA Smoothed: It works as a trend decider. Price closes above its level signals the bullish trend and in below then considered as the bearish trend.
Exit 45: It helps you to exit your current opened positions. Whenever price crosses its level with the opposite direction of your entry, you should consider exiting your current entry positions.
Heiken Ashi: Traders consider it as the best Forex trend indicator. To represent the bullish trend it turns blue and for bearish trend it turns red.
FX Pivots: These levels are plotted as horizontal lines which work as current support and resistance levels. The levels are updated automatically on a daily basis.
Trend CCI: This oscillator validates the direction of current momentum. Its value is positive with a rising edge confirms the bullish momentum. On the other hand a negative value with a falling pattern validates the bearish momentum.
RSI-P: This is an updated version on most popular trend indicator Relative Strength Index. Its value above 50 level signals the bullish trend. A value below 50 indicates the bearish trend is still intact.
Heiken Ashi with Trend CCI Strategy: Buy Parameters
The signaling bar is plotted as a bullish candle and closes above the moving averages
3EMA and 12 SMA produces the bullish crossover
Heiken Ashi turns blue
Price is supported by current Fx Pivots level
Price level maintains its position above 30 MA Smoothed
Trend CCI value turns positive and RSI-P reaches above its 50 level
Set stop loss below the respective signaling bar’s low
Exit long whenever price bar closes below the Exit 45 or the MAs produces a bearish crossover
Heiken Ashi with Trend CCI Strategy: Sell Parameters
The signaling bar is plotted as a bearish candle and closes below the moving averages
3EMA and 12 SMA produces the bearish crossover
Heiken Ashi turns red
Price is resisted from current Fx Pivots level
Price level maintains its position below 30 MA Smoothed
Trend CCI value turns negative and RSI-P reaches below its 50 level
Set stop loss above the respective signaling bar’s high
Exit short whenever price bar closes above the Exit 45 or the MAs produces a bullish crossover
Share:
Arun Lama
I have been actively trading the financial markets since April 2012. Besides trading with my personal money I am a technical analyst in a mutual fund that has Rs. 1 billion in assets under management. At my leisure, I love attending live music, traveling, and partying with friends.
Risk Warning: Trading in the forex market is very risky. Thus, it is may not be for everyone. A highly leveraged position can work against the trader when the trade does not work as expected. Trading in the forex market can cause to lose a significant portion of the capital or all of the capital. It is crucial to learn about the trading and gain enough experience in the demo account before trading with real money. The trading strategies published on this website do not guarantee profit as the market is dynamic and unpredictable. The past performance of a strategy is not the indicative of future performance. Trend Following System will not accept any kind of liability or damage caused by trading the strategies published on this website.