Simple strategy with pending orders Heiken Ashi+5
Heiken Ashi+5 strategy involves entering the market by pending ordersThe signals of only two indicators are used to set up the data.
Input parameters
- Currency pairs: any, the main ones are recommended
- Timeframe: H1-D1
- Bidding time: 24/7
- Type of strategy: indicator
Used indicators
- Heiken Ashi
- nonlagdot
The conditions for opening a buy position using the Heiken Ashi+5 strategy
- Heiken Ashi and nonlagdot indicators are colored blue
- After the close of the candle put a pending buy order at the level of high + 5 points
- Stop Loss set it to low
- If the color of at least one indicator changes after the second candle closes, the pending order must be closed and wait for the reappearance of the signal
- Take Profit is set equal to Stop Loss or twice as much, if the method of partial position fixing is used.
Conditions for opening a sell position using the Heiken Ashi+5 strategy
- Heiken Ashi and nonlagdot indicators are colored red
- After the close of the candle we place a pending sell order at the level of low - 5 pips
- Stop-loss is set at the level of high
- If the color of at least one indicator changes after the second candle closes, the pending order must be closed and wait for the reappearance of the signal
- Take Profit is set equal to stop-loss or twice as much if the method of partial position fixing is applied.
According to experts of ForTrader.org, the introduction of additional oscillator indicators in the Heiken Ashi+5 strategy will reduce the number of false signals and increase the efficiency of the system.
Download Heiken Ashi+5 Strategy Template and Indicators
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