Trending trading strategy on Heiken Ashi for AUDUSD, EURUSD

Another easy one indicator trading strategy in front of you. It is trend-oriented, so there are restrictions on the currency pairs used and the time of work on them. The strategy is intuitive and quite easy to use. It is also possible to automate its basic rules to check the effectiveness of the TS and profitably adjust the parameters to work on other pairs.

Trading strategy settings

Timeframe: М30
Currency pairs: EURUSD and AUDUSD
Operating time: 11:00-19:00 Moscow time (European and beginning of American sessions)
IndicatorsHeiken Ashi and Trend

Rules of work on trend trading strategy

In trading this strategy, we rely only on indicator readings and the time of operation, so the rules for opening a trade will be as simple as possible. It is important to note that the time calculation is not particularly strict, it is only important that trades are opened during active trading hours. You can independently adjust this setting based on the news chart, for example.

A buy deal is opened when:

1. the Trend indicator is colored black.
2. After a few black Heiken Ashi candlesticks, at least 1-2 red candlesticks of the pullback are formed, after which black candlesticks reappear. After closing the first black candle, open a buy trade.
3. The bidding time shall be close to that specified in the settings.

An example of a buy signal
An example of a buy signal

Stop Loss is set at the level of the nearest minimum. Take profit twice the stop loss. It is also possible to use Tralling Stop into a stop-loss markup.

Important understand that if the stop-loss is too far away from the opening of a trade, it is better to ignore the signal, as the movement may not be enough to make a profit. To automate the process, ForTrader.org experts suggest a stop loss value of no more than 30-40 pips.

When a return signal occursand close the deal.

A sell transaction is opened and followed in the same way:

1. the Trend indicator is colored red.
2. After a few red Heiken Ashi candles, at least 1-2 red candles of a pullback are formed, after which red candles reappear. After closing the first red candle, open a sell trade.
3. The bidding time shall be close to that specified in the settings.

Example of a sell signal
Example of a sell signal

Trading strategy template and indicators

One Comment

  1. Спасибо за стратегию. Но в описании есть ошибка. «…сделка на продажу: 2. После нескольких красных свечей Heiken Ashi формируется не менее 1-2 красных (может, черных?) свечей отката, после чего вновь появляются красные свечи.

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