A simple but working strategy
The trading strategy uses only two custom indicators on high timeframes (H1, H4, Daily): Heiken Ashi and nonlagdot. You can work with different currency pairs, but the author recommends the basic ones. To start working, we just need to install the indicators on the chart - the settings are standard.
Rules for opening a buy deal
When the Heiken Ashi (the default color is white for buying, for convenience we change it to blue) and nonlagdot are colored in blue, we wait for the close of the candle. After the candle is closed, put the pending order on its maximum (you can take +5 points as a filter). Stop-loss is set at the minimum of the candle.
If after the second candle one of the indicators has changed color, then close the pending order and wait for another signal.
Profit can be put according to the two options:
Take Profit = Stop Loss.
2. Take Profit = Stop Loss * 2, with the first half of the trade closing at halfway, and the second half at Take Profit.
To reduce the risks, carry over stop loss to the breakeven point, when the price goes completely to the plus side and does not even touch our entry point with its shadow.
The sell signal is reversed: both indicators are colored red.