▶️ This Forex Trading Strategy is based on the following indicators:
Main indicator Heiken Ashi
Indicators used: Advanced_ADX, VininI_HMA_sound_Alert.
▶️ The BUY position is opened when the second candlestick is closed. Heiken Ashi indicator colored two candles blue, VininI_HMA line colored blue, Advanced_ADX indicator colored blue. If only the second Heiken Ashi candlestick is colored, we are waiting for confirmation by other indicators. The position is opened only when all three conditions are met. The SELL position is opened when the second candle is closed. Heiken Ashi indicator colored two candles red, VininI_HMA line colored red, Advanced_ADX indicator colored red. When the opposite signal appears, it is necessary for the previous one to automatically close and a new one to open.
▶️ Trading is possible either only LONG or only SHORT or in both directions.
▶️ We recommend using this strategy for trading on the following currency pairs:
EURUSD, Timeframe: H1.
The video below shows the results of a backtest of an Expert Advisor based on the strategy described above. The test result is very optimistic.
The indicators that we used to build our forex trading strategy can be downloaded below.Download FREE Now!