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200-EMA HEIKEN ASHI Price Action Trading Strategy


The Heiken Ashi Smoothed Indicator is really an indicator designed as a stand-alone trading system but in order to improve the performance of the indicator we’re going to add the 200-day Moving Average because the 200 EMA is considered to represent one of the most trusted moving averages.

Going forward, we’re going to lay down an effective Price Action trading strategy using the Heiken Ashi Smoothed indicator in combination with the 200-period EMA.

How to install “200-period EMA Heiken Ashi System
  • Download “TraderVersity-200EMAHeikenAshi” (Zip/RAR File).
  • Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
  • Copy the “TraderVersity-200EMAHeikenAshi.tpl” file (template) to your Metatrader Directory …/templates /
  • Start or restart your Metatrader Client.
  • Select Chart and Timeframe where you want to test your forex system.
  • Right-click on your trading chart and hover on “Template”.
  • Move right to select “TraderVersity-200EMAHeikenAshi” trading system and strategy.
  • You will see “TraderVersity-200EMAHeikenAshi” is available on your Chart.

 

BUY Rules
  • Rule number 1: 20-period Smoothed Heiken Ashi crosses the 200 Exponential Moving Averages to the upside.
  • Rule number 2: Wait for price to rally back to the 20-period Smoothed Heiken Ashi.
  • Rule number 3: Wait for an obvious price action confirmation BUY signal or setup to form in the market.

 

SELL Rules


  • Rule number 1: 20-period Smoothed Heiken Ashi crosses the 200 Exponential Moving Averages to the downside.
  • Rule number 2: Wait for price to rally back to the 20-period Smoothed Heiken Ashi.
  • Rule number 3: Wait for an obvious price action confirmation SELL signal or setup to form in the market.

 

Trading NOTE

Technically speaking, you can use this indicator for all time frames. However, the shorter the time frame, you will see more fluctuation and possibly more whipsaw which may cause small losses that can eat up your portfolio quickly. We recommend that you use higher time frames like the 4H for better consistency.

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Best CCI Scalping & Day Trading Strategy – Using the CCI as a trend indicator is ideal when combined with other trend indicators such as moving averages. This can help you to pick bottoms in a rally or tops in a decline. In other words, using the CCI as a trend indicator, you can time your entries within a trend.

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