ArrZZX2 Heiken Ashi Channel Trading System is a “trend following” trading strategy based on the Zig Zag support and resistance indicator and CCI Woodies.
- Time Frame: M15 or higher
- Currency Pairs: any
MetaTrader Trading Indicators
- Moving Average
- Super Signals Channel
- Heiken Ashi
- ArrZZx2
- CCI Woodies
- Pj-over RSI
BUY Rules
- CCI Woodie > 30 level
- Pj-over RSI white color
- Heiken Ashi candles white color and above the Moving Average
- ArrZZx2 white color
SELL Rules
- CCI Woodie < -30 level
- Pj-over RSI red color
- Heiken Ashi candles red color and below the Moving Average
- ArrZZx2 red color
Trading NOTES
- Place stop loss on the previous swing
- Risk Reward Ratio 1:2 or 1:3
- Use a demo account or a small live account first to practice this trading system