High accuracy Forex Distance (Half -Length) Trading with Heiken Ashi Indicator. This “Forex Distance Half Length Trading” is a trading system based on two envelopes. This system is simple.
Trading NOTES
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- Use a demo account or a small live account first to practice this trading system
- Time Frame: M15 or higher
- Currency Pairs: GBPUSD, EURUSD, USDJPY, and all major pairs
MetaTrader Trading Indicators
- Forex Distance ( half-length 35, 0, 0, deviation 0.35)
- Forex Distance ( half-length 35, 0, 0, deviation 0.15)
- Forex Trade (period 9 , factor 1 0,33- factor 2 0,66)
- Heiken Ashi
- Line Ask Bid
- Spread Time
BUY Rules
- When the price has broken the lower band wait that the green line of the forex trade indicator is above the blue line.
- Heiken Ashi blue candles
SELL Rules
- When the price has broken the upper band wait that the green line of the forex trade indicator is below the blue line.
- Heiken Ashi yellow candles
Trading NOTES
- Exit position is discretionary but is recommend ratio 1.2 stop loss
- Place the initial stop loss on the previous swing High/Low
- Heiken Ashi indicator is optional