This is a high accuracy trend following forex strategy “Forex Multi-Period Stochastic Trading with Heiken Ashi Smoothed Alert Indicator” for intraday and swing trading.
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: Any
MetaTrader Trading Indicators
- Multiperiod Stochastic
- Heiken Asci Smoothed Alert
- Silver Trend
- CCI
- Digi Stoch
BUY Rules
- Heiken Asci Smoothed alert blue
- Multi-period Stochastic 30 min (current TF) Crosses up Multi-period Stochastic 240 min
- CCI line above 50 level
- Silver Trend blue color
- Digi Stoch signal lime color
SELL Rules
- Heiken Asci Smoothed alert red
- Multi-period Stochastic 30 min (current TF) Crosses Down Multi-period Stochastic 240 min
- CCI line below -50 level
- Silver Trend red color
- Digi Stoch signal red color
Trading NOTES
- Place stop loss above the previous swing high or below the previous swing low
- Profit Target predetermined depends on currency pairs
- Risk Reward Ratio 1:2 or 1:3