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Heiken Ashi EMA Channel Trading System with Custom MACD Filter


Forex Color Heiken Ashi MA Channel Trading System and Strategy – The Heiken Ashi and EMA Channel keeps you on the right side of the market and is color coded for easy identification.  The Custom MACD used to verify the trend and ENTRY, as well as being helpful in determining the EXIT.

  • Time Frame: M30 or higher
  • Currency Pairs: GBPUSD, EURUSD, USDJPY, and GBPJPY

 

MetaTrader Trading Indicators
  • Color MA
  • Bid-Ask
  • Moving Average
  • Heiken Ashi Smoothed
  • MACD with EMA

 

How to install “Heiken Ashi EMA Channel System

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

 

BUY Rules

Trading NOTES

DOWNLOAD INDICATOR


  • Color MA (Channel): Green lines
  • Moving Average: 5 MA > 10 MA
  • Heiken Ashi Smoothed: Green candle
  • MACD with EMA: Bullish
    • The histogram above level 0
    • The black line > the red line

 

SELL Rules

  • Color MA (Channel): Maroon lines
  • Moving Average: 5 MA < 10 MA
  • Heiken Ashi Smoothed: Red candle
  • MACD with EMA: Bearish
    • The histogram below level 0
    • The black line < the red line

 

Trading NOTES
  • Put the initial stop loss above or below the previous candle
  • Best Risk Reward Ratio 1:2 or 1:2
  • Use a demo account or a small live account first to practice this trading system

DOWNLOAD TRADING SYSTEM


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