Trades in the direction of the major trend – This “Forex 80 Heiken MA RSI Trading System” is a trend momentum strategy by which a trader trades in the direction of the major trend of the market.
Trading NOTES
- DOWNLOAD these NON-REPAINT Tools For Making The Perfect Trade Entry (the best trading tools all traders MUST HAVE)
- Use a demo account or a small live account first to practice this trading system
- Time Frame: H1 or higher
- Currency Pairs: GBPUSD, EURUSD, USDJPY, GBPJPY, AUDUSD, and USDCAD
MetaTrader Trading Indicator
- HMA V2The 80’s HEIKEN 1 Hour
- MA RSI
- Williams’ Percent Range
BUY Rules
- HMA V2The 80’s HEIKEN 1 Hour: White line
- MA RSI: White bars
- Williams’ Percent Range: Upward and above level 50
SELL Rules
- HMA V2The 80’s HEIKEN 1 Hour: Red color line
- MA RSI: Red bars
- Williams’ Percent Range: Downward and below level 50
Trading NOTES
- The initial stop loss above the previous swing high or below the previous swing low
- Exit when The 80’s Heiken change color or with predetermined Risk Reward Ratio 1:3