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The 80 Heiken MA RSI Forex Major Trend Trading System


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

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  • 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

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READ  Forex Multi RSI Trading System and Strategy

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