This strategy price action trend strategy based on Heiken Ashi smoothed and PIN BAR patter of price. This works on a 15 minute timeframe or higher. Applicable to all currency pairs. It can also be used in indicis and commodities.
Time of Next Bar
Magnified Market Price,
Position Size Calculator (optional),
Pin Bar Detector (arrow Buy and Sell),
MTF HAS Lower A ( 2, 6, 3, 2),
MTF HAS Lower B ( (2, 6, 3, 2),
Gann activator ( filter of the support: optional).
Arrow Buy of PIN BAR detector confirmed by 3 or 4 squares blue of MTF HAS Lower A and B.
Arrow sell of PIN BAR detector confirmed by 3 or 4 squares red of MTF HAS Lower A and B.
NOTE:Entry of the next signal only if the current trade is close.
For improved profitability to add gann activator ( 10 period).
You can exit the position depending on the time frame and cureency pairs you use.
These are the examples:
EUR/USD 15 min time frame: profit target 10 pips initial stop loss 20 pips after 8 pips in gain move stop loss at the breakeven.
EUR/USD 30 min: PT 15, SL 25, breakeven 12 .
EUR/USD 60 min: PT 20, SL 30, breakeven 15,
EUR/USD 240 min: PT 30, SL 45, breakeven 20,
EUR/USD daily: PT 50, SL 70, breakeven 30 .
Option for Stop loss you can follow the indications of Position Size Calculator.
or EA in the folder for management the position.
How to install 4TF-HAS Forex Chart Patterns Strategy?