hi everyone, here is a system that i have been playing around with for a couple months. Very simple and very profitable.
it only requires 2 indicators and 2 timeframes to trade. (can use 3 timeframes if unsure of signal)
ha candles and htid indicator. That is all.
Htid is in exe so i do not know how it is calculated.
Time frame for trend is: 30 minute chart
timeframe for trade entry is: 5 minute chart
rules for entry:
Long trade : 30 minute chart identify trend
ha candles are blue and htid is blue, drop down to 5 minute chart.
Enter trade at the close of the 5 minute candle if both the ha candle and htid bars are blue.
If not, wait for condition to be met then enter the trade.
Opposite for short trade.
I use stoplosses of largest swing low or high on 5 minute chart that is over 15 pips minimum. Most times it is 20 or better.
Works very good at session opens.
Do not ask me for stats or records!!!! Trade it yourself for a week and you will see how good it is.
Stick to the rules and don't add indicators. It is plenty good as it is.
I will reserve the first few posts for examples so do not post yet.
it only requires 2 indicators and 2 timeframes to trade. (can use 3 timeframes if unsure of signal)
ha candles and htid indicator. That is all.
Htid is in exe so i do not know how it is calculated.
Time frame for trend is: 30 minute chart
timeframe for trade entry is: 5 minute chart
rules for entry:
Long trade : 30 minute chart identify trend
ha candles are blue and htid is blue, drop down to 5 minute chart.
Enter trade at the close of the 5 minute candle if both the ha candle and htid bars are blue.
If not, wait for condition to be met then enter the trade.
Opposite for short trade.
I use stoplosses of largest swing low or high on 5 minute chart that is over 15 pips minimum. Most times it is 20 or better.
Works very good at session opens.
Do not ask me for stats or records!!!! Trade it yourself for a week and you will see how good it is.
Stick to the rules and don't add indicators. It is plenty good as it is.
I will reserve the first few posts for examples so do not post yet.
Attached File(s)
Heiken Ashi.mq4
4 KB
|
3,140 downloads
HTID.ex4
3 KB
|
4,411 downloads
ha htid.tpl
3 KB
|
2,803 downloads
BarTimer.mq4
3 KB
|
2,791 downloads
Magnified Market Price.mq4
1 KB
|
2,287 downloads
MY GRID. Markets are NOT random.