Heiken Ashi Trading System

Heiken Ashi trading system is a trend following strategy. The purpose of this strategy is find the trend with Heiken Ashi candle exponential moving averages and MACD.
Time Frame 30 min or higher.
Currency pairs: EUR/USD, GBP/USD, USD/JPY, GBP/JPY, USD/CAD, AUD/USD, NZD/USD, AUD/JPY, USD/CHF.
Forex Indicators
Heiken Ashi ( optional Heiken Ashi Smoothed)
Exponential Moving Average 5 period, close, shift 1.
Exponential Moving Average 15 period, close, shift 1.
MACD 12, 26, 9.

Trading rules Heiken Ashi Trading System
Buy
Heiken Ashi above EMA 5 and EMA 15.
EMA 5 > EMA15.
MACD Histogram above zero line.
Exit when Heiken Ashi red candle close below EMA 15.
Place initial stop loss below the previous swing low.

Sell
Heiken Ashi below EMA 5 and EMA 15.
EMA 5 < EMA15.
MACD Histogram below zero line.
Exit when Heiken Ashi white candle close above EMA 15.
Place initial stop loss below the previous swing high.
In the charts below trading examples.
Heiken Ashi Trading System

Heiken Ashi Trading System

Heiken Ashi Trading System

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