2 H4 Bars Trading Strategy

Trading Systems Free Forex Trading Systems
1

Rules;
[B][U]Bullish Trade.[/U][/B]

  1. D1; Previous day is bearish

Drop to H4 Chart:
2. 2 bullish bars form on H4
3. The 2nd bullish H4 bar is the 1st White Heiken-Ashi bar

Drop to H1 chart

  1. Wait for the price to move above 50% Fib level of the previous H1 downward movement
  2. Consider Buying

[B][U]Sell Trade:[/U][/B]

  1. D1; Previous day is bullish

Drop to H4 Chart:
2. 2 bearish bars form on H4
3. The 2nd bearish H4 bar is the 1st Red Heiken-Ashi bar

Drop to H1 chart

  1. Wait for the price to move below 50% Fib level of the previous H1 upward movement
  2. Consider Selling

Trade Management:
SL= 60 Pips
TP= 230 Pips

NB; If you have any queries feel free to ask for assistance

2

Confirmed Trades; Short Gold, Oil

3

Can u explain or post the picture of White heiken-ashi bar or Red heiken-ashi bar?
Thank u for posting ur simple strategy…

4

Thanks for your share. in regard to the Trade Management part:
SL= 60 Pips
TP= 230 Pips

should we change the sl & tp values based on different pairs’ volatility?
and do we leave them there or should we move sl to be or something?

5

When you have two bullish basic bars, load Heiken Ashi, and you should only see one white bar and vice versa. What this means is that the 2nd bullish basic bar, translates to the 1st Heiken Ashi. Try see if you got it.

6

That is standard for all pairs. Like yesterday, Gold worked 230pips, Oil lost 60pips Net= 170pips,

7

Today trade;
EURCAD Long; trade triggered on easy paltform, 2 H4 bars formed yesterday 2000hr

entry price; 1.5484
SL; 1.5424
TP; 1.5714-1.5784 Zone