Hello…very simple and profitable system, using the standard Heiken ashi that comes with your MT4.
set a 50 ema…trade in the direction of the EMA…wait for the candles to go in the opposite direction and then change again…see attachment for clarification. PS. use on 30M chart…although it could possible work on other TF.
Hi pippuller,
Thanks for sharing your trading method. I like it…smart and simple. How profitable has your trading been? What are your favorite pairs to trade this method? How long have you been trading this setup? :59:
Hi Bobkat,
I recently discovered this method…I am assuming it should work well on all pairs…TA is TA
I did 4 trades and 3 out of 4 gained about 30 pips…and the loser was about 25 pips…hope this track record keeps up…I would like to program an alert so I won’t have to check the charts every 30 minutes. I think it would be relatively simple to do…but i’m not a programmer.
Looks like the same signals as my Mad Scalper method.
petefader…how does your Mad Scalper method work?