Maxpiper HA 蜡烛 (Maxpiper HA candles)

Hello fellow traders am starting a New thread to start trading with Heiken Ashi Candles, with Multi time frame confirmation.

Indicators

Heikenashi Multi time frame indicator (30,240,1440 min respectively)

Entry:

Enter long from 30 min chart when the completed candle turns blue, At this stage one has to confirm that a 4 hr (240 min) HA is blue and also Daily (1440 min) HA is blue, then we enter long. Multiple entries can be be made in 30 min time frames as long as the three HA's confluence.(each time color changes from red to blue for long, remember 4hr and day HA's should be blue)

Enter Short Exactly opposite, enter on color change to red.

TP and exit targets:

You can keep the targets to 50 pips and stop loss to 30 pips. Exit also takes place once the HA 4hr candle changes its colour it could further cut down your stop loss in some cases to even 20 pips if you are at the dying end of the trade!

Remember to Break even once the trade moves 25 pips in your favor!

Ideal Entry time:

It could be good if you get some confluence in three HA time-frames few hours before London Open as the target of 50 can be achieved with ease.

I will be posting Charts soon!