Heiken Ashi Multi-time frame method

1. Trend direction

Start by looking at the daily chart to see if there is a clear upward or downward trend, ignoring volatile currency pairs.

2. Trading signals

1. Looking for signals on the 30-minute chart
2. Only consider the direction of the trending daily chart , i.e. if EUR/USD is clearly bearish on the daily chart, only enter short trades on the 30 minute timeframe
3. Only trade on bounces from key support/resistance levels and/or round numbers. 1.27 00 or 1.38 00
4. Optional - look for 1-2-3 pattern

3. Trigger

Enter a 5-minute time range.

Stop Loss : Above round number/resistance if going short on the 30 minute time frame, below round number/support if going long.