Maxpiper HA candles - MT4/MT5 resources
Hi all, traders are starting a new thread to start trading with Heiken Ashi candles with multi-timeframe confirmations.
index
Heikenashi Multiple Time Frame Indicator (30, 240, 1440 minutes respectively)
entry:
Enter longs from the 30 minute chart when the completed candle turns blue, at this stage it is necessary to confirm that the 4 hour (240 minutes) HA is blue and the daily (1440 minutes) HA is blue before we enter longs. As long as the three HAs converge, multiple inputs can be made within 30 minutes. (Every time the color changes from red to blue for a long time, remember HA for 4 hours and a day should be blue)
Enter Short to do the exact opposite, enter when the color changes to red.
Price target and exit target:
You can keep your target at 50 pips and your stop loss at 30 pips. Exits also occur once the HA 4 hour candle changes color, and if you are in the final stages of a trade, in some cases it may further reduce your stop loss to 20 pips!
Remember, breakeven is reached once the trade moves 25 pips in your favor!
Ideal entry time:
It might be good if you get some confluence on the three HA timeframes a few hours before the London Open, as the target of 50 can be easily achieved.
I will post the chart soon!
index
Heikenashi Multiple Time Frame Indicator (30, 240, 1440 minutes respectively)
entry:
Enter longs from the 30 minute chart when the completed candle turns blue, at this stage it is necessary to confirm that the 4 hour (240 minutes) HA is blue and the daily (1440 minutes) HA is blue before we enter longs. As long as the three HAs converge, multiple inputs can be made within 30 minutes. (Every time the color changes from red to blue for a long time, remember HA for 4 hours and a day should be blue)
Enter Short to do the exact opposite, enter when the color changes to red.
Price target and exit target:
You can keep your target at 50 pips and your stop loss at 30 pips. Exits also occur once the HA 4 hour candle changes color, and if you are in the final stages of a trade, in some cases it may further reduce your stop loss to 20 pips!
Remember, breakeven is reached once the trade moves 25 pips in your favor!
Ideal entry time:
It might be good if you get some confluence on the three HA timeframes a few hours before the London Open, as the target of 50 can be easily achieved.
I will post the chart soon!
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