Support Resistance Heiken Matrix Trading System – Support and resistance levels are the foundation of any good trading strategy. Whether you’re trading a simple price action strategy or something more complex, these levels form the road map to trading success.
For price action traders, this “Support Resistance Heiken Matrix Trading System” gives us a way to make sense of the market in terms of what it has done, what it is doing and what it might do next.
- Time Frame: H4 or higher
- Currency Pairs: Any
MetaTrader Trading indicators
- Support Resistance
- Heiken Matrix
- GG Trend Bar
- GG-RSI-CCi
- RSI
BUY Rules
- Support Resistance: Green line below the previous swing low
- Heiken Matrix: Green candle
- GG-RSI-CCI: Green bars
- RSI: Above the level 55 line
SELL Rules
- Support Resistance: Red line above the previous swing high
- Heiken Matrix: Red candle
- GG-RSI-CCI: Red bars
- RSI: Below the level 45 line
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