Heiken Ashi Alligator Trading System with RSI MTF HAS Bar Filter indicator – This “HA Alligator Trading” helps the trader stay in the position for a longer period and works best the longer the period of sleep.
- Time Frame: M30 or higher
- Currency Pairs: GBPUSD, EURUSD, AUDUSD, USDCAD, and USDJPY
MetaTrader Trading Indicators
- Heiken Ashi Smoothed
- Alligator
- MTF HAS Bar
- RSI
BUY Rules
- Heiken Ashi Smoothed: Lime candle
- Alligator: lime line > red line > blue line
- MTF HAS Bar: Blue color
- RSI line: upward and above level 60
SELL Rules
- Heiken Ashi Smoothed: Lime candle
- Alligator: lime line > red line > blue line
- MTF HAS Bar: Blue color
- RSI line: upward and above level 60
Trading NOTES
- Initial Stop loss on the previous swing
- After 20 pips in gains move stop loss at the entry point
- Profit Target predetermined with Risk Reward Ratio 1:2 or 1:3 (recommended option)
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