Heiken Ashi Moving Average FTR SigLine Trading System with DeMarker Filter – You will be a good and effective forex trader if you know How To Trade with Heikin-Ashi Moving Average (HAMA) Candlesticks.
- Best Time Frames: H4
- Most Recommended Currency Pairs: EURUSD and GBPUSD
Metatrader Trading Indicators
- HAMA (Heiken Ashi Moving Average)
- FTR SigLine
- Repulse Indicator: (level for buy -0.20- level for sell 0.20)
- Signal Trend
- DeMarker
BUY Rules
- HAMA (Heiken Ashi Moving Average) blue candles
- FTR SigLine blue color
- Repulse histogram above level 0.2
- DeMarker line upward above level 0.6
SELL Rules
- HAMA (Heiken Ashi Moving Average) red candles
- FTR SigLine red color
- Repulse histogram below level -0.2
- DeMarker line downward below level 0.4
EXIT Rules and Positions
- Stop Loss: Risk Reward Ratio 1:2 or 1:3
- Initial Stop Loss at previous swing
- Example (H4 TF):
- EUR/USD Profit Target 600 pips Stop loss 200 pips
- GBP/USD Profit Target 600 pips Stop loss 200 pips
- Example (H4 TF):
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