Forex Heiken Ashi Chandelier EXIT Trading System & MT4 Indicators

High accuracy “Forex Heiken Ashi Chandelier EXIT Trading System & MT4 Indicators” – The Heikin-Ashi technique is used by technical traders to identify a given trend more easily.


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Hollow white (or lime) candles with no lower shadows are used to signal a strong uptrend, while filled black (or red) candles with no upper shadow are used to identify a strong downtrend.

  • Best Time Frame: H4 or higher
  • Currency Pairs: GBPUSD, EURUSD, EURJPY, GBPJPY, and USDJPY

 

MetaTrader Trading Indicators
  • Heiken Ashi Smoothed
  • Chandelier EXIT
  • RSI

 

BUY Rules


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  • Heiken Ashi Smoothed: Lime candle
  • Chandelier EXIT line: Lime color
  • RSI line: Above level 55 line

 

SELL Rules

  • Heiken Ashi Smoothed: Red candle
  • Chandelier EXIT line: Red color
  • RSI line: Below level 45 line

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