Forex & Stocks “Heiken Ashi – MACD” Trading Indicators and Strategy

Heiken Ashi – MACD Trading Strategy. In this strategy, I will share with you a very simple Heiken Ashi and MACD trading strategy to simplify your entries and exits. so, by the time you finish this tutorial, you will know exactly when to enter high probability trade using the Heiken Ashi Candlestick and MACD indicators.

Heikin-Ashi charts, developed by Munehisa Homma in the 1700s, share some characteristics with standard candlestick charts but differ based on the values used to create each candle.

Instead of using the open, high, low, and close like standard candlestick charts, the Heikin-Ashi technique uses a modified formula based on two-period averages.

This gives the chart a smoother appearance, making it easier to spots trends and reversals, but also obscures gaps and some price data.

• Heiken-Ashi candlesticks are great because they smooth the price action. As a result, much of the noise shown in traditional Japanese Candlesticks is eliminated with Heikin Ashi charting, and it helps make the trade entry and exit decision simpler.
• The MACD indicator can provide an earlier indication that an OLD trend is about to end and a NEW trend is about to start. The MACD manipulates its Moving Averages in a rather clever way. This indicator is especially useful in forex, Stock, and crypto trading strategies. It can signal changes in trend much closer to when they actually occur.

• Download “ForexWOT-HeikenAshiMACD” (Zip/RAR File).
• Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
• Copy the “ForexWOT-HeikenAshiMACD.tpl” file (template) to your Metatrader Directory …/templates /
• Start or restart your Metatrader Client.
• Select Chart and Timeframe where you want to test your forex system.
• Right-click on your trading chart and hover on “Template”.
• Move right to select “ForexWOT-HeikenAshiMACD” trading system and strategy.
• You will see the “HeikenAshi MACD system” is available on your Chart.

• Step #1:  Wait for the MACD lines crosses above the Signal line.
• Step #2: Wait for the Bullish Heiken Ashi Bars.

• Step #1: Wait for the MACD lines crosses below the Signal line.
• Step #2: Wait for the Bearish Heiken Ashi Bars.

Bbecause this is a trend trading play, we want to exit only once the price has formed an opposite Heiken Ashi bar.

• For Long trades, we only want to exit when a Bearish Heiken Ashi bar is formed.
• For Short trades, we only want to exit when a Bullish Heiken Ashi bar is formed.