Forex Support Resistance Heiken Matrix Trading System

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

 

• Support Resistance
• Heiken Matrix
• GG Trend Bar
• GG-RSI-CCi
• RSI

 

• Support Resistance: Green line below the previous swing low
• Heiken Matrix: Green candle
• GG-RSI-CCI:  Green bars
• RSI: Above the level 55 line

 

• Support Resistance: Red line above the previous swing high
• Heiken Matrix: Red candle
• GG-RSI-CCI:  Red bars
• RSI: Below the level 45 line