213# Heikin Ashi Jackpot

Submit by Janus Trader

Heikin Ashi Jackpot is a trend following strategy based on Heikin Ashi, Ema Channel and Strength Indicator. The signals of this strategy are generated by the breakout of the candles of the moving average channel confirmed by the strength indicator. A very simple trend following strategy also suitable for beginners. To increase the accuracy of the filter, a Multi Time Frame analysis can be added.This is a winning strategy.

Setup Strategy

Time frame 15 minutes or higher.

Currency pairs: any, Indices and Gold.

Platform: TradingView but the trading system it can be applied on all trading platforms.

Type of strategy: Trend Following

Style. Day trading and Swing trading.

This strategy is suitable for very volatile instruments.

Indicators:

Exponential moving average 20 period, High.

Exponential moving average 20 period, Low.

Heikin Ashi

Strength Indicator (21, 9, 13).

Trading rules Heikin Ashi Jackpot

Trade in the direction of the upper time frame by two units of time for example 15 minutes follow the direction of the Time frame at 60 minutes, and always filter the signal with the following rules.

Buy

The candle closes above the moving average channel.The strength indicator below the chart is greater than zero.

Sell

The candle closes below the moving average channel. The strength indicator below the chart is less than zero.

Exit Position

Place initial stop loss below/above the previous swing high/low.

Make Profit minimum ratio 1:1..25.

The examples of trades but they don't take into account multi timeframe analysis, so they would be even better. For Multi Time Frames examples see the video.