Simple Heiken Ashi method 15 pip target

Hi

I am going to show you a method that target 15 pips with a stop on change of colour of the hieken ashi

the entry for long is to see a white hieken ashi close past the high of the red hieken ashi enter long ,

if you see a colour change exit the trade

you need 15 ema shift 15 and Hieken Ashi

thats all

This Method is such a great system

its easy to spot the entrys maybe someone can make an iindicator to show the entrys

because i am just eye balling the entry but its not always easy to spot the entry ,

I forgot to mention , this method is for the 15 min chart , you can use other timeframe but the 15 min offers a smaller stop out on the colour change

Also

you should not risk more than 1.5 % per trade , max of 4.5 % over 3 open positions

so if you have $100 account , initial risk is 15 pips or 1.5 %

x 3 trades is 4.5%

EU AU GU

trade these pairs

so that's 0.01 lots per $100 in your account

If you get 15 pips then that's your target for that day
close pc and do something else , also be out at news

10 mins before and after news


hope all is clear

15 pips is 1.5% a day x 5 days is 7.5% a week and 30 % a month

if you have 3 open positions in 1 day potentially you can make 4.5 % in 1 day

you only need 15% a month to be consistent

.

i like the daily charts , less stress

you can use a 100 pip stop loss and target 400 pips

that's 4-1 risk rewards

or exit on colour change

seems to be good no need for the ema , just use Hieken Ashi

the candle must close past the high or low of hieken ashi

within 3 candles ,

so if you get 3 days and its not went past the high or loss depending on if its a buy or sell

then no entry

it must close past the high low within 3 candles

100 pip stop loss is 10 % risk but you either exit with -100 or colour change , so it could be only -50 for instance

thats -5 %

400 pip target is + 40% ,

this is stress free trading , just check the charts at daily open and see if there is an entry

when the price action goes 50 pips in your favour then move the stop loss to -50 pips so this reduces your risk to 5% rather than 10%

no need for the EMA

just trade the close past high or low of the HA within 3 candles

hope this is clear

been looking at the daily again

if the price goes 50 pips in your favour then move the stop to -25

this reduces the risk to 2.5 %

and gives the trade some room

100 pip initial stop

50 pips in your favour 25 stop

easy

if anyone is able to make an indicator to show the entry with an arrow it would be helpful

or even an EA

if im using tradingview what indicator can i use im gonna try this for some backtest

its easy

15 ema shift 15

and hieken ashi candle's

What about all your other methods you have posted? I they still effective or not?
Thanks

this method is my favourite

this method is good on the 15 min charts

just trade red after white with the current candle closing past the low for sell

vice versa for longs

an indicator would be good for this

hope this helps

i am now looking at the 5 min timeframe

use a 3 pip take profit and a 4 pip stop

AUD/USD pair only

3 pips is 0.3 % gain

say you take 3 trades all winners then it will be 0.9% win

with a 4 pips stop loss it mans you take a good risk of a trade without too much give back to market

3 pip target and 4 pip stop

just trade the colour change red to white HA buy

white to red sell , using the 15 ema shift 15

enjoy

dont worry about taking a few losses of -4

there are plenty of entrys to be taken target is 3 trades at 3 pips each

0.9%

0.01 lots for every 100 in your account

what you should do is close the trade at

-4 pips or colour change of hieken ashi

simple

if you use 0.05 lots for every 100 in youru account this will give you a 2% stop loss at 4 pips thats 2$ or win of 3 pips at 1.50$

so even if you get 3 pips you can stop trading, if you get a 1.50$ gain thats 1.5% a day x 5 days is 7.5% a week

30% a month , if you get 3 pips a day

very doable

you only need 15% a month to be consistent

enjoy

if you use 0.05 lots for every 100 in your account this will give you a 2% stop loss at 4 pips thats 2$ or win of 3 pips at 1.50$

so even if you get 3 pips you can stop trading, if you get a 1.50$ gain thats 1.5% a day x 5 days is 7.5% a week

30% a month , if you get 3 pips a day

very doable

you only need 15% a month to be consistent

enjoy