指定
1) Heiken Ashi Candlestick chart with multi time frame.
Strategy:
For example let us take 15mins heiken ashi chart.
Bullish candle should be in green colour, & bearish candle should be in red colour.
ENTRY: BUY POSITION
First check whether the Previous two candles is RED in colour. The entry candle should be in GREEN colour.. Before going for a buy position, it should check the difference between the open and close position of the entry green candle. If the difference is greater than 1.8points,then a limit order should be automatically placed just 2points ABOVE the confirmed GREEN candle. And if the limit order is triggered at the next candle , then automatically a stop loss should be placed below 3points of the previous RED candle..
TARGET FOR BUY:
Difference between the HIGH & LOW VALUE of the GREEN Entry candle ..
________________________________________
ENTRY: SELL POSITION.
First check whether the Previous two candles is GREEN in colour. The entry candle should be in RED colour.. Before going for a SELL position, it should check the difference between the open and close position of the entry RED candle. If the difference is greater than 1.8points,then a limit order should be automatically placed just 2points BELOW the confirmed RED candle. And if the limit order is triggered at the next candle , then automatically a stop loss should be placed ABOVE 3points of the previous GREEN candle..
TARGET FOR SELL:
Difference between the HIGH & LOW VALUE of the RED Entry candle ..
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