4TF-HAS Forex Chart Patterns Strategy

August 29, 2016

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4TF-HAS Forex Chart Patterns Strategy

This strategy price action trend strategy based on Heiken Ashi smoothed and PIN BAR patter of price. This works on a 15 minute timeframe or higher.
Applicable to all currency pairs. It can also be used in indicis and commodities.

Forex Indicators:

Time of Next Bar
Magnified Market Price,
Spread,
Position Size Calculator (optional),
Pin Bar Detector (arrow Buy and Sell),
MTF HAS Lower A ( 2, 6, 3, 2),
MTF HAS Lower B ( (2, 6, 3, 2),
Gann activator ( filter of the support: optional).

Buy Entry:

Arrow Buy of PIN BAR detector confirmed by 3 or 4 squares blue of MTF HAS Lower A and B.

Sell Entry:

Arrow sell of PIN BAR detector confirmed by 3 or 4 squares red of MTF HAS Lower A and B.

NOTE:Entry of the next signal only if the current trade is close.

For improved profitability to add gann activator ( 10 period).

You can exit the position depending on the time frame and cureency pairs you use.

These are the examples:

EUR/USD 15 min time frame: profit target 10 pips initial stop loss 20 pips after 8 pips in gain move stop loss at the breakeven.
EUR/USD 30 min: PT 15, SL 25, breakeven 12 .
EUR/USD 60 min: PT 20, SL 30, breakeven 15,
EUR/USD 240 min: PT 30, SL 45, breakeven 20,
EUR/USD daily: PT 50, SL 70, breakeven 30 .

Option for Stop loss you can follow the indications of Position Size Calculator.

or EA in the folder for management the position.