Extreme Heiken Ashi Forex Scalping Strategy

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Extreme Heiken Ashi Forex Scalping Strategy

This is a scalping system that allows you to have a high frequency trades by following the trend and take profit quickly. This allows you to use a 15-minute timeframe and works in USD pairs such as EURUSD, GBPUSD, and AUDUSD. This system will allow you to buy only in a buy zone fibs are and sell on the sell zone fibs area.

Forex Indicators:

  • Heiken Ashi
  • Buy Zone fibs (100, 2)
  • Sell Zone fibs (100.2)
  • Infobox Indicator
  • MA Crossover (fast WMA 5, slow SMA 8)

Buy Entry:

  • Ma Crossover arrow is blue.
  • Heiken Ashi is white.
  • 3 or 4 green squares of the Forex Guide indicator.

Sell Entry:

  • Ma Crossover arrow is blue.
  • Heiken Ashi is white.
  • 3 or 4 red squares of the Forex Guide indicator.

Exit position:

  • Quick take profit or at the opposite arrow.
  • Target profit in EURUSD is 9 pips, AUDUSD is 8 pips and GBPUSD is 11 pips.
  • Set initial stop loss at the previous swing.

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