MA Crossover and Heiken Ashi Strategy

MA_crossover_and_Heiken_Ashi
MA_crossover_and_Heiken_Ashi
MA_crossover_and_Heiken_Ashi

Setup

  • 13 SMA (fast)
  • 100 SMA (slow)
  • Heiken Ashi

Entry

  • BUY when fast SMA crosses above slow SMA, and a few Heiken Ashi candles in a row are white.
  • SELL when fast SMA crosses below slow SMA, and a few Heiken Ashi candles in a row are red.
MA_crossover_and_Heiken_Ashi

MA_crossover_and_Heiken_Ashi

Exit

  • Close BUY trade when a few Heiken Ashi candles in a row turn red.
  • Close SELL trade when a few Heiken Ashi candles in a row turn white.

Currency Pairs

Any

Stop Loss

  • Set initial stop loss for BUY trade at the latest swing low.
  • Set initial stop loss for SELL trade at the latest swing high.

Pros

  • Simple.
  • Easy to automate.
  • Works well in trending markets.

Cons

  • Doesn’t work well in ranging markets.