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Ashi

Custom Strategy : Heiken Ashi + RSI + Mama-Kama-Fama I want to share a custom strategy I have been developing on my very own and get your thoughts about it? I have no friends trader, no mentor, no one I can share my thoughts with, that's why I present my strategies to find other traders interested in sharing and building - perfecting these with me. Together we are stronger. If you find something to say about it, if you have skills to share (are you able to build trading bots?), please feel free to contact me with your ideas :) I recently discovered the Mama-Fama-Kama indicator (via @rumpypumpydumpy Thank you so much for your work!) and it acts like a very powerful filter to the system IMO. Talking about filters, the top-down approach stays the best of all and if you apply it correctly, it gives you in advance the direction of the trade you must look for and the zones you must pay attention to. Then, you simply/strictly follow your rules to catch a valid entry. After that you manage your trade manually or set another set of rules for exit. I let you have a look. Do you see the rules of the strategy and how to apply? I will post all rules later ... I don't have the time to continue now, but I will show you how I scalp using only 2 confluent timeframes and how you can literally spot the valid entries before/or at least right when they happen. As it is commonly said, all indicators are lagging behind the price, my goal was always to find a way to get the opposite and build a system that would give a leading signal. I know some succeeded in this quest, so why not us too?!
by Riskyscalps
3
Heikin-Ashi system, how to get out and take profitIn this idea you are shown when the uptrend is showing signs of weakness and when it’s a good time to take your profits before the trend change. It can also be a good place to short a market. Indicator 1= stochastic is overbought and ready to head down Indicator 2= Price has hit upper band of donchian channel Indicator 3= CMF heading back towards 0 line Indicator 4= red doji is also a very strong indicator along with the green doji before it
WEducation
by Major-Heikin-Ashi-Legend
Second example of Heikin-Ashi system, legendary profitsHere is another example following on from my first post. Another indicator that’s important is when the CMF is below the 0 line and starts to turn towards the 0 line. this is a sign of strength and a sign that the weakness in the market(downtrend) is coming to an end. The change comes at the exact point of the Heikin-Ashi doji which means that this is a strong entry. As you can see this trade worked out and proves that Heikin-Ashi can be very profitable if it is followed properly.
NASDAQ:TSLAEducation
by Major-Heikin-Ashi-Legend
1
Heikin-Ashi system (simplified) This is my main heikin-ashi system. Heikin-Ashi is a Japanese indicator that means ‘average bar’ Its main purpose is to show the general trend and the strength of each trend, it also gives clues to when a trend change may happen. Heikin-Ashi is a powerful tool that can be used in swing trading to make big profits! The following is a simple but very useful system. The entry criteria is as follows: Indicator 1 = Down-move to bottom of donchian channel or bottom band, normally a wick that touches it, as seen on the chart Indicator 2 = Oversold on stochastic (stochastic is low) and ready to head up. Indicator 3 = heikin ashi doji which is indicated on the chart (green) strong entry, (red doji) slightly weaker entry. Live ideas about this system coming soon!
COINBASE:ETHUSDEducation
by Major-Heikin-Ashi-Legend
5
$BTC: Heikin Ashi showing signs of a turn around? Patience!!On the daily heikin chart, we're seeing the first bullish doji forming, which is a sign of indecision and the possible end of this downward trend that we've been in the last week. This 26% correction is fantastic for reloading on fuel for the next push higher. There's almost a 0% chance that 58k was the "top" and that we won't see #Bitcoin push towards the inevitable 6 figures. I'll be looking to long the breakout of the top wick on this doji that's forming today. On the heikin ashi chart if price action was to push above that level, it would show an actual reversal in the trend. Be careful trying to long before that as the bullish doji in the micro downward trend might just be a pause before continuation. $BTC has multiple 30-40% corrections in its last run, and I would never count out the whales from a nice fake, followed by a liquidation of overleveraged moon boys, and then a subsequent earth shattering pump. Let's be patient and find out!
COINBASE:BTCUSDLong
by its_maxbro
1
$BTC: Heikin Ashi on the daily reduces noise = bullish trendI highly recommend this setup when looking at a daily bitcoin chart. Heikin ashi candles average out price movement and are a great way to reduce the noise when thinking about trends. A drawback of this is that if violent reversals happen, the heikin chart may lag a bit behind... so that's why I like the dual pane view. The trend is your friend friends. I also like fib levels as price discovery targets. Most everyone uses these levels and thus they are self fulfilling. Either way. We're stacking sats and we're not trading those for an infinitely printed USD.
BYBIT:BTCUSD.PLong
by its_maxbro
Implementing Heiken Ashi CandlesKEY POINTS: Heikin-Ashi is a candlestick pattern technique that aims to reduce some of the market noise, creating a chart that highlights trend direction better than typical candlestick charts. The downside to Heikin-Ashi is that some price data is lost with averaging, which could affect risk. Long down candles with little upper shadow represent strong selling pressure. Long up candles with small or no lower shadows signal strong buying pressure. ----------------------------------------------------------------- When paired with risk management tools, trading indicators can give you a clear insight into price movements. Heiken Ashi candlesticks resemble a typical Japanese candlestick, but several details differ from the traditional candlestick chart. Every Heiken Ashi candlestick has an upper candlewick, a shadow (lower candlewick) and a body – much like the Japanese candlesticks. However, a bar in the Heiken Ashi starts from the middle of the one before it and not where the previous one closed-a significant distinction. Each candle has a high, low, open and close, and thus the Heiken Ashi formula has four segments.The opening level is the midpoint of the previous bar; the Close of each bar is the average of high, low, open and close. If you’re aiming to catch persistent trends, then Heiken Ashi will be valuable. NOTE: However, day traders who need to exploit quick price moves may find Heikin-Ashi charts are not responsive enough to be useful. Also, due to no price gaps within Heikin-Ashi candlestick charts, risk management is harder to monitor. Using additional methods to watch risk is advised. The formula for calculating Heikin-Ashi candlesticks is as follows: Open= (Open of previous bar+ Close of previous bar)/2 Close = (Open + Close + High + Low)/4 High = the Maximum Price Reached Low = Minimum Price Reached *Hope this helped refresh your knowledge of Heikin-Ashi candlesticks or showed you a new trading strategy to use.
NASDAQ:CLSKEducation
by kingmidasLXIX
1
Heikin Ashi MA with AUDCADOn 1hour chart, I'm waiting for PA to break and hold above the 6 SMA. This will indicate at least a potential bottom to then monitor for a possible buy ------------------------- Please don't forget to FOLLOW, LIKE, and COMMENT ... If you like my analysis:) Trade Safe - Trade Well Regards, Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc. RISK DISCLAIMER Information and opinions contained with this post are for educational purposes and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors. Before deciding to invest in Forex you should consider your knowledge, investment objectives, and your risk appetite. Only trade/invest with funds you can afford to lose.
Long
by Michael_Harding
My simple Double Up strategy using Heiken Ashi candlesUSE the smoothed HA Candles indicator located in the indicator list. Combine that with the MACD and Bollinger Bands. Look for crossovers in the MAC D for Entry points on the 15 minute Time Frame. Riding momentum of the trend direction confirmed by the Heiken Ashi Trend color. For example if the HA candles are showing RED and price is beneath the 0.00 Line on the MAC D you are in a downtrend. using that knowledge wait for the blue MACD line to cross back up over the red line showing an uptrend move. COnfirm that move by seeing price action bounce off the bottom BOLLINGER bands band. once price in the HA CAndles turns green wait for the 2nd or 3rd HA candle to form. at that point price should be ABOVE the 0.00 line on the MACD signaling a strong move to the upside. somewhere in that location is your opportunity for an entry as well knowing it will be a strong move up. Using proper risk management set a SL at a resonable spot giving your TP no less than a 15 to 20 pip move. once that move has completed do the same in the opposite direction. DO NOT EXIT THE 1st MOVE UNTIL THE GREEN CANDLES SHOW AT LEAST 3 RED... always watching price action for major moves use the HA candles for further confirmation to either take TPs, add 2nd entries and ultimately exiting the trade... HAve fun and good luck
Short
by MrABanks
3