Tuesday, December 15, 2009

Heikin trading method 1


Parameter:
Heikin (DAY, 1hr, 30min, 15min, 5min.)
BB 22 for overshoot
MACD 4, 26 9 for entry point
STC 5,22,5 for entry point
Slow Stochastic 42,3,4 for entry point
ADX 6 for trend

How to entry;

VT Trader

1. check long term trend by Day Heikin
2. Middle term trend by 1hr Heikin
3. Short term trend by 30m 15m Heikin
4. Check Entry Point by 5 mins

Up trend: Heikin up bar in raw
Down trend: Heikin down bar in raw

The reason why to use Heikin, not candle bar is easier to check Trend by Heikin than Candle Bar.

5. wait for entry until 5 min Heikin is the same trend to Middle and Long term.
For Swing or Day Trade: 30min Heikin and 1hr Heikin
For Day Trade: 30mins Heikin and 15mins Heikin
For Scalping 15mins Heikin and 5mins Heikin

6. prepare to entry in case when 5mins and Middle and Long Tern are the same trend.

7. Entry when :
MACD is GC or DC
Slow Stochastic is GC or DC
STC converses to the Trend
ADX is up right or down right

Don't forget to make STOP,
and for TC it is better to use ADX,

*please trade on your risk and responsibility, I won't take any responsibility for your trade.

Good luck for trade.