Heiken Ashi exit is a forex trading indicator. Heiken Ashi exit is a very profitable forex trading indicator for the serious traders. Heiken Ashi exit is basically for those traders who like to make money by riding the trend of the market. Heiken Ashi exit can be used to trade on any time frames you prefer. Also, you can use Heiken Ashi Exit indicator to trade with any currency pairs. This forex trading indicator helps you to enter at the right time and exit and the right time too. Heiken Ashi exit works best in a trending market environment and you are recommended to trade in a trending market.
When you install Heiken Ashi exit in your trading platform, your chart should look like this:
- Heiken Ashi exit
Basically, this indicator is a heiken ashi chart. Heiken ashi smooths the disturbing patterns of the market. As per my experience heiken ashi works pretty well if you follow the rules of it. It works similarly like moving averages. When the market is above the Heiken ashi bars, or when the heiken ashi bars are green you should be buying. Contrarily, when the market is below the Heiken ashi bars or when the heiken ashi bars are red, you should sell.
Buying Conditions Using Heiken Ashi Exit.
- Market should be up trending.
- Market should be going up from the recent swing low.
- Market should cross above the Heiken Ashi exit
- Place your long position as soon as above conditions are met.
- Place your stop loss just below the recent swing low.
- Take your profit when the market crosses below the Heiken ashi exit
Selling Conditions Using Heiken Ashi exit.
- Market should be down trending.
- Market should be going down from the recent swing high.
- Market should cross below the Heiken Ashi exit
- Place your short position as soon as above conditions are met.
- Place your stop loss just above the recent swing high.
- Take your profit when the market crosses above the Heiken ashi exit
Download Free Forex Heiken Ashi Exit Indicator
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