readers question
———————
Hello Mr.Long ,
Thanks for posting such a great video… It’s really a nice strategy…..
But you are always suggesting Daily time frame.
1. Can I use or how to tweak the same strategy for lower timeframes like 1 min and 5 min.
2. Are there any heikin Ashi patterns to find confirmed reversal or trend change…
Thanks,
———————
There are 2 strategies
first strategy
if Heikin Ashi colour change then entry.
what is target? How to take profit?
if Heikin Ashi colour change again then close position.
what is stop loss?
entry Heikin Ashi candlestick high or low.
here is example.
second strategy
if Heikin Ashi colour change then put buy stop or sell stop order to previous
Heikin ashi candlestick high or low.
what is target? How to take profit?
if Heikin Ashi colour change again then close position.
what is stop loss?
entry Heikin Ashi candlestick high or low.
here is example.
first and second strategy difference
“entry method”
market order or stop order.
first strategy if heikin ashi colour change then market order at close price or next open price.
second strategy if heikin ashi colour change then put stop order to previous
heikinashi high or low.
in this video conclusion.
If Heikin ashi colour change then entry and colour change again then take profit.
Reply