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  • Candlestick 7:09 pm on July 29, 2019 Permalink | Reply  

    Heikin ashi question and answer about 1min 5min reversal trend change 

    readers question

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    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,

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    • Candlestick 5:05 pm on July 24, 2019 Permalink | Reply
      Tags: Heikin Ashi   

      simple and powerful trading strategy with Heikin Ashi candlesticks colour 

      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.

      https://youtu.be/ntZQcEI6NNE


      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.

       

       
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