Heiken Ashi Exit Indicator
MT4 Trend TradingFree DownloadThe Heiken Ashi Exit indicator falls into the trend-following category of forex indicators.
It is basically a combination of a Moving Average and a Heiken Ashi Bars.
Simplified trading rules for Heiken Ashi Exit are the following:
- Open buy trade when the HAE turns green and the overall market trend is clearly bullish. Close the trade when HAE turns red.
- Open buy trade when the HAE turns redand the overall market trend is clearly bearish. Close the trade when HAE turns green.
