Introduction to the Heiken Ashi Smoothed & BBsqueeze
The Heiken Ashi Smoothed BBsqueeze is a custom forex trading system that provides all the information and data you need to know about market conditions before you open the trade entry position. It uses a moving average MA crossover method and multiple trend-filtering formulas to generate high accuracy trading signals.
This trading strategy can be used with any forex currency pairs available around the market. What’s more, this trading system is quite flexible and adjustable to all time frame charts of the MetaTrader 4 forex trading platform.
Related: Heiken Ashi Smoothed
How to use the Heiken Ashi Smoothed & BBsqueeze Strategy?
You can find the trading rules for the Heiken Ashi Smoothed & BBsqueeze explained below.
Buy entry signals
Open long order when the following conditions of Heiken Ashi Smoothed & BBsqueeze system are met:
- 7 MA (white line) crosses above 21 EMA (black line)
- Price closes above Skdon TrendSig levels
- Cynthia BBsqueeze turns positive with RSX holding above the bars
- Buy triggers when the above conditions are met
- Set stop loss below the Skdon TrendSig levels
- Exit long/take profit whenever 7 MA moves below the 21 EMA
Sell entry signals
Open short order when the following conditions of Heiken Ashi Smoothed & BBsqueeze system are met:
- 7 MA (white line) crosses below 21A EMA (black line)
- Price closes below Skdon TrendSig levels
- Cynthia BBsqueeze turns negative with RSX remaining below the bars
- Sell triggers when the above conditions are met
- Set stop loss above the Skdon TrendSig levels
- Exit short/take profit whenever 7 MA moves above the 21
How to set up the Heiken Ashi Smoothed & BBsqueeze System in MT4?
Copy and paste indicator files into the MQL4 folder of the Metatrader 4 trading platform.
You can gain access to this folder by clicking the top menu options, which goes as follows:
File > Open Data Folder > MQL4 > Indicators (paste here).
Similarly, copy and paste the template file to the Templates folder.
Now, right-click on the chart, hover over Templates. You will have displayed a list of available systems, left-click template name you want to run.
Heiken Ashi Smoothed & BBsqueeze Free Download
To download the Heiken Ashi Smoothed & BBsqueeze Trading System for Metatrader 4 (MT4) for free just click the button below: