
Simple Heiken Ashi Forex System
Trading Systems Last update: December 24, 2024The Simple Heiken Ashi Forex System consits of just two elements – heiken ashi candlesticks and parabolic sar dots. As the name suggests, this strategy utilizes a very basic approach. For a short signal, the price needs to be below psar and bars should switch to red. Similarly, a long signal is based on white bars and price alignment above psar.
The performance varies on market conditions – it’s not so great during consolidation periods and it’s profitable during breakout and strong impules.
Example chart:
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