Advanced Strategies

 #1 (Midnight setup)

#1-a (Midnight setup addition: Trading Breakouts of the Breakouts)

#2 (Fibonacci Trading)

#3 (Neat entry: RSI + Full Stochastic)

#4 (Early bird Breakout System)

 #6 (Picking Tops and Bottoms)

 

#11 (True and False Trend Line Breakouts)

  #12 (Heikin-Ashi-two-Bar-Strategy)

Heikin-Ashi Technique

A type of candlestick chart that shares many characteristics with standard candlestick charts, but differs because of the values used to create each bar. Instead of using the open-high-low-close (OHLC) bars like standard candlestick charts, the Heikin-Ashi technique uses a modified formula:

Close = (Open+High+Low+Close)/4
Open = [Open (previous bar) + Close (previous bar)]/2
High = Max (High,Open,Close)
Low = Min (Low,Open, Close)

Investopedia Says:
The Heikin-Ashi technique is used by technical traders to identify a given trend more easily.

Hollow candles with no lower shadows are used to signal a strong uptrend, while filled candles with no higher shadow are used to identify a strong downtrend.

This technique should be used in combination with standard candlestick charts or other indicators to provide a technical trader the information needed to make a profitable trade.

Related Links:
This tool smooths trends and makes them easier to indentify. Confirm Forex Momentum With Heikin Ashi
Enhance trend isolation and prediction of future prices with this technique. Heikin-Ashi: A Better Candlestick
False signals can drown out underlying trends. Find out how to tone them down and tune them out. Trading Without Noise

Buy/Sell signals:

Entry: after two hollow or two filled candles.
Leading indicator: SSD 5, 3, 3, crosses often 1-2 bar before
Confirmation: +DI/-DI-line-crossover.
+DI (green) and -DI (red) line (ADX 14) crosses sometimes 1-4 bars afterward entry point .

Price Momentum:

+DI stays on top of -DI — uptrend is in place.
-DI stays on top of +DI — downtrend is in place.

Strategic Forex Trading:

ADX -/+ DI lines are used for spotting entry signals.
All -/+ DI crossovers are disregarded while ADX remains below 20.
Once ADX peaks above 20 a buy signal occur when +DI (green) crosses upwards and above -DI (red).
A sell signal will be the opposite: -DI would cross +D1 downwards

Exit Points:

When Heikin-Ashi-bar-colour changes and/or Heikin Ashi bar closes over the counterpart side of EMA 9 line.
In all situation of +DI/-DI-line-crossovers (when trend is changing - two DI cross).
Buy and exit situations are often signalize with SSD 5, 3, 3, crossing near 20 or 80 % line, 

Tactical Planning
Trending or Ranging Environment?

Hollow candles with no lower shadows are used to signal a strong uptrend, while filled candles with no higher shadow are used to identify a strong downtrend. 

Let the buy or sell orders running if ADX is high (ADX 25 >) and Heikin-Ashi-Bars are over EMA 9 (uptrend) or under EMA 9 (downtrend) without any +DI/-DI-line-crossover.(B)
(B)Stay in your winning trades.

Labeling

Entry signals: E, (Entry signals can be buy or sell orders)
Exit signals: X (the matching part)
Indifferent candles: ABC or ABCDE