4 TF Heiken Ashi Arrows – signals of the standard indicator with 4 time frames
4 TF Heiken Ashi Arrows is a modified author’s indicator (we say “thank you, Mobidik”) based on the well-known indicator Heiken Ashi. 4 TF Heiken Ashi Arrows analyzes the 4 time frame (including the current TF) and generates a signal in the form of an arrow Buy or Sell. The indicator is equipped, already familiar to us, by the notification system: alert, a sound signal and an alert on an e-mail.
Characteristics of 4 TF Heiken Ashi Arrows
Platform: Metatrader4
Currency pairs: Any, recommended major
Trading Time: Around the clock
Time Frame: Any, recommended H1 and higher
Recommended broker: InstaForex, XM, RoboForex
Rules of trade by the 4 TF Heiken Ashi Arrows
BUY – blue arrow:
4-tf-heiken-ashi-arrows-buy
SELL – red arrow:
4-tf-heiken-ashi-arrows-sell
Stop Loss is set at the nearest local minimum / maximum.
Take Profit is selected experimentally for each TF and currency pair.
Incidentally, the indicator can be used in binary options trading, for example, on M5 with the expiry of 15 minutes:
4-tf-heiken-ashi-arrows-fo-bo
Do not use the indicator 4 TF Heiken Ashi Arrows alone, be sure to use additional filters.
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