Last updated: May 13, 2025

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Heiken Ashi Forex Scalping Strategy

This is a scalping system that follows the trend. It uses the heiken ashi indicator. Trend magic indicator is also used in this system. This strategy is for a 5-minute and 15-minute timeframe and works on EURUSD and GBPUSD pairs.

Metatrader Indicators:

• Heiken Ashi
• Trend Magic indicator
• Heiken Ashi histogram (AV period 6)
• Heiken Ashi separated window(21, 50, 1,1,)
• ATM RSI Histo (9)
• Pivot Points level

Long Entry:

• The line of the Trend Magic indicator is blue.
• Dodge blue bar must be seen on the Heiken Ashi histogram.
• Heiken Ashi is color white.
• Heiken Ashi separated window has green bars.

Short Entry:

• The line of the Trend Magic indicator is red.
• Dodge red bars must be seen on the Heiken Ashi histogram.
• Heiken Ashi is color red.
• Heiken Ashi separated window has red bars.

Exit position:

• Quick take profit at 6-10 pips in a 5-minute timeframe and 8-14 pips in a 15-minute timeframe.
• Trailing stops at 10 pips after 10 pips gain.
• Pivot points
• Initial stop loss 15 pips 5 min time frame and 20 pips 15 min time frame.