Isakas Ashi Forex Strategy

Isakas Ashi by Kuskus Oosentogg Forex strategy is based on trend forex system. Its trade approach relies on the EMA 4 and 24 crossover. And then confirm the cross with the histogram and the heiken ashi indicators. This forex srategy works with almost pairs, and you need to use it on the M30 or H1 timeframe. You can use higher timeframes if you want but not for lower timeframes.

Download: Isakas Ashi Indicator

The entry rules are easy and clear to spot on the forex charts.

Open SHORT(SELL) position when:

1. The EMA 4 crosses BELOW the EMA 24
2. Histogram is RED
3. Heiken Ashi is RED
4. When ZigZag makes a new HIGH (peak)

Open LONG (BUY) position when:

1. The EMA 4 crosses ABOVE the EMA 24
2. Histogram is GREEN
3. Heiken Ashi is GREEN
4. When ZigZag makes a new LOW (valley)

Stoploss, you should use the previous HIGH (Peak) as your stoploss for your short trades and use the LOW (valley) as your stoploss for your long trades.

For the takeprofit, I suggest you use a trailing stoploss of 15-20 pips for slow pairs and 30-40 pips for pairs that move much more like the gbpusd. You can also takeprofit whenever the trades reach a fixed pips in profit, then re-enter again and again. There are numerous approach which is possible regarding the takeprofit but I am not able to cover them here.

This system is very easy to use but you will need some practice with it in order to get acquainted with the system. Hope you will be making some pips. Enjoy your trading. -www.fxfisherman.com-