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The Heiken Ashi exit indicator is a trend that follows the forex trading indicator. It is one of the most decent currency trading indicators you will ever find. It is really popular because it really works and it is popular to beat the market consistently. While the tests were being carried out, this indicator performed above average. Simplicity and precision are the things that make Heiken Ashi's output indicator special than others. It is widely used to trade in the forex market and is also used by commodity traders to trade gold, silver, crude oil, etc. You can also trade stocks with this indicator.
HEIKEN ASHI OUTPUT INDICATOR OVERVIEW
ABOUT HEIKEN ASHI OUTPUT INDICATOR
The output indicator of Heiken Ashi is actually a combination of a moving average and a Heiken Ashi bar. It's like a moving average because it moves like a moving average above and below the market. When the market is above the Heiken Ashi indicator, it indicates a bull market scenario and when the market is below this indicator, it indicates bearish market conditions. If you are too lazy to analyze those things, you can simply focus on the color of the indicator. Remember that the trend is the most important thing you should never ignore. When operating with this indicator, you should always be aware of the prevailing market trend. You should never operate against the trend, even if the indicator generates the signal. That is called discipline.
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HEIKEN ASHI INDICATOR: BUY PARAMETERS
The market you are seeing should have an upward trend.
The market should be increasing from the level of recent support.
The Heiken indicator should turn green.
Execute your purchase position when the above parameters are met.
Set your stop loss below the recent low swing.
Get your benefit when the Heiken Ashi exit indicator turns red.
HEIKEN ASHI INDICATOR: SALES PARAMETERS.
The market you are seeing should have a downward trend.
The market should be falling from the recent resistance level.
The Heiken indicator should turn red.
Execute your sales position when the above parameters are met.
Set your stop loss above the recent high swing.
Get your benefit when the Heiken Ashi exit indicator turns green.
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