Simple HAMA Strategy

EURUSD Indicators :

• Heiken Ashi Candle
  
• Movingavg Cross (11)
  
• MA (11)
  
• Volume
  
• Relative Vigor Index ( optional for exit )
  

Criteria
Things to check on the symbols using strategy Tester

• Percent Profitable > 50%
  
• Profit Factor > 8
  
• Max Drawdown < 1%
  

Setups :

1. Movingavg Cross alert
2. Candle Formed below/above MA line
3. Alert Candle and right after candle HA showing Bullish/bearish Candle

Entry :
1. 1or2 Candle After Alert
2. Entry Price using last candle close
3. check for previous sideways ( is there any sideways/accumulation phase? )

Exit
Either :
1. HA Changed Colors
2. RVI crossing

Caution, do not enter on Chopy/sideways market which is marked by :

Alert happen on Indecisive HA Candle, and/or
NO Bullish or bearish HA Candle

Comment:

What if the colour changed during the trend?

1. Check the RVI if its not crossing, don't exit the trade just yet
2. if it's finally crossing, then close the trade

Comment:

Additional Exit signal:
Exit when the different colour touch the MA line