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Trade4Wealth Software-II

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Trade4wealth Software-II

DESCRIPTION:
This Alert indicator utilizes the Heiken Ashi with non-lag EMA was a scalping and intraday trading. There is also included filtering on MACD direction and trend direction as indicated by two MA: SMA (20) and EMA (50). The Heiken Ashi candles are great as price action trending indicator, they shows smooth strong and clear price fluctuations with price.

Financial Markets: NSE/BSE/MCX
> Optimised settings for 3 min, 5 min and 15 min Time Frame.

Indicators used in calculations:
> MACD 2 colour (5,9,3)
> EMA, period 50
> SMA, period 20
> Non lag EMA , period 20

Generate Alerts use the following Trading Rules:
> Heiken Ashi with non-lag dot
> Trade only in direction of the trend.
> UP trend : MA 20 period is above EMA 50 period.
> Down trend : MA 20 period is below EMA 50 period.

How to use:
> Use software with Default Settings.
For Buy :
> If 20 SMA (i.e. Green Line) Crosses 50 EMA (i.e. Red Line) from lower to upper side than Buy.
> Zone & Parabolic Sar both must be Green for Buy.
For Sell :
> If 20 SMA (i.e. Green Line) Crosses 50 EMA (i.e. Red Line) from upper to lower side than Sell.
> Zone & Parabolic Sar both/ must be Red for Sell.

HINTS:
- Good positions occur when MACD crosses the Zero line.
- Large Heikin Ashi candles with small wicks in direction of trend are good strong trends.

How to get access:
Please click on the link in the signature or send me a private message to get access.