Heiken Ashi Kuskus Scalping Strategy For MT4

Heiken Ashi Kuskus Scalping Strategy For MT4

Table Of Contents:

  1. Heiken Ashi Kuskus Scalping Strategy For MT4
  2. The Heiken Ashi Kuskus Scalping Strategy For MT4 – Long positions
  3. The Heiken Ashi Kuskus Scalping Strategy For MT4 – Short positions
  4. Is the Heiken Ashi kuskus scalping strategy for MT4 any good?


Please note: This strategy was publicly published in the trading community and is free to use. We do NOT make an attempt to decide if this strategy is profitable or not, because we know that the major factors regarding trading results are the skills/experience of the trader who executes the strategy. Therefore, we are mainly explaining the components and rules of the strategy. If applicable, we are highlighting advantages, disadvantages and possible improvements of the strategy.


The Heiken Ashi Kuskus Scalping Strategy For MT4 is a short term intraday trading system. It makes use of the Heiken Ashi candlesticks and a bunch of other indicators. The main indicator that is of importance in the Heiken Ashi kuskus scalping strategy for MT4 is the intraday pivot levels.

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However, the trading system does not entirely work due to the fact that some of the indicators do not work with the current MT4 version. Therefore, it is recommended that traders make use of a working intraday pivot indicator for this trading system.

The Heiken Ashi kuskus scalping strategy for MT4 is basically a trend following system. However, by trends, we mean the trends that you see on the short term charts. Thus, it includes both the trends and the corrections within the trend. This trading system works best on a 15-minute chart. However, traders can experiment with this method to see how it fares when using it on the longer term chart time frames as well.

There are quite a few indicators that are currently used in the Heiken Ashi kuskus scalping strategy for MT4. Firstly, we have two moving average indicators. These moving averages are based off the 50 period and the 120 period exponential moving average. These moving averages together shows you the bullish and the bearish markets that form via the crossovers of the short term and long term moving averages.

Then, we have the BBands stop indicator. The BBands stop indicator is a modification of the Bollinger bands. This indicator works somewhat similar in logic to the Parabolic SAR indicator. The levels are plotted above and below price, thus indicator that prices are in a downtrend or an uptrend respectively. The BBStops indicator can be used as a stop loss for your trades. However, the set up and usage of the BBStops indicator in the Heiken Ashi kuskus scalping strategy for MT4 is a bit redundant. As you will learn shortly, this indicator lags quite a bit within the trading rules. So, a bit of subjectivity is required when applying the BBStops to this trading system.

On the price chart, we also have the Heiken Ashi kuskus indicator. As the title hints, this is a modified version of the Heiken Ashi indicator. What this indicator does, is basically allows you to plot the Heiken Ashi candlesticks in a modified way. It shows when the trend is up or down. The price bars are also plotted on the price chart. This makes the charts a bit cluttered as the main way to get the market direction is only via the colors of the Heiken Ashi candlesticks.

On the price chart, we also have the gi MA STD indicator. Within the other indicators, this indicator gets lost. If you observe the markets closely, you will see the red and green dots near or close to the Heiken Ashi candlesticks. The gi MA STD indicator doesn't offer much value. Considering that the signals are also lost within other indicators, you could just get rid of this indicator to make the charts look a bit less cluttered.

In the sub window of the Heiken Ashi kuskus scalping strategy for MT4, we have the kusks starlight indicator. This is a rather simple indicator that plots the dots or the stars. There are two such dots, one being blue and the other being red.
This indicator works somewhat the same like the moving averages, meaning that they make a bullish and bearish crossover. You can use this indicator as a way to confirm the trend in the price charts. Let's now take a look at how you can trade long and short positions using the Heiken Ashi kuskus scalping strategy for MT4.


The Heiken Ashi Kuskus Scalping Strategy For MT4 – Long positions




To take long positions in the Heiken Ashi kuskus scalping strategy for MT4, wait for the starlight indicator to turn bullish. This is where you will see that the blue dots cross above the red dots. Now take a long position and set your stop loss to the recent swing low.

Using the risk to reward ratio, calculate your take profit level accordingly. Once you see that the bullish market is confirmed by the BBStops indicator, you can move your stop loss close to this level.


The Heiken Ashi Kuskus Scalping Strategy For MT4 – Short positions




To take hort positions in the Heiken Ashi kuskus scalping strategy for MT4, wait for the starlight indicator to turn bearish. This is where you will see that the blue dots cross below the red dots. Now take a short position and set your stop loss to the recent swing high.

Using the risk to reward ratio, calculate your take profit level accordingly. Once you see that the bearish market is confirmed by the BBStops indicator, you can move your stop loss close to this level.


Is the Heiken Ashi kuskus scalping strategy for MT4 any good?


In conclusion, the Heiken Ashi kuskus scalping strategy for MT4 is not a very robust trading system. Firstly, the fact that the charts are so cluttered makes it difficult to comprehend the market information. Secondly, the fact that some of the indicators don't work in this method makes it a bit doubtful.

Also, don't forget the fact that regardless of the indicators that are currently used, some of them such as the gi MA STD indicator are lost within other indicators. This goes to show how a random bunch of indicators are put together and being made into a trading system.

For the above reasons, we do not recommend the Heiken Ashi kuskus scalping strategy for MT4 for beginners. Even experienced traders could save a lot of time but not taking a look at this trading system, due to the points mentioned above. However, you could look at some of the indicators used in the Heiken Ashi kuskus scalping strategy for MT4 as a way to figure out the ones that you can use to build your own custom trading system.

Download the complete system description and the files here:

FREE Heiken Ashi Kuskus Scalping Strategy

Download the FREE Heiken Ashi Kuskus Scalping Strategy for MT4.

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