Techniques to increase profits with Japanese mix
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Today, we will introduce trading techniques to profit by combining indicators developed by Japanese people with “Japanese mix.”
“Japanese mix” is said to be created by Japanese individuals and combines indicators to display signals.
It uses Heiken Ashi and the Ichimoku Kinko Hyo, right?
Both are well known overseas as well and are standard in MetaTrader.
We will omit the details of the indicators here, but please feel free to look them up!
Now, about how to use “Japanese mix,” first apply Heiken Ashi and Ichimoku Kinko Hyo on the chart.
On MetaTrader, Heiken Ashi is displayed as “Heiken Ashi,” so please note that.
If you apply the two indicators, the screen will look like this.
Here, apply “Japanese mix.”
If you apply “Japanese mix” first, Heiken Ashi may cover the arrows, so it is better to apply “Japanese mix” last.
If you feel the candlesticks and Heiken Ashi overlap making it hard to read, try hiding the candlesticks with the steps below.
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Right-click on the chart and select Properties
↓
Change the colors of “Up bars,” “Down bars,” “Up candles,” “Down candles,” and “Line chart” to None
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Then the chart will look like this.
With that, you’re ready!
Now the trading begins, and “Japanese mix” is roughly as follows:
“Japanese mix” displays:
・A large arrow signals a market reversal
・A small arrow signals opportunities to profit during a trend
So, the entry timing becomes easier to understand, but the exit timing can be tricky
As one exit rule,
- Set the most recent high/low as the stop-loss at entry
- If the Heiken Ashi color changes consecutively, exit (only if in profit)
These guidelines may limit profit margins, but they should increase the win rate!
If you can’t picture how it works, please look at the image below!
It becomes a flow where you periodically pick out long trends.
In some cases, profits may be slim, but avoiding losses is important in FX, so
if you’re unsure about your trading method, try using this approach!
However, what we’ve shared today is just one way to trade using “Japanese mix.”
You can use “Japanese mix” in a way that suits you, and there is no problem at all, and in the end
we hope you find your own effective way to use it.
Backtesting becomes more interesting as you get used to it^^
If you have not yet obtained“Japanese mix”yet, please click herehere
Thank you for reading until the end.
Tool Development Team