Hello friends. today I want to show you a three minute poket option strategy based on Heiken Ashi candles. there are two good entry points to this method and I will try to cover both points in detail in the video.
the moments I show you are quite rare and take time to find but have a higher probability of winning. so, let's start setting indicators. I set two indicators in total and the first one is the donchian channel.
let's raise the period to 21. the middle line color is yellow. bold all the lines.
the second indicator is RSI. I increase it's period to 16. the color of the main line is white, green, gray and red and save.
the next process is to set up 1 minute Heiken Asi candles and trading time will be 3 minutes. for the method needs a stable currency Pair to work best or I choose a time when the candles are moving calmly and there is no aggressive Market. I want to remind you that for all those who are interested the platform registration link will be in the video description.
now, I want to observe the platform when the green candles are completed above the blue line of the Donchian Channel and then the red candles begin and at least two red candles are made. this is a bearish signal of the donchian channel. at this time RSI should be also give us a signal.
a bearish RSI signal is when the white line breaks out of a buy position in the downward Direction, that is the white line of the RSI crosses its own green line from top to bottom and these two signals together with the movement of the red candles are quite effective. and as I already told you this strategy works much more strongly on currency pairs where candles are stable and quiet, as you can see on the platform now. it's perfect situation.
it's also necessary to trade with the 3 minute time interval because only in this time frame can one get the best results with this method. in short, this is the first good point of this method but it also has the second Stronger situation and I will try to open the next position in the second situation. so, let's wait a little bit more and see how things develop.
great. . great.
. I won. friends, as promised, this is the second good moment of this method and if you ask me I like this moment much more because I personally found the profitability much higher with this moment and it's an easier situation to find compared to the previous situation.
at the moment, I am watching the middle yellow line of the Donchian channel which must be crossed by the red candles and must continue to move downward again. as you can see, there should be a similar moment on the platform. also, important is the white line of the RSI which should cross its own middle Gray Line in the downward Direction.
this indicates that the RSI indicator also gives us a signal in the downward Direction. and there is also another important Point to observe after all these signals. if there is a downward Trend consider that the probability of winning is increasing but this does not mean that the moment will always win and the moment is 100%.
I have had cases where the method showed low profitability but such moments are rare. there are days when there are no trades due to various external factors and the candles move very aggressively and I categorically avoid those moments. guys, when I trade I just try to think with a cold mind and follow the specific strategy.
what happens it doesn't matter I have to follow the strategy that I have chosen for that moment and this kind of thinking really helps me find better positions and make more profitable entries. so, let's wait and see how things develop. very good!
as you can see, I won both trades with a 3 minute time interval open position. it was possible for me to lose funds if I logged in for a minute or two. that's why I already said this strategy works well on a three minute time interval.
I hope you enjoyed the video and found many interesting things about online trading and gained more knowledge. friends, I want to remind you that my videos are not Financial advice or recommendations. they are only educational in nature.
I want to wish you a successful trading day and see you in the next video.