HA EMA50 Trend Filter No Chop Daily Trade Limits — Strategy by rshray92
By rshray92
Performance Metrics
- Author: rshray92
- Symbol: BITSTAMP:XRPUSD
- Timeframe: 5 minutes
- Net P&L: −0.08 USD (0.00%)
- Win Rate: 40.2%
- Profit Factor: 0.537
- Max Drawdown: 0.08 USD (0.00%)
- Total Trades: 92
Description
This strategy trades strong directional moves using Heikin-Ashi candle confirmation and a 50-period EMA trend filter, while aggressively avoiding consolidation. Entries occur only after two consecutive Heikin-Ashi candles close in the same direction with price on the correct side of the EMA, and are further filtered using ATR-normalized volatility, range, EMA slope, and EMA cross-chop conditions to ensure the market is actively trending. Trades are executed at the open of the next candle, managed with structure-based or fixed stop losses, an optional break-even rule, and exited on Heikin-Ashi color reversal or protective stops. To protect capital and reduce overtrading, the strategy enforces strict daily limits, allowing a maximum of five trades per symbol and automatically stopping trading after two losing trades in a single day. Designed for forex markets during active sessions, this system prioritizes clean trends and capital preservation over frequent entries.