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- maxpiper replied Apr 16, 2012
What you are saying is right,But unlike other indicators HA candles repaint rarely,as you were saying back and forth it happens for other MTF indies like stocs which moves with every tick, 4r candles usually will change at the first 30 min of the ...
- maxpiper replied Apr 16, 2012
hi dave, Oh you noticed the arrow and say they do not agree. i just pointed out that area, there you can see in that region there is confluence. I once again say to naysers, just wait for the trade there might be 2 or 3 only per week. Got to be ...
- maxpiper replied Apr 16, 2012
thanks hugh, for you advice on hard road ahead, i see some potential in my eyes with this system. Every one does not see the world the same way i guess, lets wait for some time na. i will post pictures of my trade and also attach trade explorer soon ...
- maxpiper replied Apr 16, 2012
Take todays EU chart and load it, you will see what i am taking about! at the start of the day there was confluence it had 70 pip run but we could have hit our 50 pip mark way before that. cheers!
- maxpiper replied Apr 16, 2012
Welcome Hugh, Yes i agree with you, Day Ha candles remain in same color for long time. But we trade only when all the three candles get aligned. High profitable trade scenario: 1. wait for day candle to change colour 2. wait for the first change of ...
- maxpiper replied Apr 16, 2012
Ok mate will look to it may be in next version! cheers!
- maxpiper replied Apr 16, 2012
hello cisco, As a basic rule of the method we don't trade on single time frame. we look daily for overall trend, 4hr for intermediate and 30 min for entry and 4hr for exit or 50 pips exit target! yes cci could be used, but am tryin to couple with ...
- maxpiper replied Apr 16, 2012
Hello fx catty, A good question, i have shown an ideal setup, it is for understanding the system. You should understand am not saying it as holy-grail, as i just showed the setup, if the trade fails i don't sink i enter according to the rules again. ...
- maxpiper replied Apr 16, 2012
Hello Blackeagle, Yes have backtested HA's as well they seem to do equally good, am using just using HA for now. HA's needs to be forward tested. So i started this thread! Hope we can reap some pips here!
- maxpiper replied Apr 15, 2012
Trade Example and Indicators — Attached are the Indicators i use HA mtf and Trading Sessions indicator. 1. HA indicator settings Just open three HA windows and input three different times 30, 240, 1440 respectively to look for 30 min, 4hr and ...
- maxpiper replied Apr 15, 2012
Started a New Thread — Hello guys, have started a New thread here "http://www.forexfactory.com/showthread.php?t=354592"
- Maxpiper HA candles
Hello fellow traders am starting a New thread to start trading with Heiken Ashi Candles, with Multi ...
- maxpiper replied Apr 15, 2012
Hi Blackeagle thanks for your query, I use 533 stocs, and i confirm the trend in the start of the day, once the stoc changes direction i stick to it. and look for confluence with 4 hr chart and also 30 min chart. All need to be aligned, once i enter ...
- maxpiper replied Apr 15, 2012
You can put 40 - 50 pip stop loss once starting out, TP can be cross of 4HR stocs... Cheers!!
- maxpiper replied Apr 15, 2012
Amazing SL and TP — The beauty of the system is once when you enter the trades you will exit only on 4hr stocs cross. That becomes your stop loss as well. So the stop loss will range from 10 pips to 40 pips, TP will hit from 20 pips to 200 ...
- maxpiper replied Apr 15, 2012
Will do backtesting for EU and UCHF may be next weekend. Will post the live charts tomo. Waiting for live action!!
- maxpiper replied Apr 15, 2012
March Backtest — The system is showing Fantastic results! Here are the results for GU and EJ GU, March 2012 Total trades = 16 wins = 13 loss = 3 max gain in single trade = 160 pips max loss in single trade = 20 pips total pips gained for the ...
- maxpiper replied Apr 15, 2012
Another backtest — GBP/ USD Jan 2012 Total trades = 22 wins = 14 loss = 8 max gain in single trade = 120 pips max loss in single trade = 20 pips total pips gained for the month = 440 Feb 2012 Total trades = 17 wins = 14 loss = 3 max gain in ...
- maxpiper replied Apr 14, 2012
Back testing — I have started to back test the system. some results: Eur/Jpy Jan 2012 Total trades = 13 wins = 9 loss = 4 max gain in single trade = 120 pips max loss in single trade = -40 total pips gained for the month = 780 Feb 2012 Total ...
- maxpiper replied Apr 14, 2012
If the thread gets lot of participation and requests will start a new thread! Cheers!