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Happs Trading System

  • #61
  • Oct 9, 2010 8:40pm Oct 9, 2010 8:40pm
You need to work it out...and then trade it for some time going forward...but you need to decide what/how to use to build the zones...so that everyone who might follow the thread is looking at the same charts.
Cheers
CanuckCT
  • #62
  • Oct 9, 2010 8:48pm Oct 9, 2010 8:48pm
Steve, with your suggestion about using the avg of the high and low for the "open" I created a new chart below for A/U. A/U because that's the pair I mainly trade. Looks good!
Attached Image (click to enlarge)
Click to Enlarge Name: au.gif Size: 29 KB
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #63
  • Oct 9, 2010 9:04pm Oct 9, 2010 9:04pm
Quoting MarcVUM
Steve, with your suggestion about using the avg of the high and low for the "open" I created a new chart below for A/U. A/U because that's the pair I mainly trade. Looks good!
Thanks Marc, I think so also. It picks up the underlying harmonics on all of the pairs I've used it on.

So, in the name objectivity, to get everyone on the same page with their values, and to resolve the coding issues-lets use the high, low, and average.
  • #64
  • Oct 9, 2010 9:13pm Oct 9, 2010 9:13pm
Might I suggest you update the first post with this information...and place a few templates there.
Cheers
CanuckCT

Quoting stevefx
Thanks Marc, I think so also. It picks up the underlying harmonics on all of the pairs I've used it on.

So, in the name objectivity, to get everyone on the same page with their values, and to resolve the coding issues-lets use the high, low, and average.
  • #65
  • Oct 9, 2010 9:25pm Oct 9, 2010 9:25pm
Quoting CanuckCT
Might I suggest you update the first post with this information...and place a few templates there.
Cheers
CanuckCT
Thanks Canuck, I wasn't planning to neglect that. I thought I'd look over the work pat has done on V2 first, to see if I can come up with some constructive feedback. I'm working on it, my friend, thanks.
  • #66
  • Oct 9, 2010 9:39pm Oct 9, 2010 9:39pm
Quoting Pat1
I only see two problems.

It erases the fibs if you place them manually when you switch time frames.

And its not placing the levels from the open to the low. I know thats a little more complicated, because you have a different schemes spatially from the open to the low, than from the open to the high.

Steve,

Based on your previous post regarding au where the diff between the open and low was twice that of between high and open, you suggested using 5th rank instead of 4 for below...
Pat,

I just first wanted to say thanks very much for your great work. I think changing the color of the rectangles to a neutral color is a fine idea.

The way you've alternated the views is also fine, very ingenious.

The main difficulty I see is that the indicator erases any object placed on it, such as a trendline if the user switches timeframes.

This is sort of key, since it takes aways people's ability to customize their chart to their liking. If there is a way you could fix that, that would be great. Aside from that, its all working.

Thanks again, very much, great work!
  • #67
  • Oct 9, 2010 10:23pm Oct 9, 2010 10:23pm
Ok, front page is all updated. Thanks very much to everyone for their input. Rome wasn't built in a day!

It'll get there. Now I need some rest. A good night to all.
  • #68
  • Oct 10, 2010 5:52am Oct 10, 2010 5:52am
It looks even better on a 15pips rangebars charts

2- senerio

1. When green on top sell when red on bottom buy
2. when red on top sell when green on bottom buy
Attached Image(s) (click to enlarge)
Click to Enlarge Name: rangebarshapps2.gif Size: 19 KB
Click to Enlarge Name: rangebarshapps.gif Size: 19 KB
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #69
  • Oct 10, 2010 6:05am Oct 10, 2010 6:05am
I am neutral at the current price -- I will sell at the red line above or buy on the red line below
Attached Image (click to enlarge)
Click to Enlarge Name: rangebarshapps3.gif Size: 22 KB
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #70
  • Oct 10, 2010 10:06am Oct 10, 2010 10:06am
Quoting zamanib
I am neutral at the current price -- I will sell at the red line above or buy on the red line below
I think thats a sensible view, zamanib. You always have to be careful entering a position right above or below these colored areas, as price can tend to reverse right around them. Demand falls off, and supply steps in, even though GU is above its buying support ATM. It looks good, but can be a trap.

Thanks for sharing your outlook!
  • #71
  • Edited Oct 11, 2010 12:13am Oct 10, 2010 10:51am | Edited Oct 11, 2010 12:13am
Hi Steve



This looks great the old EURUSD template has the SD pivot zone above the red ATR line this past week, but this new template lines up the SD pivot zone nicely with the red ATR line on H1.

...............................................................
post edited as I removed my idea.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd chart happs breakout pivots.jpg Size: 176 KB
  • #72
  • Oct 10, 2010 12:23pm Oct 10, 2010 12:23pm
could you please clarify - are you referring to price bars, horizontal lines, I'm just not sure what you mean - pls help out

1. When green on top sell when red on bottom buy
2. when red on top sell when green on bottom buy

thanks alot
traderdp
  • #73
  • Oct 10, 2010 2:23pm Oct 10, 2010 2:23pm
Quoting ianlikesgolf
Hi Steve

I made up this breakout pivots template from the new EUR haps template on post 1.

Looks great the old EURUSD template has the SD pivot zone above the red ATR line this past week, but this new template lines up the SD pivot zone nicely with the red ATR line on H1.

...............................................................

For the threads information this Breakout EA creates these lines on the chart
(red, 2 x yellow, green, blue) based on the weekly ATR. It was made up from Stevefx excellent well thought out system that works...
Thanks very much Ian, but I'm not sure that these two systems really go together very well. When you try to do too much sometimes it creates more of a clutter than a clear view. A better bet might be just to use some stochastics along with indi, to get aligned signals working in accord with the movements off the different levels.
  • #74
  • Edited Oct 11, 2010 3:23am Oct 10, 2010 5:02pm | Edited Oct 11, 2010 3:23am
I learn as I go.

You are correct. I am doing too much.

I will give stochs a go on demo.
  • #75
  • Oct 10, 2010 11:19pm Oct 10, 2010 11:19pm
First posted trade with this system. Shorting EC. Target is 3368.
Attached Image (click to enlarge)
Click to Enlarge Name: happsECshort.jpg Size: 130 KB
  • #76
  • Edited Oct 11, 2010 1:35am Oct 10, 2010 11:42pm | Edited Oct 11, 2010 1:35am
Version 3 changes:
Removed H_Open
Calculations are based on 4th rank factoring between midpoint and two end points.
Only objects created by the indi would be managed by the indi.

Cheers

Pat
  • #77
  • Oct 10, 2010 11:56pm Oct 10, 2010 11:56pm
Quoting Pat1
Version 3 changes:
Removed H_Open
Calculations are based on 4th rank factoring between midpoint and two end points.
Only objects created by the indi would be managed by the indi.

Cheers

Pat
Thanks Pat. Here's the difference between the two on A/U. The 1st chart is v2 with the avg of the high and low as the "open". Chart two is of v3. I actually like the v2 chart better on this pair using the avg of the H and L as the O.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: au1.gif Size: 19 KB
Click to Enlarge Name: au.gif Size: 21 KB
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #78
  • Oct 11, 2010 12:01am Oct 11, 2010 12:01am
Can you post the numbers you have for AUDUSD for entering into the indi with version 2 indi please
  • #79
  • Oct 11, 2010 12:08am Oct 11, 2010 12:08am
Quoting ianlikesgolf
Can you post the numbers you have for AUDUSD for entering into the indi with version 2 indi please
9917
7346
4775
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #80
  • Edited 1:50am Oct 11, 2010 12:55am | Edited 1:50am
The version 3 was for 5th rank factoring
Version 4 is 4th rank factoring.

Thanks Marc
Attached File(s)
File Type: ex4 Happs_Phases_v4.ex4   9 KB | 582 downloads
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