Disliked{quote} HM 4 Hour DB timeframe set On 1 Hour Start 22 min after NY open. TP 0.02 SL 1.1 {image}Ignored
Stress Free Automated Trading Systems
- #405
- May 29, 2018 7:04pm May 29, 2018 7:04pm
Here is a 4 HR HAS colour change set up I started on 18th May. No HM SL or TP.
Nicely in profit however because it is based on 4hours it will give back a lot when the HAS changes.
Might be worth a large basket TP but am interested to see how it will finish up without any intervention from me.
I have also been playing around throwing the HAS on a 8 pip and then a 3 pip renko chart but it was pretty obvious early on that it is unlikely to be a profitable setup so need to rethink that one.
Nicely in profit however because it is based on 4hours it will give back a lot when the HAS changes.
Might be worth a large basket TP but am interested to see how it will finish up without any intervention from me.
I have also been playing around throwing the HAS on a 8 pip and then a 3 pip renko chart but it was pretty obvious early on that it is unlikely to be a profitable setup so need to rethink that one.
- #406
- May 29, 2018 8:19pm May 29, 2018 8:19pm
Hi Eugene,
For a while I thought that my eyes have been deceiving me but I have noticed there is a difference in the HM output between a simple timed update and a re-initialisation of the HM.
The first chart shows the HM as it was just prior to the 4HR bar close.
The second chart shows the HM as it updated at the beginning of the new bar.
The third chart shows the HM after I had re-initialised the HM settings.
You'll notice that there are a number of differences between the two which will affect any new trades taken (or not)
If I am at the computer then I can manually change the settings but if I am not at the computer then the HM would be taking some invalid trades.
I apologise if I am incorrect in my assumption that the HM is not updating correctly however should a timed update not be exactly the same as a re-initialisation?
For a while I thought that my eyes have been deceiving me but I have noticed there is a difference in the HM output between a simple timed update and a re-initialisation of the HM.
The first chart shows the HM as it was just prior to the 4HR bar close.
The second chart shows the HM as it updated at the beginning of the new bar.
The third chart shows the HM after I had re-initialised the HM settings.
You'll notice that there are a number of differences between the two which will affect any new trades taken (or not)
If I am at the computer then I can manually change the settings but if I am not at the computer then the HM would be taking some invalid trades.
I apologise if I am incorrect in my assumption that the HM is not updating correctly however should a timed update not be exactly the same as a re-initialisation?
- #409
- May 30, 2018 12:00pm May 30, 2018 12:00pm
Good Morning Traders... here are the daily updates. Just a reminder I have stopped the Daily HM. Need to make room on my trading computer for the new Dashboard and SUP/DEM TS. This morning was our last free webinar and next week we start our "Members Room". I will be showing one of my manual live trading setups. In fact I am going to take my manual trading skills and put them up against the Dashboard and SUP/DEM on full auto. That should be very interesting.
OK, now for the updates.
4 Hr HM ADR TP
Check Video for more info on this setup.
1 Hr HAS BO London
Check Video for more info on this setup.
1Hr HAS BO 1 and Done
Check Video for more info on this setup.
10 PIP Renko BO
Please watch video for more in depth info
OK, now for the updates.
4 Hr HM ADR TP
Check Video for more info on this setup.
1 Hr HAS BO London
Check Video for more info on this setup.
1Hr HAS BO 1 and Done
Check Video for more info on this setup.
10 PIP Renko BO
Please watch video for more in depth info
Inserted Video
- #412
- Edited 7:22pm May 30, 2018 7:07pm | Edited 7:22pm
[quote=seller9;11116618]{quote} Your OK there can be a difference as when you do a manual update it uses the present data which may be different from the data that was present several hours before. The reason I did the auto updates only on a new candle was to take it easy on the CPU and not do it on every tic. Since I will be
.
Ok thanks for clarifying that Gene - looking forward to the new version
.
Ok thanks for clarifying that Gene - looking forward to the new version
- #413
- May 30, 2018 10:09pm May 30, 2018 10:09pm
Here's an update on the 4Hr HAS which was up around $2k or so yesterday and has since started to reverse and thus close trades with opposite colour, giving back a lot of profit because price action moves a long way away from the HAS. You can see that by the cycle profit / loss.
I'll just keep it running and see where it goes.
I'll just keep it running and see where it goes.
- #419
- May 31, 2018 10:57am May 31, 2018 10:57am
{quote} Hey John, If the "USE HAS Color Change" is true, then you will get a trade signal at the color change... if "HAS Direction" is true then you must also have the "Use BO Line Break" set to true. But you cannot have both HAS settings set to true... one or the other. As far as your trading... sounds like you made some really good pips, but you gave them back. The Forex market giveth, and it takes it away. I think its important to us a equity Lock or ETP on the Dashborad. There is always another PIP Train leaving the station!
- #420
- Edited 12:07pm May 31, 2018 11:54am | Edited 12:07pm
Approaching Friday and with it brings Non Farm and other RED US news. Traders beware! We are getting many early sign-ups for the monthly subscription "Member Room" which starts on Monday. Please see our web site for all the details. www.inteltrade.com
Here are my daily updates for today.
4 Hr HM ADR TP / EL
10 PIP Renko BO
1 Hr HAS BO London
1 Hr HAS BO 1 and Done
Watch Video here.
Here are my daily updates for today.
4 Hr HM ADR TP / EL
10 PIP Renko BO
1 Hr HAS BO London
1 Hr HAS BO 1 and Done
Watch Video here.
Inserted Video